How the fck is number 5 smart? He lost about 100m when he took a lump sum, had to take risk and hard work to make that 100m back. Might as well just take the full 220m to begin with. He is basically back where he started. Thats not smart.
Anytime a lottery winner just doesn't lose money it's a win. They don't know how to make money in the same place but at the same time knowing the pitfalls is a win. Also, having a modicum amount of financial sense and some discipline a person can beat the rate that the annuity offers. Lump sum>annuity if disciplined and financially savvy. Lump sum
Dumebi7278: I like it. Life's lottery: loving a job love God, love work and allowing time for these to manifest. A silent, salient increase of resources would seem feasible, along with the added security and obscurity to others.
If I won a totteryI will pay off my Dept buy a 500k house a 100k car and invest rest in trustable stocks and not share it With anyone and live a normal life.
@@tamish089 I hope you do win, but take care of you first. Then find the best people who have your interest , lawyers, financial advisors . Tax people. To take care of you and your family for years to come.❤️🌺
I have 2 rules about who to give charity to: 1) anyone who helped me when I was down and out is welcome to anything I have. 2) I don't give handouts to people who are richer than I am. You would be surprised what a short list this leaves.
I have known two lottery winners. One won 3 million dollars about 25 years ago. It took him under three years to blow through the whole lot. He quit a very good job that paid him more than he would otherwise be worth. He very unwisely burned that bridge. When he ran out of money and found himself hopelessly in debt he was unable to get that job back and now works at minimum wage and pays his creditors, including the IRS, 25% of his income. The interest rate on his debt exceeds his total income and so therefore he will be in debt at an ever increasing amount until he dies. The other person I know who won the lottery won $100,000 about ten years ago. After he paid the taxes and paid off his relatively minimal debts he had about $45,000 left. He kept his job as a dishwasher. He took some business courses and then took the remaining money and opened up his own restaurant. It started as a small pizza place. He only had four tables and one delivery driver and offered limited deliveries to his neighborhood. Today he has 23 restaurants, two motels and a shopping center and employs over 500 people. He also has two homes, several luxury cars and a nice little yacht he has taken me fishing on. His oldest kid just started her first year at Harvard a few weeks ago. She's planning to study law. His youngest kid is a freshman in high school and is a chip off the old block. With $500 seed money from his dad that he has since paid back, he started his own lawn, landscape, snow shoveling business and has so far saved up over $25,000 towards his own Harvard education. Not bad for a 13 year old kid. If you win the jackpot don't tell anyone. My first friend above learned that the hard way. He loaned out over a million dollars to friends and family of which not a cent was ever paid back. It was years before my second buddy revealed to me that he had won years earlier. He told nobody at all at first and only told his wife to explain why he was able to start his own restaurant business. Not even his own kids knew for a few years and they lived with him. IF you win first pay all your taxes. Then pay all your debts. Then vow to yourself to NEVER borrow money from anyone ever again. Then make a list of everything you want to do with the money and put a dollar amount next to each item. Add it up and if it comes to more than about 25% of your net winnings then you need to pare down the list until it doesn't. Make sure you have taken care of healthcare for you and yours and make sure you have budgeted enough for at least one solid home. Make sure you have set aside enough to ensure you have a vehicle(s) for you and your family. Then make an appointment with a reputable financial adviser. Then make an appointment with another reputable financial adviser. Seek advice from at least three. All three should agree with each other. If not then seek more advice until you have a majority consensus. In a nut shell they should advise you to invest in multiple kinds of investments. Depending on your age they should tell you to put some in a more secure low yield investment, some in a moderately secure medium yield investment and some in a higher yield relatively risky investment. The older you are the less risky and more conservative your portfolio should be. Avoid putting more than 5% of your income funds into any one investment. But if you like the idea of owning your own business and have some knowledge and experience in the field you are interested you should feel comfortable investing up to about 25% of your remaining winnings in your own business. I would not risk more than that since 75% of all businesses fail in the first three years. Most good financial advisers will give you similar advice though they would flesh it out with a lot of specific suggestions. Real estate is a pretty good investment as long as you study the market and make sure you don't over pay and understand the fundamentals. Precious metals tend to be a good long term investment and should not be thought of as producing regular income but rather as a hedge against potential future crazy market swings like what happened about 9 years ago. If you see a non volatile commodity like copper or gold take a nose dive that could be a very good time to buy. Likewise if you see anything sky rocket that is almost always a bad time to buy and a very good time to sell. In 2008 when the market turned to crap my employer's stock price dropped from about $65 a share to about $7 a share. Everyone told me to dump the shares I had already bought through my employer. I had about 300 shares that I had been buying a little at a time through payroll deductions. Everyone at work was scared so they were dumping all their shares as fast as they could like everyone else. I did the opposite. I took all the gold I had bought at between $350 and $450 an oz a few years earlier and sold it at $925 an oz and used that money to buy 5000 shares of my employer's stock at about $7 a share. I was confident in the company due to it's history and otherwise solid footing and huge amount of cash reserves. Today my shares are worth over $150 each. Sure gold more than doubled in value after I sold mine and lots of people kept telling me I'm crazy but considering I more than doubled what I put into the gold then turned about $35,000 into $750,000, I think I made the correct choice. I sold my gold right after it spiked and I bought the stock right after it plunged to what seemed to me the bottom. This is an example of how to invest wisely but it take research.
nunya biznez If I won millions, I would just take it in installments. That way, I'll get more of it on the long run. Each installment would go directly deposited into a savings account. I would pay my taxes every year from the interest generated and the rest would go into multiple checking accounts in different banks. I would quit my shitty job and get me a regular easy and non stressful job. I would get it just as a cover up, even if it pays less and only work 40 hours per week just so no one around me gets suspicious about how I'm getting my income. Reason for wanting that jack pot is just to live with a piece of mind by knowing I have all that money as a back up, and knowing I'll never go broke, never worry about losing a job, and never worry about not being able to pay for a bill. I don't need a fancy luxurious car, just a good new reliable one. I don't need expensive name brand clothing. Just regular clothes that don't attract attention. I don't need expensive watches or all that jewelry. I would travel from time to time just to visit different parts of the world but not too much. Maybe once a year so no one gets suspicious. If I have to go to the hospital, I don't want to worry about not being able to afford treatment. In other words, I would live simple life but very relaxed and stress worry free. No more financial worries for the rest of my life. Blend in with everyone else in my life. Not being some money target to someone. And here's the golden key........ by not telling a single living soul, I would still know who my real friends are and who in my family still appreciates me for who I am, not for what they can get from me. Case closed.
That Gaijin Fella I think those people have a real cheek sending begging letters to a lotto winner for money. They may be desperate or just scrounging, but it is a real nerve.
I won 22p last night 😂 I understand gambling problems now tbh, u feel excited as there is a tiny chance of a win, gona have to reign it back. And would probably try not to tell anyone I’ve won for a while
You missed the real winner, Dennis SanFilippo. I worked with him when he was still a roofer, dead broke with expired tags on his truck. He won over 30 million. He bought himself some land, and old truck and gave some to his son. He ended up far wealthier than the prize money with all the property he bought and moved to Nashville where he chased his dreams to become a legitimate rock promoter and was Eddie Money's manager. He was a down to earth guy but he honestly believed that he had a number system that guaranteed he would win. He called his shot and got lucky.... He came back to visit my dad after winning and told him that he felt exactly the same when he woke up in the morning, he just had more choices.
Still don't understand why lottery winnings are taxed in some countries, like the USA! Since when was winning a prize equivalent to earning an income? Pure greed!
