The Dumbest Lottery Winners Ever!
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- Опубліковано 15 чер 2024
- Wonder who the dumbest lottery winners are? Learn all about the most fortunate people in the world and how they squandered away the millions of dollars they won!
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6- Abraham Shakespeare
The fact that someone with the last name Shakespeare would live a modern day tragedy, is perhaps, one of the best ironies imaginable, however unfortunate. Unlike the more famous Shakespeare, Abraham was toiling as a truck driver’s assistant. But when he won a THIRTY MILLION DOLLAR Florida jackpot in 2006, his life actually got even worse.
Rather than doing the math and deep diving into discounted cash flows, Shakespeare decided he was smart and could beat the guaranteed rate presented to him and instead opted for a lump sum of $16.9 million, significantly less than the $30 million annuity he was entitled to. Never mind the fact that he’s a truck driver and if he was actually good at finance he’d be in the industry. ANYWAYS, after buying a Rolex and making major mistake #1 with $1 million home, Shakespeare didn’t seem to go on any drug binges, or spending sprees. But like many before him, he had tons of people coming around asking for money.
In particular, he started a business with a woman named Dee Dee Morgan called Abraham Shakespeare LLC, with the goal of writing his life story...or something vague like that. Just a tip guys, you have to have accomplished something in life to sell an interesting story. Not just win the lottery.
What ended up happening was that Moore took full control of the firm’s money, withdrawing $1 million from the bank, buying cars and may have even managed to buy Shakespeare’s home for something like $665,000...which is less than he paid for it. A later investigation suggested she didn’t even pay anything for the house...which is way more of a ripoff! Oh yeah, tip #2. Never ever ever ever let someone else control your actual money! I don’t care if it’s your wife or husband. Unsecured liabilities, such as a company credit card with a fixed limit? Sure. But not your actual cash money.
By April of 2009 he went missing, with his friends and family unable to find any trace of him. Investigators were soon able to locate him at one of Moore’s homes...sadly he was bread and buried under a concrete slab. Moore was arrested and charged with the killing, though she offered up a few different defenses. It was drug dealers...no wait she killed him in self defense. She even went so far as to blame her 14-year old son. Investigators didn’t buy any of that, and she was charged with the crime. She’s currently serving a life sentence.
His story was featured on E!’s “The Curse of the Lottery” as well as an episode of American Greed. In the end, Abraham Shakespeare will be a tragedy that will hopefully serve as a cautionary tale for those who happen upon a great fortune in the future.
5 - Vivian Nicholson
In 1961, a British woman named Vivian Nicholson was given the opportunity of a lifetime. Her husband Keith managed to win more than 3.5 million pounds, a pretty big amount back then factoring in inflation. Her husband won the money off football pools….pretty much another popular form of gambling. She told the press that her plans were to “spend spend spend.” And she wasn’t kidding.
For the next few years she bought all kinds of stuff. Expensive cars, fur coats, lavish vacations, a huge ranch style home and a spectacular lifestyle that quickly caused their fortune to dwindle. When Keith flied in car crash in 1965 she was left with an enormous tax bill. On the top of that, the banks determined that what remained of Keith’s winnings belonged to his estate. Not Viv! She ended up bankrupt.
Why is Abraham Shakespeare on this list? He was targeted and killed by a predator who wanted his money. I read a story about him years ago that described him as kind, giving, and maybe a little developmentally challenged. He felt overwhelmed after winning the lottery, and THAT is why he turned to that con artist who eventually took his life.
Abraham appeared to be a kind soul living in a sea of sharks, and his story is heartbreaking. Just by how his story is presented alone, I can tell due diligence was not implemented here.
Furthermore, crapping on someone who decided to live an honest life as a truck driver is utterly distasteful. I have an advanced degree in biomedicine, and I am also a physician in training. During my first two years of medical school, a CLEANING LADY ended up being someone I leaned on when I felt stressed. What if I had an attitude that as a future physician, I shouldn't waste my time listening to janitors? I would have missed out on getting to know a wonderful person. Simply because people don't have accomplishments that our society deems noteworthy, that does not mean that they cannot teach us anything of value.
Thank you for speaking up!! How dare this guy disparage someone who I have only ever heard described as caring good person! What happened to him was a tragedy that he couldn’t have seen coming. As far as him talking down on truck drivers ect….My favorite story is of a college professor who gave his class a final with one question worth 50% of their grade….”What is the Janitor’s name?” Only a few passed. My grandpa was a research physicist and I never once heard him talk down to anyone. Iam lucky to have had that influence in my life and I have talked to and met some amazing individuals!❤️
Glad u posted that comment. I was basically about to post the same thing.
Yea forreal, like a guy making UA-cam videos has a lot to say about life accomplishments.
