Oct
8
Are you someone who knows you are going to win the lottery? What do you do to prepare for such an enormous change in your life? Is there anything you should do to help make the proper adjustments prior to winning? Here are the Top 5 solid tips regarding what you should do before you win it big.
1. Repeatedly recite the word, “No.” Saying no will be the most important suggestion in preparation to winning the lottery. There is a sea of horror stories about people going bankrupt after winning the lottery. Too many winners do not know how to say, “No.” Think about it. If you have a long list of free-loading relatives, friends in need, people constantly asking for handouts and help before you win the lottery, then imagine what it will be like after it has been announced that you won. It is essential to practice saying, “No,” or else you may be another member of the Winning it Big and going Broke club.
2. Save all your losing lottery tickets. Many people are unaware but your losing lottery tickets are tax deductible against your lottery wins. Also, your receipts for other gambling losses are deductable against lottery wins too. So start filing you losing receipts away until the big day arrives. The more organized you are the more money you shall be able to save in the long run. Thus, it is important to begin the filing system right away. The sooner you start the better.
3. Store your lottery tickets somewhere safe. As mentioned above, organization is the key to ensuring you win and return with as much money as possible. Same concept with storing your tickets. For the majority of state lotteries only give you 30 days to claim small wins from lottery agents. So if you won and you do not know where the lottery ticket is stored, time is ticking away threatening you to lose out on the prize all together. You may mail in your ticket after the 30 day mark, but what if your electricity bill is due and you need the money immediately? Keep your lottery tickets stored away in a safe place, and check them immediately after each drawing.
4. Do not waiver from your budget. If you have a budget and playing the lottery would be a stretch on the budget, then don’t play. It is that simple. Nothing positive comes out of playing the lottery when there is already a strain on finances. If you must play, then play with a group of friends and/or family members. Gather your money together, place it in a pool, then play. It provides you with a bigger lotto budget and allows you to play the larger lotto wheels, which otherwise would be out of range.
5. When you play the lotto with a pool of people require everyone to sign a Pooling Agreement. Nothing tears friends and family apart faster than money. Winning the lottery and/or lotto is no different. To avoid issues from arising then have everyone sign a Pooling Agreement. It prevents discrepancies from occurring later on. Plus, when you win millions you aren’t arguing over a few dollars but a lifetime worth of money. Pooling Agreements are always a must.
If you keep these 5 tips in mind prior to winning the lottery, then you shall be more prepared then lotto winning predecessors.
Less headaches, fewer complications and more enjoyment shall result from winning the lottery, which is how it should be when you hit it big.
The more advice you are able to absorb, the more prepared you become before winning the lottery, then the more fun you shall have playing the lottery.
Comments
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I did not know that losing lottery tickets are tax deductible, that is a great tip. Thank you very much!
Hee!
this five tips is really very useful and good indeed.
But you think applying these tips will so easy for new players ?
Very interesting topics to have a discussion. Although it is too far from reality.
I really liked the first one that learn to say “NO”. It is really keep away a lot of trouble from yourself.
Placing your tickets in a safe place that you can remember! So important. Just has a multimillion dollar winner here in Florida, never claimed the winnings.. unreal!
This is a great informational site for people that want non biased info on where to play blackjack!!!
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Good advice.
Yes, you can deduct your gambling losses up to the amount you win.
What are your thoughts about taking the annuity option?
Hi!
That’s a very informative article!
For more tips and advice on blackjack do checkout :
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Have a lovely day
Anna
that’s a very nice offer. Been using it a little now, quite nice.
I prefer the roulette though
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Thank you for the great information on lottery and Online Gambling
Hi!
That’s a very informative article!
For more tips and advice on blackjack do checkout :
online-casino-ratings.org
online-blackjack-casino.org onlinecasinobusiness.info onlinecasino-blackjack.info
Have a lovely day
Anna
Thanks for these tips! I always welcome advices like this and it helps me to be prepared and the more I get excited playing at www.bingohouse.com/
Great post - never realised lottery tickets are tax deductable!
Nice tips mate. Will definitely help people who’s getting started in this.
Cheers
This applies not only to lottery tickets, but other gambling income/losses too.
Back when I was a professional poker player my accountant told me that I could actually deduct my loses in the casino to offset my poker income.
It really helped at the end of the year since I’m very good at winning at poker, but no so good at the other casino games
Great tips, specially when a bunch a people want to bed in a big jackpot.
How to Win at Online Roulette
The roulette is the most predictable casino game in the world. Winning is not that difficult as compared with other game of chance. Other players developed their own strategies in placing the winning bet on the table. A good strategy must not only make winnings at a shorter number of spins but on the larger amount of spins.
If you will search for the best strategy, you will discover that all of these systems have been beaten. There is no single roulette system that is a hundred percent sure of the winning number on the next spin. How to win at online roulette is not a question of strategy or conventional methods used in determining the winning numbers - it is the question of what software that you utilized to obtain the highest possible chance on winning. There are no absolute rules that can be established on the techniques on how to win at online roulette. Remember that most of the roulette operators are privately-owned casinos. If all of their players are constantly winning, then they may have been gone bankrupt and goes out of the business. In searching for tips on how to win at online roulette, you must look for those people that have made constant winnings. Take into consideration the ratio of winners and losers. For every one thousand players, there is only one winner who has the strategy on how to win at online roulette.
And I can recommend to you a good roulette site as a source for more information and roulette systems.
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really a nice gambling blog..interest to exchange link?
These stories about people going bankrupt after winning the lottery or the jackpot are so popular because all the people who have never won anything love to read them…
These are great tips before the win. Haha learning to say no can be hard for anyone. If I may give a tip: Be greedy! After you win anyone who is bored or lazy will come seeking for your cash. Greed is the only thing that will hold your cash in your pockets. It’s your winnings slam your door shut
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Alisha
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