Powerball Jackpot: 'Sharks' Give Advice on What to Do If You Win

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  • Опубліковано 12 січ 2016
  • "Shark Tank" panelists Barbara Corcoran and Kevin O'Leary explain the best financial plans for future Powerball winners.

КОМЕНТАРІ • 761

  • @bigskyguys
    @bigskyguys 3 роки тому +582

    I learned more about finance in these 4 minutes than I did in 4 years of college.

    • @largol33t1
      @largol33t1 3 роки тому +36

      Colleges are a leftist joke these days.

    • @funjoy9059
      @funjoy9059 3 роки тому +16

      If you spent 4 years in college, and didn't know how to diversify your portfolio then you chose the wrong college

    • @subhadipghosh_02
      @subhadipghosh_02 3 роки тому +4

      1.6 billion winner get only 44 million??

    • @johnscott7018
      @johnscott7018 3 роки тому +3

      @@funjoy9059 you must've not heard kevin talking about diversifying

    • @rpap5322
      @rpap5322 3 роки тому +2

      And this knowledge did not cost you a dime....

  • @steveent5319
    @steveent5319 5 років тому +616

    Haha, I'd just keep calling the bank to hear my balance

    • @SidewayzX14
      @SidewayzX14 5 років тому +61

      And freak the fuck out if it said you had 100 bucks remaining hahaha

    • @gabriellariffas-williams4542
      @gabriellariffas-williams4542 5 років тому +3

      @@SidewayzX14 😄😄😄

    • @MsLacy707
      @MsLacy707 4 роки тому

      ☺️

    • @debrawilliams7983
      @debrawilliams7983 4 роки тому +4

      Steve Ent I look at my balance like that too. I worked my butt off for it!

    • @kunmwas9437
      @kunmwas9437 2 роки тому +3

      🤣🤣😂😂😂🤣🤣🤣😂😂😂

  • @JasielArredondo
    @JasielArredondo 8 років тому +843

    Watching this like if we're going to win. A man can dream

    • @dylleff
      @dylleff 6 років тому +44

      Jasiel Arredondo anything is possible.

    • @AnnaLexi
      @AnnaLexi 5 років тому +1

      *Lol right!! Watching this now!! Haha*

    • @tmp197
      @tmp197 5 років тому

      it's happening again

    • @tobalaz
      @tobalaz 5 років тому +15

      Sometimes a dream is all that you have to keep going through rough times.

    • @daniellamoreno3616
      @daniellamoreno3616 5 років тому

      Lol same.

  • @diamondparadise9178
    @diamondparadise9178 5 років тому +157

    I didn’t even buy one ticket and I’m watching this for the advice

    • @briannab5296
      @briannab5296 4 роки тому +8

      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.

    • @deniseadutwum3511
      @deniseadutwum3511 3 роки тому +2

      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

    • @ajledbetter2197
      @ajledbetter2197 2 роки тому +1

      You must be wealthy already.🤔💰

    • @miracleshappenseveryday7802
      @miracleshappenseveryday7802 2 роки тому +1

      🤣

    • @Msfili
      @Msfili Рік тому

      Me too lol

  • @FamBAMiLee
    @FamBAMiLee 5 років тому +155

    That's the nicest thing I'll ever hear Kevin say. Give to family once and never again! Wow, I'm shocked!

    • @debrawilliams7983
      @debrawilliams7983 4 роки тому +13

      FambamiLee I agree. You don't have to be the new family ATM!

    • @hothotheat3000
      @hothotheat3000 3 роки тому +16

      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.

    • @markjacob9590
      @markjacob9590 3 роки тому +13

      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..😳

  • @one007guy
    @one007guy Рік тому +54

    Kevin is super smart on this! Live off the interest, give to charities, and invest wisely!

    • @swingger9674
      @swingger9674 Рік тому +2

      Yea he is really smart, he thought a crypto pyramid scheme was a good investment. 😂

    • @joehiatt1992
      @joehiatt1992 Рік тому

      Charities go on vacations

    • @ChochiTo-dd7fd
      @ChochiTo-dd7fd 9 місяців тому

      I would not give money to charity, unless I made money in that move somehow.

