Financial adviser Robert Pagliarini explained the pitfalls that come with 'sudden wealth' for Mega Millions Jackpot winners.
Raising Cane's co-CEO joins LiveNOW from FOX to talk about buying 50,000 Mega Millions jackpot tickets for it's employees.
Robert Pagliarini, a financial adviser and author of "The Sudden Wealth Solution," told FOX Business that most winners would want to take the lump sum upfront even though they only get to keep 60% of the total jackpot thanks to taxes — but that would be a mistake. , even though they know they're going to, you know, get a 40% hit when they take the lump sum," Pagliarini explained.
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