A person who won 600k$ in lottery - page 2.

LUCKMCFLY

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Quote from: Hirose UK on October 25, 2023, 03:22:33 AM

Quote from: Assface16678 on October 25, 2023, 02:48:45 AM

Quote from: Betwrong on October 10, 2023, 05:37:46 AM

Quote from: LUCKMCFLY on October 07, 2023, 03:55:56 PM

Quote from: Betwrong on October 03, 2023, 06:44:18 AM

~snip~

Yes, because with buying a nice house and a good car you've spent some money on yourself already, right? And that's not a small amount of money, to say the truth, that can easily take almost all of your won money. I'm not a big fan of cars, so, can't say about that, but I know that a nice house can cost you half a million USD, and I'm not talking about the most expensive ones. An average price in California is $780,000, for example, so, $600k wouldn't be enough.

And I totally agree with you about investing the rest of the money in Bitcoin. Especially today, when the price is low.

What if that person doesn't have an idea when it comes to bitcoin? So what you've said about "investing the rest of the money in Bitcoin" is not applicable to all people who don't have a slight idea about it. But maybe for some people like us that are prominent in the field of cryptocurrency or bitcoin, the number one thing that we will do is invest some or a large amount of our winnings in bitcoin because we see the potential profit in bitcoin, which is good timing right now. But treating yourself to some luxury things will not be bad, either because you deserve it or because the winner deserves it. Just control the expenses and buy only the things that you necessarily need. How I will I will win in lottery I already have plans on how will I spend some and how will I invest some.

That impossible I sure 90% of people in various countries know about Bitcoin but not all of them believe in the value usefulness and use of Bitcoin.
There has also been a lot of education about crypto especially Bitcoin in various circles except for most of the rich people out there who have used Bitcoin as one of their investment assets because it is very profitable.

If what we are talking about is in year 2015 and under then I believe that not many people know about Bitcoin but now this is the modern era which has developed more rapidly.
It impossible for rich people not to know about Bitcoin.

If you think carefully about it using some of your winnings from gambling to invest is wise decision.
If I personally got the win I would definitely use some of it to invest in crypto especially Bitcoin.

Well if you put it in that plane, yes, you are right, the casino profits should not be used to buy, to enjoy the profits, not to reinvest them and place them in the casino, because it does not make sense, things when they are not very detailed To do what Corresponds to what should be done in a casino you have to go towards what we know as a good management of risks, and of our money, I always make the first option before playing my destiny at risk. perer and if I win, I immediately repeat it, as you say to enjoy that money, to buy, and one of the best investments that can be made is to buy bitcoin, in addition we all know that the eahroa bitcoin is being very prominent, it has a lot to do and they talk a lot about the same crypto currency, for many it is new, for bulls that are new and think that it is going to go to about $100k they have no doubt in buying, that is a right decision, I would not say that any of these things are completely true that bitocin could rise , but if it will, when? It is not known, but he will do it for sure.

I am one of those who consider that Bticoin is one of the assets that we must have in our investments , and the more that can be purchased it seems much better to me , because this only completes the action of being able to have savings for a lifetime, That is something that we must see and consider as insurance better than a retirement or better than anything else, that is what guarantees us the best insurance for everything, I think that things when dealing with bitcoin are clearer for people. They get a little reluctant when they don't know bitcoin, because they think it's a lie, or that they're going to be Scammed , it's difficult to get people to buy bitcoin and believe in bitcoin after they see the news and it poisons their mind to everything, then you couldn't do Anything else but that, I would say that it can be done very well when you Need to have money.

Slow death

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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

AicecreaME

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Quote from: moneystery on October 31, 2023, 03:02:32 AM

but the reality is that most people who win big waste their money on things they don't need. they use their money to buy luxury things that they wanted in the past such as cars, houses, etc. the result is as you said, when their money runs out they are confused about getting more money and in the end they sell their assets to cover all their needs and when everything goes wrong they end up bankrupt. this is the reason why when someone wins big, they need to hire a financial manager or investment manager to be able to manage their money so that with this they can manage the money from their gambling winnings well and with more direction.

This is the harsh reality of those people who got rich quickly that has no prior knowledge about financial aspects. It's a very rare opportunity to win a huge amount nowadays in a snap. Being lucky enough to have 600,000 dollars at your disposal is really a blessing especially if you aren't well-off to begin with. With this amount, you can do so much for the long term. However, some people who aren't really financial literate, they tend to overspend to heal their inner child without prioritizing the necessities and saving for the future.

