Check Kerala lottery list online to see number of lucky winners everyday.

What do you do? A lot, actually.

Studies show that lottery winners are likely to end up broke and unhappy if they don't play their cards right. To avoid becoming a rags-to-riches-to-rags-again statistic, consider these tips on how to make the most of your winnings without squandering them along the way.

1. Process your win before claiming it
Once you calm down after hitting the big one, you'll want to get your hands on all that money. Not so fast. Get your gold-dipped ducks in a row before claiming that prize.
"Relax, take a deep breath, and make responsible decisions," advises finance manager Nate Masterson. "Acquiring a massive amount of money is guaranteed to increase your stress which, in turn, leads to poor decision-making. More often than not, lottery winners have no experience handling this kind of money, so it's crucial to seek out financial planning assistance from a trained professional."

2. Hire competent advisers
You may have experience managing your regular income, but when your net worth soars out of the park, it's a whole new ballgame -- and you'll want a few strategic players on your team.
"The best thing that someone can do if they win the lottery is to first identify an attorney, an accountant, and a reputable financial adviser," explains Dock David Treece, financial analyst for FitSmallBusiness.com. "It's best to have all of these advisers in the same room together, so that they can work together to structure the best strategies for claiming your prize and long-term management of your prize."

3. Try to remain anonymous
A judge recently ruled that a mystery woman in New Hampshire could remain anonymous after winning the $560 million Powerball jackpot -- because her privacy outweighed the public's interest in knowing her identity -- but that may not be the case in every state. Have your newly hired attorney research the requirements of claiming your prize and devise your plan based on their findings. If you have to fight to remain anonymous, do it. Otherwise, you'll have every person you've ever met (and some you haven't) banging down your door looking for a payday.

"The more people that know how much money you've won, the more requests for handouts you can expect," says Julie Ramhold, consumer analyst with DealNews. "Additionally, letting everyone know how lucky you are puts a target on your back. Scammers, thieves, and worse could suddenly want to track you down in order to make your luck their own."

4. Hang onto your job... for now
Many of us dream of winning the lottery if only so we can have our Johnny Paycheck moment and tell our bosses to take this job and shove it. In fact, according to a recent TD Ameritrade survey of 1,000 investors, 48.1 percent would clean out their desks immediately. You, however, should go about your business like the other 51.9 percent who said they'd keep working -- until the check clears at least. Being too hasty can come back to bite you, especially if you're not yet officially declared the winner. Crow doesn't taste as good as a properly timed farewell cake.

5. Take the lump sum
Personally I'm an advocate of taking the lump sum payout, for the sole reason that I don't want to wait 30 years for my money. What's worse, if I die before the payments are up, my heirs could be stuck with a hefty tax bill, as the government will expect Estate Tax on the entire future value of the remaining payments. Take it all at once, even though you'll receive less money than if you dragged it out, and you can distribute it through your will as you see fit.