    • @astropioneer3296
      @astropioneer3296 4 місяці тому +1

      Never touching your principal is sound advice. Wish I had done that!

  • @sittingindetroit9204
    @sittingindetroit9204 3 роки тому +148

    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.

  • @lisawoods2692
    @lisawoods2692 3 роки тому +38

    I am winning the Mega and Power ball jackpot lottery. I agree with both of you.

  • @chipblock2854
    @chipblock2854 4 роки тому +87

    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!

    • @ronibajralia7008
      @ronibajralia7008 2 роки тому +3

      I wish i had a little bit of that so i can invest in my company

    • @shandajburchstewart4291
      @shandajburchstewart4291 Рік тому +6

      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
      @ray_x6959 Рік тому

      @@shandajburchstewart4291 its not a miracle and anyone can win the lottery its actually very easy

    • @shandajburchstewart4291
      @shandajburchstewart4291 Рік тому

      @@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

    • @ray_x6959
      @ray_x6959 Рік тому

      @@mrjezus642 you came to the right Perosn its like the universe put me to help you

  • @milvache
    @milvache 6 років тому +214

    Kevin O'Leary gives good advice

    • @Fa_Q2483
      @Fa_Q2483 4 роки тому +22

      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 !

    • @docholiday6421
      @docholiday6421 4 роки тому +4

      Yeah give it to him .greedy fool 👹👹

    • @DynamicGracer
      @DynamicGracer 4 роки тому +5

      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.

    • @DynamicGracer
      @DynamicGracer 4 роки тому +2

      @@imanonattorneyspokesperson5568 Lol I am sorry if that was the message you got from my comment
      All I meant was that their advice was terrible, and for obvious reasons that people don't obviously get
      Was your idea to put it all into U.S. bonds?

    • @Big-Government-Is-The-Problem
      @Big-Government-Is-The-Problem 4 роки тому +4

      @@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.

  • @KeithsTVHD1
    @KeithsTVHD1 4 роки тому +330

    I'd rather have the problems of a rich person than the problems that I have now.

  • @davidhill2020
    @davidhill2020 2 роки тому +31

    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!

    • @nello8630
      @nello8630 2 роки тому +5

      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.

  • @ericburns5359
    @ericburns5359 4 роки тому +25

    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.

    • @dmgo
      @dmgo Рік тому +2

      You seem like a smart man :)

    • @vxy357
      @vxy357 Рік тому

      Eric burns Why should you hire a lawyer?

  • @will111466
    @will111466 4 роки тому +86

    Never put that much money in a checking ACCOUNT! That's nutts!

    • @es5398
      @es5398 4 роки тому +3

      Why? Can you explain?

    • @tayloremriectx
      @tayloremriectx 3 роки тому +24

      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.

    • @Elizabeth-uj8vn
      @Elizabeth-uj8vn 3 роки тому +14

      She said long enough to just breath.. then make decisions

    • @msjay025
      @msjay025 3 роки тому +11

      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.

    • @icon280
      @icon280 3 роки тому +7

      Where are you going to put it? Under your mattress?

  • @jaketyler7088
    @jaketyler7088 4 роки тому +44

    3:39 that accountant idea is pretty smart

    • @user-pw4mi8fz4c
      @user-pw4mi8fz4c 3 місяці тому

      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

  • @AlvaSudden
    @AlvaSudden 3 роки тому +64

    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.

    • @Mini_logo
      @Mini_logo Рік тому +6

      Very true

    • @hortonsstuff6948
      @hortonsstuff6948 Рік тому +4

      Invest in AAA companies

    • @411sponge72
      @411sponge72 Рік тому

      Thank you! I was thinking the same thing! 4% a month lol

    • @richardlug6139
      @richardlug6139 Рік тому +1

      @@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.

