BRYAN, Texas (KBTX) - Numbers were drawn for Wednesday night’s Powerball worth a whopping $1.4 billion.
The possibilities are endless when a jackpot grows that large, but financial advisor Demond Oliver with Fundamental Wealth Advisors in Bryan said before spending big bucks, it’s important to slow down and build a plan.
“One of the things that you want to think about first and foremost is what does that look like,” he explained. “That’s a ton of money, what am I going to do with it, right? Who do I need to talk to? You want to build a team around you, starting with the financial advisor to guide you through that process.”
Oliver also warns against telling too many people about your newfound fortune.
“It changes you, it changes relationships, so you want to keep that as private as poss