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Author Topic: If you would win a Jackpot what would you do with the money?  (Read 4348 times)
biskitop
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November 18, 2017, 02:35:41 PM
 #301

Money wins I will use to buy BTC. After that, I will gamble again on sites that use BTC. Hoping for victory, and after accumulating lots of BTC, I'll hold it until the value goes up as high as possible and I'll sell it. Half of the money, I will use to gamble again, and half to save.  Grin Grin
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November 18, 2017, 03:52:42 PM
 #302

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other


I wish that i win, but i don't see that i could win jackpot in future or now. Jackpot is a winning money only for luckiest gamblers. But as i think that one day i will win a jackpot then my first priority will be, i will buy a big car or a house, even it is my dream and now i am saving my money because of i want to buy a big car, that's why i not depend in jackpot money.   
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November 18, 2017, 05:21:46 PM
 #303

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other


From the above choices you have provided, I would go for Nos. 2 , 4, 5 and 6. I would venture into solid investments that I can handle even when I am already old and gray. Like for instance, putting up a leasing company where:

a) income is passive;
b) landholdings are increasing in value as time goes by;
c) less overhead costs because there would be less people to give salary to; and
d) less efforts on my part to run/manage the business.

Of course, donating to charity is a given.   
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November 18, 2017, 05:32:47 PM
 #304

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other


200 BTC is currently $1.5 million. You would be a complete idiot if you chose option 1), unless you already had some other spare millions in case you lost that. When this post was opened it would be less than half but the same applies.

As for the other options, the more reasonable action is to divide the money into parts. With that, you could buy a car and a house, spend some money on others, invest, give to charity etc.

I think I would allocate at least 50% for investment and around 10% for enjoyment, like travelling or buying fancy stuff.


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bitctrimor1
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November 18, 2017, 05:35:37 PM
 #305

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other


200 btc is a very big amount for me. I will never collect it in my whole life with my recent job. But, if I had it, I would keep it as bitcoin. I will convert those bitcoin to my local currency, little by little, because I do not want to attract the attention of the bank.

Let's keep that dream alive!

First off, you are a pretty lucky guy to win that amount. The points mentioned above are all good, but I think I would first use the power of that money to multiply it, basically, I would maybe put up a business which I can run with high chance of success. Also, I would like to spare some for charity and/or education, I put premium in studying and learning something new every day. Also, it would not be a bad choice to help others with your money, since there are a lot of people in need.

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November 18, 2017, 06:08:50 PM
 #306

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other


200 btc is a very big amount for me. I will never collect it in my whole life with my recent job. But, if I had it, I would keep it as bitcoin. I will convert those bitcoin to my local currency, little by little, because I do not want to attract the attention of the bank.

Let's keep that dream alive!
Right now, According to Preev,  200 btc worth around 1.54 Million $. It's a very big amount to win. I think if someone win such this amount, he will be in the top 10 luckiest people in the world.  As you said, It's too hard to collect this amount with a whole life of person, but if one day i win this amount, I will save it and i exchange little by little same as you.

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November 18, 2017, 06:17:28 PM
 #307

If I were able to win a jackpot price in gambling, I would not actually go gamble again ever again because I would prefer invest on it and pay my debts and pay my student loans instead. For sure I want to get more money but gambling again is not the way. I can invest on buying ant miner and mine to get more BTC. It is not really hard if you are really interested, I would also probably buy house and car with so much money with me also upgrade my PC for mining.
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November 18, 2017, 08:32:49 PM
 #308

Just seeing the word itself winning jackpot lot of colours in my mind playing. If I would win a jackpot with that money I will buy all my household things and if there is balance left in my pocket I will play again to try my luck again. As all professional gambler do.

How much a jackpot estimates? If that jackpot is a real big number, I won't only buy household things but I'm going to buy and build my own dream home. I believe that such jackpots can start to help you build out your own dream home or buy your own dream car. I like to see what I win and will not gamble for awhile.
It actually depends on the amount of money that I win. I have always dreamed of owning my own house. If the money that I get is enough I will build and also start a poultry farm business as well as other livestocks as well.

