20 yo won the mega millions jackpot

[gry60]

At 20 years old with the people surrounding me back then, I’d lose every cent of it.

I hope he’s careful.

Nowadays, beggars are just a tweet away.

Like I said, that boy better find himself a private island.

Or move to a place that doesn't get US news.

 

[dirty]

Ima need like 10 rolls but i need 24k **** the 22k
Aint nothing short of 24k touching this hole.

Then one day you wake up to the bank taking your crib and stuff, those butt *** naked *****es putting their clothes back on and leaving while you sitting there with a headache and a nose bleed. Dude from the bank telling you to bounce and stop getting blood on their floor.

Its all good its all about living in the moment

 

[OBAMA]

**** investing it we gonna ball out like a mofo straight from the mud to mansions gold toilets 100s to wipe my *** butt *** naked *****es everywhere mountains of coke and tree

**** yea

 

[kingsrborn]

Everybody has there own opinion on what they would do with there winnings (investing,annuity,lump some,keeping your job). But im a keep it 100 with yall. Most of the people who win millions like this,rarely come out as a success story years on down the line. I'd be more suprised if this kid has atleast $50 mill left 20 years from now. Money is what we all work for,strive for,and fight for. I've seen eduacated people inherit anywhere from 5 to 7 figures with the same thoughts as most in here have (investing,hiring financial planners).

Even though they're not struggling,there now living check to check from losing money from trusting people. That's more than enough money to just collect interests off of in my opinion. I could care less about investing if i was to come in to $100 to $300 million dollars. That's just being greedy and dumb. What ive notice about people who are wealthy. Is that the people working for them are scheming for a come up in some type of way.

I dont need to hire someone i dont know to watch or babysit or tell me what i should do with my money while there plotting on how to take a couple hundred racks away from me every couple of months (Boosie,Fat Joe,Snoop,D.Mcfadden cough.). I dont even trust banks that are holding my money. I defenately dont trust this Government/State to follow through 100% with the annual payments im suppose to receive,if i want my money annually.

This is the good ol United States. They can change laws at the drop of hat if they decide to on my 5th year of getting paid. I've seen people pass away young and old from different scenarios. With all that being said. I'm taking the lump sum=because i dont trust them people to follow through 100% with my 30 year payments without a hiccup from them not having to fully pay me my money.

Im just going to collect interests=because im not going to hire one person just to risk getting finessed later on down the line in some type of way. Yearly budget will be in place=so i wont end up broke in 10 to 20 years after winning like most of these people end up doing. I'm also going to pay a couple of M,s extra so my identity isnt shown.

 

[ninjahood]

could care less about investing if i was to come in to $100 to $300 million dollars

pretty much.

da game is over, you won.

 

[pirateslaw]

It's really simple, and I don't care what anyone says. Don't tell anyone that you have money. Move to a different state asap. If people or relatives find out, don't help them out with money. It's yours, not theirs. Your'e going to have to cut certain family and friends out of your life completely, or its going to be a problem. Don't invest in anything (your'e already rich). People always lose money trying to invest, but have no clue whatsoever as to what they're doing. Be smart. I mean how hard is it to be smart. I see it all the time, in real life and on this forum, people spending money when they don't have money. I see people talking about buying shoes for $150-$200, and saying they are broke after. Like really.

The main thing is: Money is made to have and be kept, not to spend. Of course your'e going to splurge a lot, and buy some crazy stuff. but as long as you focus on keeping the money and not really spending it, you should be good.

You have to make a decision and stick with it. Do I want to be rich or do I want a lavish lifestyle. You can have an extraordinary lifestyle, but you need money to pay for said lifestyle. So it's better to just try to keep the $. I hope that makes sense.

 

[tr1ll]

Question is... How many of yall would quit your jobs?

I know my pops always says hell quit if he wins but hes in his 60s so thats a different scenario.

It depends on how much I won. Less than 100 mill, I’m still going to work. >100 mill, I’m quitting and to school at a major university. Might even try to stay my old *** on campus.

 

[I AM REGGAETON]

It's really simple, and I don't care what anyone says. Don't tell anyone that you have money. Move to a different state asap. If people or relatives find out, don't help them out with money. It's yours, not theirs. Your'e going to have to cut certain family and friends out of your life completely, or its going to be a problem. Don't invest in anything (your'e already rich). People always lose money trying to invest, but have no clue whatsoever as to what they're doing. Be smart. I mean how hard is it to be smart. I see it all the time, in real life and on this forum, people spending money when they don't have money. I see people talking about buying shoes for $150-$200, and saying they are broke after. Like really.

