I advise lottery winners. People are shocked by how little guidance you get — here's what Powerball winners should do.

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Emily Irwin advises lottery winners on how to spend their money.

Courtesy of Wells Fargo

Powerball just announced the winning ticket of its $1.82 billion jackpot

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Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday.

Juliana Yamada/Los Angeles Times via Getty Images

Sitting out the $1.7 billion Powerball? Let these stats about just how unlikely winning is comfort you

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A person holds tickets for the $1.25 billion jackpot in the Powerball lottery drawing in New York City, U.S. December 17, 2025. REUTERS/Eduardo Munoz
The Powerball jackpot has reached $1.7 billion, making it the fourth-largest ever.

Eduardo Munoz/Reuters

I won $28 million in the Powerball when I was 21. One choice saved me from becoming a broke lottery winner.

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Headshot of Tim Schultz, white man in glasses with blonde hair
Tim Schultz won a $28 million Powerball jackpot in February 1999.

Tim Shultz

Lottery winners who lost it all: how jackpot dreams turned into nightmares

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$1B Powerball Is Minting Social Media Gold

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Can AI Predict Powerball Numbers?

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I became a millionaire at 21 after winning the lottery. It changed my life, but I sometimes felt like a walking ATM.

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Headshot of Tim Schultz, white man in glasses with blonde hair
Tim Schultz won a $28 million Powerball jackpot in February 1999.

Tim Schultz

The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he'll keep playing the lottery

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Cheng Saephan, 46, won the $1.3 billion Powerball jackpot in April.
Cheng Saephan, 46, won the $1.3 billion Powerball jackpot in April.

Oregon Lottery

9 ways you can win money in the Powerball jackpot

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The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

Powerball Lottery ticket filled out

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