Anecdota

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What to Do After You Win a HUGE Lottery!


Here are the steps to take after you win a
huge lottery! 9 – Pick the Lump Sum or Annuity Sometimes a little bit of self discipline
can go a long long ways. That’s especially true for people who win
the lottery. I mean, let’s say you win a crap ton of
money, like 200 million dollars….cue up the Dr. Evil laugh. But seriously, that qualifies as a life changing
event. And while it would be tempting to cash the
winning ticket for for 200 million dollars, well considerably less once the government
takes their cut. Depending on who you are, it’s wiser to
take the annuity rather than a lump sum. Why? Basically, it’s to protect yourself…….from
yourself. Why do so many lottery winners go broke? Why do so many professional athletes go broke? Basically it’s just the fact that they spend
more than they earned! The cash isn’t forever. Basically, if you can’t keep the same lifestyle
after life-changing money, well, the annuity is probably the best option to take. It sounds like it’s an easy concept, live
below your means, but it’s harder than it sounds. An annuity is basically like letting the government
hold onto your winnings for a while and invest it for you, without taxing the return on the
said investment. The annuity also continues AFTER you lie,
assuming you pass on to the afterlife within 30 years of your winnings. So it becomes a part of your estate, and once
you die, your estate can take out a lump sum so the IRS can only tax the estate once. Of course, if you have insane self-discipline
and you understand finance pretty well, then yes, taking the lump sum makes much more sense
because, let’s be for real, the numbers don’t lie. Or do what I’d do, take the lump sum, and
don’t touch the principal and live off whatever the principal makes! 8 – Hire a Team
Mo money mo problems. Biggie wasn’t lying! You definitely will want to hire a team of
professionals to help you manage that money. You’ll basically want an accountant, a fiduciary,
and an attorney. A fiduciary is obligated to give you objective
advice about how to go about managing your new fortune. They can also be the “bad guy” along with
your attorney. As Jason Kurland, an attorney who specializes
in helping lotto winners explained to Vice News, people will come out of the woodwork
to give all sorts of quote, “great investments” for you. A series of bad investments can drain your
winnings pretty quickly and it’s hard to know when to say “no.” You can simply let one person on your team
be the bad guy who decides when or when not to invest and be the one who says no. Your attorney and tax accountant will help
you set up and navigate all the legal hurdles to protect your nest egg and minimize your
taxes, because let’s face it, who wants to do that on their own with that type of
fortune when time is more valuable than money at that point? Every state has different lottery rules and
tax laws, so you’ll definitely want to talk to someone who can specifically analyze your
situation and give you the best advice possible. Hire that team, and make sure it’s not just
your uncle Ted without any qualifications! 7 – Stay Anonymous
The easiest way to save yourself from a lot of trouble after winning a giant lottery is
to stay as anonymous as possible. Don’t tell anyone that you won the lottery! First thing you’ll want to do is to set
up a trust. It’s a way to remain anonymous that way
when people look up who won x lottery, they just see the trust. I mean think about it. Let’s say you win hundreds of millions of
dollars. Then people find out. Best case scenario, a bunch of your friends
and family start hitting you up to borrow money and it’s just really annoying. Worst case scenario? Shady business people constantly hound you
for to invest in their horrific business ideas. Online scammers consistently try to cheat
you out of your money, or worse, people try to blackmail you or even threaten to harm
your family for ransom. This all sounds crazy, but it’s all happened
before. First things first, sign the back of your
ticket. As lotto attorney Jason Kurland explains to
Vice, “technically whoever hands the ticket in is declared the winner. If you sign the back of it, you secure that
it’s yours.” Okay, so there’s that. Forbes contributor Robert Pagliarini, an expert
on sudden wealth, recently wrote about something called a “Claiming Trust.” This means that as the lottery winner, you
assign the ticket to a trust, which then claims the prize and holds it for a short period
of time. You then set up what’s called a bridge trust,
which ultimately transfers the money to you. All this may sound like a lot of headache,
but this “trust within a trust” method shields winners from the public and other
people you don’t want to know. 6 – Don’t Buy Anything….for a while
Here’s where your self control and discipline will REALLY be tested. If you win the lottery, don’t make any major
purchases that you wouldn’t normally make for at least three months up to a year, and
that time period really varies from person to person. Really, it’s probably just best to do a
year. You gotta get used to the money, and let that
initial shock wear off. It’ll take awhile for everything to get
back to normal. But if all of the sudden you start living
this new fancy life, chock full of champagne, limos, and crazy expensive clothes and cars,
you’ll be setting yourself up for failure. I’m not even mentioning what the money can
do to your relationships, and how with a new flash lifestyle, people start to look at you
differently. In other words, live your normal life for
a while. Keep your day job, stay in the same house,
