You’ve Won! Now What?

Jul 11, 2021

Bingo is entertaining and fun for people of all ages and all walks of life. There is just nothing like the thrill of being the first one to yell “Bingo!” and win the jackpot.  All players daydream just a little about what they might do with the money that they win. When reality hits and you are the big winners, there are scores of things you might consider with the money, whether it’s a little or a lot!
Make no mistake; winning can change things, especially your attitude. Here are some ideas about what you might want to get with your next jackpot winnings.

  • Buy that Luxury Item You’ve Had Your Eye on for a Long Time

Nearly everyone has something on their wish list. It’s the thing they really want, but have been holding off because it is a big-ticket item or something considered a luxury. Why not treat yourself and indulge by getting that thing you have had your eye on for a long time? It’s a great way to splurge on something you really want without taking away from other important household or personal expenses.

  • Have a Night on the Town

There is no reason why you and your loved ones can’t take the money you’ve won and treat yourself to dinner at a favorite restaurant. It’s a great way to spend time with family and share wealth with them while enjoying good times and good food. If the service has been great, be sure to tip your waiter or waitress afterward to truly show your appreciation.

  • Invest in Yourself

If you’ve won a bit of cash and want to make it go further, why not put some of the money you have won to work for you? Talk with your banker or broker and ask about a Roth IRA or other option that offers a return at lower risk. Another way to invest in yourself is to pour some of your winnings into your mind. Take a class at your local community college to update your current skills or learn something new that you have always wanted to know how to do. Who knows? You may find a new career along the way!

  • Spend the Day at the Spa

One way to appreciate yourself is to spend some of what you’ve won on a bit of pampering. Check your local listings for specials at your local spa or salon and get “The Works”. Imagine having your hair, nails, and makeup done by a professional. The little things can go a long way to improve your outlook on life and a positive mind can also help create a winning attitude because you feel great inside and out.

  • Pay off a Bill

Everybody has some bills to pay. Wouldn’t it be great to take some of your winnings and pay off your electric bill, or pay your rent or mortgage a few months in advance? How about paying off a credit card or paying off your car so it’s all yours? Dreams of being debt-free can come true if you use the money you’ve won to pay off the things you owe. It puts you just that much closer to complete financial freedom!

  • Spruce up Your Home

When you win money playing online bingo, maybe it’s time to put your money where your home is. If you hate your kitchen or your bath, now would be a really good time to remodel. Have you been dreaming of your very own man cave or craft room? Why not use your winnings to help make it a reality.

  • Use Your Winnings to Take a Vacation

Now that you’ve won, you don’t have to look wistfully at those ads for luxury cruises or Disneyland anymore. It can be you who gets to take some time off! If you have dreamed of Springtime in Paris or seeing the Greek Parthenon or the Pyramids of Egypt, you can do it!

  • Maybe it’s Time for a New Set of Wheels

If you have been driving the same car and you’re spending far more on repairs than it’s worth, maybe it’s time to think about getting a new one. When you play bingo online, you could win enough money to buy a new set of wheels outright.

  • Don’t Forget Your Taxes!

It’s undeniably a whole lot of fun to map out what you’re going to do with the money that you’ve won playing bingo online. Even with all of the excitement and fun, it’s also important not to forget to give the taxman his share. The Internal Revenue Service (IRS) has rules on how gambling winnings are handled. You can avoid trouble with Uncle Sam by setting money from your winnings aside to take care of any income taxes by going to the IRS website checking out their topic of how to deal with your winnings.
If you can dream it, you can do it! What do you think about doing with your winnings? Let us know!

Maximum Balance Limit:

Players can only make deposits into their accounts when their balances are lower than $100