It's okay to purchase car, and a house and lot. These things can be an asset and not a liability if the owner will make a way for these things to generate income. At some point it can be an investment too since the price of house and lot continuously increase as years pass by. Car can be used for personal matters and can be rented to generate profit. Buying some luxurious things is tolerable too, only if the amount will not hurt the budget and will be of good use. Perhaps this can be treated as a reward for yourself as long as it is only for a few times expenditure. This way, you can enjoy your winnings too. But of course, everything needs to be listed accordingly. You can heal your inner child and buy some things that you want and the things you need without being a one-day millionaire. Proper budget allocation is the key. If you will prioritize what's urgently needed to what isn't, you will not end up being bankrupt and you won't have to sell what you bought just to have money once again.

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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.

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Quote from: piebeyb on October 31, 2023, 05:14:26 AM

Quote from: Betwrong on October 31, 2023, 02:38:33 AM

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

Yes, it's true that buying bitcoin is the best investment, let alone gold, but I think when you get big money from a lottery win that big, you need something called a financial advisor so that the money doesn't run out for nothing, even though investment is important, turning that money into a business would be better. This is even better because there is a circulation of money and income is very important, because money can run out for life's needs if it is not accompanied by income.

Does that mean we have to look for an advisor and will continue to use the services of an advisor to determine how we manage the money we have?
This is not a bad idea but doing something like that means we also have to look for someone we can really trust because he will also know how much and where we store all our existing assets, I actually think this will be difficult and provides little risk because finding people who are truly trustworthy is very difficult.

It is better to immediately use most of the winning money as an investment in several Crypto assets such as BTC or in shares that have a high value and fairly brilliant long-term investment guarantee.

Quote

I think it is also important to build a business from winnings apart from investing in bitcoin or gold because that way life can be calmer and you can stop all kinds of gambling, 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.

But to build business we need to learn lot about running business and how to overcome every problem that might occur in a business that we build.
Building business is not as easy as we imagine because if we only rely on money without any experience or knowledge then everything will be in vain because we will only rely on people to solve every situation we have to face.

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Quote from: moneystery on October 31, 2023, 03:02:32 AM

Quote from: btc78 on October 31, 2023, 01:05:36 AM

It is not his kindness that make him giver but His ego and wanted a popularization , because helping is normal but if you are giving everything even the food for the mouth of your family then that is completely a bad attitude.
the man is truly a Big headed person that don't know how to value His winning , buying luxurious things when you did not established a Business to cover your daily expenses is a stupid idea.
how can you sustain a luxurious living when all the winnings are just being spend and nothing comes back? that is the problem in most Lottery winner that just enjoyed their Happy days for couple of years and ending going back being poor person, money is never permanent not unless we knew how to earn it back.

but the reality is that most people who win big waste their money on things they don't need. they use their money to buy luxury things that they wanted in the past such as cars, houses, etc. the result is as you said, when their money runs out they are confused about getting more money and in the end they sell their assets to cover all their needs and when everything goes wrong they end up bankrupt. this is the reason why when someone wins big, they need to hire a financial manager or investment manager to be able to manage their money so that with this they can manage the money from their gambling winnings well and with more direction.

Hiring a financial or investment manager is a good idea, but this is if the person in question who won the big amount of money has no sense of his or her own, has no vision of his or her own, and also, have no future plans of his or her own.

Someone like me need no financial or investment manager even if I win $10 billion dollars from lottery, I already have plans of what I want to achieve laid down, I have plans of businesses I want to build laid down, what I am waiting for now is for the money to start the process to come.

It is commonly said that, lack of planning is planning to fail, so, this simply means that, as a person, you are either planning to succeed by planning, or planning to fail, by not planning.

Reason why some people who are lucky enough to win the lottery end up being broke, is due to lack of vision, lack of goals. If someone with a good vision and plan for the future wins the lottery, he or she may never ever know poverty again because, he or she will sure make good use of the money with or without a financial or investment manager.

piebeyb

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Quote from: Betwrong on October 31, 2023, 02:38:33 AM

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

Yes, it's true that buying bitcoin is the best investment, let alone gold, but I think when you get big money from a lottery win that big, you need something called a financial advisor so that the money doesn't run out for nothing, even though investment is important, turning that money into a business would be better. This is even better because there is a circulation of money and income is very important, because money can run out for life's needs if it is not accompanied by income.

I think it is also important to build a business from winnings apart from investing in bitcoin or gold because that way life can be calmer and you can stop all kinds of gambling, 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.