and don’t deviate too far from your normal spending habits. Sure, maybe you’ll splurge on a nice dinner
a bit more often, but for the most part, the more you maintain your usual routine, the
better off you’ll be in the long run. 5 – Pay Off Debts
If you have any debts, the first spending you should do with the money is to start paying
off all your debts if you have any. Credit Card bills, student loans, etc. Yep, even paying off your mortgage is smart,
unless your interest rate is ridiculously low and it’s lower than the return you’d
earn in some other investment. That’s another discussion really. According to Forbes writer Deborah L Jacobs,
paying off your debt is really the best investment a person can possibly make, and that’s something
I’d have to agree with. She said quote, “When you’ve paid down
a dollar of debt, that’s a dollar you no longer owe. When you invest a dollar, you can’t be sure
whether it will grow or shrink.” True! 4 – Make and Live on a Budget
Generally speaking, making a budget and abiding by it is a good practice to live by no matter
how much money you have. But when you suddenly win a whole bunch of
money, it can be easy to think that the money can just last forever, and not worry about
a budget at all. The truth is, no matter how much money you
have, you’ll always have to manage it, and you’ll always need to be smart with your
finances. By the way, you can totally spend some money
on yourself and friends after the initial waiting period is over. It’s okay to take a vacation, buy a new
car, enjoy a fancy dinner now and again. The key is to figure out how you can make
the money last a lifetime, maybe more, and basically, let the money work for you. Even with millions of dollars, it’s really
easy to light it on fire and blow through a few million in a very short time. Setting, weekly, monthly and yearly boundaries
will help you avoid the pitfalls of spending too lavishly and burning through all of the
money. Like I said earlier, the safest bet is to
not touch the principal for spending. Just think, you’ve made it this far without
spending crazy amounts of money, so why not keep that going and save your newly acquired
fortune? 3 – Make the right picks
We’ve always been taught to invest our money. Let our money work for us. Let’s not forget, Warren Buffett made 99%
of his money AFTER he turned 50, because of the magic of compound interest on the hundreds
of millions he already made. However, you’ll want to avoid BAD investments. Now what exactly constitutes a bad investment? Hmmm, well if your friends suddenly start
coming up with new business ideas after you win the lottery, chances are, it’s a really
bad investment. In fact, most new businesses fail. You gotta invest your money and let your nest
egg grow, but you don’t need to swing for the fences. Just like baseball, focus on solid contact
and you’ll hit a lot of singles and doubles with some home runs mixed in. Matthew Goff, a Houston based financial advisor,
told Market Watch that lottery winners should divest their fortunes after they set up an
annuity and pay their taxes. He recommends putting most of the money in
a short term corporate bonds. This alone can generate millions of dollars
every year. There’s also a short term municipal bond,
that according to Goff, offers tax free incentives and can generate additional hundreds of thousands
of dollars every year. Now I could go on and on with different ways
of investing the money, but the right investment depends on the investment goals of the individual. You just gotta make sure you have someone
who’s qualified helping you make the right decisions so you can reach your financial
goals. 2 – No New Friends/Practice Saying No
If you happen to win the lottery one day, you’ll notice a very odd trend. You’ll suddenly have a lot of people who
wanna be friends with you all of a sudden. Now, it very well may be the case that they’re
drawn to your winning personality. However, more often than not, these people
are after your money. Just don’t be their friends. CNBC reported in 2017 that lottery winners
are far more likely to file for bankruptcy within three to five years than everyone else. One reason is that not only do new quote “friends”
appear, but existing friends and family members tend to ask for money pretty often as well. And while it can be difficult to say “no”
you’re gonna have to get used at it. Remember that attorney Jason Kurland? Like he said…let someone on your team be
the bearer of bad news. If you’re having a hard time saying no,
simply defer all of those decisions to that person and let them be the ones to turn your
friends down. After all, if someone only likes you for your
money, are they really your friends? And if you go broke you can’t help anyone…including
yourself. 1 – Set up Asset Protection Strategies
Even though I just went over practice saying no, sometimes you’ll wanna say yes, but
just know that the times you do say yes, you’ll probably never see the money again, and just
be okay with that. Once you figure out who the most important
people to you are, and who you actually wanna help, you’ll want to set up some sort of
long term asset protections plan. We’ve already discussed annuities and blind
trusts. But you may also wanna reconsider your will,
to ensure that whoever you picked to help will be able to get some of your money once
you pass on to the great beyond. If you don’t even trust yourself, you can
set up something called an irrevocable trust, which turns control of the money over to the
trust, which shields you from outside influences. A great example of this would be an asset
protection trust, which you regain control of years later. This insulates your money from creditors and
regulations that could adversely affect your money. Here’s what’s next!

