Blog View

Winning The Lottery and What To Do When You Win

A lot of people could very well buy a ticket and win some cash, and take the money they won and call it a day. That is not really the best method to use, as consistent lottery winners have learned. In the event you play $1 and win $20, it's essential to put the entire twenty dollars that you have won back into the lottery to give you a chance at winning a bigger prize. Using this method, if you end up losing, you will have actually only lost that one original dollar that you used to buy that first ticket. This system has given some lucky winners multiple trips to the lottery prize office. Using your winnings to purchase more tickets will help lower your actual realized losses, much like if you buy a stock and it goes down your loss is not realized until you get out of that stock.