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What happens after you win a lottery?

The statistics behind a typical state sponsored lottery makes it very profitable for the states that run them. The state typically gives out as prizes less than half the money that they take in, and they are free to change the rules to make it even more beneficial to the state.

The average lottery customer has dreams of wealth and luxury, and once in a very great while, the dream comes true. However, behind that dream is a reality that most lottery players don’t recognize. In fact, lottery players have a lot in common with the average dog. The average dog has an almost instinctive desire to chase cars, and would do so without thinking. However, if that average dog ever caught the car, the dog would not have any idea what to do with it, and their most likely response (barking at it or peeing on it) would likely do nothing to improve that dog’s life.

Like the average dog, the average lottery players will chase the dream of instant riches, but if the wish would ever come true, they would not have any idea of what to do with the money, and their most likely response (talking about it to everyone they know or pissing it away on a flashy lifestyle) would likely do nothing to improve that lottery player’s life.

There is no best response to deal with a life-changing monetary windfall, but for the average newly rich person, probably the best things to do are to stay quiet about their new wealth, find some competent financial and legal advisors (both of which should be paid a set fee for their advice), and consider some of the ideas below:

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