100 thoughts on “What to Do After You Win a HUGE Lottery!

  1. If you win the lottery, lock yourself away, tell no one, use the Internet to plan your life, live off takeaways, once you spot your dream home, take your important stuff, leave the crap, move to your new home once the contracts are completed, buy cctv, tell only close family members, help them, fuck everybody else. Enjoy your life and always remember how much you have left in the bank. Forget this dumb top ten. Spend how you like, but always remember what you have left. A huge windfall is to be enjoyed through YOUR life. When you want to leave the money to whoever, make a will and don't say you have one.
    Peace ✌️ out people

  2. Rules after you win the lottery:
    1. Don't tell ANYONE.
    2. Hire an attorney you can trust with your life.
    3. When cashing the winning ticket, do it on a Friday, preferably a Friday before a long holiday weekend. Few people watch the news or read the papers those days.
    4. Learn to say no. Everyone has a great investment for you. Say no.
    5. Give ONLY to people who truly love you and have been there for you for years. Cut everyone else out of your life-think all those people who call only when they need something or the jerk who just happened to go to your high school. Never talk to them again. Ever.
    6. When disbursing cash gifts to those who truly deserve it, do it anonymously through an attorney. When they thank you for the money, deny it! Until the day you die! "It wasn't me. I don't know what you're talking about."
    7. Guys-don't get married. Get a vasectomy too. If you want to keep open the possibility of marriage and family open someday, store up your sperm in a bank. Then get a vasectomy. If twenty years later, you meet a truly good woman who is not about money, fine. Marry her and you can still have kids. Make her sign a prenup. Don't tell anyone you had a vasectomy.
    8. No new friends.
    9. Change phone number and email. Shut down all social media profiles.

  3. Some countries already do this. The US absolutely needs to make it easier to win. Rather than building the pot to $500mil make it easier to win so 1000 people win $1mil each. After taxes they pretty much have enough to pay off debt, buy a house, car, and can maybe educate themselves for a better job. Nobody needs to suddenly have hundreds of millions while so many others have nothing. I don't think the banks want that though, they make too much money in interest keeping people in debt. That's the American way.

  4. If you win, tell no one, collect anonymously, put most if not all into an account that accrues interest, just live off interest, done.

  5. I have won a mega lottery
    1. Debt free
    2. Share with loved ones what they deserved
    3. Setup a trust fund
    4. Setup a will and appoint a trustee
    5. Donate 10% to charities of my choice
    6. Live modestly and happily after!

  6. In the US they have a crappy tax system, it seems if you won the lottery in America they take half it off you before use it,then they steal the rest gradually when you are still alive.

  7. I have an idea that if I ever get really rich. I’m going to anonymously help someone every so often. Maybe someone who doesn’t deserve it but needs it. Set them up with a vehicle, a place to live and a decent amount of money. It’ll be a one time shot for each person. If they blow it they won’t get another shot and I’ll be anonymous so they won’t be able to find me.
    Of course I’d help my family and long time friends too.

  8. If I ever won I will take the lump sum my first move is to tie up all my(and close ones) loose ends then change some stuff around like my(and love ones) lifestyle a little but not too much then live the rest of my life normal like as if I never won anything basically my life will remain the same for the most part I will keep my beat up car(buy a new one much later) and my delivery job for a long while this NO ONE will ever suspect anything about me! I believe this is the safest way to go!

  9. Rule 1. Never say anything to anybody.
    2. Do your own research.
    3. Lawyer, accountant, tax person. Trust.
    4. Move
    5. Change your phone number.
    6. Review steps 1 to 5.

