Shark Tank's O'Leary: What you should do if you win the $1.6B Mega Millions [MSN Money]
Comcast Corporation - Class A (CMCSA)
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Source: MSN Money
© Provided by CNBC LLC Kevin O'Leary The Mega Millions jackpot has climbed to $1.6 billion, making it the largest jackpot in U.S. lottery history. Players across the country are plotting how they would spend those millions , but when it comes down to it, becoming a multi-millionaire overnight is serious business. Load Error So what is financial expert and Shark Tank investor Kevin O'Leary's best advice if you win the lottery? You've won financial freedom. Don't screw it up! he tells CNBC Make It . Though O'Leary says he bought zero tickets himself — Everyone knows I like low risk investments. I don't do one in 302.5 million odds — here he tells CNBC Make It what to do if you win. Take the lump sum Mega Millions winners must decide whether to collect their money in a single reduced lump sum or 30-year annuity payments. Take the lump but don't spend it, O'Leary tells CNBC Make It. Pay yourself an annuity, he says, and put the excess cash flow
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