What You Should Do Immediately After Winning The Lottery

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  • Опубликовано: 29 июл 2022
  • Timothy Schultz joins Saturday TODAY to discuss how his life changed after winning the Powerball in 1999 when he was just 21 and shares tips on what lottery winners should do immediately after hitting it big.
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    #news #money #lottery #Powerball #MegaMillions

Комментарии • 185

  • @ericinla65
    @ericinla65 Год назад +83

    1) Keep your mouth shut 2) Get an attorney 3) Move & Change your phone # before you claim the prize

  • @livelifewithkaykay5050
    @livelifewithkaykay5050 Год назад +75

    The first thing I'm going to do is thank God because I knew it was coming. Then I'm going to take a nap because I'm tired. Tomorrow I'm going to wake up and go to work for my last day. Then I'm going to call a lawyer and financial advisor, then after my team is set up, I'm going to turn in the ticket and remain anonymous since my state allows it. After it's all set, I'm going to set up individual funds for my family and give them each a good portion. After that is settled, I'm going to book a trip to Thailand and buy a condo. Relax and figure out what I want to do from there. I will thank God for the financial freedom so that I can complete my actual purpose of connecting with people all over the world telling my story and letting them know that God is real. ❤️✨

    • @eazytv1484
      @eazytv1484 Год назад +3

      🙏🏽 good luck to you and I.

    • @normalgirlcvco
      @normalgirlcvco Год назад +2

      God bless you

    • @pinoypooltv
      @pinoypooltv 10 месяцев назад

      Why not try Philippines? haha

    • @marqj301
      @marqj301 2 месяца назад +1

      I like everything except quitting work the next day for a few reasons. If I'm an employer and one of my employees just up and quits, I'd be upset. I know it happens a lot, but that doesn't necessarily make it right.
      Also, I don't want to give away any hints that I've won the lottery. I'll work for a while longer, but also will be setting up my financial team in the meantime. The only thing I'd do is change my number prior to claiming my ticket because we all know your phone will start blowing up once it's known you're a winner. This is for those whose states don't allow anonymity.

  • @privateconcierge3375
    @privateconcierge3375 Год назад +156

    Timothy Schultz is a cool guy, his channel is Awesome!

    • @bradobbink6564
      @bradobbink6564 Год назад +3

      NO MATER what i won i would have two banks and i would split it in half so if i blew
      the first bank the second bank would pay me like a Job and if I had 4.000.000 in
      that bank i would pay myself 1923 dollars a week for 40 years.

    • @mechamicro
      @mechamicro Год назад +1

      @@bradobbink6564 Whole Stock is also good as is never loose in the long run!

  • @poseidon3201
    @poseidon3201 4 месяца назад +18

    I receive the advice and will apply it to my life very soon when it happens for me.THANKS 💲

  • @justincarroll542
    @justincarroll542 Год назад +28

    I feel a massive win coming

  • @Divine-pg1wm
    @Divine-pg1wm Год назад +32

    Congratulations to all the winners out there🎉🥳

  • @MaxAdventuresWith7
    @MaxAdventuresWith7 9 месяцев назад +14

    Max here. I know what I am doing if I win that whopping $1.25 BILLION MM jackpot this Friday. I am sharing it big time! 🍀😀

  • @A_friendwithoutbenefits
    @A_friendwithoutbenefits Год назад +49

    I wouldn't tell a soul if I won the lottery. Don't get why anyone would want to go public and subject themselves to envy, jealousy, requests for money and dangerous characters coming after their money. I would help out my loved ones, but would pick a stock that exploded, and explain I made money from investing in that stock.

    • @garystinten9339
      @garystinten9339 Год назад +4

      Yeah a good investment choice odds wise is about as likely as a lottery win..

    • @chantal4523
      @chantal4523 Год назад +13

      I think some state they make you go public when you won.

    • @mffuniverse3806
      @mffuniverse3806 Год назад +5

      You people fail to understand basic law, this is why some lawyers, “accountants & financial advisors” get off with your money when you hire them.
      Firstly, when winning the -tax fraud money laundering- lottery whatever state you live in that may require you to be subject of public appearance.
      Secondly, when in the process of securing your financial sector, you will have a hard time trying to find lawyers, accountants, and advisors who aren’t unethical and or immoral.
      Thirdly, if you passed those first 2 with flying colors the next issue is your fellow neighbors, it’s quite simple on what to do at this stage.
      If I were to win the lottery even though I don’t participate in such shams, I would keep my job until I am completely secured, take my time evaluating my financial law team, and getting a government phone.

