Anyone here who retired with Gambling winnings ?

[Dailyscript]

Frankly speaking i didn't believe that gambling can make someone successful when i was growing up but at a certain stage in life i saw and heard testimonies of people who became rich and successful in gambling. If gambling can make someone filthy rich then it can certainly give us the right retirement we deserve.  It all depends on luck and consistency. This idea can be kept in our mind but what people make mistake on is that they let the idea take the best of them thereby they put all their hope to get retirement through gambling. Anything gambling or risk taking should be a secondary plan to get retired or be so rich.

[Hispo]

I mean... I believe it is quite easy nowadays to win examples of people who have retired after winning big on the lottery or hitting a jackpot on the casino. Actually, showing off those big wins is a good advertisement technique used by casinos for them to attract new gamblers who believe to be lucky enough to emulate the story of that winner.
Because of how much I type about gambling here, ir has become coming for me to see news recommended to me on the internet, about how someone in the United States won the superball, or wherever.

Though, I would recommend you to fool yourself by reading those stories of life changing winning happening to the least expected person, lotteries and casinos are businesses and for each lucky person who manages to change their life positively, there are literal millions who had to pay for that single person's profit

So be careful and measure your actions. Good luck.

[Lidger]

Real gamblers gamble till the end of their lives. I have also heard the life stories of many gamblers who decided to gamble after retiring from government service. It may be foolish to think of retirement where people take up gambling to support their families after retirement from government service. If you retire from government service you will get some retirement money but if you retire from gambling you will not get any money from here so gamblers gamble as long as they can afford it or as long as they can gamble properly.

[Unsoldier]

A gambler can retire after a large casino win, but it is important that he or she manages that money wisely without spending it too quickly. If the player is able to invest and save some of his winnings, he can retire quite well. However, if he continues to gamble or spend a lot, the money he has won will quickly run out.

[GideonGono]

How much would a person need in order to retire?
I think the people who could retire from their gambling winnings are those who won the lottery, but even for those people they need to manage their funds well.
There are so many people who once had a great fortune or been a millionaire, but ended up losing it all due to their fund management.
If you couldn't handle your money well even if it is a million you would just lose it.

[hedgeh0g]

How much would a person need in order to retire?
I think the people who could retire from their gambling winnings are those who won the lottery, but even for those people they need to manage their funds well.
There are so many people who once had a great fortune or been a millionaire, but ended up losing it all due to their fund management.
If you couldn't handle your money well even if it is a million you would just lose it.

I have often seen stories about those who won big winnings, and that after 1 year or more they had nothing left but debts. This happened because they did not count their money and disposed of it unwisely. As for me, I have never won large jackpots, but I don’t play often. I haven’t yet retired with winnings, but if I win a big jackpot, I’m almost sure that I’ll quit gambling forever. Although almost all players probably think this way, when in reality this happens, many continue to play no matter what. Because they don’t know what they’re doing or they want to win the same amount again, but they will pay a high price for this endless greed. And as you know, the luckiest people are those who don’t think about anything and take everything lightly.

[slapper]

I think that there is absolutely no idea of retirement in gambling because it is nothing more than a normal game that is useful for leisure time when you feel bored with the aim of seeking entertainment or pleasure and one thing that gambling is not a job, so I think there is absolutely no idea of retirement in gambling, and no matter if you win or lose it still cannot be used as a reference for retirement, but yes obviously in common sense there is nothing better than quitting regardless of whether you hit a big jackpot or not.

On the other hand chasing big wins in gambling is always a bad idea, because after all gambling is always a game that cannot be predicted or the results at the end of the session are always unknown, or that means there is absolutely no guarantee of winning at the end of the session, so I think it is very unlikely for anyone to succeed in winning big to be used as a retirement fund and quit gambling, because it is reasonable to say that even if you manage to win big, the amount you lose can also be quite large, so it's like giving back all the money you have lost before. And another thing is that there is no retirement age in gambling, simply put if you have money and want to gamble then you can gamble as long as you gamble the right way regardless of your age.

