How A Lottery Winner Spent All His Cash In A Year | Blew A Bag
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- Опубліковано 24 жов 2018
- Melle Mel got off on parole and went to having $1.3M overnight.
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Melle Mel went straight to the casino right when he got out the pen. He had no idea he'd hit the million dollar lotto and get rich overnight! He took the lump sum, which he says was the dumbest decision of his life. It was all down hill from there. Buying cars, strip clubs, chains, while also giving back to the neighborhood.
If you hit the lotto, how would you spend it all?
#BlewABag #Lottery #MelleMel
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If I had 1.3M and suddenly saw 15k left I would literally be sick to my stomach, within a year! That's just stupidity and irresponsibility at it's FINEST people!!!
Lmao Was it within a year fr?
At least he had fun and partied like a rockstar. Lol
what about when you are lying on your death bed and realize that you never experienced .5% of what he did or had a million dollars, would you feel sick to your stomach then?
@@tycoontroy1484 it doesn't matter cause you never experienced it, but to have it and loose it all is depressing sooo..... yeah, what the hell are you talking about?!
Brodric Johnson I would cry 😭
The biggest mistake he made was opening his mouth
Big time!
Period
Alexis Canjura 😂😂
Alexis Canjura facts I was thinking the same thing
On tha Real!!! Makes me wonder💸💸💸
He messed up with his very first move. Wired $10,000 and gets hotel rooms “for everybody” 🤦🏽♀️
Should of got rental property
Floyd money spender badweather
Tacarra M I swear I would've invested a quarter of that shit
I was thinking that as well!!!!!!! Lol
@@thatguybill34 could of got a nice 90 unit apartment an at least had monthly income..
A fool and his money are easily parted.
The Bible.
Amen Brother ! Or Sister ! LOL😄
Amen Brother ! Or Sister ! LOL 😄
Omnitrix8 amen😎
Facts
Omnitrix8 Lol that’s actually not in the Bible
The lump sum wasn't the issue, bad money management was.
@O P Any money is bad for people with poor money management...
Being black*
What's a lum sum
@@AccentBwoy Getting the money all at once vs getting the money every month over a period of time.
@@donperrignon oh thanks. I would take everything buy about 3-4 foreclosure houses from the bank rent them to start off and then seek a financial advisor a lot of ppl say invest first but investing doesn't always guarantee money.
My first plan if i won 1.3 mill is to go home and act like i never won anything no jewelry no flashy cars just a nice small house in a nice neighborhood thats all
Easier said than done.
Noo, you can’t . Maybe now you haven’t won
Rozay Mills Peace
Rozay Mills
me too
same
$1300 a week he should have took that, i know alot of people who graduated college and don't even make that much in a week.
Lump sum always man. Poor mentality will say take annuities
Yeah you’re right, I’m “a lot of people”
I'm making $1,050.00 a week for now and I never graduated from college either lol
@@daviddang82 OK he took lump sum and where is he now? Exceptions to every rule - the dude was young and could probably live long enough to appreciate the weekly payouts.
His personality really tells you it's no surprise he blew it,,,he is very immature
This is Mel, Don't be like Mel. ... .
lolol
😂😂😂
Lol true
IG?
Best comment 😂
I never seen someone so happy to lose the money of a lifetime in one year
well there's nothing he can do now about it, but learn from it.
DonKiloBoss #7 because he was living his best life
He didnt work that money and was not educated enough to value it
That's what happens when your IQ is 70.
Aye.
No regrets
Bruh I would take 1,300 a week and still work my job
You dont know if america could be destroyed in ww3 next week better take that 1m not to mention inflation. That 1.3k could be like 1$ in the future
AZTL good point but elaborate a little better
I would do scrap metal for the rest of my life
@@DaddyAZTL that's not tree.
1300 a week? I'm not working anymore. That's 5000 a month.
No financial advice from any of his so called friends this is a fine example of lack of knowledge!
