👟 Vessis are the perfect gift under the tree and on your feet. Get the style and size you want now before they sell out! Check out their Holiday Sale at vessi.com/jubilee, code JUBILEE for 15% off your entire order if you missed the sale. Free shipping to CA, US, AU,JP, TW, KR, SGP, “Online Store”

@tangsta35

Жыл бұрын

I can see the thread showing and coming apart at 0:40 of the video... doesn't scream high quality for $160 boots...

@mrskmae

Жыл бұрын

@@tangsta35 I have a pair and they are definitely high quality!

@msahakim

Жыл бұрын

He’d win another lottery if he invested in google or amazon or microsoft around post 2000

In case anyone is curious, winning $28 million in 1999 would be the equivalent of winning $46.6 million in 2022.

@joshuawhite6743

Жыл бұрын

Thx

@skylarhillman1455

Жыл бұрын

He said 89

@justcallmelucky

Жыл бұрын

@@skylarhillman1455 before taxes

@ferninthehouse

Жыл бұрын

@@skylarhillman1455 no he said 1999

@danzwku

Жыл бұрын

Cut that in half for taxes so it's about the same xD

Thanks very much for hosting me, @Jubilee! Those were some excellent questions; that was fun. 🙂

@alitzzy

Жыл бұрын

Congrats on keeping a steady pace!

@na_148

Жыл бұрын

Do you live in a mansion?

@krilza

Жыл бұрын

Timothy you are so nice and polite!

@OneprideD

Жыл бұрын

Awesome to see you on here! Love your videos

@fernandoortiz-robles8771

Жыл бұрын

Love your content Mr. Timothy

As soon as he said he worked minimum wage at a petrol station I was immediately happy for him lol.

@TimothySchultz

Жыл бұрын

Thanks so much! I really appreciate your kind words. 🙏

@saucysalad8976

Жыл бұрын

That's because the only people that play the lottery are poor people

@Morrocanprincess

Жыл бұрын

@@saucysalad8976 Bitter much? loooool

@Slaggo

Жыл бұрын

@@Morrocanprincess Nah, it's statistically true; it's just one of those things that people blindly believe that they'll get rich if they spend money on lottery.

@tracy419

Жыл бұрын

​@@SlaggoI don't think the average person believes they will win, it's just that when you have nothing it's worth the price of entry to dream.

I’ve won £250k on a lottery scratch card, it was definitely life changing money as I paid my mortgage off and went part time but it was so difficult keeping it to myself. Soon after I went part time, people kept on asking me why and how I paid my mortgage and eventually i think people realised and they tried to blackmail me into giving them money. Thankfully I cut off all contact with them!

@VolumePerfection

Жыл бұрын

I'm glad you are alive.

@blackairforce13

Жыл бұрын

But I don't get it. Did the shop you bought the lottery scratch card from give you the money or how does it work?

@1andreia1

Жыл бұрын

@@blackairforce13 the shop only pays to a certain amount

@Duckduckobtusegoose

Жыл бұрын

@@blackairforce13ou need to go to a lottery office after like a couple hundred or something

@AM-mv6ro

Жыл бұрын

@@blackairforce13 I think the maximum amount the store can give is £100 (not 100% sure that). I had to call up Camelot, prove I had the ticket and show them that I had purchased it. It took 3 weeks in total but I was given a lot of support by the company and was given a complimentary financial advisor who really helped me!

I’m happy to see that he is doing well after winning the lottery. A lot of people end up worse than before.

@Res_ER

Жыл бұрын

Yes I’m happy as well, and I hate that people assume that you’ll just end losing it all and its true for some but not for all

@maxpotential-4074

Жыл бұрын

True! I never understood why people get worse tho 😭

@katielowery1925

Жыл бұрын

@@maxpotential-4074 i think it’s just because they think like “oh i have all this money now” and they just spend it instead of actually thinking about it.

@Knightgil

Жыл бұрын

@@maxpotential-4074 if you have problems and got money, you still got problems, only you got money too. Sure, if you're struggling to pay rent it solves a problem, but if for example your relationship with your family is complicated or you're struggling with depression or existential dread, I think it can't help you much or can even open a new whole can of worms.

