Home to the latest information and tips about increasing your winning odds in lotteries!
Posted: Thursday, Jan 14,2021 | Time: 11:58 am | Edited by: The Lottery Lab Staff
Pumping up like Adrenaline!
The Lottery Jackpots have soared up to $850 million for Mega Millions and $730 million for Powerball. The U.S. Powerball and Mega Millions Lotteries have become the talk of the town with combined prize money crossing $1 Billion with no winner drawn in the last drawing on 15th and 16th January 2021. With the lottery fever sweeping all across the U.S. the next drawing is scheduled for Friday, January 19 for Mega Millions and Sunday, January 21 for Powerball.
Picture it, that one by one the winning numbers match the digits on your ticket. Your excitement is building up, with your heart thumping! After a few minutes of doubt, you gain back your senses and realize that you have won the Jackpot. And from this life-changing moment, there’s nothing to look back to.
The next question that arises, is what to buy with your lottery winnings?
Perplexing!
There's a lot you can actually!
Image Source: https://www.housebeautiful.com/
The final landscaping of this Gega-Mansion is on its way to completion. This mansion has an eye-watering price tag - $500,000,000 as in half a billion dollars. This huge sum of money will buy you a 100,000-square-feet, 20-bedroom compound perched high above Bel Air on four acres, with spectacular 360-degree uninterrupted scenic views. The huge mansion is the creation of movie producer turned prolific real estate developer Nile Niami and architect Paul McClean, who have taken seven hard years to construct this ultimate spec-home. Among its jaw-dropping features - a 5,500-square-feet master suite, 30 bathrooms, a 30-car auto ‘gallery’, five swimming pools, a 36-seat movie theater, a six-lane bowling alley, and naturally, a nightclub equip this mansion.
Image Source: https://www.mansionglobal.com/
Why buy a separate vineyard when you can get your own grapes right in the middle of Beverly Hills? This is exactly what real estate mogul Jeff Greene’s thought when he bought this spectacular, 25-acre Palazzo di Amore—or Palace of Love—for $35 million in 2008 and spent many more millions renovating it and planting vines. The mansion has a 35,000-square-feet main house with a 200-seat dining room, the Tuscan-style estate features a two-level, 15,000-square-feet entertainment ‘complex’ with a bowling alley, 50-seat movie theater, an extravagant ballroom with DJ booth and revolving dance floor, and parking for 150 cars.
Image Source: https://www.bettermcrbahamas.com/
When you have won a raging amount of money, you can definitely splurge on spectacular sugar-white sandy beaches with clear blue water and swaying palm trees. It is a fabulous 700-acre Private Island with a brand new 5700-foot asphalt Jet Airstrip. This tropical paradise includes a seven-bedroom hilltop estate with a guest house and a lavishing pool, along with a helipad, boat ramp, and dock along with over three miles of untouched beaches.
Image Source: https://en.wikipedia.org/
This luxurious car dominates the top spot on the list of the most expensive cars which can only be described as one jaw-droppingly stunning piece of handcrafted magic. It is a powerhouse of automotive design and engineering, the Rolls-Royce Sweptail is a one-off luxury peace made in the United Kingdom by Rolls-Royce Motor Cars.
Image Source: https://nomadandinlove.com/
Take some time off and travel across the world in the lap of luxury. You can opt for a trip that takes you to all of UNESCO’s World Heritage sites. The sights include the Taj Mahal in India, the pyramids in Egypt, and the Forbidden City in China as well as less known sights such as the painted timber houses in Halsingland, Sweden, and Cahokia Mounds State Historic Site in the US state of Illinois. In total, the trip may span 157 countries which may take two years, and stays in hotels such as Sandy Lane in Barbados, Hotel George V in Paris, and The Plaza in New York.
But an important point to mark here is to avoid becoming a rags-to-riches-to-rags-again statistic. Consider these tips on how to make the most of your lottery winnings without squandering them along the way -
You may manage your regular income but when your net soars out of the park, it’s a whole new game. You’ve got to take strategic players in your team. You should hire financial and legal experts for the appropriate settlement of your winnings.
Apart from the deduction held at the time of the lottery winning, you stand responsible for paying off the difference in the Income Tax deduction.
Before splurging your lottery winnings practice some smart personal finance and pay off your debts. This may include Credit cards, vehicles, school loans, and mortgages. If you are already debt-ridden, make the smart money moves, and invest in property or plan something to leave out as a legacy, or plan your children’s college ambitions.
After winning a heavy lottery winning cheque, we often tend to leave our jobs and dream of living relaxedly. However, we should take some time and go about our business or jobs so that we remain in a balanced and stable position.
Buy your lottery tickets now and wait for your luck to transform your life from rags to riches but in a wise manner. So, what are you waiting for! Pick your lottery tickets and start marking your winning numbers!
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