‘Don’t be rash’: Financial expert cautions Australians of record Powerball jackpot

Half of all Australian adults are expected to try their luck at Thursday’s record $200 million Powerball jackpot. Ord Minnett Senior Private Wealth Advisor David Lane sat down with Sky News Australia to discuss what the logical and safest thing would be to do with the potential winnings. “Some of the best advice is to not rush and do anything,” Mr Lane said. “Don’t be rash with your decisions. “The best advice for that one winner of the $200 million would be to certainly seek financial advice from a financial advisor, think long term, and think about diversifying.”