How A Lottery Winner Spent All His Cash In A Year | Blew A Bag

Melle Mel got off on parole and went to having $1.3M overnight.
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Melle Mel went straight to the casino right when he got out the pen. He had no idea he'd hit the million dollar lotto and get rich overnight! He took the lump sum, which he says was the dumbest decision of his life. It was all down hill from there. Buying cars, strip clubs, chains, while also giving back to the neighborhood.
If you hit the lotto, how would you spend it all?
#BlewABag #Lottery #MelleMel
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[@brodyb1985]

If I had 1.3M and suddenly saw 15k left I would literally be sick to my stomach, within a year! That's just stupidity and irresponsibility at it's FINEST people!!!

[@butteredbread1756]

Lmao Was it within a year fr?

[@Christof708]

At least he had fun and partied like a rockstar. Lol

[@tycoontroy1484]

what about when you are lying on your death bed and realize that you never experienced .5% of what he did or had a million dollars, would you feel sick to your stomach then?

[@brodyb1985]

@@tycoontroy1484 it doesn't matter cause you never experienced it, but to have it and loose it all is depressing sooo..... yeah, what the hell are you talking about?!

[@VashtiPerry]

Brodric Johnson I would cry 😭

[@donperrignon]

The lump sum wasn't the issue, bad money management was.

[@donperrignon]

@O P Any money is bad for people with poor money management...

[@NoCumBacksiFunny]

Being black*

[@AccentBwoy]

What's a lum sum

[@donperrignon]

@@AccentBwoy Getting the money all at once vs getting the money every month over a period of time.

[@AccentBwoy]

@@donperrignon oh thanks. I would take everything buy about 3-4 foreclosure houses from the bank rent them to start off and then seek a financial advisor a lot of ppl say invest first but investing doesn't always guarantee money.

[@shelocsher2396]

He messed up with his very first move. Wired $10,000 and gets hotel rooms “for everybody” 🤦🏽‍♀️

[@thatguybill34]

Should of got rental property

[@moenlighted7681]

Floyd money spender badweather

[@keithwilliams8623]

Tacarra M I swear I would've invested a quarter of that shit

[@Streetmodz-Joe]

I was thinking that as well!!!!!!! Lol

[@jerzeymic1467]

@@thatguybill34 could of got a nice 90 unit apartment an at least had monthly income..

[@rozaymills642]

My first plan if i won 1.3 mill is to go home and act like i never won anything no jewelry no flashy cars just a nice small house in a nice neighborhood thats all

[@kinggeorgeiii7761]

Easier said than done.

[@princeeddy1001]

Noo, you can’t . Maybe now you haven’t won

[@comeagain9074]

Rozay Mills Peace

[@nanapearlpearl2696]

Rozay Mills me too

[@NiaMSnow]

same

[@dainyboy2235]

I won $5000 on a $5 scratch off in 2007 when I was 18 & bought a fresh '96 Impala SS it wasn't the best, but I got off the bus 🚌 & had my own ride work this year I've been working there for 11yrs. & still got my SS 🚗💨

[@babyzorilla]

Right on

[@MrCams2011]

Nice choice, can’t go wrong with 96 ss

[@rexmonte3438]

Same exact story for me just bought mine in 2010. Bubble Chevy FTW

[@user-ot9tr2gg2d]

cool story bro.

[@rickflairbitch6487]

The pala is a clean ride, but personally always wanted a ‘96 road master with the SS wheels on it. That’s a clean ass whip. But 11 years that’s what’s up and still got the whip

[@alexiscanjura9497]

The biggest mistake he made was opening his mouth

[@ecclairmayo4153]

Big time!

[@latenitebreepinblood4724]

Period

[@pinkglitter4258]

Alexis Canjura 😂😂

[@JMunizZae]

Alexis Canjura facts I was thinking the same thing

[@coloradoking5232]

On tha Real!!! Makes me wonder💸💸💸

[@keilonjackson3388]

I never seen someone so happy to lose the money of a lifetime in one year

[@CoffeeAd]

well there's nothing he can do now about it, but learn from it.

[@lifeofdyme4057]

DonKiloBoss #7 because he was living his best life

[@martinirecords9471]

He didnt work that money and was not educated enough to value it

[@spiritanimal7516]

That's what happens when your IQ is 70.

[@guru_basketball_kiero]

Aye. No regrets

[@Miss-ru5tb]

This is Mel, Don't be like Mel. ... .

[@KevinP32270]

lolol

[@stephencook7337]

😂😂😂

[@jayebogar]

Lol true

[@Explocify]

IG?

[@CiaobellaAmour]

Best comment 😂

[@Omnitrix8]

A fool and his money are easily parted. The Bible.

[@loosechange7963]

Amen Brother ! Or Sister ! LOL😄

[@loosechange7963]

Amen Brother ! Or Sister ! LOL 😄

[@muffychao2373]

Omnitrix8 amen😎

[@aarona.dubzperson8245]

Facts

[@voicebehindascreen8138]

Omnitrix8 Lol that’s actually not in the Bible

[@TheRaider2006]

This guy is the reason why I studied finance and stay away from people who cant manage money.

