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If I weir to win what do I need to know to be ready to handle any large amounts of money if I never had any responabilty over any befor I'm living on SSI right now and Foodstamps and medacade I'd rather be safe than sorry

2006-11-27 14:03:52 · 11 answers · asked by jetrose2000 1 in Business & Finance Personal Finance

11 answers

Another term for lottery is idiot tax. If you take whatever amount you will spend on tickets and invest it. I'm betting you don't know anything about investing. So you should speak with a banker and have an automatic withdrawal investment acct. Throw it onto a balanced fund and check it 30 years later. you'll probably be a millionaire depending on how much you throw in every month.

2006-11-27 14:37:34 · answer #1 · answered by Anonymous · 0 0

I think that should efenately be smat about it. Like get the stuff that you really need first . Than put a percentage of it in the bank so you have some money for your bills and expences. Then you should spend the rest on things that you want. If you do when the lottery, you have a right to get whatever you want. And, by the way, if people try getting you to give them some, say no. Unless you can really trust that person.

2006-12-05 08:27:59 · answer #2 · answered by Cakes 1 · 0 0

First of all, lets restate your question. Instead of saying, "I hope to win some day" Say you will win the lottery. Claim what you want in life, and it will be given to you. I seen a lot of negative comments to your question, and never mind them, they will probably always be broke. When you win the lottery, always think about investing into a legitimate business where you can build assets for yourself. RESIDUALS!!!! is the Key. Invest in a company where you can receive RESIDUALS. Also, it's ok to hire a financial planner, but not to invest all of your $$$$. So repeat after me. Money comes easily and frequently, and you will hit the lottery. Vision this and it will happen.

2006-11-27 14:24:35 · answer #3 · answered by willia683 1 · 0 0

If you win, the state will give you lots of help with what you should do, including getting an unlisted phone #. You'll need to get a reputable financial advisor to help you.
You should also get a lightning proof suit now, because you have a better chance of getting hit by lightning than winning the big jackpot.

2006-11-27 14:16:04 · answer #4 · answered by Papa John 6 · 0 0

Racism has no longer something to do with it. If it became into racism, then Brazil might alos be a sufferer, on account that maximum of its gamers are non-white. communities like France and Saudi Arabia even have many black gamers. If ecu communities have been accepted over non-ecu communities, then mayeb you will possibly have a element. yet to declare that referees desire the two ecu AND South American communities, and yet are "racist" isn't sensible. extra, interior the final couple, international locations like Japan, Korea abd Turkey did ok. All non-ecu and non-S. American. easily, Ghana lost because of the fact they are in a position to't shoot at once, no longer because of the fact of referee racism. Ivory Coast and Togo did nicely, yet lack journey to end their performs. Tunisia (which isn't black, by the type, subsequently returned going agaisnt your element) has the msot journey of the African communities, and is between the perfect African communities in African continental play, yet they do no longer seem to do too nicely in international Cup play.

2016-12-10 17:25:58 · answer #5 · answered by ? 4 · 0 0

Though your chance of winning a lottery is 1 in 6,000,000 trials. Hope is only thing that keeps everyone alive and sane in this world, keep having faith someday you may win a lottery. when you win, who can manage it by investing in some useful bonds or contact a good investment banking people, so you money is invested in good funds and get some return out of it..............

2006-11-27 15:41:31 · answer #6 · answered by Intelligentia 2 · 0 0

You'll have lots of advisors ready to help you should you win; they'll put you on speed dial.

2006-11-27 14:13:57 · answer #7 · answered by NYMaven 2 · 1 0

sorry to say this, but your not the only one, who hopes to win

2006-11-27 14:13:05 · answer #8 · answered by Tammy F 5 · 0 0

if you win hire a financial planner and dont waste it on crack

2006-11-27 14:12:12 · answer #9 · answered by wookie 3 · 0 0

hop is not a retirement plan

2006-11-27 14:12:54 · answer #10 · answered by Anonymous · 0 0

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