Hosea 6:4
My people remain ignorant for the lack of knowledge....
He wouldn't have listened
His friends wouldn't give him advice cause they wanted to enjoy his money n thats what the fake Melle Mel rapper did
He was living like a 2Pac music video 😂
Weak😂😂
I get around style, with two fat bitches chasing him around a tennis court😂😂
The Afro Math lmaoooooo
The Afro Math 😂🤣😂🤣. For a whole year tho!!! Like, who does that??? Why not ball a smidge and get some stuff going...then ball a little bit more... then SIT YOUR ASS DOWN!!!
The Afro Math This Comment has me dead! 💀😩
I won $5000 on a $5 scratch off in 2007 when I was 18 & bought a fresh '96 Impala SS it wasn't the best, but I got off the bus 🚌 & had my own ride work this year I've been working there for 11yrs. & still got my SS 🚗💨
Right on
Nice choice, can’t go wrong with 96 ss
Same exact story for me just bought mine in 2010. Bubble Chevy FTW
cool story bro.
The pala is a clean ride, but personally always wanted a ‘96 road master with the SS wheels on it. That’s a clean ass whip. But 11 years that’s what’s up and still got the whip
Wouldn’t it be great if BET actually had a show that showed people how to make money, manage money etc but noooooo lets go with this nonsense 🙄
💵💴💷
You really think VIACOM is gonna tell us anything to do to better ourselves 'positively?' Naw, and they use Black & Brown entertainers to feed us this same foolishness. It's a dirty game family
You hear me
@@robertw.kennedyjr4021 blame jew
@@robertw.kennedyjr4021 not normal white people
Did y'all see the lottery winner ,who showed up wearing the scream mask?! LOL ! #brilliant
1300 a week sounds good to me
That's very decent money. Wouldn't ever have to work
I wonder what happened to the businesses
Exactly 🤦♂️
$1,300 a week isn't a lot of money, unless you're a crack head.
Helll yea bro and getting a side job off the books u set
1300 a week along with a normal job would be picture perfect
Smart af. WITH A JOB that's easily $4000+ if u get full-time too!!
Not really if you die of cancer / accident in 5-6 years. I would’ve taken lump sum & bought a house paid the tax man and kept working
And you can still live comfortably if you want
Facts
Ain’t no way I hit a lotto and I’m going back to work... I would have spent only $200k between buying a small townhouse and investing in a franchise like Chick-fil-A or Starbucks. I would have put the rest of the $800k in a bank.... he was doing too much. Buying strip clubs and lounges...
"I was down to like fifteen thousand dollars an I knew it was over" 😂
Put one week up a month and lived a comfortable 3,900 lifestyle for the rest of my life while saving 15,600 a year for 20 yrs or more.
Down to Earth living at its finest
Put 2 weeks up a month. That's what I'd do. That's boss Money after a while
Or open up a bank account let that money build up with interest 🤦🏿♂️🤦🏿♂️
A dollar today is worth more than a dollar tomorrow.
He should have listened to the slot machine because it was trying to tell him to take the Cash for Life
CV 2153 facts lol 💯💯
😂😂😂👍🏾👍🏾👍🏾💀
CV 2153 😂😂😂😂😂😊😊😊😊😊😊😊😊😊😂😂😂😂😂
He said he thought someone stole from him ?? YES they stole his "common sense" smh
But what something happens to him and he passes away a few years later?
This guy is the reason why I studied finance and stay away from people who cant manage money.
Judging by your picture you're black and I'm glad you've chosen that occupation and yes, it's best to keep away from people like that.
Errick Wright stop it you got into because you like numbers.