Imagine you're the CEO of a very big corporation and you don't want to pay tax. Now imagine your company ran a Lottery for $1, and the winnings were $10,000,000...but only you bought a ticket...and your number came up...Oh, you don't have to pay tax on Lottery winnings...then it's tax free. This is why. Asshats at - and near - the top will use every single trick in the book to NOT pay taxes. They fuck it up for everyone else.
in Australia you keep the lot and you are anonymous. you pay tax on interest or earnings after the first year.i dont understand in USA millions of dollrs won and you only receive half or less if you take lump sum.what happens if you take the annual payment option and you die in a few years ,what happens to the money.
Talk to a tax lawyer, set up a trust fund, speak to multiple financial advisors, set a minimum budget per month, keep a job if possible or volunteer to keep busy, don’t give money out provide opportunities for people asking for money, DON’T tell anyone you have won. Just get up and move and reach out to who you have to prior to starting anew.
no matter how much you win, there will be jealousy. I won 1,000 from the Albertsons grocery store Monopoly game. My girlfriend's sister in law was heard saying we didn't deserve it. She started to act really funny with us and eventually turned her back on us as time went on. She thought she should have it. 3 of daughters were around at the time. She only had one kid. My girlfriend and I were struggling to get off of public assistance, and she and her husband had very well paying jobs each. Where her logic came from, I have no idea. What's really funny was the money wasn't in cash, it was in the form of gift cards. Lol
My next door neighbor won the lottery not too long after he moved into the neighborhood almost 20 years ago. Originally he moved into my neighborhood because its much cheaper than the town he previously lived in (his house is much smaller than mine). His jackpot wasnt as large as any of the winners in the video. He won 3 million dollars. But he chose the lump sum option which meant that the state takes 50 percent of your jackpot right off the top and taxes you on the remaining 50 percent they let you have (Yeah. I know. That sucks). Which meant he netted around 960 thousand and change after taxes. He was pissed because he thought the lump sum option meant they would give him the 3 million dollars up front in full. Neighbors were positive that now he won the lottery, he would move back to his old, more expensive neighborhood. Or anywhere else more expensive. Instead, he stayed. And he put his money to good use. He improved and slightly expanded his house. Finished the basement, an extra room and bathroom in the basement, expanded the size of his kitchen, new siding and a new roof, installed central air conditioning, put an inground pool in his backyard, put in inground sprinklers in his front lawn, etc. And he invested part of his money into his own plumbing business and bought himself a truck and a couple vans for his business. He seems to be doing very well as a plumber. I see him and his helpers leaving in their truck and van every morning to go to work. I imagine he has long since earned back every cent of his jackpot that he spent or invested and then some. Funny thing is that right after he won, my family members went crazy buying up lottery tickets for the next weeks jackpot. I bought none. I thought the chances of winning the lottery are already astronomical. But the chances of me or my family winning the lottery the very following week after our next door neighbor has won, is just about much more impossible. Predictably they won nothing.
I also sometimes play the lottery in Europe and friends tend to ask me what I would do with the winnings. My answer is always the same: since it is a non taxable income spend 30%-40% on real estate to ensure an income because you never know, buy a car of maybe €20.000 because why spend hundreds of thousands of euro's on a sportscar when you can only drive 120 km/hour max? Buy a normal family home but with a big property because what good is a giant estate with 50 rooms if you live on your own, all these rooms have to be filled hence more unnecessary expense. Keep working, if you quit your job sooner or later you will become bored or give away that you have won the big cheque, say goodbye to your personal life/space after that. Don't change my way of life like buying giant bottles of champagne because a beer will always be better in my opinion, keep going to the restaurants you used to go instead of the fancy ones it is the food that counts instead of the status a restaurant brings.
Homer: Aw, twenty dollars! I wanted a peanut. Homer's Brain: Twenty dollars can buy many peanuts! Homer: Explain how! Homer's Brain: Money can be exchanged for goods and services.
@NurturingTalents , You'll always have hundreds of inside people who work in the lottery commission who know exactly who won. They got your address, phone number, everything. That's how the news usually gets out and why they offer to put you in a hotel immediately. The best thing to do is hide for at least a while.
it pisses me off seeing nobody ever go directly to amazon with a chunk of their winnings. tf amazon is still growing to this day, on track to take over even walmart
I'd probably put at least 5 million in a high-yield savings account and never touch it. If you get at least a 1% interest, that'd be about $50,000/year. Even if you lost all the rest, you'd have a decent income to fall back on.
@@benjamincrew1949 Best thing to do when investing is diversify, government bonds will always pay, you can put some of the money into bonds with a guaranteed return after x amount of years. But it makes the money non accessible for that time.
Belfast was home to the infamous IRA, you should look it up and learn about the history of Northen Ireland. I find it strange that you did not know about that...
"#blast" he'll regret that comment once he has read up, just an innocent mistake a la American style though, they're cute that way (I'm Scottish, stuck watching that nonsense as a child, I had to lose my objection to the Belfast accent once I realised they weren't all terrorists...)
@Tom Reed 'freedom fighters' who go into people's houses and use a power drill to drill out the knee caps of some guy they hate, in front of his wife and children, or go to london with 1000lbs of tnt and set it off in rush hour killing dozens of people, why the fuck do you NOT call them terrorists?
Way to go Les Robins !!!! When I heard this story .... I was like finally someone actually put their money to good use the young p eople of today are our future I'm so happy that those children are being built up with confidence and learning to have fun in a community . Thank you Les Robins!!
I used to work for city bus in Belfast in the 80's. I remember the drivers coming in and their buses had been hijacked on the falls road and set alight. Also several bombs went off in the city while I was working there. We were evacuated on a couple of occasions.
Fluorescent Monkey Actually most states have ways to give you anonymity. Only 18 states don't allow anonymity. The 18 states that don't allow anonymity are Washington, Oregon, California, Idaho, Arizona, Montana, New Mexico, South Dakota, Iowa, Illinois, Michigan, Georgia, Florida, North Carolina, Virginia, Pennsylvania, New York, and Rhode Island.
"Money doesn't bring happiness " No but it opens a lot of doors where happiness hides. If I had just 1 million, I'd never have to work as hard as I do. That would bring me some sort of happy feeling, to be able to use more of my time rather than work 6 days a week.
Cash option, you only get a percentage of the jackpot to start with, depending on where you live, its around 60-70% of the total. Then you have to pay tax on the amount that you actually got. so on 220M x 70% = 154M x 45% taxes = 84.7M that you get when its all said and done.
Had I won the lottery, I'd buy a small house, very little items, work as a streamer, go to school and do what I wanna do, etc. I'd have a bunch still since I wouldn't be paying that much.
I would start my own goth-themed Cafe and attend many more years of college for culinary and conceptual art. It's nice to dream, I always wanted to own a restaurant or Cafe when I was a kid.
Don't know what his book says, but two things that might help profit from a lottery: WAIT for the jackpot to have been built up by previous losing rounds of other people's money, when the cost of a ticket can be worth more than it's minuscule chance of winning... and pick numbers ABOVE 31 (and especially above 12) so, in the unlikely chance you do win, you don't split it with the 10,000 other people who bet their anniversary/birthdays
How can you NOT LIKE THESE FEEL GOOD STORIES! It's refreshing to hear about smart, sensible people doing fine after winning the lottery. The idiots who voted down on this story... I'm sure many of them are either jealous of these particular winners... and maybe-just maybe... some of them are the boneheads who threw away their millions themselves! Lol
Agreed. It's usually what the rich say to the poor people to shut them up. The "guilt trip" too. You know the ol' "You should be grateful, others go completely without" etc. In fact there's quite a few little sayings that were created by those living in oppulence for use to silence dissent.
