Thursday, June 22, 2017

The oldest lottery that exists today


Lotteries have been in play for many years, in many different forms, but have you ever wondered where and when the first known lottery was? There is very little consolidated information on this, but if you are patient you can find interesting stories that share very old recorded lotteries.
It seems that the first recorded signs of a lottery were in China on keno slips between 205 and 187 BC, believed to have been created to finance the build of the Great Wall of China.


A lottery-like gambling game often played at modern casinos and also a game in some lotteries.

The first European Lottery recorded selling tickets was by the Roman Emperor, Augustus Caesar (27BC to 14 AD). The monies earned were used to fund repairs in the City of Rome, the prizes being articles rather than money.
Further research shows that the first recorded lotteries with prizes in the form of money were held in the coastal countries of Western Europe, consisting mainly of the Netherlands and Belgium (known as the Low Countries) during the 15th century. One recorded lottery was held in May 1445, in order to raise funds to build a wall and fund town repairs. The lottery sold 4304 tickets and the total prize money was the equivalent of approximately USD170,000. Lotteries were an easy method for governments to collect tax money.


To date the oldest running lottery is the Dutch lottery known as the Staatsloterij.
The Staatsloterij has been running since 1726. It started in The Hague, when the very first Netherlands Lottery was introduced by the Netherlands Parliament. During the first 100 years of its existence it changed names until the name Staatsloterij was settled on in 1848. Today this lottery is still in existence, and is very popular in the Netherlands with over half the population taking part in it. 60% of the income made from ticket sales is returned to customers in prize money and offers one of the best odds of winnings amongst lotteries with an average of 50% of players winning a prize. The Staatsloterij is a unique type of lottery as it is not a traditional jackpot draw type, but is a sweepstake type lottery much like that of the El Gordo in Spain (you can read more about El Gordo here). 

The Staatsloterij draws take place 14 times each year on the 10th of every month, with 2 additional draws on the 30th of April (Koninginnedagtrekking) and 31st of December (Oudejaarstrekking). The bare minimum jackpot prize offered is always 7.5million Euros. A player can choose to play for all the prizes including jackpot or all the prizes excluding the jackpot. Unlike most many lotteries worldwide that can be played online from anywhere in the world, the Staatsloterij can only be played by people living in the Netherlands. 

This however, does not mean that players outside the Netherlands cannot play any lottery within the Netherlands, as there is the Euro Jackpot that can be played by anyone. 
Go to to play the Euro Millions Lottery and many other lotteries around the world. 

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Wednesday, June 14, 2017

The Life of a Lottery Winner

Ever thought about what you would do if you hit the jackpot? 
Would you spend your winnings or invest them? 
Give some away or keep it for yourself? 

Whether it’s $1 million or $100 million, winning the lottery changes your life.  And while the stories of those who blew it all away are enough to put doubt in anyone’s mind, the experiences of those lucky individuals who have taken their winnings and transformed themselves are truly inspiring.

In a recent interview with Marie Claire, 2007 lottery winner Cynthia Stafford shared that money changes things…and fast. After winning over $112 million, she immediately decided to upgrade her home and car in order for her family to have a more comfortable and secure life. Cynthia had been working hard to support herself, her kids and her father for several years, and her big win brought the relief she had desired for a long time. She treated herself and her family to a few overseas trips and other luxuries, but her greatest investment was taking a business course in order to learn how to manage her new wealth. She believes you have to prepare yourself for wealth, and therefore worked together with financial advisors and lawyers to ensure she made investments and started businesses that would only grow her winnings. Today, she is the successful business woman and a thriving mom – a true example of what good lottery-winnings stewardship can bring.

Violet and Allen Large are two lottery winners whose story challenges not only every winner out there, but each of us individually. After winning $11.2 million in 2010, the generous couple, who were in their late 70s, ensured every one of their family members was secure, following which they donated the remainder of their winnings to charities and hospitals. They did not hold onto any of the winnings for themselves, as they believed “what you never had, you never miss”. Although Violet and Allen had retired in 1983, the believed that had a comfortable life and did not need the headache of dealing with such a large sum of money. Needless to say their chosen charities were very grateful for the couple’s philosophy!

Generosity with winnings is not just a recent trend. In 1993, the winner of $111 million, Les Robins, used a significant portion of his winnings to build a campsite for children. The former high school teacher was inspired by his own childhood memories of attending amazing Summer camps, and felt the need to provide the same opportunity for today’s children. Camp Winnegator has been in operation for the past 20 years, and had become one of the top campsites in America for kids. His newfound financial freedom has never held him back from ensuring today’s generation are given the best!

While the stories of lottery winners losing it all are true, those who have gone on to thrive are even more inspirational, to say the least. Winning big is possible and it shape you in ways you never dreamed. Be inspired. Be challenged. Whatever the investment or strategy, using your lottery winnings to transform your life and the lives of others is truly one of the most wonderful things to do. 

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Wednesday, June 07, 2017

Hitting the Jackpot – Is It Just Luck Of The Draw?

Winning the jackpot is every lottery players biggest dream, and while many have won their fair share of the grand prize, jackpot winners seem few and far between.  Some players win back the value of their lottery ticket, others a few hundred dollars that allow them to pay off a little debt. And then there are those lucky lottery players who beat the odds and walk away with millions! Was there method to their playing, or was it really just luck of the draw?

