Once you've won a big prize from the lottery, you might think that all the hard-work is performed. However, you'd be quite wrong! There are numerous 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 agent (try this site) curse" that seems to always make it to the front page of newspapers, below are some tips to help.
Get a lawyer or financial planner
Before going public with your lottery winnings, it is a great idea to talk to a lawyer as well as a financial planer. Certain lawyers focus on lottery winners as well as the way to best begin a wise life which will make the most of their winnings. Remember, the ultra-rich (millionaires and billionaires) got that way by being wise with their cash. They've had their wealth for an extended time. You, conversely, as a brand new lottery winner, are thrust in to the role of ultra-wealthy, without having the years of expertise that others may have had. This really is why an attorney can give great advice and be a great help when 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 within your life to ensure 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 a thing that most of us dream of doing. So now that you've won, what do you want to do with your winnings? Maybe you've always wanted to travel. This is now your opportunity to be a world traveler. Or even you've 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 discover the top 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 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"
When 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 could 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. 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 is absolutely no cheating going on. The flip side of this is that having their names made public puts a target on many lottery winners' lives. As a new lottery winner, you may have to discover ways to say "no" to the many requests that may be coming to you. If you have a hard time doing this, then you will be conveniently taken benefit from, and pretty soon you'll find your fortunes dwindling.
One alternative for anyone 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 means that a big winner can still remain relatively anonymous. If you have always dreamed of having it all, but you would like to still live the life of a regular Joe, you might want to try your hand at online lotteries.
Give some back to charity
Even though you certainly will have to say "no" to a lot of greedy people trying to take advantage of you, you could find that you are excited about 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 may even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (Should you not have a regular job any more, or only work part time resulting from winning the lottery, you might have a whole lot more free time to share and may see that you enjoy volunteering tour time).
In the event you do choose to give to charity, do your research first. You'll need to find out what your interests are and just how you would like to see your money spent, so make a list about which charities interest you. You may 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. This data should help you decide on a number of worthy charities.
Get a lawyer or financial planner
Before going public with your lottery winnings, it is a great idea to talk to a lawyer as well as a financial planer. Certain lawyers focus on lottery winners as well as the way to best begin a wise life which will make the most of their winnings. Remember, the ultra-rich (millionaires and billionaires) got that way by being wise with their cash. They've had their wealth for an extended time. You, conversely, as a brand new lottery winner, are thrust in to the role of ultra-wealthy, without having the years of expertise that others may have had. This really is why an attorney can give great advice and be a great help when 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 within your life to ensure 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 a thing that most of us dream of doing. So now that you've won, what do you want to do with your winnings? Maybe you've always wanted to travel. This is now your opportunity to be a world traveler. Or even you've 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 discover the top 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 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"When 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 could 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. 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 is absolutely no cheating going on. The flip side of this is that having their names made public puts a target on many lottery winners' lives. As a new lottery winner, you may have to discover ways to say "no" to the many requests that may be coming to you. If you have a hard time doing this, then you will be conveniently taken benefit from, and pretty soon you'll find your fortunes dwindling.
One alternative for anyone 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 means that a big winner can still remain relatively anonymous. If you have always dreamed of having it all, but you would like to still live the life of a regular Joe, you might want to try your hand at online lotteries.
Give some back to charity
Even though you certainly will have to say "no" to a lot of greedy people trying to take advantage of you, you could find that you are excited about 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 may even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (Should you not have a regular job any more, or only work part time resulting from winning the lottery, you might have a whole lot more free time to share and may see that you enjoy volunteering tour time).
In the event you do choose to give to charity, do your research first. You'll need to find out what your interests are and just how you would like to see your money spent, so make a list about which charities interest you. You may 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. This data should help you decide on a number of worthy charities.