I Won the Lottery, Now What?

By Mike Switzer

Published December 11, 2018 at 5:28 AM EST

You’ve probably heard by now that someone purchased the winning $1.5 billion mega lottery ticket in our state. Maybe that person is listening right now. Or maybe you might be a big lottery winner someday. Which is why we invited our next guest on the show to share his recommended tips on what to do if a big cash windfall does indeed come your way.

Mike Switzer interviews John Cooper, a certified financial planner with Greenwood Capital in Greenwood, SC. He is also the current president of the SC chapter of the Financial Planning Assn.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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