A person who won 600k$ in lottery | Bitcointalksearch.org

Betwrong

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Quote from: redsun114 on November 08, 2023, 12:58:34 PM

I would say if you have 600k, not telling anyone about it would be a smart choice to be fair. If you put all of that into bitcoin, and just slowly spend it, I can say that in my nation that is good amount of money to live forever and not end. You could get some interest on it, and bitcoin could go up, so if you spend something like 2k per month which is a lot in my nation, that is 300 months, by logic 10 years is 120 months, so it's 240 months for 20 years, and 300 is 25 years.

That means you get 25 years worth of money already, maybe not enough for your entire life if you are young, but bitcoin will go up so you are going to get a lot more and that means it should be enough for your retire life. You will not have to work a single more day in your life if you could just ignore all the need to tell others and just stop yourself and keep it a secret. Just make them think that you have an online business that makes 2k a month and that's it, forever.

I don't know if it's possible for anyone to win that bid and don't tell anyone. I think it's a big part of your winning: telling others about it. We are social creatures, we can't keep it to ourselves, be it a big win or a big loss. Just think carefully of to whom you tell it, but it's impossible to not tell anyone.

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Quote from: LFC_Bitcoin on August 04, 2023, 02:23:42 AM

$600,000 is a great win but it’s not forever money, if you live in a First World country. If I won $600,000 I’d buy a couple of small houses to rent out, take a holiday and buy bitcoin with the rest.

Sounds like the guy involved in the OP’s post sadly wasn’t prepared or made for money.

It will wow you to later find out that a significant amount of that sum will still find its way into the gambling ecosystem. You see, gambling has a way of keeping you away from the regular and making you feel that wins are easy when you just hit a jackpot. If you don't withdraw it, its even worse cos you might reinject it entirely back into the same pause where it came out from.

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Quote from: Wakate on November 09, 2023, 06:16:36 PM

Quote from: Negotiation on November 07, 2023, 06:45:16 AM

Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Honestly if I win so much in the lottery I won't waste my gambling because if I gamble I will lose everything. It would be better to invest in bitcoins for the future along with meeting your own needs. There is no fear of losing here, the amount won in the lottery will double if you invest it for long term digital tokens like bitcoin can provide you with high levels of profitability. Real estate and gold will be impacted if the country's economy suffers bitcoin has no such implications for being decentralized.

This is a nice decision if you take this step if the same thing happens to you. Normally gambling is very risky and we need to understand how to bet and how to do things in a way that will profit us. There are some profits we needed to use and build other businesses so that we can grow and make more profits. Gambling is risky but we can do it in a way that would help us and achieve what we want and the kind of results that we want to be seeing. There are ways we can utilize to earn more profits for ourselves without stress.

When you do win on lottery and its your first time on getting a hand of a huge money then those kind of financial plans would really be something that would be out of your mind and thats for sure.
Why? We are just humans and we do have those kind of wishes and likes that we do want to buy on which it would really be that normal that you would be having that kind of reaction
on which you would really be prioritizing first on trying out to buy on the things that you do like until you would realize that you have nothing left with those lottery winnings that you do have.
People would usually be ending up on having that kind of learning is on the time that they dont already have the money to spend on but well its already too late.

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Quote from: Negotiation on November 07, 2023, 06:45:16 AM

Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Honestly if I win so much in the lottery I won't waste my gambling because if I gamble I will lose everything. It would be better to invest in bitcoins for the future along with meeting your own needs. There is no fear of losing here, the amount won in the lottery will double if you invest it for long term digital tokens like bitcoin can provide you with high levels of profitability. Real estate and gold will be impacted if the country's economy suffers bitcoin has no such implications for being decentralized.

This is a nice decision if you take this step if the same thing happens to you. Normally gambling is very risky and we need to understand how to bet and how to do things in a way that will profit us. There are some profits we needed to use and build other businesses so that we can grow and make more profits. Gambling is risky but we can do it in a way that would help us and achieve what we want and the kind of results that we want to be seeing. There are ways we can utilize to earn more profits for ourselves without stress.

redsun114

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I would say if you have 600k, not telling anyone about it would be a smart choice to be fair. If you put all of that into bitcoin, and just slowly spend it, I can say that in my nation that is good amount of money to live forever and not end. You could get some interest on it, and bitcoin could go up, so if you spend something like 2k per month which is a lot in my nation, that is 300 months, by logic 10 years is 120 months, so it's 240 months for 20 years, and 300 is 25 years.

