Powerball Lottery Advice From The Sharks [Shark Tank Season 5]

[@seal3081]

If you want to invest, Kevin gave the best answer.

[@Tomace707]

That works but only works well if you have a lot of money. If your talking $20k, stuff that go high risk high reward.

[@unstoppable-ar3292]

Tommy Z they're talking about jackpot winning. ur comment is irrelevant don't ya think.?

[@gunasilansukumaran]

Esuin Zinao - Haha But that Alexander Said to buy the System man lolxx.. $39 Dollars to Ringgit Malaysia :RM-161 waste of time Read the Pages !!

[@alphanation368]

Yes definitely, it almost seems like he was the only one who truly cared to give an honest answer lol.

[@THeSPARTEnMORTER21]

best thing to do is a combination of all of 5 of them. dont tell anyone, pay off your bills, let the feeling of having that much settle in, enjoy a little bit, put some in the bank, put some in investing accounts.

[@chetansingh1609]

When you land up with that kind of money just help out the person who helped you out when you were really in need. Even if that person gave you ten dollar,give him thousand because he or she was there with you when nobody was with you.

[@dalanium98]

lol i love how each of their answers showcase their individual personalities really well XD

[@imjusthere9954]

Robert gave advice opposite advice of everyone else😂 He was like GO BUY A REALLY EXPENSIVE CAR! While everyone else was like "save your money"😅

[@williambagley5415]

I like O'leary's advice...don't go nuts. Get good advice. Live on a budget, live off the interest, and grow the principle every year 😎

[@Deva080]

Yep...save and before you win, you should already know who your "friends" are so anyone else say see ya...

[@sharonsobolewski3707]

I LIKE THE BANK IT THING CAUSE YAH THE TAXES ARE GOING TO COME OUT I LIKE IT NO ONE SAYS WHAT HE SAYS ITS WHAT IVE ALWAYS THOUGHT HOW DO YOU KNOW YOUR INVESTMENT ADVICE AND CHOICES ARE SAFE DONT RUSH INTO THE INVESTMENT GAME TAKE IT SLOW DOING NOTHING BUT KEEPING MONEY LOCKED AWAY SAFE IS NOT A BAD THING EVEN PUTTING ALOT IN CDS JUST FOR THE SAFETY OF NO ONE TOUCHING IT NOT EVEN THE VULTURES ASKING YOU FOR MONEY CAN GET IT ITS LOCKED IN SORRY CANT TOUCH IT JUST KEEP ENOUGH FOR YOURSELF TO BE SAFE AND COMFORTABLE AND LIVE THE REST CAN STAY PUT WHATS THE RUSH ITS NOT LIKE YOU HAD THE MONEY BEFORE LET IT SIT LET IT SINK IN JUST KEEP IT OH AND DONT FORGET TO TITHE A TENTH THAT WILL INSURE YOUR STAYING RICH GIVE A TENTH TO YOURSELF FIRST!

[@kermitthefrog614]

Kevin and Mark was the most helpful. I like them both. They are not about that bullshit so they seem mean. I would love to meet them both in person and learn from them...

[@humanparadox]

Lol Mr Wonderful. They saved the best for last

[@tdog999100]

humanparadox thats why he's mr wonderful hahhaha

[@Mr2ndAmmendment]

Don't change your lifestyle.... After buying a Bugatti.

[@BigMoonShot]

😂😂😂

[@estherbradley3218]

Kevin’s advice was stellar above the others

[@jamesgordon2136]

Can tell what a down to earth and realistic dude Robert is - "buy a ferrari" lol, his words are true, we are all going to go someday so may aswell enjoy it. Yes if you're irresponsible and can't look after over $200 million take the other sharks advice of banks/investments etc but fuck me, if someone blew through $200 million in their lifetime they are fucking morons and deserve to lose it all.

[@jimmyneutron129]

I mean if you get $200 million, at this point, you can enjoy it some... You don't have to work. Does not mean you should spend it all...

