Wednesday 17 March 2010

Understand About Winning The Lottery


On 14 August 2010, Wilton House near Salisbury will be host to over one hundred sleek supercars. These examples of automotive engineering will be there at the invitation of the Earl of Pembroke and the organiser, Jay Broom. This is the second Supercar Day and is in aid of a local children’s charity.

Most of the members of the public who will come to see the exotic cars on the lawns will wistfully think about winning the lottery and buying similar vehicles for themselves. But do lottery winners really buy such vehicles?


Your experiences prior to a lottery win tend to colour your decisions after. Take Anthony Castro for example. He won $250 000 in the Idaho state lottery. Originally he lived in New York where he was shot in the head when 19 and left for Boise, Idaho, after the September 11 attacks. Initially he lived in a homeless shelter before finding a job, getting married, having children and then getting divorced. He observed, “After so much turmoil in my life, and the loss of my mother a year ago, this is truly a blessing for me. My dreams, everyone’s dreams, are coming true.” His decisions on how to spend the money are, perhaps not surprisingly, sensible: he has set up a trust fund for his daughter, donated money to his church and invested the rest.

Jennifer Southall of Newport, Gwent however decided to enjoy the experience. Winning £8 million on the British National Lottery, Ms Southall gave up her job as a cinema supervisor, is taking driving lessons before buying a “pretty red car,” will buy a holiday home abroad, is booking holidays abroad with her family and wants to buy a big house with a swimming pool to replace her council-owned home.

Initially the impact on Ms Southall was small. “When I went to have my ticket checked, Camelot gave me a bottle of champagne to help me celebrate, but I just went home and ordered a pizza. I still haven’t opened the champagne – I have never tasted real champagne in my life” she observed. She did go out on a shopping trip with her mother next day though and spent £1500.

The record European lottery winners, Nigel Page and Justine Laycock, were more deliberate with their £56 million winnings. Having bought a four million pound house in the country, they donated their four-bedroom house to Denise Kelso who had kept it clean for them over several years. Denise still cleans their new mansion too.

After fifteen years of the UK lottery draw, advice is readily available to new jackpot winners so they tend to be conservative with their spending choices. But they must have at least one extravagance they want to satisfy. One of the good things from playing the British National Lottery is it gives you the chance to think what you might do with the winnings. Should you be lucky enough to be at Wilton House on 14 August you might allow yourself a little dream. They do come true sometimes.

If you would like to know more about profiting from the lottery, please visit UK lottery draw.

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