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Quote from: moneystery on October 31, 2023, 03:02:32 AM

Quote from: btc78 on October 31, 2023, 01:05:36 AM

It is not his kindness that make him giver but His ego and wanted a popularization , because helping is normal but if you are giving everything even the food for the mouth of your family then that is completely a bad attitude.
the man is truly a Big headed person that don't know how to value His winning , buying luxurious things when you did not established a Business to cover your daily expenses is a stupid idea.
how can you sustain a luxurious living when all the winnings are just being spend and nothing comes back? that is the problem in most Lottery winner that just enjoyed their Happy days for couple of years and ending going back being poor person, money is never permanent not unless we knew how to earn it back.

but the reality is that most people who win big waste their money on things they don't need. they use their money to buy luxury things that they wanted in the past such as cars, houses, etc. the result is as you said, when their money runs out they are confused about getting more money and in the end they sell their assets to cover all their needs and when everything goes wrong they end up bankrupt. this is the reason why when someone wins big, they need to hire a financial manager or investment manager to be able to manage their money so that with this they can manage the money from their gambling winnings well and with more direction.

Yes, it's understandable if they waste their money on things they don't need because they've never had much money. Once they have the opportunity to have a lot of money, they use all their money to buy things they don't need instead of preparing for the future by creating a new business that can provide income for them. We have to take lessons from them so that if we can win the lottery or other gambling games and it is big money, we have to think about our future. It is better for us to focus on finding and creating new businesses that can provide income so that we will not depend on gambling to make money. If we can make money from a new business, we can still gamble but not to make money but just to have fun.

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Quote from: btc78 on October 31, 2023, 01:05:36 AM

It is not his kindness that make him giver but His ego and wanted a popularization , because helping is normal but if you are giving everything even the food for the mouth of your family then that is completely a bad attitude.
the man is truly a Big headed person that don't know how to value His winning , buying luxurious things when you did not established a Business to cover your daily expenses is a stupid idea.
how can you sustain a luxurious living when all the winnings are just being spend and nothing comes back? that is the problem in most Lottery winner that just enjoyed their Happy days for couple of years and ending going back being poor person, money is never permanent not unless we knew how to earn it back.

but the reality is that most people who win big waste their money on things they don't need. they use their money to buy luxury things that they wanted in the past such as cars, houses, etc. the result is as you said, when their money runs out they are confused about getting more money and in the end they sell their assets to cover all their needs and when everything goes wrong they end up bankrupt. this is the reason why when someone wins big, they need to hire a financial manager or investment manager to be able to manage their money so that with this they can manage the money from their gambling winnings well and with more direction.

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Quote from: Assface16678 on October 25, 2023, 02:48:45 AM

Quote from: Betwrong on October 10, 2023, 05:37:46 AM

~
And I totally agree with you about investing the rest of the money in Bitcoin. Especially today, when the price is low.

What if that person doesn't have an idea when it comes to bitcoin? So what you've said about "investing the rest of the money in Bitcoin" is not applicable to all people who don't have a slight idea about it. But maybe for some people like us that are prominent in the field of cryptocurrency or bitcoin, the number one thing that we will do is invest some or a large amount of our winnings in bitcoin because we see the potential profit in bitcoin, which is good timing right now. But treating yourself to some luxury things will not be bad, either because you deserve it or because the winner deserves it. Just control the expenses and buy only the things that you necessarily need. How I will I will win in lottery I already have plans on how will I spend some and how will I invest some.

That's right, you gotta live sometimes, and when is that time if not when you won $600k in lottery?

Buying only the things that you necessarily need isn't exactly luxury, I would say. If you won big, you can afford spending on some unnecessary things too.

Quote from: Hirose UK on October 25, 2023, 03:22:33 AM

~
If I personally got the win I would definitely use some of it to invest in crypto especially Bitcoin.

And I think, fortunately, many people these days would do the same. Times when most people didn't know anything about Bitcoin history are gone long ago.

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

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It is not his kindness that make him giver but His ego and wanted a popularization , because helping is normal but if you are giving everything even the food for the mouth of your family then that is completely a bad attitude.
the man is truly a Big headed person that don't know how to value His winning , buying luxurious things when you did not established a Business to cover your daily expenses is a stupid idea.
how can you sustain a luxurious living when all the winnings are just being spend and nothing comes back? that is the problem in most Lottery winner that just enjoyed their Happy days for couple of years and ending going back being poor person, money is never permanent not unless we knew how to earn it back.

LUCKMCFLY

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Quote from: Assface16678 on October 25, 2023, 02:48:45 AM

Quote from: Betwrong on October 10, 2023, 05:37:46 AM

Quote from: LUCKMCFLY on October 07, 2023, 03:55:56 PM

Quote from: Betwrong on October 03, 2023, 06:44:18 AM

~

It is like this, things should always be destined so that we have the ability to respond to what we know, for example you can win $600k, which is enough a little more than half a million USD, not bad, you can buy a nice house, a good car, and the rest of the money you cannot throw on yourself, not even by buying unnecessary things, you should invest the rest of the money, why? Why is it the only way to multiply, but you don't know what to do? easy, ~

Yes, because with buying a nice house and a good car you've spent some money on yourself already, right? And that's not a small amount of money, to say the truth, that can easily take almost all of your won money. I'm not a big fan of cars, so, can't say about that, but I know that a nice house can cost you half a million USD, and I'm not talking about the most expensive ones. An average price in California is $780,000, for example, so, $600k wouldn't be enough.

