{"id":112086,"date":"2025-11-01T08:30:07","date_gmt":"2025-11-01T08:30:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/112086\/"},"modified":"2025-11-01T08:30:07","modified_gmt":"2025-11-01T08:30:07","slug":"33m-powerball-jackpot-not-struck-heading-for-mega-rollover","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/112086\/","title":{"rendered":"$33m Powerball jackpot not struck, heading for mega rollover"},"content":{"rendered":"

Financial adviser Mark Richardson yesterday told Herald NOW<\/a> that new winners should take a \u201ccooling-off period\u201d before making any major decisions.<\/p>\n

\u201cIf you\u2019re not used to this sort of money, you need a cooling-off period,\u201d he said. <\/p>\n

\u201cWith easy money in like this, it can be easy money out.\u201d<\/p>\n

He urged new millionaires to resist the urge to splurge on expensive houses and cars, warning that \u201cbig ticket items come with big bills as well.\u201d<\/p>\n

Instead, Richardson recommends taking time to plan and seek professional help. \u201cYou\u2019ll need sound accounting advice. You\u2019ll need sound legal advice\u2026 You haven\u2019t had to think about tax at this level.\u201d<\/p>\n

He also stressed the importance of diversification when investing. <\/p>\n

\u201cDon\u2019t just all of a sudden go, \u2018Well, it all goes into term deposit, or it all goes into property.\u2019 You\u2019ll want to be diversified.\u201d<\/p>\n

For the Powerball jackpot to be claimed, a ticket holder must match all six Lotto numbers plus the Powerball.<\/p>\n

Winners who bought their ticket through MyLotto will see immediately if they\u2019ve won. <\/p>\n

Prizes of up to $1000 are automatically credited to accounts, while larger prizes require an online form. <\/p>\n

Players who purchased physical tickets need to visit a Lotto retailer to claim their winnings.<\/p>\n","protected":false},"excerpt":{"rendered":"Financial adviser Mark Richardson yesterday told Herald NOW that new winners should take a \u201ccooling-off period\u201d before making…\n","protected":false},"author":2,"featured_media":94517,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[80175,1558,6326,138,2082,13313,33443,38040,10506,23949,1132,111,139,5006,69,1523,20878,36097,80176,20705,1533,379],"class_list":["post-112086","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-33m","tag-been","tag-biggest","tag-business","tag-for","tag-giant","tag-heading","tag-jackpot","tag-lotto","tag-mega","tag-million","tag-new-zealand","tag-newzealand","tag-not","tag-nz","tag-over","tag-powerball","tag-roll","tag-rollover","tag-struck","tag-will","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/112086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=112086"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/112086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/94517"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=112086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=112086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=112086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}