That means you get 25 years worth of money already, maybe not enough for your entire life if you are young, but bitcoin will go up so you are going to get a lot more and that means it should be enough for your retire life. You will not have to work a single more day in your life if you could just ignore all the need to tell others and just stop yourself and keep it a secret. Just make them think that you have an online business that makes 2k a month and that's it, forever.

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Quote from: Mr. Magkaisa on August 04, 2023, 12:48:46 AM

What would you do if one day you won the lottery?

Strictly Investment.

Quote from: Mr. Magkaisa on August 04, 2023, 12:48:46 AM

What are you planning to buy and who do you want to include in your success?

These are some of the decisions that may be personal to me, but there's this certainty that am investing on bitcoin in large amount. Lol maybe a just revealed part of the plans and decision i may take.

Quote from: Mr. Magkaisa on August 04, 2023, 12:48:46 AM

There is a seller in the market who if you ask him, he will never be stingy with the money he will win.

Everyone cannot be stingy at the same time, but it will be foolishness if he never take an advantage in the money for an investment than doing philanthropist work, these same people will gather to mock him when he's broke a d won't be able to help him out, it's about himself first before others.

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Quote from: Negotiation on November 07, 2023, 06:45:16 AM

Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Honestly if I win so much in the lottery I won't waste my gambling because if I gamble I will lose everything. It would be better to invest in bitcoins for the future along with meeting your own needs. There is no fear of losing here, the amount won in the lottery will double if you invest it for long term digital tokens like bitcoin can provide you with high levels of profitability. Real estate and gold will be impacted if the country's economy suffers bitcoin has no such implications for being decentralized.

That is wise thought because can have guaranteed future because you are successful in using lottery winnings to invest in the long term and allow working money to produce greater amounts.
Bitcoin and shares are the best choices for long-term investment because they are not greatly affected by the decline in value if there is economic or financial inflation and these two investment assets are the biggest choice for investors throughout the world.

It just that the lottery is gamble of luck and there are only one or two lucky people who can get big wins with profits that can turn people into riches so those with this opportunity must really be able to take advantage of it to change their lives for the better, not just to have fun and start living extravagantly.

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Quote from: angrybirdy on November 03, 2023, 02:25:35 PM

That's one of the reason if the winner can't contain their excitements, they didn't think properly because the only thing that matters to them is the reality that they won and the feeling of being obligated to share or to give some parts of the prizes to others, which is somehow acceptable but It should be distributed fairly. Having a poor financial decision and actions will lead you to some thing that you might regret in the future so it's better to have a smart plan when Huge amount of money involves.

winning a large amount of money from the lottery and sharing a small portion with other people is very normal and indeed sometimes a person form of happiness is different, but if you decide to share money with anyone, it is better to plan and adjust it fairly and on the one hand, try not to let people dont know how much money you win because it will have a bad impact and if you have given a small portion to someone else, still think about opening your own business with the winnings so you dont regret it when the money runs out. because from my experience, money that is obtained instantly or usually will run out very quickly without realizing that suddenly the money has run out and I regret not buying something valuable.

Its a good idea to take advantage of big wins to run your own business to earn sustainable income so you dont have any regrets.

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Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Honestly if I win so much in the lottery I won't waste my gambling because if I gamble I will lose everything. It would be better to invest in bitcoins for the future along with meeting your own needs. There is no fear of losing here, the amount won in the lottery will double if you invest it for long term digital tokens like bitcoin can provide you with high levels of profitability. Real estate and gold will be impacted if the country's economy suffers bitcoin has no such implications for being decentralized.

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Quote from: Weawant on November 03, 2023, 04:38:42 PM

Getting luck with such big wins is usually not common with the lottery as it happens once awhile, and when you are so lucky to be a winner it's expected to be wise with how you spend such money as it may definitely run out one day it doesn't matter how huge the sum.

Investing when you get such amount is a popular opinion most persons do share but then it's very important to invest rightly aswell because there are some bad investments that will end up in losses and it would be as bad as not investing at all so it very important that if you are lucky with such amount, look for the right investment that is realistic enough and probably venture into and not just investing in anything, investing rightly long term will help change anyone who has such money for life.

If we are successful in winning lottery tickets and can get a lot of money, we can use the winning money to prepare our future to get a better future. But people out there who are already winners of the lottery need to prepare their future with their winnings and not use them for things they don't need, especially just buying luxury items. That is optional because these luxury goods will not be able to meet their needs in the future. But if they can think about their future well and allocate it to their savings, they can slowly change their lives for the better.

