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

[Ronnie Lott]

It looks like his parents raised him right

Obviously they didn't if he can't manage money by 19

 

[Ronnie Lott]

I'd give most of the money to my parents too if I was in his position. I mean I'd be 19 years old, I'd have my whole life to make $500,000+. My mom has been working forever raising my lil bad ass. I'd be happy to give her the money.

Did you ask to be born?

 

[Zero]

Damn man, do y'all hate your parents?

That would explain more than a few things on here if we wanna be real about it

 

[Edub]

That's smart (depending on who his parents are of course)....they gonna hold him down no doubt and the probably a close knit bunch....so it's probably still considered his anyway.

 

[Rancor]

Did you ask to be born?

No I didn't

 

[badtguy]

I'd give them like 50 each.

 

[Ronnie Lott]

No I didn't

Exactly. Parents shouldnt act like they did us a favor for fulfilling a parental responsibility raising us

 

[Geek Nasty]

A lot of people know they aren't responsible enough to have that much money. I remember reading a story about a woman who's mother gave her daughter (grandma to granddaughter) about $400K in an inheritance. Daughter spent all that shyt up in 1 year without shyt to show for it.

 

[Somewhere For Me]

Damn man, do y'all hate your parents?

I want to give the benefit of the doubt and assume that they have some shytty parents but, they reek of ungrateful kids...

 

[Anyanwu]

I may have given them a quarter, but not all... that's ridiculous.

Then again since it's only $500k I doubt they'd even want any of it. They're more, "pay off your college loans, pay for grad school, and promise not to put us in a retirement home" kind of people.

 

[The Devil's Advocate]

Idiot

funny thing is he still has to pay taxes on that 500k


so he gonna give them the 500 and owe uncle same 250

 

[Pinyapplesuckas]

sheeit if i got 500k....mom gets 2. not budging on that

 

[lotteryplaya]

funny thing is he still has to pay taxes on that 500k


so he gonna give them the 500 and owe uncle same 250

He will have to pay the taxes and a gift tax. Bottom line if in the end his mission was to give them all the money he should have just given them the winning ticket to go claim. That way he has no taxes to pay and it would be their responsibility.