If i won i would keep it simple. Move far far away. Buy a 500,000 home. A couple nice rides. Start an animal rescue. And give some money to close family.
If I won the lottery I would be investing like crazy, and creating trust funds not just for my immediate family, but also for all future generations. History has taught me that sooner or later there will be a generation with a total fuckup, and if that one person inherits everything then it will ruin it for all his/her descendants. Best to make sure they don't get access to everything so their children can still benefit.
I'd get into running apartments in largely populated areas go to college to learn how to avoid lawsuits and manage them I'd rent to families etc thereby increasing long term stay and profits due to the fact they have something to lose put half my yearly profits a side in case floods etc
I think the “smart” move, regardless of finances, is to do something, anything. Keep yourself busy or you’ll probably enjoy an early and very very long rest in the cemetery. I’m retired young due to injury. Sat on my ass for 4 years and gained weight. Became extremely bored and drunk. Now the wife and I work, 4 hrs/day, 5 days week in a small business we started. Not getting wealthy but happier than we’ve ever been and ya just can’t beat those short work days.
I would never ask anyone for money if they won the Lotto, Im not particularly close to my family so I wouldn't give them anything but i'd give money to the Uncle's and Aunties since they're getting old though
Excuse me?? A woman here in Spain won the biggest Euromillion prize for more than 320 million euros. She didn't touch the money for 3 years, invested in safe funds and stayed at the same secretary work without anyone noticing it. Then, when she basically had way more money she just bought a little ranch and left her job for a quiet life
@@PablitosWay yes there is, and I was way wrong about the number (126 millions euros) but it was the biggest ever in Europe at that time (may 8th 2009, you can check out) and the woman which was from Mallorca did exactly that, told no one and stay at job until a couple of years later. It was featured later on on a magazine, that's all I know. Here's a brief news that I found online. She actually didn't quit for a couple of years not just one like it says www.lottosphoto.com/blog/what-to-do-if-win-euromillions-lottery.htm
I haven't won the lottery, but I did get an inheritance from when my Dad passed away in 2002. It wasn't a lot but I only found out because my foster parents told us and the older children found out too. My real brother also had money from something else but for TLDR; sake, my foster sister and her husband (who I stupidly trusted at 18) borrowed most of it and credit in my name. After that my brother took care of me until we couldn't afford rent. We became homeless and never hear from anyone again. (My friends saved us since we got evicted and are the family I now have. They helped me with money and somewhere to stay + looking after our stuff.) My friends and brother were the only ones I could trust, so always be careful who knows (but in our case we were told by the family about our money.)
If I win the lottery, I will give most of the money to my family and friends so they can get out of debt. And I will spend 100k per year, which I think it will give you a comfortable life in the town where I live.
This reminds me of the bagger who works at my local grocery store. I worked their with him in high school. He kept a notebook of all the numbers he played, and claimed one day he would win. He would always claim that his numbers he played won a few days later. That he needed to figure out how to get it to the exact day and he would some day. This was 15 years ago. I saw him the other day walking out of the same store wearing his apron carrying his notebook. The lottery is trash.
I’m watching these lottery videos in my attempt to be smart about how I invest, finance, and budget my “guaranteed lottery” in a sense of a large nearly 1 million dollar lawsuit settlement Thank you so much
tony fernabdo You're not the sharpest knife in the kitchen drawer,it was only uploaded on May the 4th 2017 and now has 440,637 views so rapidly catching up on other videos give it time.
Ahhh a waitress at our local restaurant won over a million dollars in the state lottery... she is NOT a waitress any more. So, not sure what you are talking about here.
Certainly there is that crowd... who waste their money by buying way too many tickets .. They don't understand how the ODDS work. On the other hand, there have been people who have never played the lottery before but have a very powerful dream.. and are given specific numbers... and they have won. by spending one dollar. If one has a strong premonition and so buys one ticket and wins... that is not what I call a stupid person... it is a person who is Aware enough to pay attention to their gut. But yea... those who continually buy lots of tickets... all the time. That's just a silly addiction.
Not sure what you mean by "wise up" here. The violent HISTORY of Belfast is well known. Yes, it is quite different NOW, still I would not be surprised if there were not still some 'ill feelings' around. It would be nice it other places could use Belfast's apparent success... as models to heal their own issues.
There was this millionaire in calgary alberta who had won the lottery, he went on record saying he was just gonna give it away to a charity because he didnt need it.
I am one of those folks who wish to work a few hours at home everyday to gain a lot of money. I`ve attempted other methods and tactics, and not one of them have worked till a good friend advised *4WinLottery. Com* I looked it on the search engines and today my every day income is over One hundred dollars by winning lotteries
E-Live Da God It’s a great way to share the wealth. As long as you never let anyone know that the business is funded by lottery money, because you then run the risk of tempting your employees to steal from you, justifying to themselves that you can afford it. Even the most pure-hearted people can fall to temptation, unfortunately, secrecy is key. Even if you believe your business can afford to lose money for a while, never let anybody know it, because then you’re almost guaranteed it will.
E-Live Da God. just starting a business is not enough...its the well managed controllersip budgeting ownership of your capital structure debt structure and taking great care of your customers whether providing goods, services, product.. requires capitilization and knowing how to manage well to preserve capital for growth... jb
It must be hard to spend $340m and end up broke even if you really try to. Even if you keep a hundredth of it aside in a normal bank account you'd be able to live on the interest of this alone.
I am from Belfast and let me tell u from 1969-1996 "the troubles" in Northern Ireland was one of the most dangerous times of any country ever, the border between Ireland and Northern Ireland was the biggest military border in Europe due to religious tensions between protestants and catholics
+Robbie The "troubles" were mostly about disparity in economics. Modern people don't actually kill each other in large numbers over superstitious nonsense like religion. The religion thing was for marketing purposes.
I’d turn my lottery winnings into an empire of wealth! I’d build a good restaurant, I’d get professional recording equipment for my own cooking show, and. I’d also invest in some hotels under construction.
The Mrs. says: If you win a big lottery, think about your future right now and put much of it away and be strong not to let your so called "friends" beg off of you, you will soon find their no friends at all and will never ever pay you back, well, do they ever anyway and your relatives will be worse, they don" like you any more then you like them or they will pretend they like you, Not.!!! My husband and I paid off our home, our cars, and maintained a low profile, we never dressed fancy, or wore fancy jewelry and drove the same car for years, and no, we did not win anything, we rat holed our money and have never ever took a vacation. It has paid off over the years, were now elderly and have a good pension, rentals of which is paid for and a very good income, all because we behaved ourselves and worked for the future not for the moment, thank god our good sense has paid off, you need comfort and peace of mind in your old years because there is no one and I mean no one who gives a good G damn if we eat or not have a place to live and the people we do know are jealous because they have nothing and wished they had done the same thing we did bur no they had to go to Vegas or screw off their income in the Casinos and blowing off every damn dime on crap they never needed in the first place, cars, booze, god knows what else. So, save that fortune because the future is here and you better be prepared when the time comes for you to face the music when an old tired face is looking back at you in the mirror and you have nothing to take care of that old thing no one wants and could not care a damn less about your life and want nothing to do with a no body with nothing.