Having an investment is a must for them in preparing for their future because from that investment, they can get additional profits that will be useful for their future. With all the preparations they have made, they can change their current lives so that they don't waste the winnings they have earned. They can also hire a financial consultant to help them manage their finances for the future so that they only need to live their lives well without having to live in luxury.

Betwrong

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Quote from: piebeyb on October 31, 2023, 04:14:26 AM

Quote from: Betwrong on October 31, 2023, 01:38:33 AM

Celebrate your big win, buy some necessary but expensive things, and invest the rest in Bitcoin. That would be my advice.

~ apart from that celebrate winnings only with family because it won't cost much at least it makes people all around us enjoying the results of that victory.

Yes, that's what I was trying to say basically. "Celebrate" is the key word here. I also would suggest to celebrate with your family, with your close ones. They deserve it more than others. If you invest all your money in a business, then you might end up with nothing at all. So, that option should be excluded from the beginning.

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Getting luck with such big wins is usually not common with the lottery as it happens once awhile, and when you are so lucky to be a winner it's expected to be wise with how you spend such money as it may definitely run out one day it doesn't matter how huge the sum.

Investing when you get such amount is a popular opinion most persons do share but then it's very important to invest rightly aswell because there are some bad investments that will end up in losses and it would be as bad as not investing at all so it very important that if you are lucky with such amount, look for the right investment that is realistic enough and probably venture into and not just investing in anything, investing rightly long term will help change anyone who has such money for life.

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Quote from: virasog on November 03, 2023, 02:39:24 PM

Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Agree with your first few points but your last wish to include your friends, family and relatives in your success meaning that you will be distributing your winnings among them too seems to be a bit too generous and i don't think you should do it. Yeah, if someone is really poor and needs urgent money, you may give him as a loan but giving away free money may have many bad effects in the long run. One of the disadvantages of giving free money is that the receiver sometimes thinks that you should keep giving him all the time and develop unrealistic expectations from us.

Also, if next time you do not give any money to him, he may become angry with you and it may go as wrong as having a bad relationship with that person whom you have helped once. Shocked

Its not really that bad to be generous specially we are talking about family members but on relatives and friends? I wont really be surely be putting up that kind of consideration. I would really be definitely be putting up emphasis or importance with my own family and giving on their needs or wants of course but considering other people? Its never been my consideration.
When it comes to financial management then it would really be that something crucial because those winnings might really be that significant then it would really be needing for you to be wise
on how you should gonna spend it or allocate into business.

Majority of people would really be considering on buying this and buying that without minding about their future or tomorrow and on the time comes that they do have
only small amount of money then this is where regret do kicks in. Dont let that time come and be wise with your spending because money is really just that
temporal and if you arent that good on handling it then expect for these things to happen.

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Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

Agree with your first few points but your last wish to include your friends, family and relatives in your success meaning that you will be distributing your winnings among them too seems to be a bit too generous and i don't think you should do it. Yeah, if someone is really poor and needs urgent money, you may give him as a loan but giving away free money may have many bad effects in the long run. One of the disadvantages of giving free money is that the receiver sometimes thinks that you should keep giving him all the time and develop unrealistic expectations from us.

Also, if next time you do not give any money to him, he may become angry with you and it may go as wrong as having a bad relationship with that person whom you have helped once. Shocked

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Quote from: Orpichukwu on November 03, 2023, 11:37:49 AM

Quote from: passwordnow on October 17, 2023, 03:42:25 AM

This story shows that if we've won the lottery jackpot or any gambling game and it seems to be a huge amount, money is quickly going to be gone if we don't spend it wisely. Maybe you owe a lot of people because they've helped you but it's better if you just leave it as is because that's forever in your heart and you'll remember that forever. But if you want to give back to them, make sure that you're not giving all to them.

The first mistake that people who win the lottery always make is thinking they owe society a lot just because they won that money from the lottery, which appears to be unexpected money, and they need to spend it without looking back. That's the first mistake many winners always make. Another is thinking you need to settle all your circles of friends with that winning in order for them to look at you in a positive way.

There is no crime in giving, but before you start distributing money, just note that a large amount of money is often misused by the owner if care is not taken. This is because they believe that the money will never run out and they have more to spend. The best thing for a wise person to do is not to start distributing money to anyone until you have mapped out a business plan that will bring in a stable cash flow for you.

If you fail to plan well, those who you spent the money with when it was there will still be among those who will mock and laugh at your misfortune for being a careless spender. That's why you need to advise yourself and don't worry about what other people think.