Exactly. The script writer for this channel is a total P.O.S, for real
well this is the list of dumbest lottery winners..and sorry but abraham good or not was dumb trusting a complete stranger taking over his finances which eventually lead him being killed by same crazy woman. andrew whittaker was also a good guy like abraham...but made serious dumb decisions which lead then to tragedy...i see this is old video since his daughter died too and his wife divorced him soon after their grand daughters death.
*My old boss (a billionaire businessman) had a great phrase... **_"Money can't buy you happiness... but at least it allows you to be miserable in comfort!"_** Great guy.*
Was it Donald Trump?
Trump seems pretty happy.
President of the United states,
Billionaire
Married to a beautiful wife and has plenty of kids.
@@BoleDaPole he's happy he dodged the draft 5 times for 'foot spurs' (yet played sports in college), he's happy his '3RD' wife hasn't left him, perhaps scared of deportation, he's happy as long as you go along with whatever it is he's trying to pull off..his 'presidential' administration is a joke, a revolving door due to his adolescence insecurities...as far as him being a billionaire, WHO KNOWS? he's scared to release his tax returns..yeah he's no doubt one now since there's no telling how much tax paying dollars have been funneled into his family businesses.
jameskerry41 ...keep watching CNN and continue being brainwashed.
@@harrisonkey698 No, I said he was a great guy!
First guy,Abraham,was just taken advantage of,and ended up dead because of those money.
If anything his story is just plain sad.
abraham proof just another dumb you know what got a cadalack some dope & the end
Abraham got killed I’m confused how he’s dumb? He won not the woman.
Yeah you have a point
What would you guys do if you won the lottery? I would give it to my dad and invest the rest of it
He gave the woman full power of his money. If she had no power, killing him would not grant her a penny
you're not wrong though. He is a victim and nobody expects to be murdered if they have a business partner handling money, but he wasn't smart either
He’s dumb because he trusted someone he did not know and gave them power of control of his life... Forget that trusting person BS. THATS PRETTY F*KN DUMB!!!
@@uknowitboy4929 same
Abraham was killed, which was sad. He trusted people, but calling him dumb says more about you.
JohnsRadios he was dumb for trusting people. I help people all the time, but I don't trust them for shit
Bender B Rodriguez so that makes him dumb? so i cant trust my wife? you sound stupid af. he was "murder", for his money. people get robbed all the time and also get killed. he thought he could trust her. stfu
Bender B Rodriguez If you'd do your research, Shakespeare was mentally slow. He was scammed by a white woman that knew that. She not only scammed him out of his money, but killed him, lied to his mother repeatedly. Buried his body in a plot of cement. No her dumb a$$ is rotting in jail. The dumb b*tch even had the nerve to try and sell some of the property she scammed him out of to pay for her legal fees. Yes, Shakespeare was a easily trusting person with a good heart. He just ran into the "Devil" along his path. I feel bad for his mother, child and his ex-fiance whom were left with nothing after her trial.
TheFluffycat5 *Dance with The Devil*
His stupidity led to his death, genius.
Rule 1: You don't tell anybody about your lottery win.
Rule 2: You don't tell anyone about your lottery win.
Absolutely Top Notch unfortunately most states require it to be public notice
Dj Etha that's fucked up if you win you should choice to be public or not
Absolutely Top Notch, but um, what about the other spouse when the winner conveniently divorces and tries to leave town with the money? Some got caught and lost ALL of the money in the settlement.
Dj Etha damn that sucks.
Absolutely Top Notch they can see if on tv
RIP Abraham, from his actions seems like a genuine good guy who wasn't ready for the pure evil money brings out in people.
He was abs the person who made this video is an a$$hole if he actually knew his story. That man had a heart of gold and a $hit person took advantage of it. Why he thought his story was worthy of his lack of journalism skill is beyond me.
@@SmokeJuly totally agree
He had a slaves name
@@SmokeJuly www
Exactly
If I won the lottery, 1. I would not tell ANYONE 2. Cash it in as soon as possible but stay anonymous 3. Build my own house 4. Live my life as if Nothing happened.
These are really the steps anytime we get a lot of money we're not used to
If i won the lottery,
1. I will sealed my mouth
2. Cash in my half the money in the bank
3. Another half in a safe
4. Buy a property in a prime area
5. Rent it out for passive incomes
6. Use the passive income as my spending money
7. Focus on what you are passionate in.
(Without a need to forking out tons of money.)
smart guy
Have anyone ever noticed that when someone wins the lottery, the people around the winner is more excited than the actual winner?
a acquaintance of mine won 5 million promised all his friends something then he fell of the face of the earth the cheap bastard
@@briannotafan3368 😂😂😂
No They Steal!!
@@briannotafan3368 he won 5 million with taxes it's like close to 50pct taxes so 2.5 million buy a house 250k in full so 2.25 million left and try make it last 30 years so its 75k a year to live on and its probably less then that
You shouldn't be claiming others are unintelligent when you can't point out West Virginia on a map. You highlighted Virginia, not West Virginia.