    • @bigd3266
      @bigd3266 Год назад

      @@mffuniverse3806 where do you get your information from let me guess infowars smfh lol

  • @chosenyung
    @chosenyung Год назад +15

    I will use the money to help as many people as i can

  • @superloverboy25
    @superloverboy25 Год назад +47

    I play now 9 years lottery i never hit more than i play so its a sign to hit big one time :) still praying and manifest to win ;)

    • @intimidate4339
      @intimidate4339 Год назад

      Hey man, in all seriousness it’s a bad habit. Your being manipulated by the fantasy of becoming a millionaire over night. Statically you’ll never win, so it’s better to not worry about it.

    • @Rayan130.
      @Rayan130. 7 месяцев назад +2

      hope you win if you do pls tell me

    • @Chai_586
      @Chai_586 3 месяца назад

      0.0001 good luck Jeff

  • @DABA2024
    @DABA2024 Год назад +41

    Absolutely love Timothy Schultz!

  • @nzingaayo-mamadi3753
    @nzingaayo-mamadi3753 Год назад +46

    I’m so proud of you, Timothy! I’ve been watching your channel for a minute. GREAT JOB! You are looking more and more comfortable in your role.

  • @user-mp3ss1iw5w
    @user-mp3ss1iw5w 6 месяцев назад

    Thank you happy holidays pamily

  • @mj4lyfe101
    @mj4lyfe101 Год назад +15

    Good to see Tim on here! Love his channel.

  • @thehealinggarden7850
    @thehealinggarden7850 Год назад +27

    I’m so happy to see Tim on the today show I watch him all the time 🥰🥰🥰

  • @janellemcleod
    @janellemcleod Год назад +1

    Ok, thank you🙏🏼👍🏼

  • @franciscoaudevert615
    @franciscoaudevert615 Год назад +2

    Great information sir.

  • @iHAVEtheMUSICuWANT
    @iHAVEtheMUSICuWANT 10 месяцев назад +4

    I’m about to win the $670 million power all drawing tonight👍

  • @adrianasreport
    @adrianasreport Год назад +21

    I watch his channel all the time, lol.

  • @marlenarogers5709
    @marlenarogers5709 Год назад +5

    Tim is awesome!

  • @rietosee05
    @rietosee05 2 месяца назад +1

    Thank you 🎉

  • @richardjr
    @richardjr Год назад

    Good to see you.

  • @user-mp3ss1iw5w
    @user-mp3ss1iw5w 6 месяцев назад +1

    Thank you

  • @elliottharris9015
    @elliottharris9015 Год назад +14

    First thing I would do is hire a good accountant.

    • @mffuniverse3806
      @mffuniverse3806 Год назад +4

      Nope find a integrity lawyer, and pray he has connections with integrity accountant and financial advisors

    • @tarag7292
      @tarag7292 Год назад

      Finding a lawyer I can trust and a financial fiduciary would be the very first things I would do.

  • @Theextremepessimist
    @Theextremepessimist Год назад +11

    Let me speak with my financial team and I’ll get back with you. Then never get back with them. You leave the leaches in the water.

  • @francislerma7571
    @francislerma7571 29 дней назад +2

    If I win I won't tell

  • @captaintime267
    @captaintime267 Год назад +7

    When I hit the lotto I will just keep it very very quite 👀👀👀👀

  • @arveedibira2454
    @arveedibira2454 3 месяца назад +1

    i dont like to be interviewed ever if im a winner😂😂😓😓😓😅😅

  • @johncameron4194
    @johncameron4194 Год назад +2

    Timothy Is a very cool guy

  • @dearyvette28
    @dearyvette28 Год назад +13

    Congratulations to you again!! You are our inspiration

  • @deanevangelista6359
    @deanevangelista6359 Год назад +8

    If I won, the first thing I would do is change my shorts!

  • @ladyjustice1474
    @ladyjustice1474 Год назад +10

    1st get a lawyer to help keep your name out of the press, and what will happen regarding taxes, plus have a will drawn up.
    2nd: tell no one, don't make any sudden changes, in where you live, what you drive, or quit your job.
    3: do not give anyone a large cash gift. Especially when they know how much you make working. Do not buy anyone expensive gifts.

    • @TJ-100
      @TJ-100 Год назад +6

      I’m definitely changing what I drive, u trippin

    • @opheliad7452
      @opheliad7452 Год назад +2

      Am definitely quitting lol

  • @riffraff9070
    @riffraff9070 Год назад +6

    This did not help at all. "Call financial advisors"
    Ok who? Whos trusted, what are the red flags? Whats the next step?