Jackpot that can be more than $20,000 or I'm just too high to say this amount. Converting to bitcoin fraction there are chances that we can actually make these dreams to happen but I don't know on how long that I can have that dream or it will just remain a dream. But still I insist it will become true, this is a wise choice for spending that jackpot.

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South Park
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November 18, 2017, 08:42:22 PM
 #309

If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.

Let's say you would win something like 200 BTC or more,  which I have seen many gambling websites payout from time to time. What would you do with it?

1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
    A) Buy a car or a house
    B) Spend it on women or wife
    C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other

200 bitcoin is  a huge amount in my country, I will use half of it to buy real estate, I will keep my job but I will rent the houses or the apartment building I bought and then retire early, and the other half will be kept on bitcoin so I benefit from the price increase that is coming.
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November 18, 2017, 10:29:14 PM
 #310

If I were able to win a jackpot price in gambling, I would not actually go gamble again ever again because I would prefer invest on it and pay my debts and pay my student loans instead. For sure I want to get more money but gambling again is not the way. I can invest on buying ant miner and mine to get more BTC. It is not really hard if you are really interested, I would also probably buy house and car with so much money with me also upgrade my PC for mining.
I hope you will not lose again in gambling, it's hard to win but it's easy to lose and since you already have a lot of money then for sure the risk of losing more will get bigger. You have already achieve success in gambling and I think it's better to focus on business and slowly quit gambling or just play occasionally for entertainment.

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November 19, 2017, 08:59:51 AM
 #311

If I would win a jackpot I would put up a business then eventually but put some to my savings then put up a house and eventually my business clicks I would expand to another business.

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November 20, 2017, 07:25:20 AM
 #312

If were to hit the jackpot of 200 bitcoin i would firstly buy my own house and lot and a really nice car.
All bitcoin that is left from the jackpot will be kept for future use, 200 bitcoin is a lot of money and i dont want to spend it on some nonsense thing.
Jackpot of 200 BTC, oh such a huge amount of money. I think I can fulfill all my dreams and wishes from such a big amount of money.

I think I will be the luckiest person if I will win the 200$ jackpot. I can always expect to win a 200$ jackpot, because I can consider myself as lucky person, but tell I only succeeded in winning small amount of money from gambling.
200 BTC is enough to start something huge for oneself and never go broke again for life. That depends on how smart the individual is anyway because there are so many people who instead of making good use of the opportunity they have, they always end up blowing it.

That is a huge luck and the first thing I will do is to invest most of it offline to know that cash would just keep rolling in and then put the rest into my savings wallet.
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November 20, 2017, 10:24:41 AM
 #313

Money wins I will use to buy BTC. After that, I will gamble again on sites that use BTC. Hoping for victory, and after accumulating lots of BTC, I'll hold it until the value goes up as high as possible and I'll sell it. Half of the money, I will use to gamble again, and half to save.  Grin Grin

I think it's not a wise move that you'll gamble again what you've won because you might lose for another try and don't be too greedy as not every time is your lucky shot. Just be contented with that amount and call it a day. Winning that amount will have many things to invest and can be buy so be a smart one here like not everyone can have that amount.

Happy Coding Life Smiley
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November 20, 2017, 12:09:47 PM
 #314

I will invest 90% to bitcoin and 5% to altcoins. With that investments, I don't think that I will ever get poor again even if I live luxurious after bitcoin reached $10k. It's the best jackpot than the jackpot that I would receive.
This is nice that you have very good plans with your jackpot money because bitcoin is the only evergreen investment where your money can keep increasing even when you don’t do any work. Bitcoin is that’s why loved by so many people round the globe because just by holding it for some good time, you can become a millionaire. Many wise people have changed their lives with this coin.
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November 20, 2017, 02:04:48 PM
 #315

I will invest 90% to bitcoin and 5% to altcoins. With that investments, I don't think that I will ever get poor again even if I live luxurious after bitcoin reached $10k. It's the best jackpot than the jackpot that I would receive.
This is nice that you have very good plans with your jackpot money because bitcoin is the only evergreen investment where your money can keep increasing even when you don’t do any work. Bitcoin is that’s why loved by so many people round the globe because just by holding it for some good time, you can become a millionaire. Many wise people have changed their lives with this coin.

