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    The stories of the big lottery winners: how did the money affect them?

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    Winning the lottery is the dream of everyone who participates in lotteries, either regularly or randomly or once. There are people who come to the booths every week in order to choose the desired numbers and there are those who purchase such and such subscription plans that allow them to participate in every lottery without filling out the form every week - all they have left to check is whether they won the lottery today. If not - the expectation and hope for the following week pass. And what about these numbers that did guess the important numbers and won?

    The stories of the winners

    • A sixty-year-old winner who lives in the center of the country, filled out a form at a cost of NIS 35. Using an app on her mobile phone - she checked and discovered that she had won. According to her, she has been filling out and sending forms non-stop for three years and she is happy that her patience has paid off. The money she won she intends to close the investment channel in the bank.
    • A young couple, married with two small children, living in the south of the country won a huge amount of NIS 28 million. The investment amount was a total of NIS 64 in the double lotto form and the numbers chosen were the ones that came up in the lottery, including the strong number. The couple said after winning that the first thing they do with the money is buy an apartment for each of their children.
    • A 70-year-old pensioner who regularly fills out a form of lotto draws won a very handsome sum of NIS 14 million. After winning, he said he would divide the money between his children, who all live in rented apartments, so that they could each buy their own apartment. The form he filled out was special and had high chances of winning. He stated that he does not intend to use the money on a regular basis but to continue his normal life routine.
    • A sixty-year-old man from the Haifa area has been filling out a form regularly for a year and a half. As long as he didn't change the numbers, he said - he didn't win even a small amount. After he changed his fixed numbers, the winning came - in the amount of NIS 17 million. At first he even stressed his wife and did not tell her about it but told her that he won a much smaller amount.

    What can be learned from this about recommended behavior after a big win?

    From the above stories it can be learned that the winners maintained discretion and reached appropriate and informed decisions regarding their winnings. There is no point in spending the money before it is used effectively such as closing debts or repaying loans. Of course, it is recommended to leave a certain amount as liquid and use it to fulfill dreams, but it is important to do this without leaving the rest of your financial life in debt.

    It is highly recommended, as the winners whose stories were mentioned, to get advice from professionals regarding the appropriate actions to be taken with the money. Managing investments, transferring the money or part of it to other people and, of course, understanding in depth the tax payments required for such large sums of money, since no one has the knowledge of what to do with all this money.

     

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