Michigan Teen wins lottery and gives it ALL to his parents. Smart or Dumb move?

timeless

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I think this ultimately drives your opinion on his decision. My parents took a second mortgage and dipped prematurely into their retirement accounts so it would be nothing for me to give them 500k. On the other hand if they just did the bare minimum and didn't do anything extra for me I probably would keep all the money for myself

Absolutely. I value my mother for making the moves that would benefit me in the future. One day I'll be able to do the same for my own, if possible.

And your parents sound like really awesome people! Cherish them forever!
 

AlainLocke

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Damn man, do y'all hate your parents?

Nah my parents are cool and shyt...but I gotta do what I gotta do and my parents totally understand that...

My parents barely ask my sister and I for shyt and I barely ask my parents for shyt and I do nice gestures here and there...
 

Ronnie Lott

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If I worked for 500k it would be a lot harder to give it away. If someone just dumped it on me I'd help my parents and expect them to invest it responsibly because at 19 chances are good I'd squander it.

You obviously don't believe in yourself :manny:
Youre placing expectations onto other people by assuming your parents Will help you
 
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AlainLocke

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You obviously don't believe in yourself :manny:
Your placing expectations onto other people by assuming your parents Will help you


I don't think these nikkas read about child stars and etc and how parents will do their kids daughter...

Let's be real...the prevailing mentality for a lot parents is that "You fukking owe cause I made you..."

And when money comes into play...it's different...

And there are some 19 year olds and shyt with good sense...

shyt if my sister won the lottery she'll probably be rich forever cause she's a damn Jew when it comes to money...
 

southpawstyle

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You obviously don't believe in yourself :manny:
Your placing expectations onto other people by assuming your parents Will help you
Im not 19 anymore. My Mom does still have a lot of medical bills so maybe I would give her the money today. The fact that we dont even know the families situation and people are shytting on the kid is just weird to me.
 
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I've always been good with money. So even say 19 I would not have blown it. I was in college, as were my three siblings, so I would've covered everybody's education, took the fam on a vacation and stacked the rest. :yeshrug:
 
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