And I totally agree with you about investing the rest of the money in Bitcoin. Especially today, when the price is low.

What if that person doesn't have an idea when it comes to bitcoin? So what you've said about "investing the rest of the money in Bitcoin" is not applicable to all people who don't have a slight idea about it. But maybe for some people like us that are prominent in the field of cryptocurrency or bitcoin, the number one thing that we will do is invest some or a large amount of our winnings in bitcoin because we see the potential profit in bitcoin, which is good timing right now. But treating yourself to some luxury things will not be bad, either because you deserve it or because the winner deserves it. Just control the expenses and buy only the things that you necessarily need. How I will I will win in lottery I already have plans on how will I spend some and how will I invest some.

Well, you have to see that some real estate in other countries is quite expensive, of course cars too, the truth is if with those prices you see all that money, I wouldn't buy then, what I would do is work that money, and that would be purely in bitcoin, because I don't see anything else that could be better, I think another type of investment is not bad, but basically, when it comes to how to diversify money there are many options, among which are real estate, having something in the bank of savings, also have some physical gold, safe stocks like Disney, Amazon, etc., this could be a great investment, but based on what you say that when a person does not know about bitcoin, then what would I be doing? bad, because a person who has money will obviously look at all the options, because money is wasted, it is not eternal, if you don't work then it simply goes away.

If a person who had all that money, and does not know what to invest in, has to spend money on a financial advisor, and the financial advisor should be a person who has full knowledge of how to do with money to increase it, then in this order of ideas, you must consider bitcoin, and if you do not consider it at the time that the person realizes that it was not mentioned, there is a lot of news about bitcoin and this may be that people find out through social networks, through the trv, No matter what the information options are, then if they should know or mention to the person about bitcoin, cryptocurrencies, among other things, they have to consider this, then it is not bad to do it, but in the case that the prices of houses and cars are those, I would prefer not to buy until I have much more money, expand it in many things because we cannot leave it alone to spend, because as it happened, the money runs out, and if it is not saved it has to be sold everything little by little of what we had.

Hirose UK

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Quote from: Assface16678 on October 25, 2023, 02:48:45 AM

Quote from: Betwrong on October 10, 2023, 05:37:46 AM

Quote from: LUCKMCFLY on October 07, 2023, 03:55:56 PM

Quote from: Betwrong on October 03, 2023, 06:44:18 AM

~snip~

Yes, because with buying a nice house and a good car you've spent some money on yourself already, right? And that's not a small amount of money, to say the truth, that can easily take almost all of your won money. I'm not a big fan of cars, so, can't say about that, but I know that a nice house can cost you half a million USD, and I'm not talking about the most expensive ones. An average price in California is $780,000, for example, so, $600k wouldn't be enough.

And I totally agree with you about investing the rest of the money in Bitcoin. Especially today, when the price is low.

What if that person doesn't have an idea when it comes to bitcoin? So what you've said about "investing the rest of the money in Bitcoin" is not applicable to all people who don't have a slight idea about it. But maybe for some people like us that are prominent in the field of cryptocurrency or bitcoin, the number one thing that we will do is invest some or a large amount of our winnings in bitcoin because we see the potential profit in bitcoin, which is good timing right now. But treating yourself to some luxury things will not be bad, either because you deserve it or because the winner deserves it. Just control the expenses and buy only the things that you necessarily need. How I will I will win in lottery I already have plans on how will I spend some and how will I invest some.

That impossible I sure 90% of people in various countries know about Bitcoin but not all of them believe in the value usefulness and use of Bitcoin.
There has also been a lot of education about crypto especially Bitcoin in various circles except for most of the rich people out there who have used Bitcoin as one of their investment assets because it is very profitable.

If what we are talking about is in year 2015 and under then I believe that not many people know about Bitcoin but now this is the modern era which has developed more rapidly.
It impossible for rich people not to know about Bitcoin.

If you think carefully about it using some of your winnings from gambling to invest is wise decision.
If I personally got the win I would definitely use some of it to invest in crypto especially Bitcoin.

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Without a doubt a business can fail and you could lose that money as well, however someone that is looking to create a business out of their lottery profits has more chances of generating more money and remain with such high standards of living for the rest of their lives, while someone that just spends their money away will eventually run out of money and they will have no choice to downgrade and try to live in a more modest way, something that is very difficult to do for anyone that thought they have finally become wealthy.

If the person get the money from the lottery,it will be the unexpected money from the source.So mostly the gambler will start the business using the money,business will be the most liked one.Everyone like to have some business apart from all the real jobs,because only the business make us rich person.The labour based system only made you like a money dependent on every month.Their was huge difference between the person who do business by saving the money and the person who do business using the lottery winning money.So the person who do business with lottery winning should be cautious not to lose it.