That's one of the reason if the winner can't contain their excitements, they didn't think properly because the only thing that matters to them is the reality that they won and the feeling of being obligated to share or to give some parts of the prizes to others, which is somehow acceptable but It should be distributed fairly. Having a poor financial decision and actions will lead you to some thing that you might regret in the future so it's better to have a smart plan when Huge amount of money involves.

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Quote from: passwordnow on October 17, 2023, 03:42:25 AM

This story shows that if we've won the lottery jackpot or any gambling game and it seems to be a huge amount, money is quickly going to be gone if we don't spend it wisely. Maybe you owe a lot of people because they've helped you but it's better if you just leave it as is because that's forever in your heart and you'll remember that forever. But if you want to give back to them, make sure that you're not giving all to them.

The first mistake that people who win the lottery always make is thinking they owe society a lot just because they won that money from the lottery, which appears to be unexpected money, and they need to spend it without looking back. That's the first mistake many winners always make. Another is thinking you need to settle all your circles of friends with that winning in order for them to look at you in a positive way.

There is no crime in giving, but before you start distributing money, just note that a large amount of money is often misused by the owner if care is not taken. This is because they believe that the money will never run out and they have more to spend. The best thing for a wise person to do is not to start distributing money to anyone until you have mapped out a business plan that will bring in a stable cash flow for you.

If you fail to plan well, those who you spent the money with when it was there will still be among those who will mock and laugh at your misfortune for being a careless spender. That's why you need to advise yourself and don't worry about what other people think.

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Quote from: Webetcoins on November 03, 2023, 05:03:53 AM

Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

You can do all that pretty easily but only if you are not a regular gambler and you have won that amount just by trying your luck in gambling or a lottery just like that, or maybe you do it but occasionally. However, if you are a regular gambler, you will barely be able to stop gambling no matter how much money you've won. Do you know what you will think? You will say to yourself that if you could win such a big amount with just a small amount, what you can win if you use a large amount and bigger bets? And then you will gamble more with bigger bets and if you don't stop, you might even end up losing everything in it.

So, all these plans and everything are for people who are not regular or addicted gamblers but those who gamble but do it with discipline and care and barely spend more money than they are supposed to lose in gambling. Only such people can make full use of the money they've won from the lottery or a gambling game.

The thinking behind it is definitely shady; believing in exponential gains always ends in a downhill spiral. The problem here is the tempting belief that bigger risks are worth taking in order to win big, which is clearly not true. This kind of behavior is definitely dangerous because it goes against the rules of safe gambling.

Also, your explanation of the difference between a casual bettor and an addict is very helpful. A big part of safe gambling is being disciplined enough to set limits and stick to them. The seriousness of your words serves as a warning that getting a windfall should be approached with care and wisdom, so that the gains are protected and used wisely.

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Quote from: 0t3p0t on October 31, 2023, 05:33:00 AM

Quote

What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success?

First, I will stop gambling. Second, I will invest on Bitcoin, silver and gold coins and real estate. Third, build my dream house, buy a car, and my hobbies like guns. I prioritize needs before buying my wants. I also want to include my family, relatives and friends in my success.

You can do all that pretty easily but only if you are not a regular gambler and you have won that amount just by trying your luck in gambling or a lottery just like that, or maybe you do it but occasionally. However, if you are a regular gambler, you will barely be able to stop gambling no matter how much money you've won. Do you know what you will think? You will say to yourself that if you could win such a big amount with just a small amount, what you can win if you use a large amount and bigger bets? And then you will gamble more with bigger bets and if you don't stop, you might even end up losing everything in it.

So, all these plans and everything are for people who are not regular or addicted gamblers but those who gamble but do it with discipline and care and barely spend more money than they are supposed to lose in gambling. Only such people can make full use of the money they've won from the lottery or a gambling game.

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Quote from: stomachgrowls on November 02, 2023, 02:22:30 PM

Quote from: Slow death on October 31, 2023, 05:58:49 PM

In recent months, what I have observed is that most people who earn a lot of money from gambling tend to use the money they earn in such a way that the money runs out quickly. It seems like they have never taken money in their lives, they don't buy a house, they don't buy cheap cars, they spend money in luxury hotels and on trips with women, they abandon their families and years later when they appear on TV it's because they're broke again. It's something I've seen happen even with sports betting winners in my country. yesterday in my country there was a guy who committed suicide because the guy put a lot of money into gambling and lost everything

until now no one knows the origin of the money he used to gamble, but because he committed suicide, it can be assumed that he used money he could not afford to lose, the cases of people who put money they cannot afford to lose The luxury of losing in my country is becoming scary. This is because when they earn a lot of money, they soon run to a luxurious life and other people start to copy them too, and put in a lot of money because that way, when they earn a lot, they will be rich. It's unbelievable that they can have the cruelty to abandon their families when they win a lot of money gambling.

