Once will never be enough. They’ll keep coming back for more once they’ve blown through what you give them. Your best bet is to do your best to conceal that you won, give off no outward appearance that your financial situation has changed, and don’t give anyone a dime. If someone thinks that you’re doing well and start asking, say NO. If they ask for an explanation why, say that no is a complete sentence.
Id give family each enough to live comfortable and stress free. Id tell them this is all your ever getting so sign this so its all on you if you go broke you can never ask me for another dime again..id even video record it for each one..😳
I had a friend that used to give friends and family money if he truly believed they needed it. He would in his mind call it a gift but would tell the person it was a interest free loan. He also told them to never ask again unless they paid off the first one.
Thats smart of you. So many lottery winners lose it all quickly because they hope to win but they dont prepare for it ahead of time. Learn all you can, write it all down, decide NOW how you will manage the $ BEFORE you win & receive it. Knowledge, and preparation, is power.
I'm not even in america yet and i'm already listening to his advice and planning my future even though i'm 36yrs Cos as soon as i get to america i'm playing
When I won 25 million I took some if their advice like learning to say no in many different ways, but being 64 years old and after working hard all my life I did for the first year enjoy many things like trips. Now I have settled down. If I was younger I would invest a lot differently. As it is, I want something for later but I want a more comfortable life now. So each to his own!
Congrats to you as well when you did won. Be happy it's a blessing. I just want to know how it feels with $ period. Looking at every one's comment and wishing for a miracle
@@ray_x6959 well lm a 54 year disabled woman who right now sitting in the dark with lit candles. Husband in the hospital, my step son is here with me wondering where our next meal will come, but he is worried about me and my health conditions and l worry about him . I have put aside of my pain. To make sure he is good. If l had money l would play lottery. I have in the past. But right now since l don't get paid until the end of July. My lottery win is my step children being here in the dark with me when he has a choice to spend with friends or his biological mother. God help us 🙏 😫. Cause the stress is 😭🤯🤮 And it's 96 degrees here in Atlanta Ga. With no AC and with no help from family, ones that say they are friends. Waiting on Rental assistance to kick in because of high volume application process
He's absolutely correct !!!....Don't spend a dime until after the second windfall of your investment but of course that's the hardest part of it all for most people !
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way. The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all.
@@imanonattorneyspokesperson5568 Lol I am sorry if that was the message you got from my comment All I meant was that their advice was terrible, and for obvious reasons that people don't obviously get Was your idea to put it all into U.S. bonds?
@@DynamicGracer it could be a good idea to put some into bonds but there certainly needs to be more diversification. i invest into index funds that track the Nasdaq and S&P 500, so the only way to lose everything would be total economic collapse which is unlikely. i also invest in real estate and its the safest investment imo. land will always have value even if the stock market completely collapsed. the good advice from him was to live off the interest. the interest from that, even if put into a high yield savings account would be more money annually than most people make in a lifetime.
If you normally budget $10 a week into the lottery, here's what you do: Take an envelope and every week, put that money in it. At the end of the year, open the envelope. Congratulations, you just won over $500!
If I ever won the first thing to do is lawyer up (don't speak to anyone including your spouse) and create a Trust/LLC (I prefer the trust). Talk to a financial advisor and account to get your taxes, debts, and other accounts in order. Then maintain control of that trust with a lawyer, accountant, and financial advisor close by to advise you and keep you out of tax and civil trouble. Stay low key and don't change your normal habits unless you're going to move far away from other people. The less everyone knows the safer you and your family will be if you win such a huge prize.
Yeah if your weak that's a smart way to go because you can't fix every problem with your money especially if you want generational wealth for your family. Sadly at 30 years old I have been shown the bad side of good people because of a $ and I have no problem saying no lol
The woman is right: put it in the bank. The man is also right about CONSERVATIVE investments like government bonds and triple-A bonds, but "4% a month" is wrong. He meant 4% per year. There is no 4% a month in bonds.
@@411sponge72 He misspoke I think he was referring to the amount of money the winner would get per month with 4%/ year interest. He said he would get $ 600,000 a month. Which is still wrong though, as before taxes a person would get $1.3 million in interest/ month.
E S most banks only insure up to $250,000. That’s why it’s important to diversity your funds. Bonds, multiple bank accounts, retirement savings accounts, investments. That money could be making you more money somewhere else. Yes, it will earn you interest, but it could be making you more money than you would be earning from interest alone. DIVERSITY YOUR FUNDS.
You need time even if your going to diversify, making hasty decisions will bring a lot of problems, I am with Barbara, in a checking account you go until I know what I am doing.
