I've been saying this like a thousand times already: money isn't the real issue here; it's the folks who don't know how to handle it properly! Seriously, if people had a better grasp on managing their finances, things would be so much smoother.
I think the real problem from the start lies in the fact that a bunch of folks, who lack self-control and financial know-how, are the ones playing the lottery and buying most of the tickets. And let's face it, things take a wild turn when these same individuals end up winning big bucks they have no clue how to handle. It's a whole new ballgame then!
Topic: A person who won 600k$ in lottery - page 19. (Read 2153 times)
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That means if we can win the lottery jackpot, which is a lot of money, we can use it for the things we need in life and also be able to better prepare for the future. At the very least, we have to prepare our children's lives so that they don't have the same difficulties as we do.
The man in the story experiences a mistake by not properly preparing for his future even though he has won money from the lottery jackpot. And even though it's too late to realize his mistake, at least he wants to rise from his slump to be able to survive and start preparing everything for his future so he can be better.
The man in the story experiences a mistake by not properly preparing for his future even though he has won money from the lottery jackpot. And even though it's too late to realize his mistake, at least he wants to rise from his slump to be able to survive and start preparing everything for his future so he can be better.
$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.
Sounds like the guy involved in the OP’s post sadly wasn’t prepared or made for money.
It is great that this guy won after 10 years and it is also great that this guy wanted to help people but as soon as he saw someone not paying him he should have not borrowed or lend more money to these people who were arrogant and were only trying to cheat on his heart and goodwill.
Another thing is that with that kind of money you don't have fun without thinking,you should invest in some real estate which is something that only increase in value while he should have continued to deal with these vegetables.
Another thing is that with that kind of money you don't have fun without thinking,you should invest in some real estate which is something that only increase in value while he should have continued to deal with these vegetables.
The more you gamble, the more money you will lose. So if you want to talk about gambling and investing, both of them are contradicts each other.
Even you're won $600K in lottery, you want to start to create your own business or invest your money, it's not always success and you will make money as fast as you lose money through gambling.
Even you're won $600K in lottery, you want to start to create your own business or invest your money, it's not always success and you will make money as fast as you lose money through gambling.
Sad story! Regardless of how much you earn if it is not well managed it will be mismanaged and become nothing. The first mistake he made was to announce his win to the entire community. Immediately after he did that, people will begin to devise means to defraud him. The next mistake he made was to spend his money on luxury, especially cars and jewelry. These items are not assets because they cannot generate income. The next mistake was to lend money to people without collateral or guarantees. People will feel that he still has more, so there was no need to repay the loan. The world is filled with dishonest people that don't keep their word.
These rents provided him with payments for his expenses and payments for his dues and daily needs. Through his apartment he got a source of his income and hope. This is what gave him the strength to persevere in getting up in life. He had a chance to start over and build a foundation for his future.
I appreciate his liberality. Feeding the poor is a good course and the community will always remember his kind gesture. He was also fortunate to own a house that he could rent and get some income to meet his daily needs. It seems real estate is a good business in your area. If he had bought more houses, he won't have lost most of his funds. I am sure he has learned his lessons. With his experience, he will not make the mistake he made before. 
If there is one thing that a person who won a lottery, he should step away from the crowd. Because for sure there will be free loader, all your families and relatives will be at your doorsteps every day. And if you refuse to help, they will say that you are arrogant and because of money, you have change a lot.
On the other hand, if you give everyone, then what will be left of you? That's why it's better to just get out of that block and just disappear for good, just saying. Sometimes it is the curse of winning in lottery.
https://www.lovemoney.com/galleries/64958/lottery-winners-who-won-millions-but-ended-up-with-nothing?page=1
On the other hand, if you give everyone, then what will be left of you? That's why it's better to just get out of that block and just disappear for good, just saying. Sometimes it is the curse of winning in lottery.
Quote
Believe it or not, statistics show 70% of lottery winners end up broke and a third go on to declare bankruptcy, according to the National Endowment for Financial Education. Runaway spending, toxic investments and poor accounting can burn through a lucrative windfall in next to no time. From (relative) rags to riches then back to rags again, read on for the stories of the lottery winners who found this out the hard way. All dollar values in US dollars.
https://www.lovemoney.com/galleries/64958/lottery-winners-who-won-millions-but-ended-up-with-nothing?page=1
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? There is a seller in the market who if you ask him, he will never be stingy with the money he will win. This is the reason why the luck with which he achieved success withered like a vegetable and disappeared like a bubble. This person is known as a helpful and caring person as he sells vegetables. And when he was making a profit from his sold vegetables, he never lost his mind to bet on the lottery every day for 10 years.
yes, you're right after 10 years of patiently betting on the lottery he unexpectedly pulled out the numbers he always bet on the lottery worth around 600k$ more. The joy on his face is indescribable. Because this is an unusual event in his life. In his nature of being helpful and caring for his family, he did not forget to help and reach them with the amount he won in the lottery.
