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How to avoid a Lotto dream turning into a financial nightmare
Description
What would you do if you won Lotto?
It's a question we’ve all asked ourselves. It’s the ultimate get-rich-quick fantasy that the majority of the country can only fantasize over.
However, ending up with $19 million in your bank account overnight isn’t quite the dream it’s made out to be.
So what’s the right way to handle a sudden fortune like that?
Today, NZ Herald senior writer David Fisher joins Damien to discuss how one man’s financial fortune turned into a legal nightmare - and later, Cooking the Books host and BusinessDesk investment editor Frances Cook explains what people can do to avoid a similar fate.
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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto
Editor: Paddy Fox
Executive Producer: Ethan Sills
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