Gambling doesn't fit retirement age. It makes you wonder how we make decisions when odds are against us. Most people won't hit the huge jackpot, but we keep trying, right? Even if the reward is unrealistic, our brains get hooked. Gambling isn't only about money. The pleasure, risk, and exhilaration of not knowing what's ahead. It can be pleasant if we regard it as amusement rather than a quick means to get money. Thus, responsible gaming is advised.  Set limits, realize the odds, and don't risk everything. We get the most out of the experience without thinking it's a retirement plan. Man, be honest with yourself.

[decodx]

I have often seen stories about those who won big winnings, and that after 1 year or more they had nothing left but debts. This happened because they did not count their money and disposed of it unwisely. As for me, I have never won large jackpots, but I don’t play often. I haven’t yet retired with winnings, but if I win a big jackpot, I’m almost sure that I’ll quit gambling forever. Although almost all players probably think this way, when in reality this happens, many continue to play no matter what. Because they don’t know what they’re doing or they want to win the same amount again, but they will pay a high price for this endless greed. And as you know, the luckiest people are those who don’t think about anything and take everything lightly.

You ain't wrong! - those mega lottery jackpots seem amazing but can actually complicate things.  For me, I just gamble now and then for fun, not to get rich quick or anything.  Though no doubt, if I did hit it big one day I'd probably rethink my whole relationship with gambling afterwards!

As for the luckiest people being the ones who take life easy - I'm torn on that and  you need some balance; doing a little planning and budgeting is never a bad idea, even if you mostly just go with the flow.  Moderation's usually the way to go.  But I also believe in leaving room for some spontaneity and fun too - no need to overthink everything either.

[Fiasem20]

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

Is there anything like retiring with gambling wins?A gambler will even get motivated to play because they might have the chance of winning because that's most of their expectations(gambling for huge return not for fun).If a gambler wins a huge amount of money it will trigger the gambler to continue gambling except the gambler doesn't want to gamble then that a different thing altogether.

[EarnOnVictor]

Frankly speaking i didn't believe that gambling can make someone successful when i was growing up but at a certain stage in life i saw and heard testimonies of people who became rich and successful in gambling. If gambling can make someone filthy rich then it can certainly give us the right retirement we deserve.  It all depends on luck and consistency. This idea can be kept in our mind but what people make mistake on is that they let the idea take the best of them thereby they put all their hope to get retirement through gambling. Anything gambling or risk taking should be a secondary plan to get retired or be so rich.

It is the same success stories you are hearing about gambling that I am hearing as well but I've never seen any of them in the physical to warrant me totally giving in to those stories. Although I have a friend who had once worked as a lotto company representative, and through him, I was able to witness some random winners, none of these people ever won that big to be called Jackpot. But the friend himself often tells me stories of those who won it big whenever he goes for winning claims back them. This is the nearest to the physical one I know but cases like that are not often common, and neither do we know if they have the responsibility or plans that will make it worthwhile to be deemed retiring money.

The age of the person in question matters too, as those who won big would wager big as well. Now tell me, do you think it is so convenient for older people who are nearing their retirement age to be wagering so big just because they want to make retiring money through gambling? That may even be irresponsible, especially if their plans fail as gambling is not what we engage in desperation. So nothing is certain here as you make it look.

[pinggoki]

Real gamblers gamble till the end of their lives. I have also heard the life stories of many gamblers who decided to gamble after retiring from government service. It may be foolish to think of retirement where people take up gambling to support their families after retirement from government service. If you retire from government service you will get some retirement money but if you retire from gambling you will not get any money from here so gamblers gamble as long as they can afford it or as long as they can gamble properly.

What makes you so certain that every gambler is going to do that though? Are you aware that there are people out there that have a different way of thinking? Pretty sure that there's some people there that are an exception to your rule that they will all gamble till the end of their lives, you probably need to go out much more often because it's going to be good for you. Another thing that I'd like to point out is that there's always a prize money that someone no matter how addicted or dedicated they are to gambling, it's a really unreasonable and really huge cash prize though which is why it's not easily achieved. I really love the chance to be in a AMA of this kind of person, being able to make money that would make you go for an early retirement is really something that makes me curious about, what they've done and how are they so good at gambling that they're able to hit what others can only dream about.

[boty]

How much would a person need in order to retire?
I think the people who could retire from their gambling winnings are those who won the lottery, but even for those people they need to manage their funds well.
There are so many people who once had a great fortune or been a millionaire, but ended up losing it all due to their fund management.
If you couldn't handle your money well even if it is a million you would just lose it.

