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Once you have won a big prize from the lottery, you may think that all the hard-work is done. On the contrary, you'd be quite wrong! There are plenty of documented cases of folks who've 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 "official lottery curse" that seems to always make it to the front page of newspapers, here are a few tips to help.
Before going public with your lottery winnings, it's really a great idea to talk to an attorney as well as a financial planer. Certain lawyers concentrate on lottery winners and the way to best begin a wise life that can make the most of their winnings. Of course, the ultra-rich (millionaires and billionaires) got that way by being wise with their cash. They've had their wealth for some time. You, however, as a brand new lottery winner, are thrust in to the role of ultra-wealthy, without having the years of experience that others may have had. This really is why an attorney can give great advice and be a good help as you begin your new life.
A financial planner is additionally an essential person to talk to. They can help you make the decisions early on within your life to make sure that you never have to work again. If you make wise investments with your lottery winnings, in place of spending it foolishly, you will truly be a lottery success story.
Winning the lottery is one area that most of us dream of doing. So now that you've won, what would you like to do with your winnings? Maybe you have always wanted to travel. This really is now your chance to be a world traveler. Or even you have always regretted that you were not able to go to college. You have the opportunity to get that degree! Making a list of all of your hopes and dreams shall help one to find the best 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. Almost all people don't love their jobs, but find it nice to have a hobby to take up time. Your hobby can now become your full-time career, if you wish it. Being happy means spending your time doing the things you love.
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 everybody find you all of a sudden?
Most state lotteries make their winners public. It's within their terms of service that winners must be willing to go public. This is accomplished for a number of reasons. For one thing, it's a great promotional device and it generates interest within the lottery. Additionally, it proves that the lottery is a fair draw and that there's absolutely no cheating going on. The flip side of this is that having their names made public puts a target on many lottery winners' lives. As a new lottery winner, you will 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 benefit from, and pretty soon you will find your fortunes dwindling.
One alternative for anyone who may 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 implies that a big winner can still remain relatively anonymous. If you've always dreamed of having it all, but you want to still live the life of a regular Joe, then you definitely may want to try your hand at online lotteries.
Despite the fact that you will have to say "no" to a lot of greedy people trying to take advantage of you, you could see that you are interested in giving back to charity. Many millionaires and billionaires have done great things with their donations, whether or not it be to hospitals, colleges, or other non-profit organizations. You may even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (In the event that you don't have a regular job any more, or only work part time as a result of winning the lottery, you could have a great deal more free period to share and may discover that you enjoy volunteering tour time).
Should you decide to give to charity, do your research first. You'll need to discover what your interests are and just how you want to see your money spent, so make a list about which charities interest you. You can even research your favorite charities to view where they spend their cash, just how much of each gift they receive is utilized for charity, and other facts. These facts should help you decide on a couple of worthy charities.