[@Stephan5916]

Judging by your picture you're black and I'm glad you've chosen that occupation and yes, it's best to keep away from people like that.

[@indigophoenix9292]

Errick Wright stop it you got into because you like numbers.

[@TheRaider2006]

@@indigophoenix9292 and that too

[@comeagain9074]

Probably was too arrogant to take advice, money+ arrogance = you are f**ked

[@comeagain9074]

Great idea, messing with losers sure to pull you down

[@Zeke-nd4vw]

1300 a week along with a normal job would be picture perfect

[@siesiechampion]

Smart af. WITH A JOB that's easily $4000+ if u get full-time too!!

[@sidharthchand8072]

Not really if you die of cancer / accident in 5-6 years. I would’ve taken lump sum & bought a house paid the tax man and kept working

[@1cocrazy]

And you can still live comfortably if you want

[@urekmazino6800]

Facts

[@thatlovegirl12]

Ain’t no way I hit a lotto and I’m going back to work... I would have spent only $200k between buying a small townhouse and investing in a franchise like Chick-fil-A or Starbucks. I would have put the rest of the $800k in a bank.... he was doing too much. Buying strip clubs and lounges...

[@Zzzzzzz543]

Bruh I would take 1,300 a week and still work my job

[@DaddyAZTL]

You dont know if america could be destroyed in ww3 next week better take that 1m not to mention inflation. That 1.3k could be like 1$ in the future

[@norisknorise9592]

AZTL good point but elaborate a little better

[@ironman332]

I would do scrap metal for the rest of my life

[@kiddkidd3401]

@@DaddyAZTL that's not tree.

[@CurtisReese-tl7ip]

1300 a week? I'm not working anymore. That's 5000 a month.

[@UndergroundChemist]

1300 a week sounds good to me

[@caveman357]

That's very decent money. Wouldn't ever have to work

[@TheArmedassailant]

I wonder what happened to the businesses

[@aaronjones9952]

Exactly 🤦‍♂️

[@PhotoLabMP]

$1,300 a week isn't a lot of money, unless you're a crack head.

[@yoneezy123]

Helll yea bro and getting a side job off the books u set

[@campc1]

If you can't manage a dollar, you can't manage a million of them.

[@sweetcherry4282]

No the truest statement

[@mustwatchthis50]

Preach

[@premesupreme713]

campc1 AMEN✊🏽

[@gullybop1695]

Right on!! That is a Universal Law Campc.

[@ONEOFAKINDSISTAH]

Wouldn’t it be great if BET actually had a show that showed people how to make money, manage money etc but noooooo lets go with this nonsense 🙄

[@belafonte5519]

💵💴💷

[@robertw.kennedyjr4021]

You really think VIACOM is gonna tell us anything to do to better ourselves 'positively?' Naw, and they use Black & Brown entertainers to feed us this same foolishness. It's a dirty game family

[@takeova189nadex7]

You hear me

[@craigsliwstdcs4135]

@@robertw.kennedyjr4021 blame jew

[@craigsliwstdcs4135]

@@robertw.kennedyjr4021 not normal white people

[@CV-dl3hj]

He should have listened to the slot machine because it was trying to tell him to take the Cash for Life

[@OwolabbyAzeez]

CV 2153 facts lol 💯💯

[@fargetofargeto5494]

😂😂😂👍🏾👍🏾👍🏾💀

[@nanapearlpearl2696]

CV 2153 😂😂😂😂😂😊😊😊😊😊😊😊😊😊😂😂😂😂😂

[@comeagain9074]

He said he thought someone stole from him ?? YES they stole his "common sense" smh

[@fredo3106]

But what something happens to him and he passes away a few years later?

[@xoangelicaf0523]

Boy you won 1.3 million not 300 mil lol.. you have to take a week of just figuring out some ish. First thing he should have did was set a plan to how get more money bc 1.3 million can go by fast if you’re no careful.

[@xoangelicaf0523]

Prynce Al white ppl do it too look up dumb lottery winners it’s all white ppl lol and they had hella lot more than 1.3 million... I think people just get money happy I say what I would do with it if I won it but you don’t know what you’d really do lol

[@9doe212]

1.3 million Could Go R-E'A-L. FAST For Someone Like 🚗H-I-M!-!!!-!! 🚗

[@jadexade2337]

xoAngelicaF i agree, he should have invested in stocks or franchised..this guy is a idiot.

[@letsgetfree2600]

@@jadexade2337 str8 dumbass you right he should've invested it

[@ii9714]

@@letsgetfree2600 Even buying property would have secured him financially if he rents it out

[@ac_0067]

$1300 a week he should have took that, i know alot of people who graduated college and don't even make that much in a week.