I start to think why people change so quickly when they have money, people become unrecognizable. They start to talk differently, they dress differently. It's something shocking what I've seen with lottery winners. And the saddest thing is that these winners of gambling games earn a lot of money and become poor in a few years and hardly show any regret

We know that on the time that we do able to held up a money on which it wasnt really that happened before or in our entire life then spike of emotions would really be there considering that this is a life changing moment
and its normal that you would really be thinking on buying up first on the things that you do want or wish more but it turns out that it is really that too much or not really that have sense anymore which buying on whatever you do have in mind is something that needs to be controlled.I do agree that majority of those people who do win jackpots or big amount on gambling will definitely be ending up on spending up those money back into the
gambling site or physical casino or whatever that involves gambling.

They would really be able to know and realize when its already too late on which they should really have done earlier. Well, regrets do always come at the end and once you have gone bankrupt again then there's no turning back and you would really be having that regret for the rest of your life basing up on how much money you had lost up or wasted up which you should supposedly to make use on the right way for you on not to
make yourself again on being poor or on average person in terms of finances. You would really be that ending up on a disaster if you do really tolerate out that kind of behavior.
Not all winners like this though yet there are ones who are really that minding about financial management because they dont like on being poor once again.

Just like in my case on which i had won up some small amount on some mini-lottery type of game here in our place or country which you could be able to bet up 3 digit numbers and
winning some amounts basing up on how much you had bet and on the time that i have win up some considerable amounts then the primary thing that i do have in mind is to buy up a mobile phone
and a motorcycle on which other people will really be thinking about having investment or would be saving up for emergency purpose which i do agree on what you have said that
its easier to say than doing it on which means that it all matters with the control of a certain individual. Later on when i do make again some hits then i do save up the money and never ever tend to waste it up again.
Yes, these amounts had been earnt on the fastest way but doesnt mean that you would be spending it on the fastest way too, there's so much things that you do need to consider before making such action.

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Quote from: Slow death on October 31, 2023, 05:58:49 PM

In recent months, what I have observed is that most people who earn a lot of money from gambling tend to use the money they earn in such a way that the money runs out quickly. It seems like they have never taken money in their lives, they don't buy a house, they don't buy cheap cars, they spend money in luxury hotels and on trips with women, they abandon their families and years later when they appear on TV it's because they're broke again. It's something I've seen happen even with sports betting winners in my country. yesterday in my country there was a guy who committed suicide because the guy put a lot of money into gambling and lost everything

until now no one knows the origin of the money he used to gamble, but because he committed suicide, it can be assumed that he used money he could not afford to lose, the cases of people who put money they cannot afford to lose The luxury of losing in my country is becoming scary. This is because when they earn a lot of money, they soon run to a luxurious life and other people start to copy them too, and put in a lot of money because that way, when they earn a lot, they will be rich. It's unbelievable that they can have the cruelty to abandon their families when they win a lot of money gambling.

I start to think why people change so quickly when they have money, people become unrecognizable. They start to talk differently, they dress differently. It's something shocking what I've seen with lottery winners. And the saddest thing is that these winners of gambling games earn a lot of money and become poor in a few years and hardly show any regret

We know that on the time that we do able to held up a money on which it wasnt really that happened before or in our entire life then spike of emotions would really be there considering that this is a life changing moment
and its normal that you would really be thinking on buying up first on the things that you do want or wish more but it turns out that it is really that too much or not really that have sense anymore which buying on whatever you do have in mind is something that needs to be controlled.I do agree that majority of those people who do win jackpots or big amount on gambling will definitely be ending up on spending up those money back into the
gambling site or physical casino or whatever that involves gambling.

They would really be able to know and realize when its already too late on which they should really have done earlier. Well, regrets do always come at the end and once you have gone bankrupt again then there's no turning back and you would really be having that regret for the rest of your life basing up on how much money you had lost up or wasted up which you should supposedly to make use on the right way for you on not to
make yourself again on being poor or on average person in terms of finances. You would really be that ending up on a disaster if you do really tolerate out that kind of behavior.
Not all winners like this though yet there are ones who are really that minding about financial management because they dont like on being poor once again.

Topic: A person who won 600k$ in lottery (Read 2430 times)