I would simple lie. Since the first rule of winning the lotto is keep your mouth shut until the money is in the bank. I would just lie. I'd even go so far as to put it out there that I need financial help. Example my car broke down and I have a 5k repair bill I can't afford right now can anyone help. To see which family or friends step up to help...even if simply offering $40 to help. Those would be the family and friends that would magically see things like their mortgage vanish. The rest could pound sand. And I'd be petty about it and start all replies with. Remember when I asked for help where were you?
Very smart. I would ride the bus and pick up pennies. Wear Goodwill. No one needs to know. I would continue even after it was in the bank and never tell them.
Giving someone money won’t change their life. Maybe temporarily but you are who you are regardless. This is why alota people who get large money end up broke again because they’re broke in mindset and money won’t change that. So when anyone asks me for money I say “bring me a proper business proposal that I can believe in, and I’ll fund it and you can pay me back later with no interest.” Giving someone quick money who doesn’t know what to do with it they’ll just blow it and likely end up worse off than they were before the money... so the best thing you can do is use the money as motivation to force them to better themselves by telling them I’m giving you an opportunity people would kill for, an interest free biz loan.... if you’re not happy with that, then you’re not ready for the money anyway, and the money would probably hurt you more than it would help
yall must hate yall family lol first thing im doing is buying my mom and sister there dream house and the phat diamond ring i always wanted to give my mom
Kevin’s advice on telling family ...I am giving you this one gift, and don’t ask me again is very good advice. If you don’t do this you risk ruining your relationship with them.
It's still going to ruin the relationship regardless. Most will be grateful (entitled ones will be expecting a larger sum) but when the money gets spent, some of those attitudes will shift to jealousy &/or expectation. You give them x amount & they use it to pay off their mortgage/buy new cars/pay for their kid's education or whatever. What happens when their next kid is about to start college/uni, or their 'new' car is a few years old or they get hit with an unexpected expense etc, etc....you will be 'expected' to step up to the plate to help them out once again in their hour of need. If you don't, then ill-will, anger, jealousy, resentment is the name of the game.
Personally I would only tell my parents and give them a small cut. I would never tell my siblings, I love them but they would be a pain in the ass to deal with
What do you gain by making your win public? You gain everything by staying anonymous and everybody around you is happy and safe. Anonymity is a crucial key to a peaceful living post jackpot win!!
@@ayokunleonayemi5323 What's sad is apparently only a handfull of states allow anonymity. Others, by law, must publicize the full name of the winner and the location the ticket was purchased. I guess that's why I've seen winners in photos wearing masks. And the next piece of advice was to claim slowly and remove social media profiles. All good advice to fly under the radar.
If I look at my account receipt and its above zero, I'm happy. I can't see winning millions, but it would give me peace of mind knowing my kids will be taken care of.
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way. The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all. Here is some BETTER ADVICE. Pray to JESUS CHRIST
I would secure my future first before giving money to family members and yes. I would tell them this is a one time gift. I refuse to be everyone's ATM all of a sudden. Put the mask on yourself first just like you should in an airplane.
A long term patient of mine had a multi million dollar windfall from an investment...He still goes deer hunting, sleeps in a tent, lives in the same house. He is funding a charity for blind children in Central America. I asked him why and he said: " Because it makes me happy."
NEVER EVER loan money to family or soon you will be their ATM. You will regret it forever. As the ole saying goes,...”No good deed goes un punished”. Of course there are exceptions to this rule. But, if you must give family money, consider it a gift with no expectations of repayment. It will save the relationship.
Invest most in safe investments, a tiny bit in slightly riskier ones, use the dividends of stock investments to play with and also help people without overspending your means so you can continue to help without spending the principle.