@rishabhnagpal5548

Жыл бұрын

@@maxpotential-4074Winning lotteries and going broke is really common. It’s called the lottery syndrome. When a person gets an amount that they usually are not habitual with, it usually messes with them. They spend frugally and end up broke. And YES it happens with the very educated people too.

The fact that his first inclination was to buy an N64, and not to go wild spending money, set him up for success after winning the lottery. Am very happy for him that he had the financial clarity to make that money last him a lifetime so that he could pursue his dreams, as many people who win the lottery end up in a worse spot after due to financial irresponsibility and increased personal risk that comes with having won.

@whynot1639

Жыл бұрын

What is n64?

@joshuawhite6743

Жыл бұрын

@@whynot1639 Nintendo 64 and why in the world is you pfp that

@haxelprincess2871

Жыл бұрын

Well i mean it’s just the very first thing he bought lol I doubt he would go buy a house or car within minutes of winning… u usually research big purchases first

@whynot1639

Жыл бұрын

@@joshuawhite6743 what is wrong with my pfp? It's from anime called tokyo revenger incase you misunderstood with some naji symbols

@dervla_

Жыл бұрын

@@joshuawhite6743why not (read their namw

I would ask so many different questions than what they asked. Did he have to educate himself on finances? Or did he hire a financial advisor? Did he move away? What did he do in the first year that he received the lottery $? Is he still close to his family? Did his notoriety eventually go away or are people still bothering him for money?

@Secrets4theMad

Жыл бұрын

fr i was waiting for all this and so disappointed

@ncteumaja

Жыл бұрын

He did say he had to move, but yeah, the other questions would've been interesting

@ayla8345

Жыл бұрын

When you win the lottery they automatically set you up with a financial advisor. Even if it’s “just” a couple million. Not sure if they did that in 1999 though.

@Salvadoriantravelkid

Жыл бұрын

Those are too common questions and I am sure those were asked and edited

@elgooges

Жыл бұрын

Hopefully put some in mutual funds!

I could never show my face if I ever won the lottery, that sounds so dangerous

@stefan98TH

Жыл бұрын

not any more dangerous than any other millionare showing his face, which many of them do, but I get your point

@theonlythingihavetosayis9333

Жыл бұрын

No different than having a bunch of followers on social media with your picture.

@liannaxiao1651

Жыл бұрын

i wouldn't claim it until I changed my name legally first haha

@gallaxseizor9216

Жыл бұрын

Imagine working for the Cartel and winning the lottery

@moneymomofrank

Жыл бұрын

@@gallaxseizor9216 OMG! That’s horrifying to think about

This is insane that US law forces winner to reveal their identity.

@TruthFLA

Жыл бұрын

There are ways around that

@libbyyyyyyy

Жыл бұрын

@@TruthFLA yea but u gotta pay a lot

@danzwku

Жыл бұрын

@@TruthFLA like how?

@TruthFLA

Жыл бұрын

@@danzwku You have the ability to wear a mask to picking up your check. And some states a LLC or some other business entity can accept the check on your behalf. In some states someone who use sign over legal authority can accept on your behalf. It's different depending on the state but each state has a way for you to accept and still keep your privacy

@isaacwojo3273

Жыл бұрын

It depends on what state you win the lottery in

what's crazy is that he had such a believable dream he thought it was a clear enough message that he HAD to start playing lottery and he actually won

@livKail3abe

Жыл бұрын

I had that dream 🎉

@Qsen123

Жыл бұрын

many people who gamble have vivid dreams of winning big, happens to me every now and then too sadly it hasnt come true though 😂

@savedfaves

4 ай бұрын

He had a precognitive dream. I've had them before for other things. It's a real thing. The rational mind can explain anything away because the rational mind is mostly afraid of life.

“You can say I got retired at 21.” That’s a luxury, because than you work for your hobby and happiness, not for surviving. And most of people choose their jobs and profession for financial purpose.

i really enjoyed this conversation, he was very honest and transparent about his experience. very refreshing!

@salar1586

Жыл бұрын

thats bcs he us a youtuber Timothy Schultz and he is well spoken

It’s so nice to see someone who has a lot of money (specifically someone who didn’t work for it) be more humble and care about others, the contrast between this guy and the guy from the son of a billionaire video is just crazy

@HH-kg4fq

6 ай бұрын

😂what makes you think he cares about you or anyone in the audience?

