See how Powerball jackpot winners decide whether or not to quit their jobs after scoring big with a seven-figure Powerball prize.
If you hit a Powerball jackpot, would you quit your job or keep working? Surprisingly, many big jackpot winners choose to continue working, even after becoming overnight millionaires or billionaires. What about other Powerball prizes? We’ll take a look back at some of the biggest and most memorable Powerball winner stories to see how players made their decisions about whether or not to keep working.
Why Some Powerball Players Keep Working
Believe it or not, a surprising number of Powerball prize winners don’t walk away from their jobs right away. In fact, a Gallup poll found that 44% of lottery winners continued working after a big win, at least for a while. Here’s why:
- They love what they do. Some Powerball players say their job gives them purpose, identity, and joy. Money might change your lifestyle. But it doesn’t necessarily change your passion.
- They don’t want their lives to change too fast. Quitting your job immediately after winning a Powerball jackpot can feel too abrupt. Some winners choose to ride it out for a few more months to keep structure and normalcy in their day-to-day.
- They feel a sense of loyalty. It’s common to feel connected to coworkers, clients, or a mission, especially in small businesses or long-standing careers.
- They’re worried about financial security. Even a seven- or eight-figure prize can seem uncertain when it’s stretched over decades. By keeping their job (or even switching to part-time,) winners protect themselves from burnout or poor financial planning.
Why Other Powerball Winners Say ‘I Quit!’
On the flip side, many winners feel there’s no better time than “now” to change everything. For them, winning a Powerball jackpot becomes the launchpad for a totally new chapter. Some common reasons for quitting include:
- Burnout or job dissatisfaction. Many players buy Powerball tickets hoping to escape a job they don’t love. Once they win, that exit door swings wide open.
- They want to travel, volunteer, or pursue hobbies. A big Powerball prize gives winners freedom to chase dreams that don’t involve a 9-to-5.
- They want to invest, start a business, or retire early. Some choose to build something new rather than keep a paycheck. A Powerball jackpot can fund startups, nonprofits, or quiet early retirements.
- They want to protect their privacy. Workplaces can quickly become complicated if coworkers or bosses know you’ve won. Quitting early is one way to avoid awkward office gossip or tension.
Should You Quit Your Job After a Powerball Win?
If you're dreaming about that big Powerball prize, it’s worth asking: What would I do if I won? There’s no one-size-fits-all answer, but here are a few things to consider:
- Take time before making big decisions. Experts often recommend waiting at least six months after a major windfall before quitting your job, moving, or making big investments.
- Talk to a financial advisor. A trusted expert can help you build a long-term plan that protects your future, whether you work or not.
- Think about your values. What makes you feel fulfilled each day? Make sure your decision remains “your decision” and that it lines up with the kind of life you want to lead.
Play Smart, Dream Big
Winning a Powerball jackpot is a life-changing experience. Whether you keep your job, quit it, or use your prize to fuel something totally new, it’s your call. The most important thing? Make the decision that feels right for you. And think about the long run, not just the short term.
Take your time to seek out reliable advice. Stay grounded in your own personal goals. If you become a Powerball winner (jackpot or other sizable amount,) you earn the chance to live your life on your terms and make it count.
And until then, good luck, Powerball players.