My key is to STAY ANONYMOUS!!! Then I’d hire a lottery lawyer to cash my ticket and draw up non disclosure agreements and contracts for my family In those contracts it discloses what each household will get. No one can break contracts otherwise it will expose them to go to court for breach I’m all set
Alisha Francis I wouldn't let no lawyer cash my ticket. However, I would have agreements drawn up for Family members to not tell anyone else about the gift and don't quit your jobs. I am not your new ATM
People just don't realize that taking the annuity is investing in gov't bonds. Remember what he said, you take the lump sum you get 800 M then your left with 400 M after taxes. When you take the annuity, state lottery commission takes the 800 million and buys bonds, and you actually receive the advertised jackpot in gross, the 1.6 B over 25 years.You still have to pay taxes which which will probably take you back down to the 800 M to 1 billion range. But you don't have to take any investment risk or set all that stuff up yourself. AND the annuity protect yourself from the surprises of the world like 1987, 2001, or 2008 (crashes). AND it protects yourself from yourself and others. You can only spend, lose, or give away so much in one year. AND then you have the fall back of being able to re-up the next after maybe a bad year
People just don't realize that taking the annuity is investing in gov't bonds. Remember what he said, you take the lump sum you get 800 M then your left with 400 M after taxes. When you take the annuity, state lottery commission takes the 800 million and buys bonds, and you actually receive the advertised jackpot in gross, the 1.6 B over 25 years.You still have to pay taxes which which will probably take you back down to the 800 M to 1 billion range. But you don't have to take any investment risk or set all that stuff up yourself. AND the annuity protect yourself from the surprises of the world like 1987, 2001, or 2008 (crashes). AND it protects yourself from yourself and others. You can only spend, lose, or give away so much in one year. AND then you have the fall back of being able to re-up the next after maybe a bad year reply: Taking the annuity (particularly on a jackpot that large) is the stupidest thing you can do. Take the lump sum. that money is NOT guaranteed. You get into a state problem (see the US territory Puerto Rico) where the state goes bankrupt ...guess what they *cant* do? Fullfill their lottery annuity obligations. With more and more states going bankrupt this is a bad idea. i dont know how the multi state lotteries would work like the powerball.
what will happen in 29 years? no one can predict what will happen in 29 years, who knows if you are still getting your pay checks....never trust anyone but yourself! and how old are you in 29 years? if you win at 30, 29 years later you'll be on your way to the grave and still broke if you don't save.....and for the sake of humanity....stop thinking of saving, sit back or waiting to get your paycheck.... do something with the money....spend it all if you don't care or if you do care, learn how to make money so you can take to 400 mil and turn it into 800mil in 10 years and be a billionaire.
You should change your name from silly goose to imbecil goose!!! Here are 2 things you can learn imbecil:1- Lottery annuities ARE GUARANTEE2- The PR issue was such an isolated case on a free associated territory. So, when was the last time you heard that NY, Florida, Or Texas was bankrupt ? That's never going to happen you know why ? Because if that ever happens it doesn't really matter whether you have the money on bonds, annuities or invested your self, if a U.S. State cannot fulfill its fiduciary obligations then the whole country is shut.... You're welcome!
I agree 100% with you Benjamin Hatchett. And the best part of the annuity is that is GUARANTEED BY THE U.S. GOVERNMENT.....................................
Honestly either of their advice is excellent. With a big enough lottery winning (wow USA has big lottery jackpots) it really doesn't matter what you do with it If you put it all in a savings account, honestly how likely are you going to spend it all? The only thing I'd want to go over is how to gift the money to your heir(s) ? Granted you'll be dead and it will be their problem now but isn't it possible to put it all into some financial instrument (even savings accounts) and have it impossible for somebody who is an heir to go to the bank and liquidate it all and spend it on hookers and blow? Something like a trust account that only pays into a particular bank account or three - then you just put the heir in the account as a second owner, and as you and their heirs die, the bank account is passed down the chain and there won't be a need for funny accounting
I think what you’re describing is a trust, creating a estate that’s filled with your assets. And you’ll have beneficiaries that can get access to the trust while you’re alive, and after you pass on.
I think he meant to say 4% a year. If you were to receive 4% interest every month you will have an investment that returns 48% in a year. Besides, government bonds only pay every six months.
@@andrewwall9708 That's what I figured, but no one corrected him so. I felt like I was missing out on a major opportunity. Also if it was a 4% monthly return, you would net more than 48% a year because it compounding every month (assuming you don't spend all the interest every month and you reinvest some)
@@bankspeete1057Well, do keep in mind bonds pay interest. the returns are not automatically reinvested which means compound interest may not necessary apply. I am not a financial expert so I couldn't give you the exact answer. There is another "advice" given here that I disagree. The woman said she put $44 million in the bank and sat on it because she figured City Bank would never collapse. I would never put that much money in a single bank. I would always be afraid something could happen and I would lose all but 250K. I would instead open an account with the CDARS. They can spread out over $50 million across many banks so your entire money is covered by FDC. They also provide a single statement so you dont have to check each account.
Had a friend who told me once if you loan a friend, ask what is that friendship is worth. Give them enough that you dont need it back, cause you will lose that friendship if you plan on giving it, expecting it back.
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way. The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all.
This was great, been searching for "lotto systems that work" for a while now, and I think this has helped. Ever heard of this site *4 W i n L o t t e r y . C o m* Ive heard some extraordinary things about it and my mate got cool results with it.
