@@sibongilemdakane907 Lotto jackpots in SA aren't that big compared to Canada? Right now the Lotto Max is 70 Million,, that's as big as it gets for now.
I just wanted to say thank you for posting this series online for everyone to watch. I enjoyed watching all the ones you have posted. Moreover I like looking up the people in the videos to see how they are doing or what they are up to now. The ones who have opened up restaurants unfortunately have sold them or they went out of business. Mostly the latter. This show isn’t easy to find online so it’s nice again big thanks.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation*
Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.
You get the full amount only if you take payments over 25 years. If you want to take a lump sum, you get about half. And depending on the state you live in, you have to pay tax, which could be as high as 50% depending on the amount you have won.
When you taker the lump sum your winnings are reduced/ The lump sum is only 61% of the advertised price. So from the 8.2 million was reduced by 39% to roughly 5 million. Taxes further reduced the amount to 2.3 million
@@olgakavalieratos7220 Makes better sense to take it over the 25 years, and pay little tax on that if you have to. Plus you have better spending control of the money also.
_Jonathan Vargas, WOW, he forget the 5 rules after winning the lotto, #1 No publicity, #2 Hire a Financial advisor #3 Finical planner, #4 Accountant and #5 A tax advisor, all before you spend your money on anything big, over 100K, they would all tell him Lease or rent the cars, and don't invest in a wrestling company unless your buying stocks, the moment he had to move back in with his family and not into his own apartment, confirms he's broke._
I’m with you on that one. There is no way that kid would move back home unless he was broke. Everything he did was to cater to his own ego. The wrestling the dating shows. He wanted to be famous. It just seems so foolish regardless of his age. Just because you win a lot of money doesn’t make you smart. I don’t know why he did not seek investment advice. He could have funded all that nonsense with the return on his investments. He is just another cautionary tale.
HAHAHAHAHAHAHAHA! You gotta be extremely anti-talented to do that lol. He took home what, $11 million? He could have spent $6 million on all the houses, vehicles, jewelry etc. he wanted and then used the remaining $5 million by spending $100k/year for the next 50 years without needing to work a day in his life lol. Insane...
@@firelordplayz they did stats back in the 90s of so many jackpot winners, and 80% go bankrupt in 4 years. It's so easy to think your money is unlimited cuz it's such a large amount.
What the hell do the government get half and then tax is paid on the remaining??? What a rip off. In Australia, any lottery win is tax free. You only pay tax on interest made on your winnings because that's considered income.
Your choice to take half. They advertise the before tax because it sounds better and gets more people talking about and buy more tickets. Other countries take the taxes before they advertise the jackpot size.
“She called me and was talking some type of gibberish, I didn’t have time for it “😂😂😂 he’s lucky she stayed with him after he told her he doesn’t have time for this 😂😂
What a waste of money he thinks he invested in. I would have invested in real estate and have the money earn interest while sitting in savings so i never had to work again.
People crying about tax needs to get over it. The high number is never real. In other countries where you think you're getting the full amount, they just never mention the tax.
I just don't understand how a Doctor is stupid enough to fall over something like that. Literally, you never have to send money to win money. That's crazy, and I would never send money just randomly either like. Why wouldn't they ask the police? Or I mean, no one deserves to get scanned but if he didn't have the brains to figure that 1 out and he's supposed to be a Doctor I'm very worried for his patients.
There's a Netflix show called Glow, it's about a women wrestling show, and it's so good. Maybe he should have gone down Netflix route, if everyone loves that show, I'm sure it would have opened the doors for him also.
From the beginning when he took the lump sum I knew he was headed towards a bad path and this happens with young winners. Most lottery winners are over 49 years of age. And this proves that young are not responsible. For 17 million I would have taken the annual payments
I am curious to know how lottery taxes work.. That is over half. Doesn't make sense. The sad truth is even 10 grand would change my life. I am not bad with money I just dont make enough to ever really get ahead. It sickens me someone could win that much and just blow it. There should be an age minimum just like with trust. What 19 year old wouldnt go crazy?