In my opinion, this really depends on a person's target when they win. If they have won according to the target they have set, they will stop gambling, but this is very difficult for those who are addicted to gambling, but for those who are not addicted. gambling will of course be able to do this and they must be able to manage these funds well as you said, it is very true that if they cannot manage them well, of course they will not be able to win the winnings for long.

[traderethereum]

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

Is there anything like retiring with gambling wins?A gambler will even get motivated to play because they might have the chance of winning because that's most of their expectations(gambling for huge return not for fun).If a gambler wins a huge amount of money it will trigger the gambler to continue gambling except the gambler doesn't want to gamble then that a different thing altogether.

Because gambling can tempts easily, I think some gamblers can back to casino and playing gambling, even if they already wins much money. They will trying to wins more money, more than their previous winning because they thinks they can gets that if they keeps playing gambling.
But some gamblers can retired from gambling when they wins a lot of money and enjoy the money because they knows that it's rare for most people to gets big money from gambling. They are wise that can holds themselves and not keeps playing gambling as they see that they don't have a chance to wins more money.
We don't knows who can stops themselves from playing gambling when they already wins. If they really stops from playing gambling, that will be a good decision for them because they don't have to playing gambling instead just to enjoy the wins money.

[Pandu Geddon]

In my opinion, this really depends on a person's target when they win. If they have won according to the target they have set, they will stop gambling, but this is very difficult for those who are addicted to gambling, but for those who are not addicted. gambling will of course be able to do this and they must be able to manage these funds well as you said, it is very true that if they cannot manage them well, of course they will not be able to win the winnings for long.

It is rare to find a gambler who stops gambling forever when they get a big win. maybe if you stop while it's still done, but eventually they will come back to the game.
Simply put, when you get such good luck, don't you think you will repeat that luck in the future? It doesn't need to be someone who is addicted to gambling, but if the gambler already plays regularly, it will be difficult for him to stop gambling even if he wins.
More of them stop gambling because they have run out of money and possessions.

[wxa7115]

It is rare to find a gambler who stops gambling forever when they get a big win. maybe if you stop while it's still done, but eventually they will come back to the game.
Simply put, when you get such good luck, don't you think you will repeat that luck in the future? It doesn't need to be someone who is addicted to gambling, but if the gambler already plays regularly, it will be difficult for him to stop gambling even if he wins.
More of them stop gambling because they have run out of money and possessions.

This is the reality of what happens, and this is something we have even seen on the forum, in which a few members were lucky enough to get a big win and instead of calling it quits, they decided to keep gambling and eventually lost all their profits.

So it is doubtful there are many gamblers out there which have been lucky or skilled enough to get huge profits out of gambling, and that were able to overcome their desire to gamble and kept all of those profits for themselves.

[Hirose UK]

A gambler can retire after a large casino win, but it is important that he or she manages that money wisely without spending it too quickly. If the player is able to invest and save some of his winnings, he can retire quite well. However, if he continues to gamble or spend a lot, the money he has won will quickly run out.

That true, but to be honest, I not sure that gamblers can do all that because human attitude that cannot be separated is greed, this attitude is very difficult to suppress and eliminate.
Getting big wins can certainly make gamblers rich, but they will think that it is money that is easy to get so they will use all the money for useless things and have fun.
Just look at several cases where several people got the jackpot and suddenly became billionaires, but only few years later they experienced bankruptcy which was even worse than life before getting the jackpot.

But everything will be different when those who get it are rich people with good business sense, they gamble on the other hand for fun and when they get big win it is clear they can manage it.
Background will also influence how one behaves in context like this, most people will not be able to think well when they get luck like that.

[summonerrk]

I have always believed that gambling is more of an entertainment than a way to earn money. You can't rely on it as your main source of income.
Even if sometimes luck smiles and the winnings are not long in coming, sooner or later you can lose everything. It's like the excitement of gambling— one day you're on top of the world, and the next you're down.
Therefore, it is important to have a financial strategy based on more reliable and stable sources of income. For example, it is better to provide a pension through savings in cryptocurrency or other investments that can bring stable income in the long term.

Gambling can be an exciting pastime, but you should not count on it as the only way to provide for yourself and your family.

