How to Win the Lottery & Change Your Life

Did you know that you can learn how to win the lottery using mathematics?

We have all heard horror stories about the curse of the lottery winners. Some people win a staggering amount of money that is truly life-changing yet within a a few short years they either have nothing left or are in more debt than they were before they won.


Win It & Keep It

However, you can be like the vast majority of other winners who have won big and kept their money.  With sound financial planning and a level head you can use your winnings to fund the rest of your life without ever having to worry about money again.

You can also learn how to win the powerball lotto and mega millions.

Of course before you can learn how to spend, save and invest your winnings you will need to learn how to win the lottery icon_big_smile.

But once you do have your winnings safely tucked away in your bank account you really need to learn how to keep them there.

Lottery balls

Financial Planning

The difference between lottery winners who keep their money, or even grow it, and those who lose it all really lies in their mental attitude. No matter how much money you have you must realise that it is not infinite. Your supply of cash will run out sooner or later unless you invest it wisely.


Investing your winnings is a good idea as long as you invest the money wisely. Giving ex-gambling addict Uncle Tom $2 million to start his orange tree orchid business in Alaska is perhaps not the most prudent of financial decisions. Although this is a striking and exaggerated example of a bad investment idea you would be surprised at how similar it is to some of the investments made by past lottery winners.

If investment is not something you want to delve into, as many lottery winners have lost their money through bad investments, then you should  at least budgeting your money so it last you through the coming years.

High Interest Banking

Depending on the amount you actually win you can live out your life in relative comfort without ever having to spend a dime.

lottery_winIn the USA and other countries there is already the option to take a payment plan. For people who have always struggled with their finances this is often the best course of action. Having a steady income stream means you are less likely to end up in serious debt with no money at all (as long as you don’t sell your right to the payment to a third party).

In the UK National Lottery, Euromillions and and other lotto draws take a payment plan is not an option. However, if the idea of having a yearly wage is more appealing than being overwhelmed by a huge amount of money that you could easily lose there are other options.

Placing your winnings into a high interest account and never touching that capitol can still allow you to have an extremely comfortable lifestyle just by living-off the interest!

You can still buy a new house, new car and other luxuries on repayment plans knowing that your initial winnings are still safe and untouched. Learning how to win the lottery is only the beginning you must also learn how to regulate your finances.

The only disadvantage to this approach is waiting for the first interest amount to accumulate. This may not take that long if you won several million on the lotto.

Financial Advice

Whatever amount you win or whatever you plan to do with your winnings it is always advisable to speak to a qualified financial adviser.

Do not pick your local agent who is used to dealing with normal financial matters such as missed mortgage payments or debt consolidation. Seek out a professional with experience dealing in the type of amounts of money that you have!

Such experienced financial adviser can really give you some great advice but remember the money is yours and no one will look after better than you.

I hope this advice is helpful and I hope if you do win the lottery (or have already) that you enjoy the winnings for the rest of your life.

You’ve Won the Lottery – Now What Do You Do?

For most people, in fact the vast majority of the planet, a large jackpot win on the lottery would mean life change in a big way.

how-to-win-the-lottery_Richard-LustigI mean, who hasn’t dreamt of what they would do with all those millions; a new house; a new car (or 2); a boat; a vacation to the Mauritius for you and 40 of your closest pals.

But what would happen if you awoke on Sunday morning to the realization that you had become an instant multi-millionaire…would you risk losing it all on silly purchases or would be smart enough to think about your options?

What Would you Do With it All?

Imagining about how life would be so good after a massive lottery win can be tantalizing to the senses and a highly enjoyable experience. Mentally planning that dream holiday and basking in the feelings aroused by those mental images can be exhilarating.

Dreaming about all the super fantastic things you will do with your new found wealth can really motivate you and make you feel good. Will you travel the seven seas, race camels across the desert or just bask by your castle’s pool in the Mediterranean sun?

Perhaps you will retire to an ocean view beach house that sits on the sun-kissed shores of the Caribbean. Or, you may want to build some stables for those award-winning horses who keep on the ranch.

Slow Down Cowboy

There May Be Rustlers Ahead!

Dreaming about a lottery win may be amazing but if you are taking real steps to increase your chances of winning and even play as part of a syndicate then perhaps fantasizing about how you will spend your money is not the wisest thing you should be doing.

You should probably be making plans about how you will best utilise this money and thus avoid becoming just another victim of the curse of the lotto.

Curse of the Lotto

We have all heard stories about men and women who, having won huge sums on the lotto, end up even more broke than when they started. It just seems that some people can’t handle having money.