@@indigophoenix9292 and that too
Probably was too arrogant to take advice, money+ arrogance = you are f**ked
Great idea, messing with losers sure to pull you down
$1,300/week for the rest of your life. 😱
That’s like 600,000
Depends on how long you live... If he was 40 and lived to be 80, it would be like 2.5 mil. But that means he would also have to work a regular job.
thats 5200 a month just sittin on ya ass. Thats like a 90k per year job every year for life doing nothing. Id take that any day over the lump sum of 1 mill
Yomama Bin Fartin I'll take the lump sum payment. you could invest in passive income and small business worth more than that little monthly payment.
Aundray Perkins damn yeah youre right
This never gets old. 😂
Dude a real one.
Real dumb one
He makes me want to be smarter and read a book or something jesus
Fr
🤐🤔🤣🤬💸💸💰💸💰
Why because he's black
If you can't manage a dollar, you can't manage a million of them.
No the truest statement
Preach
campc1 AMEN✊🏽
Right on!! That is a Universal Law Campc.
I'll say this again, BET WHY ARE YOU DOING THIS SHOW!! Is it cute that our people weren't taught to manage money well. I'm done with BET.
Lol my guy was about to admit he went back to selling drugs
Boy you won 1.3 million not 300 mil lol.. you have to take a week of just figuring out some ish. First thing he should have did was set a plan to how get more money bc 1.3 million can go by fast if you’re no careful.
Prynce Al white ppl do it too look up dumb lottery winners it’s all white ppl lol and they had hella lot more than 1.3 million... I think people just get money happy I say what I would do with it if I won it but you don’t know what you’d really do lol
1.3 million Could Go R-E'A-L. FAST For Someone Like 🚗H-I-M!-!!!-!! 🚗
xoAngelicaF i agree, he should have invested in stocks or franchised..this guy is a idiot.
@@jadexade2337 str8 dumbass you right he should've invested it
@@letsgetfree2600 Even buying property would have secured him financially if he rents it out
Why would you not choose 1,300 dollars a week for life 😂😂😂😂
Man facts🤣😂😂
52,000 a year
J Strong oun know
Because it the casino folds you dont get paid..if they bankrupt you fucked!
J Strong Bruhhh facts! I was doing the math like... hold up! Them white folks was probably laughing while signing the check 😂💀
He did almost everything wrong, like telling all 5 baby mamas, even his current wife was asking for half the money.
He had 5 bms WHAT did YOU expect and married. His wife was the SMART ONE....lol
If she was smart she wouldve stayed away from him when she found out he had 5 bm
AZTL period but bitches is triflin and glorify that type of non genuine behavior
She wasn't the smart one if she married a fool with 4 other baby mamas and God knows how many other kids
@@deadlydizzle7588 She got lucky that's all what that was lol. I bet she blew her half too
This is lowkey sad
And maybe high-key 😂😂😂😂😂😂😂😂😂😂😂😂
And you wonder why white people clown up.
@Rowdy Jr. Rothschild are jewish. And they're not as rich as u portray them to be.. It's all conspiracy theories
They lost majority of their fortune during world war 2
When Hitler in partnership with France prime minister and most European leaders send the Rothschilds on exile and confiscated all their fortune in these countries
The only wealthy Rothschilds left after world war 2 was the one in control of the U.K House of Rothschild branch
Most of his wealth was mismanaged after his death by his heirs
In 2018 there are only two Rothschilds on the Forbes list
One is related to the family
The other is not
The richest family in the world are not Whites
They are Arabs (The Saudi Royal family)
UA-cam UA-cam low-key you mean high key sad and stupid!
He said that they called him big,yes , big ass
I wanted to smack him through this entire video... UGH! I have no words.
Right. Fckn dumb ass idiot
For reals man that's one stupid guy
This seems like they’re glorifying his brokeness , they want to keep you in poverty
OR they are teaching a lesson.
luvbig41 yeah, in a glorified way.
