Over the years, we have seen some great success stories. Equally, there have been some cases where they have squandered their jackpot.
After failing to heed advice, they have gone on a spending spree with the unfortunate belief the winnings would last forever. The last thing you want is to find yourself with no money in 10 years’ time.
Some of the winners we’ve helped didn’t have much money to start with and it’s been really satisfying to see them make smart decisions with the money.
Many have been able to go on and enjoy some of their passions in life. It has enabled them to make choices, have greater financial freedom and achieve their goals – making the windfall a truly life-changing event.
Recently I spoke to TVNZ's 1News about a unclaimed $17 million lotto prize and here's Lotto New Zealand's advice for winners.
Craig Offwood is a Regional Manager at ANZ Private.
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