Current Events > What to do if you win the lottery so you don't fuck yourself >_>

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NeonOctopus
07/29/22 8:55:35 PM
#1:


https://www.reddit.com/r/AskReddit/comments/24vo34/comment/chb4v05/

Really good read imo

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Ivany2008
07/29/22 9:03:01 PM
#2:


Its interesting the number of people who go for the lump sum. I'm not 100 percent on the rules of a set amount per week for the next 25 years, but would it put you in a higher tax bracket? or would you still be in a lower tax bracket as its a set amount of money per year?
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ssj3vegeta
07/29/22 9:03:49 PM
#3:


Ivany2008 posted...
Its interesting the number of people who go for the lump sum.

death is probs one of da main reasons

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Trumpo
07/29/22 9:05:09 PM
#4:


Have a trust claim the winnings and it will discreetly be sent

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Turbam
07/29/22 9:06:29 PM
#5:


If I won the lotto tomorrow, well I know I wouldn't bother going on no spending spree
I'd pick a business school and pay the entrance fee, then maybe if you're lucky you'll stay friends with me.

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ssj3vegeta
07/29/22 9:24:17 PM
#6:


i read da whole thing

i don't think i want to win da mega millions anymore lamo

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Esrac
07/29/22 9:26:37 PM
#7:


Some of that I would already have planned, but not securing a financial advisor did seem counter intuitive to me.
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NeonOctopus
07/29/22 9:54:30 PM
#8:


ssj3vegeta posted...
i read da whole thing

i don't think i want to win da mega millions anymore lamo
lol

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kingdrake2
07/29/22 10:19:18 PM
#9:


Ivany2008 posted...
would it put you in a higher tax bracket? or would you still be in a lower tax bracket as its a set amount of money per year?


you would get the full amount over 30 years. ends up being more despite being taxed and probably will be in a lower bracket compared to all at once.

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Robot2600
07/29/22 10:20:52 PM
#10:


its always better for the lump sum. it's so much money that you can invest it in extremely safe 10,15,20,25 year bonds or w/e

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Tyranthraxus
07/29/22 10:50:35 PM
#11:


Esrac posted...
Some of that I would already have planned, but not securing a financial advisor did seem counter intuitive to me.
They just leech money. It's fine for people who actually have millions in income, but for you, you will just be pissing away your fortune.

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
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Music_Rock_Cat
07/29/22 10:51:17 PM
#12:


Precious Metal Investments like Platinum and Gold it will save your ass

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Tyranthraxus
07/29/22 10:51:37 PM
#13:


Music_Rock_Cat posted...
Precious Metal Investments like Platinum and Gold it will save your ass
Don't

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
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NeonOctopus
07/30/22 10:35:34 AM
#14:


bump

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IShall_Run_Amok
07/30/22 10:40:47 AM
#15:


This is America. Just shoot people who ask for money, and tell the cops that you're rich and they'll be satisfied.

This is a joke btw you shouldn't do that.

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MedeaLysistrata
07/30/22 10:43:41 AM
#16:


lol, a specific string?

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NeonOctopus
07/31/22 3:27:43 PM
#17:


<_<

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Jiek_Fafn
07/31/22 3:56:44 PM
#18:


Esrac posted...
Some of that I would already have planned, but not securing a financial advisor did seem counter intuitive to me.
Honestly, I'd rather have a professional outright tell me what to do and leech a percent. I'd rather not ever have to think about it again in my life.

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Iodine
07/31/22 4:10:53 PM
#19:


Just put it in an index fund and live off the dividends.

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TheUmbersun
07/31/22 4:11:32 PM
#20:


tldr gonna buy like 50 yachts
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AsucaHayashi
07/31/22 4:14:15 PM
#21:


Do NOT tell anyone. The urge is going to be nearly irresistible. Resist it. Trust me.

"trust me" as if this wasn't common sense... then again people who play the lottery rarely have common sense to begin with so no wonder they all (in)directly destroyed themselves.

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