[@daviddang82]

Lump sum always man. Poor mentality will say take annuities

[@lifestories3456]

Yeah you’re right, I’m “a lot of people”

[@red88alert]

I'm making $1,050.00 a week for now and I never graduated from college either lol

[@Sutterjack]

@@daviddang82 OK he took lump sum and where is he now? Exceptions to every rule - the dude was young and could probably live long enough to appreciate the weekly payouts.

[@theafromath]

He was living like a 2Pac music video 😂

[@ryansmith642]

Weak😂😂

[@Gabriel.4190]

I get around style, with two fat bitches chasing him around a tennis court😂😂

[@terrionharris348]

The Afro Math lmaoooooo

[@angiemaq]

The Afro Math 😂🤣😂🤣. For a whole year tho!!! Like, who does that??? Why not ball a smidge and get some stuff going...then ball a little bit more... then SIT YOUR ASS DOWN!!!

[@Mrssabrinaful]

The Afro Math This Comment has me dead! 💀😩

[@Lordservant122]

He makes me want to be smarter and read a book or something jesus

[@jeffbezos4746]

Fr

[@bosslady302yeahyoureadrigh7]

🤐🤔🤣🤬💸💸💰💸💰

[@kayjay212]

Why because he's black

[@lagosfury5142]

His personality really tells you it's no surprise he blew it,,,he is very immature

[@jstrong3656]

Why would you not choose 1,300 dollars a week for life 😂😂😂😂

[@bntcjody185]

Man facts🤣😂😂

[@goldenstar_1007]

52,000 a year

[@karenwatson5053]

J Strong oun know

[@vel6110]

Because it the casino folds you dont get paid..if they bankrupt you fucked!

[@TahjAmir96]

J Strong Bruhhh facts! I was doing the math like... hold up! Them white folks was probably laughing while signing the check 😂💀

[@glorious.warrior]

$1300 a week 52 weeks a year $67,600 a year $1mil in 14 years

[@majorkilla3163]

Glorious Warrior 14 likes in 2 weeks 🤔

[@offspringking2424]

but would it be worth it?

[@sean3533]

In 10 years it'll be worth $1000 a week. In 20 years...less... But I agree most people should take the annuity, to prevent frivolity

[@116skinnyboy]

now lets get ready for some real math. if you took the lump sum at $1,000,000 and invested it and are able to get 10% returns a year and only spend $40,000 a year ($3,333 a month), in 10 years your wealth would grow to just over $2,000,000... once you reach that point live on $80,000 a year for 10 more years, another 10 years later and your wealth is around $4,000,000.... at this point you can spend basically whatever you want because you arent likely to outspend what you make on interest (unless you are trying).

[@acharich]

@@116skinnyboy 💣💣💣💣💣

[@theobservermelanin1746]

Put one week up a month and lived a comfortable 3,900 lifestyle for the rest of my life while saving 15,600 a year for 20 yrs or more. Down to Earth living at its finest

[@aarona.dubzperson8245]

Put 2 weeks up a month. That's what I'd do. That's boss Money after a while

[@Tpeele88]

Or open up a bank account let that money build up with interest 🤦🏿‍♂️🤦🏿‍♂️

[@insomthegreat]

A dollar today is worth more than a dollar tomorrow.

[@fragME4109]

Graduated with a girl that ended up winning a win for life scratch ticket and shes getting 3 grand a week for the rest of her life.

[@divinefeminineoracle5825]

Sweet

[@larrysmith8030]

Kyle Owen actually it's only gonna be 25 years. Look it up, because that's about most of your life anyway.

[@markanderson3826]

is she in canada cause scratch tikcets are 25 years

[@larrysmith8030]

Mark Anderson you're on top of your game bruh!

[@fragME4109]

No we live in Connecticut

[@ladylove5632]

Things to do when you get a bigger a check than normal 1. Pay your bills early 2. Flip 50% of it legally 3. Keep the rest in a account that has interest Worst thing you can do is trying to copy other people’s lifestyles with your current bad habits

[@mikepiccininni3091]

Real talk right here

[@troyfunbinez5981]

And try and get that fine looking honey like you

[@KISHEEME]

I'm not paying jack

[@siesiechampion]

Bills go up and down every month. Don't play yourself

[@calebberry9397]

Keeping half in a bank account is what poor people do. The money is depreciating faster than it is making interest.

[@DarkReapersGrim]

$1,300/week for the rest of your life. 😱

[@6MAJORXWEIGHT6]

That’s like 600,000

[@ryansaunders65]

Depends on how long you live... If he was 40 and lived to be 80, it would be like 2.5 mil. But that means he would also have to work a regular job.

[@JimmyStruthers1000]

thats 5200 a month just sittin on ya ass. Thats like a 90k per year job every year for life doing nothing. Id take that any day over the lump sum of 1 mill

[@aundrayperkins9796]

Yomama Bin Fartin I'll take the lump sum payment. you could invest in passive income and small business worth more than that little monthly payment.