How the fck is number 5 smart? He lost about 100m when he took a lump sum, had to take risk and hard work to make that 100m back. Might as well just take the full 220m to begin with. He is basically back where he started. Thats not smart.
Anytime a lottery winner just doesn't lose money it's a win. They don't know how to make money in the same place but at the same time knowing the pitfalls is a win. Also, having a modicum amount of financial sense and some discipline a person can beat the rate that the annuity offers.
Lump sum>annuity if disciplined and financially savvy. Lump sum
Pablito's Way The 4% rule will assure that you will never run of money.
The dude owned 5 Gold's Gyms before even playing the lotto, he was already rich...
Might be smarter than you.
I doubt it. Prob luckier. Definitely not smarter.
Don't tell a soul, disappear, and live happily ever after.
Wisest words I've heard all day
@@dazzlegirl3846 you can't do that because people will report a missing person to the police.
@@___Anakin.Skywalker You Would leave your Phone number, with your family and then do ALOT OF traveling. In my Humble opinion.
Yep. Bye bye. Best thing you could do.
The smartest lottery winners are the people you don’t know about. Silently increasing their net worth.
Dumebi7278 exactly the smart move silently
Exactly ! Well said
Indeed.
Dumebi7278 .....economic espianoge since 2012
Dumebi7278: I like it. Life's lottery: loving a job love God, love work and allowing time for these to manifest. A silent, salient increase of resources would seem feasible, along with the added security and obscurity to others.
If I won a big lottery, I'm just buying a house, a couple sensible vehicles, then investing the rest and quietly helping others.
If I won a totteryI will pay off my Dept buy a 500k house a 100k car and invest rest in trustable stocks and not share it With anyone and live a normal life.
@@tamish089 I hope you do win, but take care of you first. Then find the best people who have your interest , lawyers, financial advisors . Tax people. To take care of you and your family for years to come.❤️🌺
Dark lady.....good for you! Quietly helping others is such a cool thing! God Bless you!
I'd help the ones who helped me in the past. The list is short.
I have rebooted the router on my sagecom faster 5260 and I still have a user on my system why would this happen?
@Inbread Fred and so is your chin.
And so is your chin
I have 2 rules about who to give charity to: 1) anyone who helped me when I was down and out is welcome to anything I have. 2) I don't give handouts to people who are richer than I am. You would be surprised what a short list this leaves.
Jose Basa that’s not even him! 😂
Just here to *PREPARE* myself *in case* I *WIN* 🤔😂🤣(sarcasm)
Same, i'm pretty sure we're gonna win a lottery ticket worth 250+MILLION.
@@angel_o8472 I Like you brother. 😊😂
Mike Spector hey I’m with you guys. May the Lord bless you! Remember me! Lol!
Me too,do not want to waste a once a lifetime opportunity.
*when I win lol.
I have known two lottery winners. One won 3 million dollars about 25 years ago. It took him under three years to blow through the whole lot. He quit a very good job that paid him more than he would otherwise be worth. He very unwisely burned that bridge. When he ran out of money and found himself hopelessly in debt he was unable to get that job back and now works at minimum wage and pays his creditors, including the IRS, 25% of his income. The interest rate on his debt exceeds his total income and so therefore he will be in debt at an ever increasing amount until he dies.
The other person I know who won the lottery won $100,000 about ten years ago. After he paid the taxes and paid off his relatively minimal debts he had about $45,000 left. He kept his job as a dishwasher. He took some business courses and then took the remaining money and opened up his own restaurant. It started as a small pizza place. He only had four tables and one delivery driver and offered limited deliveries to his neighborhood. Today he has 23 restaurants, two motels and a shopping center and employs over 500 people. He also has two homes, several luxury cars and a nice little yacht he has taken me fishing on. His oldest kid just started her first year at Harvard a few weeks ago. She's planning to study law. His youngest kid is a freshman in high school and is a chip off the old block. With $500 seed money from his dad that he has since paid back, he started his own lawn, landscape, snow shoveling business and has so far saved up over $25,000 towards his own Harvard education. Not bad for a 13 year old kid.
If you win the jackpot don't tell anyone. My first friend above learned that the hard way. He loaned out over a million dollars to friends and family of which not a cent was ever paid back. It was years before my second buddy revealed to me that he had won years earlier. He told nobody at all at first and only told his wife to explain why he was able to start his own restaurant business. Not even his own kids knew for a few years and they lived with him.
IF you win first pay all your taxes. Then pay all your debts. Then vow to yourself to NEVER borrow money from anyone ever again. Then make a list of everything you want to do with the money and put a dollar amount next to each item. Add it up and if it comes to more than about 25% of your net winnings then you need to pare down the list until it doesn't. Make sure you have taken care of healthcare for you and yours and make sure you have budgeted enough for at least one solid home. Make sure you have set aside enough to ensure you have a vehicle(s) for you and your family. Then make an appointment with a reputable financial adviser. Then make an appointment with another reputable financial adviser. Seek advice from at least three. All three should agree with each other. If not then seek more advice until you have a majority consensus. In a nut shell they should advise you to invest in multiple kinds of investments. Depending on your age they should tell you to put some in a more secure low yield investment, some in a moderately secure medium yield investment and some in a higher yield relatively risky investment. The older you are the less risky and more conservative your portfolio should be. Avoid putting more than 5% of your income funds into any one investment. But if you like the idea of owning your own business and have some knowledge and experience in the field you are interested you should feel comfortable investing up to about 25% of your remaining winnings in your own business. I would not risk more than that since 75% of all businesses fail in the first three years. Most good financial advisers will give you similar advice though they would flesh it out with a lot of specific suggestions. Real estate is a pretty good investment as long as you study the market and make sure you don't over pay and understand the fundamentals. Precious metals tend to be a good long term investment and should not be thought of as producing regular income but rather as a hedge against potential future crazy market swings like what happened about 9 years ago. If you see a non volatile commodity like copper or gold take a nose dive that could be a very good time to buy. Likewise if you see anything sky rocket that is almost always a bad time to buy and a very good time to sell. In 2008 when the market turned to crap my employer's stock price dropped from about $65 a share to about $7 a share. Everyone told me to dump the shares I had already bought through my employer. I had about 300 shares that I had been buying a little at a time through payroll deductions. Everyone at work was scared so they were dumping all their shares as fast as they could like everyone else. I did the opposite. I took all the gold I had bought at between $350 and $450 an oz a few years earlier and sold it at $925 an oz and used that money to buy 5000 shares of my employer's stock at about $7 a share. I was confident in the company due to it's history and otherwise solid footing and huge amount of cash reserves. Today my shares are worth over $150 each. Sure gold more than doubled in value after I sold mine and lots of people kept telling me I'm crazy but considering I more than doubled what I put into the gold then turned about $35,000 into $750,000, I think I made the correct choice. I sold my gold right after it spiked and I bought the stock right after it plunged to what seemed to me the bottom. This is an example of how to invest wisely but it take research.
Thanks for sharing these stories, a lotta truth in here
That first guy needs to file bankruptcy!
very great read, very informative... not enough likes
thank you
Pablito's Way "lotta truth" 😂 saw what you did there
nunya biznez If I won millions, I would just take it in installments. That way, I'll get more of it on the long run. Each installment would go directly deposited into a savings account. I would pay my taxes every year from the interest generated and the rest would go into multiple checking accounts in different banks.
I would quit my shitty job and get me a regular easy and non stressful job. I would get it just as a cover up, even if it pays less and only work 40 hours per week just so no one around me gets suspicious about how I'm getting my income.
