Betting on Lotto is very popular here in our country. While scrolling on YouTube, I stumbled across a video about people who won the lotto but eventually lost all their fortune quickly through mismanagement or ignorance.
I cannot post the video as it is in our native language, but one of the examples is one guy who loses his millions because of overspending. He realizes all that he wants: luxury cars, houses, and jewelry and spends it on casinos, thinking he can make more money.
Another one is setting up a business that he does not know how to manage, he spends millions on this business venture but eventually folds up, and he loses all his fortune because of mismanagement.
Another winner is he entrusted his winnings to his relatives to claim because he did not know how to read and write and had no valid ID; he only got 20% of his total winnings because his relatives told him because of a deduction in the form of taxes.
With all these examples, do you think it is important for gamblers to have a do list in case they win a huge amount, and what are the first steps they should take?
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On the moment that you would really be having those huge winnings then the main thing that comes up into your mind is that those money do came from thin air on which it is simply not really that coming from hard work
and this is why you would really be having those thoughts and impressions into your mind that you could really be just that simply be able to earn that back on the moment that you do bet on lottery again. You would be having in mind that you do have tons of money on which you wont really be easily find yourself that getting bankrupt so easily. Yes, you would really be spending like a mad man but we do know that there's no such thing about that unlimited funds on which on the moment that you would really be that careless on dealing up with this then time comes that everything would be losing all.