The financial implications of winning the lottery

Published  January 6, 2016 10:01am CST
FOX 32 Chicago
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CHICAGO (FOX 32 News) - The estimated jackpot for Wednesday night's Powerball drawing has soared to $450 million thanks to strong sales.

Multi-State Lottery Association officials on Tuesday increased the expected prize from $400 million because of fast sales for the largest lottery jackpot in nearly a year. But what do you do if you actually win the lottery? 

Estate planner Lindsey Markus joined us LIVE on Good Day Chicago to talk more about the financial implications of winning the lottery.