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After obtaining the ticket, lottery winners should think about speaking with financial advisors or attorneys who focus on lottery winnings in order to properly handle tax ramifications and investment opportunities. These professionals are able to offer helpful advice on how to handle the newly acquired wealth and make wise choices going forward. Take Care of Your Winnings. Developing a strategy for managing & distributing winnings is essential for long-term financial stability. A lot of winners decide to invest in assets that will eventually produce passive income or pay off debts first.