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Subscribe in a readerSaturday, January 30, 2016
What is the Powerball Lottery Jackpot for 2016-02-03? | $96 Million | It is a Rollover!
The jackpot for Powerball Lottery has rolled over and you can now play for a massive: $96 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
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Friday, January 29, 2016
What is the Mega Millions Lottery Jackpot for 2016-02-02? | $56 Million
The jackpot for Mega Millions Lottery has been won, the next jackpot is: $56 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
To Play Euro Lottery OnlineVisit our Euro Millions website at: www.playeuromillionsonline.com
To play New York Lottery onlineVisit our New York Lottery website at: www.nylotteryonline.net
To play Canada Lottery onlineVisit our Canada Lottery website at: www.canadalotteryonline.com
To play Irish Lottery onlineVisit our Irish Lottery website at: www.playirishlottery.com
To play UK Lotto onlineVisit our UK Lotto website at: www.playuklotto.com
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Subscribe in a readerWednesday, January 27, 2016
What is the Powerball Lottery Jackpot for 2016-01-30? | $75 Million
The jackpot for Powerball Lottery has been won, the next jackpot is: $75 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
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To play New York Lottery onlineVisit our New York Lottery website at: www.nylotteryonline.net
To play Canada Lottery onlineVisit our Canada Lottery website at: www.canadalotteryonline.com
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Subscribe in a readerIs a 26-year-old woman America's biggest ever single lottery winner?
Is a 26-year-old woman America's biggest ever single lottery winner?
Tiny Florida town stunned after $590m Powerball jackpot ticket is traced to this store
Speculation is growing that a 26-year-old Florida woman scooped the $590 million Powerball jackpot on Saturday
It has been confirmed that the winning ticket was bought in a Zephyrhills - population 13,337 - supermarket late last week
Will be offered a $371 million lump sum
Once the winner comes forward he or she will be named by Florida state law
Winning numbers are 10-13-14-22-52, with a Powerball of 11
Winner of record-breaking jackpot beat odds of 175million to one
The small town of Zephyrhills, Florida, is convulsed with speculation that a lucky 26-year-old woman is the owner of the winning Powerball ticket worth $590.5 million.
Under state law the mystery winner's name will be made public imminently after they beats odds of 175 million in purchasing the winning ticket at a Publix supermarket in the town of 13,337 people just days before Saturday's mega draw.
Their life changed forever, the winner is currently deciding whether to take the annuity or lump sum, which will work out to $370,896,780.54 - or $278 million after the federal government takes its share.
If it is confirmed to be a sole winner it will be the biggest personal jackpot winning in U.S. history if they are not part of a syndicate.
Speculation in Zephyrhills has reached feverish levels of speculation as the residents prepare to discover who among them has become the nations latest multi-millionaire.
'Who ever it is, I will be glad to see if we know them or anything like that,' said Brian Miller, according to ABC News Radio.
'I can't believe it. It's shocking,' said Sara Jeltis to ABC News Radio. 'Out of the whole country, this Publix in little Zephyrhills would be the winner.'
It's an amount too high for many to imagine. Compare it to the budget for the city of Zephyrhills: This year's figure is just more than $49 million. The winning Powerball jackpot is 12 times that.
The as-yet unnamed winner is believed to have come forward yesterday and now has 60 days to decide whether she wants to take the incredible windfall in one go or in 30 annual instalments of about £13million each.
And Florida has no state income tax, so if the winner lives there — and wasn’t just in town for Zephyrhills’ popular skydiving tours — he or she will save millions more.
Publix spokeswoman Maria Brous said there are a lot of rumors about who won, but the store doesn't know. 'We're excited for the winner or winners,' she said.
Gary Cooper, of Zephyrhills, told ABC News he 'heard' that a 26-year-old woman had the winning ticket.
The lucky ticket was bought sometime Saturday or earlier at a Publix supermarket in Zephyrhills, a city of about 13,000 people best known around the state for its brand of spring water with the same name.
The town was also home to notorious radiologist Carl Tanzler, who developed a morbid obsession for a young Cuban American tuberculosis patient, Elena Milagro de Hoyos
You too can play the lotto online: www.sun7lottery.com
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Tiny Florida town stunned after $590m Powerball jackpot ticket is traced to this store
Speculation is growing that a 26-year-old Florida woman scooped the $590 million Powerball jackpot on Saturday
It has been confirmed that the winning ticket was bought in a Zephyrhills - population 13,337 - supermarket late last week
Will be offered a $371 million lump sum
Once the winner comes forward he or she will be named by Florida state law
Winning numbers are 10-13-14-22-52, with a Powerball of 11
Winner of record-breaking jackpot beat odds of 175million to one
The small town of Zephyrhills, Florida, is convulsed with speculation that a lucky 26-year-old woman is the owner of the winning Powerball ticket worth $590.5 million.
Under state law the mystery winner's name will be made public imminently after they beats odds of 175 million in purchasing the winning ticket at a Publix supermarket in the town of 13,337 people just days before Saturday's mega draw.
Their life changed forever, the winner is currently deciding whether to take the annuity or lump sum, which will work out to $370,896,780.54 - or $278 million after the federal government takes its share.
If it is confirmed to be a sole winner it will be the biggest personal jackpot winning in U.S. history if they are not part of a syndicate.
Speculation in Zephyrhills has reached feverish levels of speculation as the residents prepare to discover who among them has become the nations latest multi-millionaire.
'Who ever it is, I will be glad to see if we know them or anything like that,' said Brian Miller, according to ABC News Radio.
