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With more money, more problems? Managing a windfall

A chance to split a $380 million jackpot. Where's the problem in that?

Sure the money will change the lives of the Mega Millions lottery winners, but it's imperative that they have a sound financial plan. Failure to map out a strategy for their winnings could lead to misery.

A retired man in Washington, Jim McCullar, claimed his prize on Thursday, while the Idaho ticket holder has yet to surface.

The delay in coming forward after Tuesday's drawing means the winners are likely following the first prudent step for anyone suddenly coming into lots of money — keep quiet until you figure out what you're going to do with it.

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With more money, more problems? Managing a windfall
 
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