Smart Money
5 Financial Habits of Our Savviest Winners
Winning a life-changing jackpot is the start of a new journey, not the destination. We've had the privilege of seeing many of our players navigate this exciting new reality. The most successful ones—those who build lasting wealth and happiness—often share a few simple, powerful habits. Here’s what they are.
1. They Assemble a "Dream Team" Immediately
The very first step our savviest winners take is not to the car dealership, but to the offices of trusted professionals. Before making any major financial moves, they build a team consisting of a reputable lawyer, a certified financial planner, and a tax accountant. This team provides the essential framework for protecting and growing their newfound wealth.
2. They Create a "Cooling-Off" Period
The temptation to make big purchases right away is immense. However, wise winners impose a strict "no major decisions" rule for the first 6 to 12 months. This allows the initial emotional high to subside, providing the clarity needed to create a thoughtful, long-term financial plan rather than making impulsive choices.
3. They Plan Their Generosity
A sudden windfall often brings requests from family and friends. To handle this with grace and fairness, our winners work with their financial planner to create a "generosity plan." They decide in advance how they want to help loved ones, whether through gifts, trusts, or other structured means. This prevents emotional spending and protects relationships.
4. They Invest for Cash Flow, Not Just Growth
Beyond the initial excitement, long-term security comes from creating passive income. Smart winners don't just let their money sit. Guided by their advisors, they invest in assets that generate regular cash flow, such as dividend-paying stocks or rental properties. This strategy ensures their wealth continues to work for them for decades to come.
5. They Prioritize Anonymity
Where possible, our most serene winners choose to remain anonymous. They understand that their privacy is their most valuable asset. Staying out of the spotlight allows them to enjoy their new life on their own terms, free from the pressure and security risks that public attention can bring.