What to do if the lottery touches you?

lottery

What to do if the lottery touches you?

If you are reading this article there are only two possibilities: first, you have won the lottery, maybe the Christmas Gordo, and you see yourself with a lot of money in your power and you do not know what to do with it; or second, you are a planned person and as such you are going to plan what you would do if you saw yourself in the previous situation. Whatever your case, in this post we will explain what to do if the lottery touches you .

The first and fundamental step is to keep the tenth or winning ticket safely . The tenths have no name, so their owner is their carrier. For this reason, you should look for a protected place in which to hide it, for example, a bank. It would not be a bad option to go to a notary so that of faith that you and only you are the possessor of it.

lottery

Once protected the tenth, do not run to uncork a bottle of champagne and celebrate as high as you are a rich new. I imagine that it will be very difficult to contain so much joy, but you have to keep a cool head and preserve your anonymity . Nobody but you and your most intimate family circle should know your new economic situation.

Another fundamental step is to seek professional financial advice , before even charging the tenth. It is normal that the first thing that comes to mind is going to collect the prize and see the money entered in our checking account, but that is not the best option. Being advised by professionals is essential to avoid making planning mistakes.

If you have followed all these steps and you already enjoy the money that has touched you, it is time to start thinking about what to do with it . Eliminate small debts to reset your financial situation is a good option, fully amortize the mortgage is not. The reason? It can mean giving off an important amount of money that would generate a juicy interest if you invest well.

Related to the previous point, and always with professional advice, look for investments that allow you to monetize your money and even, if the amount is important, live on the income generated. The investment possibilities are huge but, in my opinion, do not invest in anything that you do not get to know in full.

Finally, enjoy! You are a millionaire and you have a lot of money in your power! Of course you can treat yourself, but do not lose your mind. Keep in mind that there are many cases of people who have a lot of money and after a few years they are worse off than before the luck smiled on them.

Paul Perkins

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