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What Would You Do If You Won The Lotto?

Windfall is defined by Merriam-Webster as “an unexpected, unearned, or sudden gain or advantage.”

A windfall is when you receive a surprise bonus or an unexpected raise in salary from your boss. Or when you get a tax refund. Or when you won a cash prize in your company’s Christmas party raffle draw.

My more meaningful term for windfall? Blessings.

What Would You Do If You Won The Lotto?

So you are not betting on the lottery, regularly. It just happened that one afternoon you and your friends were passing by an outlet and teased each other to bet on your favorite number combination. It’s for charity, anyway. 😛

The next morning you’re sitting in a posh McDonald’s branch with a newspaper on your left hand and a cup of coffee on your right.

Suddenly, something flasher on top of the headline. That 6-number combination. Slowly you put down the cup on the table with your hand shaking. You just can’t believe this is happening.

1-2-3-4-5-6. You won! What a lame number combination, but you’ve won!

You’re P700 million richer now!

Now what you’re gonna do next? How are you gonna react?


1) Press that pause button – Winning the lottery may be exhilarating but it won’t give you that easy feeling. It’s going to be very stressful so you need to stop thinking for a moment. Relax and see a movie so you won’t make any quick and reckless financial decision. I wonder if you would even understand what you’re watching after learning that you’ve just won. 😀

But still, just relax and stop for a while. 😉

2) Prepare your bank accounts. – Don’t mention right away to your family and friends that you’ve won. hehe. Now tell the lottery agency to put all your winnings in your bank accounts. Let it stay there for the meantime. Spread them out in different banks. Because at this stage you’re still starting to think.

3) Give to God First. – This windfall event will definitely change your life forever. Family members, friends, neighbors, and even financial consultants will start to contact you and give you their “expert” advice on what to do with your prize winnings.

But remember that it’s totally important that you give yourself enough time to decide what to do next with your money. Clear your head. Pray. Ask for spiritual guidance from a trusted man of God. Then give a significant portion of your money to various ministries that you love and believe in.

Give to charity directly. Don’t listen to everyone’s requests and pleas about how you should spend your money. God will show you that way.

4) Prioritize. – Buy a house? Start a business? Invest in stocks or funds? Get an insurance? Travel to the US? Buy a car? Pay for your kids’ education years? Acquire a farm? Build a church?

It’s important that you focus first on the top three or five items on your wish list. Once you break that rule, that’s the end of your prize winnings (savings).

Determine which among those in your wish list belongs to (a) what you currently NEED, (b) what you WANT and NEED within the year, and (c) what you and your family WILL NEED and WANT during your retirement years.

Get A Trusted Team, Form a Small Company

For my Filipino readers, do you still remember the Pepito Manaloto TV sitcom?

Pepito is played by veteran and award-winning comedian Michael V. whose “simple and underprivileged life significantly changes when he becomes the lone winner of P700 million in the national lottery.”

He was lucky to have been advised to get a financial planner, an accountant, and an auditor to manage and control his finances and taxes and a lawyer to protect him from legal risks.

So just in case you will win the lottery, identify the people who will fill in these roles. They should be able to advise you, depending on your age and risk profile, that your fortune should be kept either in safe investments like bonds and money market securities or still invest in stocks or funds.

Note: I don’t advocate lotto-betting.

Follow my posts and ideas by subscribing to BurnGutierrez.Com for free.

Join the OFW UsapangPiso Facebook Group to learn how to plan your finances the right way and how to grow your money in various financial instruments and investment vehicles such as stocks, mutual funds, UITF’s, bonds, money market, real estate, and others.

Rock your way to abundance!


P.S. 1. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at if you have any questions. Click here to join!

P.S. 2. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. Order your copy now from our website and have it delivered right at your doorstep. Or you can grab your copy yourself at The Pantry at 07 in Makati City and ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email for more details.

P.S. 3. If you are based abroad or just outside of Metro Manila and has been itching to learn more on how to jumpstart your business dreams, join me and my friend, serial entrepreneur Ginger Arboleda, as we take you through a series 2-hour webinars (for 11 Saturdays) that will help you focus on the technical skills and specific things that you have always wanted to know about in order to grow your business. We have come up with 10 sessions with 11 expert lecturers (with 1 FREE session if you enroll in the full program) that will make you a stronger and better entrepreneur. Register here to join the Enter Entrepreneurship Webinar Program now!

P.S. 4. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .

P.S. 5. Learn How To Make Money From Foreclosed Properties! We are on our 3rd run of the Usapang Foreclosed Property Investing with Jay Castillo of! Happening on September 26, 2015 at the SMX Aura, Bonifacio Global City. Click here to register and avail the early bird promo!

P.S. 2. Learn How To Earn Through Larry Gamboa’s Real Estate System. Real Estate Mentor Larry Gamboa is giving a Seminar on June 1, 2013 on how he buys foreclosed properties or properties from “motivated sellers” and turn them around into rental properties or quick sales. If you’re interested to learn his system, click here now!

6 thoughts on “What Would You Do If You Won The Lotto?”

  1. Hopefully lotto winners will have the presence of mind to google for advice and find articles like yours!

    For me personally, I’d also start my own businesses (emphasis on the es 😀 hehe). Probably get a great franchise at first.

  2. For me I’d rather start from having small earnings and build a business than winning in lotto and start a business. Because even you with a large amount of money, you never gained any experience and knowledge from it…

    I think the main rule of having a business is experience & knowledge first before the earning comes :D!!!

  3. Pingback: BurnGutierrez.Com
  4. Andami na ngang nafeatured na nanalo sa lotto and wala pang 1 year, ubos na ang pera nila. They thought unlimited ang pera nila.

    And when I saw your title, I though about Pepito Manaloto right away. And tama pala, siya ang binigay mong example. That’s why I love that show. Not just because of great comic relief but the lessons that it teach to people.

  5. Share my blessings -in charity
    Renovate our brgy church
    Buy a life and medical insurance
    Invest (mutual funds,real estate)

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