How to never run out of lottery money again

Even a prize like this $70 million Lotto Max jackpot will run out sometime!   Photo: Chatham Voice

It's happened. After a few weeks or months of playing the lottery, your ship came in.

You won a big prize in your lottery game - more than you ever imagined!

And after all the screaming stopped, your heart stopped pounding and you gained a few night’s sleep again, you sat down to think about spending it.

The first thing you did was pay off all your debts. If you're like most folk, you have a lot backed up.

Your house payments came first, then the car, then your cards.

And as you looked at all the zeros in your balances, a huge wave of relief swept over you. You are now debt-free and it feels really good.

For a few months, or years.

Then the realization hits you...

IT'S ALL GONE

You've spent all your winnings. That jackpot which started out as a massive sum, has turned into nothing.

That's right, you have nothing left. You paid your bills, spent a little, now it's all gone. So easy.

Now you have to continue at the job you left to keep living.

And after a short while, you wonder what advantage winning that prize was to you.

After a lotto win, any debt sucks all the value out of your winning position because you’re back where you started.

I'm talking about about winning a few million or less... not the giant $100 million prizes which are much harder to spend.

With smaller wins, you'll be surprised how quickly that money can get eaten up just by paying back loans and buying a few luxuries.

That's why most winners are broke in just a few years.

BUT YOU ARE DIFFERENT

Armed now with the knowledge that this will happen, you are going to take a different path.

Here's how it works.

In the finance world, a lump investment sum is called Capital. We're talking about your jackpot amount here. That’s your Capital.

You really need to use that as a money machine. Think golden goose.

So instead of spending your win, you invest it.

Now, the details of doing this are complicated in today’s complex financial world. But for the moment it's not important where you put it.

Just make sure wherever you invest it has some kind of government guarantee and you'll be fine. Your new accountant will advise you.

But the important thing - whether your win is just $100,000 or $1 million - is that you keep the bulk of it to invest.

And when that happens, you will get a steady stream of interest income that NEVER runs out. Then you use THIS AMOUNT to pay down your debts.

DO THIS: You use THIS AMOUNT to pay down your debts.

So in a year or two - maybe less depending on how much you win - you will be debt-free.

It's not as quick as paying it straight off with your win.

But the interest money will still keep rolling in for the rest of your life. As long as you protect the Capital by not spending it, you're set for life.

And better than that, you still have an incentive to enjoy life. Because spending huge lump sums is exciting at first. But when those sums run out, you have to return to drudgery and work.

This way you can enjoy life without worry for as long as you want. That's the real win-win!