A woman from Sandusky, Ohio, won $15 million in the state’s 50th Anniversary scratch-off game. She chose the $7.5 million lump sum option, which will shrink to around $4.5 million after taxes. The IRS withholds 24% of lottery winnings over $5,000 for federal taxes, with state taxes also eating into the total.

The lump sum option allows for investment in growth-oriented assets like stocks and real estate. Accredited investors have access to commercial real estate deals, offering stability and potential returns. Private equity firms like FNRP provide opportunities to invest in necessity-based commercial real estate, managed by experts.

Investors can also explore fractional ownership in blue-chip rental properties through platforms like Mogul. These investments offer monthly rental income, real-time appreciation, and tax benefits without a hefty down payment. Properties undergo a vetting process, ensuring a minimum return even in downside scenarios.

Considerations for managing a windfall include choosing between a lump sum or annuity payment. An annuity provides steady income and security, while a lump sum offers immediate access to cash. Working with a financial advisor to maximize funds through tax-advantaged accounts like a 401(k) or gold IRA can help stabilize finances.

Opening a gold IRA with Goldco allows investors to directly invest in physical precious metals with significant tax advantages. With a minimum purchase of $10,000, Goldco offers up to 10% matching in free silver. Download a free gold and silver information guide to learn more about diversifying your portfolio.

Read more at Yahoo Finance: An Ohio woman won a $15M jackpot, but she may take home $4.5M after taxes. How to use a windfall to grow your net worth