What to do if you win Powerball?

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KTVU FOX 2 San Francisco

KTVU FOX 2 San Francisco

Күн бұрын

If someone is lucky enough to win the $1.2 billion Powerball, what amount really hits the bank account? KTVU talked to financial adviser Tammy Trenta to get a better insight into what the winner could expect.
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Пікірлер: 97
@MakingMoneytoTravel
@MakingMoneytoTravel Жыл бұрын
I'd pay it forward to as many people as possible if I won. I always dream of blessing people randomly.
@mocancer8485
@mocancer8485 Жыл бұрын
You and I share the same spirit helping people hun
@MakingMoneytoTravel
@MakingMoneytoTravel Жыл бұрын
@@mocancer8485 Let’s do it!!!
@mocancer8485
@mocancer8485 Жыл бұрын
@@MakingMoneytoTravel I'm in NYC
@matthrwpaulbrackin7332
@matthrwpaulbrackin7332 Жыл бұрын
@@MakingMoneytoTravel are you serious at mo cancer you are part of the he thing huh well ok so give me more cancer I get it but I hope I put all you in prison for going against people even kids harming them you Angel and Jimmy j Brackin Chester James Brackin my brother and the girl that married me on 02 22 2022 and I have not been around her dents May 2022 and she been making fake accounts on Facebook and tictok and
@MakingMoneytoTravel
@MakingMoneytoTravel Жыл бұрын
@@matthrwpaulbrackin7332 I’m sorry, what?
@HamHamX
@HamHamX Жыл бұрын
So we gonna ignore the guy the dude covered in blood? Lmao
@degss87
@degss87 10 ай бұрын
yeah just casually getting a lotto ticket 😂
@danlivni2097
@danlivni2097 Жыл бұрын
It's now 1.9 billion
@jrolle2011
@jrolle2011 Жыл бұрын
Why do people assume that if you invest you will see a return? You could invest and loose it all.
@Onlyinbean
@Onlyinbean Жыл бұрын
If you dont play, you dont win 🤷
@mocancer8485
@mocancer8485 Жыл бұрын
Why so negative...I mean yes that is a reality but damn
@MakingMoneytoTravel
@MakingMoneytoTravel Жыл бұрын
True, but if you are smart about your investments, your chances of losing it all are slim.
@tubs6199
@tubs6199 Жыл бұрын
I'd just live on the intrest tbh
@jackprick9797
@jackprick9797 Жыл бұрын
The premise is that the stock market has always gone up despite down periods. With that much money, you should be able to live off the interest alone. Simlly invest in an index fund to follow that bit of advise but i would also say to diversify your income stream by investing in realestate and businesses such as laundromat, self serve carwash, ice vending machines and similar businesses that require minimal employees.
@surj138
@surj138 Жыл бұрын
wow California taxes damn near everything except lottery gambling winnings? 🤯
@onlythewise1
@onlythewise1 Жыл бұрын
they had tax on tax once to
@luperosales8632
@luperosales8632 Жыл бұрын
Very great info 👍 👌
@august21xp
@august21xp Жыл бұрын
My treasure is in heaven
@crazedgoldminner7384
@crazedgoldminner7384 Жыл бұрын
No I'm going to go down to Oakland with the team and I'm going to take 500 million and find 500 people and make sure they're never homeless again or at least do my best and in doing so I'll probably do more with that little bit of money than the United States government and all of the cities and towns in the US have done in the last 10 years
@itrollthetrolls28
@itrollthetrolls28 Жыл бұрын
This is me!! OMG I have the exact same plan in mind . I will definitely help the homeless. I am so tired of it. Especially here in Atlanta. It’s heartbreaking.
@ldub4000
@ldub4000 Жыл бұрын
Make sure it's scientifically measured. I want to know the statistics of how many homeless end up snorting, injecting or smoking their shares away. Then how many actually homeless actually end up with a solid future.
@cashh1004
@cashh1004 Жыл бұрын
Say u give a homeless person a million dollars. What if they spend wild n end up back homeless
@crazedgoldminner7384
@crazedgoldminner7384 Жыл бұрын
@@cashh1004 it's more in terms of purchasing a house fixing it up and then leasing it to him for a dollar a year on a lifetime lease if if they continue to be screw up we have the lease option to remove them
@catdogsking8658
@catdogsking8658 Жыл бұрын
Am I the only one that noticed the guy at 2:55 was bleeding from his ear while Geri g a ticket.