The main thing is: Money is made to have and be kept, not to spend. Of course your'e going to splurge a lot, and buy some crazy stuff. but as long as you focus on keeping the money and not really spending it, you should be good.

You have to make a decision and stick with it. Do I want to be rich or do I want a lavish lifestyle. You can have an extraordinary lifestyle, but you need money to pay for said lifestyle. So it's better to just try to keep the $. I hope that makes sense.

Please tell me, who do you expect to read this?

 

[$tacy]

Man anything over 10m I'm quitting and buying a crib in a gated community in suburban michigan and would tell no neighbors or anyone how I got my chicken. Would buy a long sleeve elade, lease or rent anything else. My parents retiring everyone else ain't my responsibility

 

[boris]

there...now everyone can sit down & shut up....

its inflation protected in da out years..so there goes that excuse....
idiots taking lump sums... might as well torch your winnings like Joker in da Dark Knight

You're assuming people don't take the lump sum and invest. Just because you don't know how to invest doesn't mean that other people also don't know how to invest.

 

[ninjahood]

You're assuming people don't take the lump sum and invest

and you can't invest 17 mill a year? for 30 years sounds like you like flushing money down da toilet.

 

[boris]

and you can't invest 17 mill a year? sounds like you like flushing money down da toilet.

You can invest more up front with the lump sum. That's the point.

 

[Top Boy]

If I hit the lotto I wouldn't even call in to quit my job. Why?

 

[ninjahood]

You can invest more up front with the lump sum.

invests aren't guaranteed, word to Antoine walker.

if you can't make a decent investment strategy working with ONLY working with ~17 mill a year i wouldn't want you anywhere near money management

 

[boris]

invests aren't guaranteed, word to Antoine walker.

if you can't make a decent investment strategy working with ONLY working with ~17 mill a year i wouldn't want you anywhere near money management

Even if we assume a fairly low RoR, you'd still make more taking the lump sum and investing. If you're really that incapable of educating yourself, then yeah, stay away from investments.

 

[Bert.]

Stone cold taught me something back in the day



“Don’t trust anybody”

 

[ninjahood]

you'd still make more taking the lump sum and investing

how when you're lopping off so much of your earnings off da back end?

da annuity is inflation proof, you definitely don't need a lump sum to invest... sounds like one stupid idea away from pissing it all away.

 

[tupac jordan]

Not even joking. I would kill everyone in this thread for 20 million. Wouldn't even feel an ounce of guilt either.

 

[RustyShackleford]

Aren't the annuity payments fixed though?

If so, the inflation argument doesn't make sense to me.

I can easy beat inflation in the market right now.

If it spikes in the future, then that hurts me no matter what.

Anyway, if someone if horrible at basic investing, doesn't want to go through the trouble or scared of the decision they might make, then yeah take the annuity.

 

[RustyShackleford]

Not even joking. I would kill everyone in this thread for 20 million. Wouldn't even feel an ounce of guilt either.

Pull up famb.

Try to take a nickel off of me, and you gonna get this work......

Spoiler: AND I'LL USE YOUR TEARS TO WET MY FINGERTIPS, SO I CAN COUNT MY STACK

 

[boris]

how when you're lopping off so much of your earnings off da back end?

da annuity is inflation proof, you definitely don't need a lump sum to invest... sounds like one stupid idea away from pissing it all away.

No one said you need the lump sum to invest. But the idea that you're throwing away money by taking the lump sum isn't necessarily accurate.

 

[marcielago]

I work in a casino so I’m definitely quitting if I win lol. Also, I’m taking the annuity. It’s pretty much like having a pro athlete contract paid out by the state. Them dudes ain’t getting 2,3, or 400 mil up front either and they seem ok

 

[ahat]

Pull up famb.

Try to take a nickel off of me, and you gonna get this work......

Spoiler: AND I'LL USE YOUR TEARS TO WET MY FINGERTIPS, SO I CAN COUNT MY STACK

Stop frontin

Id have you breaking out the squirrel tactic and scampering back to your basement

 

[dyzzle]

Lump sum and im going all in on NEO srs.

 

[RustyShackleford]

Stop frontin

Id have you breaking out the squirrel tactic and scampering back to your basement

Pull up b.

I might not even come out the house to deal with you. Might just send my mans Bobby Hill outside wit da bag, and dare you to try him.