Once you have won a big prize from the lottery, you could think that all of the hard work is performed. Alternatively, you would be quite wrong! There are plenty of documented cases of men and women who have hit it big only to lose their fortunes through bad deals, unhealthy living, selfish acts, and other unfortunate events. So if you want to be a
lottery success story, and avoid the famous "lottery curse" that appears to always make it to the front page of newspapers, here are some tips to help.
Before going public with your lottery winnings, it's really a great idea to talk to an attorney and also a financial planer. Certain lawyers concentrate on lottery winners and how to best begin a wise life that can make the most of their winnings. Bear in mind, the ultra-rich (millionaires and billionaires) got that way by being wise with their money. They've had their wealth for many years. You, on the other hand, as a brand 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 really is why a lawyer can give great advice and be a great help when you begin your new life.
A financial planner can also be a vital person to speak to. Also they can help you make the decisions early on in your life to make certain that you never have to work again. If you make wise investments with your lottery winnings, rather than spending it foolishly, you will truly be a lottery success story.
Winning the lottery is one area 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 opportunity to be a world traveler. Or possibly you've always regretted that you weren't able to go to college. You now have the chance to get that degree! Making a number of all of your hopes and dreams will help you to locate the very best path to achieve them.
Also, 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. Most people do not 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.
When 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 could even hear from complete strangers! How did everyone find you all of a sudden?
Most state lotteries make their winners public. It's within their terms of service that winners must 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. It also proves that the lottery is a fair draw and that there's 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 will have to discover ways 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 effortlessly taken advantage of, and pretty soon you'll find your fortunes dwindling.
One alternative for 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 means that a big winner can still remain relatively anonymous. If you have always dreamed of having all of it, but you want to still live the life of a regular Joe, then you certainly may want to try your hand at online lotteries.
Despite the fact that you definitely will have to say "no" to a great deal of greedy people trying to make use of you, you might find that you are interested in giving back to charity. Many millionaires and billionaires have done great things with their donations, whether it be to hospitals, colleges, or any other non-profit organizations. You may even donate your time! Even though it sounds crazy, many millionaires and lottery winners do it. (If you don't have a regular job anymore, or only work part time as a result of winning the lottery, you might have a great deal more free time to share and may see that you enjoy volunteering tour time).
Should you decide to give to charity, do your investigation first. You are going to need to find out what your interests are and how you want to see your money spent, so make a list about which charities interest you. You can even research your favorite charities to view where they spend their cash, how much of each gift they receive is used for charity, as well as other facts. This data should help you decide on several worthy charities.