@Matt-fq6ly
@Matt-fq6ly Жыл бұрын
Halloween costume lol
@louremington6975
@louremington6975 Жыл бұрын
Costume was my guess too.
@mocancer8485
@mocancer8485 Жыл бұрын
I just noticed cUse you brought it up
@capnv1
@capnv1 Жыл бұрын
Probably sacrificed someone for the winning ticket
@geoffreyselvage1673
@geoffreyselvage1673 Жыл бұрын
Imitate the 1% and move the money offshore.
@pasticcinodiirucci3120
@pasticcinodiirucci3120 Жыл бұрын
Im happy for winter good luck 🎉❤
@jasonsmith1143
@jasonsmith1143 Жыл бұрын
I just need $50 millions and move to Australia
@mocancer8485
@mocancer8485 Жыл бұрын
You sure that's it
@user-ys2wj2mi8c
@user-ys2wj2mi8c 2 ай бұрын
Monaco😊
@ricocentral9227
@ricocentral9227 Жыл бұрын
Her math isnt mathing
@fern7306
@fern7306 Жыл бұрын
Yeah, she’s basically saying you can double your money on your own after 30 years… I dunno 🤷🏻‍♂️
@helensari78
@helensari78 Жыл бұрын
we can still buy tickets in the mean time I'm assuming?
@JoeBIgLotto
@JoeBIgLotto Жыл бұрын
There is one thing that She does not say. Which is if you invest it you will pay investment tax extra. For me after paying 37 percent tax am done with investment am going straight to retirement.
@user-mj7eb2nv8s
@user-mj7eb2nv8s Жыл бұрын
You don't get double taxed on the initial $600 mil that you paid taxes on, just taxes on new income from the investments. So if you're gaining 9% annually, you're paying less than 0.14% of the larger amount.
@shahidakamal3951
@shahidakamal3951 Жыл бұрын
If I have 2 numbers do I get 10 $?
@duewhit310
@duewhit310 Жыл бұрын
Dont give it to tom cruise
@BlueskyDenver
@BlueskyDenver 8 ай бұрын
They key words are IF YOU ARE a good Stuart of your money .! Many aren’t ..!
@ahmadsyarif6025
@ahmadsyarif6025 9 ай бұрын
The tax is absurb😢 in my country it about 35%
@elusstarmh
@elusstarmh Жыл бұрын
I am the winner. I fear not.
@MsJAB01
@MsJAB01 8 ай бұрын
Why does the advice to take the lump sum over the annuity leave out that one could also invest the annuity?? I wonder what the statistics are for how many go broke that took the annuity? The trend seems to be take the lump sum …go broke….🤔
@schawnettarobinson8584
@schawnettarobinson8584 Жыл бұрын
I wish
@onlythewise1
@onlythewise1 Жыл бұрын
sign it take a photo of it
@LITTLEBALLS1
@LITTLEBALLS1 Жыл бұрын
Look at 2:52 this man has blood all around his ear and shirt? Halloween is over my man?
@mrepix8287
@mrepix8287 Жыл бұрын
Halloween costume
@mentalllllll
@mentalllllll Жыл бұрын
And when the fix is in and they get caught it's a damned shame nobody gets their money back.
@halcyongrey2576
@halcyongrey2576 Жыл бұрын
I was wondering why this lady has no idea what she's talking about, then I realized I'm watching FOX News 💀
@paulinelarach938
@paulinelarach938 Жыл бұрын
Well, never bought a ticket, just daydreaming. As is at 88 years old, never knew the situation to be like seen on youtube/TV etc. Since i don't think folks should live outside. Many are mentally unable to adjust to being closed in. However rent is drastic with homes beyond reach of most.= so where do they go?=
@silverlily4681
@silverlily4681 Жыл бұрын
If I won tomorrow, I will open as many shelters as possible to save the poor and stray animals 🙏☺️🙏
@matthrwpaulbrackin7332
@matthrwpaulbrackin7332 Жыл бұрын
Angel D Roose But she is a little different than the person it should be a man not a female Angel people need to get those medal plates out there foot or there hands and stop taking from a person who was forced a shot of needles now different from I use to be paranoid I'm thinking people out to get me all the time I can't sleep at night suppose to be on pain pills but somebody else gets them
@antonymungai4001
@antonymungai4001 8 ай бұрын
I will invest
@mirsadmustafic4282
@mirsadmustafic4282 3 ай бұрын
You just talking about California
@evasmith2705
@evasmith2705 Жыл бұрын
I would buy an island.
