Here's Mark Cuban's advice for whoever wins the $1.4 billion Powerball lottery

[MikelArteta]

No but you are more likely to lose more of it going that route between the penalty and the sheer risk of having it managed to be diversified.

At some point you have to be honest with yourself about what you have the capacity to manage and the capacity to manage people managing for you.

breh iis 800 mill not 8 mill

you could stake the lump sum and spend 50k a day for the next 45 years and youd still have money left over

 

[MikelArteta]

can you imagine what child support would be

i think the first thing i do might be get a vasectomy

hire a hitman breh

 

[The ADD]

breh iis 800 mill not 8 mill

you could stake the lump sum and spend 50k a day for the next 45 years and youd still have money left over

Sure but why forsake the hundreds of million in the cash penalty?

It's personal preference but at this level of $ I don't see the need to pass on the extra $.

 

[malbaker86]

Some winners set up a Trust, and let the Executor of the Trust collect the winnings. You will never have to show your face, you will just send a lawyer.

And I recommend, buy apartment buildings, and when people ask for money, offer them to live there rent free.

Its as good as giving them cash, since they don't have to pay rent.

Bingo. I would buy a street and build houses to move my fam there and pay off their debts. That is just as good as giving them X amount of money they would blow quickly.

 

[Supa]

i mean i don't give a fukk about helping other people. once you understand what people are, you begin to have a distaste for them. other than my parents, i wouldn't be handing out money to anyone.

Mom and dad can retire. Niece and nephew will get trust funds. That might be it. Maybe I'd buy some modest houses so family can establish some wealth. I'm not allowing anyone to ask me for money though.

Truth be told I'd probably change my number and be overseas for a while.

 

[Ziggiy]

can you imagine what child support would be

i think the first thing i do might be get a vasectomy

I know it might sound weird but I'm going the opposite and living the Bob Marley philosophy


"me want as many children as there are fish in the sea"


I'd have 4-5 women (ALL BLACK who are down with the program) and have a ton of kids, lil Wayne style. All the mothers would be cool and children would be taken care of. Me , the women and children would all live together, I'd pay for private education and make sure my children grew up with the best Afro-centric world view possible.

I can just see it now...


Me

@Amethyst @CinnaSlim @MoonGoddess @ChocolateQueen @RoyalQ @Azul


Me and my Black Goddesses living that Black Excellence life

 

[Hacksaw Jim Thuggin]

i love it...coli accountants, that dont have $10 in the bank....discrediting a billionaires advice

 

[CarbonBraddock]

That's terrible. Coincidentally it seems like in your distaste for people has turned you into a really distasteful one yourself.

cry me a river. i've done good things for people many times. i've helped people, but you know what? when i needed help, no one was there for me, no one cared about my problems. people are just whiny, lying, disease-infested scumbags that don't give a crap about anyone else. Take this thread here, someone posted the website about all the bad shyt that happens to people that win the lottery. People making up shyt to ruin the winner bc they won't give them free money, people murdering others bc they can't get free money, etc....humanity is a joke and you choose not to see it bc that's what your mind has to do to cope with your existence. I however am not that way and can see deeper into things. Now you can come back and say whatever it is that you'd like but it doesn't matter, i won't read it. It is what it is and nothing either of us say matters. You won't even fully understand what it is i typed above.

 

[Frida Giezman]

Bingo. I would buy a street and build houses to move my fam there and pay off their debts. That is just as good as giving them X amount of money they would blow quickly.

You can do that AND set up trust funds for them with all that money

Now way I'm gonna have anyone in my family working and I got all that cash

fukk a private jet or a yacht

I rather pass on shyt like that and have my family living right instead

Be for real bro you got 500 million and you gonna have your family living in......apartments?

 

[CarbonBraddock]

Mom and dad can retire. Niece and nephew will get trust funds. That might be it. Maybe I'd buy some modest houses so family can establish some wealth. I'm not allowing anyone to ask me for money though.

Truth be told I'd probably change my number and be overseas for a while.

good, let some people in here tell it, we are supposed to just start handing out millions to people we don' t even know and who would laugh or spit at us without a second's hesitation. i'm good on that breh. my mother and father would be the only ones getting broke off bc they are the ones that i know for a fact would have my back always. no one else. there was a quote from the mike tyson beyond the glory where mike was saying that he was a loving person, but first people had to love him and that shyt is true. if no one cares about you then why should you care about them?

 

[RoyalQ]

I know it might sound weird but I'm going the opposite and living the Bob Marley philosophy


"me want as many children as there are fish in the sea"


I'd have 4-5 women (ALL BLACK who are down with the program) and have a ton of kids, lil Wayne style. All the mothers would be cool and children would be taken care of. Me , the women and children would all live together, I'd pay for private education and make sure my children grew up with the best Afro-centric world view possible.

