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Author Topic: A person who won 600k$ in lottery  (Read 2133 times)
Betwrong
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October 03, 2023, 10:44:18 AM
 #321

~
Indeed. Well, it's understandable to buy and do the things that you only dream of before. A life of becoming rich instantly. However if you let yourself be drown to luxurious way of living and forget where you came from. Your sudden fortune might go to waste if you didn't think wisely to invest in things that can give you passive income. Certainly building business doesn't have an assurance of guaranteed profits. But that's much better rather than not trying.

Anyway only few people are given a chance to become rich through gambling so if you're among of those, make the most out of it but don't forget to keep something for the welfare of your family.

I agree with you. What I meant was living a luxurious life for couple of weeks, just in case your money invested in business will disappear, and so that you won't be left with nothing from your big winnings. At least you'll have your memories. Also, living a luxurious life for some time is a very useful experience. Thus you know that living a simple life you are actually not missing much. Luxury living is only so attractive when you never tried it.

If you win $600k in lottery and spend it all on luxurious life, you are just wasting the money basically.

.
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LUCKMCFLY
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October 07, 2023, 07:55:56 PM
 #322

~
Indeed. Well, it's understandable to buy and do the things that you only dream of before. A life of becoming rich instantly. However if you let yourself be drown to luxurious way of living and forget where you came from. Your sudden fortune might go to waste if you didn't think wisely to invest in things that can give you passive income. Certainly building business doesn't have an assurance of guaranteed profits. But that's much better rather than not trying.

Anyway only few people are given a chance to become rich through gambling so if you're among of those, make the most out of it but don't forget to keep something for the welfare of your family.

I agree with you. What I meant was living a luxurious life for couple of weeks, just in case your money invested in business will disappear, and so that you won't be left with nothing from your big winnings. At least you'll have your memories. Also, living a luxurious life for some time is a very useful experience. Thus you know that living a simple life you are actually not missing much. Luxury living is only so attractive when you never tried it.

If you win $600k in lottery and spend it all on luxurious life, you are just wasting the money basically.

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 $60k, 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, buying Bitcoi is the best option, there is no other option, with buying at least 4-5 bitcoins and leaving them well stored safely and the best investment in the world, because in the meantime you reach a good ATH this money will be a lot and things will continue to be very good, so in this order of ideas things can go down a very good path, first, invest in bitocon and if you have more vision you can diversify the money into gold, and other real estate actions, the New generations don't believe much in real estate, they believe more in Bitcoin, so why not do it?

Many of us know that Bitcoin's ability to reach an ATH is Impressive , more than $100k, that's obvious, but when will it happen? We don't know, but I'm sure it will happen, then a person who doesn't have a high financial culture or a high financial Education Will Simply spend the entire $600k and will not be able to recover it, he will have to sell what he acquired to Being able to survive is the only way you can do it, however these are the decisions that When we make it we can determine what our best path is, what can be done with so much money and how to Multiply it , Because From $600k they can easily reach $1 M, which is not there, what I will do is that, buy 1 BTC, save it in a Ledger and that's it, I'm Calm and I save that for any Emergency,  although to be honest , it Would be better to buy more than 1 BTC.

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October 10, 2023, 09:37:46 AM
 #323

~

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.

.
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October 12, 2023, 08:24:47 PM
 #324

~

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.

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.

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October 17, 2023, 08:10:35 AM
 #325

~

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.

.
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October 17, 2023, 08:42:25 AM
 #326

This story shows that if we've won the lottery jackpot or any gambling game and it seems to be a huge amount, money is quickly going to be gone if we don't spend it wisely. Maybe you owe a lot of people because they've helped you but it's better if you just leave it as is because that's forever in your heart and you'll remember that forever. But if you want to give back to them, make sure that you're not giving all to them. That's the mistake of many people they've been giving all that they have and thinking that they are not going to run out of money because of the huge amount that they've won either with the lottery or any game that they played. $600k is such a life-changing prize honestly and the first thing that I'll do if I am the one to get it is that I'll keep myself silent. Yes, silence is much better on this time because you'll never know aside from asking some giveaways from those neighbors and relatives that you have, there could be people around you that are jealous of what happened to you. The wise folks will surely divide that money some for leisure and comfort but the most of it will be reinvested somewhere else that will generate them passive income for life and that's the best decision that someone can do. People will surround you because you have money but when you've left with nothing, they will flee from you.

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October 17, 2023, 09:05:21 AM
 #327

I am sure  that many people will waste such money on things that they don't really need and as time goes on they will end up broke again, if such money gets my way I will make sure that I will never go broke again, I already have some plans for the future that will keep bringing me more money, so with $600000 I will start working on the plan and this plan of mine has everything to do with Bitcoin mining I will buy a new set of ASIC miners and I will set up a bigger farm.

$600000 is not really that much that will make someone to start behaving like they will never go broke again many people have gone broke after having more than $600000 if you are not trained right from scratch to be able to manage money if it is not in your blood right from your young age, there is no amount of money you will be able to manage you will always fail to deliver.

There is a saying that practice makes perfect, whatever we are going to get addicted to let's always make sure that it is good for the long run because if we are the type that gets used to spending lavishly we will have a difficult time monitoring good amount of money in the future and if you're the type that knows what it takes to be financially successful you won't find it very hard to manage certain amount of money, it is all in the blood, what you grow up with will be addicted to you.

.
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October 17, 2023, 09:10:14 AM
 #328

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.

He must realize that his opportunity to own his business is open.
He can start it whenever he wants without waiting for the money because he already has a lot of money to open his business.
So he can stop his gambling activities to focus more on managing his business and making his business develop even better.

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October 24, 2023, 01:06:56 AM
 #329

~

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 .

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October 24, 2023, 01:43:59 AM
 #330

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
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October 24, 2023, 05:52:03 AM
 #331

~ 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.

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.

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.

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October 24, 2023, 11:55:02 AM
 #332

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.

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October 25, 2023, 06:23:12 AM
 #333

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.
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October 25, 2023, 06:48:45 AM
 #334

~

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.

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October 25, 2023, 07:10:25 AM
 #335

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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October 25, 2023, 07:22:33 AM
 #336


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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October 31, 2023, 04:57:09 AM
 #337

~

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.


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October 31, 2023, 05:05:36 AM
 #338

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.

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October 31, 2023, 06:38:33 AM
 #339

~
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. Smiley

~
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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October 31, 2023, 07:02:32 AM
 #340

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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