He seems so humble. I love that he won it and especially that the first thing he bought was an N64. I hope he played The Legend of Zelda: Ocarina of Time. 😁

@TimothySchultz

Жыл бұрын

Thank you! Yes, I definitely played some Zelda. 😀

@front331

Жыл бұрын

Wow. What a waste of time considering you'd be financially free 😂. You realize we get a finite number of seconds to live in this world and you want to spend it by playing videogames?

@earthvariety

Жыл бұрын

@@front331 Yes. People enjoy different things. Some people would probably call your activities a waste of time if they were just out to make other people as miserable as they are. But I hope no one says that to you.

@user-jf4bq8bw5n

11 ай бұрын

@@front331about like you spending your time on here ehh?

such a genuine and well articulated guy. glad he’s doin well years after winning the lottery

This guy is actually awesome, he has his own Channel now on KZread interviewing other lottery winners and also speaks about how positive thinking really influences your physical circumstances. I’ve been watching a lot of the interviews he does with the people who won millions and the one thing I’ve noticed they all have in common is that they either believe strongly at one point they will win or they have a strong urge to buy a ticket that comes out of nowhere . Interesting

@savedfaves

4 ай бұрын

His channel is positive vibes. So easy for us to become cynical as we age. Bigger than his lottery win, his best asset is remaining positive as he ages. His biggest achievement.

I also won the lottery about ten years ago. Life changing stuff but unfulfilling. You guys can ask me anything if you wish to. I’m 29 in the UK

@BobSmith-wz4nz

Жыл бұрын

What's the most expensive thing you bought after winning that you didn't need?

@mrhewitson9415

Жыл бұрын

How much did you donate to charity?

@sayerr17

Жыл бұрын

can you venmo @sayerr17 😂

@justcallmelucky

Жыл бұрын

How did it change your goals?

@joshuawhite6743

Жыл бұрын

Fish?

Congratulations to you!!! Do you realize what a great blessing that is just to be the steward over that? That is so awesome!!!

The ignorance of people thinking they are entitled for a lottery winner to help them is wild.

@theworldisimmense

Жыл бұрын

Yes the audacity

taxing him $12,000,000 is INSANE 😭

@SpamMouse

Жыл бұрын

Not quite, he "lost" half in taking the cash amount rather than the published Jackpot sum which was to be paid in an annual annuity, then there was ~50% tax taken on the amount paid to him.

@Haribo7432

Жыл бұрын

Especially since the cost of the ticket isn't deductible. Double standard

@nikokapanen82

2 ай бұрын

I read some years ago about a guy winning over 300 million US dollars in the lottery and receiving only 90 million in his bank account, the rest went to taxes and other necessary fees. This is in the USA. Here in Finland, the biggest sum that you can win is 120 million Euros, in the Euro Jackpot lottery and you will get that precise 120 million Euros in your bank account.

It’s nice he’s still alive. So many go missing after winning the lottery.

@intence1233

Жыл бұрын

So if u win the lottery just move away

@frieza2235

Жыл бұрын

They’re probably just hiding

This guy is SO damn familiar I refuse to believe I havent seen him anywhere else before, but honestly I’m starting to think that he just reminded me of Hank Green?

@Dev-fw2og

Жыл бұрын

yes omg he reminds me of the Green brothers haha

@localaesthete2646

Жыл бұрын

@@Dev-fw2og yes literally!!

@vivacev

Жыл бұрын

Oh yeah that's it!

@NPfan100

Жыл бұрын

Male Ellen

@MrJslwww75

Жыл бұрын

You could've remembered him from that documentary of lottery winners he was on. I recognized him instantly.

He says he can’t answer his networth due to a non disclosure agreement but he was in a documentary and they reported he’s down to 4 million dollars. He spent a lot of money on movie productions and movie festivals which haven’t made any money to recoup the losses. His networth is about 4 million dollars and that was a few years ago. The documentary is called “winning the lottery: not as easy as you think”

When i was 16 my dad won 500k from sports toto lottery.. and he gives me and my sister 50k each .. and on 2020 my sister won 2m from same sports toto lottery.. and here am i still waiting for my turn 😅 the prizes currently at $22,000,000 ... Wish me luck 😁

his presence and the way he speaks is so comforting and refreshing

This guy is very down to 🌎 and practical 👏 💯❗️Nice to see that he didn't loose his mind or became a jerk after his wealth..what a blessing hope to experience that financial freedom not have to worry about bills every month & the Freedom to pursue goals without financial strain🙏💯❗️

I would love it if you guys talk about a topic of those with siblings and birth order, and who has it the hardest (oldest, middle, or the youngest) and even being an only child. That would be interesting to talk about. EDIT: it would also include step siblings/ half siblings and even twins/multiples

It's important to note that his winning was inspired first by a dream.