I know right! I remember one morning my fiancé burst in and woke me up saying his 90 year old grandmother had gotten a letter from publishers clearing house and she had won like 2 million dollars she just needed to call a number. I was like are you stupid??? If she actually won pch they show up on your doorstep!! Of course they called the number not believing me and as soon as a foreigner answered they hung up. I told her block the number, don't answer the phone for random numbers. I knew immediately it was a scam. They wanted so bad to believe it was real. Pretty sure the letter had a check on it they wanted her to deposit or something. I don't remember but I was baffled 🤦
The lottery is a fool's game---Only half of money is paid out ( state government keeps half & pays out half)--Then the IRS claims half of the payout in federal & state income tax.
@@Josh-vs7gx I agree-- however, 3 out of every 4 dollars paid into lottery, go into government funds. No game in Las Vegas is allowed to keep so much. Slot machines are allowed to keep no more than 15% of collections; however lottery is allowed to keep 75%.
He took home 11.5 million dollars because from that jackpot amount, smaller amounts which were won by other player wete taken from that jackpot amount. Then 17m was left, which hr got paid and taxed on, That came to the amount he got after all that! I feel prople should to be taught how this works. Of ourse, I'm not speaking for all lottery organisations! In some instances, any money you get outside your regular income is considered supplementary income. We all know that supplementary income is taxed at a higher tax rate! That's why when you make $200 a day at work, but when you work overtime you find you made like $30 that day.
It happens. Numbers came to me in a dream, but I didn't play them. They came out in lottery exactly how they were in dream. I haven't had a dream like that since 😢 Maybe one day I'll have a dream like that again
because the other amount is lame and allows people to spend all their money quick. i'd invest with most of it and make more than the annual payments anyway
The guy heard a voice telling him the lottery numbers hahahaha like come on!!! Someone in the spirit realm gave him the number to win money. The interesting question to know is. Was it evil or good that gave it to him? I wonder.
America is socialist without the benefits of socialism lmao. That tax on lottery winnings, property tax and so on but still dont have free health care😂
4:20. You know this is an old episode when a house like that costs only $350 thousand !
back when it was safe to share your house and winnings on TV
@@Brainjoy01 it was never safe. There are stories of lottery winners being robbed before then
Many ate dead now@@Brainjoy01
Winning $35 million and only getting $11.5 million is crazy😮.
you must be Canadian !
@@starlight7830 I'm South African. Lottery winnings are not taxed this side too!
@@sibongilemdakane907 Lotto jackpots in SA aren't that big compared to Canada?
Right now the Lotto Max is 70 Million,, that's as big as it gets for now.
That’s still more than the average person
I don't know.... I think I could scrape by.
I am a lottery jackpot winner thank you universe!!!!!!
The guy is ballsy for showing the whole world he won by having a lottery episode. I wouldn’t tell anyone.
I won $8 last night. I've been winning every week. Looking forward tot the big win. 💯
Wrestlicious is a terrible name and terribly executed idea
Didn't age will P diddy😂😂
Was looking for this comment 😂
Lmaoooo
@@jcdagoddess8628same 😂
Well*
So times money 💰 💸 can ruin your family life and your life right.
Rob and his wife deserve it! They took in those kids and saved them from being tossed into the system. Hope they’re still doing well
I'm appreciative of the day I win the lottery and to have the wisdom to handle the responsibility.
u did win ur beautiful
@@MikeNelli-uq2wl Thank you so much
@@tunisiaruth u r so welcome
I just wanted to say thank you for posting this series online for everyone to watch. I enjoyed watching all the ones you have posted. Moreover I like looking up the people in the videos to see how they are doing or what they are up to now. The ones who have opened up restaurants unfortunately have sold them or they went out of business. Mostly the latter. This show isn’t easy to find online so it’s nice again big thanks.
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation*
Thanks for continuing updates I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some
You trade also?, I tried trading after watching some videos on < RUclips but still keep making losses, how do you
No I don't trade on my own anymore, I always required help and assistance
From my personal financial advisor
I wanted to see this serie for so long time. Thank you very much
what's a serie??
