Case Study

Helpful investment advice to Lottery winners

Helpful investment advice to Lottery winners

A delve through the main stream media, (MSM), gives lots of examples where big lottery winners lose it all and file for bankruptcy within 10 years, (an example here from the Express). The lottery operator, as part of the aftercare for lottery winners, makes an introduction to one of a number of national providers of financial advice, so a regional provider, like ourselves will not normally meet lottery winners, except by personal introduction long after the event. In the last 10 years, I have met two, both were introduced to me though a charity I volunteer with and both were trying to understand the finer details of the advice they had been given.