Would you prefer to win a big prize once or a smaller amount every month?
I would prefer to win a smaller amount every month; this is also a good way to insure yourself. 🙂
@amyxx i prefer to win big at once. then i will be able to invest that amount somewhere. when the money comes in portions i will spend it on daily needs, not investing.
Hungry for knowledge 🧐
I agree with @anton it is better to win a large sum and then use that money wisely with investments etc. What is not a good idea is to win big and then spend money like it is going out of fashion like so many lottery winners have done. These guys ended up with nothing.
The other temptation will be to reinvest the winnings into more bets at the casino or wherever you gamble. This will be a slower way for you to lose everything (or maybe not if you place large bets) as it is unlikely that you will generate another big win from doing this. Bet smart and win smart!
I would go with a smaller amount every month. It's good to stable.
I would prefer the smaller amount every month. Since it would mean continuously gaining more and more money over time eventually ending up becoming a bigger prize.
Knowing myself; I'm good with small wins over time. I tend to become tempted to spend when I win big because I want to celebrate right away. On top of that; I think my plan for my winnings would be to allocate them for specific goals I have that I'm saving up for. That way I can enjoy my earnings and invest at the same time.