@@myopinion6092 TV series or TV show
I will win the lottery one day and give back to those in need claiming it in Jesus name 🙏🏽
Jesus said not to gamble
@@ganjaphi8692 Scripture and verse please ...
you just won $30 jackpot! You gamble you lose!
Thanks for uploading these 🙂 I appreciate your dedication to archive these
Yes keep them coming 🙌🙌🙌🙌🙌🙌
he lost 750k in a scam?!?! how lol
Ain’t no way I’m sending shit
They are both donuts.
Wow
Wife was probably in on it , no one is that stupid..
I'm thinking he invested money in something that he didn't understand or due enough due diligence in.
Rob and Robin, what a beautiful story ❤❤❤❤❤❤
How do you go from 8.2 million to 2.3 million in taxes? Math ain’t mathing here
You get the full amount only if you take payments over 25 years. If you want to take a lump sum, you get about half. And depending on the state you live in, you have to pay tax, which could be as high as 50% depending on the amount you have won.
@@olgakavalieratos7220not 50% , there’s 60%tax
@@rtr78978 holy crap that’s a lot!
When you taker the lump sum your winnings are reduced/ The lump sum is only 61% of the advertised price. So from the 8.2 million was reduced by 39% to roughly 5 million. Taxes further reduced the amount to 2.3 million
@@olgakavalieratos7220 Makes better sense to take it over the 25 years, and pay little tax on that if you have to. Plus you have better spending control of the money also.
_Jonathan Vargas, WOW, he forget the 5 rules after winning the lotto, #1 No publicity, #2 Hire a Financial advisor #3 Finical planner, #4 Accountant and #5 A tax advisor, all before you spend your money on anything big, over 100K, they would all tell him Lease or rent the cars, and don't invest in a wrestling company unless your buying stocks, the moment he had to move back in with his family and not into his own apartment, confirms he's broke._
I think he chose to move back in with them by choice.
He Will Be BROKE By Now. His Lifestyle Too. He Is Spending Anyhow
@@Nate101ization no millionaire lives with their parents by choice.
I’m with you on that one. There is no way that kid would move back home unless he was broke. Everything he did was to cater to his own ego. The wrestling the dating shows. He wanted to be famous. It just seems so foolish regardless of his age. Just because you win a lot of money doesn’t make you smart. I don’t know why he did not seek investment advice. He could have funded all that nonsense with the return on his investments. He is just another cautionary tale.
🎯 🎯 👏 👏 💯 💯 ✅ ✅
My husband won euro millions lottery jackpots thank you God
I looked up Jay Jonathan Vargas to see what he's up to and found he went bankrupt.
Not surprised.
HAHAHAHAHAHAHAHA! You gotta be extremely anti-talented to do that lol. He took home what, $11 million? He could have spent $6 million on all the houses, vehicles, jewelry etc. he wanted and then used the remaining $5 million by spending $100k/year for the next 50 years without needing to work a day in his life lol. Insane...
That’s sad.
@@temitopeej8407 not sad, just stupid! God’s blessed you and took it for granted. 🤦🏼♂️
@@firelordplayz they did stats back in the 90s of so many jackpot winners, and 80% go bankrupt in 4 years. It's so easy to think your money is unlimited cuz it's such a large amount.
Already knew when he came out with the wrestling 💩😂He wasn't gonna have any $ left today smh... anybody have an update??
Broke.
Bsmkruot , lost it all
I'm lottery jackpot winner!
I’m the first man that walked on water
By investing my money I win the lottery with little money those are the real winners
Me too 👏🏾👏🏾👏🏾👏🏾👏🏾
I WON A SLERP AND JERK DOWN AT THE OLE MASSAGE PARLOR!!! They said they new is coming..
My husband won euro millions lottery jackpots today thank you God
Update: Jonathan Vargas is broke.
How do you know🤷♀️
i saw that
Thats a ridiculous amount of tax!! Lottery wins aren’t taxed here in Australia 🇦🇺
What the hell do the government get half and then tax is paid on the remaining???
What a rip off.
In Australia, any lottery win is tax free.
You only pay tax on interest made on your winnings because that's considered income.