Reason for wanting that jack pot is just to live with a piece of mind by knowing I have all that money as a back up, and knowing I'll never go broke, never worry about losing a job, and never worry about not being able to pay for a bill.
I don't need a fancy luxurious car, just a good new reliable one. I don't need expensive name brand clothing. Just regular clothes that don't attract attention. I don't need expensive watches or all that jewelry. I would travel from time to time just to visit different parts of the world but not too much. Maybe once a year so no one gets suspicious. If I have to go to the hospital, I don't want to worry about not being able to afford treatment.
In other words, I would live simple life but very relaxed and stress worry free. No more financial worries for the rest of my life. Blend in with everyone else in my life. Not being some money target to someone.
And here's the golden key........ by not telling a single living soul, I would still know who my real friends are and who in my family still appreciates me for who I am, not for what they can get from me. Case closed.
If I won the lottery, I would throw every single begging letter, unopened, in the fire. Couldn't write to me before? Don't write to me when I'm rich.
That Gaijin Fella I think those people have a real cheek sending begging letters to a lotto winner for money. They may be desperate or just scrounging, but it is a real nerve.
If the only thing on your mind is rejecting..!! hope you never win so that you don,t have to be so busy stoking the fire!!
Don't tell anyone an stay anonymous an u won't have that issue
@@bmoreblondie6301 lotteries don,t let you be anonymous..they have fine print that allows them to publish your name!!
@@elwoodjones4772 yes you can be anonymous in certain states MD is one of them look it up
I too won the lottery 7 times. Now I have 7 dollars.
This crack me up 😂😂😂
Aleast you won lol 😆 😂 🤣 😅 😄 😜
I won 22p last night 😂 I understand gambling problems now tbh, u feel excited as there is a tiny chance of a win, gona have to reign it back. And would probably try not to tell anyone I’ve won for a while
Sshhh..Don’t tell anyone!! 😂😂
You missed the real winner, Dennis SanFilippo. I worked with him when he was still a roofer, dead broke with expired tags on his truck. He won over 30 million. He bought himself some land, and old truck and gave some to his son.
He ended up far wealthier than the prize money with all the property he bought and moved to Nashville where he chased his dreams to become a legitimate rock promoter and was Eddie Money's manager.
He was a down to earth guy but he honestly believed that he had a number system that guaranteed he would win. He called his shot and got lucky....
He came back to visit my dad after winning and told him that he felt exactly the same when he woke up in the morning, he just had more choices.
The ppl in Jamaica wear Halloween masks when the pick their lottery check
Because they know that people would do anything just about anything to get their hands on their money 💰
Because their badmind neighbours will try and kill them for it.
Very smart.
😂😂😂😂😂😂😂
And no ones ever won.
Still don't understand why lottery winnings are taxed in some countries, like the USA! Since when was winning a prize equivalent to earning an income? Pure greed!
Pixelles now u know that’s how USA Keeps going
@@Alex420DT that's just crazy. Im glad i don't live in USA
Imagine you're the CEO of a very big corporation and you don't want to pay tax. Now imagine your company ran a Lottery for $1, and the winnings were $10,000,000...but only you bought a ticket...and your number came up...Oh, you don't have to pay tax on Lottery winnings...then it's tax free.
This is why. Asshats at - and near - the top will use every single trick in the book to NOT pay taxes. They fuck it up for everyone else.
in Australia you keep the lot and you are anonymous. you pay tax on interest or earnings after the first year.i dont understand in USA millions of dollrs won and you only receive half or less if you take lump sum.what happens if you take the annual payment option and you die in a few years ,what happens to the money.
Wherever there is money, government isn't far behind. Politicians are the greediest of all.
we just had a 22 million dollars winner. he bought a ticket to break a fifty dollars bill. if it's your destiny, it will happen to you.
The concept of 'luck' is a random one. There's a reason that many call it 'dumb luck'.
Thank u thats what im saying
Bull crap!!
WHO IS ''WE''..?? AND YOUR FULL OF JELLY BEANS..LOL
The man that feels lucky is right.... the man that feels unlucky is equally as right. PERIOD
I found a quarter on the street the other day.
Doubled my net worth
Jerry G hahahaha
Lol
Lol
Looks like you just got a clue.
Ouch ;) .
Talk to a tax lawyer, set up a trust fund, speak to multiple financial advisors, set a minimum budget per month, keep a job if possible or volunteer to keep busy, don’t give money out provide opportunities for people asking for money, DON’T tell anyone you have won. Just get up and move and reach out to who you have to prior to starting anew.
Not telling anyone is key! No upside whatsoever
True
the wrong financial advisors / lawyers will run thru your money faster than you ever dreamed of be careful and research
that's good and solid advise.
@@PablitosWay exactly
Smart lottery winners are the ones you never hear about again :)
He owns 33 properties now? That's a smart lottery winner. The Brad Dude is smart for going back to work and having his money work for him.
DO YOU BELEIVE EVERYTHING YOU HEAR FROM PPL YOU DONT EVEN FUCKIN KNOW,WOW..DONT FORGET,'' THIS IS YOU TUBE,FOOL..AND AN ADVERTIZEMENT.
Wife and me already have people asking for money every day and we haven't even won anything
Cliff JONES 😂🤣😂
If you do win start planning to move as far you can.
Tell them all, "The Bank's Closed Permanently."
That’s what happens when you work as a loan officer 😋
Right, Im so fucking scared to win, I feel like people are going to come for me
Money cant buy u happyness but i would rather cry in a firarri than a bus
PuLsE X Crallo . Lol 😂
The one thing money CAN'T buy is....Poverty. :0)
ROSE ARE RED
VIOLETS ARE BLUE
WHY ARE YOU
SO FREAKIN GOOD
😂😂😂😂
But, as Dr Murray Banks says, "You will suffer in comfort."
You would still be crying. Common denominator
Smartest lottery winners are probably not on this list :)
coz they somehow managed to be anonymous.....
that's a fact!!!
Good one! I agree.
exactly these ones face shown
Azad SIDDIK
I want someone to give me SIX numbers from 1-54.
Hell yeah
@@devcrestha 5 , 8 , 9 , 15 , 31, 34
Respect the Money & it will respect you back.
Respect what the money buys.
bingo, very well stated
no matter how much you win, there will be jealousy. I won 1,000 from the Albertsons grocery store Monopoly game. My girlfriend's sister in law was heard saying we didn't deserve it. She started to act really funny with us and eventually turned her back on us as time went on. She thought she should have it. 3 of daughters were around at the time. She only had one kid. My girlfriend and I were struggling to get off of public assistance, and she and her husband had very well paying jobs each. Where her logic came from, I have no idea. What's really funny was the money wasn't in cash, it was in the form of gift cards. Lol
Thank God your sister in law showed her true colors. 1000 dollars is nothing.
Sounds like my in-laws.
@GerMart gotta be more to that story
Adam Harrison; Question???
Were you guys living in California at the Time???
She's an entitled you know what. She has no logic.
The Belfast winner's FIRST smart move was dumping the big mouthed girlfriend.
My next door neighbor won the lottery not too long after he moved into the neighborhood almost 20 years ago. Originally he moved into my neighborhood because its much cheaper than the town he previously lived in (his house is much smaller than mine).
His jackpot wasnt as large as any of the winners in the video. He won 3 million dollars. But he chose the lump sum option which meant that the state takes 50 percent of your jackpot right off the top and taxes you on the remaining 50 percent they let you have (Yeah. I know. That sucks). Which meant he netted around 960 thousand and change after taxes. He was pissed because he thought the lump sum option meant they would give him the 3 million dollars up front in full.
