Topic: A person who won 600k$ in lottery - page 10. (Read 2153 times)

The majority of those which win the lottery immediately think about spending that money and they never even consider investing part of it, which is a huge mistake as someone that invested half of that money in bitcoin will probably experiment greater profits than their lottery win if they were willing to hold those coins for a few years, and in a way this demonstrates how saving and becoming a good investor is a superior choice than simply relying on your luck, as a good investor given enough savings and enough time should be able to produce more money than that.

You are right because by managing the winning money as well as possible, we can get the opportunity to realize our dream of starting a business or business that we want to build. And we can also invest like everyone else. If we are already familiar with bitcoin and want to have even bigger bitcoin investments, we can immediately buy it regularly because now we already have the money. And if I am the lottery ticket winner, I will also use half of the winning money to invest in bitcoin and use the rest for the necessities of life and preparation for my family's future.

We should have plans for our families, especially since we have won the lottery, which is a lot. And we no longer need to worry about the future because we can prepare for it by using that money. And with good planning, we can change our lives for the better.

Someone will buy Bitcoin and someone will invest in his business, but the main thing is that he must use the money, he need to use for some profitable and reliable purpose. Because money is not always with everyone. Again, no one can win a bet or win a lottery constantly. Therefore, the winnings should be invested somewhere from where he can later receive the money as a source of income. This investment does not harm any traditional business or investing in Bitcoin. But the mistake that many make is that they lost their winning money by gambling or other unnecessary activity and faces a bad time.

Whether owning investment assets or even winning from gambling must always be kept secret or really be strictly guarded privacy.
Of these two things, when other people hear it, it can also endanger what we currently have because not everyone has good intentions for us and some of them are always looking for loopholes to be able to gain their personal benefits.
There have been several cases where an investor was hacked and all of his investment assets were taken because he had made a mistake by uploading a number of uploads regarding the investment assets he owned.
Likewise with a gambler who is deprived or stolen from his winnings because he publishes what he has obtained from gambling.

Therefore we must manage money as well as possible so that we are not exposed to things that are detrimental to ourselves, because it is not certain that in the future we will always win the lottery, agree with your opinion if I win. I will use part of the lottery to buy bitcoins for investment and if the price of bitcoins is high, I will sell them immediately. So someone will learn on their own to be able to manage their finances well and use them only for necessities.

That is the way the lottery works, in the majority of the gambling games finding winners that got some small profits is not so rare as the chances to win are decent, however when the odds of wining the lottery are one in a million or even worse than that then this means there are very few winners, and anyone actually thinking on winning the lottery could spend their lives buying lottery tickets and they will still fail to reach their goal.

Yes keeping privacy on this kind of winning is the wisest thing to do to avoid over spending trying to show the love to to many people who are fellow gamblers that want to share in the joy,  600k is a huge amount that of properly used could change the entire life of the person.
Investment is also a very good approach to saving money and the best form of investment in this kind of situation that will limit public notice is to invest in digital goods/assets like Bitcoin,  that way you maintain your privacy because nobody will know what you owned.

Lottery is about how lucky one can be in a day, a week, a month and probably year. I totally abstain from lottery the day I got my bank account liquidated because I was hoping to earn gigantic sums from lottery, the system kept draining me little by little, stage by stage and tearing down my every piece of winning. Sometimes I often wonder if all these news spreading are true? Because I've never seen one that won this high figures in lottery, the one around keeps earning little change which can not be compared to what they have actually lost in lottery.

Your a little bit harsh on him mate, cut him some him slack, would ya?
You know, he still deserves that victory no matter how big or small that was because he took a risk for it. But on the other side, or should I say dark side, I completely agree with you because that is how the reality works and the world will not stop for you just to congratulate you on what have done because the thing is, nobody really cares about it and they never will.

But anyway, I still dream of winning the lottery because I entered a lottery at a local shop near my neighborhood. There are various prizes such as cash, television, and so on. Perhaps I haven't been able to get the jackpot prize in the form of cash, but if I can get other prizes, I will accept it

But I sometimes also bet on the lottery by entrusting it to a friend I trust to buy it. So far, no results, and I can't imagine having to wait 10 years to win the jackpot.

If you mean staking, I do that too. It was extra money for me

hahaha, you mean generating income without working ? that is a passive income and I believe that this is not how you meant in your definition or at least the grammar you used , but ok lets set aside that thing because we are coming off topic now.
but you have just give the example above that we can generate money while sitting and relaxing?
like me I am making money while Holding my coins.

Reason, why many people would like to try their risk with the lottery, is because of the large amount of prize pool, every time there's a person who win almost 320k$ just hitting the jackpot and if you got luck you can solo price or equally divided to all of the winners, there's some joke right here in my country unexpectedly the person manage to win the jackpot and another day there's another winner or it and after that week there's a winner again in the history of gambling of lottery here in my country its rarely seen there's a winner always manage to win the jackpot everyday and people doing some joke like the host itself makes an under the table transactions. To verify this no one knows just people keep doing fun in the facebook page.