Starting a business from money from lottery winnings would be worth doing because at least, he wouldn't have to look for a loan to start his business or raise money before he could start his business.
He just needs to start his business according to the plan he has prepared and run his business while trying to develop his business so that it can be even bigger.
At least this has made it easier for him to have his own business.
Later, if his business can develop, he won't need to gamble to make money.
But if the lottery winner instead uses his money to gamble again or buy another lottery ticket, he may not get the chance to win the jackpot again because that is for the next lucky people..

Have heard and seen a lot of gamblers lavish and waste away huge amount of money the won either from the lottery or casino gambling and this happens because they didn't had an already laid down plan on how they could spend and invest their money should they win a big amount that's a life changer. And when fortune smiles at them and they win such gigantic amounts they get overwhelmed with what to do with it they start living a lifestyle they previously couldn't afford forgetting that the money will finish as it's constantly spent without investing for returns.

If my stars get me a fortune win of over 7 figures I won't think twice before starting up a business, business that provides services that meet the needs of people. With such a business it won't take long before you become successful and more Eicher compared to working for someone else for 35 years. You can never get richer than your employee being an employee

Those who have won a lot of money from gambling and instead waste their winnings by buying things they don't need or even use it to gamble in the hope of winning another large amount of money will only regret it when they find out that all their winnings are gone.
But if they can wisely use their money according to what they need and can prepare it for their future, they will not worry because they will see that their future will be even better.
This depends on the thoughts of each person who managed to win a lot of money because they have different opinions about what the winning money is for and should have started planning how to use it.
They will have no difficulty surviving if they can use their winnings well.

It's good if you think of starting a business with that winning money because that's what we have to do if we succeed in winning a lot of money from gambling.
We will have no difficulty starting a business because we already have a lot of capital to use and go straight to the next stage to develop our business become bigger.

Yea it does depend on the thoughts of each person, there's this conventional believe among some sets of gamblers that money won from gambling is meant to be enjoyed and forget your sorrows, with such low mental kind of thought it doesn't take much time before a person squander whatever large amount of money he must have won hoping to win another big game again.

More still there are persons that are afraid to do business or should I say don't have passion for business which makes them waste away the money on luxuries but that's stupid. If you ain't good at business you can still invest that money by building your own rental apartments and give it out for rent and be making your monthly or yearly income from it without having to do business . I hope I win a very large amount of cash someday I'll never lack ideas on how to utilize it.

If they cannot use their winnings from gambling for things that can improve their standard of living for the better, that means they have wasted what they have.
Their lives will not improve but will instead return to the position they were in before they could win a lot of money and will not see any change in their lives. They can only regret that they wasted the best opportunity and did not use the money to improve their lives.

This has happened a lot and many people have regretted it and even become frustrated. But it had all happened and there was nothing they could do. And if they decide to try gambling again, they won't be able to earn as much money as easily as before.
This time, they will only experience loss, which leads to losing more money without being able to win even once.

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Quote from: Betwrong on October 10, 2023, 05:37:46 AM

Quote from: LUCKMCFLY on October 07, 2023, 03:55:56 PM

Quote from: Betwrong on October 03, 2023, 06:44:18 AM

~

It is like this, things should always be destined so that we have the ability to respond to what we know, for example you can win $600k, which is enough a little more than half a million USD, not bad, you can buy a nice house, a good car, and the rest of the money you cannot throw on yourself, not even by buying unnecessary things, you should invest the rest of the money, why? Why is it the only way to multiply, but you don't know what to do? easy, ~

Yes, because with buying a nice house and a good car you've spent some money on yourself already, right? And that's not a small amount of money, to say the truth, that can easily take almost all of your won money. I'm not a big fan of cars, so, can't say about that, but I know that a nice house can cost you half a million USD, and I'm not talking about the most expensive ones. An average price in California is $780,000, for example, so, $600k wouldn't be enough.

And I totally agree with you about investing the rest of the money in Bitcoin. Especially today, when the price is low.

