How Lottery Winners Use Their Winnings

Once you’ve won a lottery prize, you’ll probably want to know what to do with your money. While most lotteries allow winners several months to claim their prize, you may want to consider deferring your cash until a future date. Depending on your preferences, you may also want to consult a qualified accountant to help you decide how to manage your winnings. Most people who win the lottery fail to realize how much tax they’ll be required to pay on their prize. To avoid the tax burden, you may want to consider receiving your winnings in installments over several years.

In order to attract more luck and win more frequently, Cynthia Stafford used several methods. She slept with her winning lottery number under her pillow. She also visualized winning the $112 million jackpot while meditating. The result was a win three years later. Cynthia Stafford credits the law of attraction, prayer, and visualization to her lucky break. She used the money to resolve financial issues in her family and to start a film production company. She still plays the lottery to this day.

One such lottery winner, Paul and Sue Rosenau, had an unusually kind heart. While winning the lottery is a wonderful feeling, it’s also important to give back. One lottery winner spent his winnings to help fight Krabbe disease, which attacks the nerve lining and often results in death within two years. Her charity efforts have made a big difference in the lives of countless people, including the people who have lost their loved ones to this disease.