Thursday, August 17, 2017

Lottery Horror Story

Winning the lottery is a dream of so many people. Most people endeavour to do good when winning the large lump sum of money, promising to donate to charities and to help those less fortunate. Sadly, this can potentially place the person in a situation that could cost them their lives. Sadly this is the story of a Florida man, Abraham Shakespeare, who won the jackpot and was declared missing a few years later and then eventually found murdered. The story of Abraham is a true Lottery Horror Story.

Abraham Shakespeare
Abraham Shakespeare, a 47 year old casual labourer from Frostproof Florida, won the $30million lottery in 2009. He had a big heart and couldn’t say no to those that asked him for money, allowing homeless people to live in his home. Sadly his kindness was his downfall that lead to him eventually  being murdered by Dorice “DeeDee” Moore.

Abraham Shakespeare purchased the winning ticket on the 15th of November 2006 at a Townstar convenience store when he and his co-worker stopped to buy cigarettes and drinks. His co-worker was the one that purchased the winning tickets on behalf of Abraham after he asked Abraham what he wanted and Abraham asked him to purchase him 2 tickets. This unfortunately resulted in a court case where his disgruntled co-worker, who demanded a share in the money, attempted to accuse him of stealing his tickets in order to lay claim on the winnings. Abraham opted to take the lump sum payment of the winnings of $17million, which remained his after the court stated that his co-workers story wasn’t believable and that the money belonged to Shakespeare.

Abraham Shakespeare wins the Lottery

Sadly, due to his kindness, Abraham was pestered by strangers and hangers-on constantly and confided in his brother telling him he was better off before winning the jackpot. One of these people was DeeDee, who he started a business with her called Abraham Shakespeare LLC, giving her full control of the firm’s finances. She subsequently spent $1million on personal purchases including a vacation.

On the 9th of November 2009, Shakespeare’s family reported him missing, stating that they had not seen him since April 2009. A tip off led the investigators to the backyard of a property owned by Abraham. They soon found his body buried under a slab of concrete, with two gunshot wounds to the chest.

On December 10, 2012 DeeDee Moore was found guilty of first degree murder and was sentenced to life in prison. DeeDee attempted to keep the $1million home of Abraham that she claimed was sold to her, but the court ruled against this as there is no proof of the sale of the house to her.

DeeDee Moore and Abraham Shakespeare
You can ensure that should you be lucky enough to win the jackpot you are well prepared by reading our story on “what to do when winning the lottery” and therefore do not fall on bad luck.

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Friday, August 11, 2017

What to do when you win the lottery

There are many stories out there on the various lottery jackpot winners, who they are, where they are from, where they purchased their winning tickets and what they ended up doing with their winnings. It is really wonderful reading all these positive stories on how these winnings change people’s live and how they can change other people’s lives. Unfortunately up to 70% of jackpot winners blow their winnings not long after winning and end up in a worse position than before winning the lottery, mainly because they are not prepared and have no idea how to manage winning such a large sum of money.

There are some really good pointers on where to start should you become a winner, below is a list of the top 10:

  • Confirm the numbers, place the ticket in a safe place and breathe.

Get a print out of the numbers to confirm your numbers. Make a paper copy and photographic copy of your ticket and then invest in a safe to store the original ticket in a place that is safe and out of reach of anyone.

Once this is done, stop and breathe, this is a major change in your life and impulse will not work for you, you need to take the time to think through what it is your next steps will be. 
  • Don’t make drastic changes to your life initially – like major purchases or quitting your job.
This is important for various reasons, but it is very important to confirm your winnings before executing the resignation of your dreams and buying that longed after Ferrari.
  •  Keep your winnings quiet, the less people you tell the better.

 The minute people get wind of your new wealth; they will start putting out their hands for a slice of the pie, your pie. You may not be emotionally prepared for influx of various people asking for handouts and crack under the pressure, or you may even risk your safety by letting too many people know. 
  • Seek professional guidance from an accountant and a lawyer.