@hudsonjamesc
@hudsonjamesc Жыл бұрын
$1.6 billion
@_Omnix_
@_Omnix_ Жыл бұрын
@Dan Lini 0$ tomorrow..cause i'm gonna take it all.
@mocancer8485
@mocancer8485 Жыл бұрын
@@_Omnix_ I'm right ahead of you pal
@_Omnix_
@_Omnix_ Жыл бұрын
@@mocancer8485 Looks like no one is ahead of us 😂 We got trolled with the delay.
@AJAL9574
@AJAL9574 Жыл бұрын
2:52 so no one gonna talk about this blood, I mean, is he ok ?
@chiccavaquita
@chiccavaquita Жыл бұрын
Haha Omg I just noticed literally dripping from his ear 😮
@mrepix8287
@mrepix8287 Жыл бұрын
Costume
@gspotlight04
@gspotlight04 Жыл бұрын
Get the lumpsum and move to dubai tax free 😂
@duewhit310
@duewhit310 Жыл бұрын
People who claim lump sum end up with NOTHING in 5 years aboutttttttttt ......... 70% of the time Because thats what being a free American is all about. Its how handing $20million+ to the average guy in the street will TOTALLY UNRAVEL him.
@gspotlight04
@gspotlight04 Жыл бұрын
@@duewhit310 If its this big 1.9B then Annuity makes a lot of sense
@mocancer8485
@mocancer8485 Жыл бұрын
@@duewhit310 😂😂that's true but every man in the street doesn't have the same thought process..for all you know he or she may have a decent plan but finances is the issue which is the 🌎's issue but when money isn't an issue life is completely different ...I'm related to two greedy uncles both of which won Powerball in 2015& 2016 and didn't say shit to the family..that's 🆒 cause at the endnof the day that's their money like this 1.9 will be mine and they won't know shit neither trust me
@duewhit310
@duewhit310 Жыл бұрын
@@mocancer8485 70%
@mocancer8485
@mocancer8485 Жыл бұрын
@@duewhit310 that's 🆒 hopefully you or I won't be part of that percentage
@mr.incredible2417
@mr.incredible2417 5 ай бұрын
Wtf is going on at 2:52 😯
@jamescampbell2260
@jamescampbell2260 Жыл бұрын
I'm sorry I don't have the money to do nothing with I can't even make it through the month I draw a check once a month and I can't make it it's very hard when everything's f****** up on me at once first it was my refrigerator and that's my washer and dryer and I don't have no money by nothing with it so thanks
@paulinelarach938
@paulinelarach938 Жыл бұрын
Would love to have every dime go to invested for permanent homes for the homeless.
@davisholman8149
@davisholman8149 Жыл бұрын
I would invest the money & have it last forever. But what I would stipulate, is that the money would be used to fund MENTAL HEALTH CARE. I would want it to be used so that no American would ever have to worry about paying for therapy - that anyone hurting could get counseling & get it right away. I would really do that with the majority of the money.✌🏽🇺🇸💕
@TravisMcGee151
@TravisMcGee151 Жыл бұрын
I do not want this woman as my financial advisor…ever!!!
@cashh1004
@cashh1004 Жыл бұрын
@@TravisMcGee151 samee
@davidfreeman9705
@davidfreeman9705 Жыл бұрын
Isn't constant blinking a a trigger that someone is lying just saying whatcha her eyes she lying lol
@riverlife2379
@riverlife2379 Жыл бұрын
GO AHEAD IM RIGHT BEHIND YOU BUT HEADING TO NEW JERUSALEM CAUSE MONEY WON'T MATTER.... ASK PAUL ALLEN $50,000,000,000.00 (MICROSOFT CORPORATION) AND ASSETS COULD NOT GO UNDER GROUND WITH HIM... JB.ok JB.ok
@KA-eu9sy
@KA-eu9sy Жыл бұрын
I would buy Twitter and rehire all the laid off staff.
@surj138
@surj138 Жыл бұрын
cool, now where would you get the other 43 billion dollars just so that Elon could break even? 🤭
@murkflow7149
@murkflow7149 Жыл бұрын
I would buy big tech and big government, means more than being president now days anyways…
@Itslavishbitch
@Itslavishbitch Жыл бұрын
Put it all in tesla stock
@matthrwpaulbrackin7332
@matthrwpaulbrackin7332 Жыл бұрын
Elon musk is a big part of this whole crypto currency yes Tesla charge car -d you cause are on here talking about stuff should not be it's not ok to take from somebody and use people and then no all bout the problem then try to file divorce and take the money from somebody you been stealing from
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