A group of friends in Singapore recently came together to help one woman win a massive lottery prize. She wrote in a Facebook post that she usually buys her own lottery numbers but could not make it this time around, and asked for their help. The next day, she was shocked to discover that she had won over S$200,000 — a huge sum considering she makes less than $2,000 Singaporean dollars a month and comes from a poor background.
She promised to split the winnings with her colleagues and took them out for dinner, but she had a surprise. Her friend who helped her buy the ticket vanished without a trace, and refused to give her the money she won.
In her search for her friend, she gathered evidence including text conversations and PayNow transactions to lodge a police report. However, the authorities ruled that the issue was between private parties and did not offer assistance.
Nevertheless, her win was a big deal for her, especially considering that she was a single woman and was making less than S$2,000 a month. She also said that she had never come across such a windfall in her life, and the prize would be a huge boost to her finances.
It is a good idea to get some professional financial advice after winning a windfall. This way, you can plan your financial goals and how to allocate this new income to different areas. Moreover, it is important to be realistic about how much you can afford to spend on a new lifestyle.