Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar! See locations and dates here.



View Active Topics       View Your Posts       Latest 100 Topics       FAQ Topics       Mobile Friendly Theme


Would You Inform Anyone if You Won the Lotto?

Discuss and talk about any general topic.

Moderators: jamesbond, fschmidt

ohlookitsadam
Freshman Poster
Posts: 3
Joined: September 22nd, 2013, 6:17 am

Would You Inform Anyone if You Won the Lotto?

Post by ohlookitsadam » September 29th, 2013, 10:48 am

At least a lotto win of a few million. Don’t worry, not talking about what you would do with it. For the purpose of this thread, lets assume you have plenty left over after a nice big spending spree.

Would you show it off in a thread on this forum? Would you show off to all your friends? I would only mention it to my very closest mates.

Anyone tell family members?

Would you keep it a secret?

Maybe some luck for us can be found here, I find the website interesting: http://www.moreaboutwinninglottery.com/.
Last edited by ohlookitsadam on October 14th, 2013, 9:45 am, edited 1 time in total.

Voice of Reason
Junior Poster
Posts: 569
Joined: February 21st, 2012, 5:55 am
Location: Out of the West

Post by Voice of Reason » September 29th, 2013, 10:57 am

I'd just tell my close family members.

I wouldn't go shouting it from the rooftops.

I'd keep it a secret from everyone else...I'm very disciplined like this.

Dragon
Junior Poster
Posts: 512
Joined: October 23rd, 2012, 6:31 am

Post by Dragon » September 29th, 2013, 11:25 am

Allow me to offer a cynic's view on this: TRUST NO ONE, NOT EVEN FAMILY.

There was a news story I read a long time ago (that I can't seem to find a link for right now) about a Hispanic immigrant gentleman living the US who won a small fortune of 8 million(?) from a lottery. His world turned upside down when he won this small fortune. All of a sudden, normal family relationships became strained. Many people in his family started acting different towards him and hitting him up for money. It got so bad that he had to completely cut himself away from his family. He now lives alone, isolated from his family and feels miserable.

Sorry to say, but this is normal human behavior. I see it all the time in little tidbits. When I was driving with my friend one time, we passed by a very large and fancy mansion, which was unusual for the area we were driving in. I made a comment about the mansion being there and my friend (who has money troubles because he comes from a poor background) said "f**k rich people" in an angry tone. He's a good guy and meant no harm by it, but there's a distinct view and feeling that people have when they see others who have much more than them. Another example is when I was at school and an instructor in a certain class of mines announced that a particular student won a prestigious department scholarship. I noticed everyone (including me) was extremely jealous when the instructor announced it. More importantly, I noticed that when the other students interacted with the scholarship winner, they had a dismissive (though not openly hostile) tone towards him, even if they weren't aware of it themselves. Although things went back to normal soon after.

What I'm saying is that no matter how much you trust someone, money is a powerful thing. It will drive people to jealousy and towards behaviors they wouldn't otherwise do. Even your closest family members might start seeing you more as a wallet. It's not their fault. You might do the same thing if they were rich. Again, this is normal human behavior. No need to assign hate or blame to anyone. But understand this behavior and realize that you should NEVER trust anyone if you win the lotto. I would keep it a secret and house the money in good accounts and/or investments before anyone ever hears a peep about my change in financial status.
I am a terrible person.

Hero
Experienced Poster
Posts: 1708
Joined: July 3rd, 2008, 9:19 pm

Post by Hero » September 29th, 2013, 12:02 pm

I wouldn't tell a soul. I think my very life would be in danger.

C.J.
Experienced Poster
Posts: 1025
Joined: April 25th, 2011, 11:56 pm

Post by C.J. » September 29th, 2013, 1:32 pm

I don't have to tell anyone! The media will do that job perfectly. Notice how people win the lottery, and even recluses get fully checked out and targeted for assassination.

With everything that happens, I'd rather NOT win the lotto. :D

Ghost
Elite Upper Class Poster
Posts: 5749
Joined: April 17th, 2011, 2:23 am

Post by Ghost » September 29th, 2013, 2:28 pm

I would keep it as secret as I could. I've seen a few of those shows (I think it was on TLC) about lottery winners who blew their winnings in a short time and ended up worse off than before. Seeing that makes me incredibly frustrated. How could even the biggest idiot be that bad with money? I don't even need millions. Just one million, and I'll retire to a third world paradise in a week.