Don’t be one of them!

After a huge win on the lottery, or any other big financial gain, it is fine to spend some of it and celebrate your new found wealth but don’t squander it.

The Best Course of Action After a Win

Most financial experts advise winners to take a few days or even weeks before touching their winnings.

The only thing you should spend any money on is a modest holiday for you and your immediate family (or those who will be affected by the win the most). This will give you some time to relax and allow yourself to get used to the idea of being wealthy.

Either before you jet off or just afterwards, or both, you should seek the counsel of at least 2 independent financial advisors.

If you can find a professional who has already dealt with previous lottery winners or people who have inherited sudden wealth all the better if not seek someone who is competent and perhaps recommended by the lottery company.

Such a person is trained to help you manage your money and prepare for the future.

UK & Europe Winners

In the UK and Europe the lottery fund is paid in one tax-free sum.

Did you know that depending on the size of your win and the financial plan you follow you could easily live-off the interest form that amount without ever having to touch your actual winnings? What’s more you would live with much higher level of income than most other people you know or that you could ever aspire to through working.

USA & Other Countries

In USA lotteries and other similar country lotteries winners are given the option of a lump sum payout or an instalment plan. A financial advisor will be able to tell you whether you should take a lump sum or take instalments, dependent on how you want to build your life in the present and future.

Unplug & Drop-Out

Unplug your phone. Buy a new cell phone and advise your family, close friends and financial advisor of your number and tell them to share it with no-one!

Consider staying with friends or family members for a few weeks.

Many lotteries give out the names of winners and their locations. It is very easy to track winners down with this information. So be prepared for an onslaught of unwanted attention.

The last thing you want at this stage is begging phone calls and letters or other distractions.
You need to keep a level head and maintain clear thought processes.

If you are “caught on the hop” by someone asking for money you can simply say you have not got the money yet and have not even spent anything on yourself (which will be true) and therefore are not at liberated to give any away.

Whatever you do make sure you have a financial plan in place and you are absolutely certain how you are going to use your winnings…in detail…before you give any money away!


Once you have a sound financial plan in place…relax!
And, of course, you should now celebrate and just enjoy the beginning of your new life.

Curse of the Lottery Winners

Some people win big and lose it Make sure you aren’t one of them! Use some sound financial planning to ensure you keep your money.

Winning the lottery may seem like a dream come true for you but for some people it was more like living a nightmare.

Take a look at how some people rode their luck too long and, after winning big in the lotto, lost it all icon_sad_smiley.

Below are 5 stories of lottery winners who blew it!


The Winners Who Lost it All

Here are some stories that are typical of people who fail to adequately prepare for their future after they win big on the lotto.

Luke Pittard

Welsh born UK resident Luck was lucky enough to land a £1.3 million (approx. $2.6 million at today’s rates) lottery win back in 2006. However, although this may sound like a lot of money it wasn’t enough for Luke.

After buying an extravagant wedding with a trip to the Canary Islands and a house for himself and his new bride Luke did not have enough money to live on and was forced to seek employment at his local MacDonald’s.

Willie Hurt

Back in 1989 Willie had a $3.1 million win on the Michigan Lottery.

Unfortunately Willie developed a drug abuse problem and after only 2 years was divorced from his wife, flat bloke, without custody of his kids and facing a charge of attempted murder.

Evelyn Adams

Believe it or not Evelyn was lucky enough to win the New Jersey Lottery not once but twice. Yet, she still managed to blew a cool $5.4 million – her entire winnings gambling in Atlantic City.

She is currently completely broke and lives in the only accommodation she can afford – a cheap trailer park.

Michael Carroll

teen-lotto-winner-faces-bankruptcyBack in 2002 at the tender age of just 19 Michael won £9.7 million (approx. $15.4 million at today’s rates) on the UK National Lottery.

After an 8 year spending spree splashing out on drink, drugs, gambling and prostitutes Michael found himself claiming unemployment benefit and living off £56.25 (approx. $89) per week.

Billy Bob Harrell Jr.

Even a whopping $31 million isn’t enough for some people to be happy.

Billy Bob was a Pentecostal preacher who also worked as a stock boy for Home Depot when he landed his massive fortune.

Even after buying 7 homes, one of which was a ranch, and owning several highly desirable cars Billy Bob could not keep his marriage together and eventually committed suicide.

Don’t Join Them

If you do win the lottery be sure not to become another crushed lottery statistic.

Remember that the majority of lottery winners do not blow all their money. They keep it and live happily ever after (at least financially).