If you ever wonder at one time if you win the lottery or generally hit the big money, and planned what you would do with it after the fact. Then this is a list of what not to do, avoid and learn when you find that big pot at the end of the learn. This list is comprised of people that won big money but lost it in a mixture of deceit, tragedy and greed. Hopefully after scouring through the list, we can learn something.

• 10. Amanda Clayton, 2011
  Winnings: $1 million
  ($1.03 million today)
  
  She was so frugal or cheapskate even because she still applied for food stamps which lead to her getting charged with fraud.
• 9. Evelyn Adams, 1985 and 1986
  Winnings: $5.4 million
  ($11.6 million today)
  
  She won the lottery twice but she was reported to be living in a trailer. This is what happens when your no good relatives suck up to you when you won big money. Tip for future lottery winners, wear a mask so your distant and shitty relatives will not come flocking to you for money.
• 8. Jay Sommers, 1988
  Winnings: $5.8 million
  ($11.4 million today)
  
  Cars is the least that you should think of when you hit the big money. This dude blew it on five cars, which means that he is owning five liabilities in his net worth.
• 7. Sharon Tirabassi, 2004
  Winnings: $10 million, Canadian dollars
  ($11.75 million, Canadian today; $11.4 million U.S.)
  
  She did blew the fortune with luxuries but she was also practical in putting trust fund for her children.
• 6. William “Bud” Post III, 1988
  Winnings: $16.2 million
  ($31 million today)
  
  Again another case of family members sucking up to your fortune. The problem came when he filed for bankruptcy; his brother attempted to kill him, landlady forced her to give her part of the wins, and an assault charge. He tried to pay the debts but it was a futile effort.
• 5. Janite Lee, 1993
  Winnings: $18 million
  ($29 million today)
  
  Commendable expenditure of the fortune by donating. Others are just the same as others, luxurious house in a gated community and a political luncheon for Bill Clinton.
• 4. Jeffrey Dampier, 1996
  Winnings: $20 million
  ($29.8 million today)
  
  Man got divorced after winning the lottery which means a lot of money for the ex-wife. His misery is like a movie when he moved to Tampa, Florida, an affair with his sister-in-law and ending up with him getting murdered by his mistress. The mistress was sentenced 3 life-terms.
• 2 (tie). Abraham Shakespeare, 2006
  Winnings: $31 million
  ($36 million today)
  
  This one is a murder mystery novel type of tragedy, a woman was charged with first-degree murder after the fact that she agreed to manage the 1.8 million of the winnings. Man was found dead under a slab after missing for 4 years after giving the money to other people.
• 2 (tie). Billy Bob Harrell Jr., 1997
  Winnings: $31 million
  ($45 million today)
  
  Another case of family and relatives you hate sucking up to your fortune. He was practical on what to spend his fortune on but again family loans started. I think when you get this kind of fortune, you also should get an iron balls to reject this leeching beggars.
• 1. Andrew Jack Whittaker Jr., 2002
  Winnings: $314 million
  ($408 million today)
  
  This one takes the cake, “Christian” foundations receive 10% of the winning. He also started a foundation with 14 million. The clerk here is the luckiest winner in this whole story, all the clerk did was give the ticket to him and the clerk got a lot than she could imagine. The remaining money was spent on gambling, strippers, this man knows where to put his money haha. He was later sued for bounced checks and most of his money stolen through forged checks.

List source:https://www.thinkadvisor.com/2013/10/09/top-10-biggest-lottery-winning-losers/

I do not think that it will be of benefit if the governments print money, they will cause hyperinflation if left unsupervised. It is not an excuse but more of a reason, which is still bad in itself. They need to change their perspective about COVID-19, they need to threat it as a problem that is needed to be solved. Luckily, governments around the world are considering this as a problem and their proposed solution could prove to improve and benefit nations in the long-run (CBDC experiments).

They see CBDC as a great solution for preventing a hyperinflation which is true. Less money is spent on printing fiat and the money goes straight to where it needs to be which is the individuals instead of going through banks. In my opinion, this is the best answer for a national scale problem of currency circulation. Pretty envious about it though because here in my country they did have that system already but the services that could be used for it are either limited or so expensive that the digital cash grants that should last you for months will only get you by for a week. Overall, this is a good thing that they are experimenting with new ways to circulate the economy, if more nations were to follow this experiment, hopefully we can see what really works for everyone.

It is a fair regulation personally, this reduces the chances of scammers and price skimmers from exploiting the unruly volatile prices of digital currencies. I may not like People's Republic of China, to be fair, their laws favor people more than anything. On the other hand, this could mean that registered platforms for trading digital currencies will raise their transaction fees because there are less if no unregulated competition, right?

That is pretty much what my veteran trader friend said about leverage trading. I did some research about this type of trading and I know there and then that it will not match my risk tolerance which could result in me lossing more although I learning comes with it, it is still not worth it. I do believe that the reward seems lucrative but this is a pretty good trap that can go downhill in one click or tap on a button. Like what my friend said, be careful when it comes to leverage, the money is not worth the losses you may incur in the first places.

