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The Best Kept Secrets About Being Rich

It’s fair to say many of us daydream about being multi-millionaires. With a bank full of cash, you can do almost whatever you want! Whether that is travelling the world, buying a private jet or starting your own company – the sky really is the limit!

There is more to being rich than meets the eye. Good financial decisions are what helps millionaires stay millionaires, or even become billionaires!

We have a list of the best kept secret about being rich!

Don’t waste money to impress others

This may sound simple, but it can often be quite difficult. Spending your money to keep with the Joneses by purchasing expensive, cars, houses and even yachts, could see you end up losing all your riches.

That’s not to say you shouldn’t enjoy your wealth if you win the lottery, however, it is important to be mindful of how you spend your money, especially if it is to impress others. Spending money to appear rich is not a good idea and can sabotage your money goals in the long term.

Invest and track your net worth

Tracking your net worth is the best way to measure your wealth. Your wealth lies in your assets, such as the properties you own and anything that holds value for a long time.

Yes, it may be nice to own a red Ferrari, but it will quickly depreciate in value. Investing money into the stock market, however, with the help of a financial advisor has the potential to grow, making you wealthier.

Have a saving strategy

Saving money is important, even when you are rich. While the average person might put money aside here and there, wealthy people often decide on a fixed amount they will save from their paycheques or winnings and put it directly into savings or an investment.

If you win the lottery, it is a good idea to put some of your winnings aside to grow in interest.

Invest in financial education

Many lottery winners come into a huge amount of cash and quickly spend it all because they don’t know how to manage their finances.

Rich people often invest in learning how to manage their money, which can bring returns on investments.

If you win the lottery and splurge it all on yachts and fancy holidays, it will quickly dwindle. However, you may be able to make even more money if you invest correctly.

Be your own boss

If you win the lottery, you may never have to work again! Hooray.

Or, you may choose to quit your 9-5 and start your own business. If you have a great idea, you may want to invest in it because it could make you more money!

While investing in a business can be a risky investment, it just might pay off. And if not, hold onto some of your winnings so you can make sure you have a backup plan.

Putting money in piggy bank

Now all you have to do is play for your chance to win!

STEP 1 – Visit our website and sign up for an account using your Facebook or Google account. Alternatively, you can sign up for an account using your email address. Share a few details and agree to our Privacy Policy and Ts and Cs.

STEP 2 – It’s time to play! Visit our website and choose the lottery and the numbers you’d like to play. If you’re time poor, choose a Quick Play and the numbers will be chosen at random for you.

STEP 3 – Complete the transaction and pay securely using a debit or credit card, Bpay, POLi Pay, bank transfer or Paysafecard. For your safety, our website is secured by 256-bit encryption technology.

Note: To sign up for an account with The Lottery Office you must be over 18 years and be an Australian or New Zealand resident.

FAQ

Why should I play with The Lottery Office?

We believe we can offer you a smarter and safer way to play lottery online. The Lottery Office is unlike other companies. Our unique business model allows you to enter our own Government approved lotteries. When you enter one of our lotteries, we will then purchase a matching ticket in a major overseas lottery and we will claim any prize that is won from the overseas ticket and pay you the exact same amount. This ensures we are able to pay out any prize and not have to rely on an insurance policy like other companies. It also allows our players to have the chance to win from matched tickets with major overseas lotteries with prizes reaching into the billions.

Is The Lottery Office legal?

Yes. The Lottery Office is operated by Global Players Network Pty Ltd, and licensed and regulated by the Northern Territory Government of Australia. All of our lotteries are approved, conducted and drawn in the Northern Territory under the supervision of Licensing NT. Our processes and financials are audited annually as required by our Regulator.

Do you support any charities and good causes?

Yes. The Lottery Office Charitable and Community Benefits Fund was set up to ensure that a percentage of our revenue would be put back into local communities and organisations. If you would like to suggest a charity or cause that would benefit from a donation, please contact charity@lotteryoffice.com.au

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