@TimothySchultz

Жыл бұрын

Thanks for your comment; I find this type of thing fascinating! In addition to my own dream, I've met and interviewed plenty of other people with similar experiences.

@heywrandom8924

Жыл бұрын

Coincidence and selection bias. You don't hear about the million others that had a dream and nothing came out of it. Also it didn't happen the same day nor the day after but months after. Imagine if he tried spending big everyday for months because of a dream, he would have been broke before he even won. He probably doubted the dream at some point and just continued with a gambling habit he had and got lucky.

@frieza2235

Жыл бұрын

Gonna try thinking hard about the lottery before I fall asleep tonight 🤞

@savedfaves

4 ай бұрын

@@heywrandom8924 You are using rationality to explain something that cannot be explained rationally. I've had several dramatic precognitive experiences. For example, one time I heard a woman's voices one week before I met her in a foreign country I had never been to before. You cannot use rationality to explain everything. Had you had a similar experience you would understand this point. Precognition is a real thing. In my case I experienced what I would experience. Like a reflection of your own experience. The mistake we make as humans is thinking we understand what time is because we have a way for framing and explaining measured time. Think of conscious time as our perception of measured time. You can explain away Timothy's experience as coincidence, but that doesn't mean you are correct. You may not be. You may be. But you may not be. I've had these kinds of experiences and Timothy talks on his channel about having them. Not just this one but others too. Life ain't so simple.

@heywrandom8924

4 ай бұрын

@@savedfaves hi (:. Thanks for sharing your experience. I use a doubt first approach not to get lost in stuff because there is a lot of stuff one can get lost in with more or less bad consequences. In particular, gambling addictions can really mess with people's lives and I think it's important for those that want to see patterns everywhere to not get caught up in putting in money for every pattern they think might be the winning one. Other than that, taking a doubt first approach, I can also consider the possibility of mystical connections, as I have no definitive proof that such things are strictly impossible. Given many possibilities to explain a scenario, If I were to choose a mystical possibility, then I might be inclined to the same for every scenario as one can maybe always choose a mystical explanation. That wouldn't be very useful, it would stop truth seeking. So I prefer consider explanations that don't involve mysticism first. Another reason to put mysticism at the end of my possibilities list is that there isn't any scientific evidence for it which means it could just be in my head. For the lady that you mentioned, the sound of voices are not very precise in my head and people have similar voices so it's not that unlikely that I would hear someone that has a similar voice to a voice I heard in my head. I don't know if the voice for you was quite unique but, without being able to infer the exact voice you heard in you head and the lady you heard, it's hard to confirm what you experienced as being the exact same voice.

I love seeing so many comments that are happy for this guys prosperity, that's really cool :)

I love Timothy's channel ! Thank you for doing this interview 😀

I like this guy! I’m glad someone like him won the lottery ☺️

His KZread channel is great! He interviews people who got sudden wealth thru the lottery and other methods.

Money doesn't buy happiness. It buys you time. To do the things that make you happy.

@aliqazilbash7905

Жыл бұрын

@__jubilee DM where?

@amazingdany

11 ай бұрын

It also buys you better healthcare and the invaluable peace of mind! Maybe education as you can say adios to crushing loans and further your academics!

If I won 28 million, no one would know. I wouldn’t tell a freakin soul

@intence1233

Жыл бұрын

Not even ur close family

@brielle6306

Жыл бұрын

@@intence1233 nope. I wouldn’t trust them to keep it on the low.

@henrylivingstone2971

Жыл бұрын

@@brielle6306 In some states you don’t have the option to stay anonymous only 14 states allow you to stay anonymous

@Goodkarma36_

10 ай бұрын

Same with me. My family dislikes me and I don't have any friends. Nobody has access to me now 🤷🏿‍♀️

Timothy we loven you and your experience! I follow you too and your KZread channel is fantastic!!👏👏👏

Lmao the Cheesecake Factory, spoken like a true broke person😂🙋🏼‍♀️ We aren’t even thinking big. We just want a solid meal hahaha.

