Jackpot Alert! What Can You Buy With Mega Millions and Powerball Lottery Winnings!
Pumping up like Adrenaline!
The Lottery JackpotS has soared up to $750 million for Mega Millions and $640 million for Powerball. The U.S. Powerball and Mega Millions Lotteries have become the talk of the town with combined prize money crossing $1 Billion with no winner drawn in the last drawing on 12th and 13th January 2021. With the lottery fever sweeping all across the U.S. the next drawing is scheduled for Friday, January 15 for Mega Millions and Sunday, January 17 for Powerball.
Picture it, that one by one the winning numbers match the digits on your ticket. Your excitement is building up, with your heart thumping! After a few minutes of doubt, you gain back your senses and realize that you have won the Jackpot. And from this life-changing moment, there’s nothing to look back to.
The next question that arises, is what to buy with your lottery winnings?
There’s a lot you can actually!
The ONE, Bel Air, California
Image Source: https://www.housebeautiful.com/
The final landscaping of this Gega-Mansion is on its way to completion. This mansion has an eye-watering price tag — $500,000,000 as in half a billion dollars. This huge sum of money will buy you a 100,000-square-feet, 20-bedroom compound perched high above Bel Air on four acres, with spectacular 360-degree uninterrupted scenic views. The huge mansion is the creation of movie producer turned prolific real estate developer Nile Niami and architect Paul McClean, who have taken seven hard years to construct this ultimate spec-home. Among its jaw-dropping features — a 5,500-square-feet master suite, 30 bathrooms, a 30-car auto ‘gallery’, five swimming pools, a 36-seat movie theater, a six-lane bowling alley, and naturally, a nightclub equip this mansion.
Palazzo di Amore, Beverly Hills, California
Image Source: https://www.mansionglobal.com/
Why buy a separate vineyard when you can get your own grapes right in the middle of Beverly Hills? This is exactly what real estate mogul Jeff Greene’s thought when he bought this spectacular, 25-acre Palazzo di Amore-or Palace of Love-for $35 million in 2008 and spent many more millions renovating it and planting vines. The mansion has a 35,000-square-feet main house with a 200-seat dining room, the Tuscan-style estate features a two-level, 15,000-square-feet entertainment ‘complex’ with a bowling alley, 50-seat movie theater, an extravagant ballroom with DJ booth and revolving dance floor, and parking for 150 cars.
Blue Island, Exuma Cays, Bahamas
When you have won a raging amount of money, you can definitely splurge on spectacular sugar-white sandy beaches with clear blue water and swaying palm trees. It is a fabulous 700-acre Private Island with a brand new 5700-foot asphalt Jet Airstrip. This tropical paradise includes a seven-bedroom hilltop estate with a guest house and a lavishing pool, along with a helipad, boat ramp, and dock along with over three miles of untouched beaches.
HIRE LEGAL AND FINANCIAL ADVISORS
You may manage your regular income but when your net soars out of the park, it’s a whole new game. You’ve got to take strategic players in your team. You should hire financial and legal experts for the appropriate settlement of your winnings.
PAY OUT YOUR LOTTERY WINNING TAXES
Apart from the deduction held at the time of the lottery winning, you stand responsible for paying off the difference in the Income Tax deduction.
PAY OFF ALL YOUR DEBTS
Before splurging your lottery winnings practice some smart personal finance and pay off your debts. This may include Credit cards, vehicles, school loans, and mortgages. If you are already debt-ridden, make the smart money moves, and invest in property or plan something to leave out as a legacy, or plan your children’s college ambitions.
HANG OUT TO YOUR JOB
After winning a heavy lottery winning cheque, we often tend to leave our jobs and dream of living relaxedly. However, we should take some time and go about our business or jobs so that we remain in a balanced and stable position.
Buy your lottery tickets now and wait for your luck to transform your life from rags to riches but in a wise manner. So, what are you waiting for! Pick your lottery tickets and start marking your winning numbers!
Originally published at https://www.thelotterylab.com.