I think I would of took $1300 for the rest of my life 🤷🏾♀️ That would be perfect with a regular job and been good
Cassie Waller It’s always better to take the lump sum! Even with the lump sum you can work a regular job if you want. But why not make your money work for you!! See money is a tool, a tool that can fix anything in your life!! Why waste you time at a regular job when you can better yourself and create opportunities for you and your family. Take up a business course , look into properties. Time is more valuable than anything my sister!! Don’t waste your time at a regular job especially if it doesn’t bring you joy😉
Good luck to you in whatever life brings to you💯❤️
Forst guy to comment is right
@@galvatron3290 100% truth was told here. That's how you put someone on game.
@@galvatron3290 nah I'll take the 5k a month and work a part time job 😎 and live like I never won
@@bluntheadass6863 lol your gonna be a target you cant live a regular life after that
I would never laugh about losing my money or have it televised. What a stereotype.
Shit nothing but paper
You live and learn, why stay in deep depression the shxt never coming back
Graduated with a girl that ended up winning a win for life scratch ticket and shes getting 3 grand a week for the rest of her life.
Sweet
Kyle Owen actually it's only gonna be 25 years. Look it up, because that's about most of your life anyway.
is she in canada cause scratch tikcets are 25 years
Mark Anderson you're on top of your game bruh!
No we live in Connecticut
My man, you only had one job. Secure the bag..
This show is almost like their celebrating going broke
They want us to stay broke and keep doing stupid shit with our money lol.
Mona De Janeiro or they’re pretty clearly showing you what NOT to do with your money. It’s all about perspective... take it how you will.
It's not " like " The show is called blew-a-bag
Literally encouraging poverty
TommySotomayor's Momma lol your very funny 🤣🤣🤣🤣
Real talk!
Things to do when you get a bigger a check than normal
1. Pay your bills early
2. Flip 50% of it legally
3. Keep the rest in a account that has interest
Worst thing you can do is trying to copy other people’s lifestyles with your current bad habits
Real talk right here
And try and get that fine looking honey like you
I'm not paying jack
Bills go up and down every month. Don't play yourself
Keeping half in a bank account is what poor people do. The money is depreciating faster than it is making interest.
He thought he was a successful rapper cus he hit the lotto 😂😂
Melle I literally watch this video at least once a month bro you are so lucky..
Love these videos and what this can do for the culture
I would disappear and give nobody nothing. I bet when he was behind that wall he didn't get a card money on his books no visits nothing. That's how everybody do, when you broke and dusty nobody is around soon as you hit the jackpot everybody want something.
Man, what!? People STILL wouldn’t know I won the lottery.
Facts I did two years, and to make a long story short everything you said is relevant
Marvin Benjamin right.!
Lol facts. Fake, opportunistic people everywhere.
@Mr C for the kids I'll get em all C D bank accounts, I'll give them 100 grand a piece and let that money grow over time when they get 18 they use that for school.
Damn, if he brought restaurant & Strip Club, he should be SET FOR LIFE!!
exactly, where is all his income from these two investments?
facts! you supposed to flip the money
Mellesa does aren't the best decisions on how to invest your 💰, not all of it anyway.
Yup
You dont know much about business
Thank you Mel..
This is the saddest story to me.. I’m Black, and a financial advisor. These once in 5 lifetime opportunities are what they are. Yes, obviously other things such as kids hungry, death and life changing illness and injury are horrible. However, he had the opportunity to completely change his family and a few close friends lives and start generational change. And he literally threw it away....
Dude got 8 kids. He could have put up at least half for them in a trust fund and I wouldn't care he blew the rest. He bought BS and now his kids may suffer. Shameful shit.
$1300 a week
52 weeks a year
$67,600 a year
$1mil in 14 years
Glorious Warrior 14 likes in 2 weeks 🤔
but would it be worth it?