  • @SpammytheHedgehog
    @SpammytheHedgehog Год назад +22

    Congratulations. I plan to be the next Lottery winner.

    • @skrtshadow45
      @skrtshadow45 Год назад

      U have a higher chance of dying in a plane crash then winning the lottery😂

    • @ayeitzdj
      @ayeitzdj Год назад

      Good luck 👍🏽

    • @ayeitzdj
      @ayeitzdj Год назад

      Good luck 👍🏽

  • @sityhall5850
    @sityhall5850 Год назад +8

    I love his channel I’m going to be doing my interview with him soon!!!

  • @Milwaukeemale34
    @Milwaukeemale34 2 месяца назад +1

    I would help as many as possible also invest in my city, schools, streets, and homeless.

  • @donatello9482
    @donatello9482 Год назад +3

    Watching this for when I win the lottery

  • @postersm7141
    @postersm7141 5 месяцев назад

    3:17 The Newscaster just made Timothy‘s point!
    When you have lots of money, especially all the sudden, it gets very complicated very quickly because of 3:17!!!!

  • @LoveConquersAll888
    @LoveConquersAll888 Год назад +3

    I am so happy for Timothy.

  • @mosthated.e.2422
    @mosthated.e.2422 3 месяца назад

    Timothy Schultz 🔥

  • @Blacklistwar
    @Blacklistwar Год назад +6

    The biggest thing I'd do is keep it a secret

  • @itstheweather5859
    @itstheweather5859 2 месяца назад +3

    Just don't answer the phone is you don't know who it is.

  • @marszbars6674
    @marszbars6674 Год назад +1

    I always come to the comments section to get advice from all the experts giving their opinions of what I should do with MY money (if I ever win)

  • @jsterling6805
    @jsterling6805 10 месяцев назад

    I would love to have that worry.

  • @davidmarquez1267
    @davidmarquez1267 Год назад +2

    literally didn’t say anything but keep your feet on the ground 😂

  • @Native722
    @Native722 Год назад +6

    Never spend the principal

  • @joegreen4333
    @joegreen4333 Год назад +7

    Lawyer and accountants...

  • @SausageandWine
    @SausageandWine Год назад +7

    If you hit lottery as a French guys i would do an anonymous interview with Tim on his podcast to share my experience.

  • @chrissinclair4442
    @chrissinclair4442 Год назад

    What's the over under on this guy's comb over?

  • @animerabbitden884
    @animerabbitden884 Год назад +7

    what i would do when people come out of the woodwork i would laugh into there face
    ha ha ha last time i check i was disown and to those people who say there my friend
    i would say last time i check you didn't come to my birthday

  • @DustyRolls
    @DustyRolls Год назад +4

    First things first, get some melatonin for sleep. I'd need it for sure 😊

  • @icesummer388
    @icesummer388 6 месяцев назад +2

    seek financial advisor is really a good advise. But i am thinig also if the financial advisor should tell me if i need to incorporate my self and build a company instead to manage money through the investments that i will made and it will generate

  • @georgeross9356
    @georgeross9356 Год назад +1

    Hello Mr. Schultz, just a question for you if you know the answer. If I live in Ohio and buy my lottery ticket in Tennessee ( that doesn't have a state tax) Do I have to pay state tax on my winnings?

    • @markettrader911
      @markettrader911 День назад

      Yes you will pay Ohio taxes since you live and file there

  • @hamidghazi8724
    @hamidghazi8724 Год назад +3

    God bless him.. You can help a lot of people with that type of money.. Jesus = Lord 👑🙏🏽❤️

  • @quintinjxander
    @quintinjxander Год назад +1

    Save & Invest... Well in my opinion.

  • @hughjassol2072
    @hughjassol2072 Год назад +1

    Simple, I wouldn’t tell anyone about my winning.

  • @slshusker
    @slshusker Год назад +6

    Hire a low cost name brand financial advisor and have them set up a Trust so you can claim the winnings anonymously (many States).

  • @user-po8no1xp6e
    @user-po8no1xp6e Год назад +12

    Which one is better? When one person has a billion dollars or when 1000 people have a million dollars each?

    • @gennyvergara63
      @gennyvergara63 Год назад +3

      The latter. Because there are at least a thousand less people who'll ask money from me.

    • @user-po8no1xp6e
      @user-po8no1xp6e Год назад +1

      @@gennyvergara63
      Good job

    • @skinovtheperineum1208
      @skinovtheperineum1208 Год назад

      I think it's when 500,000,000 people each have two bucks still in their pockets.

