Six Things You Must Do If You Win The Big Jackpot '

The lottery offers a wonderful opportunity to possibly win millions of dollars. While this might seems amazing, it might not be as wonderful as imagined. In fact, maybe even the opposite might true as stated by numerous studies and research done since the 1970s.

* Young Goodman Brown- Naive, easily pressured, not a solid decision maker and not a good leader

As personal and life experiences with managing or budgeting money, I’ve purchased a house at low price and sold at a higher price. Also, I bought a brand-new luxury car and paid off in less than 5-year term. Balancing and budgeting the income was the key to my success of saving and building wealth.

A lottery is a gamble in which participants pay an amount to obtain an opportunity at winning a large prize during a drawing (Lotteries). Lotteries in the United States can date back to as far as 1612 when it was used to provide funds for a newly created settlement in the country. A single person or several individuals can win a lottery if they concur with the correct number or sequence of numbers selected in a drawing. Today, winning the lottery is something most people desire and wish they had the good fortune for since it would bring in a large sum of money. The mathematical likelihood of someone winning the lottery on a single ticket is one in 175 million (Wasserstein). Despite this small possibility of winning the lottery, Jack Whittaker happened to be the one in 175 million when he won the lottery in 2002, for $315 million. The effects of Whittaker winning the lottery affected his financial stability, family relationship, and social well-being.

If I won a lump sum payment of $10 million in the lottery, the first thing I would do Is pay off my daughter’s education. Once she graduates school, I know that I will be in a lot of debt. This debt will only continue to increase because of the high interest rates of student loans. An education is not something I can deprive my daughter of because I do not have the money at the moment to financially support her. This is why I would have to take out loans for her. I would use the money to pay off her loans so that they do not increase over time because of their interest rates.

How many times in your life have you been asked what you would do if you won the lottery? Would you say “I would start by being exploited by manipulative friends and family, then maybe go into an alcoholic spiral, and then ultimately die and untimely and tragic death”? No, you would list the things that you imagine you’d like to do: travel, buy homes in warm places and maybe go back to school. However, let’s not forget Mack Metcalf, who won a $65 million lottery, was bilked out of millions by a former girlfriend while drunk, was recognized by a social worker and chased for child support, grew exceedingly paranoid of those around him, spent most of his time drinking and died at the age of 45, only three years after he had won the jackpot. Metcalf undoubtedly bought the lottery ticket in hopes of happiness and more time to do what he wanted, so how did something like this happen?

Gambling, whether for life or money, is risky and success is not guaranteed, even if you ‘win’. Two different tales both involving risk.

After faced with new responsibilities, a person is subject to become overwhelmed and at times insecure. When being a lottery winner, privacy becomes nonexistent because they are now considered to be a local celebrity. Being obligated to uphold the duties of a celebrity places a large burden on the life of a lottery winner. A lottery winner will begin to over analysis events taking place and question the intentions of people around them. They begin to constantly ask themselves, “Are people around for the best interest of them or their winnings.” Much insecurity faced by a lottery can result in the lost of their true character. The lottery winner begins to abandoned their previous hobbies, job, and interests left to be known as the person who won the lottery. Their need to feel empowered is now effected resulting in their drive to regain their empowerment by any means

I understand that many people in this world want to be a millionaire. While most people work hard to earn money, some people are dreaming about being rich overnight. On January 13, 2016, many people in the United States were crazy about buying Powerball because the cumulative jackpot on that day was over 1.5 billion, which also became the largest lottery jackpot in the world. Everyone talked about the Powerball during that week, and there were long lines for buying lottery tickets all over the country. They all wanted to be the lucky one to win the jackpot. However, is lottery a good idea to exist? Everyone knows that gambling is bad; for the same reason, everyone should know that lottery is a bad idea too because lottery is one kind

Any and every serious gambler has dreams of being a “high roller”, as that truly is the ultimate goal. Big winnings really are the stuff that a high-end gambler embraces, with this next game certainly fitting the bill on that front. Aptly named, Highroller Jackpot can afford you the big winnings required to live a high roller’s lifestyle. Based around the trappings of a luxury lifestyle, in the Highroller Jackpot, the more diamonds you “win” the more chance you have of affording them for real.

The first thing I would do if I won would the lottery was invest or put away most of my money so I wouldn’t waste all of it. However, some of the money would go to my parents, because they took care of me, and deserve it. Although, I am going to enter college in

I just won $1,000,000! I would spend it on different things. I would first buy a Lamborghini. I’ve wanted one since I saw one. I just think it looks good. Then I would spend some money for charity. Because why not? You gotta be nice at least once in your life. That gives me about $500,000 left. Then I would buy a really nice house. I would want to live somewhere for shelter. I would not have a lot of money left after this. I think it would be a nice spend of money. I have bought a Lamborghini, Spent for Charity, and bought a house.

Set a plan on how you are going to spend your income, and always make sure you plan on saving a portion of your earnings. Write down every necessary spending, and note down

You can lose it, you can be robbed, you can spend it all or in many of other ways.

It is important to take a break to understand what the lottery is; and I'm talking about lotteries from any country and all types of lotteries. The lottery is not magic or fortune: it is a game whose objective is to obtain the number that will be drawn among more than 45 million possibilities. It seems difficult VERY difficult... but not impossible.