
When a Chicago woman called in to The Ramsey Show for advice on what to do after winning $1 million from a scratch-off lottery ticket, the financial guru's message was clear: Consult a financial adviser before spending any of it.
Show co-host Dave Ramsey walked Sarah, who chose the lump-sum payout of $600,000, through the tax implications of her windfall, concluding that she would wind up with about $426,300 after withholdings.