Have you ever thought of what you would do if you won the lottery? I know I have. I won’t describe myself as a gambler, but sometimes I like to think of what to would feel like to win the EuroMillions for example. I bet I would feel like I am sitting on top of the world. I had the opportunity to play the Lottoland lottery for the first time, a few hours ago, and I am currently keeping my fingers and toes crosses, hoping I win. And if I do win, I have it all planned out or I think I do.
There are many stories in the press of people who won millions and lost everything within months. If I ever win the lottery, I won’t want that to happen to me because it is easily done. Many people who win the lottery never thought they would, so they never really had a plan of wht to do with the money, and how to spend it. And when you don’t have a plan, you plan to fail.
Here are the first 6 steps i would take if I do win the £39 million:
I won’t go public
I definitely won’t go public. I don’t get why people do. You will just have everyone and their nan, lining up to have a share of your win, which will defeat the purpose of winning to sort out your life and those of your loved ones. I won’t tell a soul if I win the lottery, except close family members and friends. Some things are better left private, and this is one of them.
I will make a gradual transition
So I won’t shut down the blog and go blow the millions, lol. Everything in my life would remain as normal. I will keep working, and then I would transition to a millionire gradually, once my investments start to pay off.
I will go on a proper holiday
I will take my entire family on a proper holiday to an exotic location like Bahamas. I would probably fly us all first class, and stay in a heavenly resort or hotel.
I will get professional advice
I will get professional advice. I will definitely want to invest a good portion of the lottery win, and make the money work hard for me. So getting professional advice is the smartest move.
I will clear every debt
So mortgage and credit cards will be fully paid.
I will have a budget
Once the professional advice is out of the way, I will want to save a good portion of win, put some money away for the kids, invest a good chunk of it, and have some spending money for day-to-day life.
These are some of the first steps I would take if I do win the EuroMillions. I guess I will just have to wait and see if I ever do win.
What will be the first thing you would do if you win the lottery? Sound off in the comment section please.
Thanks for reading and have a great day.
*This is a collaborative post.