[@JimmyStruthers1000]

Aundray Perkins damn yeah youre right

[@sports4160]

This is lowkey sad

[@Lilmssunshine305]

And maybe high-key 😂😂😂😂😂😂😂😂😂😂😂😂

[@patrickboyd3364]

And you wonder why white people clown up.

[@sports4160]

@Rowdy Jr. Rothschild are jewish. And they're not as rich as u portray them to be.. It's all conspiracy theories They lost majority of their fortune during world war 2 When Hitler in partnership with France prime minister and most European leaders send the Rothschilds on exile and confiscated all their fortune in these countries The only wealthy Rothschilds left after world war 2 was the one in control of the U.K House of Rothschild branch Most of his wealth was mismanaged after his death by his heirs In 2018 there are only two Rothschilds on the Forbes list One is related to the family The other is not The richest family in the world are not Whites They are Arabs (The Saudi Royal family)

[@nanapearlpearl2696]

KZbin KZbin low-key you mean high key sad and stupid!

[@comeagain9074]

He said that they called him big,yes , big ass

[@image0987]

Damn, if he brought restaurant & Strip Club, he should be SET FOR LIFE!!

[@Kudos2Kawaii]

exactly, where is all his income from these two investments?

[@AyeshaGo]

facts! you supposed to flip the money

[@marcusjoyner9871]

Mellesa does aren't the best decisions on how to invest your 💰, not all of it anyway.

[@dee_scussions]

Yup

[@P715R]

You dont know much about business

[@sizex1966]

No financial advice from any of his so called friends this is a fine example of lack of knowledge!

[@thebaddestinamerica8422]

Hosea 6:4

[@thebaddestinamerica8422]

My people remain ignorant for the lack of knowledge....

[@kamal012345678910]

He wouldn't have listened

[@ricanlove8995]

His friends wouldn't give him advice cause they wanted to enjoy his money n thats what the fake Melle Mel rapper did

[@mr.cooper1999]

I wanted to smack him through this entire video... UGH! I have no words.

[@aarona.dubzperson8245]

Right. Fckn dumb ass idiot

[@juniorziranda3952]

For reals man that's one stupid guy

[@drboyce]

He should join us in The Black Business School. Our professors could have taught him how to turn that into $20 million, which would have taken care of his family for generations.

[@teeteetronda]

Boyce Watkins you have to be susceptible to want to receive valuable information in order for it to be of help and benefit you. His mind wasn’t fully in that.

[@Young_Dab]

Y'all would've wanted a piece of that money too

[@teeteetronda]

Young Dab-A-Roosa I sure would have wanted some of that money but I would have gotten out of debt and made smart choices so I would not have to see two jobs ever again.

[@TheTsteph]

It always the woulda coulda & shoulda smh

[@Melaninking33]

Boyce Watkins you’re the first person I though of after watching this video. This brotha needs help bad. I’m convinced he didn’t learn his lesson. I’m willing to bet money that he would do the same thing.

[@melvingordon8050]

My man, you only had one job. Secure the bag..

[@everettwalker2258]

Dude got 8 kids. He could have put up at least half for them in a trust fund and I wouldn't care he blew the rest. He bought BS and now his kids may suffer. Shameful shit.

[@marvinbenjamin.]

I would disappear and give nobody nothing. I bet when he was behind that wall he didn't get a card money on his books no visits nothing. That's how everybody do, when you broke and dusty nobody is around soon as you hit the jackpot everybody want something.

[@ddoubleu170]

Man, what!? People STILL wouldn’t know I won the lottery.

[@IAm-wu2ej]

Facts I did two years, and to make a long story short everything you said is relevant

[@martinramos7988]

Marvin Benjamin right.!

[@painexotic3757]

Lol facts. Fake, opportunistic people everywhere.

[@marvinbenjamin.]

@Mr C for the kids I'll get em all C D bank accounts, I'll give them 100 grand a piece and let that money grow over time when they get 18 they use that for school.

[@RADIO1990]

Did y'all see the lottery winner ,who showed up wearing the scream mask?! LOL ! #brilliant

[@Lordservant122]

He thought he was a successful rapper cus he hit the lotto 😂😂

[@capgpro100]

I would never laugh about losing my money or have it televised. What a stereotype.

[@tupacgoat3274]

Shit nothing but paper

[@coreejacobs4780]

You live and learn, why stay in deep depression the shxt never coming back

[@AwayWeGo747]

I'll say this again, BET WHY ARE YOU DOING THIS SHOW!! Is it cute that our people weren't taught to manage money well. I'm done with BET.

[@wsheri11]

I'm sorry I would've went for the 1300 a week for the rest of my life lol

[@lakersin556]

You and me too. 1300 would look good in my pocket every week.

