Powerball Jackpot: Previous Winners Cite Cautions as It Swells to $1.8 Billion; Here's Why

Powerball jackpot: Previous winners cite cautions as it swells to $1.8 billion; here's why

Timothy Schultz, who won a $28 million lottery in 1999 in Iowa, cautioned people not to be swayed by smooth talkers who simply claim the title. He advised hiring a financial adviser with the hard-earned experience to back it up.

He’s advised 50+ jackpot winners. Here’s his advice for Powerball winner

Tax attorney Kurt Panouses has advised over 50 significant jackpot winners, including a billion-dollar prize. He tells CNN’s Fredricka Whitfield his top tips on handling massive lottery winnings as the winning Powerball ticket could win a prize of $1.8 billion.

Powerball jackpot rockets to $1.8 billion

The Powerball jackpot is up to $1.8 billion ahead of Saturday night's drawing, the second-largest amount in Powerball and American lottery history.