'I can't believe it. It's shocking,' said Sara Jeltis to ABC News Radio. 'Out of the whole country, this Publix in little Zephyrhills would be the winner.'
It's an amount too high for many to imagine. Compare it to the budget for the city of Zephyrhills: This year's figure is just more than $49 million. The winning Powerball jackpot is 12 times that.
The as-yet unnamed winner is believed to have come forward yesterday and now has 60 days to decide whether she wants to take the incredible windfall in one go or in 30 annual instalments of about £13million each.
And Florida has no state income tax, so if the winner lives there — and wasn’t just in town for Zephyrhills’ popular skydiving tours — he or she will save millions more.
Publix spokeswoman Maria Brous said there are a lot of rumors about who won, but the store doesn't know. 'We're excited for the winner or winners,' she said.
Gary Cooper, of Zephyrhills, told ABC News he 'heard' that a 26-year-old woman had the winning ticket.
The lucky ticket was bought sometime Saturday or earlier at a Publix supermarket in Zephyrhills, a city of about 13,000 people best known around the state for its brand of spring water with the same name.
The town was also home to notorious radiologist Carl Tanzler, who developed a morbid obsession for a young Cuban American tuberculosis patient, Elena Milagro de Hoyos
You too can play the lotto online: www.sun7lottery.com
Subscribe in a readerBritains Youngest Lottery Winner
When Jane Park was 17-years-old she became Britain's youngest lottery winner. Jane, from Edinburgh, scooped a massive £1 million jackpot on the Euromillions and splashed out on designer handbags, a three-bedroom house, breast implants, a lavish 18th birthday party with a pink ball gown and tiara and several holidays.
And it appears the young winner has her head screwed on right when she told presenters:
‘It’s brought me so many opportunities. I don’t regret it.'
'It’s never going to change me. I would rather sit in economy than premium.’
In 1998, 16 year old Tracey Makin won 1 million euros playing the Lucky Dip lottery game in Belfast Ireland, which converts to about $1.2 million. The supermarket worker at the time initially believed she’d won 10 euros but was absolutely floored when it was confirmed that she’d won big. The ticket was only the third one she’d purchased in her life. Tracey describes the moment by saying: “A woman asked me for a print-out of Wednesday’s numbers. I had a look at them and I thought I might have won a tenner. I printed it off and checked my ticket in the back of the store and realized I had five numbers. My heart was racing and I thought, ‘Oh my God. I’ll never need to work again’. When I checked it again I had six numbers and I called the phone line. The man on the other end told me to sit down and told me how much I had won.” Now holding an office job 14 years later, Tracey tied up most of her winnings in investments, and credits her parents for helping her use the money wisely.
We like a wise lottery winner! We belive that winning a large sum of money is only part of the deal, the main part is retaining it and making it work for you.
Tracey, you are our favourite winner!
If you wish to play the lottery, why not have a spin on: www.sun7lottery.com
Subscribe in a readerFukashima lottery - a sad tale from Japan
TOKYO — After a month of misfortune, Miwako Ikema finally had some luck.
Out of 700 applicants, she and about 100 others who fled homes near the stricken nuclear power plant in northeast Japan won one of the many lotteries that decide who gets a proper room and who gets left in cold, crowded evacuation centers.
Her prize: private accommodations in the five-star Akasaka Prince Hotel, courtesy of the Tokyo city government.
“We couldn’t really sleep before,” Mrs. Ikema said in an interview, referring to her stays in a series of shelters.
“There were so many crying babies, and people moving around and talking all night. We are lucky to stay here, at least for now. But I want to go home as soon as it is safe to do so.”
In the posh lobby of the Akasaka Prince, not all lottery winners were happy. Farmers who have lived their whole lives on ancestral lands in rural Fukushima now wandered around seemingly disoriented and homesick.
“This is nice, but I don’t really want to be here,” said Yutaka Takahashi, 63, a rice farmer from Nakoso village near the Fukushima nuclear power plant. “I was also growing strawberries, garlic and corn. I need to get back and water my crops.”
Mrs. Ikema and her teen-age daughter share a room on the 17th floor. Her room has a television, hot running water and a view of the Tokyo expressway.
The Tokyo government also provides them with free cafeteria meals, and volunteers help them find information about schools and job centers.
In another lottery, about 100 survivors — out of 1,160 applicants — moved this week into 36 well-equipped temporary units outside an evacuation shelter at a junior high school above Rikuzen-Takata in northeastern Japan.
Hiroshi Kameyama, mayor of the town of Ishinomaki, told reporters last week that in another lottery 3,145 households applied for 137 temporary homes under construction. Small numbers of temporary shelters are also under construction in other areas of Iwate, Miyagi and Fukushima provinces, all areas devastated by the March 11 earthquake and tsunami.
More than a month after the disaster, the Japanese government is only now starting to put together a supplementary budget of $6 billion to build about 70,000 temporary homes for an estimated 200,000 survivors living in shelters, plus large numbers of evacuees staying with friends or relatives.
At the Akasaka hotel, Mrs. Ikema talked of the stress of trying to rebuild their lives. Many of the 70,000 residents of her town of Minami-Soma have been relocated throughout Japan.
Her neighbors who survived a tsunami that obliterated nearly everything in the city for 6 miles have not been able to return to look for missing relatives amid untouched debris of wrecked cars and demolished buildings.
“I want to go back to get things,” said Mrs. Ikema, who fled by automobile, with only three changes of clothing, after a second explosion at the nuclear plant, about 15 miles south of her home.