MyTeamsBettah "OoOOOoooOhh!" - young m.a. voice
Kwaam Maawk just stop ✋😔😔
*golf clap*
exactly
saw that too
Money may not always buy happiness but, if you're smart with it and keep it to yourself, it sure as hell doesn't buy sadness.
Smh
ua-cam.com/video/1OapnY9APJ0/v-deo.html
The Lord on high is mighty. Mightier than the pounding waves of the seas.
Jesus Christ is Lord.
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Point
I love when people say “West Virginia”, but highlight Virginia whilst making fun of people being dumb.
Lol I saw that too
ua-cam.com/video/1OapnY9APJ0/v-deo.html
The Lord on high is mighty. Mightier than the pounding waves of the seas.
Jesus Christ is Lord.
😄🏅🎶🇬🇧🎸🍒🎖️
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It’s interesting that this article is about “dumb” lottery winners, yet the map used for Andrew Jackson’s segment misidentifies West Virginia...
I agree, hard for him to talk shit when he doesn't understand basic U.S. Geography.
Right? Was scrolling through comments to make sure I wasn't the only one to realize. I didn't even graduate high school, come onnnnn. Lol.
He is a millennial...just what do you expect?
@@mrzoltanonwinter2218 I'm technically a zoomer ('96) and I scrolled down immediately after seeing the picture to find this comment. Regardless, being able to identify states on a map of the U.S. doesn't hold much value. Still a retarded mistake, though.
This is crazy! 5 wins of $5000 or more over the last 3 months! *4WinLottery. Com* I never thought there would truly be a way to win the lottery consistently, but I was definitely proven wrong by your insanely accurate formula. You have given me the financial freedom I needed to peruse the hobby of my dreams. I also don’t have to worry about money again! By the way, I am attaching a picture of me holding a check from my most recent win so you can see proof of my success!?
Moral of story: it doesn't matter how much money u got its how good u manage your money
Gotta keep what you earn
NAILED IT!!
It really sucks, when somebody wins a lottery, can't stay anonymous. have to claim it on TV and for the world to see, nowhere comes the relatives and so-called friends with their hands out, gimme gimme ...lolol
716Tree Money is Relative. More money, more relatives.
Nah it all about the money!!!!
Most lottery winners get too cocky and like to showoff their money. And when they do that, fake friends and family start showing up in their faces to reel money from them. What's sad is when they go broke, their so call friends and family don't bother to show up or help when they're in need.
They turn them into CASH. COW. PARTY
Yes
Idk about Vivian Nicholson, sounds like she lived a fast-paced and exciting life, especially going on to do stuff after her bankruptcy
If your homeless and you win 10 million buy a home regular home not a mansion in nice area dump your gf stay single pretend your still poor take your monet no lum som every year pay taxes get a regular truck a sports car and suv look for a job cook at home stay sober
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The Lord on high is mighty. Mightier than the pounding waves of the seas.
Jesus Christ is Lord.
😄🏅🎶🇬🇧🎸🍒🎖️
Worship song, Andy Lumeh ministries evangelist singer songwriter producer 🍒🍒🎸 Hi friends, peace to you. We invite you to worship Lord Jesus Christ with us. 🎶
And share our worship music video. Tell your friends to subscribe band share and like. 🎶🎸🍒🎖️
We need one million views and subscribers to this video now.🌹🏆🎸🍒🎖️
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my view is, if you didn't want anything to do with me when I was poor, then you sure as hell are not getting any money while I'm rich.
👏👏👏👏👏preach
Amen
When I was homeless in Chicago, nobody wanted anything to do with me, nobody would help me,mind u I came from a family with money.....then I moved to Hawaii......I was at the aloha fest and my pic ended up in the papers....yep....my family saw it,took it for granted that I had money,and hired a P.I to look for me....he found me....I'm a caregiver working 50 hours a week.....I told him what happened and how my family treated me and turned on me...that made him sad....so he called and told them I married a wealthy man,and didn't want anything to do with them,then took pics of me by someone's rolls royce and a mansion,and sent it to them....my family spent YEARS trying to reconnect with me
Linda Moore 🤭That’s very sad. Your own blood. Wow. I hope the best for you Ms. Moore.💜
demonpride1975 AMEN!!!
Abraham Shakespeare didn’t waste his money! He was actually a good person. To called him dumb is really disrespectful.
ASAP JOEtv Agreed. He is the only one that should not be on the list.
How is he not dumb leaving 500k in a car at a strip club no less at night
He's dumb because he let someone control his money so yea dumb
He didn't manage his money properly. Never trust anyone
Gearswitch819 You need to pay attention, this isn’t the same person, Abraham is not the person that did I that, he never went to a strip club! You remind of my boss, blah, blah, blah never listening, making crap up, lying, mixing stories together! Not paying attention to what’s being said!
