If you win the lottery, there are several steps you should take to protect yourself and your newfound wealth. Here are some tips from financial experts and former lottery winners:

Before turning in the winning ticket:

• Secure your ticket and put it in a safe place.
• Take a deep breath and take your time.
• Protect your privacy by keeping the news of your winnings to a close circle of confidants and not posting on social media.
• Surround yourself with a team of lawyers and financial advisers before you contact lottery officials.
• Make copies of both sides of your lottery ticket and lock it up somewhere only you can access it.

After claiming the money:

• Have your advisers look over the lottery’s rules before you sign the original ticket.
• Pay off your debts, set up savings for college, diversify your investments, and keep up a robust emergency fund.
• Avoid sudden lifestyle changes for the first six months after you win the lottery.
• Set aside a fixed amount for splurges.
• Plan charitable gifts to offset one of the additional income from your lottery winnings.
• Keep a healthy mind and body by eating right, exercising, talking to close family and friends, and seeking professional counseling if handling your new wealth is causing too much emotional strain.

Staying normal:

• See a tax pro before you cash the ticket to understand the tax implications.
• Choose between talking a lump sum or an annuity, and plan in advance against predatory claims against your assets.
• Prepare for publicity, as some lotteries will require you to make your name public, give interviews, or show up at a press conference.
• Have a public relations strategy in play before you claim the money.