What to do after you’ve won from the Draw of a World Lotto
Who doesn’t think about what their life might be like if they were lucky enough to win in one of the world’s biggest lotteries? Millions, if not billions, of people dream of hitting the ultimate jackpot. However, often they don’t take the time to consider what happens after winning it.
Don’t worry; The Lottery Office has had winners in the past, so we’re well equipped to navigate this exciting time. We know, we know, you want to go out and enjoy your newfound wealth. However, take a few well-thought-out steps to ensure you make the most of your winnings and do not regret your decision. Once you win from an international lotto, here’s what you’ll need to do:
The first one might be obvious, but we thought it was worth mentioning regardless…
You’ve won from a world lotto, so it’s time to let your hair down and celebrate! Whether you want to take your close friends and family out for a lavish dinner or spend the weekend away with your partner, now is the time to do it. Just remember to stay safe while you’re celebrating and don’t get too wild with your spending… you’ll want to use some of it to plan for the future, after all. So:
DON’T MAKE SPONTANEOUS PURCHASES
You’ve probably heard the saying, “Good things come to those who wait‘? It’s 100% true, especially after you’ve hit it big from an international lotto.
Take the time to think things through and not make rash decisions on big purchases. Look, we’re not saying you can’t add on a chocolate bar at the supermarket checkout. We’re simply saying don’t go and buy that new yacht or house without consulting a financial planner first.
Take the time to think about what you want your future to look like and start to plan how you can get there. This takes us to our next point…
GET A FINANCIAL PLANNER
If you’ve never had to deal with large sums of money before, it can be tricky to know how to invest it best and ensure it lasts. This is where a financial planner comes in. They will help you understand your options and make sound investments that will help you secure your financial future.
BE SMART WITH YOUR MONEY
Investing your money is one of the smartest things you can do after winning from a world lotto. Not only will it help you secure your financial future, but it will also allow you to grow your money even further. So make sure to bring it up with your financial planner to see what options are available to you and make sure you’re making the best decision for your needs.
SPREAD THE JOY
Winning the world lotto is a fantastic feeling, so share your good fortune with others. Whether you donate to your favourite charity or help a friend in need, remember that giving back is one of the best ways to make your world lotto winnings work for you.
P.S. The Lottery Office is committed to making a positive difference in the lives of everyday Australians by supporting Charities & Community groups across Australia. Read more about it on our ‘Charity’ page here.
KEEP PLAYING WORLD LOTTO
Now that you’ve won from a world lotto, why not try a few more? The Lottery Office gives you access to several world lotto draws you’ll want to take advantage of. These include:
- USA Mega Lotto (matching tickets purchased in US Mega Millions)
- USA Power Lotto (matching tickets purchased in US Powerball)
- European Millions (matching tickets purchased in Europe’s EuroMillions)
- UK Lotto (matching tickets purchased in UK National Lottery)
- Irish Lotto (matching tickets purchased in Irish National Lottery’s ‘Lotto’)
- Italian Super Jackpot (matching tickets purchased in Italy’s SuperEnalotto)
- European Jackpot (matching tickets purchased in Europe’s Eurojackpot)
- La Primitiva (matching tickets purchased in Spain’s ‘La Primitiva’)
Our final tip is another obvious one:
DON’T GET CARRIED AWAY
Getting caught up in the excitement of winning can be easy, and you might find yourself making impulse purchases you might not have otherwise made. Instead, stay level-headed and don’t let your emotions get the best of you.
You probably don’t need more than 1-2 cars or a custom-built holiday mansion on the highest cliff in Hawaii. Remain calm. Again, we’re not saying not to spend your money, but if you’re going to invest in cars and real estate, make it a business decision and again, make sure your financial planner is on board and sees a return on your investment in the future.
If you haven’t already started playing to win from international lotteries, The Lottery Office makes it easy and fun! Sign up here.
Share this via:
Taxes. An unavoidable part of life. All winnings with us are free from Aussie and NZ taxes, but what about the prize money we collect from overseas? Is it all tax-free?
Looking to get US lottery tickets online? The Lottery Office lets players buy tickets matched to world-record-breaking lotteries US Powerball and US Mega Millions.