Mark Cuban's Tips for Winner of Powerball's Huge Jackpot

If there's a winner of the record $1.4 billion (or more) Powerball jackpot Wednesday night, they will enter the world of the super-rich. Dallas Maverick's owner Mark Cuban is one.

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Have you given any thought to what you should do if you win? By now, I'll bet you've fantasized about what you would do first.

POLL: What’s the First Thing You’d Do If You Won the Powerball

Mark Cuban knows what it’s like to suddenly become incredibly wealthy and he has some tips for the winner or winners. It's not going to be all wonderful but I'm sure most of us would welcome the troubles it might bring.

Hire a tax attorney first.
Don’t take the lump sum. You don’t want to blow it all in one spot.
If you weren’t happy yesterday you won’t be happy tomorrow. It’s money. It’s not happiness.
If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.
Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs 1m dollars for anything. No one needs 100k for anything. Anyone who asks is not your friend.
You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.

As the Dallas News prints:

But don’t take this as a suggestion from Cuban that you should spend a lot of money on lottery tickets. The odds (one in 292.2 million) will continue to be remote no matter how many tickets you buy.