In 10 years it'll be worth $1000 a week. In 20 years...less... But I agree most people should take the annuity, to prevent frivolity
now lets get ready for some real math. if you took the lump sum at $1,000,000 and invested it and are able to get 10% returns a year and only spend $40,000 a year ($3,333 a month), in 10 years your wealth would grow to just over $2,000,000... once you reach that point live on $80,000 a year for 10 more years, another 10 years later and your wealth is around $4,000,000.... at this point you can spend basically whatever you want because you arent likely to outspend what you make on interest (unless you are trying).
@@116skinnyboy 💣💣💣💣💣
Great video entertaining and funny lessons to be learned
1.3 Mill? I'm starting a dispensery
I'm sorry I would've went for the 1300 a week for the rest of my life lol
You and me too. 1300 would look good in my pocket every week.
Right
IKR! Idk about yall but in my case I still would've finished school, followed my dreams, and just used that 1300 a week as a second income. One income for saving and one income for my bills lol
Sheri Berry WHY?? not me...something might happen to me the next week😄
Hahahaha! I mean to each its own
He's a bail bondsman that sold drugs and was on parole 🤔
Vic11 Rob74 😂🤦🏽♀️
Right 🤣🤣🤣
Vegas baby! 😂😂😂😂😂
"A fool and his money will soon part." - a wise man?
Good story bro. Beautiful kids man. Hope he hits another millie for them..!!..
Easy come easy go.
KingCo Anderson EXACTLY...shit you might won't make it to the next week...Imma spend mines up to😄 fuxxxxx it((YOLO))
😂🤣🤣😆😆
@@steeziesteezie8979 i heard that!
Use to be my Ace! My right hand man! Melle! 1500 block 4 Life!!!! Good to see this video. I myself didn't even know a lot of this stuff. Growing up, I took a turn away from the streets. Started working 9 to 5. Ironically, I see Melle a few days after he won the money up in Auburn California at a gas station. Told him, "Take care of your kids, your mom, and buy a house."
Went crazy 😂💰
😂😂😂 yo said " I thought somebody stole something" im dead 😂😂😂
His wife immediately took him to court to get half. Some kind of wife.
She knew his dumb ass work fu*k it up.
LMAO
That's what wifes do.
yup if I won that money I wouldn't brag for shit! luck shouldn't even be bragged about, you should just be grateful and wise.
That's how he spent so much. He still thought he had a mill and really only had 600k. That Fool smh
He bought a bunch of businesses and STILL went broke?
Lol it dont matter u gonna waste more trynna do that
Should learned how to cut hair and opened a barbershop
Sonia Gibbs the businesses obviously weren’t successful
Bad investments
He was just a crackhead, with a whole bunch of businesses, with no business experience. Ummm what did you expect. Oh that he would turn into Bill Gates lol riiiiiiight.
Lump sum is always the best option, IF YOU HAVE A PLAN.
$1300 a week would take too long to invest verse having $1M ..TIME is king. Get it?
I guess no one ever told this dude that wealth begins in the mind ...smh
You big dummy (in my Fred Sanford voice!)
I would fight myself daily about this
Hahaha I've been to that casino... they got good prime rib buffet 🤪
Bankd up ent 👍
It's nothing wrong with taking the lump sum, however you must know how to budget your funds and put some away for your children!
Jewel White nothing wrong? How dumb are you when you take the lump sum you pay almost 40% in taxes as opposed to less than 20% are people really this stupid it’s only 1 million not 100 billion
What's a lum sum
@@Kenfromdetroit why taking the lum sum bad
💯💯💯
David Lecky why you can’t spell ?
let me win the lottery lord & ima make you happy with how i spend that 💰
Amen!
Facts
Nah
Paying off 50k or total debt, my house. Buy 2 more properties. The rest in a high interest savings overseas. Done.
Why do all of the idiots win money.
@@blupyxi5669 So... you are saying you wouldn't be dumb with yo money. That's what a lot of people say but its just the ua-cam.com/video/HUqtsS3Xf1Q/v-deo.html
😂😂😂 my guy said I blew a bag and the bag it came in I’m dying
Good story! Your awsome!