I learned more about finance in these 4 minutes than I did in 4 years of college.
Colleges are a leftist joke these days.
If you spent 4 years in college, and didn't know how to diversify your portfolio then you chose the wrong college
1.6 billion winner get only 44 million??
@@funjoy9059 you must've not heard kevin talking about diversifying
And this knowledge did not cost you a dime....
Haha, I'd just keep calling the bank to hear my balance
And freak the fuck out if it said you had 100 bucks remaining hahaha
@@SidewayzX14 😄😄😄
☺️
Steve Ent I look at my balance like that too. I worked my butt off for it!
🤣🤣😂😂😂🤣🤣🤣😂😂😂
Watching this like if we're going to win. A man can dream
Jasiel Arredondo anything is possible.
*Lol right!! Watching this now!! Haha*
it's happening again
Sometimes a dream is all that you have to keep going through rough times.
Lol same.
That's the nicest thing I'll ever hear Kevin say. Give to family once and never again! Wow, I'm shocked!
FambamiLee I agree. You don't have to be the new family ATM!
Once will never be enough. They’ll keep coming back for more once they’ve blown through what you give them. Your best bet is to do your best to conceal that you won, give off no outward appearance that your financial situation has changed, and don’t give anyone a dime. If someone thinks that you’re doing well and start asking, say NO. If they ask for an explanation why, say that no is a complete sentence.
Id give family each enough to live comfortable and stress free. Id tell them this is all your ever getting so sign this so its all on you if you go broke you can never ask me for another dime again..id even video record it for each one..😳
I had a friend that used to give friends and family money if he truly believed they needed it. He would in his mind call it a gift but would tell the person it was a interest free loan. He also told them to never ask again unless they paid off the first one.
this is solid
Smart!
I didn’t even buy one ticket and I’m watching this for the advice
Thats smart of you. So many lottery winners lose it all quickly because they hope to win but they dont prepare for it ahead of time. Learn all you can, write it all down, decide NOW how you will manage the $ BEFORE you win & receive it. Knowledge, and preparation, is power.
I'm not even in america yet and i'm already listening to his advice and planning my future even though i'm 36yrs
Cos as soon as i get to america i'm playing
You must be wealthy already.🤔💰
🤣
Me too lol
Kevin is super smart on this! Live off the interest, give to charities, and invest wisely!
Yea he is really smart, he thought a crypto pyramid scheme was a good investment. 😂
Charities go on vacations
I would not give money to charity, unless I made money in that move somehow.
Never touching your principal is sound advice. Wish I had done that!
When I won 25 million I took some if their advice like learning to say no in many different ways, but being 64 years old and after working hard all my life I did for the first year enjoy many things like trips. Now I have settled down. If I was younger I would invest a lot differently. As it is, I want something for later but I want a more comfortable life now. So each to his own!
I wish i had a little bit of that so i can invest in my company
Congrats to you as well when you did won. Be happy it's a blessing. I just want to know how it feels with $ period. Looking at every one's comment and wishing for a miracle
@@shandajburchstewart4291 its not a miracle and anyone can win the lottery its actually very easy
@@ray_x6959 well lm a 54 year disabled woman who right now sitting in the dark with lit candles. Husband in the hospital, my step son is here with me wondering where our next meal will come, but he is worried about me and my health conditions and l worry about him . I have put aside of my pain. To make sure he is good. If l had money l would play lottery. I have in the past. But right now since l don't get paid until the end of July. My lottery win is my step children being here in the dark with me when he has a choice to spend with friends or his biological mother. God help us 🙏 😫. Cause the stress is 😭🤯🤮 And it's 96 degrees here in Atlanta Ga. With no AC and with no help from family, ones that say they are friends. Waiting on Rental assistance to kick in because of high volume application process
@@mrjezus642 you came to the right Perosn its like the universe put me to help you
I am winning the Mega and Power ball jackpot lottery. I agree with both of you.
Same
Kevin O'Leary gives good advice
He's absolutely correct !!!....Don't spend a dime until after the second windfall of your investment but of course that's the hardest part of it all for most people !
Yeah give it to him .greedy fool 👹👹
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way.
The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all.
@@imanonattorneyspokesperson5568 Lol I am sorry if that was the message you got from my comment
All I meant was that their advice was terrible, and for obvious reasons that people don't obviously get
Was your idea to put it all into U.S. bonds?
@@DynamicGracer it could be a good idea to put some into bonds but there certainly needs to be more diversification.
i invest into index funds that track the Nasdaq and S&P 500, so the only way to lose everything would be total economic collapse which is unlikely.
i also invest in real estate and its the safest investment imo.
land will always have value even if the stock market completely collapsed.
the good advice from him was to live off the interest. the interest from that, even if put into a high yield savings account would be more money annually than most people make in a lifetime.