After achieving this success, he bought his masion in their province, bought household items, fancy cars and jewelry. In addition to this, because this person has a big helpful heart, he fed the entire market where he used to sell vegetables and said goodbye to the barangay that covers it.
But as they say, a kind person is often abused. Because of his kindness, many people came forward and borrowed money. Because he can't say no, he gives the help that is asked of him. And over the years these debts were not paid to him. This caused disappointment and regret in his heart. Although he has goodness in his heart and intentions that are good for others, And this caused him resentment and sadness towards those who did not keep their promises to him.
In short, he became a victim of people who were arrogant towards others. And in an instant, his luck gradually disappeared as if he had become a withered vegetable, at the beginning he was happy with his success and the large amount of money he won. But with the passage of time and expenses careless decisions resulted in the loss of his wealth. he had expensive expenses such as buying a mansion house, cars and other properties.
He also did not invest or plan properly for his future. Instead of having a proper management of his money he had fun and didn't think deeply. This slightly distressed story again shows importance and responsible handling of money. Winning the lottery is no reason to lose financial self-discipline and proper planning. It is important to have proper planning for the future to avoid. such situations.
This is also a reminder that money should be valued, and planned wisely, the loss of his wealth is a lesson that no matter how much we receive can be used up if we do not keep and manage properly. Even though his money was exhausted, something opened his mind in the midst of the hardship he was facing, the remaining apartment he owned. Despite the trials, he had hope to get back up little by little by using his remaining property. Because of the rest of his property, he thought of allocating income and time to repair and rent it so he improved it. Because of his. determination, he gradually entered his rent. He did get sane and responsible tenants who were running a good profit from
in the apartment.
These rents provided him with payments for his expenses and payments for his dues and daily needs. Through his apartment he got a source of his income and hope. This is what gave him the strength to persevere in getting up in life. He had a chance to start over and build a foundation for his future.
yes, you're right after 10 years of patiently betting on the lottery he unexpectedly pulled out the numbers he always bet on the lottery worth around 600k$ more. The joy on his face is indescribable. Because this is an unusual event in his life. In his nature of being helpful and caring for his family, he did not forget to help and reach them with the amount he won in the lottery.
After achieving this success, he bought his masion in their province, bought household items, fancy cars and jewelry. In addition to this, because this person has a big helpful heart, he fed the entire market where he used to sell vegetables and said goodbye to the barangay that covers it.
But as they say, a kind person is often abused. Because of his kindness, many people came forward and borrowed money. Because he can't say no, he gives the help that is asked of him. And over the years these debts were not paid to him. This caused disappointment and regret in his heart. Although he has goodness in his heart and intentions that are good for others, And this caused him resentment and sadness towards those who did not keep their promises to him.
In short, he became a victim of people who were arrogant towards others. And in an instant, his luck gradually disappeared as if he had become a withered vegetable, at the beginning he was happy with his success and the large amount of money he won. But with the passage of time and expenses careless decisions resulted in the loss of his wealth. he had expensive expenses such as buying a mansion house, cars and other properties.
He also did not invest or plan properly for his future. Instead of having a proper management of his money he had fun and didn't think deeply. This slightly distressed story again shows importance and responsible handling of money. Winning the lottery is no reason to lose financial self-discipline and proper planning. It is important to have proper planning for the future to avoid. such situations.
This is also a reminder that money should be valued, and planned wisely, the loss of his wealth is a lesson that no matter how much we receive can be used up if we do not keep and manage properly. Even though his money was exhausted, something opened his mind in the midst of the hardship he was facing, the remaining apartment he owned. Despite the trials, he had hope to get back up little by little by using his remaining property. Because of the rest of his property, he thought of allocating income and time to repair and rent it so he improved it. Because of his. determination, he gradually entered his rent. He did get sane and responsible tenants who were running a good profit from
in the apartment.
These rents provided him with payments for his expenses and payments for his dues and daily needs. Through his apartment he got a source of his income and hope. This is what gave him the strength to persevere in getting up in life. He had a chance to start over and build a foundation for his future.
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