    • @411sponge72
      @411sponge72 Рік тому

      @@richardlug6139 I agree

  • @bishop5400
    @bishop5400 3 роки тому +14

    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.

  • @scottkremers9305
    @scottkremers9305 3 роки тому +50

    *And here I am putting water in an empty shampoo bottle to try to make it last longer.* ...

  • @dalbriggss
    @dalbriggss 4 роки тому +31

    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.

    • @jamesh8862
      @jamesh8862 4 роки тому +7

      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.

    • @ededdneddy988
      @ededdneddy988 3 роки тому +9

      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

    • @ayokunleonayemi5323
      @ayokunleonayemi5323 3 роки тому +10

      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!!

    • @nello8630
      @nello8630 2 роки тому +1

      Especially in the age of social media, even if you don't win anything.

    • @Greatboldness
      @Greatboldness Рік тому +1

      @@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.

  • @MrShuntking
    @MrShuntking 3 роки тому +61

    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?

    • @1daniellaz
      @1daniellaz 3 роки тому +5

      I would do exactly the same honestly! Amen!

    • @deadfarang
      @deadfarang 2 роки тому +5

      I like your way of thinking 🤔

    • @AlvaSudden
      @AlvaSudden 2 роки тому +1

      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.

  • @greenmidas981
    @greenmidas981 3 роки тому +23

    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

  • @batteryincorporated
    @batteryincorporated 4 роки тому +40

    Somebody needs to turn down the studiolights on Barbara's side...

    • @ceehawkins5041
      @ceehawkins5041 3 роки тому +6

      Right, they got Barbara looking like she processing data.. Lol

  • @SA-xf1eb
    @SA-xf1eb 3 роки тому +19

    Some the best advice I've ever heard.

  • @karellt2355
    @karellt2355 4 роки тому +20

    I LOVE Barbara. Down 2 earth yet SMART!!

  • @user-py8xw5bk1s
    @user-py8xw5bk1s 6 років тому +9

    Great advice from both

  • @dagestanifive
    @dagestanifive 3 роки тому +11

    I'm still waiting to use this advice.

  • @ZiggyLu-og3zp
    @ZiggyLu-og3zp 4 роки тому +68

    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.

    • @zandyman1
      @zandyman1 3 роки тому +14

      sue you for what?

    • @lesliehernandez3519
      @lesliehernandez3519 2 роки тому +7

      @@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 🏝️ 🤣

    • @michaelargenta3856
      @michaelargenta3856 Рік тому +4

      @@zandyman1 anything

    • @Norg1
      @Norg1 Рік тому +1

      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

  • @tealvampyre
    @tealvampyre 3 роки тому +23

    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.

    • @jgallaway
      @jgallaway 3 роки тому

      And spoiled

    • @ray_x6959
      @ray_x6959 Рік тому

      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

    • @ray_x6959
      @ray_x6959 Рік тому

      you got to see your self winning the lottery

  • @10ashagirl
    @10ashagirl 6 років тому +7

    Excellent advice!!!

  • @karenkertley4024
    @karenkertley4024 3 роки тому +8

    Good advise from both of them.

  • @danielrebecca9049
    @danielrebecca9049 5 років тому +7

    What are triple A credits

  • @r.b.somers2052
    @r.b.somers2052 2 роки тому +4

    Great advice. Thanks!

  • @divinejustice8750
    @divinejustice8750 3 роки тому +6

    Great advice!

  • @battle-techs
    @battle-techs 4 роки тому +3

    Great advice!!!!

  • @kanykabeya6856
    @kanykabeya6856 7 років тому +66

    I would move change my phone number

  • @caroleastmond9064
    @caroleastmond9064 Рік тому +2

    They are wonderful!!
    Shark Tank, is a wonderful show, they always give great advice, they all are just wonderful!!!❤️🎉🎉🎉🎉🎉

  • @Sunset309
    @Sunset309 6 років тому

    The first few seconds tell the story..... Good morning is a must

  • @erica2002us
    @erica2002us 2 роки тому +6

    Kevin O’Leary is hired as my financial advisor!!

