Sudden Wealth Syndrome

[Ethan_]

People will start asking you for loans, and while it’s perfectly reasonable to expect them to pay you back, some might think you’re being selfish or a jerk for asking for the money back simply because, in their eyes, it’s “just lottery money” and you didn’t have to work for it.

Think never tell people one got money bah. Spend on whatever necessary. Maybe investment in a small business for risk investment. But park rest of the money in bank earn interest. Then just go about work as per normal like nothing much happen.

 

[Kanko San]

The question is how Large is large.

In sg context $10m is some of the largest jackpot available, but in the context of the world it is mere peanuts when many prizes start from $30m to $100m

Yes. The prize Tag is $5 or $10M...to poor guy is a lot, but the banker already collected 70%.

Even like S$13M (HK $80M), last Sat Mark 6 Haloween Draw = No winner.

This Thu , roll over S$21M......that is at least, if 1 winner, can afford to buy a brand new SD $8m to $10m, have left over $11M for maintenance n tax for next 20 years for their descendants.

 

[rarenick]

Think never tell people one got money bah. Spend on whatever necessary. Maybe investment in a small business for risk investment. But park rest of the money in bank earn interest. Then just go about work as per normal like nothing much happen.

Invest in a small business is risk management? More like seeking opportunities rather than being a risk management.

Put money in which bank and under which type of account?

 

[Firstclass1188]

You go first. I queue behind you

If he goes first and wins then you get nothing.

 

[Shion]

usually such wealth will also disappear fast