10 Things You Should Never Do After You Win The Lottery

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  • Опубликовано: 19 сен 2024
  • Whether you play the mega millions, jackpot, lotto or scratch tickets, These are the 10 things that you should never do if you win the millions!
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Комментарии • 67

  • @Goyanks28
    @Goyanks28 Год назад +34

    It might not be tonight but I am going to win the Powerball jackpot and I will dedicate my life to helping animals and the poor!

    • @Fourtune1
      @Fourtune1 Год назад +1

      No you won’t. You say “will”. You can’t volunteer and donate today but you won’t.

    • @RodVonLongrod
      @RodVonLongrod Год назад +1

      Help the poor become self-sufficient?

    • @tsampaventure-qh7bm
      @tsampaventure-qh7bm Год назад +1

      May you win all of your dreams

    • @gabehernandez5011
      @gabehernandez5011 Год назад

      There is a sucker born every minute

    • @nathan3961
      @nathan3961 10 месяцев назад

      I'm poor and act like an animal because of it. HAAAAALP😂

  • @jay-t1030
    @jay-t1030 Год назад +20

    Tomorrow is NEVER promised to ANYONE, I will be taking the lump some thank you very much. I will invest it and double my jackpot within 5 yrs.

    • @lesglover6515
      @lesglover6515 11 месяцев назад +1

      Or? Youll be broke within 3 years.....

  • @myopinion6092
    @myopinion6092 Год назад +31

    annual payments mean you can lose THOUSANDS on interest and investment profits. take a lump sum and get a fiduciary advisor team

    • @katherinekelly5380
      @katherinekelly5380 Год назад +7

      They also payout a discounted amount if you take the lump sum, the amount advertised is for taking the annuity

    • @nathangallegos9304
      @nathangallegos9304 Месяц назад

      Take annual payments
      People overspend
      Income tax comes around you can claim it back

  • @brentlybennett357
    @brentlybennett357 Год назад +9

    You don't need a financial team so many are crooks, not all but most are and they won't tell you that, and you need to buy what you want or need soon as possible and invest in liquidity ASAP!!!!

    • @mikeh2129
      @mikeh2129 Год назад +4

      Learning how to manage our own money and be responsible with our own money is key.

    • @strangerintown3676
      @strangerintown3676 8 месяцев назад +2

      You need to be your own financial team, the less people involved the better. It is just an added expense.

  • @Fast-Burn-Productions-LLC
    @Fast-Burn-Productions-LLC Год назад +30

    Listen to everything on this list! Only thing I disagree with is the first one! DO not sign the back of that ticket yet! See if your state allows you to remain anonymous! If you can? Then the moment you sign your name you can't remain anonymous and the cat is out of the bag! If you can remain anonymous! Tell no one! No co workers you work with, no friends, no family and such! Tell no one. Put it in a safe place, safe deposit box at the bank. Go to a big city and find a law firm that deals with people who have money. Ask to talk to an estate attorney that you can set up a trust that can claim the winnings where you are a benefactor of! After you have money available, sure take a vacation, spends a lil and such. But don't buy a Lamborghini, a big mansion yet if that's what you want. Set a great money foundation. Now your money is making you money! In the near future the cool expensive stuff you want ends up kinda being free! If you start buying expensive stuff so soon you might be one of the 70 percent that go broke in a certain amount of years! That has to be the worst feeling ever to have in life that you had all that money but blew it all away! 😎

    • @Keepinspirin
      @Keepinspirin Год назад +4

      Facts

    • @leonbatista7654
      @leonbatista7654 Год назад

      Exactly

    • @rivenoak
      @rivenoak 11 месяцев назад +1

      fair guess: you cannot remain anonymous to lottery officials because you cannot remain anonymous to dear IRS. but your identity is safe still and wont become public.

    • @nicksteinberg6621
      @nicksteinberg6621 11 месяцев назад +2

      You can create a trust and accept the prize as trustee under different name-whatever that may be. However, only a handful of states allow that. I agree. Don’t buy depreciating assets yet or give money away. First invest and create passive income or interest off that chunk of money. Then, use THAT passive money to invest in assets, help others, living expenses, or spend on liabilities such as cars- since it won’t affect your principle balance.

