Comments on: Here’s What to Do (and Not Do) If You Win the Lottery

By: C Adams

C Adams — Wed, 18 Dec 2019 17:23:51 +0000

Also people who win this type of monies millions, don’t know the right way to find those kind of advisors and lawyers. I admit I don’t

By: Raven

Raven — Sat, 02 Nov 2019 03:50:36 +0000

The old comment below can be taken with some truth, but if you read this article; Remeber:
Friends and family CAN turn on you. Its not to say everyone will, but when they hear you have money, of they ask you for money, its natural. But! That entirely depends on the kind of family you have.
Is your family cutthroat? Does your family practice kindness? Is there always some family drama in your immediate family or distant relatives? Its a nice idea to tell your immediate family of their good people. Immediate family?? Not so much. But that depends on you because everyone’s family is different. Just be careful and have a plan for yourself if someone decides they want their inheritance early.
As for friends; be extremely careful. You don’t need a while team of advisors, but having atleast someone to advise you is good and important. The decision to tell your friends depends on what kind of friends you have. Don’t tell the people who do drugs, spends money on superficial stuff like constantly buying the latest thing; This will drain you and your mental health.. eventually your relationship will go sour when you’re out money too.
Finally, if you win the lottery; Be patient with yourself. Give time to yourself. You can do whatever you want, you don’t need to suddenly start doing things. Do it one at a time so you can pace yourself. Pay off things that directly effect you first, debt, bills, etc, the common sense stuff. THEN you can start thinking about family and friends. Remember, winning a lot money can get to your head, this is why it’s important you pace yourself so you can ensure you STAY rich well into the future, not become poorer than when you were before you won the lottery. Keep in mind, like the article said; We’ve all seen rich athletes and celebrities, etc, lose all their money and go broke. That can 100% happen to you too, so be careful. Just take it slow and be mindful on what you spend on and who you tell. Stay safe!

By: Ralfie

Ralfie — Mon, 14 Oct 2019 11:15:27 +0000

IT’S NOT TRUE AT ALL that you “shouldn’t tell anybody” if you win the lottery!Yes,YOU SHOULD TELL that to THOSE FROM YOUR FAMILY(spouse and children,at first) and to THOSE PEOPLE WHO ARE RELIABLE!That when you have the choice to remain anonymous,since some jurisdictions REQUIRE ALL LOTTERY WINNERS TO DISCLOSE THEIR IDENTITY!Then,why on Earth should you “consider changing your phone number and deactivating your social media accounts”?!THIS HAS NOTHING TO DO with your winning the lottery!And there are more things that AREN’T TRUE among these “advices”:YOU HAVE NO NEED to “involve a trusted team of advisors that can help you evaluate the legitimacy or efficacy of these requests” when they come from members of your family or friends!Why would you need the help of an entire team of advisors WHOM MUST BE PAYED(let’s not forget that!) to evaluate a request to help a family member or a friend?!YOU DON’T NEED ANY HELP FROM ANYONE ELSE to fullfil such a request because YOU KNEW BETTER THAN ANYONE if to help a close person or not!Then,IT’S NOT PLAUSIBLE that “you could find yourself involved in a lawsuit on completely made-up grounds that could cost you millions in litigation”!A lawsuit NEEDS SERIOUS GROUNDS in order to be opened!Also,YOU CAN PERFECTLY WELL CHANGE SUBSTANTIALLY YOUR LIFESTYLE OVERNIGHT and TO HAVE A PLAN FOR YOUR FINANCIAL WELFARE SIMULTANEOUSLY!THERE IS NO PROBLEM to do that!And even if one changes his/hers lifestyle substantially,THAT DOESN’T MEAN that the respective person will spend his/her money recklessly!