Post
Topic
Board Gambling discussion
Re: "Most lottery winners go broke after few years"
by
Lanatsa
on 04/12/2024, 21:47:43 UTC
Yes, and that is the thing, they are going to spend most of their money and not thinking about tomorrow, and also giving gifts to other people as well. So it could really back fire on most of us won the lottery and then spend it all and in matter of years, broke again.

Everything should be done in moderation, and maybe some of us haven't experience a life changing winning, but if we do, we can only hope as well that we will not fall for this category and we will handle our money in a good way and not spend it all.

Actually people think about tomorrow, but are lazy to move from dreaming or thinking into real action. Many are smart enough to understand that large amount of money must be spend smart. Investment, money distribution between several assets, buying property. People smart to think about that. But are lazy to actually monitor property offers, do research what stocks or crypto are profitable. They always postpone that, because they are not rich yet, and would start acting only if they become rich.

People arent stupid (I really hope so). They already have a plan how to wisely spend money. But when it comes to fulfilling that plan, for example to buy property, they got lazy to find out where are better flats, whether to buy old or new house, number of rooms, sell or to rent, taxes, where to find notary, extra costs and so on. Instead they would better buy a luxury car and have fun, be happy right now. Without thinking about future maintenance, value drop or how often they would ride it.
Today's comfort and laziness reach their maximum level among many, but many want to get rich very quickly and preferably at a young age. All these reels and shorts in social networks drag many people in and they don't leave them for days, while doing nothing useful, this is burning out their potential. I don't sit in this for a very long time on principle. In fact, I think it is possible to earn enough, the main thing is not to be lazy and turn on your head at the right moments. Thinking about tomorrow is a very good indicator of a person planning, and not just living for today, as the vast majority does. By the way, those who plan far ahead make excellent investors in the stock market and probably bad players in gambling because they try to avoid it, because they know that the casino will beat you in any case, if not today, then tomorrow.
Majority now is really that looking at on their mobile phones most of the time on which they are really that indeed wasting up their preicious time on which they should have make it use into other things on which it iis really that something more worthy rather than on spending it purely on just simply watching up some useless things on which even other videos are really that giving some misinformation on which it might be resulting into making up some actions on which it will really be that making themselves that committing out some mistakes. They will really be only making up some realizations on the time that they do find out that they've been already getting old and there's something that they didnt able to achieve. People would really be only realizing at the moment that they've seeing that there's no such progress towards them.

Talking about those lottery winners that become broke after few years then it all because of mismanagement of funds or to those winnings. Usually they wouldnt really be thinking off with when it comes into the money that they are really that spending on. The main priority that they will really be having in mind is that they will really be spending up those winning amounts into the things that they've been wishing for. They wont really be caring about on establishing some business or investment since the thing on their mind will really be totally something else.