When Belinda Poblete of New York won the lottery, it changed her life. In order to turn this one-time lucky windfall into a long-term, life-changing investment, she became a franchisee.
By Radim Dragomaca
What would you do if you won a $7 million lottery jackpot? Quit your job, buy a house, maybe a sports car or two and take a long vacation? You wouldn’t be the only one, but you wouldn’t necessarily be in good company either. A surprisingly high percentage of lottery winners actually end up blowing all their money and going bankrupt – according to some studies as many as 70 percent. The smart thing to do, of course, is to turn that one-time windfall into a sustainable, life-long investment, which is exactly what Belinda Poblete did.
Belinda Poblete lives in the small town of Sloatsburg, just north of New York City, and earlier this year, she hit the jackpot. After years of playing Mega Millions and Powerball, Belinda bought her first ever Cash4Life ticket, one of a number of state sponsored lotteries in New York State that together contribute over $3 billion annually to the state’s education system. Leaving the ticket with her father before heading to work, Belinda got the phone call of a lifetime that evening, finding out she won the $7 million jackpot. “I couldn’t believe what I was hearing,” says Belinda, and after checking the numbers for herself online, she felt both overjoyed and numb.