Meet Rosa Dominguez, a 19-year-old woman who won the lottery not once, but twice…in one week! Rosa was headed home to Arizona one weekend when she decided to stop and get refreshed at a gas station on route. Seeing the scratch cards on the counter, she thought it would be fun to give it a try. To her absolute shock and delight, her scratch card won her $100 000 instantly! As if that wasn’t enough, her stop at a local gas station in Paso Robles just a few days later would win her another $555 555. After never having played before, Rosa was certainly convinced that taking a chance to beat the odds was worth every penny.

Paul Gestrun, on the other hand, is a 71-year-old retiree who says playing the lottery is his hobby. Paul’s first big win of $100 000 was several years ago, after which he described feeling “thrilled beyond words!”. His strategy? Keep playing and put your winnings back in. Paul never imagined he would win anything again, but his strategy went on to win him another $1 million just a few years later! This time around, Paul says he was so shocked, he ended up needing an inhaler from gasping so much. Paul spent a share of his winnings on a new vehicle and did a few renovations to his home.

Two winners had some fun after jointly winning the lottery in May 2000. Joe and Sue Kainz from Illinois won their share of over $360 million after purchasing a ticket at a local store. Before coming forward as winners, Joe and Sue reportedly kept the media in their toes by driving back down to the local store and watching as reporters tried to figure out who they were. The couple used part of their winnings to pay off their debt and invest in their business. Joe and Sue put their win down to luck of the draw – and what a lucky draw it was!

One of the most heart-warming wins yet was that of the group affectionately dubbed the “Oceans 16”. 16 Co-workers at Ocean County Vehicle Maintenance jointly held one of three winning lottery tickets. The group had purchased the ticket with the hopes of using any winnings to restore what they and others had lost after suffering through Superstorm Sandy. Little did Oceans 16 realize they would hit the jackpot and walk away with a phenomenal $3,8 million each!

Some win a little, some win a lot. Whether it is luck of the draw, a stroke of fate or the result of a well-thought-out strategy, winning the lottery is not only possible, it is life changing. Persevere, take a chance – you never know what might happen! 

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Wednesday, May 31, 2017

How to get away with millions

You hear so many stories of how Lotto winners hit the jackpot and use their money wisely. 
However, statistics show that about 70% of lottery winners end up broke within 7 years and are faced with bankruptcy, jail time or worse, murder and suicide. There is no doubt that winning the lottery will change your life forever, so the big question is, how do you deal with it?
Would you do what any sane person would do? Tell everyone about your BIG WIN, and allow yourself to be interviewed and publicised, because who wouldn't want to become famous? Celebrate your big win by giving gifts to friends and family or help them out. As well as help out others who are in need, they'd be so grateful for it and you'd be their favorite person. 
You'd definitely make so many new friends and be able to buy yourself a new car and a house. Now that you're rich, you'd most likely quit your job. 
This, however, is not how you should deal with your winnings. This is also what most Lotto winners would do and have done in the past. 
This is what that 70% would have done. But here is what you should do.

The number one rule is, keep quiet. Try to keep your identity a secret and keep a low profile. Don't let people know that you have won and definitely don't boast about it, because publicity comes with winning the lottery, and so does jealousy. If people know you've won the lottery, then they know you have money. Many lotto winners have had jealous people, whether it be strangers, friends or even family, plotting against them, which is usually the cause of their downfall. 
For instance, Craigory Burch, Jr. He won nearly half a million dollars from a Georgia lottery in November 2015 and two months later, he was found dead in his home from gunshot wounds after a home invasion where the robbers demanded him to give them his money. 

Rule number two, think long term. Put the money aside for when you need it. You could save this money for your retirement or start an emergency fund to make sure that you never have to deal with debt or any other financial crisis. If you have children and/or grandchildren, set up a college fund for them so that they are guaranteed a great education. 

Click here for more info on what to do when you win the lottery in South Africa.
What many successful lotto winners have done in the past with their winnings is, starting off a new business. Mark Brudenell won the jackpot on the 22 February 1997, 4 years after his big win, he and his wife started their own business that has been successful for over 13 years.

For more practical tips on winning the lottery read here.
Learn to say No. Charities, friends, colleagues, acquaintances, family, and others, are bound to tell you their poverty stories and ask for some kind of financial help. They may put you on a guilt trip, and you can risk losing all your money. However, you need to remember that this is your win, your money. Don't let people dictate to you what you should do with it, unless it's a hired professional. Which leads to the last rule.
If you are not a tax attorney, a family planning attorney, or a licensed accountant, you most likely have no idea what's about to hit you. The best thing you can do is hire a professional to help you out with all this money you never had. It's not like you can't afford it!
As exciting or terrifying winning the lottery may be, you need to know that your life will change, and you would need to learn how to adjust to the change without changing who you are. However, to stand a chance at winning the lottery you need to be in the game. 
So maybe rule number one to getting away with millions would be ... "Buy a ticket".

Your chances of winning can be improved by playing lotteries from all over the world. Simply go to to increase the chances of you becoming a millionaire.

Read our previous article here: What to do when you win 

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