“People who still have homes intact there want to go back. Some of our husbands are working there to make money we need to survive. But nobody wants to take their kids near there. It’s too dangerous, especially if it rains.”
Still, more than half of the city’s residents have left, and many of them are now staying at the Akasaka Prince Hotel.
Mrs. Ikema said she is afraid it might be months, even years, before she will ever see Minami-Soma again. She is also suspicious of the information from the government.
“Nobody believes the news,” she said. “We wonder what truth they are hiding.”
You can play the lottery online: www.sun7lottery.com
Can you believe it ? Dubai Lottery!
Did you know Dubai has a Duty Free lottery? And when you are next changing flights in Dubai, you can buy a ticket!
Here is a story about someone who won:
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Here is a story about someone who won:
As Dubai Duty Free is heading to its busy period, the operation continues to bring luck to the avid fans of its popular Millennium Millionaire promotion by announcing two lucky dollar millionaires in Series 208 and Series 209 which were drawn today in Terminal 1 - Concourse C.
First up was Mr. Noushad Mohammed Usman, a Dubai-based Indian national who has been trying for years before he finally stuck gold in the Dubai Duty Free Millennium Millionaire promotion. The news reached the lucky winner while on holiday in his home city, Edavanna, India.
A forty-seven-year-old owner of a restaurant business in Dubai, Mr. Usman and his family are arranging their return trips to Dubai now to visit Dubai Duty Free and receive the cheque for the much-awaited prize. Mr. Usman’s lucky ticket was no. 1635 in Series 208.
Another dollar millionaire announced today was Mr. Ali Al Suhaibani, a Saudi national from Dhahran who was overwhelmed to hear the news of his amazing win.
Mr. Suhaibani, a forty-eight-year-old electrical engineer by profession won the Millennium Millionaire promotion in Series 209 with ticket no. 2216. Commenting on his stroke of luck Mr. Suhaibani said: ‘It is a very emotional moment for me and my family. I am a regular participant of the Millennium Millionaire promotion and thrilled that I finally got the lucky ticket!’
A presentation was made directly after the draw to Millennium Millionaire winner in Series 207, Mr. Thushara De Silva, a Sri Lankan national living in Mombasa, Kenya. Mr. De Silva, a co-owner of a tea business in Kenya took some time off and flew into Dubai to meet the Dubai Duty Free team and receive his million dollar cheque.
‘The day I received a call from Dubai Duty Free I couldn’t believe that it was real. I have been participating in the Millennium Millionaire since the first draw and never lose a chance to buy a ticket whenever I travel via Dubai.
‘I’m excited to meet the Dubai Duty Free team and would like to thank them for this opportunity they have been given to the participants to win US$1 million in prize money.’
Two more winners were unveiled today in the Finest Surprise Promotion, one of the longest running duty free promotions in the world.
Mr. Ziad Elchehabi, an American national living in Houston won a sporty Porsche 911 Carrera Coupe in Series 1613 with ticket no. 1087 while a Japanese national, Unoki Mio from Machida-shi, Tokyo won a Ducati Monster 821 Stripe Special in Series 274 with ticket no. 0727.
The Millennium Millionaire and Finest Surprise draw and presentation were conducted by Colm McLoughlin, Executive Vice Chairman of Dubai Duty Free, Ramesh Cidambi, Senior Vice President - IT & Logistics, Sinead El Sibai, Vice President – Marketing and Nic Bruwer, Vice President – Human Resources in the presence of the passengers and staff in Concourse C, Dubai International Airport.
You can play the lottery online: www.sun7lottery.com
Subscribe in a readerDesperation to win lottery cost him R10,000
We cannot blame him for doing it, anyone in his situation would likely have done the same...
Who has not dreamt of winning the lottery? Most of us "normal" people have. We imagine the sudden epiphany that we never have to work again. AND then the spending starts! We imagine what we would buy and in what order. A fast car, a boat, a mansion on the hill. But it does not stop there, we even imagine giving away some of our good fortune to charity or doing a good deed like building a school or fixing the church roof. While each of our dreams are different the basic premise of our dreams are the same.
Now one such unlucky man took trying to win the lottery to the extreme. Rather then relying on good old fashioned "good luck" he procured the help from a sangoma! And sadly this cost him R10,000 and his car...
Who has not dreamt of winning the lottery? Most of us "normal" people have. We imagine the sudden epiphany that we never have to work again. AND then the spending starts! We imagine what we would buy and in what order. A fast car, a boat, a mansion on the hill. But it does not stop there, we even imagine giving away some of our good fortune to charity or doing a good deed like building a school or fixing the church roof. While each of our dreams are different the basic premise of our dreams are the same.
Now one such unlucky man took trying to win the lottery to the extreme. Rather then relying on good old fashioned "good luck" he procured the help from a sangoma! And sadly this cost him R10,000 and his car...
I am sure you have seen the adverts on the bus or tacked to the back of a stop sign! Call Doctor <enter name here> who will use his professional powers to: Win back your wife, cure your impotence, pay your bills, and in this case "Win the Lottery". Now who in their right mind would not seek some guidance in winning the lottery from a professional?
Clearly one did. He told the "Doctor" that he was desperate, he had lost his job, lost his house and was currently living in his car.
Clearly one did. He told the "Doctor" that he was desperate, he had lost his job, lost his house and was currently living in his car.
His first two visits to the Doctor were to tell him what his problems were which cost him R350. That in itself is a substantial amount if you do not have two cents to rub together. He was then asked to choose his lucky lottery numbers (after some vigorous bone throwing) for the upcoming lottery and to no ones surprise (except the Doctors of course) he did not win it.
