You have won a lotto jackpot, now what?

Many dreams about winning the lottery, but only a few have a precise plan of what they would do with the money once it’s in their bank account.
I will tell you what I would do if I won a million dollars in the lottery. It’s not such a farfetched sum to obtain but it is surely tangible once you have it.

First thing I would do I’d go to Amazon.com and search for all Warrant Buffet books written by him. I would then purchase them and study them for a month. To become an educated investor one must study hard and study from the best of the best.

Once I’ve finished with that I would follow his advice. As simple as that.

Warren Buffet is a billionaire and has built his wealth from a borrowed sum of $100,000.
Then he taught himself to invest and that hundred thousand dollars turned into a multi-billion business.
Imagine what you could do with one million.

Other options to use your lotto money

There are few more scenarios I would consider with today’s possibilities of the internet. With a base capital of one million dollars you could invest in compound real state funds, or as well go to BiggerPockets.com and study there for a couple of months before delving into the real estate world.
I’m talking about rentals. Owning several condos and renting them to young students or professionals would bring stable monthly income.

Third case scenario would be starting an online business in one of the four spheres that are extremely hot right now in the computer science circles.
One is crypto. Some blockchain and crypto idea could easily multiply your millions. Just look at those people who bought Bitcoin for five dollars per unit, in a day. They are millionaires now, as in a time of this writing one bitcoin is worth $6,354.

Second is AI. Artificial intelligence algorithms are highly efficient and applicable to many spheres of human life. AI startups surely get a proper funding and guidance in the world of business.

Third would be Cloud computing. Dropbox and Azure made billions of dollars to their creators. Cloud computing still remains a mystery to the majority of the population but it surely has multiple appliances not yet discovered just waiting to be brought to the mainstream public.

And fourth, the last but not the least would be Quantum Computers. Hardware or software, if you know a thing or two about quantum physics and engineering you surely make yourself comfortable with those super-intelligent machines. Developers in these fields make six-figure salaries but imagine if you could simplify and bring this technology to the tables of the majority, that would not only change the world in a drastic manner but also your financial status as well.
Whichever way you choose remember to be diligent. Discipline is what gets you to the goal, it’s always been blood, sweat, and tears behind every major success story.

So if you your lotto ticket has the winning numbers on them and now you have a million lying around consider these ways of action.
Good luck!