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I won over $55M in the lottery, but didn’t tell my friends or family

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Re: I won over $55M in the lottery, but didn’t tell my friends or family

#2
Classic Reddit thread: https://old.reddit.com/r/AskReddit/comments/24vzgl/you_just_...

> Congratulations! You just won millions of dollars in the lottery! That's great.

> Now you're fucked.

> No really.

> You are.

> You're fucked.

This guy did exactly the right thing.

Re: I won over $55M in the lottery, but didn’t tell my friends or family

#5
I made ~50 million in crypto. By far the most satisfying part was buying a house each for my friends and family. Having a paid off house is really a massive stress reducer for most people which imho gives you the 90% of the financial freedom of being super wealthy.

Re: I won over $55M in the lottery, but didn’t tell my friends or family

#6
post #3

Other than not donating any of it, he made the right call. The fact that the winner still has the money after 10 years is evidence he took the correct course.

I would not consider not donating to be wrong, or donating to necessarily be right.

Re: I won over $55M in the lottery, but didn’t tell my friends or family

#7
This is the right thing to do if you want to keep it and stay sane. If I won I'd delete all social networking, change my phone number, set up an LLC and make purchases through that.

The quote of "I know that my parents would not have asked for a thing, but my sister would have told me to donate half to her church" makes my stomach turn.

Re: I won over $55M in the lottery, but didn’t tell my friends or family

#9
Not that much, but I did make a ton of money in crypto. Similar thing: bought a house, also bought myself a nice car.

I didn't tell any of my friends, but did mistakenly tell one of my parents, who then felt it necessary to share this information with the rest of my family.

If you make a bunch of money: I would highly recommend not telling people. The will treat you differently (not in a good way).

Re: I won over $55M in the lottery, but didn’t tell my friends or family

#10
post #5

I made ~50 million in crypto. By far the most satisfying part was buying a house each for my friends and family. Having a paid off house is really a massive stress reducer for most people which imho gives you the 90% of the financial freedom of being super wealthy.

That's the dream right there. I've got 20 years to go on my note for my house and I just think wow, once this thing is paid off I've got it made in the shade. Good on you for helping them, much better investment than just buying them cars or gifts.
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