How to become an overnight millionaire

Photo of author

(Newswire.net — August, 2, 2013) Phoneix, AZ– You hear about it all the time, ordinary person becomes a millionaire overnight. You have probably chalked it up to a made up story or just dumb luck. Surprisingly there are people that have become a millionaire overnight. How does it happen? Is it luck? Is it legal? Below are ways people have become a millionaire overnight (and these ways are legal).  

Winning the lottery: You’ve heard the story: Man/Woman hits the winning jackpot and win millions of dollars. Some of those haven’t ended very well, but those who have figured out quickly how to manage their money live a happy life. It does happen, but the chances of winning the lottery is less than the chances of getting hit by lightning. Of course you can’t win if you don’t play…

Inventing something: Being able to create something that millions of people will want is not an easy task. In fact many inventors don’t turn a profit for their inventions. However there are a few who have done it (look up Sandy Stein) so if you have a creative mind you might be one of those lucky few.

Playing Poker: Okay, so this is basically gambling, but many people have actually struck it big. In fact you have to have some sort of skill to be able to live off of this alone. Just be careful who you play with and don’t become obsessed with it. There is more to life than chips and cards.

Selling a sought after product/service: Some people have become overnight millionaires by selling something of value such as computer software or their business. Just remember if you do sell, chances are you probably will lose your rights to your product/service and because of that, you won’t make any more money off of it. It’ll belong to someone else.

CAUTION: The ways mentioned above have helped some become millionaires overnight, but it doesn’t mean it will happen to everyone. Reading up on how other millionaires have made their money (Mike Dillard and his group The Elevation Group comes to mind) is a good start in getting an insight on how a millionaire becomes a millionaire. Whatever you decided be sure you enjoy it… and it’s legal.