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Lottery 29 July 2013
Enjoy Your Jackpot
Seven Rules After You've Won The Lotto!
1 All good things come to those who wait
Try not to make rash decisions as soon as you land the big one. Take your time and plan your new life rather than jumping straight in. Think about what you would like to do with your newfound wealth and how best to maximise it so that you can enjoy it for the rest of your life – not short term. It is always worth considering taking counsel from professionals to plan your finances.
2 Be well advised
For each of the decisions that lie ahead for you, there are people who can help you. There will be a lot of things, which you will have never had to deal with in your life, so make sure you get the best advice from the top financial and legal consultants – remember you can now afford it! Let them explain to you in great detail of how best to invest your money.
3 Let your money work for you now!
At the beginning take out a short-term investment for your winnings so you earn more money whilst you take the time to plan your long-term investment plan. Don’t forget each investment plan will not be tax-free.
4 The Circle of Trust
Do not tell anyone of your income aside from your immediate family and friends, as they are unlikely to exploit your new fortune. Make sure that you swear them to secrecy as well. In any sphere of life, newfound wealth brings false friends who just want to benefit from your good fortune. Spoil the people who you can really trust.
5 Giving is better than receiving
You now have significantly more resources and opportunities to help more people than ever before, so pass on the joy. Take time to think carefully about where you can really make a difference with your money. Make sure that the donations you give really benefit the purpose for which they are intended – again it might be wise to consult a professional here.
6 Enjoy your happiness
Enjoy your new financial independence. Of course whilst you must plan for the long term there is no harm in treating yourself to something that you have always dreamed of. Just make sure that the treat is not too lavish to begin with, as it will mean that all your other wishes will come true in time if you spend your money wisely.
7 Write a wish list
This point, you can do before you strike the jackpot. Think about your life before and what you needed to do with your income before your lotto win. Make yourself a priority list and assign your most important goals at the top. One by one tick them off when you become a lotto millionaire so you are secure for the rest of your life and then enjoy the rest of your life with your jackpot!
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by
Team Canada