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Once you have won a big prize from the lottery, you may feel that all the hard work is performed. On the contrary, you would be quite wrong! There are lots of documented cases of men and women 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 is a great idea to speak to a lawyer and also a financial planer. Certain lawyers focus on lottery winners as well as how to best begin a wise life that can make the most of their winnings. As always, 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 whole new lottery winner, are thrust into the role of ultra-wealthy, without having the years of expertise that others may have had. This is why a lawyer can give great advice and be a great help when you begin your new life.
A financial planner is additionally a vital person to talk to. 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, instead of spending it foolishly, you will truly be a trusted lottery dealer success story.
Focus on your dreams
Winning the lottery is one thing that most of us dream of doing. So now that you've won, what would you like to do with your winnings? Maybe you've always wanted to travel. This really is now your opportunity to be a world traveler. Or maybe you've always regretted that you weren't able to go to college. You now have the opportunity to get that degree! Making a list of all of your hopes and dreams may help you to find the top path to achieve them.
Furthermore, 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. Lots 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"
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 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 willing to go public. This is accomplished for a range of reasons. For one thing, it's really a great promotional device and it generates interest within the lottery. Additionally, it proves that the lottery is a fair draw and that there isn't any 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 may have to learn how to say "no" to the many requests which will be coming to you. Should you have a hard time doing this, then you will be effortlessly taken good thing about, and pretty soon you will find your fortunes dwindling.
One alternative for all 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'd 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
Despite the fact that you'll have to say "no" to a whole lot of greedy people trying to make use of you, you might find that you are enthusiastic 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 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 resulting from winning the lottery, you may have a lot more free time for you to share and may discover that you enjoy volunteering tour time).
Should you choose to give to charity, do your investigation first. You certainly will need to find out what your interests are and how 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, as well as other facts. These facts should help you decide on a couple of worthy charities.
Get a lawyer or financial planner
Before going public with your lottery winnings, it is a great idea to speak to a lawyer and also a financial planer. Certain lawyers focus on lottery winners as well as how to best begin a wise life that can make the most of their winnings. As always, 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 whole new lottery winner, are thrust into the role of ultra-wealthy, without having the years of expertise that others may have had. This is why a lawyer can give great advice and be a great help when you begin your new life.
A financial planner is additionally a vital person to talk to. 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, instead of spending it foolishly, you will truly be a trusted lottery dealer success story.
Focus on your dreams
Winning the lottery is one thing that most of us dream of doing. So now that you've won, what would you like to do with your winnings? Maybe you've always wanted to travel. This really is now your opportunity to be a world traveler. Or maybe you've always regretted that you weren't able to go to college. You now have the opportunity to get that degree! Making a list of all of your hopes and dreams may help you to find the top path to achieve them.
Furthermore, 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. Lots 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"
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 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 willing to go public. This is accomplished for a range of reasons. For one thing, it's really a great promotional device and it generates interest within the lottery. Additionally, it proves that the lottery is a fair draw and that there isn't any 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 may have to learn how to say "no" to the many requests which will be coming to you. Should you have a hard time doing this, then you will be effortlessly taken good thing about, and pretty soon you will find your fortunes dwindling.
One alternative for all 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'd 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
Despite the fact that you'll have to say "no" to a whole lot of greedy people trying to make use of you, you might find that you are enthusiastic 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 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 resulting from winning the lottery, you may have a lot more free time for you to share and may discover that you enjoy volunteering tour time).
Should you choose to give to charity, do your investigation first. You certainly will need to find out what your interests are and how 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, as well as other facts. These facts should help you decide on a couple of worthy charities.
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