I'd rather have the problems of a rich person than the problems that I have now.
Me too
😭
You can say that again bruv.
You don’t know what it’d feel like tho
work hard most rich people start out poor.
If you normally budget $10 a week into the lottery, here's what you do: Take an envelope and every week, put that money in it. At the end of the year, open the envelope. Congratulations, you just won over $500!
sound advice, now you can invest that $500 in a Roth IRA in a dividend stock and let the dividend reinvest automatically, but keep adding the $10.
If I ever won the first thing to do is lawyer up (don't speak to anyone including your spouse) and create a Trust/LLC (I prefer the trust). Talk to a financial advisor and account to get your taxes, debts, and other accounts in order. Then maintain control of that trust with a lawyer, accountant, and financial advisor close by to advise you and keep you out of tax and civil trouble. Stay low key and don't change your normal habits unless you're going to move far away from other people. The less everyone knows the safer you and your family will be if you win such a huge prize.
You seem like a smart man :)
Eric burns Why should you hire a lawyer?
3:39 that accountant idea is pretty smart
Yeah if your weak that's a smart way to go because you can't fix every problem with your money especially if you want generational wealth for your family. Sadly at 30 years old I have been shown the bad side of good people because of a $ and I have no problem saying no lol
The woman is right: put it in the bank. The man is also right about CONSERVATIVE investments like government bonds and triple-A bonds, but "4% a month" is wrong. He meant 4% per year. There is no 4% a month in bonds.
Very true
Invest in AAA companies
Thank you! I was thinking the same thing! 4% a month lol
@@411sponge72 He misspoke I think he was referring to the amount of money the winner would get per month with 4%/ year interest. He said he would get $ 600,000 a month. Which is still wrong though, as before taxes a person would get $1.3 million in interest/ month.
@@richardlug6139 I agree
Never put that much money in a checking ACCOUNT! That's nutts!
Why? Can you explain?
E S most banks only insure up to $250,000. That’s why it’s important to diversity your funds. Bonds, multiple bank accounts, retirement savings accounts, investments. That money could be making you more money somewhere else. Yes, it will earn you interest, but it could be making you more money than you would be earning from interest alone. DIVERSITY YOUR FUNDS.
She said long enough to just breath.. then make decisions
You need time even if your going to diversify, making hasty decisions will bring a lot of problems, I am with Barbara, in a checking account you go until I know what I am doing.
Where are you going to put it? Under your mattress?
I would simple lie. Since the first rule of winning the lotto is keep your mouth shut until the money is in the bank. I would just lie. I'd even go so far as to put it out there that I need financial help. Example my car broke down and I have a 5k repair bill I can't afford right now can anyone help. To see which family or friends step up to help...even if simply offering $40 to help. Those would be the family and friends that would magically see things like their mortgage vanish. The rest could pound sand. And I'd be petty about it and start all replies with. Remember when I asked for help where were you?
I would do exactly the same honestly! Amen!
I like your way of thinking 🤔
Very smart. I would ride the bus and pick up pennies. Wear Goodwill. No one needs to know. I would continue even after it was in the bank and never tell them.
*And here I am putting water in an empty shampoo bottle to try to make it last longer.* ...
That may be, but you’re handsome and talented. You’re a lucky guy.
We have all done that
😅
damn...
I’ll do that even when I win the lottery. 😊
Actually I agree with her she never said she spent a whole bunch,she said she put it in the bank and waited which is a really good advice , to WAIT.
Giving someone money won’t change their life. Maybe temporarily but you are who you are regardless. This is why alota people who get large money end up broke again because they’re broke in mindset and money won’t change that. So when anyone asks me for money I say “bring me a proper business proposal that I can believe in, and I’ll fund it and you can pay me back later with no interest.”
Giving someone quick money who doesn’t know what to do with it they’ll just blow it and likely end up worse off than they were before the money... so the best thing you can do is use the money as motivation to force them to better themselves by telling them I’m giving you an opportunity people would kill for, an interest free biz loan.... if you’re not happy with that, then you’re not ready for the money anyway, and the money would probably hurt you more than it would help
Don’t tell anyone and don’t give money to family because they will turn around and hire a lawyer with that money and sue you.
sue you for what?
@@zandyman1 They'll claim that due to you winning the bad guys are after them and that they need the money to move to an Island 🏝️ 🤣
@@zandyman1 anything
yall must hate yall family lol first thing im doing is buying my mom and sister there dream house and the phat diamond ring i always wanted to give my mom
I LOVE Barbara. Down 2 earth yet SMART!!