@Goodkarma36_

10 ай бұрын

😂😂😂😂

I honestly think that if I won the lottery not much would change. I have a nice house I live in a safe clean area I am surrounded by people I like I have all of the access to the wonders of modernity and I like what I do for a living. Why on earth would I change a thing except maybe buying a nicer house and helping my family and friends out?

Timothy is such a great guy! I recommend his KZread channel! 👍

Wow the shoes from Vessi look so amazing! & awesome video, cool video Jubilee thank you for interviewing him, this was nice & informative.

I once went on a date with a woman had won the lottery for a large sum of money. The date was about an hour long and I spoke for about five minutes. She talked the entire time. I have a feeling that she just burned through her money, but I’ll never know

He’s like the humble lottery winner ever

I love hearing his story

I was impressed by his self-control and self-awareness at such a young age. Had I been the winner of that lottery in 1999 at age 28, I would have very likely gone broke.

@henrylivingstone2971

Жыл бұрын

He lost half of his money. He’s down to 4 million dollars.

@holdfast7182

Жыл бұрын

@@henrylivingstone2971 That's still $4 million more than I have.

@jhoncena1111

Жыл бұрын

I would allocate the money towards a dividend portfolio, the SP500, Bitcoin and Bitcoin related assets, a trading account, a house, car, traveling, and leave the rest towards savings and an emergency fund.

@DieTryingK

Жыл бұрын

@@henrylivingstone2971 lost? you mean used.

@tasneemahmed5821

Жыл бұрын

28 is on the cusb of 30...you can't possibly be so immature at that age

It's crazy how such a small choice can alter someone's life so intensely positively and negatively lol its crazy it makes me want to play the lottery myself but i mean I'm more likely to be struck by lightning than win the lottery

@savedfaves

4 ай бұрын

Timothy likes to say this, and others on his channel have said this too that winning a huge amount of money tends to magnify your personality. Which would you prefer to happen, winning the lottery or getting stuck by that lightning? I'll take the lottery.

The first thing I would do if I won the lottery would be to get a maid service because I hate having to clean. Money does buy happiness in certain areas.

@maxime6093

Жыл бұрын

I quite enjoy it luckily 😊

1:55 this guy is making me cringe so hard. He makes himself sound like he’s trying to suck up to the guy, hoping to grab a few grand after they’ve finished 😂.

canada has wayyyy lower/if any taxes related to prize money you win, so it's always crazy to me to see how little people who win the lottery or game shows actually take home

@piiinkDeluxe

Жыл бұрын

Germany has no tax on lottery wins

@SausageandWine

3 ай бұрын

Same in France@@piiinkDeluxe

He’s well spoken!

I once had a vivid dream that I witnessed a car crash, got up, drove to the dentist, and the car in front of me was hit by another car. Thankfully no one was hurt although it seemed like the one driver was having some kind of issue that caused the crash. But wow it really rattled me! I wonder if we'll ever find out why people sometimes have dreams that predict the future.

@paulallen2919

Жыл бұрын

The world is weird

These are such great questions

Nothing like a humble lottery winner. I need that dream too =D

Seems like a great guy

In case anyone is curious, winning $28 million in 1999 would be the equivalent of winning $46.6 million in 2022. domico lamar goggins

5:38 girl he’s not gonna date you give it upp😭😭

@stephhawkins3306

Жыл бұрын

Damn

@TheChosenNerd

Жыл бұрын

@@stephhawkins3306 this is thi s is so sad

It couldn't have happened to a better person, thanks for the insight. Really 15 mill for the rest of your life, you still would have to be frugal and smart with your dough. The rest of us don't get caught up on winning the lottery. Manifest a business that you would be in love with. Start your grind now.

I’ve had many dreams come true .! I should start a dream journal 📓

My dad has lowkey had a gambling problem with buying lottery tickets and I’ve internally vowed to not buy them but this dude makes me want to go out and get one😭😭🤣🤣

@savedfaves

4 ай бұрын

There has been a couple of people he interviewed that genuinely sounded like they had a gambling addiction but then they won like $30,000,000. Paid off lol.

