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Friday, August 31, 2012

Don't be a bankrupt lotto jackpot winner



6/55- 0 winner
Draw date: 9/08/2012
Expected Jackpot Prize P 235 Million


6/49- 0 winner
Draw date: 9/06/2012
Expected Jackpot Prize 50 million


6/45 - 1 winner
Draw date 8/24/2012
Jackpot prize P52.2 million

 A tricycle driver from Laguna won the August 24 6/45 Mega Lotto draw.
The winner used the number combination of   10-29-30-31-37-38.
The exact amount of the prize was P52, 244, 391.


6/42 - 1 winner
Draw date 8/21/2012
Jackpot prize P12.6 million

A 42-year-old  real estate agent who has been helping a group of blind beggars in his hometown in Cavite province plans to share his winnings with them as well as with his parish after hitting the P12.6-million jackpot in the Aug. 21,2012   6/42 lotto draw.

 The lotto winner, who had been betting on the state lottery for the last 17 years, picked the winning combinations of  4-17-18-24-33-35 based on the birthdays of his wife and three children.



Remember  Dionie Reyes who won the Lotto 6/42 draw on April 22, 2008, who lived the life of a millionaire and spend all his winnings  for three months?

He lived in a P4-million house in a posh subdivision, drove around in a sports utility vehicle (SUV), and gave goodwill money, ranging P1,000 to P 850,000, to relatives and friends. He also gambled daily, womanized, and went on regular drinking sprees.

You don't want to be like him, would you?

The 99% of lotto bettors will tell you NO.



 Don't be a bankrupt lotto jackpot winner.

After a big lotto jackpot win, planning is everything, the initial decisions you make are going to determine if the money will bring you great happiness or if you are destined to become another riches to rag story.

One reason why a lotto jackpot winner goes bankrupt because  the lotto winner have had no previous experience in handling the large amounts of money that can be won in the lotto, nor are they aware of the pitfalls of having to much money.


Some of the most common mistakes are:

 1. Failure To Manage the money

 2. Irresponsible Spending

 3. Failure to invest properly

 4.  Lifestyle choices

5.  Friends and relatives

6. Drugs and Alcohol

7. Gambling


But, like any large windfall of money, either from lotto or inheritance you need to handle your new found fortune carefully. That means have a concrete plan.

The best advice at the moment is to deposit it first in the bank.  Do not do anything until the smoke clears from your head.