A local economist explains how to protect Powerball winnings (WSB-TV)
KENNESAW, Ga. (Aug 24, 2017) — We hear often about big lottery winners who mismanage their winnings. We spoke to a local economist about what to do if you score big playing Powerball.
Roger Tutterow, an economics professor at Kennesaw State University says if you are lucky enough to become a winner of this giant Powerball jackpot you’ll likely hear from long lost relatives. He says you’ll also hear from plenty of investment advisors telling you what to with your money.
A leader in innovative teaching and learning, Kennesaw State University offers undergraduate, graduate and doctoral degrees to its nearly 43,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.