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Fortune
Fortune
Ashley Lutz

Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes

In this photo illustration, a clerk holds Powerball lottery tickets at a convenience store (Credit: Brandon Bell/Getty Images)

Powerball’s $1.7 billion jackpot may create a new ultrarich winner, but financial planners say what happens after the drawing can matter more than the winning numbers. They describe a consistent set of mistakes that can quietly turn a once‑in‑a‑lifetime windfall into a long, public mess.​

Rushing big decisions

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