Re: Abraham Shakespeare, aside from the cringy disrespectfulness of the dead, the narrator clown makes it sound as if a multimillionaire buying a $1M house is "stupid". A house is an investment in most cases, so it's rather "dumb" to suggest otherwise. Even if he had bought a $5M house, one could easily argue that would've been a smart decision given the fact that it's a liquid asset with growth potential. Folks invest in real estate as a living.
Taxes you dumbass
Steven Crow if you want to make a lame attempt at insulting me, you have to try harder than pointlessly saying “taxes you dumbass”. What point are you trying to make, specific to my comment? If your point is that tax payments are required on a house, then no shit Sherlock. Taxes are a part of life. Try again.
@@kevinb6745 lol still a dumbass if you can't figure it out
Katerina Holst Actually, a house that is fully paid off (i.e. no outstanding mortgage) CAN be liquidated via a simple arm’s length transaction.
Steven Crow you continue to exemplify precisely what a “dumbass” is by continuing to make dumb a** remarks without substance. Keep being a fool!
You don't own money, its just your turn with it
~Jeremy
That’s just dumb
#6 he wasn't dumb he was just trustworthy and he paid the price with his life.
Being trustworthy is dumb. I trust no one, even my mom and sister who would blow through the winnings like these people. Humans are inherently evil and are not to be trusted.
Unfortunately, being too trustworthy is not a good idea.
Yeah so true, he was probably a very intelligent man just very humble and too giving. Reminded me of the story of Bob Marley when people would que up outside his house for money and he would hand them money, because he had a kind heart but also was a very wise man..he didn't view Money as wealth
Exactly
“Trustworthy” is not the right word; “trusting” is what you meant to say. The former means that one is deserving of another’s trust, the latter would suggest a tendency to misplace one’s trust.
Abraham Shakespeare is actually sad
No he's dead and that is sad.
I would most definitely take the cash payout. Sure it's a lot less money, but it's also a whole lot more money than you will ever have, and at least you actually have the money, instead of worrying if you're ever going to get the rest of it in the first place. You can't trust anyone. I would even split the money and put it into two different financial institutions. Then I would "hide" from the crowd, and live modestly for a year and adjust to being rich, and watch to see what happens around you. Also realize that people you have associated with will turn evil on you. Getting a whole lot of money, isn't a "fun" thing. It's serious business.
Abraham wasn't dumb he had a good heart .I wish he wasn't so trust worthy but the world needs more good ❤️ ppl minus being scammed
Kind of a misjudgment for calling Abraham "dumb" he just was too human...his kindness was used as a weakness.
Common sense is a flower that does not grow in everybody's garden.
Weeds shows a lack of common sense, it shows the owners aren't responsible enough to let the flowers grow
How do you pronounce your first and last name.having common sense and all the sense in the world i still dont think i could pronounce your name right
Are you a gardener?
True that
Like not
I was surprised that David Lee Edwards wasn't in the top 6 list.
He won a $27 million dollar lottery jackpot in 2001, and blew the whole lot 5 years later.
$12 million of the $27 million dollar windfall was squandered in the first year alone, and as for spending nearly $2 million dollars on a private jet reeks of unbelievable stupidity, as it costs about $20 million dollars a year in insurance and upkeep
One problem with winning millions is your kids no longer want to work.
A good way to solve that is tell them that whatever they earn per year... you will match it
Please God, let me prove that money won't change me.
chandler bing bong we both
LMFAOOOOO!😭😭😭😭😭
Amen.
Rascal! 😂👍
Ask for money first.
The biggest mistake people make with money is not understanding the difference between assets and liabilities.
My father use to say, money and fools are easily separated. What I do find funny is that is when the video talks about Whittaker and the map refers to his charitable work in West Virginia, the map highlight the wrong state (they show next door-Virginia). Perhaps Whittaker should of donated to geography classes.
How many financial "advisors" blow client's money only to get their commission? Many.
If I won 30,000,000$ I would buy 10,000 acres of land in Alaska, Buy a big Log cabin, off the grid, and goodbye society
Patrick Patterson, isolated island for me... fuck you world 😂
I wanna go!!!
fuck Alaska, I'm from there. It's shit.
Patrick Patterson true but I’ll buy me an island and a badass yacht that I can go to and sleep and chill there I mean fuck it
Alaric Hartsock yeah but even the biggest lotto winners would have a hard time owning a yatch, even small ones are money pits for billionaires.
if I won the lottery I'd move far away and not tell anyone I had $
bandits?
dawn nite please tell me
wanna join our crew?
No you wouldn't
John Sizemore I WOULD DO THE SAME SHIT!!!!
LMAOOOOO this channel be coming for people 😂😂
They have a very cool dad, it's nice to see people happy 👍.
This is messed up Abraham Shakespear was not dumb at all he was just a really good hearted young man who got done to damn dirty by his so called friends & family of convenience up until the very pitiful end RIP Mr. Shakespear no1 will ever hurt nor use u again.
