Archive for September, 2014

Managing Your Lotto Winnings

Sunday, September 28th, 2014:


It’s the most exciting part of playing lotto games – winning. You have been playing a system and lotto-winnings-3playing it regularly when your numbers come up. You realize that you are the winner of a large jackpot. It’s all too common for lotto winners to spend their winnings too quickly. You need to make sure that you are careful with your prizes.

There are several known instances of lotto winners running through the entire amount of their winnings within six months or a year and ending up broke. A lotto jackpot win can bring instant wealth, wealth that most are not used to. As a result, they go on spending sprees buying all of life’s luxuries. They will buy new homes and cars and take lavish trips and before they know it, they have gone through a sizable chunk of their winnings.

Upon winning a large jackpot, a winner must have a plan. Otherwise, he or she will end up like the numerous others who have squandered away their fortunes. Once you have verified that you are a winner, you should immediately meet with an attorney and a financial professional you trust. These two will play a big role in how your new wealth will affect you.

lotto-winnings-2Make an agreement with your attorney, the financial person, or your family that you will not spend any of the winnings for a period of three to six months. During that time period, figure out exactly what you will do with the money. You can pay off debt, including mortgages, set up trusts for your children, or donate to worthy charities. Only after you have done the things that will benefit you and your family the most long-term should you begin to enjoy spending on luxuries.

Winning can catch people out

So many people have won a lot of money on the lottery, only to squander it all in a few years and left with nothing to show from it. When somebody goes from having little to no money to all of a sudden having vast amounts of life-changing money, it can soon be frittered away on expensive luxuries. This is why anyone really needs proper financial advice, so they can ensure that they spend wisely and make the money last for a long time rather than reach that peak of supposed financial freedom, only to lose it all.

While the chances of winning a lotto jackpot big enough to change your life are very small, if youlotto-winnings-1a play the lotto regularly then you are giving yourself a much better chance of doing this. So to be prepared makes a lot of sense, even if it just means that you have somebody in place that can give you the kind of advice you need to make the best out of your winnings.

While it is always good to listen to your family, it is often best that you seek the advice of a professional financial advisor. While family members will have the best intentions when giving you advice, it may not always be the best advice for you to follow. So speaking to a professional who knows exactly what you should be doing to make your money last is the best advice you could be given if this ever did happen to you.

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The Biggest Mistakes Made When Playing Lotto

Sunday, September 21st, 2014:


lotto-mistakes-1aThere are millions of people who enjoy playing lotto games. The thrill of winning and the chance to win a life-changing jackpot attract many to the lotto. However, many people make a number of avoidable mistakes when playing, and they could really improve their chances of winning more simply by following a few simple methods and eliminating these mistakes.

Most people who play lotto games do not play consistently. They often skip around and play for a week and then take a week off. One week they may play a certain game, but a few weeks later they begin playing a different one. The key to having success at lotto games is to play consistently. Follow a system and stick to it. That requires playing on a regular basis.

A very common mistake people make is giving up. They begin using a system and do not see any results in a week or two. Their response is to give up. Remember, one of the keys to having success at lotto games is to play on a consistent basis. Do not give up just because you haven’t been successful yet. Re-evaluate your system and continue playing regularly.

Many people will maximize their odds by buying a larger number of tickets. This is one of the lotto-mistakes-2easiest ways to increase your chances at winning, because more tickets allow you to play more combinations of numbers. What many people do when they want to do this is join a lottery group. As a group, you can buy more tickets than one person can alone. This will give you a better chance at success, even though you will have to share your winnings with the group.

Play lotto online to fine tune your strategy

In order to fine tune your strategy and optimize your chances of winning more, you should start playing some of the online lotto games. There are many available now and they will enable you to play on a much more regular basis. Some services hold games every day of the week, so you will be able to really see how well your strategy does and then change it around if required until you find the optimal method for you.

lotto-mistakes-3aYou can also join more than one online lotto service, so you could even try out different strategies side by side to see which one works the best. You may think this will be expensive, but there are some services such as iLotto that offers a free daily lotto game, and you can still win prizes without having to pay any money for your games. This is the ideal solution for you to really test different things and make sure you get your strategy working as well as possible for you.

