Adrian Mastracci of Vancouver's KCM Wealth Management offers a simple, five-step plan for the 17 lucky folks who will each receive nearly $3.2 million as their share of this week's $54 million Lotto 6-49 jackpot:

Adrian Mastracci, investment counsel at Vancouver’s ‘fee-only’ KCM Wealth Management, says, "That's it. A simple plan that can be tailored to each situation.”

1… One: Put a few bucks ($50,000) in a chequeing account, and park the rest in three-month Treasury bills.

2… Get out of town. Take a vacation for two to three months to escape the limelight, and give yourself time to think.

3… Put together your team -- include an accountant, an investment adviser and a lawyer -- and determine your long-term goals.

4… Set aside about 20 per cent of your winnings -- $700,000 -- for immediate needs and indulgences, such as a new home, new car, paying off your debts and buying gifts for children or friends.

5… Invest the remainder ($2.5 million) in a "prudent, diversified, long-term portfolio," split between stocks and income-producing securities, with the aim of generating a return of about six per cent or $150,000 annually.

"That's it. A simple plan that can be tailored to each situation," he says.

NOTE: The information provided above is intended for general informational purposes only. It does not constitute advice for anyone's specific situation. Everyone should always first consult directly with their advisors to determine the appropriateness of any information contained above before taking any action. KCM Wealth Management Inc. assumes no responsibility for any loss or damage arising from the use of, or reliance upon the above information.