{"id":68460,"date":"2025-08-16T03:04:32","date_gmt":"2025-08-16T07:04:32","guid":{"rendered":"https:\/\/queonnda.com\/dont-let-it-happen-to-you-how-can-lottery-winners-avoid-losing-everything\/"},"modified":"2025-08-16T03:14:52","modified_gmt":"2025-08-16T07:14:52","slug":"dont-let-it-happen-to-you-how-can-lottery-winners-avoid-losing-everything","status":"publish","type":"post","link":"https:\/\/queonnda.com\/en\/dont-let-it-happen-to-you-how-can-lottery-winners-avoid-losing-everything\/","title":{"rendered":"Don&#8217;t let it happen to you: How can lottery winners avoid losing everything?"},"content":{"rendered":"<p>Winning the lottery may seem like a dream come true, but for many, it becomes a nightmare. Studies show that 70% of lottery winners lose their money in less than five years. &#8220;The problem is not receiving millions of dollars overnight, but not knowing how to manage it,&#8221; warns financial expert Robert Pagliarini in <a href=\"https:\/\/forbes.com.mx\/\" target=\"_blank\" rel=\"noopener\">Forbes<\/a>.<\/p>\n<p>If you are part of the U.S. Hispanic community and dream of winning the jackpot, or just want to be prepared, <a href=\"https:\/\/queonnda.com\/en\/\" target=\"_blank\" rel=\"noopener\">Qu\u00e9Onnda.com<\/a> explains how to avoid the most common mistakes of winners and ensure that your wealth lasts a lifetime.<\/p>\n<h2><!--more--><\/h2>\n<h2>1. Do not announce it to the world<\/h2>\n<figure id=\"attachment_14505\" aria-describedby=\"caption-attachment-14505\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14505\" src=\"https:\/\/queonnda.com\/wp-content\/uploads\/2025\/03\/ganadores-loteria-ok8.jpg\" alt=\"lottery\" width=\"1200\" height=\"800\" \/><figcaption id=\"caption-attachment-14505\" class=\"wp-caption-text\">PHOTO: Envato<\/figcaption><\/figure>\n<p>One of the worst mistakes you can make is telling everyone about your lottery win.<\/p>\n<p>When the news gets out, the problems start: from friends and family asking for &#8220;loans&#8221; to scammers trying to cheat you.<\/p>\n<p><strong>What to do?<\/strong><\/p>\n<p>Check to see if your state allows you to claim your prize anonymously. In some states, such as Texas and Florida, you can hide your identity.<\/p>\n<p>If you must give your name, change your phone number and protect your information on social networks. Only inform the people you are closest to and trust.<\/p>\n<h2>2. Hire a team of experts<\/h2>\n<figure id=\"attachment_14507\" aria-describedby=\"caption-attachment-14507\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14507\" src=\"https:\/\/queonnda.com\/wp-content\/uploads\/2025\/03\/ganadores-loteria-ok9.jpg\" alt=\"lottery\" width=\"1200\" height=\"800\" \/><figcaption id=\"caption-attachment-14507\" class=\"wp-caption-text\">PHOTO: Envato<\/figcaption><\/figure>\n<p>Lottery winners are often victims of bad financial advice or their own inexperience. To avoid falling into traps, it is key to hire a team of professionals to guide you.<\/p>\n<p><strong>What you need:<\/strong><\/p>\n<p>A lawyer specialized in taxes and inheritance.<\/p>\n<p>A financial advisor to help you invest your money wisely.<\/p>\n<p>An accountant to take care of your tax obligations.<\/p>\n<p>Many winners think they don&#8217;t need help, but managing millions is not like managing a regular salary. A good team can make the difference between making your money grow or losing it all.<\/p>\n<h2>3. Plan before you spend<\/h2>\n<figure id=\"attachment_14509\" aria-describedby=\"caption-attachment-14509\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14509\" src=\"https:\/\/queonnda.com\/wp-content\/uploads\/2025\/03\/ganadores-loteria-ok10.jpg\" alt=\"\" width=\"1200\" height=\"800\" \/><figcaption id=\"caption-attachment-14509\" class=\"wp-caption-text\">PHOTO: Envato<\/figcaption><\/figure>\n<p>It&#8217;s tempting to go out and buy exotic homes, cars and trips, but without a financial plan, you could run out of money quickly. Don&#8217;t fall into the trap of impulse spending.<\/p>\n<p><strong>Key tips:<\/strong><\/p>\n<p>Before spending a single dollar, wait at least six months. Use that time to learn about investing and financial management.<\/p>\n<p>Allocate only a small percentage (no more than 10%) to luxury purchases.<\/p>\n<p>Invest in real estate, mutual funds and other assets that generate passive income.<\/p>\n<figure class=\"wp-block-pullquote\"><blockquote><p style=\"color: #fd9737;\">Winning the lottery may seem like a dream come true, but for many, it turns into a nightmare<\/p><cite>QueOnnda.com<\/cite><\/blockquote><\/figure>\n<h2>4. Take care of your money<\/h2>\n<figure id=\"attachment_14511\" aria-describedby=\"caption-attachment-14511\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14511\" src=\"https:\/\/queonnda.com\/wp-content\/uploads\/2025\/03\/ganadores-loteria-ok6.jpg\" alt=\"lottery\" width=\"1200\" height=\"800\" \/><figcaption id=\"caption-attachment-14511\" class=\"wp-caption-text\">PHOTO: Envato<\/figcaption><\/figure>\n<p>The IRS takes a significant portion of your award.<\/p>\n<p>Depending on the state you live in, you could pay up to 40% in taxes on your earnings. Also, scammers are always on the prowl.<\/p>\n<p><strong>How to protect yourself?<\/strong><\/p>\n<p>Consult with an accountant about the best tax strategies.<\/p>\n<p>Consider receiving the award in annual payments instead of a lump sum.<\/p>\n<p>Never sign documents or make investments without consulting your advisory team.<\/p>\n<h2>5. Create a fund for the future<\/h2>\n<figure id=\"attachment_14513\" aria-describedby=\"caption-attachment-14513\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14513\" src=\"https:\/\/queonnda.com\/wp-content\/uploads\/2025\/03\/ganadores-loteria-ok11.jpg\" alt=\"\" width=\"1200\" height=\"800\" \/><figcaption id=\"caption-attachment-14513\" class=\"wp-caption-text\">PHOTO: Envato<\/figcaption><\/figure>\n\n<p>To ensure that your fortune lasts, you need a safety fund to back you up for the long term.<\/p>\n<p>Many lottery winners end up bankrupt because they did not plan for the future.<\/p>\n<p><strong>Intelligent strategies:<\/strong><\/p>\n<p>Place a portion of the award in high-yield savings accounts.<\/p>\n<p>Invest in a retirement plan to ensure your financial stability.<\/p>\n<p>Consider well-planned charitable giving to reduce taxes and help your community.<\/p>\n<p>Winning the lottery is a dream for many, but it can also turn into a nightmare if you don&#8217;t manage your money well.<\/p>\n<p>The key is discretion, financial planning and having experts to help you make smart decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Winning the lottery may seem like a dream come true, but for many, it becomes a nightmare. Studies show that 70% of lottery winners lose their money in less than five years. &#8220;The problem is not receiving millions of dollars overnight, but not knowing how to manage it,&#8221; warns financial expert Robert Pagliarini in Forbes. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":14516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[54,148],"tags":[489],"class_list":{"0":"post-68460","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-lottery","9":"tag-economy"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lottery winners: Avoid losing everything<\/title>\n<meta name=\"description\" content=\"You won the lottery, now protect your fortune! 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