I can just see it now...


Me

@Amethyst @CinnaSlim @MoonGoddess @ChocolateQueen @RoyalQ


Me and my Black Goddesses living that Black Excellence life

That sounds fun!
Wait no
.... Maybe
...... Nah fukk that
..... But.
I just remebered your face

Can i be the main wife?

Wait this is immoral
Im confused on how to feel

 

[Supa]

good, let some people in here tell it, we are supposed to just start handing out millions to people we don' t even know and who would laugh or spit at us without a second's hesitation. i'm good on that breh. my mother and father would be the only ones getting broke off bc they are the ones that i know for a fact would have my back always. no one else. there was a quote from the mike tyson beyond the glory where mike was saying that he was a loving person, but first people had to love him and that shyt is true. if no one cares about you then why should you care about them?

When I was in college only my mom,
dad, and grandma called or sent money. I'll return the favor 100 fold. The rest of them negroes

I ain't going broke like Hammer trying to save everyone

 

[Frida Giezman]

good, let some people in here tell it, we are supposed to just start handing out millions to people we don' t even know and who would laugh or spit at us without a second's hesitation. i'm good on that breh. my mother and father would be the only ones getting broke off bc they are the ones that i know for a fact would have my back always. no one else. there was a quote from the mike tyson beyond the glory where mike was saying that he was a loving person, but first people had to love him and that shyt is true. if no one cares about you then why should you care about them?

Millions to people you don't know?

I'm talking uncles and cousins

People that I would call whenever i had a problem and they was there no questions asked and u think Ima give them 75k? Lmao what kind of families do y'all come from?

Some of y'all nikkas had to be molested or abused by family members or something lol

Maybe it's different in my family but my uncles and my cousins are just like my brothers and sisters so I could never imagine leaving them out to dry with all that bread

nikkas talk all that black power shyt but said he would give his best friend of 15 years 75k lmao

You just won more money than you can ever imagine spending but you gonna give ur bro 75k

That shyt won't even change his life

 

[CarbonBraddock]

Millions to people you don't know?

I'm talking uncles and cousins

People that I would call whenever i had a problem and they was there no questions asked and u think Ima give them 75k? Lmao what kind of families do y'all come from?

Some of y'all nikkas had to be molested or abused by family members or something lol

Maybe it's different in my family but my uncles and my cousins are just like my brothers and sisters so I could never imagine leaving them out to dry with all that bread

nikkas talk all that black power shyt but said he would give his best friend of 15 years 75k lmao

You just won more money than you can ever imagine spending but you gonna give ur bro 75k

That shyt won't even change his life

there was no reason to respond to me considering the bolded. if you were close to your family, then you would want to help them out, i am close to no one, so no one gets helped. simple.

 

[The Devil's Advocate]

Here's Mark Cuban's advice for whoever wins the $1.4 billion Powerball lottery

By Libby Kane6 hours ago

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Powerball lottery has reached a record high of $1.4 billion.


On Wednesday night, someone might win the jackpot and — even if they don’t actually take home $1.4 billion — become incredibly rich in a matter of moments.

Billionaire Mark Cuban has some idea of what that’s like.

Cuban recounted the moment he became a billionaire on an episode of James Altucher’s podcast: “I was sitting in front of a computer, naked, hitting the refresh because we were close — waiting until my net worth hit that billion when the stock price got to a certain point, and then I kinda screamed and jumped around and then got dressed."

Years later, what would he advise a newly minted multimillionaire or billionaire?

Business Insider reached out to Cuban to ask about his tips for potential lottery winners, and he shared the advice he gave his local paper, the Dallas Morning News:

• [The first thing you should do is] hire a tax attorney.
• Don’t take the lump sum. You don’t want to blow it all in one spot.
• If you weren’t happy yesterday, you won’t be happy tomorrow. It’s money. It’s not happiness.
• If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.
• Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs $1 million for anything. No one needs $100,000 for anything. Anyone who asks is not your friend.
• You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.

He also shared one last bonus tip with Business Insider: "Be nice. No one likes a mean billionaire. ”


Here's Mark Cuban's advice for whoever wins the $1.4 billion Powerball lottery

seems like a dikk


nobody needs 100k? really nikka?

i'm supposed to have a 10 million dollar yacht, private jet, few houses, shytload of cars, a fukking nba team

but my momma don't need 100k? just keep taking her ass to work everyday huh?


everything else, i can agree with... maybe not the happy either... a lot of people are unhappy BECAUSE they don't have money