Some the best advice I've ever heard.
Kevin’s advice on telling family ...I am giving you this one gift, and don’t ask me again is very good advice. If you don’t do this you risk ruining your relationship with them.
It's still going to ruin the relationship regardless. Most will be grateful (entitled ones will be expecting a larger sum) but when the money gets spent, some of those attitudes will shift to jealousy &/or expectation.
You give them x amount & they use it to pay off their mortgage/buy new cars/pay for their kid's education or whatever. What happens when their next kid is about to start college/uni, or their 'new' car is a few years old or they get hit with an unexpected expense etc, etc....you will be 'expected' to step up to the plate to help them out once again in their hour of need. If you don't, then ill-will, anger, jealousy, resentment is the name of the game.
Personally I would only tell my parents and give them a small cut. I would never tell my siblings, I love them but they would be a pain in the ass to deal with
What do you gain by making your win public? You gain everything by staying anonymous and everybody around you is happy and safe. Anonymity is a crucial key to a peaceful living post jackpot win!!
Especially in the age of social media, even if you don't win anything.
@@ayokunleonayemi5323 What's sad is apparently only a handfull of states allow anonymity. Others, by law, must publicize the full name of the winner and the location the ticket was purchased. I guess that's why I've seen winners in photos wearing masks. And the next piece of advice was to claim slowly and remove social media profiles. All good advice to fly under the radar.
Great advice from both
They are wonderful!!
Shark Tank, is a wonderful show, they always give great advice, they all are just wonderful!!!❤️🎉🎉🎉🎉🎉
The first few seconds tell the story..... Good morning is a must
Good advise from both of them.
Somebody needs to turn down the studiolights on Barbara's side...
Right, they got Barbara looking like she processing data.. Lol
Superb advice from Kevin O'Leary..
Great advice. Thanks!
Excellent advice!!!
I'm still waiting to use this advice.
Great advice!
If I look at my account receipt and its above zero, I'm happy. I can't see winning millions, but it would give me peace of mind knowing my kids will be taken care of.
And spoiled
if you cant see your self winning then you probably aren't going to and even if this a year later i bet you haven't won it
you got to see your self winning the lottery
Great advice!!!!
Thank you Kevin and Barbara
Love a video like this!
Barbra advise on family asking for money was very wise!
I totally agree with kevin more but Barbra is correct as well
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way.
The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all.
Here is some BETTER ADVICE. Pray to JESUS CHRIST
@@DynamicGracer exactly smartest thing you can do is invest it in equities, bitcoin, real estate, and commodities
Barbara represents real estate, a good hint.
Best news I’ve watched in a while
What are triple A credits
Thanks for this advice! Although I will never win, if I manage to come into a lot of money from business ventures; I will definitely do this!
look into CDAR banking. up to $50M in deposits is FDIC insured.
0:57 Barbara stop flirting with me!!!!
Lol
Hahahaha
rockrock theragnorok I
That's what happens if you count every bills of your Millions
LOL
Very wise words thanks for the advice
I would secure my future first before giving money to family members and yes. I would tell them this is a one time gift. I refuse to be everyone's ATM all of a sudden. Put the mask on yourself first just like you should in an airplane.
Kevin O’Leary is hired as my financial advisor!!
Me too lol
How do you know if you have won the power all and how you get your money
I agree with Kevin
I like Kevins advice
How do you know if you won the powerball and how you get your money if u do happen to win
Kevin misspoke, it has to be 4% PER YEAR not "a month" because that would be 48% return a year!
Kevin is a smart guy
THAT'S 👍 GOOD ADVICE#
I’d use the winnings to pay off my student loans...use whatever’s left to buy a cheeseburger
what a cheap cheeseburger
A long term patient of mine had a multi million dollar windfall from an investment...He still goes deer hunting, sleeps in a tent, lives in the same house. He is funding a charity for blind children in Central America. I asked him why and he said: " Because it makes me happy."
NEVER EVER loan money to family or soon you will be their ATM. You will regret it forever. As the ole saying goes,...”No good deed goes un punished”. Of course there are exceptions to this rule. But, if you must give family money, consider it a gift with no expectations of repayment. It will save the relationship.
Step 1: Keep your mouth shut.
Step 2: Retain council.
Step 3: Establish a trust.
Yes!
Invest most in safe investments, a tiny bit in slightly riskier ones, use the dividends of stock investments to play with and also help people without overspending your means so you can continue to help without spending the principle.
Cant believe this information is free🤯
I hope I get to use that advice one day
If you put 250,000 in different banks like Bank of America KeyBank Citibank is that FDIC secure. I would put 250,000 in each secure bank name.
My key is to STAY ANONYMOUS!!!
Then I’d hire a lottery lawyer to cash my ticket and draw up non disclosure agreements and contracts for my family
In those contracts it discloses what each household will get. No one can break contracts otherwise it will expose them to go to court for breach
I’m all set
Alisha Francis I wouldn't let no lawyer cash my ticket. However, I would have agreements drawn up for Family members to not tell anyone else about the gift and don't quit your jobs. I am not your new ATM
Some states you can’t remain anonymous. You have to publicly release your identity
@@uniquetq4716 Texas where I'm at you can in some cases
@@uniquetq4716 wear a mask and no one will see your face when you get to the lottery office.
I'm blessed💝
Can someone explain what kevin said about investing in 3 or four financial institutions like AAA.
These 2 are so funny but they both gave good advice.
I would move change my phone number
They say money cant buy happiness but id rather be miserable in my own house then my moms basement.
Life is to love and to be loved 💕 Love alone can Conquer the World.
Funny how it was 1.6 billion 2 years ago now look its 1.6 billion now....feels like deja vu
Powerball (1.586 billion) is still more than Mega Millions (1.537 billion) despite both were advertised at 1.6B.
@@Joshua79C and once you take lump sum and taxes out they're both under 500
@@robertwilliams5618 well 500mi is better then nothing
I like how Kevin says “million”
First thing I'd do is hire Kevin O'Leary.
I'll remember this advice for when I win.
Thanks again 888
Thank you
Barbara such a smart cookie
More pls
Kevin! Never spend a penny of the principal. Live on the interest.
The sharks have always given some sound advice.
Its your money do what the hell you want to with it
Love and blessings 💟
Good advice
People just don't realize that taking the annuity is investing in gov't bonds. Remember what he said, you take the lump sum you get 800 M then your left with 400 M after taxes. When you take the annuity, state lottery commission takes the 800 million and buys bonds, and you actually receive the advertised jackpot in gross, the 1.6 B over 25 years.You still have to pay taxes which which will probably take you back down to the 800 M to 1 billion range. But you don't have to take any investment risk or set all that stuff up yourself. AND the annuity protect yourself from the surprises of the world like 1987, 2001, or 2008 (crashes). AND it protects yourself from yourself and others. You can only spend, lose, or give away so much in one year. AND then you have the fall back of being able to re-up the next after maybe a bad year
Benjamin Hatchett, well said mate.
People just don't realize that taking the annuity is investing in gov't bonds. Remember what he said, you take the lump sum you get 800 M then your left with 400 M after taxes. When you take the annuity, state lottery commission takes the 800 million and buys bonds, and you actually receive the advertised jackpot in gross, the 1.6 B over 25 years.You still have to pay taxes which which will probably take you back down to the 800 M to 1 billion range. But you don't have to take any investment risk or set all that stuff up yourself. AND the annuity protect yourself from the surprises of the world like 1987, 2001, or 2008 (crashes). AND it protects yourself from yourself and others. You can only spend, lose, or give away so much in one year. AND then you have the fall back of being able to re-up the next after maybe a bad year
reply:
Taking the annuity (particularly on a jackpot that large) is the stupidest thing you can do. Take the lump sum. that money is NOT guaranteed. You get into a state problem (see the US territory Puerto Rico) where the state goes bankrupt ...guess what they *cant* do? Fullfill their lottery annuity obligations. With more and more states going bankrupt this is a bad idea. i dont know how the multi state lotteries would work like the powerball.
what will happen in 29 years? no one can predict what will happen in 29 years, who knows if you are still getting your pay checks....never trust anyone but yourself! and how old are you in 29 years? if you win at 30, 29 years later you'll be on your way to the grave and still broke if you don't save.....and for the sake of humanity....stop thinking of saving, sit back or waiting to get your paycheck.... do something with the money....spend it all if you don't care or if you do care, learn how to make money so you can take to 400 mil and turn it into 800mil in 10 years and be a billionaire.
You should change your name from silly goose to imbecil goose!!! Here are 2 things you can learn imbecil:1- Lottery annuities ARE GUARANTEE2- The PR issue was such an isolated case on a free associated territory. So, when was the last time you heard that NY, Florida, Or Texas was bankrupt ? That's never going to happen you know why ? Because if that ever happens it doesn't really matter whether you have the money on bonds, annuities or invested your self, if a U.S. State cannot fulfill its fiduciary obligations then the whole country is shut.... You're welcome!
