I always try to NOT spend the money I won and invest it instead. Totally agree that the risk is too high and it comes with some effort, right timed decisions and some strategy, of course. So I only spend it to buy things if I don't have any other option and if it's really necessary.
We have to be very wise with our money. It is okey if we wanted to invest it again and again but what is the point to do so over and over again? The sky is the limit! At least, use a half of the money for our daily needs and use the other half for investment.