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

[Jplaya2023]

It's a smart move so he doesn't blow his money assuming he trust his parent to do right by him.

me personally i would bank the money and give my parents whatever they needed no questions asked

 

[Saysumthinfunnymike]

Even at 19 I wouldn't have blown it. That's never been me. your parents should be telling you to setup yourself for the future. They should have already done that.

 

[Roberto Firmino]

If I ever win Mom getting 51% before I do anything, my dad can

I got shyt to do...they going in a home...or getting a nurse...and I'll just come thru every weekend to see if they remember me and if they getting their ass kicked...

 

[Eastside Get The Money]

My moms deserves it, it would benefit way more people in her hands, and she is a better investor than me. I'd give moms 2hunnid, pops 2hunnid, and keep 100 for myself. In terms of money and headaches I owe them way more

 

[Arithmetic]

I would've taken the money and put 90% in an inheritance for him, without telling him

@Rockstar Mom

 

[Arithmetic]

A lot of foolish posters exposed themselves on the first page.

 

[Serious]

Let's be serious. Most 19 year olds aren't investing a damn thing

They would be buying cars, taking trips to Dominican Republic, and tricking on bytches.

Will be broke by 21......

Bingo

 

[Ronnie Lott]

My moms deserves it, it would benefit way more people in her hands, and she is a better investor than me. I'd give moms 2hunnid, pops 2hunnid, and keep 100 for myself. In terms of money and headaches I owe them way more

No disrespect bruh, but your parents didint do a great job at teaching you to be financially literate and responsible if your first action when gettin some money is to give it all away and let someone else manage it

 

[Trapperman Dave]

Id give them 50k each but at 19 I wasn't irresponsible spender

 

[DamienWayne]

id do the same thing at 19 mama

 

[Turk]

I would break my fam off with some...but I'm keeping the majority of that bread. fukk I look like

 

[GPBear]

Yet another incredibly stupid post brought to you by @Ronnie Lott

 

[pickles]

A bunch of fatherless and motherless orphans posting here. :scustscust:


It is probably for tax purposes and he probably knows his parents are good with money.

 

[GPBear]

I'm not in my feelings @Ronnie Lott what feelings would I possibly be in?

you just make a lot of stupid fukking posts all the time about a lot of dumb shyt.

I will probably neg you and call you an idiot in every single one


Be stupid on the internet, brehs

 

[Gold]

Don't you have to be 18 to play the lottery?

He's an adult, fukk is he doing giving it all to his parents?
He can help his parents with the money but still retain agency and control over it.

There's nothing wrong persay with he's doing, it just comes off as juvenile and using his parents as a safety blanket or an out so he wont have to make tough decisions.

Trust me, him giving this away to them will cause more issues down the line especially if they are not fiscally conservative with what should be his money.

Imagine 2 years later his parents are like "we spent all that money... we broke now son "

He's really denying himself a great oppurtinity to learn money management and prepare to be his own man. Nah he wants mommy and daddy to just handle that tho