(This blog was originally posted on January 8, 2016)
Image courtesy of Microsoft |
On January 8,
2016, the local news reported that the Saturday, January 9, 2016 Powerball Lottery jackpot had reached
$800 million. People were shown purchasing lottery tickets from electronic
machines and over the counter at their local grocery or liquor stores. Some
favored venues where previous (albeit, considerably lower-value) winning
tickets had been purchased in the hope that the location would bring some of
the same luck to them. Others chose numbers that represented a significant
dates in their lives—wedding anniversary, the age of a pet or child, spouse’s
birthdate—in the hope and belief that these digits would show up on each of the
winning balls. A recent AP
report had punters estimating that the grand prize would surpass $1 billion for
the next drawing if no one has the right numbers the following night.
When asked what
they will/would do if they win the jackpot, many people said they would pay off
credit-card debts. Buy a new car. Pay off the mortgage on their home and/or
even buy a new house—maybe a gift for a senior parent. Some fantasized about
going on a shopping spree, taking a cruise around the world. There were so many
options and so much money to be spent…
The thing
interesting thing about coming into a lot of money so quickly is how quickly it
also disappears. We often hear about that actor or athlete who once commanded a
high paycheck, or a lucky Lottery winner, is suddenly broke and in debt. How did that happen? we wonder. Where did all the money go?
How a person
earns, spends and saves money has a lot to do with the individual’s
subconscious mental script about finances. According to Hypnosis Motivation Institute founder John Kappas, Ph.D., everyone
follows a subconscious mental script that is created very early in our lives. We
behave and even think in ways that are consistent with that script even when it
does not facilitate achievement of our personal goals. Depending on the
subconscious mental script about having and handling money, the future winner
(or winners) of this Powerball
jackpot may have some challenges when it comes to saving or spending all that
cash.
For example, someone
who grew up having to scrimp and save every penny may continue to behave as if there he does not have any
financial security throughout the rest of his life even when this is no longer
the case. It doesn’t matter that when he grew up, he got a good job with health
and retirement benefits; maybe he even made some good financial investments and
is now able to live quite comfortably on the dividends. He may even be a
millionaire by now. However, his subconscious mind only knows how it feels to
be “poor” and his lifestyle reflects this belief. Consequently, he still drives
the same car he’s owned the past 15 years (and will until it can’t be repaired
anymore), wears clothes he’s owned for 30 years, never goes on vacation and
rarely treats himself with a meal at a restaurant. After all, who knows where
money for the next meal is coming from? He is careful to save every penny he
has, because that is what he “learned” while he was growing up. This is what he
knows how to do.
Conversely, that
person may follow a different mental script that says he should spend every
penny that comes his way. He watched his parents earn and spend money. Whether
the family possessed a lot of money at one time or just a little, there was
usually enough for basic needs. And when there was a little bit extra on-hand, they
spent that, too. After all, who knew when that opportunity would come around
again? If the individual was consistently exposed to this kind of “feast or
famine” attitude about money, he likely learned to assuage his physical or
emotional discomfort (e.g., hunger or envy) was to spend cash when he had it. Unfortunately,
these spending sprees often lead the person back to the “famine” part of the
cycle because, at the end of the day, this state is more comfortable (“known”)
to his subconscious mind.
Each scenario
poses distinct challenges for the future winner of this jackpot. Someone who
is used to conserving money will likely need to learn how to feel comfortable
spending some of it. On the other hand, someone who is used to or even feels
compelled to spending money whenever he has it will need to learn how to feel
comfortable about choosing not to
spend that winning ticket.
On October 23,
2018 another huge Powerball Lottery drawing worth $1.4 billion yielded just one
winning ticket in South Carolina. Whether one person or a group of work
colleagues get to cash in on that jackpot, that’s a lot of money to be taking home even after taxes have been deducted
from the final prize. I hope
the following information helps the winner(s) successfully adjust to this
monetary windfall.
Trauma Relief Hypnotherapy
In
honor of our real-life heroes in the
military and first-responder professions, I am currently offering a 25%
discount off the first hypnotherapy session for active/retired military
personnel and first-responders (including fire-fighters, police officers,
ambulance/EMT personnel, and EMS dispatch operators) through November 30, 2018.
Sara R. Fogan, C.Ht. is a certified hypnotherapist based in
Southern California. She graduated with honors from the Hypnosis Motivation
Institute in 2005. For more
information about Calminsense Hypnotherapy® and to set up an
appointment, please visit http://www.calminsensehypnotherapy.com/.
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