Shark Tanks Advice To Lottery Winners

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  • Опубліковано 16 вер 2024
  • 💰Play Any Lottery From Around The World Without Leaving Home 👉 bit.ly/USLottery
    Discover the unconventional wisdom of Shark Tank's Mark Cuban, Kevin O'Leary, and other investors tailored specifically for #lottery winners.
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КОМЕНТАРІ • 47

  • @DEHDON13
    @DEHDON13 6 місяців тому +31

    Not me. If I win the lottery I can guarentee that I never go broke. I'm not a big spender and I only buy what I need. I'll never tell anyone about my winnings.

  • @manikantasingha7489
    @manikantasingha7489 6 місяців тому +24

    God bless to all the lottery winners still now i'm also waiting to wins my biggest jackpot

  • @bernellshivers9005
    @bernellshivers9005 6 місяців тому +13

    I’m going to win the lottery jackpot

  • @themainscoop4678
    @themainscoop4678 6 місяців тому +15

    My first purchase will be a new house.

  • @ragnew7411
    @ragnew7411 6 місяців тому +10

    Lump sum, I'm 68 and don't know how long I have left

    • @strongfoot2009
      @strongfoot2009 Місяць тому

      Agreed!. Live today as if there will be no tomorrow.

  • @damn671
    @damn671 6 місяців тому +11

    If I win the lottery, I will donate everything to my family, friends and charities. I will build houses for the homeless and free veterinary service for animals. I will also donate to the local schools because our children is the future!
    Sike!!!! I ain't doin none dat.

    • @SpamMouse
      @SpamMouse 2 місяці тому +2

      If you choose to study the problem Homelessness has little to do with the lack of affordable housing and everything to do with addiction. 🥃💉💊

  • @Deathscroll41
    @Deathscroll41 6 місяців тому +6

    If you're over 40, take the lump sum😂!

    • @PureBusiness-ef7xu
      @PureBusiness-ef7xu 2 місяці тому

      If the winnings are less than $20 million take the lump sum. If your winnings are $20 million or more then you should take the annual payments.
      My idea is $1 million spread over 30 years is $33,333.33 a year and $19 million over 30 years is $633,333.33 a year. You still have to pay taxes on this money so you still have to work and you won’t have much money to invest with.

  • @samgee5908
    @samgee5908 6 місяців тому +4

    Invest 5mil in stocks to get 3k a month in dividends (sweet deal)

    • @edwing72
      @edwing72 6 місяців тому

      I think you can get more money for less.

  • @bfit4lifeinspirations828
    @bfit4lifeinspirations828 6 місяців тому +4

    I wish they would’ve dove deeper in lump some vs payment plan

  • @skywilliams323
    @skywilliams323 6 місяців тому +10

    First thing I going to do is keep my mouth shut about winning the mega millions jackpot because I live in a state where I can stay anonymous 😊.

  • @onlyfromadistance7326
    @onlyfromadistance7326 6 місяців тому +4

    Seems like it all depends on how much you get and how long you expect to live..

  • @Hondo0101
    @Hondo0101 6 місяців тому +3

    I wouldn't go broke.
    I would act very low key.
    I would buy a reliable car like a Toyota or Lexus.
    Buy a normal mid size house.
    A small condo by the beach.
    Give in the way of trust to family and friends. They would never know it comes from me.
    Then I would live on a small percent of the interest.
    Travel and enjoy good food without sticking out.

  • @alejandroburgos8211
    @alejandroburgos8211 6 місяців тому +3

    I don't even get closed, but still trying 😂

  • @ultrasavvy
    @ultrasavvy 4 місяці тому

    The smart thing is to take the annuity. You must know yourself and be honest about who you are with money and if you trust yourself with this money. If you never had this large amount and you will not spend like crazy then take the payments. If you can live off your salary before the lotto than you can live off the frequent payments. I understand if you are old and you want to have fun so you may take lump sum. but remember you can put both in a trust which will collect the money.

    • @SpamMouse
      @SpamMouse 2 місяці тому

      Take the lump sum and invest via one of the big private banks, you will out perform the annuity and not run out of funds if the state goes bankrupt.

  • @oldanogiovaretlatouche7472
    @oldanogiovaretlatouche7472 6 місяців тому +2

    In my case investing lotterry winnings is a must yousould notbecome generous and hire financial advisor trustworthy to help you manage your fortune

  • @rebradley4
    @rebradley4 5 місяців тому +1

    I'm giving $11M to my siblings and daughters. That's $44M of the top. I'm moving to a AirBNB and getting a burner phone. Only my lawyer and accountant get the number. Then I am going ghost. 🙂

  • @Masterpresident
    @Masterpresident 6 місяців тому +1

    Take about 200,000 for yourself put the rest in savings account and sit on it for the first year and carefully plan everything out

    • @loveconquersall419
      @loveconquersall419 6 місяців тому

      Thank you.

    • @garrysaunders4457
      @garrysaunders4457 4 місяці тому +1

      Your Bank only insures your A/C Up to $250,000 fyi

    • @SpamMouse
      @SpamMouse 2 місяці тому +1

      A very poor choice, study the subject.

    • @strongfoot2009
      @strongfoot2009 Місяць тому

      Good advice coming from a dog (pic)....Lol.

  • @tagopal5544
    @tagopal5544 6 місяців тому +2

    GOD BLESS YOU AMEN HALLELUJAH 🙏🏼

  • @tyheemthedream.
    @tyheemthedream. 15 днів тому

    When I win the lottery I will travel but before that I’ll have to make sure that I invest it in a smart way.

  • @iPrudentia
    @iPrudentia 6 місяців тому

    the lifetime gift tax amount for 2024 is $13.61M. Im not advocating for giving that much away but FYSA it isnt $5M

    • @slowcreep
      @slowcreep 5 місяців тому

      Yeah the IRS has tiers of gifting and the big amount is like a one time never again amount

  • @strongfoot2009
    @strongfoot2009 Місяць тому

    If I win millions of dollars in any lottery, I make sure every dollar will count as if I worked very hard for it. Financial security is heaven folks so spend wisely and no rush.

  • @user-uc9hp2bu1q
    @user-uc9hp2bu1q 26 днів тому

    Cool ! ❤let's do it ❤

  • @calvinthompson8661
    @calvinthompson8661 6 місяців тому

    I want to go broke. Tomorrow ain’t promised.

  • @elyyahelijah
    @elyyahelijah 3 місяці тому

    If I won 10 mill after taxes I would give away to close family and friends altogether 500 grand. No exceptions.

    • @SpamMouse
      @SpamMouse 2 місяці тому

      What makes you so sure your family etc will spend the money wisely and not blame you for any misfortune that occurs?

    • @strongfoot2009
      @strongfoot2009 Місяць тому

      @@SpamMouse :
      It is their business and let them do whatever they wnat to do with the money.

    • @SpamMouse
      @SpamMouse Місяць тому

      @@strongfoot2009 I agree, however if you follow the fortunes of those that lost their lottery winnings over a short space of time there is a common theme at play....💰💰💰

  • @BobbyArnold-mj3er
    @BobbyArnold-mj3er 6 місяців тому

    I won 3/18/2024 - Iam a MILLIONAIRE NOW BOBBY J ARNOLD 🎉