Lotto success has revealed that many grand prize winners have lost their respective lottery wins in a short amount of time.
Learn how one huge lottery winner plans to increase his fortune, by being smart with his money.
During the year of 2005, a 34 year old man named Brad Duke was able to win the 220 million dollar grand prize in the Powerball latest lottery winner contest located in the USA. Brad accepted 85 million of the 220 million in one lump sum. But even with millions of dollars he never had before he just wasn’t satisfied.
He was a manager of several gymnasiums and he was determined not to end up like the other lottery winners that have lost their entire winnings on useless expenses. Several grand prize winners have lost their lottery jackpot in a short period of time. Most of them would retire from their jobs and spend their winnings on the usual expenses such as expensive vacations, upgrading the vehicles and buying a couple of houses for their families. Their winnings would eventually fade away in a very short time.
Such is not the case with Brad. He basically wanted to increase the amount of his winnings because he was determined to become a billionaire in less than ten years. He stated that he wanted to multiply his winnings and he wants to make the most of this situation. He even created a team of financial experts to help maintain the earnings that would enable him to reach the 1 billion dollar mark and he wanted to do it in ten years or less.
Becoming a billionaire in ten years is a very ambitious goal. Unlike the other winners that was more focused on spending their winnings as fast as they could. His secret was in delaying his dreams for a future date. He was thinking more of the future than his current financial situation. Brad was still able to accommodate 17 of his friends to a trip to Tahiti.
Brad was able to tell the world how he won the grand prize. He stated that he was able to intensify his winning combinations over a period of time. Over the past six months before winning the grand prize, he was able to study and research the Powerball combination of numbers. He took notes on the 15 numbers that are commonly drawn over a period of time. He used his notes and made several changes and soon he was winning small amounts up to 500 dollars.
After winning the grand prize, Brad made several substantial investments in real estate, oil and gas. He was also able to invest in less riskier investments such as municipal bonds.Currently he is doing a superb job with his goals. He was able to raise the amount to 200 million dollars and his path to becoming a billionaire is certainly on the right track.
http://www.articlesfactory.com/
