Once you have won a big prize from the lottery, you may feel that all of the serious effort is performed. On the contrary, you’d be quite wrong! There are several documented cases of individuals who have hit it big only to lose their fortunes through bad deals, unhealthy living, selfish acts, as well as other unfortunate events. So if you want to be a lottery success story, and avoid the famous “lottery curse” that seems to always make it to the front page of newspapers, below are a few tips to help.
Get a lawyer or financial planner
Before going public with your lottery winnings, it’s really a great idea to speak to an attorney and a financial planer. Certain lawyers focus on lottery winners as well as how to best begin a wise life that will make the most of their winnings. Keep in mind, the ultra-rich (millionaires and billionaires) got that way by being wise with their money. They’ve had their wealth for quite a while. You, on the flip side, as a new lottery winner, are thrust in to the role of ultra-wealthy, without having the years of experience that others may have had. This really is why a lawyer can give great advice and be a great help while you begin your new life.
A financial planner is also an essential person to talk to. They may help you make the decisions early on in your life to guarantee that you not have to work again. If you make wise investments with your lottery winnings, as opposed to spending it foolishly, you will truly be a lottery success story.
Concentrate on your dreams
Winning the lottery is something that most of us dream of doing. So now that you have won, what do you want to do with your winnings? Maybe you’ve always wanted to travel. This is now your chance to become a world traveler. Or even you have always regretted that you weren’t able to go to college. You have the opportunity to get that degree! Making a list of all your hopes and dreams will help you to locate the very best path to achieve them.
In addition, think beyond just things to buy. Sure a new car or dream home will be nice, but think more about lifestyle changes rather than new toys. Many people don’t love their jobs, but find it nice to possess a hobby to take up time. Your hobby can now become your full time profession, if you wish it. Being happy means spending your time doing the things you love.
Learn to say “No”
Whenever you make a big win at the lottery, you will hear from friends you have not spoken to in years. You will hear from cousins that you never knew existed. You may even hear from complete strangers! How did everyone find you all of a sudden?
Most state lotteries make their winners public. It’s in their terms of service that winners has to be ready to go public. They do this for a number of reasons. For one thing, it’s a great promotional device and it generates interest in the lottery. Additionally, it proves that the lottery is a fair draw and that there’s absolutely no cheating going on. The flip side of this really is that having their names made public puts a target on many lottery winners’ lives. As a new lottery winner, you shall have to discover ways to say “no” to the many requests which will be coming to you. If you have a hard time doing this, then you will be effortlessly taken benefit of, and pretty soon you’ll find your fortunes dwindling.
One alternative for those who might not be looking forward to a life of public scrutiny is to try their hand at online lotteries. The relative anonymity provided by winning online means that a big winner can still remain relatively anonymous. If you’ve always dreamed of having everything, but you would like to still live the life of a regular Joe, then you may want to try your hand at online gambling agency – just click the up coming internet site, lotteries.
Give some back to charity
Despite the fact that you are going to have to say “no” to a lot of greedy people trying to make use of you, you might discover that you are enthusiastic about giving back to charity. Many millionaires and billionaires have done great things with their donations, whether it be to hospitals, colleges, or other non-profit organizations. You can even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (In the event that you don’t have a regular job any more, or only work part-time resulting from winning the lottery, you may have a whole lot more free time for you to share and may discover that you enjoy volunteering tour time).
In the event that you do opt to give to charity, do your research first. You’ll need to find out what your interests are and just how you want to see your hard earned money spent, so make a list about which charities interest you. You can even research your favorite charities to determine where they spend their money, just how much of each gift they receive is used for charity, and other facts. These facts should help you decide on a couple of worthy charities.