But the good old Doctor who had this scam worked out to a fine art, did not bat an eyelid after listening to the mans complaints.
But the good old Doctor who had this scam worked out to a fine art, did not bat an eyelid after listening to the mans complaints.
The sly Doctor simply change his strategy telling him that his ancestors had left him a fortune of R1.5million hidden away somewhere nearby. The only way he could access this fortune was by donating something to the Doctor. Now any reasonable man would have donated something small, a few rand, maybe a watch but not our man, he decided to donate is last remaining possession, his car.
So now, after giving his car away, this man has no choice but to live on the street. And although it is too late, he has finally come to the conclusion that he was scammed.
I am not sure what makes people believe such nonsense. You would imagine reading the story above and putting it down as a fairy tale. But it is a true story, and each year there are thousands of people who are scammed in this and similar ways.
Why dont you change your fortune and play online at: www.sun7lottery.com
I am not sure what makes people believe such nonsense. You would imagine reading the story above and putting it down as a fairy tale. But it is a true story, and each year there are thousands of people who are scammed in this and similar ways.
Why dont you change your fortune and play online at: www.sun7lottery.com
Tuesday, January 26, 2016
What is the Mega Millions Lottery Jackpot for 2016-01-29? | $48 Million
The jackpot for Mega Millions Lottery has been won, the next jackpot is: $48 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
To Play Euro Lottery OnlineVisit our Euro Millions website at: www.playeuromillionsonline.com
To play New York Lottery onlineVisit our New York Lottery website at: www.nylotteryonline.net
To play Canada Lottery onlineVisit our Canada Lottery website at: www.canadalotteryonline.com
To play Irish Lottery onlineVisit our Irish Lottery website at: www.playirishlottery.com
To play UK Lotto onlineVisit our UK Lotto website at: www.playuklotto.com
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Subscribe in a readerSaturday, January 23, 2016
What is the Powerball Lottery Jackpot for 2016-01-27? | $60 Million
The jackpot for Powerball Lottery has been won, the next jackpot is: $60 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
To Play Euro Lottery OnlineVisit our Euro Millions website at: www.playeuromillionsonline.com
To play New York Lottery onlineVisit our New York Lottery website at: www.nylotteryonline.net
To play Canada Lottery onlineVisit our Canada Lottery website at: www.canadalotteryonline.com
To play Irish Lottery onlineVisit our Irish Lottery website at: www.playirishlottery.com
To play UK Lotto onlineVisit our UK Lotto website at: www.playuklotto.com
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To play Irish Lottery online
To play UK Lotto online
Subscribe in a readerWhat is the Mega Millions Lottery Jackpot for 2016-01-26? | $39 Million
The jackpot for Mega Millions Lottery has been won, the next jackpot is: $39 Million!
To play the powerball lottery onlineVisit our Powerball website at: www.playpowerball.net
To play Megamillions onlineVisit our Mega Millions website at: www.playmegamillions.net
To Play Euro Lottery OnlineVisit our Euro Millions website at: www.playeuromillionsonline.com
To play New York Lottery onlineVisit our New York Lottery website at: www.nylotteryonline.net
To play Canada Lottery onlineVisit our Canada Lottery website at: www.canadalotteryonline.com
To play Irish Lottery onlineVisit our Irish Lottery website at: www.playirishlottery.com
To play UK Lotto onlineVisit our UK Lotto website at: www.playuklotto.com
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Subscribe in a readerThursday, January 21, 2016
5 lotto winners who (quickly) lost it all
After blowing all their winnings, these ‘winners’ ended up being even more poor than they were before hitting the jackpot.
Week after week people all over the world buy lottery tickets in the hope of winning millions.
Just think about all the things you could do with that money: quit your job; buy your dream house, go anywhere in the world…
But as it turns out, winning the lottery doesn’t always make your dreams come true - as these 5 poor souls discovered.
They won millions. They lived out their dreams. And then they lost it due to poor planning, jealousy and sometimes, downright stupidity.
Here are some of the biggest losers in the lottery’s history:
1. Callie Rogers
Country: UK
Won: £1.9 million (R33 million)
Reason for losing it all: buying too much stuff
Callie Rogers is a prime example as to why the lottery has an age restriction. She won the United Kingdom lottery in 2003 when she was just 16-years-old. Rather than putting the money away for university, Callie decided to blow it all.
Gawker reported that she spent most of her money buying gifts for family and friends, partying up a storm and impressing her washout of a boyfriend.
She ended up in debt and said that winning the lottery ruined her life.
2. Denise Rossi
Country: USA
Won: $1.3 million (R15 million)
Reason for losing it all: forced to give it to her husband
Karma bit Denise right in the butt after she tried to pull a fast one on her husband. According to Business Insider, after she won the lottery, she divorced her husband without a reason and without telling him about the money she won. Two years later her husband found out about her win and sued Denise for not disclosing it is the divorce. The judge made Denise give all her winnings to her ex. Bummer.
3. Gerald Muswagon
Country: Canada
Won: $10 million (R119 million)
Reason for losing it all: parties and drugs
Instead of investing some of his money, Gerald spent all his winnings on: buying a big house (where he threw lavish parties), buying vanity items and on a small business, which quickly failed. My first class life states that he eventually went back to work, after going broke and slapped with multiple charges of assault and drunk driving. Sadly he hung himself 17 years after he won.
