10 million lottery winner lives paycheck to paycheck 10 years later

[Malta]

Anything over $2 million in cash is set for life money if you manage it properly, that is the equivalent of making $50,000 a year for the next 40 years, and that doesn't even take into account the fact you could straight up live off the interest. Even a modest 3% a year will have you pulling in more than what the average family makes, and leave you in the upper upper middle class.

If you go broke with that kind of money you deserve it, sheer stupidity. You give me $10 million right now and I'm not touching the principle, just live off the interest.

 

[Prado210]

Is she the 3rd Big Tymer or some shyt? It's like a lost episode from Pimp My Ride

Pfffft.....

She's gonna have to take out the housing that's holding that screen in place when she has to start living in it. With her 3 kids.

 

[Action Jackson]

Why does it seem like its always the irresponsible undeserving people who win the lotto?

A cool 10 mil and they'll be sending a search and rescue crew after me. I'll disappear with the quickness. New name/number/address/girlfriends. Probably find some island and feast on all that fresh island poonanni while my money was making more money. Come back buy my city, build a castle, then declare my independence from the USA. I'd be the reason they get rid of the lotto.

 

[MikelArteta]

Anything over $2 million in cash is set for life money if you manage it properly, that is the equivalent of making $50,000 a year for the next 40 years, and that doesn't even take into account the fact you could straight up live off the interest. Even a modest 3% a year will have you pulling in more than what the average family makes, and leave you in the upper upper middle class.

If you go broke with that kind of money you deserve it, sheer stupidity. You give me $10 million right now and I'm not touching the principle, just live off the interest.

“Stash your first millions and live off the interest”

 

[L&HH]

so many wtfs in that story

- 6 damn kids
- 4 kids from different dads
- blows 10 mill
- babyphat license plate
- a turntable in their damn car
- black dude watches hockey

The biggest for me was the baby phat. Like you got 10 milly and spend it on Baby Phat???

 

[Field Marshall Bradley]

I know a lot of people are in here judging, and you are right technically, but money turns you completely out....

Has anyone ever been broke and busted and then had a 100k in cash at their disposable....while being under the age of 30?

It'll turn you out...Most people can't handle it and its an acquired discipline

 

[street heat]

is the house paid for ? as long it is they should be straight

 

[nalej]

is the house paid for ? as long it is they should be straight

read

 

[Captain]

People that play lotto are not good with money anyway.

 

[lamont614]

bytch bought a 200,000 escalade

 

[Ricky Church]

Dumbass bytch.


Sent from my iDrone using Tapatalk breh.

 

[Zapp Brannigan]

People that didn't make that kind of money have a hard time managing it once they get it.

 

[ThumpDaddy]

Yeah, if I was in her position I would use $2 Million to spend. Then the other $8 Million I would just live off the interest.

 

[No_bammer_weed]

Yeah, if I was in her position I would use $2 Million to spend. Then the other $8 Million I would just live off the interest.

What about taxes, lol? You know roughly 30% of those winnings are going straight to uncle sam, right?

 

[MikelArteta]

What about taxes, lol? You know roughly 30% of those winnings are going straight to uncle sam, right?

lottery winnings arent taxed in canada friend

:fidel: