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.
@@imanonattorneyspokesperson 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.
Yo E, the smartest & best thing you said, was to "move far away!" Thatll be the best bc it gives you time to think, plan & stay away from bad intended people that would be able to find you easily. Stay under the radar. Be safe out there good people.
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.
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.
@@AlvaSuddenVery smart. Warren Buffet your way through life. The first Rockefeller that came to america (i forget his first name) was like this. Its said that he was extremely cheap, picked up coins off the floors & constantly saved his money hardly ever spending anything.
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
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.
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.
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
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
@@brandondrew-c4tI wouldn't worry or focus on "generational wealth" bc thats not your problem. Just focus on your wealth & if you have children or plan to, then thats your only responsibility. Your grandchildren & beyond aren't even your responsibility. Stay away from the idea of people that aren't your responsibility.
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."
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
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.
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.....................................
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.
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
@ABDICOLE true. You can ball out on a fraction of the interest, truthfully. Any remaining interest can be reinvested to grow the principal and compound the interest.
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.
Want to stay anonymous? Do this... #1. When ever you go to a store to buy a lotto ticket, Always wear some sort of Disguise. And never park your car in the store parking lot. Just about every store has video cameras, inside and outside. Rest assured, when the media finds out which store sold the winning ticket, you can bet they'll be wanting to see all the stores surveillance camera videos, to see who bought the winning ticket. #2. Never EVER check your ticket(s) at the store (unless you wear a disguise) or on a lottery app. If you do, you can be identified, (remember the stores have surveillance cameras). #3. Prior to claiming you winnings, establish a trust. Have a trust/lawyer claim you winnings on behalf of the trust. #4. Prior to claiming your winnings, rent an apartment in a secure building in another state and get an I.D./driver's license in that state. But dont move there. Its just a decoy. Then claim your winnings in the state you bought the ticket #5. If you do go and personally claim the winnings. Again, wear a disguise. Hat, sunglasses, covid mask, wig, ext.
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.
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.
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.
Problem with that is that concerned friends and family who genuinely mean well will try to find you to make sure you’re okay. You can move away without telling people exactly why. Say you got a fantastic job opportunity in (insert state or country) and you’re going to take it. Telling people nothing and ghosting on them isn’t normal behavior, it raises red flags, and people who care will worry and investigate.
Don't banks also have an option for something called a special account, in which more than the 250,000 insured dollars can go into at least temporarily and be covered. The guppies-- excuse me, I mean the sharks--should probably look into this before they answer questions.
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.
I looked at my lottery ticket and the first number my eyes scanned at was the last set of numbers on ticket I matched Powerball powerplay number correctly🤯🤑. Then I quickly put my ticket down, (too excited with anxiety my brain short circuit). Nothing can prepare for the reality that you think you won. I couldn't look at other 5 numbers😲 😱. Instead I decided to try to think straight and plan properly by surfing the net on, "what to do's". Finally, after an hour I looked at the other five numbers and they were all duds. Welp back to the grind, it was a heck of an emotional ride🤦😩😭
What I thought also, no such bond exists, unless its a junk bond. I think he was just over-exaggerating the figures to make investing the money more attractive. But I agree with him. Never ever spend the principle.
Dean Daley his ETF yielding 3.2 to 3.5 but he charges 0.05% managment fee 4% is really hard unless you invest in 4-5 stocks that are paying that like att verizon boeing but you cant diversify especially gov bonds are 2-2.5% 3% is realistic
He stated in another interview about the 1.6BN lottery that he meant to say $166k a month He makes the same mistake of saying $600k, however he corrects himself (it’s a TMZ interview for proof)
@@curtischildress9580 exactly I did a quick Google search they all have millions in the bank. They are so fake and its really cringe how they try to come off as one of us.
@@cyberpunkmodels692 I figured it. Good work. Thanks for telling & proving truth. If I ever get rich I won't act fake. I'll still be me & try to help people. Many rich people look down on folks with less. Please know how we're good no matter what. Even when we get rich we won't be ugly like many rich people. There are some good rich people though.
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.
It's an off the cuff calculation done in the heat of the moment. You won't put the entire sum into investments & will always keep x back to cover yourself just incase. On top of that, you have to pay capital gains tax on said investments.
Muulyam in sanskrit is price. Which became mullah(urdu) or mulle(telugu) which people refer to as money. Amulya is a word in telugu which means too precious to be measured in exchange of money
![Hunxho - Ball Forever [Official Video]](http://i.ytimg.com/vi/nki9ZTF9Uls/mqdefault.jpg)
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....
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..😳
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.
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!
🤣🤣😂😂😂🤣🤣🤣😂😂😂
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
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
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!
Charities spend most donated money on 'admin' fees only a small % gets to the people it was meant to help.
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.
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.
@@imanonattorneyspokesperson 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 am winning the Mega and Power ball jackpot lottery. I agree with both of you.
Same
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.
@@nello8630Even smarter. You're an investor & the original commentor is a saver. Neither of you is wrong.
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?
@@vxy357because of the amount of people that try to sue for the wildest of reasons
Yo E, the smartest & best thing you said, was to "move far away!"
Thatll be the best bc it gives you time to think, plan & stay away from bad intended people that would be able to find you easily.
Stay under the radar. Be safe out there good people.
@@vxy357Large money comes with Large problems....
Lawyers/attorneys are mandatory for lottery winners to stay stress free....
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.
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
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.
@@AlvaSuddenVery smart. Warren Buffet your way through life. The first Rockefeller that came to america (i forget his first name) was like this. Its said that he was extremely cheap, picked up coins off the floors & constantly saved his money hardly ever spending anything.
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
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.
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?
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
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
@@brandondrew-c4tI wouldn't worry or focus on "generational wealth" bc thats not your problem. Just focus on your wealth & if you have children or plan to, then thats your only responsibility. Your grandchildren & beyond aren't even your responsibility.
Stay away from the idea of people that aren't your responsibility.
Somebody needs to turn down the studiolights on Barbara's side...
Right, they got Barbara looking like she processing data.. Lol
*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. 😊
Some the best advice I've ever heard.
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."
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
Kevin O’Leary is hired as my financial advisor!!
Me too lol
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
I LOVE Barbara. Down 2 earth yet SMART!!
Kevin misspoke, it has to be 4% PER YEAR not "a month" because that would be 48% return a year!
I would move change my phone number
I'm still waiting to use this advice.
First thing I'd do is hire Kevin O'Leary.
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.
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.....................................
Step 1: Keep your mouth shut.
Step 2: Retain council.
Step 3: Establish a trust.
Yes!
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.
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
Barbra advise on family asking for money was very wise!
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.
Hey, thanks for having me, I’m Barbara and for that reason I’m out.
SSD Chemical Solution Activation Mercury Whatsapp: +8801756140888 Our offices at Bangladesh,Dubai,India,Whatsapp: +919460172542 Pakistan Office World Wide
SSD Chemical Solution Activation Mercury Whatsapp: +8801756140888 Our offices at Bangladesh,Dubai,India,Whatsapp: +919460172542 Pakistan Office World Wide
I’d use the winnings to pay off my student loans...use whatever’s left to buy a cheeseburger
what a cheap cheeseburger
Yummy!
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
Good advise from both of them.
I like Kevins advice
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.
He's correct. Kevin never meant 4% a month.
And he told the sum invested would bring in 600,000USD a month after taxes.
His math is correct.
Move to another country and live like a king.
Same here 💯💯💯💯💯💯☝☝☝☝
Renounce US citizenship and live in Monaco ; which has no income tax
That money will run out fast if you king it up too hard. Move to a cheap country like Thailand and you can absolutely ball out.
@@hothotheat3000 it will never run out if you only spend the interest. Never touch the principle and you can ball out as much as you lkke
@ABDICOLE true. You can ball out on a fraction of the interest, truthfully. Any remaining interest can be reinvested to grow the principal and compound the interest.
Barbara represents real estate, a good hint.
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.
Want to stay anonymous? Do this...
#1. When ever you go to a store to buy a lotto ticket, Always wear some sort of Disguise. And never park your car in the store parking lot. Just about every store has video cameras, inside and outside. Rest assured, when the media finds out which store sold the winning ticket, you can bet they'll be wanting to see all the stores surveillance camera videos, to see who bought the winning ticket.
#2. Never EVER check your ticket(s) at the store (unless you wear a disguise) or on a lottery app. If you do, you can be identified, (remember the stores have surveillance cameras).
#3. Prior to claiming you winnings, establish a trust. Have a trust/lawyer claim you winnings on behalf of the trust.
#4. Prior to claiming your winnings, rent an apartment in a secure building in another state and get an I.D./driver's license in that state. But dont move there. Its just a decoy. Then claim your winnings in the state you bought the ticket
#5. If you do go and personally claim the winnings. Again, wear a disguise. Hat, sunglasses, covid mask, wig, ext.
Great advice from both
The first few seconds tell the story..... Good morning is a must
Best news I’ve watched in a while
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.
They are wonderful!!
Shark Tank, is a wonderful show, they always give great advice, they all are just wonderful!!!❤️🎉🎉🎉🎉🎉
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.
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.
What are triple A credits
I would disappear like a fart in the wind. People would say what happened to Jim?
Problem with that is that concerned friends and family who genuinely mean well will try to find you to make sure you’re okay.
You can move away without telling people exactly why. Say you got a fantastic job opportunity in (insert state or country) and you’re going to take it. Telling people nothing and ghosting on them isn’t normal behavior, it raises red flags, and people who care will worry and investigate.
😂😂
Well, if my channel is deleted tomorrow, you'll know that I won tonight.
Not deleted.
Thank you Kevin and Barbara
Kevin is a smart guy
Um wtf was wrong with her face in the beginning when she was talking
for 66 million yeah
One word: Cocaine
Mel Rey what the fuck is a ti
Reptilian
She had botox
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.
