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 more than 150 undergraduate, graduate and doctoral degrees to its approximately 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the third-largest university in the state. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the region and from 92 countries across the globe. 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, and one of the 50 largest public institutions in the country. For more information, visit kennesaw.edu.