The winner of the Powerball lottery stepped forward to claim his $425 million prize he won against the odds, but he didn’t do it in the way that many who win the jackpot do.
Upon realizing that he had won, he didn’t go around telling everyone he knew that he had just won the lottery.
He took the advice on the California Lottery’s website to find both legal and financial representation. Instead of getting paraded around to the news media and having to face the cameras all by himself, he hired a public relations firm to do all the talking for him. Although he was required to take a photo with the check he won, it didn’t mean that he had to show the world his face so that everyone would instantly recognize him.
It is sad that so many winners are broke and bankrupt within a few years so I hope all goes well for him. You have probably put a ton of money in tickets already, and your chances to win twice are close to nothing.
That car will still be there a month from now, if you decide you still want it after sleeping on it 30 times.
Many lottery winners end up broke, or worse, filing for bankruptcy, for wanting to live a life well above their means. Instead, if you invest and withdraw every month a portion of your nest egg, like the safe 4% withdrawal rate many experts recommend, your $5,000,000 can last forever, giving you a $16,666 windfall every month. A Senegalese migrant was one of 1,600 residents of the southern coastal town of Roquetas de Mar who won the recently drawn Spanish Christmas lottery. Every year Spain hosts El Gordo, (more officially known as the Sorteo Extraordinario de Navidad) the Christmas lottery where locals pay 20 euros for a chance to get rich. As the Inquisitr reported, the Spanish Christmas lottery had the largest payout ever back in 2014, when it was a bunch of Madrid residents who enjoyed the spoils.
This year it was the turn of 1,600 residents of the southern beach town of Roquetas de Mar, and a man named Ngagne was among the winners, who each get a whopping 400,000 euros ($437,600) as their share of the 640 million euros ($700 million) Christmas lottery jackpot. Ngagne, 35, is a Senegalese migrant who survived a perilous boat journey to Spain from Morocco back in 2007 and now lives with his wife in Roquetas de Mar. Speaking to the Spanish language newspaper La Voz de Almeria, Ngagne explained that he was among 65 Senegalese and other migrants who were rescued from a boat traveling from Morocco to the Spanish shores in 2007.
Quoting the International Organization for Migration, Newsweek writes that over one million refugees and migrants have entered Europe by sea in 2015.
With the current economic climate, massive unemployment and the effects of austerity in the country, the Spanish Christmas lottery has taken on an additional significance for the people in Spain.


The effects of this austerity and drastic budget cuts led to the ruling Partido Popular (People’s Party), while winning the general election in Spain last Sunday, failing to obtain the majority required to rule independently. The national average unemployment currently stands at around 21 percent, but in the winning town of Roquetas de Mar, stands at a hefty 30 percent. The Inquisitr recently reported on various Christmas-related commercial videos doing the rounds at this time of year, one of which was a moving and tear-jerking animated advert for the Spanish Christmas Lottery, included below. Raymond Buxton didn’t reveal himself immediately upon winning the lottery as so many winners do. Instead of trying to figure out everything on his own, he went out and hired an attorney to represent him and give him legal advice on his new-found fortune.
Instead, he deftly put the huge check in front of his face to obscure what he looks like to the world. This really could be life changing and do a lot of good with proper investing, and the fact that he is setting up a charitable organization is a great sign.
Those that are poor before winning don’t generally have the skills to handle that kind of money on their own, I suspect, and soon find that it is gone. He thanked both Spaniards and the Spanish government for rescuing him and helping him to survive in Spain. With his current win in the Christmas lottery, Ngagne and his wife now have a chance of a much better life. While the vast majority of migrants entered Europe via Italy or Greece, almost 4,000 managed to reach the shores of Spain, with some drowning in their efforts to enjoy a better life. This is now causing problems for Prime Minister Mariano Rajoy in forming a new government and the Socialist party, PSOE, who came in second say they refuse to work with Rajoy.
If you ever find yourself in the lucky situation of winning a huge amount of money, take some notes from B.
Instead of the letting the event control his life, he immediately took control of things so that he could control, as much as possible, the event by not letting others make the decisions for him and dictating what he should do.
He took advice, and from that he decided what he felt was the best course of action for using the money. It was the public relations firm representatives who gave quotes to the press and relayed his statement to the hungry reporters. This was likely another plan to keep himself out of the limelight and let the public relations firm handle the press. He didn’t announce that he would like to move to Beverly Hills and begin hanging out with the rich and famous.


He also took smart financial steps before the announcement that every lottery winner should take. Look for a professional to help you make the best decisions in accordance to your long term financial goals. We are providing you with 40 Illustration Layouts (10 to each page), that show playing cards like those used in a game of poker to illustrate how this system works. By keeping the news to himself at the beginning, he could control when to tell everyone and how the news spread. He now has a San Francisco law firm which will help him with the task of handling bank accounts, taxes and help him establish a charity that he wants to create to support pediatric health, child hunger and child education. He took the time to figure out how he would best like to spend the money and decided that it was by spending more time with family and friends, and start a charity. That still sounds to many ears like a huge amount of money, but after taxes you have enough for a new car and a new mini McMansion (average cost $250-500K a few treats and gifts for the family and it is gone and they can’t even afford the property taxes on their new home. But stay away from luxury car dealerships, realtors and anything that costs more than a few hundred. But now that you have paid debt and are in a much better position than you have ever been, you deserve to celebrate. A fee-only financial planner will have your best interests at heart as he won't be allowed to accept commissions from any product he advises you to invest in. The steps he took after winning the lottery give him a good chance of keeping his new-found fortune long-term, and not becoming one of the many winners that later have to file for bankruptcy. Tell a few close friends you can trust, or keep it between you and your family for the time being. The bank won't give you a better interest rate on your savings than the one you'll get for paying off your debt. Instead of immediately revealing himself, he took his time to get things in order before he came forward. Set an amount of the jackpot, 10% for example, that you will allow yourself to spend guilt-free.



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