I've already seen him before. He was on the Documentary "Millionaire Life- Not As Easy As It Sounds". He said a lot of the same things he mentioned here.

I remember when I came into a windfall. It wasn't anywhere near a million, but it was significant in that it changed my life. It was the happiest moment of my life.

Australian lotteries are much less of a rip off than American. You are always anonymous and you receive the whole advertised amount, completely tax free. The only time you are taxed on the amount is if you make any further profits off that money.

@persoro4015

Жыл бұрын

yeah, but they are way fewer and way less then some of the big American lotteiries

5:42 You know shes trying to butter him up so he could be her sugar daddy! She did want a Honda Civic by the end after all!😆

If I won that much money, I'd buy eight pairs of sweatpants.

Awe he seems sweet lol

@Techie1224

Жыл бұрын

the more money the guy owns the more attractive he is lol 🤣

Omg the resemblance between Timothy and James Murray from Impractical Jokers is craaaaaazyyyyyy!

Yes , having the vivid dream of winning the lottery was meant to prepare you for actually winning the lottery , it was meant to be . You are just part of life's puzzle and still no more or no less important in this butterfly affected universe .

Glad he made it and not gone broke

“I’d go to the Cheesecake Factory” 💀💀

If I won 28 million - taxed, yes, also about 47 million gross in today's money - I'd use some 25% of it to buy me and my close circle of friends/family homes and such, then sit on the rest until I find something future-proof to invest in (humanitarian or not). It feels like the most responsible thing to do to me.

@frieza2235

Жыл бұрын

For me it’s to only share with my immediate family and give to the church

@amazingdany

11 ай бұрын

Such amount would be really unbeneficial personally. I'm so bad with money.

@Tobi21089

10 ай бұрын

​@@frieza2235church is rich enough I always hate it why having all those insane buildings if it is about believing?? If I believe in something I will pray in a completely destroyed building in the dirt no need for the fancy stuff...

@WeShallOvercome_

3 ай бұрын

A lottery winner bought his friends houses, and they all sold up and moved away, and he lost contact with most of them.

I cant tell if he’s 25 or 51

@danielekberg1666

Жыл бұрын

44

@Cha0skitt3n

Жыл бұрын

If he won at 21 in 1999 how would he still be 21 🤔🤔

@R1ch4rd

Жыл бұрын

@@Cha0skitt3n by the looks obviously

Ask me anything… but I do have an NDA 😂

I couldn’t imagine acquiring that amount at such a young age and I’m 24 I feel like this has to have drastically changed the outcome of his life

LMFAOOOO NOT CHEESE CAKE FACTORY 😂😂😂😂😂 that took me outttttttttttt

1:49 I've never cringed sooo hard. What a goofball 🤣🤣

Glad your doing well and that the money didn’t send you down a dark path

Ooofff I was thinking how would it feel to win a lottery when you turn 90! I wonder if I will be happy or pissed as a human being!

Making a business or using that money to generate reaccuring amounts of money as well as investing is the smart thing to do instead of spending it all and relying only on it as most average people would do

@amazingdany

11 ай бұрын

Real estate it is!

He sounds grounded. I am glad he won.

5:36 he handled that as well as anyone.

Yes for me money can buy happiness for sure I love 💕 money so much money is everything for me

Besides things they asked they should of asked did he walk out on his gas station job, not go in the next day… 😂 just wanna know. If I won the lottery the first person I would call is my mom.

Thats Murr from Impractical Jokers!! it all makes sense now..

1:51 he is cringing so hard hearing cheesecake factory guy talking like that

He's pretty jacked. I want to know what the luxury of never even thinking about medical debt must be like.

Asks: “What’s your address? 🤔”

It's wise to not come out to the public if you win the lottery. Now people will have monetary expectations from you they otherwise wouldn't have and it never ends well. Stay silent, invest, and spend wisely. Your life will be better as a result.