  • @user-nl2fx2rd1e
    @user-nl2fx2rd1e 8 місяців тому

    How do you know if you have won the power all and how you get your money

  • @jameseaton28
    @jameseaton28 3 роки тому

    Superb advice from Kevin O'Leary..

  • @kanykabeya6856
    @kanykabeya6856 7 років тому +27

    I totally agree with kevin more but Barbra is correct as well

    • @DynamicGracer
      @DynamicGracer 4 роки тому +1

      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

    • @chiragpatel849
      @chiragpatel849 2 роки тому

      @@DynamicGracer exactly smartest thing you can do is invest it in equities, bitcoin, real estate, and commodities

  • @user-nl2fx2rd1e
    @user-nl2fx2rd1e 8 місяців тому

    How do you know if you won the powerball and how you get your money if u do happen to win

  • @rodneyroque4129
    @rodneyroque4129 3 роки тому +19

    I’d use the winnings to pay off my student loans...use whatever’s left to buy a cheeseburger

    • @person7255
      @person7255 3 роки тому +1

      what a cheap cheeseburger

  • @debrawilliams7983
    @debrawilliams7983 3 роки тому +16

    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.

  • @TxscratchoffWinner
    @TxscratchoffWinner 3 роки тому +5

    Love a video like this!

  • @terrysarjoo4642
    @terrysarjoo4642 4 роки тому +6

    Barbara represents real estate, a good hint.

  • @nunyabizz7345
    @nunyabizz7345 Рік тому

    Thank you Kevin and Barbara

  • @GtBeatz508
    @GtBeatz508 5 років тому +25

    Funny how it was 1.6 billion 2 years ago now look its 1.6 billion now....feels like deja vu

    • @Joshua79C
      @Joshua79C 5 років тому +3

      Powerball (1.586 billion) is still more than Mega Millions (1.537 billion) despite both were advertised at 1.6B.

    • @robertwilliams5618
      @robertwilliams5618 5 років тому

      @@Joshua79C and once you take lump sum and taxes out they're both under 500

    • @nicolephillips4157
      @nicolephillips4157 2 роки тому +2

      @@robertwilliams5618 well 500mi is better then nothing

  • @TheTraveler2222
    @TheTraveler2222 7 місяців тому +3

    Kevin misspoke, it has to be 4% PER YEAR not "a month" because that would be 48% return a year!

  • @bounnongkhoukone8405
    @bounnongkhoukone8405 4 роки тому +3

    THAT'S 👍 GOOD ADVICE#

  • @rockrocktheragnorok9184
    @rockrocktheragnorok9184 7 років тому +123

    0:57 Barbara stop flirting with me!!!!

  • @darienbrewer8317
    @darienbrewer8317 Рік тому

    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!

    • @toddinthemiddle
      @toddinthemiddle 9 місяців тому

      look into CDAR banking. up to $50M in deposits is FDIC insured.

  • @jerushadowdy7094
    @jerushadowdy7094 Рік тому +1

    Barbra advise on family asking for money was very wise!

  • @jabe1489
    @jabe1489 Рік тому

    Can someone explain what kevin said about investing in 3 or four financial institutions like AAA.

  • @shanilmaharaj4572
    @shanilmaharaj4572 Рік тому

    Very wise words thanks for the advice

  • @MsClaudiaDuran
    @MsClaudiaDuran 3 роки тому +7

    Step 1: Keep your mouth shut.
    Step 2: Retain council.
    Step 3: Establish a trust.

  • @g-bgcg
    @g-bgcg 4 роки тому +10

    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.

  • @Jux1401
    @Jux1401 2 роки тому +6

    They say money cant buy happiness but id rather be miserable in my own house then my moms basement.