Neighbors were positive that now he won the lottery, he would move back to his old, more expensive neighborhood. Or anywhere else more expensive. Instead, he stayed. And he put his money to good use. He improved and slightly expanded his house. Finished the basement, an extra room and bathroom in the basement, expanded the size of his kitchen, new siding and a new roof, installed central air conditioning, put an inground pool in his backyard, put in inground sprinklers in his front lawn, etc. And he invested part of his money into his own plumbing business and bought himself a truck and a couple vans for his business. He seems to be doing very well as a plumber. I see him and his helpers leaving in their truck and van every morning to go to work. I imagine he has long since earned back every cent of his jackpot that he spent or invested and then some.
Funny thing is that right after he won, my family members went crazy buying up lottery tickets for the next weeks jackpot. I bought none. I thought the chances of winning the lottery are already astronomical. But the chances of me or my family winning the lottery the very following week after our next door neighbor has won, is just about much more impossible. Predictably they won nothing.
Buy 10 properties. Hire a property management company. Live off the rent. Not rocket science
That's something I would do
If you've got a property management you need more than 10 properties.
Simon Maguire dummy he said hire one ... and you could even hire one wirh a single ass house but it wouldnt make sense ... still possibleeee
Your idea is responsible. Many lottery winner's allow GREED to take over and they end up broke.
rent? why?
I also sometimes play the lottery in Europe and friends tend to ask me what I would do with the winnings. My answer is always the same: since it is a non taxable income spend 30%-40% on real estate to ensure an income because you never know, buy a car of maybe €20.000 because why spend hundreds of thousands of euro's on a sportscar when you can only drive 120 km/hour max? Buy a normal family home but with a big property because what good is a giant estate with 50 rooms if you live on your own, all these rooms have to be filled hence more unnecessary expense. Keep working, if you quit your job sooner or later you will become bored or give away that you have won the big cheque, say goodbye to your personal life/space after that. Don't change my way of life like buying giant bottles of champagne because a beer will always be better in my opinion, keep going to the restaurants you used to go instead of the fancy ones it is the food that counts instead of the status a restaurant brings.
Excellent advice
what most people don't realize is that money is a tool, nothing more. and you have to treat it that way. it's all about keeping things in perspective.
either you put the tool to work or it works you over
wwdavis8989 a screwdriver works. You over?
wwdavis..tell him a Glock would take care of the screwdriver!!!
Homer: Aw, twenty dollars! I wanted a peanut.
Homer's Brain: Twenty dollars can buy many peanuts!
Homer: Explain how!
Homer's Brain: Money can be exchanged for goods and services.
funking hilarious
The smartest lottery winners aren't on this list because they accepted their lottery winnings anonymously.
but some states "in the u.s at least" being anonymous isn't a choice :(
Adam McGrath a lot of places won’t allow you to remind anonymous because of laws forcing people to announce they earnings!
In some states you cannot accept it unanimously. Must do a media interview.
Bullshit
@NurturingTalents , You'll always have hundreds of inside people who work in the lottery commission who know exactly who won. They got your address, phone number, everything. That's how the news usually gets out and why they offer to put you in a hotel immediately. The best thing to do is hide for at least a while.
I am going to win the lottery
Nope!!!
Yes, you will.
So em I 😂
Hey let's all win the lottery, you just gotta know RNG manipulation and bending the luck of the universe to your favor
You are more likely to end up poor trying.
This is the kind of stories I like to hear. Good for these people.
If Brad Duke would have invested 50 million in Amazon 2005, he'd be worth 1.7 billion today.......
it pisses me off seeing nobody ever go directly to amazon with a chunk of their winnings. tf amazon is still growing to this day, on track to take over even walmart
I'd probably put at least 5 million in a high-yield savings account and never touch it. If you get at least a 1% interest, that'd be about $50,000/year. Even if you lost all the rest, you'd have a decent income to fall back on.
@@benjamincrew1949A savings account is garbage interest. Put it in an index fund. Make like 5x that at least on average.
@@originalguckfoogle Yeah, I was just thinking that with a savings account there would be virtually zero risk of loss.
@@benjamincrew1949 Best thing to do when investing is diversify, government bonds will always pay, you can put some of the money into bonds with a guaranteed return after x amount of years. But it makes the money non accessible for that time.
Money=opportunities the more money you have the more opportunities you have, it's that simple..
paul bellenie
and that's how u wrk the money for happiness.
I could pay that company instead to hire n teach me.lol.trying out different cool jobs.
"Didn't know belfast was that dangerous" looolll
Upload
FaZe HugZ man I love u vids never thought i would see u
“looolll”
im from Belfast , seen Peter Lavery years back in his Jag ,
Duh it is
Belfast was home to the infamous IRA, you should look it up and learn about the history of Northen Ireland. I find it strange that you did not know about that...
Mark Slaphappy jep
So agree.
Mark Slaphappy a lot of young people have no Idea about History that is the state of education in the world !!!!
Nick M
.
I HAVE MY OWN IRA!!!!
@Mark Slaphappy..
He is not one of THE SMARTEST whatever... obviously!
I've just found my new career: Lottery winner🤣
The real winners are people who don't invest in lotto tickets. The only time I get lotto tickets is from my grandma for Christmas lol.
You dont know Belfast was dangerous? Read a friggin book dude.
Ahahahha
"#blast" he'll regret that comment once he has read up, just an innocent mistake a la American style though, they're cute that way (I'm Scottish, stuck watching that nonsense as a child, I had to lose my objection to the Belfast accent once I realised they weren't all terrorists...)
@Tom Reed 'freedom fighters' who go into people's houses and use a power drill to drill out the knee caps of some guy they hate, in front of his wife and children, or go to london with 1000lbs of tnt and set it off in rush hour killing dozens of people, why the fuck do you NOT call them terrorists?
@Tom Reed wtf?
this did not need to be a 13 minute video
DWARKANATH BHATTACHARYYA exactly, went so slow
Im going to win lottery tomorrow....
Thank you lord.❤
I'm winning Tonight 5.März 2021
€47.000.000 Jackpot,
The Euro Jackpot
Thank You Lord Jesus.🙏🏾
I'm going to win today- (never put off for tomorrow what you can do today) lol
Be careful what you wish for you may just get it , you will win big but use it wisely .Remember my words my friend
I’m going to win tonight.
Did you win?
Way to go Les Robins !!!! When I heard this story .... I was like finally someone actually put their money to good use the young p eople of today are our future I'm so happy that those children are being built up with confidence and learning to have fun in a community . Thank you Les Robins!!
I used to work for city bus in Belfast in the 80's. I remember the drivers coming in and their buses had been hijacked on the falls road and set alight. Also several bombs went off in the city while I was working there. We were evacuated on a couple of occasions.
The smartest lottery winners are definitely the people who won a dollar during their childhood and never played ever again.
The smartest never reveled their name and that alone is doing better than everyone on this list.
abram garibay oh alright
Peizxcv in most states you have to
abram garibay YESSSS FUCK YOU
Fluorescent Monkey Actually most states have ways to give you anonymity. Only 18 states don't allow anonymity. The 18 states that don't allow anonymity are Washington, Oregon, California, Idaho, Arizona, Montana, New Mexico, South Dakota, Iowa, Illinois, Michigan, Georgia, Florida, North Carolina, Virginia, Pennsylvania, New York, and Rhode Island.
abram garibay TRUMP 2020
Key to winning the lottery, stay anonymous and move somewhere new
That's hard living in Florida.