Well it makes sense to keep your wins in bitcoins or buy bitcoins if you were paid in cash and hold  for the long term because there isn't a better investment that i know of currently and bitcoin investment would have been one of my options should i win a jackpot.
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November 22, 2017, 10:33:51 PM
 #316

If were to hit the jackpot of 200 bitcoin i would firstly buy my own house and lot and a really nice car.
All bitcoin that is left from the jackpot will be kept for future use, 200 bitcoin is a lot of money and i dont want to spend it on some nonsense thing.
Jackpot of 200 BTC, oh such a huge amount of money. I think I can fulfill all my dreams and wishes from such a big amount of money.

I think I will be the luckiest person if I will win the 200$ jackpot. I can always expect to win a 200$ jackpot, because I can consider myself as lucky person, but tell I only succeeded in winning small amount of money from gambling.
200 BTC is enough to start something huge for oneself and never go broke again for life. That depends on how smart the individual is anyway because there are so many people who instead of making good use of the opportunity they have, they always end up blowing it.

That is a huge luck and the first thing I will do is to invest most of it offline to know that cash would just keep rolling in and then put the rest into my savings wallet.
In theory that is correct but do not forget that many people win the lottery and at the end they end up broke despite wining millions and the reason is that instead of investing that money they spend it in useless stuff but the advantage of winning bitcoin is that you are already winning an investment itself.
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November 22, 2017, 10:39:25 PM
 #317

When I would buy a house, car and all the stuff needed to live, I would dedicate my life to my career & I would start helping animals all over the world.  Smiley
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November 23, 2017, 06:41:50 AM
 #318

If I win a jackpot, I would invest the money in a money making business that would allow me to earn even if I am not working like I would build a 4 door apartment and have it leased with a minimum contract of 1 year. Portion will be invested in stocks but I will allow my bank to mange it for me since I am not going to monitor the stocks trading everyday and I will set a side a portion of my jackpot money to gambling so I still can enjoy playing even when I already enough money.
Most of the people have the same wishes before a big winning, but when they become succeeded then their nature totally changed and most of them decide to increase their gambling amount and in turn after some time they lose their winning again and then they regret for what they have done.

Some people even lose their winning on the same day specially those people who play gambling without any planning and limit.
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November 23, 2017, 08:19:45 AM
 #319

If I win a jackpot, I would invest the money in a money making business that would allow me to earn even if I am not working like I would build a 4 door apartment and have it leased with a minimum contract of 1 year. Portion will be invested in stocks but I will allow my bank to mange it for me since I am not going to monitor the stocks trading everyday and I will set a side a portion of my jackpot money to gambling so I still can enjoy playing even when I already enough money.
Most of the people have the same wishes before a big winning, but when they become succeeded then their nature totally changed and most of them decide to increase their gambling amount and in turn after some time they lose their winning again and then they regret for what they have done.

Some people even lose their winning on the same day specially those people who play gambling without any planning and limit.
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November 23, 2017, 10:20:06 AM
 #320

If you win a jackpot in any games or any other place that gives you a lot of money, the first choice is keep it in a safe place. You must first make sure that the money you got is secure. Then you can decide what to do with it. You can invest it in something that can grow your money. You can start a business and help others with the money you got.

You can also buy extra bitcoin and make it an investment for the future. You can always keep it for future use and if you really want to make sure, you must budget the jackpot money so you can avoid the loss of excessive money.
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