Jackyblue67 Same omg that true I see it now
The only time your not dumb is the first time someone takes advantage of you.
I just finished reading the affidavit concerning the case of Abraham Shakespear before seeing this video. Talk about a Shakespearian tragedy! I somehow knew he would be on this list. He belongs. He was a generous guy, who was taken advantage of that's true. However he WAS dumb, he was "functionally" illiterate as well. It took her (Dee Dee Moore) only 4-5 months to gain control of over 5 million dollars of his wealth, including the 1.2 mil home he purchased. In addition to the LLC that he allowed her to set up and control on his behalf, he signed a power of attorney giving another female "friend" that he knew who was also working with Dee Dee on the scam. "A fool and his money shall soon be parted".
Phillip Calloway--I get what you're saying. And that could be true when a lot of money and too little brains are at issue. But Dee Dee Moore was neither family or friend. Neither was the lawyer she and Abraham shared (who was also in on the scam). So much so, she even accused him of killing Abraham. But she would accuse anybody, including her 14yo son.
this is so funny...please tell me that you don't really believe this? Dumb is not investing one's money, not finding out about tax laws, giving someone your rights to your money, etc.....this is basic math and logic love
Abraham Shakespeare shouldn't be up here. The man was killed for his money.
He gave his business partner control over all his money , making him worth more died than alive ( at least i her mind )
He could not have know she was pure evil , but you should never do that for any reason.
He was a dumbass, he couldn't control his own money and trusted some bimbo with it.
Toppy Cat sad. Not dumb at all just messed with the wrong person
I agree cause he got played and murdered don't mean her was stupid felt kinda shitty with the over the top mr moviephone voice calling a dead sure stupid not to mention youngin I drive a truck and have a college degree most driving jobs pay very well also especially local home every night union trucker jobs . shit back in the i worked for airborne express currently dhl and we would away joke "60 grand to drive a van " and that was now nineties money .ie. very Good living .however I am monetarily retarded ill give u that but not cause I'm a trucker caused I grew up in a allegedly outside the law family .where the motto was easy come easy go basically so never learned fiscal responsibility
When you win only 16 million you don't buy a million dollar house
Investment is strong a pillar for financial stability, everyone needs more than there salary to be financially stable. The best thing to do with your money now is to invest it rightly, because money left for savings always end up used with no return.
Having a complete control in your life is the power that grow your knowledge stronger than your real self. You can buy or trade in great opportunities and make good profits.
@@morrisonnicholas6736 I must say 2021 is the biggest transfer of wealth the global has ever seen, most especially in cryptocurrency (Bitcoin).
@@billcharleston3692 I must say 2021 is the biggest transfer of wealth the global has ever seen, most especially in cryptocurrency (Bitcoin).
Cryptocurrency is the future of all trades and it's the only way of making huge profits. I used the word "only" because I have tried Stocks and Real estate but there are not profitable as crypto.
Many Investors are on panic with the present market situation.
I would be ecstatic over winning 200,000. I could pay off my house and give my family a decent life.
I'm thrilled if I win a free ticket!!
money doesn't change people.
it reveals them!
This is absolutely correct.
It shows their true colour
Hacker movie
i have to be revealed.
Just like alcohol!
I just can't wrap my head around wanting to gamble once you won the lottery.
Its called an addiction...I cant understand either ...but that's what it is ....must be really shitty
When people win the first time it reinforces the idea that they could win again
its an addiction
Seattle Fish same u just won money an u want to lose it
🇵🇹
I love how use British money in all the stock videos ahaha
Thanks for making this video that I finally understand how Options trading. Option trading has really transform alot of people, making a live a luxury life and give my family the best
option trading is the future Investment, investing in it will be the wisest thing to do
Trading has a newbie is quite stressful and discourage. I have watch alot of UA-cam videos trying to trade on my own but end up blowing my account
I have seen so many recommendations about Lucy Griffin on UA-cam trending. Her strategy must be good for people to talk about
wow! So surprised she is the one managing my trading account i invest €5000 and got my financial status blow €50,000 within a week's
This is very helpful to me! Thanks for the opportunity and the recommendation
never forget the gov can withhold your monthly payments if it's not in the budget to pay you. take the lump some.
You don't get your entire lottery winning if you choose to receive the one lump sum. I rather have a recurring cash flow for the next 30 years or so than the one lump sum where I can end up dwindling the cash and end up broke. Next instead of spending, I would invest my money into business that'll create cash flow for me. This way I'll never go broke. Third. I wouldn't advertise myself than I'm a rich guy. If I win the lottery, I would decline to be on tv
Reggie Rodriguez the problem is, every single person on this earth that is poor(meaning, your making less than 6 figures a year) will say exactly that. Then they come in contact with 30 mil. All of a sudden, your life is no longer your life, those good intentions of starting a business dont happen. You don't hire an financial advisor because, you "can count money". You splurge on family and friends. Anything you've ever wanted you'll buy. It's not until people are neatly broke again do those ideas surface. I'm not saying you in particular will do all these things, but trust me, starting a business off the bat is not one of the first things you'll be doing.
