After winning the lottery

How to Deal With Winning the Lottery? After winning the lottery, indeed it is not actually easy for you to deal with wealth especially when it comes all of a sudden. There are a number of stories about lottery winners who get sued by their family or spouse since they wanted a part of the winning. The friends and relatives would do their best to convince the winner in order to be a partner in all kinds of businesses. It is therefore important that you know that after winning the lottery (US). It would interest you to know that there are some people who would win a lottery one and then just some few days after they are pronounced dead so that their families take all the wealth. This is something that actually happens because money can hit deeply at your emotional chords. After winning the lottery it is very important to have a discussion with your financial advisor. After doing this you would then have to sit down with your family so that you talk about how the money would impact your plans. When it comes to how to deal with winning the lottery (US) it is likely that your family would be shocked. Your financial advisor should as well be part of this meeting.

Won the lottery?
What to Do If You Win the Lottery

After winning the lottery you should have a list of the goals you had before the money came and then review them together. Make sure you discuss the goals you could easily achieve with this money or those you have now. It would be good to split the money into two pots in order to have a clear picture of what you can and cannot do. You have to for instance decide on how much of the money you would be using for investing, saving and debt reduction for instance.

After winning the lottery you should always bear in mind that there should be no change in values since you have huge money in your account. However it is good if you just spend part of this new money to buy some few things you could not afford before. There should be a budget on this as always as people normally get into trouble when they think they have some huge money. You can choose to spend about 5% of the money on vital things while you spend 10% on things that are not so important.

10 thoughts on “After winning the lottery”

  1. Oh and i will look into a financial advisor so that i can get the help i need to do the right thing…………

    Reply
  2. Have bills to pay because I am living on social security

    Reply
  3. I have been trying for more than 50 years so what do you think

    Reply
  4. I pray to god, please let me win, i am 79 yrs. old. i have never won anything in my life.i could give to my church, my children, pay off my bills, and most of all enjoy what life have left.
    thank you,
    clyde cook

    Reply
  5. Prize Number to be assigned to you. But per Official Rules, the Prize Number selected when we take a Special Early Look for the winning number from Giveaway No. 69OO in just weeks will have had to be timely claimed by its owner in order to win this incredible prize.

    Reply
  6. Hey I have been trying to play in win too I had a dream that I will win because of God has bless his faith as I give my love in Christ Jesus our Lord and Savior and the only way to get to our father is through Jesus Christ and as I have done his job to bring others to except Jesus Christ into are hurt and know he sent Jesus to die for our sins so we could have life and if we truly believe it in are heart and we would be save and For I have kept trust and him and done wat his act of me cause I was sent to Serve our father as my purpose on earth as a child of God I will be given his blessing as I did it all out of love in my heart who God has bless me to and I love and thank Jesus Christ and our father God for bless me and my family and friends as was as my kids so we all will have a great life I just won’t to prays him and be thankful for everything he done ask I ask in Jesus name I pray Amen

    Reply
  7. IF I WON, I WOULD PAY EVERYBODY I OWE ANYTHING TOO. THEN I WOULD DONATE TO CHILDREN’S HOSPITAL, THEN I WOULD PURCHASE A LONG OVER DUE HOME,THEN I WOULD INVEST IN MY CHILDRENS FUTURE,AND TAKE A LONG OVER DUE VACATION, WHICH HAVEN’T HAD ONE IN 10 YEARS,THEN I WOULD INVEST IN A BUSINESS, THEN I WOULD SET UP A PAYMENT PLAN FOR MY DAD MONTHLY EXTRA INCOME TO MAKE HIS LIFE EASIER BEING HE ONLY GETS A SMALL AMOUNT OF SOCIAL SOCIETY, THEN I WOULD INVEST IN MY YOUNGEST SONS DREAMS OF PLAYING PROFESSIONAL BASKETBALL, AND LAST BUT NOT LEAST ,,LIVE AGAIN…

    Reply
  8. i love pch!!!!!!!! iv been up day and night playing at all times ive been so high on life and so down in the dumps when i couldnt find some thing ive laughed ,ive cried now for 5 months i sure hope all the effort will pay off oh what a day that would be!!!! claim 2million at once ,10,000.00 a month for life , and a mkz lincoln , pch 21007 authorized and approzed , 1o million#4900, 5,000.00 a wk for life

    Reply
  9. If you not going to let me win stop texting me

    Reply

Leave a Comment