The first mistake a lottery winner makes is exaggerating his winnings. In other words, feeling, and behaving as if he has won much more than he actually did.
If you have never had more than 50 grand in a bank account it is easy to feel like you own the world, if suddenly you have access to 2 million dollars, for instance.
However, let us say you are in your 20s, and you win a net 2 million dollars. That is not a huge amount of money to stop working, for instance. If you make US$ 50,000 a year, 2 million dollars is just about the amount of money you will make during your professional life before you retire.
Sure, taxes will take a whole chunk of your earnings. But the point is, depending on your age, you have to realize that the money is sufficient for you to live a comfortable live, no more, no less.
2 million is not sufficient for you to buy a Ferrari, travel first class all over the place, quit your job and buy a huge house. If you do all of that, the 2 million is gone!
That also means that for most people, winning two million means you will have to continue working, unless you are pretty much near retirement age. On that case, you are obviously near paying off your mortgage (if you have not done so already), and you can certainly afford quitting your job.
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