Evral Jones I just wouldn't touch it period. Why does anything have to change because you get a lump of money? I'd rather have a fat ass bank account. Put enough for retirement away so it didn't really matter what I did along the way
Enter User Name Here.
I would take the lump sum as well for a couple reasons.
1. If the economy in the United States crashed and we went into a depression it could effect those payments if the lottery had to claim bankruptcy. It is highly unlikely but not worth the risk.
2. If you take the lump sum you would make at least 2.5% in a money market with no risk at all. If you won 20 million with a lump sum and taxes already taken out. By putting half 10 million into a money market every year you would earn $250,000.00 enough to retire comfortably with steady cash flow coming In. The other 10 million I would diversify a portfolio, spending 4 million on precious metals gold, silver ect. Take 3 million and find a good fiduciary and have him invest that 3 million. I would take 1 million and invest in high risk high reward stocks. With the last 2 million I would help my immediate family and find at least 5 people who are trying as hard as they can to better their life and I would Change their life forever.
3. If I died 2 years from now I would not want to take the risk of that money not going to my family.
Moral of the story. If you win the lottery don't tell anyone. If anyone finds out, NOBODY is entitled to YOUR money , just like you were never entitled to their money. Just because you got a lot of money through a lottery doesn't mean anyone else deserves any of that.
If I won multiple millions I'd give some money to my parents one time and thats it! Everything else is mine.
Home prices
niirvash the gov is entitled to half though
@Pretty Girl Only for dummy people :D Smart people should be rich all life long with winning.
One time. I here you. Well it all depends on situation and circumstances, but I get your point no one wants to be financially abused. It's the worst feeling. I mean you are straight up being used.
nancy breaux But like one time... come on. Your parents raised you and bought anything you needed. If I won the lottery I would at least give them (Including my siblings) money on a monthly basis, not thousands and thousands but enough so they live a comfortable life. At least that’s how I think. 🤔
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
Bitcoin trading nowadays is a big change to make money
I wanted to trade crypto but I got confused by the fluctuation in price
Please how can I contact expert Williams James
Money doesn't change who you are, it makes you more of what you already are.
hell. whenever I get my lousy 1200 at tax return I get people around me asking for help . just say no and learn to protect yourself from people who play you for your money
Mike Lugo, and that's how you end up in hell.. you have missed the whole purpose of life lol but don't worry most people will agree with you :) bah bah.. sheeps
yeah but I enjoy my lousy 1200 tax return
Obijaun, Are you serious?
Obijuan_the_Insane ! So making sure you take care of yourself before taking care of others ends you up in hell. And sheeps really? At least some people don't take the easy way and say, "will you see, a big magic man appeared and made the world and humans, it was crazy! We have no proof of it... but it happened!" Bahhhhh bahhhhh.... sheeps.
The stories really aren't that good and the narrator's painful attempt at being funny is outright torturous
Roxanna Guerraro same here. The narrator is using too much degrading phrases. And there’s also a person that died which he still calls a dumb. No respect at all
Always
Definetly
I’ll agree on that!
exactly what a wortheless piece of shit was about to let the video in the middle just bc of him
CONGRATS on 500'000 Subscribers!!!
LESSON.
WHEN YOU BECAME LOTTERY WINNER.WESR A MASK WHEN CLAIMING😂😂😂😂
I’ve played the lottery once... I was in buffalo on vacation, I bought a $5 ticket and won like $75.
Not bad.
You sound like me man😂Thing is I don't think I've ever won as much as $75. But I don't really gamble not like my sister and brother in law. Some people seem lucky and can actually walk out a casino with more then they went in with . But I'd say at least 90% of them don't. Just remember that your health is FAR MORE IMPORTANT because you could be a multi million/ billionaire but money won't save you.
Already written your memoirs?
That was a scratch ticket. Not a lottery ticket.
My mom got 200
Yea this story is BS nobody has ever been to buffalo on vacation
Abraham’s story was more of a tragedy but those other folks were pretty dumb, I feel a lot smarter after watching this, Thanks UA-cam!
The stock market remains one of the most promising areas to put your money;if you can control your risk, you may use the stock market to safeguard your financial situation while also earning money.
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market , any pointer any pointers on how to make substantial progress in earning ? would appreciate.
Most people today have been having a lot of failures in forex and stock market because of poor orientation and bad experts.
I recommend Dr Thomas Alex
He is simply the answers to investor's prayers keep up the good work Thomas the world needs more of you.