4. Michael Carroll
Country: UK
Won: £9.7 million (R173 million)
Reason for losing it all: too many hookers
Michael was forced to return to his job as a garbage collector, after he spent years living a rock star life of sex, drugs and rock 'n roll. According to the Mail Online, he spent most of his money on parties and cocaine. After his wife left him, he turned to prostitutes, claiming to sleep with over 2000 prostitutes in a 8 year period, i.e. 4 each day.
5. Evelyn Adams
Country: USA
Won: $5.4 million (R645 million)
Reason for losing it all: gambling
Many people are lucky to win the lotto once. Evelyn won it twice - once in 1985 and again in 1986 - winning a total of R645 million. Sadly she gambled it all away according to Askmen. Now she lives in a trailer. Shame didn’t anyone tell Evelyn that once you win the jackpot you don’t have to gamble anymore?
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Week after week people all over the world buy lottery tickets in the hope of winning millions.
Just think about all the things you could do with that money: quit your job; buy your dream house, go anywhere in the world…
But as it turns out, winning the lottery doesn’t always make your dreams come true - as these 5 poor souls discovered.
They won millions. They lived out their dreams. And then they lost it due to poor planning, jealousy and sometimes, downright stupidity.
Here are some of the biggest losers in the lottery’s history:
1. Callie Rogers
Country: UK
Won: £1.9 million (R33 million)
Reason for losing it all: buying too much stuff
Callie Rogers is a prime example as to why the lottery has an age restriction. She won the United Kingdom lottery in 2003 when she was just 16-years-old. Rather than putting the money away for university, Callie decided to blow it all.
Gawker reported that she spent most of her money buying gifts for family and friends, partying up a storm and impressing her washout of a boyfriend.
She ended up in debt and said that winning the lottery ruined her life.
2. Denise Rossi
Country: USA
Won: $1.3 million (R15 million)
Reason for losing it all: forced to give it to her husband
Karma bit Denise right in the butt after she tried to pull a fast one on her husband. According to Business Insider, after she won the lottery, she divorced her husband without a reason and without telling him about the money she won. Two years later her husband found out about her win and sued Denise for not disclosing it is the divorce. The judge made Denise give all her winnings to her ex. Bummer.
3. Gerald Muswagon
Country: Canada
Won: $10 million (R119 million)
Reason for losing it all: parties and drugs
Instead of investing some of his money, Gerald spent all his winnings on: buying a big house (where he threw lavish parties), buying vanity items and on a small business, which quickly failed. My first class life states that he eventually went back to work, after going broke and slapped with multiple charges of assault and drunk driving. Sadly he hung himself 17 years after he won.
4. Michael Carroll
Country: UK
Won: £9.7 million (R173 million)
Reason for losing it all: too many hookers
Michael was forced to return to his job as a garbage collector, after he spent years living a rock star life of sex, drugs and rock 'n roll. According to the Mail Online, he spent most of his money on parties and cocaine. After his wife left him, he turned to prostitutes, claiming to sleep with over 2000 prostitutes in a 8 year period, i.e. 4 each day.
5. Evelyn Adams
Country: USA
Won: $5.4 million (R645 million)
Reason for losing it all: gambling
Many people are lucky to win the lotto once. Evelyn won it twice - once in 1985 and again in 1986 - winning a total of R645 million. Sadly she gambled it all away according to Askmen. Now she lives in a trailer. Shame didn’t anyone tell Evelyn that once you win the jackpot you don’t have to gamble anymore?
Subscribe in a readerWhat to do if you win the lottery?
Over the last few weeks there have been some big winners in the national lottery with two lucky people sharing a jackpot of nearly R60m. I have met a few lotto winners over the years and most of them have sad stories to tell about their “good forutne”.
In the USA, nearly 70% of the people who win massive lotteries are broke within seven years and I expect South African winners have the same experience. Sadly, there are real risks involved in winning the big one. Suicides, murders, drug addiction and divorces are common themes in the stories of these previously ordinary people whose lives were ruined by big jackpots. So my first piece of advice to a big winner is, DON’T TELL PEOPLE!
Take things slowly
Take two or three months to think about what you are going to do, before you do anything with your winnings. If possible speak to people who are wealthy and find out how they live their lives. You can learn a lot from other people’s experiences so that you don’t repeat their mistakes.
Get used to the idea of being wealthy and try to plan your life ahead before you start splurging. Don’t quit your job immediately as this is a sure sign to all your friends and family that your life has changed. If you really hate your job or your boss, try to develop a plan for what you are going to do with your time before telling the boss where to go.
It will seem strange to most but the combination of real wealth and boredom is very dangerous. Remember that that there is no rush to do anything with your money, it is not going to disappear if you take a few months to start making investment decisions.
Stick to things you know
The fact that you have been lucky enough to win the lotto does not mean you have suddenly become an expert investor or business owner.
When you have large sums to invest, it will not take long for people to offer you opportunities to buy into private businesses, buildings or property developments. These are the situations where you should exercise extreme caution.
If you are interested in becoming an entrepreneur, make use of experts who are paid to advise you properly rather than commission earning agents who want to sell you something. More importantly, take all the time necessary to arm yourself with information so that you can protect yourself from bad investment decisions.
Your action plan
I realise that if you have won a large amount of money, it will be impossible to convince you not to spend some of it. So, give yourself a spending budget, for example if you have won R50m, you could allocate R10m to discretionary spending. Here are some examples of sensible examples of how to spend this money:
· Pay off all debt including home loans;
· Pay off debts for children or parents – if you want to share your good fortune with them
· Buy another home if desired; and
· Buy assets that have a long history of appreciating in value.
