Your client, Gem Killikelly has just called to let you know that she has won $1 million

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Question:

Your client, Gem Killikelly has just called to let you know that she has won $1 million in a lottery. This is a huge windfall for her, since at age 35, she has little savings. Currently Gem works part-time as a waitress, and studies acting in her spare time. She earns a modest income, but now that she has won the lottery she would like to quit her job to pursue a full-time acting career. Jane is not concerned about variations in her portfolio, but she does not really understand investments. What is Gem's investment objective? Time horizon? Risk tolerance? On what do you base your conclusions