[@PinkPanther_947]

Right

[@wsheri11]

IKR! Idk about yall but in my case I still would've finished school, followed my dreams, and just used that 1300 a week as a second income. One income for saving and one income for my bills lol

[@steeziesteezie8979]

Sheri Berry WHY?? not me...something might happen to me the next week😄

[@wsheri11]

Hahahaha! I mean to each its own

[@RobB072772]

Use to be my Ace! My right hand man! Melle! 1500 block 4 Life!!!! Good to see this video. I myself didn't even know a lot of this stuff. Growing up, I took a turn away from the streets. Started working 9 to 5. Ironically, I see Melle a few days after he won the money up in Auburn California at a gas station. Told him, "Take care of your kids, your mom, and buy a house."

[@goldenaxechuck3515]

"I was down to like fifteen thousand dollars an I knew it was over" 😂

[@vicrobinson5065]

He's a bail bondsman that sold drugs and was on parole 🤔

[@brenaugher7136]

Vic11 Rob74 😂🤦🏽‍♀️

[@veniciamonea9678]

Right 🤣🤣🤣

[@lyric2439]

Vegas baby! 😂😂😂😂😂

[@1234BLISTEX]

He bought a bunch of businesses and STILL went broke?

[@cello_thomaz1557]

Lol it dont matter u gonna waste more trynna do that

[@coollibra3644]

Should learned how to cut hair and opened a barbershop

[@oggualafein]

Sonia Gibbs the businesses obviously weren’t successful

[@nellydavis7645]

Bad investments

[@tommydesimone6106]

He was just a crackhead, with a whole bunch of businesses, with no business experience. Ummm what did you expect. Oh that he would turn into Bill Gates lol riiiiiiight.

[@Groovingonem]

This is the saddest story to me.. I’m Black, and a financial advisor. These once in 5 lifetime opportunities are what they are. Yes, obviously other things such as kids hungry, death and life changing illness and injury are horrible. However, he had the opportunity to completely change his family and a few close friends lives and start generational change. And he literally threw it away....

[@taahdaah3813]

Every decision he's ever made in life was wrong

[@AViTionsHip13]

Literally. From the baby moms, jail to even the dam dog!! 🤣

[@XuluXac]

I love Black People but I cant STAND........

[@xoangelicaf0523]

Dumb ppl

[@katpeterson7895]

NIGGAS

[@CKACKAJACKA]

So you don't like Tupac

[@DocSkribblez]

EN-EYE-DOUBLE G-AYE

[@DocSkribblez]

...ESS

[@CassieCas0106]

I think I would of took $1300 for the rest of my life 🤷🏾‍♀️ That would be perfect with a regular job and been good

[@galvatron3290]

Cassie Waller It’s always better to take the lump sum! Even with the lump sum you can work a regular job if you want. But why not make your money work for you!! See money is a tool, a tool that can fix anything in your life!! Why waste you time at a regular job when you can better yourself and create opportunities for you and your family. Take up a business course , look into properties. Time is more valuable than anything my sister!! Don’t waste your time at a regular job especially if it doesn’t bring you joy😉 Good luck to you in whatever life brings to you💯❤️

[@4chukwuebuka]

Forst guy to comment is right

[@deadlydizzle7588]

@@galvatron3290 100% truth was told here. That's how you put someone on game.

[@bluntheadass6863]

@@galvatron3290 nah I'll take the 5k a month and work a part time job 😎 and live like I never won

[@cashmoney8339]

@@bluntheadass6863 lol your gonna be a target you cant live a regular life after that

[@sharayscorner]

A person that's bad with money shouldn't take the lump sum.

[@youngniceyentertainment4099]

Sharay's Corner Listen to my song question on my channel it's fire 💯

[@AccentBwoy]

What's a lum sum

[@tommydesimone6106]

No, CRACKHEADS don’t need to win the lottery!

[@twilson1973]

Most people go broke within a few years after winning the lottery so the way he was spending the money it doesn’t surprise me at all.

[@angie1299]

He had 5 bms WHAT did YOU expect and married. His wife was the SMART ONE....lol

[@DaddyAZTL]

If she was smart she wouldve stayed away from him when she found out he had 5 bm

[@latenitebreepinblood4724]

AZTL period but bitches is triflin and glorify that type of non genuine behavior

[@deadlydizzle7588]

She wasn't the smart one if she married a fool with 4 other baby mamas and God knows how many other kids

[@monadejaneiro]

@@deadlydizzle7588 She got lucky that's all what that was lol. I bet she blew her half too

[@choirboi7759]

His wife immediately took him to court to get half. Some kind of wife.

[@jadoresophya]

She knew his dumb ass work fu*k it up.

[@cookieplush4535]

LMAO

[@insomthegreat]

That's what wifes do.

[@DAMC122]

yup if I won that money I wouldn't brag for shit! luck shouldn't even be bragged about, you should just be grateful and wise.

[@walkerdrae]

That's how he spent so much. He still thought he had a mill and really only had 600k. That Fool smh

[@jewelwhite2832]

It's nothing wrong with taking the lump sum, however you must know how to budget your funds and put some away for your children!

