Have you ever thought about how your life would change if you won the lottery? Or what you would do with your winnings? Have you ever wondered how it would change you as a person? I expect that many of us have fantasized about hitting the jackpot, confident that our woes in life would then be over. However, I’m not convinced that it would be quite that easy.
Of course there are plenty of perks to winning a boat load of cash. Having debt of any kind; credit cards, student loans, mortgages; would suddenly be a thing of the past. Traveling the world would no longer take much planning or saving since you’d have a seemingly endless amount of money at your fingertips. Acquiring millions would also afford you the luxury of owning all the toys you might want; fancy cars, boats, vacation homes. Winning the lottery could be a game changer for not only the person with the big ticket, but for the family and friends closest to them. But it’s hard to say whether this is a winning game or a losing game.
Believe it or not, there is an ugly underbelly to all the glamour and excitement. The allure of a chance to win, no matter how slim, is what often draws people in. And if a person is already struggling with finances, the last thing they can afford is a pipe dream. But those struggling are the ones in most need of money, and therefore are the ones who are more likely to buy lottery tickets, contributing to their incessant financial struggle. And what if said person did win big? Coming into so much wealth so quickly may be a shock to the system and put a strain on relationships. Old friends and family may crawl out of the woodwork hoping for a piece of the action. Strangers may come from near and far with every type of sob story imaginable, true or false, in search of a hand out. Lawsuits and scams become more of a possibility. A big lottery winner could easily become a target for all types of nasty things.
If you have the idea that money is limitless and has no end, then you’re most likely living in a fantasy world. For the majority of us here on Earth, money is not endless. If you were to go from having very little financially to having millions, it could be easy for a false sense of reality to set in. If you’re not smart with your cash, no matter how much cash it is, it can eventually run out. A big house here, a new car there, vacations every other week, and many expensive meals and fancy clothes in between. Pretty soon the well is going to run dry and it’d be back to square one for you. You wouldn’t pass GO, you wouldn’t collect $200, you’d be right back in the financial pickle which you began. And possibly in an even bigger pickle. This time you may be completely bankrupt without even a nickel in your pocket. Squandering away riches on an overly lavish lifestyle could be easy to do if you become money-drunk.
Though it may not sound like it, I don’t think that winning the lottery is a bad thing. Heck, I even buy myself a ticket from time to time from buy lotto online. I do think, however, that it’s important to remember that being wealthy wouldn’t solve your every problem or be the key to ultimate happiness. If you ever do strike it rich, try to keep perspective and be humble. Find a good, trustworthy financial advisor to help you invest your money wisely. Be smart and try to live below your means. Perhaps find a worthwhile charity with which to share some of your money; sharing your wealth would be benefiting those in need and it may also help to keep greed at bay. I don’t believe that money is the root of all evil, I believe that greed is the root of all evil and, unfortunately, money and greed often go hand in hand.
So go ahead and have a little fun with it. Buy yourself a lottery ticket from time to time. Just remember that if you do strike gold, don’t lose your head or your sense of self in the process.