They are not investors, and they buy lottery tickets only because of the desire and hope to win the jackpot as the main prize of the lottery ticket. But some can make money doing something like work, so they can allocate some money to buy lottery tickets regularly. And from there, they hope to win the lottery jackpot and keep buying lottery tickets until they win.

And when they win, they may change their lifestyle according to the money they get from the lottery ticket jackpot. But if that person can be wise by using his money well, he will not change his lifestyle just because he has succeeded in becoming a winner, but he will stick with a simple lifestyle and use his money for future needs. He will only take some money for his daily needs and nothing more, and he probably won't gamble anymore either because, with that money, he wants to have something that can make more money. Thus, that person can use the winning money well and not buy lottery tickets again.

And if he can't use his winnings well, he's bound to lose money fast without being able to allocate his money properly. He would only regret it losing the money.

They will find it difficult to win if they continue to gamble because their luck may have left them. He had to realize that when he could win a lot, he should have immediately withdrawn the money and left the casino a few days later. And with that big winning money, he can live his life without flaws and prepare well for his future. They might appreciate their life more by making all kinds of preparations for their future rather than gambling. They want to be a winner again because they realize it must be difficult.

Is that true? What you say is in line with what I said. Think about it. Money that works for us means that we have a source of income that can produce money for us without us having to work. The source of income is not a place to make money. You have to pay attention to how multi-millionaires with a source of income can make money for themselves while just relaxing and enjoying life.

If we do nothing and have no source of income, we cannot have money. We have to work to earn money. Meanwhile, he says, "let your money work for you and not you work for money." What do you think it means?

You've made "some significant profits" betting on football games, and that really impresses me. I'll clap my hands slowly for you. But the truth is, you're not special. And as for the lotto winner who scooped up a staggering $600k, it's a fool's paradise. Don't you understand? These procedures are created so that the casino wins! Every. Single. Time

Therefore, keep in mind this when you're busy congratulating yourself on your small victories: You're still complying with their rules. You'll be left perplexed when they decide to alter the game and wondering what went wrong

Yes, it's a great gift, if we can't manage it, it's clear that the money will be used up for something useless, especially considering that if the money is not used for the right things, for example investing and only used to buy and splurge or to pay for life, it won't useful too, just waiting for the time for the money to run out. but if it is used properly, of course everything will be controlled besides there is money going out as well as money coming in, for example from investments.

I, if I were the one who won the lottery that big, I would definitely buy bitcoin for investment in the next one or two years where I believe that the price of bitcoin will increase sharply, so it's not wrong to save and buy it cheap now, if necessary I will pay someone to arrange and manage my finances so that not too much money runs out of something unnecessary.

I say, it's good he bought the apartment and other stuff right away. Buying lottery tickets for 10 years, finally winning $600k, and having nothing from that? Luckily, it didn't happen to him. As you said, "winning the lottery is no reason to lose financial self-discipline", and the guy didn't. I think he knew most of his debtors won't return anything, and made himself covered for this situation. A wise guy he is.

Overall in gambling we mainly deal with two problems: managing our balance while playing and distributing the won money in the case of winning. This guy did both things right. He never went bankrupt while playing lottery for 10 years and he wisely distributed his winnings.

It's really cool for someone to win 600k in the lottery so all you have to do for that person is shut up, don't tell anyone but your family, use the money for your daily needs and maybe we can invest some for the future. . need.
On the other hand, gambling is risking the money we have, both big and small, which we will bet because basically someone will never be satisfied with winning just once, maybe he will continue to gamble, so of course we have to be careful. wise in managing our own money.

you missed interpret  what he said , it is not about us not to work to earn money because we cannot have money if we do nothing and just wait for this to come in our hands , what he said is never let money work for us .
of course. those who understand this will only apply and never expect those who did not.
having not just a plan , but motivation and pursuing , nothing comes free we all have to work for it

Very few gamblers can do this, and if anything it would not surprise me that someone which won so much money thought they could earn even more if they kept gambling, and this is because even if that is an amount big enough to sustain someone for the rest of their lives if they are living in a country that is still in development, since they do not know how much effort is needed to actually earn so much money, it is easy for them to lose it as fast as they won it.

Winning is the ultimate targets of every gambler who seeks to be successful in the gambling space. They scout out enough time to make good analysis concerning their gambling activities, because it's broad and a gambler concentrate on certain sectors. A person who won a whooping sum of $600k profits from lottery, that's exactly how lucks works. That rarely happen these present days because the lottery is fixed by the sponsors and basically not according the gamblers prediction. We take responsibilities for whatever outcomes that comes, it's barely a month and I've made some significant profits from gambling on football games, I don't focused on lotteries because it's not my thing and I've strong feeling that it's extreme difficult, highly based on guessing and hope.