[@SkyfromLa]

Jewel White nothing wrong? How dumb are you when you take the lump sum you pay almost 40% in taxes as opposed to less than 20% are people really this stupid it’s only 1 million not 100 billion

[@AccentBwoy]

What's a lum sum

[@AccentBwoy]

@@SkyfromLa why taking the lum sum bad

[@acharich]

💯💯💯

[@lxwkeymusic1743]

David Lecky why you can’t spell ?

[@udoonua2818]

He did almost everything wrong, like telling all 5 baby mamas, even his current wife was asking for half the money.

[@TJFox-re6lv]

let me win the lottery lord & ima make you happy with how i spend that 💰

[@tw3756]

Amen!

[@curtisnorfort2243]

Facts

[@Jesussaves.7777]

Nah

[@blupyxi5669]

Paying off 50k or total debt, my house. Buy 2 more properties. The rest in a high interest savings overseas. Done. Why do all of the idiots win money.

[@Thetoxicpeaceful1]

@@blupyxi5669 So... you are saying you wouldn't be dumb with yo money. That's what a lot of people say but its just the kzbin.info/www/bejne/fobUpaaJaL2ZZ7M

[@lorenzowheeler1194]

I can't win the lottery because I would do great things with it. He can win the lottery because because he would blow it all on bs lol that's life for you

[@nikkinicole5435]

That's how it works.

[@redpilled5830]

true

[@jcdaniels3987]

Lorenzo Wheeler h

[@CarlosLopez-md8vh]

Lorenzo. Yes sir

[@4chukwuebuka]

@@nikkinicole5435 wow you

[@emackulent513]

His downfall was opening his mouth and telling the world he won 1.3 mil. And he was shocked that his wife wanted half. 🤦🏾‍♂️

[@uk9383]

🤣🤣

[@boldandcourageous4176]

He has 8 beautiful kids and blew their inheritance that was gifted to him.😢😭

[@acharich]

💔💔💔

[@EvanSerrano1988]

I'd take that $1300 a week so quickly....

[@WDE1121]

And you'd be a fool

[@saabajoe]

And just as quickly have a well planned "accident" financed by ---> ....

[@WDE1121]

@KingP no i wouldn't because I'm smart enough to know i can earn about 40k a year in interest off of the lump sum. Only a complete and utter fool would choose 1300 a week over a 1.3 million lump sum payment.

[@EvanSerrano1988]

$1300 a week can vary easily provide a comfy life for my family and myself. And I want to have to worry about spending it all in one night because I'd have more the next week. Anyways I think they pay you one payment every year so it probably be like $75,000 or something once every year....

[@WDE1121]

@@EvanSerrano1988 it would be monumentally stupid to take 1300 a week over a 1.3 million lump sum when u can make 45k a year just off the interest of 1.3 million. If you're scared you're going to blow 1.3 million in one night, you'll just as easily blow 1300 in one night. Again, someone would have to be unbelievably stupid to take 1300 a week over a 1.3 million lump sum payment.

[@d1inonly]

This never gets old. 😂 Dude a real one.

[@Polostar79]

Real dumb one

[@DukeSaragono]

He lived his best life and created alot of memories.

[@John-it2db]

Turn to Jesus and believe in him and repent of your sins and turn away from your sins to be saved or you will go to hell Jesus is the only way

[@jaykaynum5569]

@Duke I agree 💯

[@billiecarlock5237]

At least he got good stories to tell his eight kids.

[@lj4994]

His kids should give him a ass whipping lol

[@ryanLeKing]

The Children need an INHERITANCE; Homes, College Funds, Water.. Soap.. Baths. Not mere "Stories." That's all Black Parents have been offering for centuries are "Stories". ~ If that's all Black Dad and Mom have to give are "stories," than.. Stop Having Children! *We don't want to hear* your outplayed, ear-bleeding, "Slave Stories" ANYLONGER. 'Cause that's all they are! ..Stories of Black Parents' Failures - 'cause they're not "Success Stories."

[@everettwalker2258]

@@ryanLeKing 💯💯💯💯💯💯💯

[@webfashionista]

🤣🤣🤣

[@angelkisses2562]

😬😬😂😂😂😂😂😂😂😂

[@greciaa9473]

This seems like they’re glorifying his brokeness , they want to keep you in poverty

[@luvbig41]

OR they are teaching a lesson.

[@greciaa9473]

luvbig41 yeah, in a glorified way.

[@cyberpunk4622]

He stated he purchased a few businesses; a studio, a strip club, a chicken and waffles restaurant. Those purchases right there can still keep the dream alive and have equity to further his capital and invest in future businesses. Sell any liquid assets like the boats and the one to many cars to maintain and grow the current business establishments. The man still has a chance if he learned from his mistakes and could possibly still create a small empire and a future for his several children.

[@omarcj7623]

A fool and they money will soon part!

[@brittneyyoung1882]

Ouch

[@Beetwate305]

This show is almost like their celebrating going broke

[@monadejaneiro]

They want us to stay broke and keep doing stupid shit with our money lol.