  10. Most states won't let you stay anonymous; your screwed unless you sue them. No uniform rules from state to state; this is the major problem.

  11. I just pray to win one day, and I dont want much to say if I won, God will show me a good way , how can I live with this money. Dont promise anything.22.04.19.

  12. STOP TALKIN SHIT.IVE BEEN PLAYIN FOR 35 YEARS,AND NOTHING,THE GOOD DAY'S ARE FAR GONE WHEN REALLY GOOD,AND FARE PEOPLE WORK'ED FOR THE LOTTERY,..HOW SAD,CAUSE PEOPLE DREAM,AND HOPE,AND WHEN THERE DREAMS ARE SHATER'D THERE'S NOTHING.JUST SAD:UGH*THIS IS JUST AN ADVERTIZEMENT

  13. I would invest in a funeral service and cemetery trust, for obvious reasons, and the fact that I want a huge pyramid and a few oblisks for presentation as my enternal resting place. Sound advice I say. 😉

  14. Seriously , right now annuity payments for mega millions start at over $2,425,000 after taxes . Hell I'd try to not spend more than 100 grand the first year . And the following years just increase to the last payment of almost ten million ALL AFTER TAXES . Sure I might die without spending all the money but I'd leave it to charity or someone .

  15. Okay first of all let's just be realistic who the hell really wants to stay Anonymous!? especially if you've been a loser all your life and you been lame, if you won a hundred million dollars of course you want people to know, that's the point, hey I'm rich bitch! I mean don't get me wrong it doesn't mean you have to stay in that City oh, and another thing at number 6 don't buy anything for a while yeah good luck with that LMAO

  16. I would pick a few unsuspecting people to help,like after my accounts are secure id sure take a ride out to the ghetto and hand someone a bag stuffed with 100s that's the type of person I am because I know how itd feel to receive it,I wouldn't do it 100 times but you bet ur ass a lucky person would get hooked up

  17. investing is a fool's game! id rather take a chance at the world series of poker! its 10,000$ to enter the main event for a million dollar prize! there's tons of side events too.

  18. From the moment I started to play, I decided that, IF ever I win something big, the first thing I will do is park it in a safe in the bank, NOT on an account. Next, I will go away for a few weeks, go sit in a hotel (have a good live for a while, let's say, 2 or 3 weeks) and THINK about it, what I will do with it. Make a plan. Try to talk to some people who know how to handle money.
    When I know, I will go get the money. Execute the plan.
    If you don't have a goal (plan) you are bound to do very crazy and stupid things, sorry to say so.

    Golden rule, first THINK, then act.

  19. I will start a company and grow 200 millions to 200 billions, so I can feed a lot of hard working people

  20. How could you blow all that money? by investing 50-60k I could live my whole life without ever working again… But 50k seems like an impossible sum to get…

  21. 1. Shut the fuck up, or tell a few
    2. Wait almost 3 months until you win you claim it
    3. Pay off debts
    4. Don't spend for 10-11 months
    5. Take lump some if you don't want to start a bussiness but if you do, do a real estate
    6. Do a budget
    7. Do shit things like buying like buying a lot of cars and houses
    8. Sell most of your cars and houses
    9. Make a will
    10. Think about start a small bussiness
    11. Repeat 7 and 8
    12. No new friends
    13. Spend on charity
    14. Don't spend your time on bussiness classes etc
    15. Buy a luxurious van for meetings
    16. Show off on instagram covering ur face

  22. IF YOU WIN A BIG AND FAT JACKPOT, BE ANONYMOUS AND TAKE IT IN LUMP SUM AND HIRE A TEAM OF LAYERS, ACCOUNTANTS, TAX SPECIALISTS, ETC from highly scrupulous banks, the works and tell them what you want and combine it with what is suggested by the website owner is saying also, if you want to.

    Ask them in a general practical way, one must create two groups of revolving funds invested in HARD BASIC LIFE SUPPORTING COMMODITIES-SERVICES PRODUCING-PROVIDING/SERVICING INDUSTRIES AND INDUSTRIAL BUSINESSES.

    The 1st group should consists of 7 to 8 revolving funds with an iron clad rule IN WRITING that all dividends are to be re-invested into them continuously and that they are well administrated, managed, stabilized, continously improved upon because of R&D reinvestments and using the Henry Ford policy of recycling net corporate income back into the producing workers at the shop floor ranging from 35% to 45% of net corporate income and 35% to 40% reinvested in scientific R&D and industrial preventive maintenance and repairs and periodic trouble shooting inspections-checking-testing-detection/analysis of all physical industrial producing and servicing facilities.

