Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bones261
on 21/05/2018, 03:46:14 UTC
Quote from: RoomBot on May 21, 2018, 03:31:54 AM
Quote from: bones261 on May 20, 2018, 06:59:23 PM
Quote from: sirazimuth on May 20, 2018, 05:50:05 PM
Quote from: Anon136 on May 20, 2018, 05:37:16 PM
It's also why everyone who wins the lottery blows through it all in a couple years, they think they won WAY more than they actually did.
indeed... and the fact most are understandably clueless at financial management.
After all, hookers and blow has a fairly poor ROI.

Actually, the main problem with many lotto winners is they end up trusting the wrong people and get scammed. Another problem is that they end up being too generous with family and friends who are looking for handouts.

And it's gone before taxes are due.  Embarrassed

In the US, the lottos automatically withhold the taxes on jackpot winnings. Rest assured the state and the federal governments will get their's before one can blow it. (Especially since the lottos are run by the state governments, anyway.)