[@Ms.NoNo2]

Mona De Janeiro or they’re pretty clearly showing you what NOT to do with your money. It’s all about perspective... take it how you will.

[@MM-zt4oe]

It's not " like " The show is called blew-a-bag Literally encouraging poverty

[@familyfunanddrama3604]

TommySotomayor's Momma lol your very funny 🤣🤣🤣🤣

[@shountapreston5855]

Real talk!

[@lakersin556]

Easy come easy go.

[@steeziesteezie8979]

KingCo Anderson EXACTLY...shit you might won't make it to the next week...Imma spend mines up to😄 fuxxxxx it((YOLO))

[@image0987]

😂🤣🤣😆😆

[@lakersin556]

@@steeziesteezie8979 i heard that!

[@AyeshaGo]

I would fight myself daily about this

[@chavanne3]

Lump sum is always the best option, IF YOU HAVE A PLAN. $1300 a week would take too long to invest verse having $1M ..TIME is king. Get it?

[@misskailagreatness]

$1,300 would’ve easily ended up being way more than $1.3 million 🤦🏾‍♀️ It would’ve given him a budget and opportunity to invest instead of splurge 🤦🏾‍♀️

[@6MAJORXWEIGHT6]

Only $600,000 at 40 years

[@DarkReapersGrim]

@@6MAJORXWEIGHT6 Absolutely not true, bro. Way more than that. You said 40 years, even 30 years is more than that. 30 years is +$2 million. Half for taxes. That's a million in 30 years. $400,000 more than what you're citing.

[@retrokidbk83]

That's only if you live long enough to see that amount paid out to you by the state. No one takes the installment payments because if you die so does those payments. You take the lump sum payment and if you die your family is still left with the money you have left. He's still a business owner working for himself as a bails bondman.

[@spanishmontana6121]

Exactly and if any thing goes wrong his got that 5k to live on comfy

[@bradfordjones1606]

WHAT

[@hopevashawn88]

You big dummy (in my Fred Sanford voice!)

[@antoniostubbs9962]

"A fool and his money will soon part." - a wise man?

[@chinablakk94]

Damn😂😁he was living his best life LMAO.

[@BETNetworks]

Lil Duval style!

[@mickey41991]

For a year 😩🤦🏾‍♀️

[@dpolanco96]

Lmaooooo facts son wasn’t waisting no time 😂😂

[@vaughnettemonroe283]

Lol like a fool!😁😁😁

[@timthechampmanimtellingu5373]

😂😂

[@detroit2africaradio631]

I know someone who lived on section 8 and food stamps won the lottery 1.5 million blew the bag in a year. Only smart investment they made was buying a house they have no car. It's good BET has this blew a bag stories hopefully this will help other people make smarter decisions if they ever get a million dollars.

[@Sovnarkom]

I saw this on a small scale with a friend of mine who's mother died. He got $200k from life insurance. In 1 year, he had $0 left and he never bought a house or a car.

[@GunninRebel55]

Should've read Rich Dad Poor Dad.

[@nickipoole3298]

I would have never picked the lump-some I would have spread it out

[@afroshinigaminerdzila4264]

Lol my guy was about to admit he went back to selling drugs

[@Kells7928]

I can’t believe BET is glorifying this madness!

[@silverbackgorilla16]

I agree....its negative media

[@AfricanGirl]

4 real

[@i90sknd75]

You really can’t believe it? It’s entertainment TV and this was admittedly entertaining albeit sad as well.

[@jeffbezos4746]

You shouldn't be surprised

[@AfricanGirl]

@@jeffbezos4746 😂🤣 B.E.T

[@tonybrasi2676]

"I got 4, 5 bbymamas" 😂

[@britgaddis]

Why is everybody so mad at him. I really enjoyed this video. He lived his best life.

[@leighton300]

He still gotta lot of life to live lol

[@britgaddis]

Leighton Lawrence i know but im saying his life with 1mill dollars 😂

[@leighton300]

I ain't mad at him haha. I'd like to think I would have spent my money a little wiser but who knows. You're right it looks like he had a lot of fun in the little amount of time he had though

[@tjones2550]

He sure did!! However, he didn't put anything, away for his children or for himself!!

[@xceptionl1]

Because he's a fool and extreme financial illiteracy is nothing to applaud... he was negligent, squandered an opportunity to uplift himself and those around him... people like him talk about running game but don't even realize the game we're all a part of... this is long so I'll end with some wisdom from Offset - "My kids gotta have money, not just me... that's selfish"

[@myqueenimagivemydumassopin6841]

Education and knowledge is VEEEEEEEERY important guys!

[@AllKinaTing]

this is very cringeworthy

[@mellochello921]

Taught me as a young man not to follow this fools footsteps on managing money at least

[@YungL.i.X.]

1.3 Mill? I'm starting a dispensery

[@mrbdubs88]

You gotta have the right mentality with money before the big win. Business minded as well. Most people are broke in the brain tho.

