Lotto Winner

Lotto Winner

Everyone that plays the Lotto has dreams of winning. The first thing a winner must do is get legal assistance to maximize the amount remaining after the 50% tax obligations. Complications with family members that want to share or acquire money are also major problems.

Once the publicity of winning is negotiated the next step is shopping. Buying a house or most likely a mansion is usually the first goal. Spending 1 million, 1 billion or maybe 1 trillion is a big problem that people are not prepared for. Vacation properties must also be considered since winners might want to have a property in a tropical area or possibly the mountains.

How many luxury cars will a person need in order to drive to the malls to refresh their wardrobe? In fact, shopping will become a prevalent part of a person’s life style when they have that much money. A SUV, sedan and sports car should satisfy the initial needs of most people. A long vacation will be required to try to relieve the stress of winning $1.5 billion. A trip around the world would work. Maybe a cruise or a hotel in the Caribbean would be good, but buying a private island might be more interesting and useful.

Decisions have to be made regarding children, grandchildren, close relatives, distant relatives and divorced ex-partners. Friends and co-workers will be so jealous that only generous gifts will satisfy them. Charity is an integral part of winning the lottery. Decisions have to be made as to which organizations you will give money to.

My wife wants jewelry and handbags to add to the collection she already has. Sports equipment, watches and collectibles might make people happy. Investing a percentage of the winnings will guarantee that you can’t outlast your money. Financial advisors, accountants and lawyers will be essential members of the team. Unfortunately most winners lose all their money within five years?

Even though my chance of winning was one in 262 million I was confident that I had the winning numbers. After the numbers were selected I didn’t have to make any calls to quit my job or announced to anyone that I am the winner.