10 things not to do if you win the jackpot in lottery

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Here are 10 things not to do if you win the lottery

Not remember to sign a ticket, or forget to report it to the state

After doing some research, we find that this is apparently the simplest and easiest error to make. Can you imagine losing a lottery keputusan toto papers? Then imagine what can happen if others snag your ticket and shows up to collect the prize. Fighting over this is no simple task, and disputes have arisen over who owns what ticket. In a way, lottery papers are almost regarded as the last form of bearer bonds that anyone can collect on as they show up with the coupons and bonds.

Tell everyone you know about your winning

If you win millions of dollars, chances are so high that you will to want to brag about it and share some of your new excitement. How could you not? The problem is that telling everyone you know before you collect your winning puts you at risk, and in more ways that just one.

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Automatically decide to take the up-front money instead of the annuity

Reaching tens of millions of dollars at once probably sounds better than getting a paycheck for the next 30 years or so. Now consider that close to 90% of lottery winners end up broke, many within a couple or few years. Let’s say that you can choose to get $192 million up front. Or you can choose to receive a payout of $900 million slowly over the course of a lifetime. Most people choose the lump sum rather than the annuity payout as it is instant empire-making money.

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Think that you are the smartest one to manage your money and finances.

If you go from living paycheck to paycheck, does it sound right that you will know the best choice to invest in and the best tax and asset protection strategies after winning by 4d lucky number? There are many ways to invest and protect that fortune, and that probably not include just buying some stocks and bonds and letting it ride. Your drinking buddy might also not be the best one as an advisor and expert. Having a solid and respectable team of professional and managers in place will act as your buffer that protects your assets now and in the future.

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Let your debts remain in place all the time

If you take the lump-sum or the annuity option, if you have a single penny of debt in the immediate future and distant future, then something is seriously wrong. For that problem, you should not have a single debt ever again.

Become the excessive high-roller person, living the Big Life

If you go from living a simple life to instantly be capable of using hundreds of thousands of dollars (or more) every week, what do you think happens to your expectations in life ahead? Chances are high that you will reach more of the same.

Purchase everything for everyone, or even for yourself

Do not go out and purchase dozens of cars, followed by houses and whatever else, for you and your friends and family members.

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Say to hell with a budget in lottery

Maybe it sounds crazy that you have to live within means as you get empire-making money. After all, most lottery winners are instantly wealthier than everyone they know combined.

Become the business backer for all your friends as well as family

One popular theme that has come up with lottery winners (and judgment winners) who suddenly get vast sums of cash is that their friends and family begin pitching them on endless business ideas. Sure, some will sound awesome and some will sound crazy.

Give away the winning enchilada

This is probably not the case for most lottery players about the 4d past result, but some people probably want to give away just about all their money to a charity or to a religious institution. You can be more than generous without doing the thinkable.

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