Thursday, May 26, 2016

Practical tips for winning the lottery

If you find yourself in the lucky position of holding a big jackpot winning ticket, don’t let your excitement get the better of you.

 


Keep your ticket safe until such time as it can be verified and you can claim your jackpot. See this story of how Jerry Ritieni almost lost his winning ticket


If you shout your good fortune from the rooftops you may find yourself in a compromising position or even worse dead. Keep your win a secret for as long as possible so as not to draw unnecessary attention to yourself, as was the case with Abraham Shakespeare.


Seek out sound financial advice so that you are not blindsided by taxes, costs and unexpected clauses that can leave you in a worse off position than before you hit the big time. Read about Batsirayi Mupfawi here.

Donating some or all of your winnings to charity can be a humbling experience and you would most definitely make a difference in the lives of others. Have a look at our stories on lucky lottery winners who did just that. 

 

Do you take the lump sum or an annual payout? Making your new found fortune work for you is definitely the key to being a happy lottery winner. Having a giant bank balance can lead you into temptation as was the case with the UK’s youngest lottery winner who is almost broke


Investing in your future or the future of your children and heirs can be achieved with the correct financial planning and there is no reason to make hasty decisions that will find you falling short. Most lottery organisations do offer advice or contacts to acquire further advice. Sensible winners such as the likes of Jane Park and Tracey Makin have good stories. 


It’s not all doom and gloom so do make sure that you do indulge in something that you have always dreamed of be is a sports car, a much needed vacation, or a new home, after all you did just win the lottery!
 

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