Try not to
· Spend millions on expensive cars, they will cost a fortune to insure and they will lose value rapidly; and
· Donate lump sums to family and friends. Rather give them a source of monthly income that continues for the remainder of their lives. History has repeatedly shown that very few people can handle the swift transition from relative poverty to instant wealth.
Create a cash safety net
Set up an emergency fund that equates to six months’ of expenses which should be used to cover unforeseen expenses only.
Create an income generating asset base
If you want to ensure that you can live off your remaining capital for the rest of your life, you will need to invest it so that you can earn a sustainable income from your capital. This income will also need to increase with inflation so you be careful about how much you spend relative to the value of your remaining assets.
Try to draw a maximum of 4% per year from your capital (e.g. 4% of R40m) as an annual income. If your capital is invested in a diversified portfolio of shares, bonds and property, it should continue to grow by more than inflation even after the effect of your income withdrawals. You should invest a minimum of 60% of your capital in productive assets such as shares and commercial or listed property.
An annual income of 4% of R40m equates to R133,333 per month. From this money you will need to pay income tax and provide for any friends, family and charities so don’t plan to spend it all on yourself. Try to draw a smaller percentage in the beginning so that you give you get used to your new lifetsyle gradually.
Get an estate plan
There are many examples of winners of large jackpots being ripped off by family members who wanted their share of the pie. This may sound like the plot of a bad movie but this has happened on numerous occasions in the past. In order to prevent this temptation, ensure that you have a proper will that specifies where the money will go on your death. I would also seriously consider starting a Trust.
If, on your death, your assets are left to a trust managed by independent trustees, there is little point in crazy relatives ending your life prematurely. There will also be little chance for them to squabble over your money like the greedy grandchildren of a certain famous man we all love.
If you feel that the burden of managing this money is too much to deal with, you could consider placing the money in a trust immediately and then appoint professional independent trustees to look after your interests for you. This is an option that is used by many very wealthy people around the world. Just make sure that you have the right mix of trustees who are paid in the right way.
As an example, I prefer one accountant, one lawyer and one independent investment expert. More importantly all of them are paid a fixed monthly fee and they cannot earn any money directly or indirectly from the capital of the trust. This tends to keep everyone honest and focussed on their jobs.
In summary, I think that it is nearly impossible for people to adapt to becoming instantly wealthy, especially those who have not had much experience with wealth. Those who are best able to cope, are usually not motivated by material wealth. I think that our lotto should follow the American example where winners are not given all the money at once but are paid an annual amount for a long period of time. For example, if you win a R50m lotto, then you are paid R1m per year for 50 years. This gives you time to get used to the idea of being wealthy and limits your ability to make catastrophic mistakes with all your wealth.
*Warren Ingram is a director at Galileo Capital.
SOURCE: MONEY WEB
Subscribe in a readerSouth Africa - POWERBALL R69M JACKPOT WINNER COMES FORWARD TO CLAIM PRIZE
A 29 year old Western Cape man has come forward to claim his R69 Million Powerball jackpot prize. The father of one is still in a world of shock after becoming an instant millionaire with this massive win.
The weekly Powerball ticket buyer spent R21 on his ticket and says that he chose the numbers at random.
The day after the Tuesday night draw, the man went to his local retailer to check the winning numbers. After he took down the winning Powerball numbers, he quietly went back to his car so that he could go through the numbers and compare them with his ticket in private.
Once he realised he had won, he phoned his wife immediately, although, he still didn’t believe his luck; “I am overwhelmed by shock” he says.
The 29 year old has been welcomed in to the club of millionaires, tells National Lottery spokesperson Thembi Tulwana.
Tulwana goes on to say that it is not always easy for some people to come to terms with their instant wealth but is content in the knowledge that the man will be investing into a small business of his own to ensure the money is used wisely, despite the fact that he can afford just about anything he wants now!
The winner also has a passion for charity work and plans to donate a portion of his win to various charity organisations but he is still in discussions with his wife over this, “We are already involved in some charity work, so it is a matter on deciding how to go about it,” he said.
Since its launch in October in 2010, this is the second biggest jackpot win for South Africa’s Powerball. The biggest Powerball jackpot of R91M was won in February this year by a Western Cape mother of two.
SOURCE: LOTTONUMBERS.CO.ZA
Plan online: www.sun7lottery.com
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The weekly Powerball ticket buyer spent R21 on his ticket and says that he chose the numbers at random.
The day after the Tuesday night draw, the man went to his local retailer to check the winning numbers. After he took down the winning Powerball numbers, he quietly went back to his car so that he could go through the numbers and compare them with his ticket in private.
Once he realised he had won, he phoned his wife immediately, although, he still didn’t believe his luck; “I am overwhelmed by shock” he says.
The 29 year old has been welcomed in to the club of millionaires, tells National Lottery spokesperson Thembi Tulwana.
Tulwana goes on to say that it is not always easy for some people to come to terms with their instant wealth but is content in the knowledge that the man will be investing into a small business of his own to ensure the money is used wisely, despite the fact that he can afford just about anything he wants now!
The winner also has a passion for charity work and plans to donate a portion of his win to various charity organisations but he is still in discussions with his wife over this, “We are already involved in some charity work, so it is a matter on deciding how to go about it,” he said.
Since its launch in October in 2010, this is the second biggest jackpot win for South Africa’s Powerball. The biggest Powerball jackpot of R91M was won in February this year by a Western Cape mother of two.
