Lifestyle

6 Secrets About Playing the Lottery, Revealed by Players and Experts

7 min read
retirement bill
Photo by Robert Kneschke from Shutterstock
  1. Seek professional financial advice

Many lottery winners made this mistake after winning huge amounts. They started spending carelessly until they went broke.

Players and experts all recommend seeking financial help if you win. Financial professionals will guide you in the right direction as to claiming your payout and managing all your newfound money. Take the example of California Powerball lottery winners Mae and Marvin Acosta. Right after becoming one of the three lucky winners of the $1.6 million jackpot, they discussed with financial specialists to decide on a lump-sum payout, according to an NBC article.

See also: Seniors Should STOP Spending Money on These 4 Ridiculous Things

2 Comments

  1. When I buy a lottery ticket, I am buying a dream. The dream lasts until I hear the numbers drawn.
    I really don’t expect to win…..the most I’ve won was $4.00! But I have such fun deciding how
    to spend the money……who is in need of it and giving to my two favorite charities .

    1. Every time i purchase a ticket, I do it with the belief that my ticket(s) are the winner until I see the results, and feel really bad and then I say the same thing!

Leave a Comment

Your email address will not be published. Required fields are marked *

Get Smart Savings in Your Inbox

Join our readers getting a weekly roundup of realistic budgeting tips, product reviews, and money-saving insights. No spam, just value.

By subscribing, you agree to our Privacy Policy.