His te le gr am ha nd le 👇👇👇
"Willie hurt" 😂
I live pretty close to where Shakespeare lived and I remember reading all about him in the local news. The story was tragic but it was also pretty ironic, especially in the way DeeDee gave herself away in her attempt to cover up the crime. The most ironic part is that Shakespeare was illiterate and his illiteracy was one of the factors that led to DeeDee getting caught. She sent text messages to his family members from his phone pretending to be him and telling them he is fine and is just travelling abroad, but they knew Shakespeare could not write and realized it wasn't him. DeeDee is one twisted bitch but at least she was caught and brought to justice. She actually went insane in prison, if she wasn't insane to begin with, and there is a prison documentary featuring her so you can see for yourself if you find it.
I don't agree with Abraham Shakespeare if you know his story you would know he wasn't the brightest person in the world and was taken advantage of because of his lack of education
Tragedy Strikes thats why its wrong to call him dumb
DatGrA2b so calling a truly dumb person dumb is wrong ? Would you rather people called him smart ?
ROTAXD my god do you not no the definition of the word dumb??? he wasnt dumb he lacked an education he was more ignorant than dumb
Tragedy Strikes yes, I understand it would be nice if people would use some tact when describing an individuals disability or a not so "flattering" quality...I agree with that. But the fact that something comes across as rude does not make said decription wrong.
ROTAXD again the word dumb does not describe his lack of intelligence or learn disabilities
One thing I learned from this video: be 20% kind and 80% smart
"Never EVER let someone else control your actual money." Sam Rothstein made that mistake when he gave Ginger the ONLY key to his safe.
#6 Was not a truck driver. Really unfortunate what happened to a big hearted guy. What a world.
This is educational for the future lottery winners
That's my dream is to learn, just in case...
I wouldn't bet on it
Do you realize when you did the number 1 case you showed a map of the United states and said the man was in rural West Virginia but you highlighted the wrong state.
RIP ABRAHAM
Just for the record here. Almost every study done and expert asked says that taking the lump sum is the better option to take when winning the lottery. Annuities cant compare to the possibilities of investment with a lump sum win. Annuities are nontransferable and designed to be more stable but ultimately have a payout less than the lump sum. Hiring a good accountant/money manager and being wise with a lump sum will be far more productive and lucrative than a annuity payment. At the very least when you take the lump sum and then die, that money is included as part of your assets. Or, take the annuity and make sure nothing happens to you, or the country, or the lottery system for at least the next 30 years.
That wasn't West Virginia highlighted in the #1 clip... It's funny that you call these people stupid, but you don't know basic geography
Lucas Cruz why are you on a tirade against anyone with WV pride? you are a very small person, probably in more ways than one...
Lucas Cruz Hey smart guy, I don't live in WV. Or in any surrounding states. It's ok man, we understand, you don't know basic geography
fuck west Virginia
Daniel Martinez That's what I would say too, if I didn't know where it was on the map...
Daniel Martinez Fuck Martinez
Michael Carol didn't waste 9.5 million. He said he spent it. 😂😂😂 he also said it was the best pound he spent in his life.
So he wasted it…
I can’t remember the names of the winners but I remember there was one lottery winner where her husband was currently serving in the military and because she won he was allowed go back home. Instead of spending it in mansions and cars they bought a ranch and spend spend their lives raising animals and use that to remind themselves not to spend the money. They still have the money saved up they just don’t want to be tempted into spending it
Man I wish I win the lottery one day.
5:14 "Money doesn't change people, but it certainly enables them to scale up their terrible life decisions". One of the best money quotes I ever heard.
Demo derby sounds AWESOME!
Things to do after a win:-
Pay off mortgage.
Join a gym.
Help your family if they're struggling.
Invest.
Other than that.......try not to change. It hasn't all gotta be spent tomorrow!
Abraham was killed by this lady he met I don't think y'all should use him
Classless
Feel pity for the guy honestly
When you win the lottery you wanna hide that you arr rich
Respect ✊
Something trusting people can be a mistake. but calling someone dumb for trusting a good friend is just insane...
Yeah he was just naive. Although buying a home and starting a business right away is dumb, he just wasn’t educated in personal finance, which most people aren’t.
Wow. That white lady was so mean to Shakespere
If I won the lotto, the first thing I would do is fly to the Mustang Ranch in Nevada and treat myself to the nicest $300 an hour hooker.
GFE, BBBJ, CIM for sure
Imagine breaking into a car and finding *half a million*
Lol, they (the robber) knew it was there. Happened twice.... Lol, hey follow that car, why? Cause I know there's money in the trunk. Remember the car with flame thowers on the side to burn robbers. Lol
His driver walks in with him both times his car got broken into, like man I gotta poop, 10 minutes later I'll pick up the tab this time🤑..
I cant imagine breaking into a car at all. Thats loser shit.
Over car hopping and asking Alexa her way to the millionaires club.
@SEE A SHRINK MIDGET all three.
Mo Money Mo Problems
-Biggie Smalls (Notorious B.I.G)
stupid ass people I will buy a small ranch house worth $155 one muscle car for a toy and a regular car like a Honda go on a nice vacation and live a regular life
Jose Guzman $155? is that a doll house?
