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re: Would you share your lotto winnings in this scenario? $500,000 ticket from gift exchange
Posted on 1/13/25 at 3:38 pm to HenryParsons
Posted on 1/13/25 at 3:38 pm to HenryParsons
I would
0
Posted on 1/13/25 at 3:48 pm to HenryParsons
Wife's extended family was doing the lotto ticket thing for little gifts on Christmas Eve. Lots of talk of how people would buy everyone stuff. I told them if I won, you'd see me quietly exiting the door with my immediate family without speaking to anyone there ever again. I said it in a joking manner and they all laughed. Little did they know I was completely serious.
Posted on 1/13/25 at 3:49 pm to Jon A thon
quote:
Wife's extended family was doing the lotto ticket thing for little gifts on Christmas Eve. Lots of talk of how people would buy everyone stuff. I told them if I won, you'd see me quietly exiting the door with my immediate family without speaking to anyone there ever again. I said it in a joking manner and they all laughed. Little did they know I was completely serious.
Depending on the size of the win, completely agree with you.
Id tell my father, mother, and wife. Whoever is getting money will have it magically one day. Ill make sure it gets where it needs to go.
Posted on 1/13/25 at 3:51 pm to HenryParsons
Would it be possible to keep the winnings a secret?
$500k would be amazing but possible to hide imo.
If it were possible to hide it I'd probably have done that to be honest
$500k would be amazing but possible to hide imo.
If it were possible to hide it I'd probably have done that to be honest
This post was edited on 1/13/25 at 3:52 pm
Posted on 1/13/25 at 3:52 pm to HenryParsons
not gonna be much left after taxes, car, and invest.
Posted on 1/13/25 at 3:54 pm to SirWinston
quote:
Would it be possible to keep the winnings a secret?
$500k would be amazing but possible to hide imo.
If it were possible to hide it I'd probably have done that to be hones
500K is nothing to hide what are you talking about?
You open an account then ACH two separate deposits to two separate banks unless you plan on investing, then go to a reputable brokerage.
No one should ever know any of these details besides you are the bank.
If you mean spending it, thats on you.
First rule when you get rich, dont buy anything. Take a break, relax, get use to the money first and learn to handle it before you start unloading.
Posted on 1/13/25 at 4:20 pm to HenryParsons
I don't hate my family, so I'd probably share with everyone that participated in the white elephant in some manner, depending upon the number of participants.
It would also depend on the nature of the game. If scratchers fall in line with all of the other gifts, would have no issue sharing. If it's obvious the cousin was lazy and just got some scratchers last minute, I'd probably have some hesitation with sharing.
It would also depend on the nature of the game. If scratchers fall in line with all of the other gifts, would have no issue sharing. If it's obvious the cousin was lazy and just got some scratchers last minute, I'd probably have some hesitation with sharing.
Posted on 1/13/25 at 4:22 pm to HenryParsons
Hell naw, to the naw naw naw.
Posted on 1/13/25 at 4:40 pm to HenryParsons
Yes, of course
Posted on 1/13/25 at 5:27 pm to thelawnwranglers
quote:
$500k after taxes - let's call it $330k
I’d do it by claiming the ticket was co-owned in whatever proportions I chose. Then each person would be responsible for his own taxes.
Posted on 1/13/25 at 5:49 pm to HenryParsons
She looks like a Tim Burton character
Posted on 1/13/25 at 7:16 pm to HenryParsons
I would share, but not split.
Posted on 1/13/25 at 7:18 pm to HenryParsons
I'm sure I would share in OP scenario. I made a sizeable chunk on a business deal last year and quietly went to family members' banks and paid off their credit card balances. My own mother does not know about it, and I only gave my daughter the business card of my broker with instructions to contact him in the event something were to happen to me.
Posted on 1/13/25 at 7:20 pm to JohnnyKilroy
After taxes she will only get around $200,000.
Posted on 1/13/25 at 7:24 pm to HenryParsons
If she wants to do that, good for her.
Posted on 1/13/25 at 7:26 pm to HenryParsons
Of course I would give them something.
Improve education as well.
quote:
wining
Improve education as well.
Posted on 1/13/25 at 9:38 pm to HenryParsons
Posted on 1/13/25 at 10:32 pm to HenryParsons
I would give 100k to St. Jude to help kids
Posted on 1/13/25 at 10:32 pm to Boudreauboudreaugoly
quote:
After taxes she will only get around $200,000.
Goddamn travesty.
Posted on 1/13/25 at 10:46 pm to HenryParsons
Good for her
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