Kevin! Never spend a penny of the principal. Live on the interest.
I'll bet that my odds of winning the Powerball is ten times greater than the actual winner watching this video.
you bought 10x more tickets
I agree with Kevin
I'll remember this advice for when I win.
Excellent advice!!!
These 2 are so funny but they both gave good advice.
@2:11 he meant 4% a year, not a month.
Yep
Love a video like this!
Great advice!
Great advice. Thanks!
If I won I gonna invest in people helping those who want to help them selves Help them get their head above water then your on your own
So like the sharks
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.
On God! Speak to my accountant. They will always say no🤣
4% per month?! Sign me up!
Winning a lottery is like going into retirement. It's giddy at first, but after a while, you would settle down for the long haul.
I’ll give 100 dollars if you count how many times Barbara blinked
Skiz YT impossible
Skiz YT
I want someone Choose SIX Lucky Lottery Numbers From 1-54.
【❓】【❓】【❓】【❓】【❓】【❓】
no but seriously I suspet she's on the coco
Don't banks also have an option for something called a special account, in which more than the 250,000 insured dollars can go into at least temporarily and be covered. The guppies-- excuse me, I mean the sharks--should probably look into this before they answer questions.
Pretty sure they do
@@stevenevangelist5221 CDAR banking
Its your money do what the hell you want to with it
I see you're the 70% that lose it all
I would never give anybody 25% for some stupid thing like that
Kevin and Barbara both thought that was a stupid idea. Barbara even pointed out you could just get a facelift and move!
Superb advice from Kevin O'Leary..
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.
For family I'd go "I'll save you the trouble, let's split the principle, but from here, don't come to me for more money "
you're insane
I looked at my lottery ticket and the first number my eyes scanned at was the last set of numbers on ticket
I matched Powerball powerplay number correctly🤯🤑.
Then I quickly put my ticket down, (too excited with anxiety my brain short circuit).
Nothing can prepare for the reality that you think you won. I couldn't look at other 5 numbers😲 😱.
Instead I decided to try to think straight and plan properly by surfing the net on, "what to do's".
Finally, after an hour I looked at the other five numbers and they were all duds.
Welp back to the grind, it was a heck of an emotional ride🤦😩😭
ugg I wish you won!
Ouch!!!!! Dame I’m sorry fame I got hurt just by reading
Thanks again 888
4% a month? Which AAA rated bonds are yielding that much?
What I thought also, no such bond exists, unless its a junk bond. I think he was just over-exaggerating the figures to make investing the money more attractive. But I agree with him. Never ever spend the principle.
never spend the 400 mil principle so u can take the rest to ur grave?
Dean Daley his ETF yielding 3.2 to 3.5
but he charges 0.05% managment fee
4% is really hard
unless you invest in 4-5 stocks that are paying that like att verizon boeing
but you cant diversify
especially gov bonds are 2-2.5%
3% is realistic
I know right! Perhaps he meant Treasury bills not Government Bonds
He stated in another interview about the 1.6BN lottery that he meant to say $166k a month
He makes the same mistake of saying $600k, however he corrects himself
(it’s a TMZ interview for proof)
Barbara, cocaine is a hell of a drug.
broncofan311 Lmaoooo hahahaahahaa
I was like why is her eye twitching lol.
broncofan311 😂😂😂💀
broncofan311 shit. Ahahahahhaha
This comment made my day 100x better lol
Im buying a tiny house... and a good looking.. pet..but i still THINK taxes are a scam... big time... think ABOUT it were does it go on war..
I am honored and grateful to have won the lottery jackpot. 🙏😇🌌🌏💰
Fr? How much?
@@thatgurl__ 100m php or about 1.8m us dollars 🙏
I love how the reporters act like they don’t know what to do with millions of dollars🤣
It was humorous to watch them when they earn so much...they tried acting like they'd be like most of us folks if they won.
@@curtischildress9580 exactly I did a quick Google search they all have millions in the bank. They are so fake and its really cringe how they try to come off as one of us.
@@cyberpunkmodels692 I figured it. Good work. Thanks for telling & proving truth. If I ever get rich I won't act fake. I'll still be me & try to help people. Many rich people look down on folks with less. Please know how we're good no matter what. Even when we get rich we won't be ugly like many rich people. There are some good rich people though.
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% of 400million isn't 600.000 it's 16million Kevins math is off
It's an off the cuff calculation done in the heat of the moment. You won't put the entire sum into investments & will always keep x back to cover yourself just incase. On top of that, you have to pay capital gains tax on said investments.
Great advice!!!!
You certainly don't tell ppl.
The sharks have always given some sound advice.
Muulyam in sanskrit is price. Which became mullah(urdu) or mulle(telugu) which people refer to as money. Amulya is a word in telugu which means too precious to be measured in exchange of money
Life is to love and to be loved 💕 Love alone can Conquer the World.