[@Xolanidj]

Okay, this is the second video I have seen from BET about who Blew The Bag, and I try to keep my differing opinions to myself, but why in the world is there a series that is celebrating Black folks instantly Blowing their money? I already know about the current ownership and agenda from BET, but man do I miss the old BET, when it was owned by a Black man. This would have never been on the network back then. I miss shows like Teen Summit!

[@blupyxi5669]

Trust, if this can influence others to do the same then those people need to lose. As for the rest of us, it gives us an example of what not to be.

[@Xolanidj]

@divaquana No need to jump on Blu. It's another point to add. I certainly did not make my comment from a victimized stance of "Oh, look at what BET is doing to us". It's was to point out that BET (EBT) ain't been about shit for almost 20 years, and here's another reminder. But yes, it is also an example of what not to be. Now, if we want to see some examples of Black people doing what they are supposed to do with money, checkout Daymond John, the creator of the FUBU Brand, or Robert F. Smith, who is currently ranked the wealthiest Black person in the United States, and one of the wealthiest in the World. Or Suzzane Shank, who is right up there with them. We got choices, and we don't have to let this bullshit network give us the choices.

[@squareinthebay6035]

Teen Summit was lit and real, I miss it too.

[@raymundolomeli7369]

The Basement.. BiG TiGGA those were the Days..

[@mykelroyal3638]

Was thinking the same thing.

[@jamarparker1]

This is how it goes 1300$x4=5200$ a month 5200$x12=62,400 a year 62,400$x22=1.372,800 the 22 is for the years that it will take to reach 1.3 million

[@briizyfbaby16]

If i won that, chose the $1300/wk, and live to be 70 yrs old thats over 3 million dollars...they probably split it up a similar way according to how many years they wanted to pay that $1300 /wk so he DEF made a bad decision lol

[@maceomillions2192]

Britannica Martin Facts

[@shygirlcomplex]

People never think of the big picture ... he was living for right now ...

[@Samynumberone]

you also have to think of inflation, 1300 a week now may/may not have the same value in 10/20 years. it's like you loosing. taking the whole million and doing smart investments is actually a better deal.

[@briizyfbaby16]

samy sosa inflation has never been THAT extreme to where $5200 a month wouldn’t still be a lot of FREE money lol u can live bill free off half of that. $1300 in 1990 was still a lot of money in 2010. Face facts, most ppl who have the “give it to me now” mentality still be alive 20-40 yrs later wishing they had thought of their future.

[@LilPhilAtl]

Fax, $1300 per week and you still have your job = Good living

[@derrickdame7498]

I saw the show on trapflix back in the day. It was like ten episodes. One of the best shows i ever saw lol

[@jazzminegodazzreese2797]

Motto should of been as follow: Don’t let nothing take you back from the level you just leveled up from. 🎰🎰🎰🎰👍

[@cajunmandick2985]

Just how ignorant can you be?

[@NoJustXusOfficial]

I just want enough to make music and not have to go to work!

[@blaygambino1504]

1 Luv I feel that comment ✊🏽

[@Theonyxconservative]

Wealthy is a mentality

[@michellerobinson7776]

Yes, indeed!!

[@sandrarichardson761]

I guess no one ever told this dude that wealth begins in the mind ...smh

[@howconsistentlyprofitablei9672]

Great video, as always useful information

[@BialyOrzel777]

$1300 a week for life and work for extra $ for fun if you get fired who cares get another fun job so work when you want no stress lol

[@schawnettarobinson8584]

I’ve no friends and family so I don’t have a problem. No one provides me with support while I’m broke. I’ll keep my money forever.

[@vanessaturner3982]

Well I must say this young man has a good attitude a lot of times if you are not born into money or went to college for finances or have someone old school pull you to the side and tell you what to do then you are going to foolishly run through your money if you cannot apply common sense I personally work everyday semi middle class if I won LOTTO my Common Sense will kick in to say what can I do to sustain main thing buy a few units cash weather there bankrupt foreclosed or short sale then help a few keyword few people that were real and sincere in your life your church and go from there you owe nobody else anything so live your life in a wise and safe manner that's what I would do

[@Te3time]

5 different mothers 😷😷😷

[@gregglass4796]

Te3time we

[@ljmack1killer187]

4 or 5 different bm... he wasn't sure himself lol

[@MarleeSky]

Man, when will people realize 1 mil ain’t shit? Sure it’s more than you’ve ever had, but it’s not enough to ball out on for the rest of your life. Maybe just enough to let you be debt free, buy a modest house, a decent car and set some aside for retirement. You will still probably need to work.

[@shantelbrownie4816]

If you open the right business and invest time and energy, eventually ,you probably wouldnt have to work. But ,you know some black people are lazy. They would rather put all their energy in to flossing. Lol

[@tdawgt5866]

What happened to the businesses?

[@youtubedude1556]

Still has the bail bonds business in Sacramento...and the strip club is in texas, he blew that casino bag but he far from broke!