Financial Lessons from Lottery Winners

We have all heard the stories about the lottery winner who lost it all. How can this possibly happen? Kevin dives into the reasons that some lottery winners don't succeed financially. He shares the financial lessons learned from these scenarios and explains how high-income families can apply those lessons to their lives to achieve better financial outcomes and have less stress.

The lottery winner video is like a NEW high income!

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Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this video will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Moreover, you should not assume that any information or any corresponding discussions serves as the receipt of, or as a substitute for, personalized investment advice from Leading Edge Financial Planning personnel. The opinions expressed are those of Leading Edge Financial Planning as of 12/20/2019 and are subject to change at any time due to the changes in market or economic conditions.

[suhasghaskadvi]

consider lottery as capital and not as cash flow. use capital to generate cash flow and live on cash flow only.

[stifbabu]

I am ready to receive the abundance of money from Universe. God bless you all. Love from Greece.

[Carolina_Sanches]

Namaste
Iam on this manifestation Lottery since 2023.
Much Happened..
But NOW I HAVE NO DOUBTS
FROM BANKRUPT TO LOTTERY WINNER
THANKYOU🌹

[lorrainefisher]

Rule #1 - STOP GIVING A CRAP ABOUT WHAT OTHER PEOPLE THINK! Live below your means, invest and make your money work for you. All these people who have gone bankrupt have been too busy focusing on material crap and “look at me, look at what I have” stupidness. There is no reason whatsoever a lottery winner should lose it all. Don’t make it known, stop giving handouts to everyone that asks and get professional help through financial planning, tax lawyers and investment advice. Makes me crazy when I hear about this, when so many people are living paycheque to paycheque.

[yirehmiyahmagsayo]

winning the lottery, you can buy your needs in many years, if you spend on normal spending in daily life, not buying very expensive cars, houses, just live mormally, play lotto games in your whole life...live simple life, and invest oneslf in health and self education, and education

[dayneholt]

Win the lottery, you can afford anything you need. Not everything you want. 😊

[titanyouniverse]

Thank You O Lord Almighty For Continuously Blessing Me Everyday In Every Way ❤‼️

[webbmoney]

Love these lessons, they should definitely give free advice like this to all lottery winners so they don't blow all their money!

[michelleannor]

I suspect more winners nowadays are wising up on financial planning and investments. They've seen previous winners go broke, bankruptcy etc. They've watched these kind of videos and seek a lawyer, CPA, financial planner and advisors.

[rizcarlton]

No emotional decisions 🤑💖. Take your time.

[andywright]

I was fortunate enough to be lucky in the lottery but have not changed my lifestyle with fancy cars i invested wisely live of the returns and still shop at walmart and dollar tree and
invest in my health and gratitude and all the blessings

[Bookworm]

New money could learn a few lessons from old money.

[bdcochran]

I am a schlub.Same car 20 years later. Same house 44 years later.
1. the all new house two doors down is under contract. The listing price was $6, 230, 000! My house? Move in condition. No maintenance needs to be done for 5 years. Constructed in 1950.

2. I walk through the neighborhood - Rivan car, Teslas, BMWs, Range Rovers. I had the driver's seat and the headliner redone on my car last month. Ordering new struts tomorrow. The car is absolutely clean.

Charlie Munger lived 99 years. He lived in the house he bought in 1958.

My uncle died in Los Angeles at age 97 years. He lived in the same house he built in 1928! He added on when he had two kids.

[aisha-]

Thank you! I appreciate it! I will definitely take this advice as a new millionaire!

[GSAlchemy]

I respect the honesty in this video. You’ve gained a subscriber in me.

[EveBrocart]

Thank you for your honesty and for not pushing stock
Am sure you make a great adviser

[dixongecko]

I play the Euromillions but only once a month as a tease to myself. I have an outlaid plan of what I would do with the money, how much interest would be taxed annually, an idea of what I would invest in (private reptile zoo/breeding facility) and which charities I would donate too after overheads and staff wages. Admittedly I would probably live quite humbly, in my one bedroom flat. I did not have the best start in life and had to drop out of education, I would likely invest some of it into going back into study, just to say I have accomplished something myself in life. It is important to really think about what your going to do. Hire an accountant and business advisor. Work with them to forefill your dream and they will help you.

[Davidvictor]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[pgro]

With my 10 million it will double, I plan on buying a condo for just 350, 000 and plan on getting just a nice Benz 2021 gle coupe .. investing almost all of my winning to build business credit will be my best friend .. credit is where it’s at .. I plan on becoming a private bank

[caceejay]

I don’t know why I have just trust this man with my life after 1 video🤣 once I win I will probably hire him