Thatone Dude 155.000 will get me 20 acres of fine huntin land with a nice shack yeah in Wisconsin
I swear if my dad won the lottery he would just give it all away to his brothers and stepmom
Since I will be a lottery winner in future this is very helpful😁🙂
Most of the time, the lump sum is the smarter choice. Recurring payments may stop if you die and your family and children aren't entitled to it, so it's not paid out. Not to mention, you can put all of your money where you want and never have to deal with temptation of borrowing against your "next" payment, due to an unsound financial decision. Invest and hire a reputable accountant and WATCH YOUR MONEY. Lump sums ensure you get what's owed to you.
Made by insurance companies..."never pick a lump sum"
This. 100% agree. Take that lump. Pay those taxes on it. FREEDOM.
And the state could go bankrupt and you lose those payments
Moral of the story, invest you winnings into real estate and get yourself a highly professional accountant and lawyer.
I liked this video, but had to undo that when you highlighted “Virginia” when mentioning WV 😂
The narrator first tells you "dont ever let anyone manage your money!" And then later in the video he says, "if you have never handled a large sum of money, higher someone to do it for you"....
HELLA STUPID😂😅...
In the end its their money and they can lose it how they want. The stupid ones are the criminals that steal from them!
you know you too can also make some money and show these dummies how its spent...... information@lyraholtdean. com
Carrol was having demolition derbies with classic cars lol
I will be happy winning enough to pay off my house.
Jim Knapp
greensbbqq Yes?
Jim Knapp hey!!!
MIchael TreglerA HI!!!!!!
I'm one month into a 30 year mortgage, I agree lol
A fool and his money are soon parted....🤪
A fool and his money are lucky to get together in the first place
What dude does that make any sense to you you fucking weird
Where did I leave my wallet
Uh, do Mark Zuckerberg, Richard Branson, Elon Musk, Jeff Bezos, or Donald Trump look poor to you?
:P
@@grantorino2325 So you're saying these millionares are fools? Maybe Donald Trump because of his opinions but still
"Money can't buy you happiness... but at least it allows you to be miserable in comfort!"
I finish that saying like this; Maybe not, but it sure as hell can rent it for a while!!
Money doesn't make your life better...you do. You have the keys to your own happiness. You can't search for meaning through possessions.
Money might not buy happiness but it will sure buy my kind of misery!
Money doesnt change you, it reveals your true nature, so work on character and virtue so when good fortune comes in form of money or power you will be prepared to handle it wisely..
It can definitely change you
You always take the lump sum payout. Always. You can't pass lottery annuity payments on if you pass away either.
+Ryan Koehler The only disadvantage is if the winner dies, their heirs have to pay estate taxes.
But. Again. Annuity > Lump sum. Easily.
True. IF you are a finance professional who has a track record of making the right investments, then yes, taking the lump sum allows you to take your future into your hands.
BUT.
Most hedge fund managers can't even beat the S&P 500 and they're professionals who take a hefty fee! 😂😂😂
You're expecting some random financial manager to make investments to beat T-bond rates that's essentially presented to the winner? And that's assuming the winner decides to hire one. Too much risk.
Factor in the horrific decisions the winners typically make and the ability to protect themselves from themselves, it's a no brainer to take the annuity.
You take it only if you really do know what is in store and exactly what to do next. As most people have no experience with finance, it is unlikely to end well. At least, with annuity, one can behave like a jerk without losing it all at once. Of course, that doesn't protect you from drink, drugs, gambling and fast cars, etc, which are all very easy ways to die. But people don't want to learn boring stuff, they wanna party, right? RIP.
The first thing any lottery winner should do is make 3 phone calls:
1. Hire a good Attorney.
2. Hire a good Accountant.
3. Hire a good Financial Advisor.
Those three calls will take care of any finance/estate planning. When you suddenly come in to a windfall of money, you need to get help, otherwise you're asking for trouble.
The annuity payout is moronic. The lump sum is ALWAYS the right option. Hell, you could stick half of it in secure investments (like bonds) and still make more than you would by taking the annuity.
+Pablito's Way - If you are a lottery winner and don't hire professionals to account for and manage your funds, then you're a moron (I'm not saying you Pablito, I'm saying that in general). There are many ways to negate estate taxes for the heirs if things are set up correctly. And there's no reason to invest in equity, a simple bond ladder would still beat the hell out of the annuity rate of return. The problem is that there are some dumb people that win the lottery and make dumb decisions.
I don't need to hire no one I know how to count money point blank
Never loan money to anyone UNLESS you can afford to give it away because chances are you will never see it again.
Haven’t bought a lottery ticket in years
the lump sum payment is generally the better way to go. time value of money and all that.
The first guy was just plain sad.
Bing bong ,,, good one.
His name is Willie Hurt
Im dead 😂😂