Once you have won a big prize from the lottery, you might feel that all the serious effort is performed. On the flip side, you would be quite wrong! There are plenty of documented cases of folks 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 an attorney or financial planner
Before going public with your lottery winnings, it’s a great idea to speak to an attorney and also a financial planer. Certain lawyers specialize in lottery winners and the way to best begin a wise life that can make the most of their winnings. Keep in mind, the ultra-rich (millionaires and billionaires) got that way by being wise with their cash. They have had their wealth for quite a while. You, then again, as a brand enquiry new lottery winner, are thrust into the role of ultra-wealthy, without the need of the years of experience that others may have had. This is why a lawyer can give great advice and be a great help while you begin your new life.
A financial planner is also a significant person to talk to. Also they can help you make the decisions early on in your life to guarantee that you never have to work again. If you make wise investments with your lottery winnings, in place of 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’ve won, what would you like to do with your winnings? Maybe you have always wanted to travel. This really is now your opportunity to be a world traveler. Or possibly you’ve always regretted that you were not able to go to college. You now have the chance to get that degree! Making a list of all of your hopes and dreams will help you to locate the most effective path to achieve them.
On top of that, think beyond just things to buy. Sure a whole new car or dream home will be nice, but think more about lifestyle changes rather than new toys. The majority of people do not love their jobs, but find it nice to have a hobby to take up time. Your hobby can now become your full-time career, if you wish it. Being happy means spending your time doing the things you love.
Learn how to say “No”
Whenever you make a big win at the lottery, you will hear from friends you haven’t spoken to in years. You will hear from cousins that you never knew existed. You might even hear from complete strangers! How did everybody find you all of a sudden?
Most state lotteries make their winners public. It’s within their terms of service that winners has to be prepared to go public. This is accomplished for a range of reasons. For one thing, it is a great promotional device and it generates interest in the lottery. It also proves that the lottery is a fair draw and that there is 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 whole new lottery winner, you may have to learn to say “no” to the many requests that will be coming to you. Should you have a hard time doing this, then you will be conveniently taken advantage of, and pretty soon you’ll find your fortunes dwindling.
One alternative for all those who may 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 implies that a big winner can still remain relatively anonymous. If you have always dreamed of having all of it, but you would like to still live the life of a regular Joe, then you may want to try your hand at online lotteries.
Give some back to charity
Despite the fact that you will have to say “no” to a whole lot of greedy people trying to make use of you, you could discover that you are considering giving back to charity. Many millionaires and billionaires have done great things with their donations, whether or not 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 anymore, or only work part time as a result of winning the lottery, you could have a great deal more free time to share and may discover that you enjoy volunteering tour time).
In the event you do decide to give to charity, do your research first. You’ll need to find out what your interests are and the way you’d like 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 cash, the amount of each gift they receive is used for charity, and other facts. These details should help you decide on several worthy charities.