Dont freak out, collect your winnings and be calm
Winning the jackpot on a lottery draw can be a very exciting, exhilarating, frightening, and relieving feeling.But that sudden realozation can cause you to become a bit panicky or give you anxiety , or even make you sick to your stomach from the sheer thought of having won. You could suddenly find yourself sweating, feel your heart pounding or racing, notice your body shaking, and thoughts of mansions, yachts, and trips swirling about in your head.
Keep Calm and Collect the Cash
The one thing you do not want to do right now is have full blown panic attack. You really don’t want to put yourself through any type of medical situation just because you won the lottery. Keep calm and keep your head about you. You may immediately feel a giant weight pulled off your shoulders especially if you have been in a bad financial situation for a lengthy period of time. Panicking will make you lose sight of reality and set into motion the desire for things that will eat up your winnings faster than a dog getting a slice of pizza.
You may say to yourself, “I won the lottery! Now I can buy a mansion!” Really? Think about it You may have lived in a small apartment, barely able to make ends meet. But a mansion? You don’t need it and it’s actually a waste of money. Even a seven to ten thousand square foot home is not necessary. You realistically need a home that is large enough to give you that special feeling of freedom and comfort, but not so big that property taxes eat chunks out of your winnings. And yachts are not only expensive but expensive to operate and maintain. You haven’t even gotten the money yet, so these dreams are a bit premature. And cars? You need a new reliable vehicle that will get you to and from points A and B in comfort every time for a long time, not something that costs one hundred to two hundred thousand dollars because of a brand name or design.
Don’t think luxury and prestige. Think freedom and security. With proper financial advice and good planning, your winnings could take care of you and your family for the rest of your lives. You need to stay calm and do a mental check. You still have to get the ticket validated for the win. You still need to be declared the legal winner. And of course, you can’t spend one red cent of that money until the full amount or annuity payment gets deposited into your account.
Once you have your money, you need to still stay calm and take count of what you are about to do. It’s fine to start buying the things you want and taking the trips you have always dreamed about, but know that every dime you spend is coming out of your winnings. Until your winnings are making you money from investments or bank GIC’s, savings accounts, or other types of offerings, your new house and car, and that trip to Europe, are going to come right of your lottery windfall.
So even after you get your money, you can still be too excited and in a panic to think clearly and keep from blowing your money. So stay calm before and after your win, don’t panic over what you’re going to buy or where you should live. Take comfort in knowing that winning the lottery, with calm, exact planning and forethought, will let you and your family live a more free and unencumbered life without the worry of paying bills, having enough money for gas, or needing to repair your roof. Keep calm, use your head, and enjoy your new life.