There are many things to consider when winning this money, such as tax implications. Ensure that you have a team to consult before claiming your winning so that they can advise you where to place your money and how to protect it.
  • Decide what payment you will take – lump sum or instalments.

There are various pros and cons to both options. Should you take the lump sum and have a great financial advisor, you could make more of the money than if you took it in instalments. Taking instalments ensures longevity of the winnings.
  • Settle all your debts first before spending money on anything else.

Make sure you debt free before splurging – as before you know it, you may have spent all your money and still be stuck with your old debts.
  • Seek advice on investing your money once all your debts are paid off.

If done wisely you could be in great standing in the future and your winnings could grow immensely.

  • Draw up a sound budget.

Once your debts are paid off and you have investments lined up, draw up a budget stating what take precedence in your wish list. Writing things down allows you time and clarity to ensure that nothing is forgotten.
  • Plan donations to charities.

This is a desire of many and is great, but must not be at the top of the list.  There are many needy causes out there that will pull at your heart strings.
  • Ensure that all your personal details are not public to avoid being pestered by opportunists.

Remain private at all times. People will not hesitate to pester you even at your personal home. This will then no longer be annoyance but a matter of safety.

Play lotteries around the world at to give yourself a better chance of winning the jackpot to change your life forever. With these tips you will have a great chance of success when winning this large sum of money.

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Thursday, August 03, 2017

Sidestepping a Scam

Lottery scams, along with the number of lottery players who have fallen prey to these scams, have increased substantially over the last few years. Scams, dishonest schemes or fraud wreak havoc in the lottery world. Fraudsters take advantage of the dreams of players worldwide by creating false hope that a big win is in hand, only to leave them in a worse-off position than when they first started. Knowing what to look out for to avoid a scam will not only protect lottery hopefuls from losing their winnings, but begin to minimize the impact of scam artists as a whole.
The golden rule to follow when playing the lottery to avoid a scam? You cannot win a jackpot, prize, raffle or sweepstake for a competition that you did not enter. Fraudsters around the globe devise any number of schemes to ensure the public believe they have won a prize, and convince them the winnings are huge! Through the use of personal information such as phone numbers, email addresses and personalised notices, scam artists hit the hearts of lottery players as they truly believe the winning message is for them.

While the way in which the notice comes and the details about the win may vary, the method for “claiming your prize” remains the same in most scams – a warning to heed when it arises. Be it an email, text message, social media post, letter in the mail or a telephone call, players will be lured by the appearance of an enormous win. Scam artists almost always request personal information and a payment for “taxes”, “transaction fees” or “bank fees” before promising that the winnings will be transferred over. Recipients of the fraudulent notices are often pressured to act quickly by claiming the winnings will expire or be lost if nothing happens within a period of time. This plays into the hands of the scam artists as players are discouraged from taking time to seek counsel or advice from friends or family. Some scam artists coax players into upholding a confidentiality agreement, thereby preventing the involvement of any third party who may dissuade the “winner” from taking further action.
Detecting a lottery scam is made easier by being extremely vigilant and investigating more about the sender prior to responding to the winning notice. Most fraudulent notices are riddled with bad grammar – spelling mistakes, poorly constructed sentences and factual errors are tell-tale signs that something is amiss. Many scams make use of free email domains from Google or Yahoo, and contain false contact information. Clues such as these will allow lottery players to think twice before responding to a scam, preventing themselves from being defrauded and putting an end to the scam artists around. Any scam or fraudulent notice should be taken to a local law enforcement agency in an effort to clamp down on illegal activity taking place.

Being able to eliminate the scams and celebrate the true winners will be a victory for lotteries everywhere. Winning the lottery legally is not only possible, but an exciting reality. Follow the golden rule to detect a scam, be on guard for fraudsters and look forward to receiving the fantastic news of your legitimate lottery win in the not-too-distant future!
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