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Coping with the Big Win

Hitting a huge jackpot is every land and online casino gambler’s dream – whether you play the progressive slots or the lottery, the “big dream” is there every time you play. But what really happens when a gambler finds out that they have won that huge amount? The winning lottery numbers have been pulled, the symbols on the slots reel are aligned and gamblers discovered they are now instant millionaires. That’s the point that some land and online casino gamblers don’t consider – once you’re a millionaire there is a lot to consider – and problems don’t just go away because there is money present.

The latest Mega Millions winner, a lottery player from San Diego, hit a $47 million jackpot and took the lump sum payout of $32 million rather than installment payouts – most players choose this option…after all, you can then invest the money any way you please. But Todd Moitz now has some big decisions ahead of him – decisions that rarely occur to the dreamers playing the slots at online casinos all over the world. Moitz is lucky that his degree in financing will help him wisely invest the money, but often these large sums of cash come in windfall payments to individuals not as equipped to manage such a large sum of money.

Even with the headache that is very likely facing Moitz, and really any land and online casino gambler and lottery player winning such a large sum, Moitz is naturally thrilled with the win and has yet to make any real specific plans for his winnings.