What if that person doesn't have an idea when it comes to bitcoin? So what you've said about "investing the rest of the money in Bitcoin" is not applicable to all people who don't have a slight idea about it. But maybe for some people like us that are prominent in the field of cryptocurrency or bitcoin, the number one thing that we will do is invest some or a large amount of our winnings in bitcoin because we see the potential profit in bitcoin, which is good timing right now. But treating yourself to some luxury things will not be bad, either because you deserve it or because the winner deserves it. Just control the expenses and buy only the things that you necessarily need. How I will I will win in lottery I already have plans on how will I spend some and how will I invest some.

letteredhub

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Quote from: traderethereum on October 24, 2023, 07:55:02 AM

Quote from: letteredhub on October 23, 2023, 09:43:59 PM

Quote from: traderethereum on October 17, 2023, 05:10:14 AM

Quote from: Westinhome on October 02, 2023, 11:45:41 AM

Quote from: Silberman on September 28, 2023, 01:39:14 AM

Without a doubt a business can fail and you could lose that money as well, however someone that is looking to create a business out of their lottery profits has more chances of generating more money and remain with such high standards of living for the rest of their lives, while someone that just spends their money away will eventually run out of money and they will have no choice to downgrade and try to live in a more modest way, something that is very difficult to do for anyone that thought they have finally become wealthy.

If the person get the money from the lottery,it will be the unexpected money from the source.So mostly the gambler will start the business using the money,business will be the most liked one.Everyone like to have some business apart from all the real jobs,because only the business make us rich person.The labour based system only made you like a money dependent on every month.Their was huge difference between the person who do business by saving the money and the person who do business using the lottery winning money.So the person who do business with lottery winning should be cautious not to lose it.

Starting a business from money from lottery winnings would be worth doing because at least, he wouldn't have to look for a loan to start his business or raise money before he could start his business.
He just needs to start his business according to the plan he has prepared and run his business while trying to develop his business so that it can be even bigger.
At least this has made it easier for him to have his own business.
Later, if his business can develop, he won't need to gamble to make money.
But if the lottery winner instead uses his money to gamble again or buy another lottery ticket, he may not get the chance to win the jackpot again because that is for the next lucky people..

Have heard and seen a lot of gamblers lavish and waste away huge amount of money the won either from the lottery or casino gambling and this happens because they didn't had an already laid down plan on how they could spend and invest their money should they win a big amount that's a life changer. And when fortune smiles at them and they win such gigantic amounts they get overwhelmed with what to do with it they start living a lifestyle they previously couldn't afford forgetting that the money will finish as it's constantly spent without investing for returns.

If my stars get me a fortune win of over 7 figures I won't think twice before starting up a business, business that provides services that meet the needs of people. With such a business it won't take long before you become successful and more Eicher compared to working for someone else for 35 years. You can never get richer than your employee being an employee

Those who have won a lot of money from gambling and instead waste their winnings by buying things they don't need or even use it to gamble in the hope of winning another large amount of money will only regret it when they find out that all their winnings are gone.
But if they can wisely use their money according to what they need and can prepare it for their future, they will not worry because they will see that their future will be even better.
This depends on the thoughts of each person who managed to win a lot of money because they have different opinions about what the winning money is for and should have started planning how to use it.
They will have no difficulty surviving if they can use their winnings well.

It's good if you think of starting a business with that winning money because that's what we have to do if we succeed in winning a lot of money from gambling.
We will have no difficulty starting a business because we already have a lot of capital to use and go straight to the next stage to develop our business become bigger.

Yea it does depend on the thoughts of each person, there's this conventional believe among some sets of gamblers that money won from gambling is meant to be enjoyed and forget your sorrows, with such low mental kind of thought it doesn't take much time before a person squander whatever large amount of money he must have won hoping to win another big game again.

More still there are persons that are afraid to do business or should I say don't have passion for business which makes them waste away the money on luxuries but that's stupid. If you ain't good at business you can still invest that money by building your own rental apartments and give it out for rent and be making your monthly or yearly income from it without having to do business . I hope I win a very large amount of cash someday I'll never lack ideas on how to utilize it.

traderethereum

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Quote from: letteredhub on October 23, 2023, 09:43:59 PM

Quote from: traderethereum on October 17, 2023, 05:10:14 AM

Quote from: Westinhome on October 02, 2023, 11:45:41 AM

Quote from: Silberman on September 28, 2023, 01:39:14 AM

Without a doubt a business can fail and you could lose that money as well, however someone that is looking to create a business out of their lottery profits has more chances of generating more money and remain with such high standards of living for the rest of their lives, while someone that just spends their money away will eventually run out of money and they will have no choice to downgrade and try to live in a more modest way, something that is very difficult to do for anyone that thought they have finally become wealthy.

If the person get the money from the lottery,it will be the unexpected money from the source.So mostly the gambler will start the business using the money,business will be the most liked one.Everyone like to have some business apart from all the real jobs,because only the business make us rich person.The labour based system only made you like a money dependent on every month.Their was huge difference between the person who do business by saving the money and the person who do business using the lottery winning money.So the person who do business with lottery winning should be cautious not to lose it.

