Best ways to invest after winning the lottery

Imagine a situation where you bought a lottery coupon, thinking nothing of it – you didn’t think that you would win; you just bought it for fun. However, once the awaited results arrive, it turns out that you have won a significant sum of money.

You weren’t expecting this, so you didn’t really think about what you will do with the money. In the end, you decide to invest it.

However, this raises another question – what is the best way to invest the money? Well, that’s what we will be discussing in the article below, so stay with us in order to find out.

High-yield Saving Account

The first way in which you can invest your money is by keeping it in a high-yield saving account. This is a great option if you, for example, have children who wish to go to college in the future, as university fees can be expensive.

You can open this account either in an online bank or at a brick-and-mortar one. However, online banks usually have fewer overhead costs. What’s more, access to money is a lot easier, as you can just transfer it to your primary bank account when needed.

There is no need to worry about losing your deposit, as banks offering this type of account are FDIC-insured. However, you have to keep in mind that inflation might cause you to earn less than expected.

Rental Housing

If your lottery results were impressive enough to give you a small fortune, you should really consider buying a property and renting it to people willing to pay for it. This way, not only will you have a property that you can later pass on to, for example, your children, but you will also receive a monthly income, aside from your job salary.

Keep in mind, however, that the whole process can sometimes be quite annoying – first of all, you have to select the right property to purchase, preferably somewhere in the city center or another prime location. The buying process requires you to obtain several documents from different institutions, such as insurance policies or home inspection reports.

Once the buying process is completed, you will need to make sure that everything is in perfect condition – if something is broken or needs replacement, you will most likely have to find the time to hire a professional to fix it.

The next step is finding the perfect tenants, which means you will probably have to go through several house showings. While the whole process can take quite some time, if done right, it’s the perfect investment.

Certificates of Deposit

If you have a certificate of deposit, your bank pays you interest in regular installments. Once the period of time you had to leave the money untouched for ends, you receive the initial deposit, as well as the accrued interest.

CDs are a great choice for those who don’t need immediate income, and they have no problem with locking their money up for some time. While this way of investing is quite safe, it doesn’t mean that it’s without risks.

If you decide to invest your money into CDs, you should really consider opening not only one but a few of them for different periods of time, so that all your money isn’t locked up in one investment for a long time.


If you are lucky enough to obtain a large sum of money, you should think about how to invest it, so that you can best benefit from it. While there are many ways to do so, we decided to share with you the ones we consider to be the best.

However, remember that in the end, it’s your money and your decision, so if you think that something else will be better for you (e.g., buying shares in a company or investing in stocks), then we say go for it – as long as you understand the risks. Good luck!


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