Your choice to take half. They advertise the before tax because it sounds better and gets more people talking about and buy more tickets. Other countries take the taxes before they advertise the jackpot size.
they need money to help other countries not ours
2.5 million and spending like that they will go broke and more animals left 😢
Yeah I think they made a bad choice on that lottery as young as he was should've opt for the payments.
And what happens when he passes away?
The same thing happens to you and me. @@Alexjayyy
@@Alexjayyyyou can set up a beneficiary to get the remaining. You do that in the beginning
@@DisciplineOverMotivation-rj6tc I know but who says everyone has one.
you know this shit old when that giant house cost 350k lmfaoooo
Lmao 🤣 dude eyes was too close together 👀
Wow! All the mistakes he made. Unbelievable!
“She called me and was talking some type of gibberish, I didn’t have time for it “😂😂😂 he’s lucky she stayed with him after he told her he doesn’t have time for this 😂😂
Its sickening to hear so many married say , I I I . Its sad they are married there is no I
It's annoying how old people feel they have to be nice to scammers.
Their chihuahua is gorgeous.
What a waste of money he thinks he invested in. I would have invested in real estate and have the money earn interest while sitting in savings so i never had to work again.
You don’t think he also did that ?
Nope, he's broke now.
I won 2.5 crores lottery jackpot thank you Gururimpoche ji
How much in us dollars
I bet he loves the casting job!
Let me win the lottery I’m set for life now days isn’t worth spending it on junk
Jay Vargas was better off making a movie on tubi 😅
People crying about tax needs to get over it. The high number is never real. In other countries where you think you're getting the full amount, they just never mention the tax.
I just don't understand how a Doctor is stupid enough to fall over something like that. Literally, you never have to send money to win money. That's crazy, and I would never send money just randomly either like. Why wouldn't they ask the police? Or I mean, no one deserves to get scanned but if he didn't have the brains to figure that 1 out and he's supposed to be a Doctor I'm very worried for his patients.
Inspired by D*ddy
Skip to 1:36…. wins $38 million and can’t spend $5 on smoke detector batteries
My husband already won Euro millions lottery jackpot thank you Gururimpoche ji
I hope it changes my life 1 day!😐
Jamaican lottery? LOL
Scammers are everywhere …No where has more scammers than the USA
The wrestling show was a flop
There's a Netflix show called Glow, it's about a women wrestling show, and it's so good. Maybe he should have gone down Netflix route, if everyone loves that show, I'm sure it would have opened the doors for him also.
Wondering if diddy is still his idol now that the video came out
From the beginning when he took the lump sum I knew he was headed towards a bad path and this happens with young winners. Most lottery winners are over 49 years of age. And this proves that young are not responsible. For 17 million I would have taken the annual payments
The most I've won, at one time, was $1,000.
I'm ready for a $1M, $1B or more!
Lottery vids are entertaining!
invest in real estate small loans and up and coming business
The last family how cool was that for them so happy for them.
Wrestlicious 😂 has to be the worse lottery spend
there is no way anyone has any money left
I am curious to know how lottery taxes work.. That is over half. Doesn't make sense.
The sad truth is even 10 grand would change my life. I am not bad with money I just dont make enough to ever really get ahead. It sickens me someone could win that much and just blow it. There should be an age minimum just like with trust. What 19 year old wouldnt go crazy?
It took up to $750,000 to figure out it was a scam ???? wow they could have given me $100,000 and I would have told them LOL
I know right!
I remember one morning my fiancé burst in and woke me up saying his 90 year old grandmother had gotten a letter from publishers clearing house and she had won like 2 million dollars she just needed to call a number. I was like are you stupid??? If she actually won pch they show up on your doorstep!! Of course they called the number not believing me and as soon as a foreigner answered they hung up. I told her block the number, don't answer the phone for random numbers. I knew immediately it was a scam. They wanted so bad to believe it was real. Pretty sure the letter had a check on it they wanted her to deposit or something. I don't remember but I was baffled 🤦
I don't buy that Richard lustig has a lottery method. He just got lucky.
He's just compulsive
The lottery is a fool's game---Only half of money is paid out ( state government keeps half & pays out half)--Then the IRS claims half of the payout in federal & state income tax.