Starting a business from money from lottery winnings would be worth doing because at least, he wouldn't have to look for a loan to start his business or raise money before he could start his business.
He just needs to start his business according to the plan he has prepared and run his business while trying to develop his business so that it can be even bigger.
At least this has made it easier for him to have his own business.
Later, if his business can develop, he won't need to gamble to make money.
But if the lottery winner instead uses his money to gamble again or buy another lottery ticket, he may not get the chance to win the jackpot again because that is for the next lucky people..

Have heard and seen a lot of gamblers lavish and waste away huge amount of money the won either from the lottery or casino gambling and this happens because they didn't had an already laid down plan on how they could spend and invest their money should they win a big amount that's a life changer. And when fortune smiles at them and they win such gigantic amounts they get overwhelmed with what to do with it they start living a lifestyle they previously couldn't afford forgetting that the money will finish as it's constantly spent without investing for returns.

If my stars get me a fortune win of over 7 figures I won't think twice before starting up a business, business that provides services that meet the needs of people. With such a business it won't take long before you become successful and more Eicher compared to working for someone else for 35 years. You can never get richer than your employee being an employee

Those who have won a lot of money from gambling and instead waste their winnings by buying things they don't need or even use it to gamble in the hope of winning another large amount of money will only regret it when they find out that all their winnings are gone.
But if they can wisely use their money according to what they need and can prepare it for their future, they will not worry because they will see that their future will be even better.
This depends on the thoughts of each person who managed to win a lot of money because they have different opinions about what the winning money is for and should have started planning how to use it.
They will have no difficulty surviving if they can use their winnings well.

It's good if you think of starting a business with that winning money because that's what we have to do if we succeed in winning a lot of money from gambling.
We will have no difficulty starting a business because we already have a lot of capital to use and go straight to the next stage to develop our business become bigger.

Betwrong

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Quote from: LUCKMCFLY on October 23, 2023, 09:06:56 PM

Quote from: Betwrong on October 17, 2023, 04:10:35 AM

~ When I win $60 I just spend it without thinking too much, but winning $600k is when you have to think.

I also think that things for Bitcoin can rise to that price more or less, around 2024, of course the Halving will do its part and it is a good opportunity for things to happen, so in this order of ideas we can intuit that, of course $150k then it could be that things could happen, I have always thought that this could happen, for me things with Bitcoin can be very Valuable , there is also the possibility that this year in December it could go up, I think that if they continue Thus , the Movements can reach a good price, it can even reach almost $70k, of course the fundamentals are the ones that can basically change any scenario for the market, I am a big believer in Bitcoin, and it may be that this volatility plays in this favor. Maybe, because the price is Rising and is maintaining itself, it is good for me, because it means that things are on the right track, now in the case as you say, $600k is the best that can be done, or well What I would do would be to invest a good part in Bitcoin, because I know that it will rise to more than $100k, it is something that is Known, but when I don't know, but it will happen.

I agree with you, mate. If someone wins $600k, a good part of it should be invested in Bitcoin. Now, when the price is rising, it becomes more obvious.

Quote from: LUCKMCFLY on October 23, 2023, 09:06:56 PM

So because we are in a society where no one tells you what to do with that money, it is likely that things will not turn out as they would, but having a large profit of $600k is to not go crazy, because as they say, money It ends, and after it ends, how are you going to continue living a life like this? If you were already used to having a high level where you only used the money to spend and spend, it is impossible,

Idk, I think it's totally normal to spend money on whatever you want when you've won big. You shouldn't worry about how to keep living on this level later. Maybe you won't be able to carry on on that high level, but you'll have your good time at leas for a couple of weeks, and in my opinion that's more than enough.

Quote from: LUCKMCFLY on October 23, 2023, 09:06:56 PM

that is why good investment is what always has to be considered, for that reason when we are doing worse, you cannot spend , you have to do many things for investment, to consider buying gold, good roots, but I believe more in bitcoin and technology, because I know that the world will not remain stagnant economically, it will be focused on the new .

I agree with this absolutely.

letteredhub

full member

Activity: 504

Merit: 198

Next Generation Web3 Casino

Quote from: traderethereum on October 17, 2023, 05:10:14 AM

Quote from: Westinhome on October 02, 2023, 11:45:41 AM

Quote from: Silberman on September 28, 2023, 01:39:14 AM

Without a doubt a business can fail and you could lose that money as well, however someone that is looking to create a business out of their lottery profits has more chances of generating more money and remain with such high standards of living for the rest of their lives, while someone that just spends their money away will eventually run out of money and they will have no choice to downgrade and try to live in a more modest way, something that is very difficult to do for anyone that thought they have finally become wealthy.

If the person get the money from the lottery,it will be the unexpected money from the source.So mostly the gambler will start the business using the money,business will be the most liked one.Everyone like to have some business apart from all the real jobs,because only the business make us rich person.The labour based system only made you like a money dependent on every month.Their was huge difference between the person who do business by saving the money and the person who do business using the lottery winning money.So the person who do business with lottery winning should be cautious not to lose it.