Sometimes I wonder if lottery "winners" are pre-screened by TPTB to make sure no wise person (who would then promptly take the winnings and escape the West forever...) wins the money...

buddy77
Freshman Poster
Posts: 116
Joined: February 11th, 2013, 12:23 am
Location: California

I would just tell my

Post by buddy77 » September 29th, 2013, 6:25 pm

Close family. And i would share a bit with them, help them pay off their debt, or whatever bills they have, give them a months long vacation too.

it would only run for a couple of thousand dollars. Then id retire to another country outside Femerica

anamericaninbangkok
Junior Poster
Posts: 564
Joined: May 11th, 2013, 7:23 am
Location: Bangkok, Thailand

Post by anamericaninbangkok » September 29th, 2013, 6:38 pm

After the money was squirreled away, then I'd tell people. But there would be a set amount I would give away, no more, and a set amount per person. More to family, less to friends.

anamericaninbangkok
Junior Poster
Posts: 564
Joined: May 11th, 2013, 7:23 am
Location: Bangkok, Thailand

Post by anamericaninbangkok » September 29th, 2013, 6:38 pm

After the money was squirreled away, then I'd tell people. But there would be a set amount I would give away, no more, and a set amount per person. More to family, less to friends.

HouseMD
Experienced Poster
Posts: 1539
Joined: February 14th, 2012, 3:20 am
Location: Buried Under a Pile of Books

Post by HouseMD » September 29th, 2013, 7:07 pm

Sharing information about your wealth is foolish. I think the best plan is to live simply, invest wisely, and basically forget the win ever happened. I would just use the yearly dividends from the winnings to live off of and keep to an otherwise normal life.

S_Parc
Veteran Poster
Posts: 2452
Joined: November 12th, 2010, 8:01 pm

Post by S_Parc » September 30th, 2013, 1:13 am

This one is easy. Don't tell anyone and don't sign the back of the winning ticket, since that gives the press your name.

What you do is make a copy of the ticket. Keep the primary ticket in a safety deposit box or fireproof safe. You then get a tax/estate attorney and give him a retainer of $1K minimum. Once you've signed your working agreement and have that in place, you have him create a trust for you and then, make the law office, the sole go between, between the trust and the lottery commission. By attorney-client confidentiality agreement, the law office cannot divulge your information without facing being disbarred. The lottery commission will only have the name, ABC trust, and the law offices of Billy, Bob, and Thorton, That information will go into the public website for the world to see. The press will only see your attorney at the lottery commission for the handling. Once the money is transferred over, pay the law office for all services rendered, probably some $10K to $20K, after everything is said and done.

Then, you make up a bogus story to your friends and family and tell 'em that you've re-located to the 'London Office'. Basically, you go to London to set up your global trading and/or managed accounts. Afterwards, you maintain your home base in the US for the remainder of the year but move to some tax haven as a permanent address. For that first year, you'll have to pay full US taxes on your winnings. Afterwards, you can claim exemption on additional cap gains or income up to $91K, for the rest of your life, as an ex-pat.

From there-forth, you're a free man. Enjoy the world.
Many years ago, the Best Picture of 1999, "American Beauty", telegraphed the message of Happier Abroad to the world.

Beware of long term engagements with AWs, you may find yourself in a coffin.

AB discussion thread

BTW, despite settling down with an AW, myself, the warning is still in effect.

User avatar
E Irizarry R&B Singer
Veteran Poster
Posts: 2290
Joined: April 19th, 2013, 1:26 am
Location: The fuckin' U.S. of Gay *ugh*

Post by E Irizarry R&B Singer » September 30th, 2013, 2:07 am

S_Parc wrote:This one is easy. Don't tell anyone and don't sign the back of the winning ticket, since that gives the press your name.

What you do is make a copy of the ticket. Keep the primary ticket in a safety deposit box or fireproof safe. You then get a tax/estate attorney and give him a retainer of $1K minimum. Once you've signed your working agreement and have that in place, you have him create a trust for you and then, make the law office, the sole go between, between the trust and the lottery commission. By attorney-client confidentiality agreement, the law office cannot divulge your information without facing being disbarred. The lottery commission will only have the name, ABC trust, and the law offices of Billy, Bob, and Thorton, That information will go into the public website for the world to see. The press will only see your attorney at the lottery commission for the handling. Once the money is transferred over, pay the law office for all services rendered, probably some $10K to $20K, after everything is said and done.