Each day they are getting more crafty and cunning in finding ways to swindle people of their funds, hopefully on the other side of the spectrum, people fighting this problem is getting equally crafty and cunning too. The only problem left for us is to inform the masses about the rise of this schemes and hopefully it will reach the right person that might become the victim of this kind of schemes. Nice catch OP, I want to start looking for this kinds of website too but the problem is I am still saving to buy a better phone, I am still using a shitty relic.

It is a mixture of ponzi and pyramiding scheme. They do not even have the face for their support team which is a red flag in itself, the sad part here is that, they seem to have seen some deposits. The website is too flashy to be a investing website, it leans more on the gaming and esports side with that Monster energy drink green and black theme. Anyway, nice catch OP.

Well, the world is not ready for this pandemic in the first place let alone a second one. This will definitely hurt them but if they had formulated an economic strategy to combat the impacts of pandemic then they will be good for awhile. It will be most impactful on small businesses definitely as most of them during the first wave was not prioritized during the relief operations which is for the good because there are more working class than business class.

If it is a business then it should be backed by a careful study on how to maintain the reserve from the purchased price. In my opinion, it is not the best reserve asset for a business because of the market volatility that is still plaguing the bitcoin market. Maybe precious metals will do the work as the best reserve asset because it retains value and the prices although not that stable, you know that you can rely on it when it comes the time to sell it.

It is pretty expensive in my country to register as a legal business. Not mentioning the time that you have to allot for your business to survive because you are not the only one with that kind of idea. The other hindrance is the bureaucracy surrounding registering businesses, a lot of paperwork needs to be done and some of them move at a snail pace that red tape offers are pretty attractive.

In my country, most people prefer ecash kinds of apps for their daily transaction, I guess in the case of my country, the decentralization did not matter at all. It is testimonial though so it might not hold a weight when a proper study is conducted.

What the government is doing is is justifiable in their side, they see that something threats their control then they try to neutralize it. It is one of the most basic functions of government, make the people line up so no chaos ensues. In this case though, they are in the wrong. Invasion of privacy no matter how small is still an invasion of privacy
They see this as a potential cash cow so natural instincts kick in and they try to impose taxes or fees on transaction. There is nothing wrong about it though, taxes are the lifeblood of the nation, projects like roads, bridges, infrastructures, welfare programs and other social services are funded by these taxes, it may look scummy but this is necessary for the growth of the nation, to put it in a way, taxes are a necessary evil.

If centralized has the verisimilitude features as decentralized currency, it will not make really much of a difference to any average person. But if they were to value their privacy which will surely not be present with the centralized one, I think that will be the deciding  difference. Personally, I would not care that much as long as it is convenient, efficient and low transaction fee.

The biggest difference between the two is that the one enslaves the people and the other freeds them from those shackles of the old and broken perpetual financial system. Bitcoin although is dwarfed in age compared to dollars, the potential behind the technology is still unimaginable and this is what makes bitcoin different, there is no central authority that imposes value in it.

Thank you for the clarification, it confuses me when OP said in the title that bookies offer different odds for the same bet. From what I have understood, does that mean that one bet has two choices of odds to bet from am I right? Thank you for answering my question.

Correct me if I am wrong but the bet means that you will win double more or less? This is a brilliant strategy for the bookies to earn more from individual players, I said that it is brilliant because in default bookies already earn with the normal one odds bet. On the player side though, this is a dangerous water to be treading in because this is a double or nothing for you and most winning/favored teams are low odds which means that even if you win, the profit margin from the original bet is not that high.

If the players and staffs are being impacted by soft opening the game when the pandemic infection is still rampant for the sake of entertainment of the fans, I do not think that they are putting priorities right. Even if they follow a strict protocol if the population surrounding the area is having a high infection rate, then it defeats the purpose. In my opinion, they should postpone the games so players can be at their optimal performance without worrying about getting infected, rational fans can understand a season pause in this time of pandemic.

If you consider gambling just a past time then I would suggest that you should do the first suggestion that you presented. If you know your risk tolerance then maybe you can go from a moderate to high risk way because as always "high risk, high reward". Besides the point, always remember that you only use the money that you can afford to lose, it is not a fun and exciting life if you are drowning in debt because of gambling.

If you do not mind the money that you are spending when you are gambling then it will not affect you at all, 1 bitcoin is still 1 bitcoin after all. Now, if you are conscious at what you are spending, especially when you are frugal then psychologically it hinders your mindset during your gameplay, there will be that voice at the back of your mind that will voice the regret when you lock in that bet. Regret is a big factor in all of this and if you know for yourself that you feel intense emotion because of regret then the price of bitcoin will affect your game in a subconscious level.

If hypothetically the speculation that the price will continue to rise, I think gambling sites will be affected the most because most player will see the value of bitcoin get higher and will regret spending it on gambling. To answer your question, I would do some gambling although the smallest amount will be spent on it, if the transaction fees will get high in relation to increase of the bitcoins price, it will also attract less players to participate in gambling sites.