    • @user-po8no1xp6e
      @user-po8no1xp6e Год назад

      @@skinovtheperineum1208
      You might be right about it actually

    • @rolandojr.antonio6855
      @rolandojr.antonio6855 Год назад +1

      1000 person with millions

  • @vinbucketts6209
    @vinbucketts6209 2 месяца назад

    My name is Nick and i will win the megamilions jackpot tomorrow ! Go brewers!

  • @PracticalPerry
    @PracticalPerry Год назад +1

    Why would you need financial adviser(s) with all that money? Gloria MacKenzie won the Powerball and her "financial advisers" overbilled her, over 1 million dollars. Simply put all that money in a couple bank accounts and live off the interest. Further, you would probably only need to hire one person, an attorney, if that and the attorney may try to rip you off too. Pay off any debt you have and then buy a modest home and that is all you need. Sorry, but just because you won the lottery does not give you a Ph.D. in anything. Many rich people think they are smart, and all the rich people I know are not smart, they simply inherited their money and make passive income with rental properties. They did not work for their money.

  • @robertbouchard963
    @robertbouchard963 2 месяца назад

    The fact this dude was an N64 guy and not a PS1 guy in 1999 makes me not trust him.

  • @flintjackson449
    @flintjackson449 Год назад +4

    Nintendo 64? Oh heck yeah.

  • @melissaanderson821
    @melissaanderson821 Год назад +1

    I'm thinking about panhandling tomorrow.. I'm poor...

  • @SayLessAli
    @SayLessAli Год назад +1

    Timmmm

  • @lindacoffey4799
    @lindacoffey4799 Год назад +1

    First you sign the ticket and keep it in a safe place..

  • @garystinten9339
    @garystinten9339 Год назад +3

    I want to hear a podcast from Tim with Manuel Franco 💵💵💵💵💵💵💵💵💵💵🐵🐵💰💰💰💰💰💰💰💰

  • @daveyondarnellsr.3829
    @daveyondarnellsr.3829 Год назад +6

    Stay consistent with your numbers stay true to them you gotta play to win 🥇

  • @michelle-eu8er
    @michelle-eu8er Год назад +1

    me manifesting by watching this

  • @iamlotteryjackpotwinnerbil2957

    Get ready for my interview I will just be new to the spot light but it is coming soon.

  • @sebastiannorrington3792
    @sebastiannorrington3792 Год назад +1

    Do a direct deposit do no one can follow you to the bank.

  • @djamilsonmonteiro6038
    @djamilsonmonteiro6038 Год назад

    🙏🏾

  • @catalinalopezleonmi
    @catalinalopezleonmi Год назад +1

    Un cheque al polígono del valle Jaén capital España Andalucía

  • @kristiemao4275
    @kristiemao4275 Год назад

    I love Timothy Schultz's RUclips channel on other lottery winners. Are you listening? 😃

  • @justincarroll542
    @justincarroll542 Год назад +1

    TIMOTHY I BELIEVE IM WINNING TONIGHT POWERBALL IF I DO YOULL BE AT A PARTY

  • @mitrahall2690
    @mitrahall2690 Год назад

    Try to enjoy life!.

  • @bamagym
    @bamagym Год назад +3

    Seek financial advisors is the answer if you dont want to listen to the other 3:47 seconds of jibberish

  • @scottbutler5421
    @scottbutler5421 Год назад

    I would keep the house I am currently in... but I would not leave there.
    my mail would go there.
    but I would not

  • @joneslukas
    @joneslukas Год назад +2

    I didn't know lottery winners are called self made millionaires!

  • @stormysmom222
    @stormysmom222 Год назад

    Information the majority of us don't need to know

  • @catalinalopezleonmi
    @catalinalopezleonmi Год назад

    Soy llo N veo nada no tengo ordenador

  • @postersm7141
    @postersm7141 5 месяцев назад

    1:10 “ Your wife”

  • @johncameron4194
    @johncameron4194 Год назад

    Sometimes? How about always

  • @monstersince
    @monstersince Год назад

    give it away

  • @javajoe4
    @javajoe4 Год назад +7

    He's not really a 'self-made' millionaire if he won the lottery.

    • @UncleRuckus7600
      @UncleRuckus7600 Год назад +15

      Yes he is regardless of how much work is put it. Because he got the ticket because of what he did. Self made is acceptable. Just don't be bitter

    • @vo7tage
      @vo7tage Год назад +2

      What if I told you being a sole proprietor is a gamble.

