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Once you’ve won a big prize from the lottery, you might assume that all the serious effort is done. Conversely, you would be quite wrong! There are many documented cases of men and women who have hit it big only to lose their fortunes through bad deals, unhealthy living, selfish acts, and other unfortunate events. So if you want to be a lottery success story, and avoid the famous « lottery curse » that appears to always make it to the front page of newspapers, here are several tips to help.

Get an attorney or financial planner

Before going public with your lottery winnings, it is a great idea to talk to an attorney and a financial planer. Certain lawyers focus on lottery winners as well as the way to best begin a wise life which will make the most of their winnings. Remember, the ultra-rich (millionaires and billionaires) got that way by being wise with their cash. They’ve had their wealth for a long period. You, having said that, as a new lottery winner, are thrust in to the role of ultra-wealthy, without the need of the years of experience that others may have had. This really is why an attorney can give great advice and be a good help when you begin your new life.

A financial planner can also be an important person to talk to. They may help you make the decisions early on within your life to make certain that you not have to work again. If you make wise investments with your lottery winnings, rather than spending it foolishly, you will truly be a lottery success story.

Concentrate on your dreams

Winning the lottery is something 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 opportunity to be a world traveler. Or perhaps you’ve always regretted that you were not able to go to college. You have the option to get that degree! Making a number of all of your hopes and dreams shall help one to find the best path to achieve them.

In addition, think beyond just things to buy. Sure a new car or dream home will be nice, but think more about lifestyle changes rather than new toys. Most people do not love their jobs, but find it nice to possess a hobby to take up time. Your hobby can now become your full time profession, if you wish it. Being happy means spending your time doing the things you love.

Learn to say « No »

When you make a big win at the lottery website, you will hear from friends you haven’t spoken to in years. You will hear from cousins that you never knew existed. You might even hear from complete strangers! How did everybody find you all of a sudden?

Most state lotteries make their winners public. It’s in their terms of service that winners must be prepared to go public. They do this for a range of reasons. For one thing, it’s really 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 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 whole new lottery winner, you may have to learn to say « no » to the many requests that can be coming to you. If you have a hard time doing this, in which case you will be quickly taken benefit of, and pretty soon you will find your fortunes dwindling.

One alternative for all those who might 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 means that a big winner can still remain relatively anonymous. If you’ve always dreamed of having all of it, but you’d like to still live the life of a regular Joe, then you definitely may want to try your hand at online lotteries.

Give some back to charity

Even though you are going to have to say « no » to a great deal of greedy people trying to take advantage of you, you may find that you are enthusiastic about giving back to charity. Many millionaires and billionaires have done great things with their donations, whether it be to hospitals, colleges, or other non-profit organizations. You can even donate your time! Despite the fact that it sounds crazy, many millionaires and lottery winners do it. (If you don’t have a regular job anymore, or only work part-time resulting from winning the lottery, you could have a whole lot more free time for you to share and may discover that you enjoy volunteering tour time).

Should you choose to give to charity, do your investigation first. You will need to discover what your interests are and how you’d like to see your money spent, so make a list about which charities interest you. You may even research your favorite charities to see where they spend their money, the amount of each gift they receive is utilized for charity, as well as other facts. These facts should help you decide on several worthy charities.

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