First Thing You Should Do if YOU Win the LotteryScott Olson/Getty Images Mega Millions purchasing locationsImagine the very thing you’ve hoped for - actually happens - Your ticket has all the correct numbers. 2 - Make Copies of your Winning Ticket and Secure itMake several copies of the front and back of your winning lottery ticket - to show your lawyers and accountants. 3 - Protect Your PrivacyLiving in Washington State, lottery winners are required to have their name and town made public. 8 - Set Up a Monthly BudgetThis sounds like common sense, but sadly, a staggering 70% of lottery winners go broke within five years. They (lottery winners) haven’t really practiced managing money -Robin Henager, an associate professor of economics and finance at Whitworth University.