    The 2sd group has the same policies but with an iron clad "HAND WRITTEN AGREEMENT AND RULE" that all dividends, of which 1/2 is to go into reinvestment purposes and the other half is to given to you and you must make a rule to yourself/yourselves that you must invest in yourself by RE-INVESTING IN YOURSELF MENTALLY IN EDUCATION AND MEDICALLY IN HEALTH CARE CHECK UPS-BY EATING AND LIVING RIGHT-AVOID VICES NO MATTER HOW STRONG THE PEER PRESSURE IS. In short, "STABILIZE YOURSELF FINANCIALLY AND HEALTHFULLY" FIRST!

    Then after doing all that and in doing that the lessons and knowledge and experiences you have gained in the process can also be improved upon as you also help your family and immediate family members. FAMILY COMES FIRST! And as you help them and others these new accummulated knowledge and experiences that you have learned will in turn you can use to help yourself also. AND DON'T FORGET YOUR PETS!

  23. IF YOU ARE AN EMPLOYEE WITH A SUFFICIENTLY LARGE PAYCHECK THEN THIS IS MY ADVICE.
    Number One rule if you earn your 1st paycheck. RE-INVEST IN HARD GOVERNMENTAL GUARANTEED INVESTMENTS AND RE-INVEST IN HARD PHYSICAL TANGIBLE PRODUCING BASIC PHYSICAL INDUSTRIES LIKE ESTABLISHED GOVERNMENT PUBLIC UTILITIES, PROPERLY WELL PLANNED-DESIGNED-ADMINISTERED-MANAGED PUBLIC UTILITIES AND AGRICULTURE.
    RE-INVEST IN BASIC INDUSTRIES LIKE TIMBER, COAL MINING, OIL, IRON ORE, CEMENT MAKING, QUARRIES.

    RE-INVEST IN YOURSELF MENTALLY IN EDUCATION AND MEDICALLY IN HEALTH CARE CHECK UPS-BY EATING AND LIVING RIGHT-AVOID VICES NO MATTER HOW STRONG THE PEER PRESSURE IS.

    In short, "STABILIZE YOURSELF FINANCIALLY AND HEALTHFULLY" FIRST! Then after doing all that and in doing that the lessons and knowledge and experiences you have gained in the process can also be improved upon as you also help your family and immediate family members. FAMILY COMES FIRST!

    And as you help them and others these new accummulated knowledge and experiences that you have learned will in turn you can use to help yourself also. AND DON'T FORGET YOUR PETS!

  24. YOU SPEND IT ON YOURSELF AND YOUR LOVED ONE'S ! IF YOUR "SPIRITUALLY GIFTED" YOU'LL GIVE IT ALL TO THE POOR AND NEEDY. HARD DECISION.

  25. When I win the lottery at the end of this month, I will come up with my own strategy!!!! I got this!!!!! Ty Universe!!!!

  26. Bull shit I would never take annuity . I take the lump sum because no one knows when there last day is here on earth…

  27. AAA municipal bonds..!! Insured..!! You'll get 5% a year, tax free, as long as the bonds stay current…the rest of your life…then pass them on to your children.

  28. Secrets to winning lottery…..

    1. Don't tell anyone, not even your mother.
    2. Leave the United States.
    3. Open several accounts.
    4. Go on that vacagion you've been planning.
    5. Fuck everubidy else and enjoy life.

  29. IF YOU WIN A BIG AND FAT JACKPOT, BE ANONYMOUS AND TAKE IT IN LUMP SUM AND HIRE A TEAM OF LAYERS, ACCOUNTANTS, TAX SPECIALISTS, ETC from highly scrupulous banks, the works and tell them what you want and combine it with what is suggested by the website owner is saying also, if you want to.

    Ask them in a general practical way, one must create two groups of revolving funds invested in HARD BASIC LIFE SUPPORTING COMMODITIES-SERVICES PRODUCING-PROVIDING/SERVICING INDUSTRIES AND INDUSTRIAL BUSINESSES.

