It is no longer a secret that there are more and more channels to become billionaires through gambling and state gambling. Every time new products are being made, and others are updated, so that you have a stroke of luck and radically change your life. As simple as that. If you are the holder of a winning ticket or ticket in one of the many raffles that are held each week, surely you no longer have to worry to go to work, much less to contain your expenses. You will have life resolved, perhaps even forever.
You will only have to meet a few requirements to join the list of people blessed by fortune. In the first place, and as is logical on the other hand, participate in the raffle through the amount that you consider appropriate, or at least the budget that you have designed for the month allows you. And the most important thing, and at the same time more difficult to fulfill, that you are awarded with the main prize of the raffle or game. If so, your problems will be different from now on. But, of course, that much more bearable for your personal interests.
With all security, that the award you get will help you cancel the debts incurred, even cover the odd economic hole, and you no longer need any bank to advance your payroll. Instead, you will begin to enjoy a life of luxury and comfort, which you have only seen in North American movies. Not in vain, you will become a new social class, that of the new rich.
Lottery and gaming taxes
You will only have one problem, and not a minor one. All the money you earn through these recreational activities will not be entirely for you, far from it. You will have to pay many amounts to the treasury. You will have no choice, even if it bothers you a little. All prizes, for amounts greater than 2.500 euros, will be taxed at a rate of 20%. As a consequence of this tax measure for the game, if you are awarded a prize of 100.000 euros, you will not receive this amount, but it will be 80.000 euros, after deducting the taxes corresponding to the current regulations. Apart, of course, from the amount you declare on your next income statement.
Gambling tax, on the other hand, will not have to be paid at the bank or tax authorities, but it is already discounted at the precise moment you collect it. This will mean that this unexpected gift is not as sweet as how much you found out that you had been the recipient of this award. And that as the amount is higher, the discount through tax will also be higher, although under the same percentage.
How to invest the jackpot?
However, all the money that you leave with the Treasury can be recovered, and in excess. Surely this approach will surprise you and you are wondering in what way. Well, very simple, investing the entire prize in a product for savings or investment. And that you can make it profitable from a minimum of 5%, and up to the maximums that mark the evolution of financial markets, or the success of your decision.
As it is money that you did not have, you may the best option is to invest it entirely in equities. Although through various investment formats. One of them, the one with the greatest security and protection for the unexpectedly acquired equity, is based on opting for a security that has a high dividend yield. Around 6% can be a percentage that meets your expectations, and that will be what you will be paying for this money every year, and regardless of the evolution it may have in the stock markets. You could have an additional increase in profitability for this concept.
You take positions in the stock market
The stock market is the fastest way to make the operation profitable, and you can even go to the international markets with the best performance this year. Although under higher commissions. From this scenario, and if the investment moves in an upward trend, it will be able to obtain close to 20%. That is to say, you would have annulled the effects of the payment of taxes after the concession of the succulent prize.
Another alternative you have is to continue risking. And what better way than in the most sophisticated financial products on the market. Warrants, exchange-traded funds or credit sales can become one of your main choices. The risk will always be much higher, but in return the reward will also rise.
And who says if you can't push your luck again? Your life is covered, and it is worth obtaining, for example, a profitability close to 50%. It is very high, true, but through the inverse products it will not be impossible, not even these percentages. The point is to make a good choice in the equity markets.
Moderation with funds
If you do not want to risk all the gains obtained in the game, you have in the investment funds a resource at your fingertips to expand the benefits of the prize. Certainly the gains will not be as high as in the previous investment format, but at least you will protect it against possible losses in the constituted equity.
If you are a more aggressive investor, you can choose funds based on equities, either international or emerging, with which you can formalize increases of between 10% and 20% on the invested capital. If despite everything, You do not want to expose yourself excessively, you will always have as a resource to go to the mixed funds, which are combined with financial assets from fixed income. Although your earnings will drop significantly, usually moving in a range that goes from 5% to 10% as an annual return.
And you will always have as a last resort products made up entirely of fixed income, and that rarely generate returns above 5%. Although, on the contrary, your money will be more insured, and you will avoid the instabilities of the financial markets. With the important advantage that you can choose from a wide variety of funds, both national and outside our borders.
Save them in a term deposit
If you no longer want to continue tempting luck, and what you really want is to have the money with a minimum return, you have the best banking products in term deposits. Not in vain, you do not risk anything in your heritage, and you can obtain an important reward as a result of the high contributions that you are going to provide to your deposit.
You should look for the most profitable deposits that some entities have been developing, which offer up to 2% on products for new customers, or at least formalized in its promotion. However, they will have very short terms and rarely exceed 6 months. You can even opt for deposits linked to equities as a formula to improve these margins, and get closer to the 5% barrier.
And, if you want to scratch a little more in the benefits, hiring a high-paying account may be the last solution to increase your wealth with greater security, and that will bring you annual benefits of around 2% in the most profitable models provided by financial institutions. And all this through a product, which does not require special conditions, and which provides immediate and total liquidity to your balance. As a consequence, you will be able to enjoy the prize at any time, and without limits.
7 tips to make the prize profitable
In any case, to expand the patrimony generated by the prize obtained in the game, it will not hurt to add a series of recommendations that may be very useful for your interests. And that will surely help you build an even greater heritage than you have up to now. You will only have to be receptive to any of the following proposals.
- You will be in a better disposition to risk more on your investments, and as a consequence of them, you can opt for more aggressive products that would generate high performance in the most favorable scenarios.
- It will be the most suitable time for streamline operations, and allocate them to the short term, so that little by little the balance of your checking account goes up. In your current situation, it does not make any sense to extend operations beyond 12 months.
- With as much liquidity as you have, it is always variable income is more advisable than fixed income, since you will cover your objectives in less time, even if some of the investments made may fail you.
- If your intentions is protect part of the capitalThey have it very easy, since you will only invest 50% of the price, and the other half can be used to enjoy the pleasures of life, which are many.
- That you are a millionaire does not mean that you should abandon protective measures for your investments. If not, you must multiply them so that part of the profits obtained from the prize obtained goes down the road.
- You must set a minimum objective to try to achieve it in reasonable terms, and based on this, have an even more tempting capital. And that in this case, it will allow you to live on income throughout your life.
- Through different investment strategies (periodic interest, dividends, etc.) you will be able to constitute a source of fixed and guaranteed income during all the years. With a yield that will normally oscillate between 2% and 6%. It is not a bad idea to make a good profit from this award that you have been awarded.