SOURCE: LOTTONUMBERS.CO.ZA
Plan online: www.sun7lottery.com
Subscribe in a readerHOW TO HANDLE WINNING THE LOTTO IN SOUTH AFRICA
HOW TO HANDLE WINNING THE LOTTO
What would you do if you won the lottery? The million dollar (or multimillion dollar in some cases) question. I think we have all at some stage in our lives day dreamed about what we would do if we won the big jackpot. It’s a somewhat invincible feeling to dream about.
But what would you really do? If the situation did come to reality and one day you were holding the Jackpot winning ticket in your hand, what are the practical things that you would need to do?
Here is a list of ten things that you should keep in mind, just in case you find yourself holding that million dollar ticket.
1. Keep the ticket safe
o This is the absolute very first thing that you need to do. Keep your winning ticket safe, place it in a plastic zip bag or similar to ensure it is safe from spills or anything that could damage it. Put in a safe or lockable storage space and if you can’t get your ticket to the lottery commission office straight away, get to a bank and open a safe deposit box for the ticket until you can claim your winnings.
2. Go claim your win!
o I almost missed this step, but it should go without saying, GO AND CLAIM YOUR MILLIONS! Head to the lottery commissions office with your ticket within the specified time period, with any supporting documents such as your ID to claim your win.
3. Open a new account at the bank
o Even though we all want that giant cheque with the multiple 0’s to hand to a teller at the bank, the reality is that today – the money is transferred electronically. You will need to check with your bank to ensure that you’re bank account is the right one to handle such a huge deposit or if you need to open a special account for your win.
4. One lump sum or annual payments?
o This comes down to personal preference. Straight up, it would appear to be better to take the annual payment option as this pays out significantly more over the lump sum option but if you are smart and invest wisely; then the upfront lump sum payment can work out to be a better option. But, do you think you know how to invest wisely?
5. What about your job?
o Would you really quit your job if you won the lottery? Well, then again, why wouldn’t you?! Some people quit their jobs on the spot and never return, others vow that they will never give up work and continue to work in their 9-5 job, just because they love it! Or perhaps another option is to use the money to allow yourself to re-train and get yourself that dream job.
6. Find professionals that you can trust.
o With big lottery wins, you may need to get yourself a good lawyer, accountant as well as a financial advisor. Make sure you research who you go to and seek referrals from friends and family, don’t just ‘Google’ this one.
7. Change your phone number!
o You would be surprised at how many random people from your past including family members who seemed to have disappeared can come out of the woodwork and feel that they have some sort of rights to your lotto win. With a new number, you can more easily control who has the ability to contact you.
8. Go on a long holiday
o Despite the fact that you now can as you have the money and may have quit your job, so you probably have the time. But the time out of the public eye will make it easier to adjust without the added pressure of the press and other people hounding you.
9. Relax and don’t take any pressure
o People will pressure you and try to advise you with what to do with your new fortune. Be assertive and only share your winnings with people you can trust and if you like to charities or organisations that are important to you.
10. Go on, have a splurge
o Ok, it is important to be practical and invest your winnings wisely so as to make the most of this massive win, but hey, you’re a millionaire, a lotto winner – go buy yourself something luxurious. I know I would!
SOURCE: LOTTERYNUMBERS.CO.ZA
Play online: www.sun7lottery.com
Subscribe in a reader
What would you do if you won the lottery? The million dollar (or multimillion dollar in some cases) question. I think we have all at some stage in our lives day dreamed about what we would do if we won the big jackpot. It’s a somewhat invincible feeling to dream about.
But what would you really do? If the situation did come to reality and one day you were holding the Jackpot winning ticket in your hand, what are the practical things that you would need to do?
Here is a list of ten things that you should keep in mind, just in case you find yourself holding that million dollar ticket.
1. Keep the ticket safe
o This is the absolute very first thing that you need to do. Keep your winning ticket safe, place it in a plastic zip bag or similar to ensure it is safe from spills or anything that could damage it. Put in a safe or lockable storage space and if you can’t get your ticket to the lottery commission office straight away, get to a bank and open a safe deposit box for the ticket until you can claim your winnings.
2. Go claim your win!
o I almost missed this step, but it should go without saying, GO AND CLAIM YOUR MILLIONS! Head to the lottery commissions office with your ticket within the specified time period, with any supporting documents such as your ID to claim your win.
3. Open a new account at the bank
o Even though we all want that giant cheque with the multiple 0’s to hand to a teller at the bank, the reality is that today – the money is transferred electronically. You will need to check with your bank to ensure that you’re bank account is the right one to handle such a huge deposit or if you need to open a special account for your win.
4. One lump sum or annual payments?
o This comes down to personal preference. Straight up, it would appear to be better to take the annual payment option as this pays out significantly more over the lump sum option but if you are smart and invest wisely; then the upfront lump sum payment can work out to be a better option. But, do you think you know how to invest wisely?
5. What about your job?
o Would you really quit your job if you won the lottery? Well, then again, why wouldn’t you?! Some people quit their jobs on the spot and never return, others vow that they will never give up work and continue to work in their 9-5 job, just because they love it! Or perhaps another option is to use the money to allow yourself to re-train and get yourself that dream job.
6. Find professionals that you can trust.
o With big lottery wins, you may need to get yourself a good lawyer, accountant as well as a financial advisor. Make sure you research who you go to and seek referrals from friends and family, don’t just ‘Google’ this one.
7. Change your phone number!
o You would be surprised at how many random people from your past including family members who seemed to have disappeared can come out of the woodwork and feel that they have some sort of rights to your lotto win. With a new number, you can more easily control who has the ability to contact you.