Then, you make up a bogus story to your friends and family and tell 'em that you've re-located to the 'London Office'. Basically, you go to London to set up your global trading and/or managed accounts. Afterwards, you maintain your home base in the US for the remainder of the year but move to some tax haven as a permanent address. For that first year, you'll have to pay full US taxes on your winnings. Afterwards, you can claim exemption on additional cap gains or income up to $91K, for the rest of your life, as an ex-pat.

From there-forth, you're a free man. Enjoy the world.
#I_CANNOT_BREATHEImage
It's time to expatriate to evade your fate; it's time to expatriate before the barn door permanently closes on "US" sheep.
Debut mixtape "The Skilled Neophyte of RNB (x64)" dropping Spring 2016 - Follow me on Twitter @eirizarryRNB

Halwick
Freshman Poster
Posts: 329
Joined: September 11th, 2013, 5:39 am
Location: U.S.

Post by Halwick » September 30th, 2013, 6:09 am

Dragon wrote:Allow me to offer a cynic's view on this: TRUST NO ONE, NOT EVEN FAMILY.

There was a news story I read a long time ago (that I can't seem to find a link for right now) about a Hispanic immigrant gentleman living the US who won a small fortune of 8 million(?) from a lottery. His world turned upside down when he won this small fortune. All of a sudden, normal family relationships became strained. Many people in his family started acting different towards him and hitting him up for money. It got so bad that he had to completely cut himself away from his family. He now lives alone, isolated from his family and feels miserable.

Sorry to say, but this is normal human behavior. I see it all the time in little tidbits. When I was driving with my friend one time, we passed by a very large and fancy mansion, which was unusual for the area we were driving in. I made a comment about the mansion being there and my friend (who has money troubles because he comes from a poor background) said "f**k rich people" in an angry tone. He's a good guy and meant no harm by it, but there's a distinct view and feeling that people have when they see others who have much more than them. Another example is when I was at school and an instructor in a certain class of mines announced that a particular student won a prestigious department scholarship. I noticed everyone (including me) was extremely jealous when the instructor announced it. More importantly, I noticed that when the other students interacted with the scholarship winner, they had a dismissive (though not openly hostile) tone towards him, even if they weren't aware of it themselves. Although things went back to normal soon after.

What I'm saying is that no matter how much you trust someone, money is a powerful thing. It will drive people to jealousy and towards behaviors they wouldn't otherwise do. Even your closest family members might start seeing you more as a wallet. It's not their fault. You might do the same thing if they were rich. Again, this is normal human behavior. No need to assign hate or blame to anyone. But understand this behavior and realize that you should NEVER trust anyone if you win the lotto. I would keep it a secret and house the money in good accounts and/or investments before anyone ever hears a peep about my change in financial status.
The jealous attitudes of those you described in reaction to wealth or a prestigious award is known as "crab mentality". Ever notice when one crab tries to climb his way out? There's always another crab trying to pull him down.

But you're right: Don't advertise the new-found wealth, even to your relatives and friends. Don't start spending extravagantly. But sooner or later someone will find out.

If you do win that megalottery, maybe it's just as well as you fake your death and resurface somewhere overseas under an assumed identity. :lol:

celery2010
Freshman Poster
Posts: 325
Joined: July 13th, 2012, 11:18 pm

Post by celery2010 » September 30th, 2013, 6:42 am

Jeez, like there's a chance that would actually happen--

It's pretty hard to hide that fact that you have some money-- just don't be flashy and don't let people know how much exactly.

It would probably be hard to hide the fact that you have a lot of free time too--

The same rules apply if you ran into a lot of money-- people would just think you earn 200 or 300K a year---

Only your house would give it away-- as long as you don't buy a fancier car than a BMW, Mercedes or Porsche.

Just tell people you don't know that you own some real estate or something-- they'll just nod their head and go uh-huh....

Jester
Elite Upper Class Poster
Posts: 7875
Joined: January 20th, 2009, 10:10 am
Location: Chiang Mai Thailand

Post by Jester » September 30th, 2013, 6:56 am

HouseMD wrote:
Sharing information about your wealth is foolish. I think the best plan is to live simply, invest wisely, and basically forget the win ever happened. I would just use the yearly dividends from the winnings to live off of and keep to an otherwise normal life.
Wisdom.

Post Reply

Return to “General Discussions”