  • @khandibaugh23
    @khandibaugh23 3 роки тому +2

    I agree with Kevin

  • @cagonzal13
    @cagonzal13 5 років тому +3

    Kevin is a smart guy

  • @everythinga.p.b.t.bullies450
    @everythinga.p.b.t.bullies450 2 роки тому +2

    Thanks again 888

  • @tonypezzo
    @tonypezzo 5 років тому +17

    Hey, thanks for having me, I’m Barbara and for that reason I’m out.

    • @hasriosnmohajssad665
      @hasriosnmohajssad665 3 роки тому

      SSD Chemical Solution Activation Mercury Whatsapp: +8801756140888 Our offices at Bangladesh,Dubai,India,Whatsapp: +919460172542 Pakistan Office World Wide

    • @hasriosnmohajssad665
      @hasriosnmohajssad665 3 роки тому

      SSD Chemical Solution Activation Mercury Whatsapp: +8801756140888 Our offices at Bangladesh,Dubai,India,Whatsapp: +919460172542 Pakistan Office World Wide

  • @thekingsdaughter5510
    @thekingsdaughter5510 3 роки тому +4

    I'm blessed💝

  • @Native722
    @Native722 Рік тому +3

    I like Kevins advice

  • @wardatkins1320
    @wardatkins1320 Рік тому

    I hope I get to use that advice one day

  • @paulbrungardt9823
    @paulbrungardt9823 Рік тому +3

    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."

  • @jojox6145
    @jojox6145 Рік тому

    Best news I’ve watched in a while

  • @bankspeete1057
    @bankspeete1057 4 роки тому +5

    What bonds are netting 4% per month? That seems pretty high

    • @farshid71
      @farshid71 4 роки тому

      They can if you have that amount, believe me the bank wants your business when you have over $100 million

    • @andrewwall9708
      @andrewwall9708 4 роки тому +3

      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.

    • @bankspeete1057
      @bankspeete1057 4 роки тому

      @@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)

    • @andrewwall9708
      @andrewwall9708 4 роки тому +3

      @@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.

  • @specialperson3130
    @specialperson3130 5 років тому +1

    More pls

  • @frankmontez6853
    @frankmontez6853 5 років тому

    Hmm there's after lotto website and it calculates your lump sum payout vs your annuity payments after taxes and it says much more than 400 million

  • @calvin1786
    @calvin1786 Рік тому +1

    Why is this on 1 trending and say it has a video length of 46 seconds I'm so confused

  • @yepme6484
    @yepme6484 4 роки тому +3

    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.

  • @larsahebe2614
    @larsahebe2614 Рік тому

    What did he mean by 3 AAA credits? How does that work? Please

  • @johnnypruitt2305
    @johnnypruitt2305 5 років тому +13

    Its your money do what the hell you want to with it

  • @tutsecret499
    @tutsecret499 5 років тому +53

    Move to another country and live like a king.

    • @lisathompson8540
      @lisathompson8540 5 років тому +2

      Same here 💯💯💯💯💯💯☝☝☝☝

    • @FJF119
      @FJF119 4 роки тому +9

      Renounce US citizenship and live in Monaco ; which has no income tax

    • @hothotheat3000
      @hothotheat3000 3 роки тому +3

      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.

    • @abdicolestudios8899
      @abdicolestudios8899 3 роки тому +2

      @@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

    • @hothotheat3000
      @hothotheat3000 3 роки тому

      @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.

  • @Phenomenal8448
    @Phenomenal8448 4 роки тому +32

    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

    • @debrawilliams7983
      @debrawilliams7983 4 роки тому +8

      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

    • @uniquetq4716
      @uniquetq4716 4 роки тому +8

      Some states you can’t remain anonymous. You have to publicly release your identity

    • @twincitydezray
      @twincitydezray 4 роки тому +2

      @@uniquetq4716 Texas where I'm at you can in some cases

    • @sabrinawhite7185
      @sabrinawhite7185 2 роки тому

      @@uniquetq4716 wear a mask and no one will see your face when you get to the lottery office.

  • @JoseMendoza-qd5po
    @JoseMendoza-qd5po 6 років тому +61

    barbra is awsome but she was tweaking 😂😂

    • @johnsonrasmussen6162
      @johnsonrasmussen6162 3 роки тому

      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.

