Players winning large jackpots have made it more likely that the Euromillions prize drawing and the British National Lottery have created millionaires over the past weeks. One winner of the European prize draw won over PS37million, while a player in British National Lottery won more that PS6 million. Others have won larger amounts. In fact, these two lotteries together have made several thousand millionaires. Other global lotteries also have similar records.
Many people find these examples inspiring. They know that winning such an award would make a difference in their lives. But we’ve all heard stories about situations where the winners suddenly got large sums of cash. What can a lottery player do when they suddenly discover that they have won the top prize.
1. Check out the Ticket
While this may seem obvious, recent cases have shown that players who thought they had won huge amounts have found out their tickets were for the previous week. Or they had misread a number. You can check the website for the relevant lottery administrator to find out the best way to do so.
Many winners admit that they looked at multiple sources before they thought they had won.
2. Keep your eyes on that ticket
The little slip of paper you have is now worth money. Lottery administrators must see the ticket in order to find a safe place for it to be kept. It doesn’t need to be kept with the bank. Instead, keep it somewhere secure where you can easily find.
Many winners just keep the winnings in their wallets, purses, or hidden strong boxes at home. Others hide their winnings in more unusual places such as in a freezer, Bible, or clocks.
You must be able to find it once again. Imagine what you’d feel if you were to lose a winning ticket.
For smaller prizes, winners should bring the ticket to their local shop. However, for larger wins, you will need to call the lottery administrator by dialing the number at the back of the ticket. If you are a member a syndicate administrator will contact you.
Most lottery administrators are experienced in handling big wins, so you will be able to rely on a professional team. Most often, you will visit a local office where experts can assist you.
3. Is it possible to make your win public?
This is a crucial question. Colin and Chris Weir, who won PS161million in Euromillions’ prize draw in July 2011, were the winners. The couple chose to be public about their win, but they later had to hide to avoid attention. An additional winner won PS113 million earlier this year. Nobody knows who they are. My personal preference is to keep quiet.
Winners from Israel and the Far East are now wearing masks to keep their anonymity.
Again, a lottery administrator can advise you and will respect the decision.
4. Get Good Financial Advice
The skill required to handle large sums of money is a difficult one. First, open a bank account in order to electronically receive your lottery funds. The bank official is the first expert you’ll see. The best lottery winners will seek out an independent financial advisor to look after your money and manage the daily administration so that you don’t feel as pressure a9play apk download.
5. What should you do with your money?
While everyone will have their own ideas, lottery administrators recommend that all winners take a vacation immediately. This is to allow you to adjust and relax to the new changes in your lives. You will be able to relax and make informed decisions about the future if you take a break. Lottery winners are more likely to enjoy their success by not rushing into change.
Another advantage of a holiday? It allows any excitement about your win for you to calm down. You can hire someone to look after any begging calls and letters while you are gone. These tasks are already performed by lottery administrators.
What about quitting your job? This is often the first decision people make. It is not always easy.
Winner of the French Loto draw simply known as “Alexandre” quit his job, but then quickly bought the transport company where he had worked, saving it from financial ruin.
Three years ago, a worker at a supermarket won APS2,000,000 in the British National Lottery. Nicky Cusack, however, decided to miss her colleagues and return to stacking shelves.
6. Enjoy Yourself
A lot of fun can be made from a lottery winning. It won’t make your life easier, and there are many things you can do with it. However, everyone has the right to enjoy a little bit of luxury.
The amount you win will depend on what you get, but if you have the funds to purchase your dream car or house, you can do it. You can now think about how to spend the remaining balance. But don’t forget to be responsible with your money and to give it to those in need.
Lotto winners can get a lot of professional, experienced help. This makes it less stressful. Imagine what you would do if the lottery won. Buy your tickets and then you can put this advice into practice.