KEY TO GETTING RICH,''DONT PLAY THE OTTERY..UGH,OR CANT YOU HANDLE THE TRUTH..
FiddleStick's bessette what? that its somewhat possible to win ?
I enjoyed the couple from 3. They didnt fight over the money they came up with a plan and worked as a team.
I love ppl like this.. smart ..buys a few lavish items..puts the rest in business etc.
"Money doesn't bring happiness "
No but it opens a lot of doors where happiness hides. If I had just 1 million, I'd never have to work as hard as I do. That would bring me some sort of happy feeling, to be able to use more of my time rather than work 6 days a week.
Wait so Brad Duke won $220 million but after taxes received $86 million. That sucks.
Mainframe cash option takes most of it.
lmao frfr
Cash option, you only get a percentage of the jackpot to start with, depending on where you live, its around 60-70% of the total. Then you have to pay tax on the amount that you actually got. so on 220M x 70% = 154M x 45% taxes = 84.7M that you get when its all said and done.
The lottery in Ireland is tax free
Pretty sure there aren't any taxes on lottery winnings in EU countries (or at least in most of them).
Had I won the lottery, I'd buy a small house, very little items, work as a streamer, go to school and do what I wanna do, etc. I'd have a bunch still since I wouldn't be paying that much.
I'm not even walking out of the comptrollers office without an attorney, an accountant, and a bodyguard.
Cool Anyways here’s the Recipe for brownies:
1/2 cup butter
2 eggs
1 cup sugar
1/3 cup cocoa powder
2 teaspoon vanilla extract
1/2 cup flour
😏😏
I would start my own goth-themed Cafe and attend many more years of college for culinary and conceptual art. It's nice to dream, I always wanted to own a restaurant or Cafe when I was a kid.
Lustig is a TOTAL Scammer.
Tony DeTuna scam=millions
Don't know what his book says, but two things that might help profit from a lottery: WAIT for the jackpot to have been built up by previous losing rounds of other people's money, when the cost of a ticket can be worth more than it's minuscule chance of winning... and pick numbers ABOVE 31 (and especially above 12) so, in the unlikely chance you do win, you don't split it with the 10,000 other people who bet their anniversary/birthdays
sol rayz
incredible.
How can you NOT LIKE THESE FEEL GOOD STORIES! It's refreshing to hear about smart, sensible people doing fine after winning the lottery. The idiots who voted down on this story... I'm sure many of them are either jealous of these particular winners... and maybe-just maybe... some of them are the boneheads who threw away their millions themselves! Lol
"Money doesn't bring happiness." that saying has been around since the cave dwelling days. It's meant to keep the vast majority poor.
money is not the root of all evil. the love of money is not the root of all evil. the lack of money is the root of all evil
Agreed. It's usually what the rich say to the poor people to shut them up. The "guilt trip" too. You know the ol' "You should be grateful, others go completely without" etc.
In fact there's quite a few little sayings that were created by those living in oppulence for use to silence dissent.
A rich person saying "money doesn't bring happiness" is the same as an ugly person saying "beauty is on the inside."
I am going to win the lottery soon... I've had that guy feeling for too long
Good luck!!
"I had no idea that Belfast was that dangerous." Dude, seriously?
I know ! Funny …
Money brings me happiness idk what y’all taking bout.
Selfmade DC 💀💀💀💀💀
No money make u depressed hahaha
@@cindybotones328 the only time money depresses me is when I run out
The only time money makes you depressed is when paying the bills
I haven't watched the video just commenting on title. GOD BLESS all of you.
If i won i would keep it simple. Move far far away. Buy a 500,000 home. A couple nice rides. Start an animal rescue. And give some money to close family.
You had no clue that Belfast was dangerous?
It's literally the go-to example of a city in conflict.
"Had no clue Belfast was that dangerous" - its Belfast.
Obviously never heard of the IRA...
If I won the lottery I would be investing like crazy, and creating trust funds not just for my immediate family, but also for all future generations. History has taught me that sooner or later there will be a generation with a total fuckup, and if that one person inherits everything then it will ruin it for all his/her descendants. Best to make sure they don't get access to everything so their children can still benefit.
I'd get into running apartments in largely populated areas go to college to learn how to avoid lawsuits and manage them I'd rent to families etc thereby increasing long term stay and profits due to the fact they have something to lose put half my yearly profits a side in case floods etc
Agreed.
And that's exactly why you'll never make a bad investment like buying a lottery ticket, and therefore never win the lottery.
no you wouldn't LOL thats what my grandpa said when he won 6 million AUD hahaha
1st gen= successful people,
2nd =spoiled brats that screw up,
3rd =smart kids that strive to be like their grandparents,
cycle continues
Lol. ‘Didn’t know Belfast was dangerous’
I think the “smart” move, regardless of finances, is to do something, anything. Keep yourself busy or you’ll probably enjoy an early and very very long rest in the cemetery.
I’m retired young due to injury. Sat on my ass for 4 years and gained weight. Became extremely bored and drunk. Now the wife and I work, 4 hrs/day, 5 days week in a small business we started. Not getting wealthy but happier than we’ve ever been and ya just can’t beat those short work days.
I would never ask anyone for money if they won the Lotto, Im not particularly close to my family so I wouldn't give them anything but i'd give money to the Uncle's and Aunties since they're getting old though
I would give none to my Family not close to any of them
Christine Davis Well that's sad.
I only have a close relationship with my mom and two siblings. They are the only people I would share with.
Still hasn't done a day's work, the new excuse is he can't work because of the kids at home, you know the ones that are at school all day, lazy fuck
Christine Davis if wasn't for them u wouldn't be born. Being selfish without winning the lottery..that's why maybe some people never win..
Finally winners that didn't waste all the money, they usually don't get much attention
Everything in moderation.
Number 6 is something I would do most definitely. Open up my own businesses if I won the lottery. Glad I watched this.
Owning businesses basically is the key to being rich
Pornography
Pornhub
Excuse me?? A woman here in Spain won the biggest Euromillion prize for more than 320 million euros. She didn't touch the money for 3 years, invested in safe funds and stayed at the same secretary work without anyone noticing it. Then, when she basically had way more money she just bought a little ranch and left her job for a quiet life
Any links to her story? Thanks for the info
@@PablitosWay yes there is, and I was way wrong about the number (126 millions euros) but it was the biggest ever in Europe at that time (may 8th 2009, you can check out) and the woman which was from Mallorca did exactly that, told no one and stay at job until a couple of years later. It was featured later on on a magazine, that's all I know. Here's a brief news that I found online. She actually didn't quit for a couple of years not just one like it says www.lottosphoto.com/blog/what-to-do-if-win-euromillions-lottery.htm
I haven't won the lottery, but I did get an inheritance from when my Dad passed away in 2002.
It wasn't a lot but I only found out because my foster parents told us and the older children found out too.
My real brother also had money from something else but for TLDR; sake, my foster sister and her husband (who I stupidly trusted at 18) borrowed most of it and credit in my name. After that my brother took care of me until we couldn't afford rent. We became homeless and never hear from anyone again. (My friends saved us since we got evicted and are the family I now have. They helped me with money and somewhere to stay + looking after our stuff.)
My friends and brother were the only ones I could trust, so always be careful who knows (but in our case we were told by the family about our money.)
@Winx Believe It was only £25K but it was all gone by 2009
If I win the lottery, I will give most of the money to my family and friends so they can get out of debt. And I will spend 100k per year, which I think it will give you a comfortable life in the town where I live.