8. Go on a long holiday
o Despite the fact that you now can as you have the money and may have quit your job, so you probably have the time. But the time out of the public eye will make it easier to adjust without the added pressure of the press and other people hounding you.
9. Relax and don’t take any pressure
o People will pressure you and try to advise you with what to do with your new fortune. Be assertive and only share your winnings with people you can trust and if you like to charities or organisations that are important to you.
10. Go on, have a splurge
o Ok, it is important to be practical and invest your winnings wisely so as to make the most of this massive win, but hey, you’re a millionaire, a lotto winner – go buy yourself something luxurious. I know I would!
SOURCE: LOTTERYNUMBERS.CO.ZA
Play online: www.sun7lottery.com
Subscribe in a readerEpic Riches to Rags Lottery Story - South Africa
DURBAN - Five years ago he was living the high life in his palatial home and driving a series of luxury vehicles. But now, a man who became a millionaire through the lottery, is broke and facing criminal charges.
Dayalin Maslamoney is accused of posing as a police officer in order to force his way into a private home - just to steal R250.
Dayalin Maslamoney is one of a lucky few.
The 39-year-old quit his job at the SAPS after he won a whopping R10.5-half-million, and didn't waste any time spending his winnings.
But Maslamoney soon struggled to maintain his lavish lifestyle.
“I'm being supported by my family as you can see. We're surviving. As long as I'm surviving, I'm happy with that there," said Maslamoney.
Now he's resorted to desperate measures, and is facing charges of theft and impersonating a police officer.
“It's made him depressed but we trying to get him, to work with him, to get him through this problem and hopefully with this criminal case behind him he can get his life back on track,” said his lawyer Siva Chetty.
A question most people would ask is how anyone could go from riches to rags in just a few years.
“Some people don’t attach meaning to the amount of money they have because they haven't worked hard for it. So it's money that has come very easy to them, it's very easy to spend,” said clinical psychologist Prishika Pillay.
SOURCE: eNCA
Play online: www.sun7lottery.com Subscribe in a readerSouth Africa - R10m Lotto winner arrested for robbery
Ingrid Oellermann, The Witness
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Pietermaritzburg - Just four-and-a-half years after winning a R10m Lotto payout, a former police officer has landed in hot water for allegedly committing a house robbery.
Dayalin Maslamoney, 39, who left the police force after his unexpected windfall in June 2009, was arrested on Sunday along another man.
They are alleged to have posed as bogus policemen and robbed Yusuf Billy, 20, and two friends of R250 at a house in Boom Street in Pietermaritzburg.
'Down and out'
A former multi-millionaire, Maslamoney is apparently “down and out on his luck” and unemployed, reportedly having spent his fortune on cars, a house and living it up with his friends.
The Witness on Tuesday made contact with Maslamoney’s ex-wife, who was unaware of his arrest.
“We have been divorced for three years now and I have nothing to do with him. All this caused me a lot of depression and I don’t want to say anything at all about him,” she said.
She asked The Witness to respect her privacy and to refrain from using her name to avoid further trauma to her family, saying she had “moved on”.
Shortly after he won R10 498 000 on a R50 “quick pick” Lotto ticket in June 2009, Maslamoney’s wife instituted a high court action interdicting him and Absa Bank from in any way touching his winnings pending the outcome of the divorce action she intended to launch at that time.
The couple subsequently reconciled for a time, but this did not work out.
Squandered
In her high court application in 2009, Maslamoney’s wife told the court her husband had squandered nearly R500 000 of his lotto winnings in just one month and she was afraid if the court didn’t intervene to stop him, he would carry on spending it.
Because they were married in community of property, she was entitled to half the money if they did divorce.
According to her affidavit, Maslamoney paid R100 000 for a car, put down an R80 000 deposit on a property and paid debts totalling around R36 000.
The rest of the R500 000 he spent on parties, liquor and drugs for his friends.
His wife said she bought the winning ticket for him at a petrol station on 18 April 2009.
The next day her husband told her that he had won but didn’t disclose how much. She went with him to the Lotto offices in Durban on 20 April, where he was told he had “shared” the jackpot with another person.
Officials helped Maslamoney to open a bank account and deposit his R10 498 000 share into it.
Court appearance
On Tuesday, Maslamoney and his co-accused, Zaheer Khan, 32, made a fleeting appearance before Pietermaritzburg magistrate Celemusa Zungu.
So far the charge sheet reflects only one charge of “theft by false pretences” against the two accused, but prosecutor Sharleen Haggard said the State intended to add a charge of impersonating a police officer.
She also said police have information about the possible involvement of the accused in “other matters”.
The case was postponed to 11 February for further investigation, with both men remanded in custody.
KwaZulu-Natal police spokesperson Captain Thulani Zwane said the two accused were arrested on Sunday night as they fled from the house where the robbery allegedly occurred.
According to Zwane, it is alleged that Yusuf Billy heard a knock at the door of his house at about 19:40 and opened it.
Two men, in civilian clothes, allegedly forced their way inside.
“One of the men produced a name badge bearing the police insignia and told the occupants they are policemen.
“The men then questioned Billy and his friends about a person, and when they told the men that they knew nothing, the alleged ‘policemen’ then demanded cash from the victims,” said Zwane.
He said police were tipped off about the robbery by one of the occupants of the house, and the suspects were arrested as they were fleeing from the house.
Cash and the name badge were allegedly found in their possession.
SOURCE: NEWS24 Subscribe in a reader
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