I agree 100% with you Benjamin Hatchett. And the best part of the annuity is that is GUARANTEED BY THE U.S. GOVERNMENT.....................................
Honestly either of their advice is excellent. With a big enough lottery winning (wow USA has big lottery jackpots) it really doesn't matter what you do with it
If you put it all in a savings account, honestly how likely are you going to spend it all?
The only thing I'd want to go over is how to gift the money to your heir(s) ? Granted you'll be dead and it will be their problem now but isn't it possible to put it all into some financial instrument (even savings accounts) and have it impossible for somebody who is an heir to go to the bank and liquidate it all and spend it on hookers and blow? Something like a trust account that only pays into a particular bank account or three - then you just put the heir in the account as a second owner, and as you and their heirs die, the bank account is passed down the chain and there won't be a need for funny accounting
I think what you’re describing is a trust, creating a estate that’s filled with your assets. And you’ll have beneficiaries that can get access to the trust while you’re alive, and after you pass on.
4% per month?! Sign me up!
Hey, thanks for having me, I’m Barbara and for that reason I’m out.
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SSD Chemical Solution Activation Mercury Whatsapp: +8801756140888 Our offices at Bangladesh,Dubai,India,Whatsapp: +919460172542 Pakistan Office World Wide
@2:11 he meant 4% a year, not a month.
Yep
Why is this on 1 trending and say it has a video length of 46 seconds I'm so confused
What did he mean by 3 AAA credits? How does that work? Please
DAMN! Kevin, he gave the best advice I have EVER heard in my life. LMAO 🤣
Hmm there's after lotto website and it calculates your lump sum payout vs your annuity payments after taxes and it says much more than 400 million
BARBARA SURE IS LOOOOKING GOOOOD !
What bonds are netting 4% per month? That seems pretty high
They can if you have that amount, believe me the bank wants your business when you have over $100 million
I think he meant to say 4% a year. If you were to receive 4% interest every month you will have an investment that returns 48% in a year. Besides, government bonds only pay every six months.
@@andrewwall9708 That's what I figured, but no one corrected him so. I felt like I was missing out on a major opportunity. Also if it was a 4% monthly return, you would net more than 48% a year because it compounding every month (assuming you don't spend all the interest every month and you reinvest some)
@@bankspeete1057Well, do keep in mind bonds pay interest. the returns are not automatically reinvested which means compound interest may not necessary apply. I am not a financial expert so I couldn't give you the exact answer. There is another "advice" given here that I disagree. The woman said she put $44 million in the bank and sat on it because she figured City Bank would never collapse. I would never put that much money in a single bank. I would always be afraid something could happen and I would lose all but 250K. I would instead open an account with the CDARS. They can spread out over $50 million across many banks so your entire money is covered by FDC. They also provide a single statement so you dont have to check each account.
Double check the Kevin O’Leary math. I think he means 4% per year not per month. 4% of 400,000,000 would be 16,000,000 per year.
Had a friend who told me once if you loan a friend, ask what is that friendship is worth. Give them enough that you dont need it back, cause you will lose that friendship if you plan on giving it, expecting it back.
Government bonds and triple a credits from corporations....so you can put any amount and earn 4%. Not bad...I think I should sell my house and do this
Big companies will rob you faster than you can blink!
@@bernadettebailey5370 HOW?
What on earth are "triple A credits corporations"?
So don't put it into stocks, real estate, gold, silver, foreign currencies, foreign stocks, oil, food, land, etc... Put it all into the U.S. Dollar. Nothing back can happen that way.
The advice they are giving is FREE advice for a reason. They are trolling here, obviously, and that is some of the worst advice I have ever heard for something like this. The dollar will be worthless in 30 years by the way, and that is a guarantee by every politician and banker ever interviewed, it's backed by nothing and the government can print more of it whenever they want. People who trust the government with money haven't studied history at all.
There is nothins sure in this life. The best advice is to divercify, afer paying all your debts, don't rush.
These comments so funny 😂 Barbara eyes
barbra is awsome but she was tweaking 😂😂
This was great, been searching for "lotto systems that work" for a while now, and I think this has helped. Ever heard of this site *4 W i n L o t t e r y . C o m* Ive heard some extraordinary things about it and my mate got cool results with it.
She actually looked like she may have suffered a stroke at some point. They can be so small that you hardly notice until someone else points it out.
Yep she was but it may be the face lift is having complications..wtf
I noticed she looked off too, but I thought she may have had the lights shining to brightly in her eyes or something.
Which bonds Pay out 4% a month