A 24-year-old suburban Milwaukee man he won a $768 million Powerball jackpot, the third largest in U.S. lottery history. (Photo: AP)
Manuel Franco would appear to be more than set for life after the 24-year old bagged the winning $768.4 million Powerball lottery ticket.
The on Tuesday, in the form of a $477 million lump sum payout that was reduced to $326 million after state and federal taxes.
“It’s just amazing to think someone that young sitting on that kind of windfall,” says Charles Weeks, founder of Philadelphia-based Barrister Wealth Management, LLC, and a financial literacy website, Unbroke.net. “If (he) can manage it right, he’s going to be a billionaire without too much difficulty.”
No matter how much money Franco may have now, there are