@henrylivingstone2971

Жыл бұрын

You don’t always have that option of anonymity

@glizzyap4912

Жыл бұрын

@@henrylivingstone2971 you literally do. LLC and or a trust

@henrylivingstone2971

Жыл бұрын

@@glizzyap4912 You literally don’t. Even when using an LLC or a trust you have to reveal your name and address. It’s for transparency reasons. That’s what happened to Shane Missler of Florida, he used a trust but he still had to reveal his name. That also happened to the Florida couple Maureen Smith and David Kaltschmidt who won 1/3 of the 1.5 billion in 2016, they used a trust but they had to reveal their names. Or the winners in Tennessee known as the Tennessee twenty who used a trust but had to reveal their identity. An LLC or a trust does not ensure anonymity unless it’s a state that allows anonymity. There is only one case in which a lottery winner has used an LLC to claim lottery winnings and that was in California and that’s because she sued the lottery commission. Unless you can prove without a reasonable doubt that revealing your identity would put your life in immediate danger, there’s no chance that you can claim anonymity when claiming a lottery prize in a state that doesn’t allow anonymity. Also pushing litigation against the lottery commission does not guarantee anonymity since most states have a grace period in which you can claim your prize. If your lawsuit goes beyond that grace period, you don’t get the money and now you’re stuck with the legal fees of the lawsuit. Most states have a grace period of about half a year, if the lottery commission decides to prolong the proceedings due to clerical or technical issues then you have no recourse. An LLC is not a solve all solution, since the lottery commission is a government mandated entity, it will not bend to civil actions like anonymity for the sake of comfort. Don’t listen to everything you read.

@glizzyap4912

Жыл бұрын

@@henrylivingstone2971 everything you said is false. The people you refer to signed both the LLC and their name on the ticket meaning they had to list both entities. Here in Long Island NY a group of people that worked together used a LLC as a loophole. None of their names or any information relating to them was released. You know how? Anonymous Trust. Another way is an anonymous LLC but that’s limited to certain states. There are loopholes believe it or not. When’s the last time you’ve seen a lottery press hearing held?

$15.9 million (his after tax winnings) in 1999 would be $29.0 million in 2023

I wouldn't tell a soul I would invest conservatively I would give to orphans, and disabled children charities I would live a simple life, near a beach preferred

@SausageandWine

3 ай бұрын

what mean conservatively ? around 5-6% year ?

Congrats to the guy for not going broke after 5 years because most lottery winners do. Most people think it's endless and or just not logical when it comes to spending it on too many frivolous things...

What did they invest the money in?

this makes me wanna buy a lottery ticket lol

1:22 to start video

One question people dont ask is how many times u played till u won! I think this needs to be asked to see how some are just extremely lucky and how some just play for months/ years and hit it. I'm glad this was asked here somehow, not direct, but he said he played for a few months before winning. Congratulations 🎉🎉🎉

How did I know that the woman who asked how sexy his credit score is, would want something from him? She's the type of person you need to avoid.

@vkkl6213

11 ай бұрын

yeah it was obvious she was trying to flirt and true enough, she jokingly asked him to buy her a car at the end

Someone needs to teach that one girl how credit scores work

@amazingdany

11 ай бұрын

Mine's not at max but still upper-end of it! 💪

Well this guy is deffo smart af buying real estates and making other investments back then which would have substantially increased in value over time. I see lot of stories now about lottery winners spending it recklessly to the point where they’re broke/homeless.

“ I would go to Cheesecake Factory “ yea me too lmaoooo I want those cheesecakes.

2:43 i had a vivid dream of being in a new apartment and arguing with someone, it then happened for real, it was a new apartment with my dad. and i was like HOLY!!! SH!!! THIS WAS MY DREAM,DEJAVU. he aint lying. if you do have realistic dreams. be prepared. he aint lying

I'm a new millionaire...didn't win the lottery. But everything he said about how people change when they know you have money also applies to me. They don't see you, they only see your money.

@ryan.1012

Жыл бұрын

I’m 19 and want to be a millionaire, what’s your advice ?

@eenchantress5113

Жыл бұрын

Yea what are some tips to become a millionaire

@happymck4641

Жыл бұрын

a million gets you a small house nowadays, it's not too rare. I would say only the people who live in poverty would experience what you're saying haha.

@dripgod4771

11 ай бұрын

@@happymck4641🤓🤓🤓

@amazingdany

11 ай бұрын

@@ryan.1012 Be your own boss in whatever business possible ie real estate, internet, etc. You'll NEVER have 7 figures in your checking account working for somebody else. Other ways to become millionaire but will require side-stepping the law and maybe one's integrity!

The woman asking whether his credit score was sexy was painfully cringe.