[Jody.Drummer]

I think that there is absolutely no idea of retirement in gambling because it is nothing more than a normal game that is useful for leisure time when you feel bored with the aim of seeking entertainment or pleasure and one thing that gambling is not a job, so I think there is absolutely no idea of retirement in gambling, and no matter if you win or lose it still cannot be used as a reference for retirement, but yes obviously in common sense there is nothing better than quitting regardless of whether you hit a big jackpot or not.

On the other hand chasing big wins in gambling is always a bad idea, because after all gambling is always a game that cannot be predicted or the results at the end of the session are always unknown, or that means there is absolutely no guarantee of winning at the end of the session, so I think it is very unlikely for anyone to succeed in winning big to be used as a retirement fund and quit gambling, because it is reasonable to say that even if you manage to win big, the amount you lose can also be quite large, so it's like giving back all the money you have lost before. And another thing is that there is no retirement age in gambling, simply put if you have money and want to gamble then you can gamble as long as you gamble the right way regardless of your age.

Gambling doesn't fit retirement age. It makes you wonder how we make decisions when odds are against us. Most people won't hit the huge jackpot, but we keep trying, right? Even if the reward is unrealistic, our brains get hooked. Gambling isn't only about money. The pleasure, risk, and exhilaration of not knowing what's ahead. It can be pleasant if we regard it as amusement rather than a quick means to get money. Thus, responsible gaming is advised.  Set limits, realize the odds, and don't risk everything. We get the most out of the experience without thinking it's a retirement plan. Man, be honest with yourself.

True, most people will continue to try even though there is no certainty in terms of the rewards they will get, but as you said that they are still addicted and keep doing it, I don't know what the problem is but certainly the trigger is because of the hope of winning so that a few defeats will be easily forgotten because you still think that there is still a chance, while to make an experiment all gamblers are required to bring a certain amount of money to gamble.

Gambling is very emotionally involved and curious and this means that I think there is very little chance of people being able to retire from gambling, especially if they manage to win big which as we know can make it difficult for a gambler to ignore his greed. Yes I also see it like that which is where gambling is a place to practice self-discipline on how strong we control our brains and minds such as in terms of ignoring various temptations that look tempting, and besides yes making it as entertainment is indeed much better than making money, one of the reasons is because winning always depends on luck while luck can never be controlled and this is why it makes no sense to make gambling a place to earn.

[Ever-young]

Anyone here who retired with Gambling winnings ?  If not, how much you think is sufficient to retire as Gambling winning ?

This question is very funny but I don't think I will retire after winning, when I win, I will want to win more and by winning more, I will have to invest again, that is why it's called gambling, the zeal for one to get more it's there especially when you are winning, even if it's not immediately but later after leaving,you will still come back to try again, although it can make some people becomes an addict through it but once you notice you can't do without it, you immediately see for support or help.

[Accardo]

How much would a person need in order to retire?
I think the people who could retire from their gambling winnings are those who won the lottery, but even for those people they need to manage their funds well.
There are so many people who once had a great fortune or been a millionaire, but ended up losing it all due to their fund management.
If you couldn't handle your money well even if it is a million you would just lose it.

In my opinion, this really depends on a person's target when they win. If they have won according to the target they have set, they will stop gambling, but this is very difficult for those who are addicted to gambling, but for those who are not addicted. gambling will of course be able to do this and they must be able to manage these funds well as you said, it is very true that if they cannot manage them well, of course they will not be able to win the winnings for long.

It'll be hard to stop gambling after winning big. The whole time will be spent on luxurious life with gambling inclusive. Only a few players will quit after hitting the jackpot. I'm also thinking of where the player will retire to, as the impulse to play once more would come stronger on the gambler shifting his attention from quiting gambling. And make him gamble to earn bigger than he already possess. Determining the exact moment or the type of amount that would be enough to retire a gambler may be hard to know. Because it's almost impossible to retire from gambling.

The emotional impact gambling develops on the gambler makes it hard to forgo or quit. Although gamblers promise themselves to retire after winning a specific amount of money. But when that lucky day arrives, the money that seemed big in the past would then get ordinary in the eyes of the winner. Everyone act as though they wouldn't waste money like a jackpot winner who went broke. Yet it's a natural occurrence and could happen to anybody. The casino is also sure of this, that's why they comfortably hand out those wins, knowing it'll get wagered back to the house.