This reminds me of the bagger who works at my local grocery store. I worked their with him in high school. He kept a notebook of all the numbers he played, and claimed one day he would win. He would always claim that his numbers he played won a few days later. That he needed to figure out how to get it to the exact day and he would some day. This was 15 years ago. I saw him the other day walking out of the same store wearing his apron carrying his notebook. The lottery is trash.
what an idiot,stupid on so many levels!!!
I just won $3 from a scratch off and bought more scratch offs with it, I won nothing but no one will ever find out. Do I count?
Yes, that would put u on the list
I’m watching these lottery videos in my attempt to be smart about how I invest, finance, and budget my “guaranteed lottery” in a sense of a large nearly 1 million dollar lawsuit settlement Thank you so much
Good luck! Hope you invest wisely and the market goes your way so you double your money in a few years 👍
How young is the narrator that they don't know that Belfast was dangerous 30 years ago????? Or maybe just aware of history?
Man I love the story of Les Robins. Sounds like a great story!
it speaks volumes that this video recieved 54k views and the dumbest lottery winners, the other video produced by you has 2.4 million views 🤔
tony fernabdo People enjoy seeing other people fail.
Kragthor yea you got that right.
Schadenfreude
tony fernabdo no one would want to repeat the mistakes of the dumb lottery winners
tony fernabdo You're not the sharpest knife in the kitchen drawer,it was only uploaded on May the 4th 2017 and now has 440,637 views so rapidly catching up on other videos give it time.
am I the only one who finds this narrator very annoying?
SilverBack100383 I was thinking the same thing
Ahhh a waitress at our local restaurant won over a million dollars in the state lottery... she is NOT a waitress any more. So, not sure what you are talking about here.
Certainly there is that crowd... who waste their money by buying way too many tickets .. They don't understand how the ODDS work.
On the other hand, there have been people who have never played the lottery before but have a very powerful dream.. and are given specific numbers... and they have won. by spending one dollar.
If one has a strong premonition and so buys one ticket and wins... that is not what I call a stupid person... it is a person who is Aware enough to pay attention to their gut.
But yea... those who continually buy lots of tickets... all the time. That's just a silly addiction.
Sounds drunk
I do!! Like who cares of the guy has a decent amount of money. Anyone can play the lotta.
Surprised how many people went into another business, wouldn't you just bank the $220 mill and live very comfortably from the interest?
Money doesn’t buy happiness but sure as hell puts a dent in misery!👍
first thing to do when u win the lottery: break up with ur gf
Satchury hahahaha
Hilarious!
Depends on how long she has been with you or if yous lived together..there are a few surprizes there i,m afraid!!
I'd keep mine. We met when she was way up, and I was at rock bottom. Wouldn't be here without her😊
👍👍👍👍
you didn't know Belfast was dangerous?? really?
john martin it isn't dangerous at all
IRONY in the 70s-90s ,Belfast was probably the most dangerous in europe
IRONY haha you've obvs never heard of it
assgrass 420 not now,but in the 1970's and 80's and 90's,very dangerous indeed.
Not sure what you mean by "wise up" here. The violent HISTORY of Belfast is well known. Yes, it is quite different NOW, still I would not be surprised if there were not still some 'ill feelings' around.
It would be nice it other places could use Belfast's apparent success... as models to heal their own issues.
“Why would he wanna play the powerball if he was already rich?”.... 🙄 uhhhh become more rich? 🤦🏽♂️
There was this millionaire in calgary alberta who had won the lottery, he went on record saying he was just gonna give it away to a charity because he didnt need it.
get richer... duh!🤔
NinjaZXRR he is crazy....
All Richard Lustig's book did was increase the price of a lottery ticket. It's now $2 for one ticket so thanks, Richard.
Precious metals and real estate... Oh yes, go into hiding for several years.
one day I'll win the lottery
Sassy Girl Me 2 im sick of work.
Looks like you already did
Today I will
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The narrator----oooh man-hes like he's reading a book.
I always believe starting or buying businesses where people work for you is a good move.
Gotta keep the cash flow going
E-Live Da God It’s a great way to share the wealth. As long as you never let anyone know that the business is funded by lottery money, because you then run the risk of tempting your employees to steal from you, justifying to themselves that you can afford it. Even the most pure-hearted people can fall to temptation, unfortunately, secrecy is key. Even if you believe your business can afford to lose money for a while, never let anybody know it, because then you’re almost guaranteed it will.
E-Live Da God. just starting a business is not enough...its the well managed controllersip budgeting ownership of your capital structure debt structure and taking great care of your customers whether providing goods, services, product.. requires capitilization and knowing how to manage well to preserve capital
for growth...
jb
"I had no idea Belfast was that dangerous..." - dude...do you not know ANY history?
"No idea that Belfast was that dangerous" -- how young are you?
It must be hard to spend $340m and end up broke even if you really try to. Even if you keep a hundredth of it aside in a normal bank account you'd be able to live on the interest of this alone.
"£2 million doesn't make you 'rich', just 'well off'"?? Sounds more like someone's greedy to me! I'd be THRILLED if I had £2 million!!
"I had no idea Belfast was dangerous " is modern history not taught or talked about that's a worrying statement
"Belfast is part of the United Kingdom"
>Also doesn't know about the Troubles, okay then.
It is part of the UK, sadly.
Money does not bring happiness but can only distract you from misery...
stalker "Im killing myself if you dont send me money..."
me "you promise?"
I am from Belfast and let me tell u from 1969-1996 "the troubles" in Northern Ireland was one of the most dangerous times of any country ever, the border between Ireland and Northern Ireland was the biggest military border in Europe due to religious tensions between protestants and catholics
+Robbie The "troubles" were mostly about disparity in economics. Modern people don't actually kill each other in large numbers over superstitious nonsense like religion. The religion thing was for marketing purposes.
You've never heard of N.Ireland troubles and you call yourself a video journalist
I’d turn my lottery winnings into an empire of wealth! I’d build a good restaurant, I’d get professional recording equipment for my own cooking show, and. I’d also invest in some hotels under construction.
Hotel?
All those things are a recipe for disaster!
@@Chahlie my point is that If I won the lottery, I’d invest my winnings in such a way that would free me having to work for anybody ever again
The Mrs. says: If you win a big lottery, think about your future right now and put much of it away and be strong not to let your so called "friends" beg off of you, you will soon find their no friends at all and will never ever pay you back, well, do they ever anyway and your relatives will be worse, they don" like you any more then you like them or they will pretend they like you, Not.!!! My husband and I paid off our home, our cars, and maintained a low profile, we never dressed fancy, or wore fancy jewelry and drove the same car for years, and no, we did not win anything, we rat holed our money and have never ever took a vacation. It has paid off over the years, were now elderly and have a good pension, rentals of which is paid for and a very good income, all because we behaved ourselves and worked for the future not for the moment, thank god our good sense has paid off, you need comfort and peace of mind in your old years because there is no one and I mean no one who gives a good G damn if we eat or not have a place to live and the people we do know are jealous because they have nothing and wished they had done the same thing we did bur no they had to go to Vegas or screw off their income in the Casinos and blowing off every damn dime on crap they never needed in the first place, cars, booze, god knows what else. So, save that fortune because the future is here and you better be prepared when the time comes for you to face the music when an old tired face is looking back at you in the mirror and you have nothing to take care of that old thing no one wants and could not care a damn less about your life and want nothing to do with a no body with nothing.