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Just wondering how privacy works here.
Its the people that win and then complain that they are miserable that piss me off.
And I do love my family and some of my friends, but what they don't know (like a hot wheels slot car racing game nice sum of winnings won't hurt them.
You have to be an individual with a strong will, able to resist temptation.Then when the press release is done no one who knows you will recognize your new name, unless you told them.You have to mentally prepare for what is going to occurat least as much as you can.So anyway I was working at this company earning a fairly average (median) wage and saving every month.# :23 PM link edit Understand two things about the nature of lottery winners: 1) Most people who play are not wealthy.A couple posters have mentioned blind trusts, but the downside is that you, the owner, have no control over how money is invested (Enron?If you start buying everything for everyone, chances are high that they might expect that to last forever.Here is my advice from experience, if you are playing the lottery plan to win and put in writing what your plan of action well before you actually win so when you lucky day arrives you are already ahead.I just turned 21 and i've been practicing clairvoyance.When asked 'where did you get this money from?' my answer is 'my rich uncle died'.They think because the word 'blind' is in it, that it means its hidden or something.Trust 12:50 PM link edit.If youre not disciplined, you will go broke.Even if you decide to go the Living Trust route, which is better than nothing at all, talk to your banker about creating the trust.Definitely have a Cool name Trust set.
I have a lot of money in CD's and she is always asking to borrow money, but I know she would never pay it back.
I let slip that I had about 25,000 saved-up from the then current job and a previous one (a years wages).Winners get into trouble because they fail to address the emotional connection to the windfall.I am not promising anything!Well, that's for me anyways.The first big investment mistake is buying a big home.So they whack it on a credit-card at something like 16 APR.# 48 Lawrence 01:25 PM link edit Why even bother wasting your money in the first place?This person will help you set up accounts that keep your money growing in order to guarantee a safe income for you throughout your lifetime.My sister found that pre-paying both of her child's college education were actual tax shelters for that money as well as she had other tax benefits as being able to write of the amount at the end of the year and by the time her.
I don't mean to preach, but think about it man.
Supposedly some 70 of lottery winners end up broke again, many within a couple or few years.