Once you start to play more and get more experience you will quickly learn what mistakes you should be avoiding. Of course you will make them initially, but this is all part of the learning process. You can then use this experience to ensure you are playing the best you can every time you participate in any lotto game.

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How to Play the Lotto Successfully

Saturday, September 13th, 2014:


play-the-lotto-1aIf you have never played the lotto before but would like to try, there are some things you should know before you start. There are many different lotto games to choose from and you should try a few different games that you think you may like. Then you can consistently play those that you enjoy the most, and also that you feel you can do the best at. If you want to improve your chances for success, there are some strategies that you should be aware of.

As a beginner still learning how to play, consider spending two to four hours each week learning the lotto game that you like the best. Study how to play the game and also try to find out how others that play the same game and have been successful at it also play. Make sure that you know the odds of winning and then find ways to increase the odds in your favor. Collect data, like past results, and study them to help you choose numbers to play.

You should also consider how often you will play. It may be once or twice a week, or even more. Whatever you decide, just make sure to be consistent. You should also consider not playing on the days that are most popular. Saturday, for example, is a popular lotto day. Your chances for play-the-lotto-3awinning decrease as more people play. You can also look at online service such as iLotto that offer free games every day. This is an ideal opportunity to try out your methods, and also give yourself more chance of winning too.

How much to spend on playing the lotto

Another thing to consider is how much money you will play in the lotto. You do not want to spend too much and put yourself in a bad financial situation. If you spend too little, though, you may not have the best chance at winning. The good thing is that you can still have fun and be successful at the lotto without having to spend too much money, so it should never develop into a large expense for you.

As a general rule, start off small so you can test out your different methods and then when you find one that does better for you then you can think about increasing the amount you spend. You can always play the free games offered by services such as iLotto also, which will also give you the opportunity to win some prizes while you are testing your methods.

play-the-lotto-2aYou should not be afraid to experiment with your lotto systems too, and if you feel that something might work better then give it a go. There is no one set way to play the lotto, a lot of it will be down to pure luck, but you can certainly improve your chances by trying different things so it is always worth testing out different methods when you can.

You should always record your results whenever you are testing out a particular method, as without having any data to look back at you will not be able to make any real determinations of how well it is doing. Give each method you try time enough for a pattern to be able to establish itself and make clear one way or another whether it is working for you.

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Why You Should Consider Playing the Lotto Online

Sunday, September 7th, 2014:


lotto-online-3aWith lotto being such a popular pastime for many people, it is of little surprise that it is now being made readily available online. Many aspects of modern day life have largely moved online, and the internet is now one of the first places we turn for a lot of services.

Before online lotto services were available, players were happy to go and purchase their tickets from the local stores, and many people still do this. It may still be convenient for people as they can purchase their tickets when they go and do their weekly grocery chopping. But this does have its limitations, and there will always be times when people are just too busy to go out and buy their tickets.

To ensure that you never miss a game, you should really consider joining one of the online lotto sites and playing the games on the internet. Of course, you should always use your due diligence before signing up to any service, as there are a lot available and some are not as good as others. You want to make sure that any services you do consider have a good reputation and offer a safelotto-online-2 and secure place for you to play.

Additional features with online lotto services

One of the benefits of playing the lotto online is that many of the lotto services will offer additional features for their members. It is a very competitive market now, so they all try to find ways of bringing in more members to their sites. This will only benefit you, as you will be able to find some really good quality services that offer some excellent features for their members.

One of the things you will be able to find with some online lotto services, is the ability to play lotto for free. If you look at services such as iLotto, they offer free games for their members, plus a weekly game for a $1,000,000 jackpot. For the daily games you can’t win cash, but you can win things such as laptop computers, iPhones and iPads.

lotto-online-1aAnother great benefit that iLotto, and some other online services offer too, is the ability to play every day. This is something that you couldn’t do when you played the regular lotto, but now that the internet can give you the ability to enjoy your lotto on a daily basis. This of course will increase your chances of winning, and allow you to practice any strategies you may want to use.

Many of the bigger online lotto sites can also be accessed and used on mobile devices. This provides another level of convenience for you as the player. You can play the lotto on your phone or tablet, and ensure that you do not miss any of the games. You can also purchase your tickets for any game from your mobile device, and withdraw any winnings you have in your account too. These are just some of the benefits you will gain from playing the lotto online.

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