I would be devastated if I won the lottery and only took home 10mil out of the 35mil. I don't even want the money anymore at that point
@@Josh-vs7gx I agree-- however, 3 out of every 4 dollars paid into lottery, go into government funds. No game in Las Vegas is allowed to keep so much. Slot machines are allowed to keep no more than 15% of collections; however lottery is allowed to keep 75%.
In Canada we get to keep it all - no taxes need to be paid on the winnings.
@@skyemaclachlan5182 Better deal .
@@Josh-vs7gxyou’re trippin if you wouldn’t want it anymore. That’s enough to never work again and to pay off all your debts.
I will win the lottery one day...oh God help me 🙏🙏🙏
i dont think you will. none of us in the comments here will
well the jackpot at least.
Very sad that the guy Jay looked up to the most, was the P Diddler
I am sorry for that man, though.Being scammed and good riddance to his wife she must have been a part of it or she was completely crazy
Thank you almighty Great FATHER for making me to win Euro million congratulations to me Yes its done Amen ❤❤❤❤❤❤❤
Sad taking those babies from their mom.how selfish
Vargas was using artificial cheese to make cheese eggs! Come on! He was bound to go bankrupt.
Unfortunately, you can’t buy class.
I would have left America 😊
how did they owe the irs after paying 3.5 million in taxes on 6 million?? makes no sense
Dude is fine somewhere under that hair. I would love to see him in some nice clothes, a good haircut cut and a groomed beard.
He took home 11.5 million dollars because from that jackpot amount, smaller amounts which were won by other player wete taken from that jackpot amount. Then 17m was left, which hr got paid and taxed on, That came to the amount he got after all that! I feel prople should to be taught how this works. Of ourse, I'm not speaking for all lottery organisations!
In some instances, any money you get outside your regular income is considered supplementary income. We all know that supplementary income is taxed at a higher tax rate! That's why when you make $200 a day at work, but when you work overtime you find you made like $30 that day.
Owning a bunch of animals and livin in a farm can be a hassle. I am more into nature
houses were soo cheap 16 yrs ago its insane
I'd just say take the money you want out of my winnings and send me the rest
4:08 that aged well 😬
I highly doubt the story of the numbers coming to him when he woke up!😆😆
It happens to a few people. Loot at Timothy Schultz… also lottery winner
It happens. Numbers came to me in a dream, but I didn't play them. They came out in lottery exactly how they were in dream. I haven't had a dream like that since 😢 Maybe one day I'll have a dream like that again
Why even bother taking one lump sum when they take 50% of the lottery win , why??
because the other amount is lame and allows people to spend all their money quick. i'd invest with most of it and make more than the annual payments anyway
P. Diddy lmaoo
He wanted to be like puff daddy 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
pfft glad there are no taxes in Canada.
I am a lottery jackpot winner 🎉🎉🎉🎉
I would just say take the money you want from me off my winnings and send the rest
We are not allowed to have any native animals as pets let alone a wallaby here in Australia
his mom in the corner like…
As an Aussie, I hate that this woman brought wallabies.
They belong in Australia, not in the US
And don't ever BUY animals!!! They are to be adopted and rescued!!!💕
what a flex win the lottery and buy a semi truck just to drive it around your county
I am arabapati now thank you God
Great people
At 19... You take the annuity
Sorry, who was his inspiration??? 😂😂
lol
Jon Vargas spent way too much money ugh
if you watch any of those youtube channels where it is the dumbest lottery winners, that Jonathon Vargas was a dumb one and lost his money.
No Diddy
The guy heard a voice telling him the lottery numbers hahahaha like come on!!! Someone in the spirit realm gave him the number to win money. The interesting question to know is. Was it evil or good that gave it to him? I wonder.
Hope you will understand me Gururimpoche ji
He won 8.2 Millions. And got 2.2 millions only. What kind of joke is this. This totally scam. 😂 😂
He went to Tampa for the sleazy lol makes sense
Damn that sucks you win 35 mill and you only get 11.5 mill
America is socialist without the benefits of socialism lmao. That tax on lottery winnings, property tax and so on but still dont have free health care😂