    • @ronnieking3848
      @ronnieking3848 3 роки тому +6

      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.

    • @shandajburchstewart4291
      @shandajburchstewart4291 Рік тому

      Yep she was but it may be the face lift is having complications..wtf

    • @riverjordan2725
      @riverjordan2725 Рік тому

      I noticed she looked off too, but I thought she may have had the lights shining to brightly in her eyes or something.

  • @benjiarehart2878
    @benjiarehart2878 4 роки тому +6

    First thing I'd do is hire Kevin O'Leary.

  • @patriotmadness6231
    @patriotmadness6231 Рік тому

    Thank you

  • @brendaross7955
    @brendaross7955 Рік тому

    Good advice

  • @jimstein3083
    @jimstein3083 4 роки тому +13

    I would disappear like a fart in the wind. People would say what happened to Jim?

    • @hothotheat3000
      @hothotheat3000 3 роки тому +2

      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.

    • @Elizabeth-uj8vn
      @Elizabeth-uj8vn 3 роки тому +1

      😂😂

  • @NitayNostrasifu
    @NitayNostrasifu 4 роки тому

    Which bonds Pay out 4% a month

  • @kevingbergiste7372
    @kevingbergiste7372 8 місяців тому

    I like how Kevin says “million”

  • @ma190
    @ma190 2 роки тому +3

    @2:11 he meant 4% a year, not a month.

  • @SharlenesJourney
    @SharlenesJourney 6 років тому +4

    These comments so funny 😂 Barbara eyes

  • @SunsetDreamms
    @SunsetDreamms Рік тому +1

    I'll remember this advice for when I win.

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    Love and blessings 💟

  • @MrTRONSTAR
    @MrTRONSTAR 7 років тому +1

    what about Commercial real estate is it that a beautiful investment??

  • @ryantfinchum
    @ryantfinchum 5 років тому +8

    4% per month?! Sign me up!

  • @wakeup7874
    @wakeup7874 Рік тому

    Which Bond to buy??? He didn’t specify:
    There are five main types of bonds: Treasury, savings, agency, municipal, and corporate. Each type o

  • @plaguex1
    @plaguex1 5 років тому +10

    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.

  • @pgplaysvidya
    @pgplaysvidya 4 роки тому +4

    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

    • @nyat5413
      @nyat5413 3 роки тому +1

      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.

  • @jethead
    @jethead 3 роки тому +5

    Kevin! Never spend a penny of the principal. Live on the interest.

  • @AiyanaTheStar
    @AiyanaTheStar 2 роки тому +1

    Cant believe this information is free🤯

  • @Lobsterman5481
    @Lobsterman5481 9 місяців тому

    how do I avoid paying taxes?

  • @LivPoxleitner
    @LivPoxleitner 4 роки тому +1

    whats a goverment bond?

    • @DaddyAZTL
      @DaddyAZTL 4 роки тому +1

      ur giving the gov a loan

  • @calbob750
    @calbob750 Рік тому +2

    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.

  • @whyjustwhy2168
    @whyjustwhy2168 5 років тому +36

    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

    • @bernadettebailey5370
      @bernadettebailey5370 5 років тому +4

      Big companies will rob you faster than you can blink!

    • @LifeOdysseyMotivation
      @LifeOdysseyMotivation 5 років тому +2

      @@bernadettebailey5370 HOW?

    • @briannab5296
      @briannab5296 4 роки тому

      What on earth are "triple A credits corporations"?

    • @DynamicGracer
      @DynamicGracer 4 роки тому +4

      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.

    • @22espec
      @22espec 4 роки тому

      There is nothins sure in this life. The best advice is to divercify, afer paying all your debts, don't rush.

  • @kayzeaza
    @kayzeaza 3 роки тому +1

    The sharks have always given some sound advice.

  • @hotvegas2498
    @hotvegas2498 Рік тому +1

    These 2 are so funny but they both gave good advice.