    The 1st group should consists of 7 to 8 revolving funds with an iron clad rule IN WRITING that all dividends are to be re-invested into them continuously and that they are well administrated, managed, stabilized, continously improved upon because of R&D reinvestments and using the Henry Ford policy of recycling net corporate income back into the producing workers at the shop floor ranging from 35% to 45% of net corporate income and 35% to 40% reinvested in scientific R&D and industrial preventive maintenance and repairs and periodic trouble shooting inspections-checking-testing-detection/analysis of all physical industrial producing and servicing facilities.

    The 2sd group has the same policies but with an iron clad "HAND WRITTEN AGREEMENT AND RULE" that all dividends, of which 1/2 is to go into reinvestment purposes and the other half is to given to you and you must make a rule to yourself/yourselves that you must invest in yourself by RE-INVESTING IN YOURSELF MENTALLY IN EDUCATION AND MEDICALLY IN HEALTH CARE CHECK UPS-BY EATING AND LIVING RIGHT-AVOID VICES NO MATTER HOW STRONG THE PEER PRESSURE IS. In short, "STABILIZE YOURSELF FINANCIALLY AND HEALTHFULLY" FIRST!

    Then after doing all that and in doing that the lessons and knowledge and experiences you have gained in the process can also be improved upon as you also help your family and immediate family members. FAMILY COMES FIRST! And as you help them and others these new accummulated knowledge and experiences that you have learned will in turn you can use to help yourself also. AND DON'T FORGET YOUR PETS!

  30. IF YOU ARE AN EMPLOYEE WITH A SUFFICIENTLY LARGE PAYCHECK THEN THIS IS MY ADVICE.
    Number One rule if you earn your 1st paycheck. RE-INVEST IN HARD GOVERNMENTAL GUARANTEED INVESTMENTS AND RE-INVEST IN HARD PHYSICAL TANGIBLE PRODUCING BASIC PHYSICAL INDUSTRIES LIKE ESTABLISHED GOVERNMENT PUBLIC UTILITIES, PROPERLY WELL PLANNED-DESIGNED-ADMINISTERED-MANAGED PUBLIC UTILITIES AND AGRICULTURE.
    RE-INVEST IN BASIC INDUSTRIES LIKE TIMBER, COAL MINING, OIL, IRON ORE, CEMENT MAKING, QUARRIES.

    RE-INVEST IN YOURSELF MENTALLY IN EDUCATION AND MEDICALLY IN HEALTH CARE CHECK UPS-BY EATING AND LIVING RIGHT-AVOID VICES NO MATTER HOW STRONG THE PEER PRESSURE IS.

    In short, "STABILIZE YOURSELF FINANCIALLY AND HEALTHFULLY" FIRST! Then after doing all that and in doing that the lessons and knowledge and experiences you have gained in the process can also be improved upon as you also help your family and immediate family members. FAMILY COMES FIRST!

    And as you help them and others these new accummulated knowledge and experiences that you have learned will in turn you can use to help yourself also. AND DON'T FORGET YOUR PETS!

  31. I would remain anonymous. Millions won't change me i will continue doing what I've always done. Im a welder so i would go to another welding company only work 40 hours a week Mon-Thursday instead of my 60 hours a week. I would pay off my student loan debt the only debt i have by the way. I would purchase 3 vehicles good ones from off the web cite offer up so that way i can get the same vehicle with great conditions with no mechanical issues for a lower price and low milage on them that i would get from a dealer ship. Web site call offer up. I would pay off my condo im current living in 3 bedrooms so that i will just have to pay taxes once a year for it. I would definitely make sure my savings account is full and make it very difficult to access my savings account likw it is now because i have to fill out alot of paper work to even access it. I would by my mom a new house and a new car a house for like 180000 3 or 4 bedrooms. Thrn get her a mew car from offer up. I would put 100000 in her saving and give her 40,000 to have fun and knowing my mom she saves and like simple things. I would try to do smart investments by just doing research and getting alot of advise from financial advisors and considered the best one. I would donate about 40,000 of clothes and food to an homeless shelter in honor of Gods name. Other than that nobody will no my life and i would just keep it quiet and i wouldn't even tell no family members other than my mom and brothers because we are all on thr layback side. Im gone buy over 5000 dollars of cloths name brand clothes that's on sale like ralp Laurens Jacket, Shirts. Some nice fitted levis jeans not tight but fitted to where it still have some bagginest to it. Shoes by like 10 more Jordans and not buy any more Shoes for a couple of years just keep them clean like i do now and mix and match my clothes around like i do. I have 5 luivitton belts already so i might but like 5 fendi belts and mix and match. It all depends on how much millins i have won i would do things according to it and just live a bless and peaceful life. Have my children snd they won't know about the money until im really old so that they would learn how to be good people and very independent by working ti eaen money and going to school things with honor because im Carribean and honor is very big back home on the Virgin Islands. The women im involve with at the time she wouldn't even know as well until im sure she will be wifey for life and im gone make sure a pre-nub is sign just to show if she is together with me for me and not for no money