  • @Jonesmatsunaga
    @Jonesmatsunaga Год назад +92

    It is always good to have a financial plan. I worked with a licensed planner and retirement strategist. The fixed income in your portfolio serves only as a cushion for the volatility of the equity portion, but also as legitimate income.

    • @Muriel-1112
      @Muriel-1112 Год назад

      When i came in contact with Lucy i saw the potential benefits and grabbed the opportunity of being under his guidance and so far, LIFE IS GOOD

    • @Andres_853
      @Andres_853 Год назад

      . I remember just after my layoff 3 years ago amidst covid outbreak. i needed to stay afloat, hence researched for licensed fiduciary advisor. thankfully i came across someone who has been practicing knowledge and decades of experience. i liquidated 200k of my 340k from my 401(k)

    • @Alexanda-Mc
      @Alexanda-Mc Год назад

      wow, Lucy rose is making waves in the financial market currently from Bloomberg to CBNC. Impressive

    • @RayFreddie219
      @RayFreddie219 Год назад

      She recognizes that Making investment especially for a mast number of people involves a whole lot of risk and best believe this is the main reason for her long term success

    • @Jonesmatsunaga
      @Jonesmatsunaga Год назад

      She is tope result as i just searched her name. Thanks for the recommendation

  • @RodVonLongrod
    @RodVonLongrod Год назад +30

    The Federal Reserve Note is on its last legs. Take the lump sum, then buy things that will hold their value if & when the CBDC system is forced upon us. Gold, silver, land, real estate. Just a few things that will hold value when the Digital Fiat Coin is in operation. Bonus that you will be able to purchase things outside the surveillance & control of the DFC.

    • @brentlybennett357
      @brentlybennett357 Год назад +5

      Beware of Eminent Domain.

    • @RodVonLongrod
      @RodVonLongrod Год назад +5

      @@brentlybennett357 Buying a private island might be the way to go. Stock it full of storable food and water filters.

    • @wesleymills560
      @wesleymills560 Год назад +3

      Don’t listen to him people lol

    • @RodVonLongrod
      @RodVonLongrod Год назад

      @@wesleymills560 You're going to love living in your 150 square foot pod in a fifteen minute city as you eat bugs and have your every move tracked & traced. Better start looking into the World Economic Forum, Klaus Schwab, and Agenda 2030.

    • @davidlambert7937
      @davidlambert7937 11 месяцев назад

      Demons are everywhere

  • @HowIWintheLottery
    @HowIWintheLottery 11 месяцев назад +6

    GOOD LUCK TO ALL THE PLAYERS

  • @camcroney7965
    @camcroney7965 Год назад +5

    If you take lump sum you' re looking at 60% of the reported jackpot. Taxes will take about 30% of what you get. If you are in 20's or 30's maybe you consider annual payments but in most cases you are best take lump sum and invest in index funds.

  • @RiceLaboratoriesandScreening
    @RiceLaboratoriesandScreening Год назад +4

    I think the annuity or lump sum question only matters dependent on how much you win. If you win a million why would you annuitize that? If you win $100 million maybe consider it. I would personally lump sum my winnings and invest because your money grows faster with the right investments. Annuity has a lower investment interest rate that barely covers inflation year to year. And a finanical team is highly considered if you win a huge amount of money unless you are use to handling hundrds of millions of dollars on a daily basis. Also, one thing to remember is to continue a budget so you wont blow all of your money

  • @johnbaldock6353
    @johnbaldock6353 Год назад +9

    In the U.K you never have to identify yourself if you don't want and you don't pay tax and you get the full amount in a single check, No yearly payments.🇬🇧👍

    • @colincampbell3679
      @colincampbell3679 Год назад +1

      Yes, that's why winning even a mega amount in America is not so great. Half the money gone just to pay Fed Tax bill.
      Not a good system to say you won Hundreds of Millions then see half gone given to Uncle Sam
      who lets be real here don't need that money as they already spend trillions without needing millions of Americans to give them lotto wins in the millions.
      They already Taxed you with normal yearly taxes so why do they need the rare winnings some get?
      Times like this I am pleased I don't live in the US. if I am so lucky to win big on the lotto in the future the greedy Government will not be getting half my wins.

