Everyone wants to win lottery and every day lotteries around the world are making dreams come true. Lives are changed and people are happier than ever before.
Unfortunately, however, for a small number of winners it doesn’t always turn out this way. We’ve all heard the horror stories of family disputes, divorce and even bankruptcy. If you make the wrong decisions and are careless with your prize money things can go downhill fast.
So, how do you make the most of your lottery win?
- Take your time. You don’t have to collect your winnings immediately. Think about how you would like us to pay you your winnings to ensure security and protect your privacy.
- Once you collect your winnings you don’t have to start spending it immediately. Wait a few months and decide how you’d like to spend the money. This will help you avoid impulsive buys and bad financial decisions.
- Becoming a millionaire doesn’t immediately make you an expert on money. Seek professional advice from lawyers, financial advisors and investment specialists and have a supportive team to help you make the right decisions.
- Always pay your outstanding debts first.
- Celebrate the win by splashing out on something you’ve always wanted. A new car, a new house or that world trip you’ve always dreamed of.
- Make wise investment choices and investigate all options thoroughly. Don’t take someone’s word as gospel, consult a professional and always take your time when making financial decisions.
- Invest in yourself and enrol in a course or study. This is your opportunity to make your dreams become a reality, so go for gold!
- Invest in your future and put some money away for your retirement.
- Donate to charity. Or even better, start a charity yourself. If there’s something close to your heart put your money to good use and help a charity you’re passionate about.
- Plan a legacy. Think about how you would like to be remembered.
- Start an education fund for your children to help them through their schooling and early career. Winning lottery gives you the opportunity to better your life and the lives of people close to you too.
- If you don’t like the attention, don’t advertise your win to the world. If you play lottery with The Lottery Office and win, you can remain anonymous. Nobody will know about your win unless you tell them.
- Don’t splurge on material items that you’ll lose interest in after a short time. Make conscious purchases that will add value to your life or the lives of those around you.
- Not everyone will give you the right advice about what to do with your lottery prize money, so don’t trust everyone.
- Don’t try to avoid paying taxes on your investments, eventually, it will catch up with you and you’ll be in a far worse financial situation.
- Don’t put your money in any old account. Research the best-suited accounts and speak to your financial advisor.
- Avoid saying yes to everyone who asks for money. Yes, it’s great to help family and friends, but you need to decide who you want to share your winnings with.
With the right decisions, a big lottery win will bring positive changes to your life and to the lives of the people you love.
Winning lottery is life-changing and an amazing opportunity to turn your dreams into reality. Play to win from the draws of US Mega Millions online in Australia today.
Purchase a ticket in The Lottery Office’s US Mega Lotto, and we’ll purchase a matching ticket in the US Mega Millions draw in the USA.
Who knows where the win will take you!