  32. 1. shut up
    2. buy an island
    3. buy lands for agriculture
    4.help people who helped you when you have nothing
    5. give some to charities
    6. travel the world in a budget
    7. live in the island and go fishing my whole life
    8. live normal
    9.shut up

  33. Buy more lottery tickets, climb Mt Everest. Simple . No , pay off debt. Live off the interest from the principal. Stick money where it can’t be touched. How hard is that?

  34. Yep, I would be keeping my mouth shut why invite trouble?
    1. Tell no one.
    2. Get attorney & accountant & investment.
    3. Pay off my debts.
    4. Don't touch $ for a year.
    5. Be an asshole or bitch to people who mysteriously appear wanting to borrow money.
    6. Keep your mouth shut.
    7. Invest wisely.
    8. Donate to charity.
    9. Trust only those who will have your back.
    10. Shut your mouth.

  35. Àll states need to allow winners to remain anonymous after such huge jackpots.it is irresponsible for state governments to expose lotto winners to crime.

  36. To me it would be difficult to find a financial team you can trust. I say sit on the money and enroll in financial classes and manage it yourself.

  37. The worst thing to do when you win the lottery is to hire a team of so called advisors, i quite sure the lottery winners that went broke had a team, so did all those atheletes that went broke.

  38. DO NOT TELL ANYONE EVER,GET A GOOD LAWYER AFTER DOING YOUR RESEARCH.THEN ENJOY LIFE TO YOUR FULLEST !!!

  39. What a feeling to have that . But simply it wouldn't be wasting cuz honestly it would be used for a good cause but also from being broke and homeless it would have shown more of a humble side of respect in the money that you have in your life now for myself I would have done that

  40. 1. Tell No One
    2. Put that money in bank or wherever you know it can be safe
    3. Invest into things that you know will bring back a passive income (real estate)
    4. Don’t spend stupidly!
    5. Help the poor (smartly)
    6. “Don’t get caught up in the hype”
    7. Make sure the person who you’re with follow these rules

  41. Great Info, backs up what I already plan to do, besides I'm a quiet private person anyway with very few friends and I'm sure 150% if ppl knew theyd be coming around more so I plan to continue keeping my life private cuz if they dont care now they dont get any of me then, even if they still dunno I hit it big. And I'd be securing my win, my place and my son, setting up some trusts and bonds for him and buying a decent size house out of state since I wanna move out anyway.

  42. I got one question want you take the full amount and a take all of the taxes out of that money do they keep tax you knew for that money every single year or NO please comment back and let me know

  43. And if you are a man, then suddenly all the women thinks you are so handsome. Hoes gone wild to make you broke…….again

  44. In pennsylvania you can't remain anonymous…but in south carolina you win a multi millions jackpot no media coverage!!

  45. Ok so I'm Rich cuz I won but I'm smart so I come to this video and it helped…………. don't ask me for money just because I said that.

  46. Don’t tell anyone, put the ticket somewhere safe, spend some of your own cash to build a trustworthy team of advisers, then claim your winnings. You have 180 days for lotto in most states

  47. I won’t stop giving reviews about ZEENACRAFTANDSPELL @ Gmailcom she’s the great spell caster who helped my life with her wonderful lottery goodluck 🍀🧙‍♂️ Spell after I though I’ll never win a lottery game or I’m a badluck she helped me creat a goodluck lottery spell now I’ve been a lucky winner many times none stop you can also contact her on mail above for lottery spell I know how it feels

  48. Hire a team of professionals? Sorry, buy I wouldn't trust any stranger with my money if i win big in the lottery….these people may have ulterior motives to your objectives. I'm a qualified financial adviser and i wouldn't trust a financial adviser….let alone a solicitor, accountant etc…..Go to a book store, buy $200 worth of money management books and educate yourself…..then manage your own financial affairs. The hardest part is winning the bloody lottery in the first place……

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