What to do with $400 million in lottery winnings

What this episode covers

On this week’s Hanson McClain’s Money Matters: Scott and Pat talk to a caller that claims to have won over $400 million in the Powerball lottery, and wants to know how to invest his winnings. Next, a caller asks a question about spousal contributions to an IRA. Then, a call about protecting savings from being used for medical or nursing expenses. Scott and Pat then discuss how to convert a 401k into monthly income. Lastly, Hanson McClain advisor Dave Cox shares a client story about early retirement. If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at [email protected] at any time to be featured on a future show. Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Frequently Asked Questions

How long is this episode of Money Matters by Allworth Financial?

This episode is 52 minutes long.

When was this Money Matters by Allworth Financial episode published?

This episode was published on April 22, 2017.

What is this episode about?

On this week’s Hanson McClain’s Money Matters: Scott and Pat talk to a caller that claims to have won over $400 million in the Powerball lottery, and wants to know how to invest his winnings. Next, a caller asks a question about spousal...

Can I download this Money Matters by Allworth Financial episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.