    • @rivenoak
      @rivenoak 11 месяцев назад +1

      National Lottery knows your name of course, but that's it. as IBAN is a thing there is no need for any of those fancy large checks ;)

  • @currentresident7760
    @currentresident7760 Год назад +6

    lump sum if you know you don't have 30 years left to collect the full amount?

  • @BigTruckRacing
    @BigTruckRacing Год назад +6

    Only in the USA do you have to pay taxes , in Canada it's all yours , sure glad I'm one .

    • @rivenoak
      @rivenoak 11 месяцев назад +1

      UK and most of europe too: no taxes and anonymity until the hell freezes over

    • @strangerintown3676
      @strangerintown3676 8 месяцев назад

      That's because the USG is broke.

  • @blackdadgaming6944
    @blackdadgaming6944 11 месяцев назад +4

    Don't tell anyone!

  • @sleepycalico
    @sleepycalico Год назад +7

    If your state lets you hide your real name, don't sign it under your real name! Put it into a safety deposit box until you have that detail worked out.

  • @tulio5484
    @tulio5484 Год назад +4

    music is to loud

  • @OmegaLevel-GodTier
    @OmegaLevel-GodTier Год назад +4

    Peachtree and JG Wentworth are companies that allow you to borrow against your future payments. People do it all the time. Still need discipline.

  • @abduldenn6049
    @abduldenn6049 Год назад +6

    Step one : win lottery
    Step two :

  • @adambolden6669
    @adambolden6669 11 месяцев назад +4

    I cant wait to hit. Im prepared to lose friends and family 😂

  • @tyheemthedream.
    @tyheemthedream. 8 месяцев назад +1

    After thinking about it, my donations will be the taxes that I paid for winning the jackpot, that money will help a lot of people.

  • @jrbear12182000
    @jrbear12182000 Год назад +2

    Sometimes it is not that easy when you have low vibrational neighbors that love being agents of chaos. When they know there's nothing you can do and the apartment office won't do anything the distraction becomes overbearing.

  • @williambagley5415
    @williambagley5415 11 месяцев назад +1

    I want the $1,550,000,000 of tonight's Powerball jackpot 😎 I'm lumping it, baby!

  • @strangerintown3676
    @strangerintown3676 8 месяцев назад +1

    Take the lump sum or the annuity depends on your age, 40 years old or younger take the annuity, over 40, then take lump sum. Anything can happen over 30 years. Myself I don't play lottery, because I don't waste money on something I have no chance to win.

  • @forsemperfi6394
    @forsemperfi6394 Год назад +1

    Music is too loud.

  • @VM8888
    @VM8888 9 месяцев назад

    Great information !!

  • @zoomx4143
    @zoomx4143 8 месяцев назад +1

    I got headaches from that music

  • @chandachankhankhan6150
    @chandachankhankhan6150 10 месяцев назад

    I Love 💕💕💕💕💕💕💕💕 Around the World 🌍

  • @chandachankhankhan6150
    @chandachankhankhan6150 10 месяцев назад

    Good morning sir Mumbai Maharashtra India ❤❤❤❤❤❤❤

  • @JLW667
    @JLW667 2 месяца назад

    0:08 #10

  • @freemanponi3155
    @freemanponi3155 Год назад

    I am from Africa Nigeria,I do play Mega millions online... I need some how to do to get things done

    • @rivenoak
      @rivenoak 11 месяцев назад

      well... you have to move your butt to USA in case of a big win to claim in person. good luck with that :)

  • @Mini-ge9sm
    @Mini-ge9sm 2 месяца назад

    I declare I will win the powerball or mega million

  • @alwayswinning3743
    @alwayswinning3743 Год назад

    Sign the back, date It and Initial It :)

    • @rayray8137
      @rayray8137 11 месяцев назад +1

      In Kenya you play thru your phone,and since your phone number is registered to your ID number,only you have that line...so no one can steal your ticket it's on the phone

  • @gwillis01
    @gwillis01 Год назад +2

    hello YT. video watching people