"I got 4, 5 bbymamas" 😂
I'd take that $1300 a week so quickly....
And you'd be a fool
And just as quickly have a well planned "accident" financed by ---> ....
@KingP no i wouldn't because I'm smart enough to know i can earn about 40k a year in interest off of the lump sum.
Only a complete and utter fool would choose 1300 a week over a 1.3 million lump sum payment.
$1300 a week can vary easily provide a comfy life for my family and myself. And I want to have to worry about spending it all in one night because I'd have more the next week. Anyways I think they pay you one payment every year so it probably be like $75,000 or something once every year....
@@EvanSerrano1988 it would be monumentally stupid to take 1300 a week over a 1.3 million lump sum when u can make 45k a year just off the interest of 1.3 million.
If you're scared you're going to blow 1.3 million in one night, you'll just as easily blow 1300 in one night.
Again, someone would have to be unbelievably stupid to take 1300 a week over a 1.3 million lump sum payment.
Now I know EXACTLY what NOT to do if I ever win the lottery
Motto should of been as follow: Don’t let nothing take you back from the level you just leveled up from. 🎰🎰🎰🎰👍
Just how ignorant can you be?
A fool and they money will soon part!
Ouch
Education and knowledge is VEEEEEEEERY important guys!
I Love this guy =D. He is the perfect example for everyone who wanna enjoy his life^^
Wow this is crazy
Most people go broke within a few years after winning the lottery so the way he was spending the money it doesn’t surprise me at all.
He lived his best life and created alot of memories.
Turn to Jesus and believe in him and repent of your sins and turn away from your sins to be saved or you will go to hell Jesus is the only way
@Duke I agree 💯
Looking at this before I go to work got me mad lok
And now that I’m getting money
My neighbors turn to my cousins
-Meek Mill
😂🤣😂
A person that's bad with money shouldn't take the lump sum.
Sharay's Corner Listen to my song question on my channel it's fire 💯
What's a lum sum
No, CRACKHEADS don’t need to win the lottery!
Great video, as always useful information
$1300.00 a week for a lifetime and you settle for 1 mil? 🤭 A calculator would have told you that was wrong!
Deedums facts..😂😂😂😂
What can a calculator tell you if you didn’t finnish school
You need a plan! A damm calculator can't add up life expectancy and damn sure can't get 1300 transferred to the kids a week
this series should be called “the biggest dhs” 👌🏽 very fitting.
monie 😂😂😂😂😂😂
Damn😂😁he was living his best life LMAO.
Lil Duval style!
For a year 😩🤦🏾♀️
Lmaooooo facts son wasn’t waisting no time 😂😂
Lol like a fool!😁😁😁
😂😂
He has 8 beautiful kids and blew their inheritance that was gifted to him.😢😭
💔💔💔
He wasn’t ready....🤣
GOD Damn😤 JESUS CHRIST a fool!!! 🤣 I can see this being a episode on Boondocks 😫
Chappelle Show 😂
Aka Tron I'm Rich Bitch LOL
He stated he purchased a few businesses; a studio, a strip club, a chicken and waffles restaurant. Those purchases right there can still keep the dream alive and have equity to further his capital and invest in future businesses. Sell any liquid assets like the boats and the one to many cars to maintain and grow the current business establishments. The man still has a chance if he learned from his mistakes and could possibly still create a small empire and a future for his several children.
More than half of it was probably on gold chains, clothes, and jewelry😃😂😂😅
John H but didn’t get his teeth fixed
only 100k
The slow mo is the funniest part
Should've read Rich Dad Poor Dad.
I can't win the lottery because I would do great things with it. He can win the lottery because because he would blow it all on bs lol that's life for you
That's how it works.
true
Lorenzo Wheeler h
Lorenzo. Yes sir
@@nikkinicole5435 wow you
I love this guy he lived😂👌🏽
“I did good things too yall” 😂😂