    • @robmoney4life
      @robmoney4life 10 месяцев назад +3

      he invested his money into a lottery ticket

  • @rexiiforsure9558
    @rexiiforsure9558 7 месяцев назад

    Here is the steps to take if you win the $1 billion Powerball
    1. Announce and brag to everybody that you won it the lottery
    2 do it as Warren Buffett do would and put at least 75% of it in the S&P 500 Index fund
    3 actually better scratch off step one

  • @KevinBrownn
    @KevinBrownn Год назад

    God the thumbnail looked like dahmer

  • @edgeof1956
    @edgeof1956 Год назад

    Give me a call!!

  • @moedawg4061
    @moedawg4061 Год назад

    I’m moving out of America that I do know ?

  • @melissaanderson821
    @melissaanderson821 Год назад +1

    I'm poor . I'm a starving artist.. as I speak English now

  • @liamliam5341
    @liamliam5341 Год назад

    Do not tell anyone.

  • @theoutdoorguy8740
    @theoutdoorguy8740 Год назад

    I'm getting a lawyer.
    The money will be claimed anonymously.
    Putting money in trust accounts. Paying off all my debts.
    Not quit my job.
    I would not tell anybody I won a large lottery. Inherited some money.
    I also would not spend the money foolishly.

  • @deepsky7206
    @deepsky7206 Год назад

    activists posing as tv anchors posing as journalists

  • @aykutpelvan7058
    @aykutpelvan7058 6 месяцев назад

    My best piece of advise would be play the three monkeys.

  • @rulinghabs
    @rulinghabs Год назад

    I would rather my mom or brother win. This way they give you money and no one has to know how much you were given. Then you have no obligations to help anyone that you don't want to because you can keep what you were given private. It is no ones business.

  • @JJ-rf7dg
    @JJ-rf7dg Год назад

    1). Tell the boss I quit.

  • @roadracejunkies4827
    @roadracejunkies4827 Год назад +1

    Win the Money and Help the homeless People with some of the money. Avoid giving money to the church pastors and Politicians. Avoid Organized charity. Set up your own. Avoid banker and their loans. Avoid creditors

  • @Kneephry
    @Kneephry Год назад +3

    I really think news should stop making these segments (what to do if you win). Even if a million people tuned into your show it'd be more likely than not not a single one of them won. Segments like this deceive people in believing against the insane odds of losing. You are literally more likely to die driving to buy a ticket than to have a jackpot ticket.

    • @jonathandutra4831
      @jonathandutra4831 Год назад +4

      With your attitude we would never have a winner.

    • @Kneephry
      @Kneephry Год назад +2

      @@jonathandutra4831 Good. If nobody plays the lottery all the better. The lottery is a losing game for 99.99999% of those who play and society would be better of for those 99.99999%.

    • @mffuniverse3806
      @mffuniverse3806 Год назад

      And that means our tax dollars will just be redirected to what we already fund, hey let’s give the military 75 billion dollars to their already 800b income (every year) or hey let’s find more prisons that fails at reformation.
      Or we can simply double fund politicians, because 10% for the big guy amirite?

    • @tarag7292
      @tarag7292 Год назад +2

      @@Kneephry Let people play of they want. You have no say on what others want to do with their money. If they have discretionary funds, then I don't see anything wrong with people spending a few bucks on the lottery. Besides, the odds were just as bad for the people who actually won.

    • @TJ-100
      @TJ-100 Год назад +1

      @@Kneephry by your logic there wouldn’t be multiple winners a year

  • @thehazelnutspread
    @thehazelnutspread 10 месяцев назад

    Did he actually give any ADVICE???

  • @carlosalenduran4630
    @carlosalenduran4630 Год назад +1

    If I ever win the lottery or the Powerball and I know I'm going to because I can feel it I would not help anybody I'm sorry I need to help myself first cuz I've been through a lot of lot about times and none of my friends has been there for me and I asked him for help everybody just turned away so if I ever win and they will probably find out they'll come to me for help and I'm going to say no you did this in the past so I'm sorry but I will disappear I will buy me a nice house a new car and live life the way I want to leave it very responsible.

  • @cynthiajones4332
    @cynthiajones4332 Год назад +26

    Don't set your hope on the uncertainty of wealth, but on God, who richly provides us with all things to enjoy. 1 Timothy 6:17 For God so loved the world that He gave His son Jesus (unto death on the cross) that whoever believes in Him will not die but have eternal life. John 3:16