Starting a business from money from lottery winnings would be worth doing because at least, he wouldn't have to look for a loan to start his business or raise money before he could start his business.
He just needs to start his business according to the plan he has prepared and run his business while trying to develop his business so that it can be even bigger.
At least this has made it easier for him to have his own business.
Later, if his business can develop, he won't need to gamble to make money.
But if the lottery winner instead uses his money to gamble again or buy another lottery ticket, he may not get the chance to win the jackpot again because that is for the next lucky people..

Have heard and seen a lot of gamblers lavish and waste away huge amount of money the won either from the lottery or casino gambling and this happens because they didn't had an already laid down plan on how they could spend and invest their money should they win a big amount that's a life changer. And when fortune smiles at them and they win such gigantic amounts they get overwhelmed with what to do with it they start living a lifestyle they previously couldn't afford forgetting that the money will finish as it's constantly spent without investing for returns.

If my stars get me a fortune win of over 7 figures I won't think twice before starting up a business, business that provides services that meet the needs of people. With such a business it won't take long before you become successful and more Eicher compared to working for someone else for 35 years. You can never get richer than your employee being an employee

LUCKMCFLY

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Activity: 2450

Merit: 1855

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Quote from: Betwrong on October 17, 2023, 04:10:35 AM

Quote from: LUCKMCFLY on October 12, 2023, 04:24:47 PM

Quote from: Betwrong on October 10, 2023, 05:37:46 AM

~

Well, the truth is that houses in the USA are too expensive, if so, I wouldn't think about buying a house, maybe a car, but I know that in the USA you can get cars for 500usd, where you have to put some money in to get them. It works well, but I only need 3000usd so I buy a decent car, where I can move it, now the cost of the house is something very difficult, I wouldn't do it, I would go to another country where the house is affordable cheap, but in California it is one of the most expensive parts of the USA, for that reason I would not choose to buy a house either, rather it is mandatory that $600k worth can be invested, I would seriously think about putting at least half of it in Bitcoin , and hope until the end of 2024 that I know that there will be a good turnaround in Bitocin and I will have a lot more money, with that money I could think about buying a house, once the btc rises to more than $100k, I am sure that It will be like this, my average calculation will be $150k, that is what I calculate, so it could be said that things could go in that direction, and then waiting is something normal, while the other $300k could be in another type of investment and that to see in what direction the other businesses that can be done go, but you have to invest, because otherwise you start spending everything and goodbye to money, many people are like that, they spend everything and they no longer have anything left.

That is why a person who does not know anything about what to do with the money, buying bitcoin and waiting is the best, the other thing is to look for a good financial advisor so that he can multiply the money in another type of business, something that is profitable , the idea is that you can move the money around a lot, because if you leave it, it will go away little by little and that is not the idea, for that reason we have to see that when there is money, we have to look for the best deal or the best way to put it into investment, and multiply it, in the USA it is very easy to spend that money and it goes very quickly, so you have to find a way to find more with that money.

Since it would be won money, not the money you have hard worked for, I think it would be a decent investment. In my opinion it is most likely that in 2024 BTC will go to $150k at some point, like you said. Winning $600k in lottery is good enough already, but making it even bigger is our goal. When I win $60 I just spend it without thinking too much, but winning $600k is when you have to think.

I also think that things for Bitcoin can rise to that price more or less, around 2024, of course the Halving will do its part and it is a good opportunity for things to happen, so in this order of ideas we can intuit that, of course $150k then it could be that things could happen, I have always thought that this could happen, for me things with Bitcoin can be very Valuable , there is also the possibility that this year in December it could go up, I think that if they continue Thus , the Movements can reach a good price, it can even reach almost $70k, of course the fundamentals are the ones that can basically change any scenario for the market, I am a big believer in Bitcoin, and it may be that this volatility plays in this favor. Maybe, because the price is Rising and is maintaining itself, it is good for me, because it means that things are on the right track, now in the case as you say, $600k is the best that can be done, or well What I would do would be to invest a good part in Bitcoin, because I know that it will rise to more than $100k, it is something that is Known, but when I don't know, but it will happen.

So because we are in a society where no one tells you what to do with that money, it is likely that things will not turn out as they would, but having a large profit of $600k is to not go crazy, because as they say, money It ends, and after it ends, how are you going to continue living a life like this? If you were already used to having a high level where you only used the money to spend and spend, it is impossible, that is why good investment is what always has to be considered, for that reason when we are doing worse, you cannot spend , you have to do many things for investment, to consider buying gold, good roots, but I believe more in bitcoin and technology, because I know that the world will not remain stagnant economically, it will be focused on the new .

Topic: A person who won 600k$ in lottery - page 2. (Read 2153 times)