Betting on some lucky numbers is fun. And most of the time, we do it without considering winning or losing. As a consequence, when we do win, we are clueless about how to spend the money, while some lucky people did win a lottery and managed to change their life for good. Here is a 10 Smartest Lottery Winners video from Listopedia.
Now that you have watched some inspirational figures, it is the time for you to explore what you desire the most.
Budgeting for a Business
Building a company out of lottery money may sound ridiculous, and it is. If you bet on some numbers and seriously expect it to be your source of establishing a business, then you are an irrational dreamer. That attitude will lead you to spend money unnecessarily.
However, if you win because of some random bettings, then you can consider the winning to budget your business. The key is not relying on the outcome. But if you turn out to be the lucky winner, then you must spend the money wisely.
The business trend these days is doing e-commerce deals. You only need an account on e-commerce platforms such as Alibaba or Amazon, and you can start selling items immediately. Use your money to budget an online store, and voila! You have a business to run.
Going for a Bucket List Trip
Everyone always needs something new and visiting a foreign country can be a way to make your life thrilling again. According to CNBC, average lottery winnings will grant the winner 200-700 million USD. You can surely plan luxury trips around the world with that money!
Since the opportunity is once in a lifetime, you should plan a journey as authentic as possible. For instance, you can go to rock concerts such as Soundwave, Download Festival, Coachella, Fuji Rock, and Tomorrowland. But make sure you like the lineups. If you go to Soundwave, for example, then you should take a glimpse on soundwave 2011 lineup so that you can evaluate whether the festival is worth your money or not.
Exploration journeys are also a good option. Cave exploration, sky-diving, and underwater exploration can be some activities that can start your new adventurous life. They can be time-consuming and exhausting, but they are very rewarding.
Spending the Money on Investments
What can be better than some money? More money! There are many startups these days, and you may end up as a stockholder for a multi-billion company in the next four years. The simple rule of investment is that the more money you have, the more chances you will get to invest. And to make profits out of stock investment requires the same degree of observation and luck a gambler has.
If you do not like risks, then you should hold into regular investments such as life or pension insurance. You can also try to get a higher education degree because professional certificates are also a form of investment. Trading currencies is also an option, and it has a similarity that resembles stock trading. All you need is some money to gain experience and become a capable trader.
