You heard it here first! Powerball Powerball Powerball mania has hit California. There are few topics that get people interested and excited as much as the lottery. Even if you don’t play, the idea of receiving a life-changing windfall can be thrilling to imagine. And now it seems, at least for those in California, your chances of receiving sudden wealth from a lottery have increased with the introduction of the Powerball Lottery franchise to our state. As a sudden wealth advisor — or as one client recently called me — a “lottery financial advisor,” I’ve seen my fair share of rags to riches stories firsthand.
But what if you don’t win? I was recently invited by Katie Couric to share my lottery financial advice on her show, Katie. Her last question was if I had advice for someone who’s going to play the lottery for the first time. My answer was that if you are going to play to have fun and to imagine what your dream life would look like if you did win, and then to do everything in your power to create that life even if you don’t win.
About the Sudden Wealth Financial Advisor
Robert Pagliarini, PhD, CFP®, EA has over 26 years of financial planning and investment management for the suddenly wealthy. Robert is a CFP® Ambassador, one of only 50 in the country, and a real fiduciary. He authored the book The Sudden Wealth Solution: 12 Principles to Transform Sudden Wealth Into Lasting Wealth in hopes to help those deal with sudden wealth and the emotions that come along with it. In addition to his Ph.D. in financial and retirement planning, he earned a Master's in Psychology to better understand and be equipped when helping clients manage a windfall. He has helped clients from across the United States who have received a windfall from an inheritance, lawsuit settlement, business sale, stock options, sports and entertainment contracts to make sense of their sudden wealth. When he is not helping the suddenly wealthy, you can find him writing personal finance books and articles for Forbes. If you're needing help managing wealth, contact Robert directly.