[@blu_sage7310]

Mr wonderful giving wonderful advice

[@arturoandlizvillareal6086]

thanks Mark I used your advise so far so good Sir

[@BigIrick]

I like Kevins and Marks ways.

[@youtubepamelawells]

BigIrick thats why they have the most mony

[@BreuckelensFinest]

Mark's is the smartest in the beginning, let's say the 1st year or 2. Then build slowly as Mr Wonderful suggests. Then when your interests come rolling in, take most of it and invest in Real Estate after you have learned how to create cash flow in commercial properties while in those first few years & really start growing your wealth. Financial education is crucial in those first 3 years or so. Never spend the principal to pay for item's, service's, bills & product's! Always pay things & live off the interest(s). Good luck.

[@debrawilliams7983]

BigIrick Do do I

[@YonWorld]

Kevin a smart man you have to listen to his advice

[@gwilson976]

I’m going to take all that advice and put it in one!

[@allisonwaters716]

Kevin and Robert had the best advice!

[@rameythe1]

50% percent bonds 50% percent stocks Remember this

[@bryanlouie2836]

Mark Cuban's answer: put it in the bank. It's that simple.

[@CorekBleedingHollow]

Exactly, having alot of money is attractive

[@FEETLE]

It seems like Kevin O'Leary has more of a brain than the rest of them

[@superduperboyx]

Kevin's advice is the after the fact from Mark Cuban's advice. Best to save it in the bank first, relax a little, let it settle in first. Then take SOME action

[@BreuckelensFinest]

@@superduperboyx Bingo! After letting it settle in & getting use to the money, educate yourself on how to not lose the money, so this means living off the interest & not the principal. Then after a few years, let's say 2 or 3 years of getting use to that interest, in the meantime in between time of the 2 or 3 years, you should have been taking some Rich Dad investment classes & or some Grant Cardone classes to learn how to invest in some real estate. And if you're really bold & want to take it to the next level, you get trained by Dan Peña & see how tough you really are!? That's my advice, not that anyone asked. Salute.

[@digolaverdad7313]

Cubans advice was good but didnt explain it all the way through. Put it in the bank and relax for a little bit is a good advice. It means get used to having money without spending it. Regardless of how good investments can be, it's not wise to jump in if you were an average person one day and the next week you have 200 million dollars. Cubans is right when he says you need to take some time (weeks, maybe months) to calm down and reflect.

[@Vishal-nu7iw]

barbara and mark gave most practical advice

[@gdelan1]

I would do most of what Kevin said, except I would take a draw first to pay off all my immediate family's debt, then take 50k in cash to Vegas and go for it, just to get it out of my system

[@SabbathSOG]

AAA corporate bonds. T bills, Gold

[@thedmr6417]

Gotta call kevin and work out the money if i win

[@seanhan1207]

That's it, whatever u do, don't put them all in one basket.

[@Mikenewman__]

I always knew I liked Robert the best

[@alexsaab8089]

I love Robert's advice lol

[@sherryhennes8751]

I would buy acres and acres and build a big commune for my five kids, their spouses and my grandkids. Every family would have their own house and an acre of property. We would grow whatever non GMO foods we could, and have free range chickens, goats etc. I'd probably buy enough acres and invite my parents, and six siblings and their families. The more people you have, the more work gets done!!

[@mariliaevora6704]

I Love Lori Greiner, and Kevin O Leary opinion, very smart

[@noodlepoodleoddle]

This is why Kevin sits in the middle of the tank.

[@FirstNameLastName-hz4kv]

I love how there's two kinds of answers given: "put it in a bank/low risk investment" and "buy a Ferrari" 😂

[@joeyattaway756]

Buy gold. Buy land. Buy everything. Half of what you win needs to be invested

[@WokeWook]

I have no friends. For that, I'm gonna put it in the bank and get 0.05% interest. -Barbara.

[@jamesross1798]

I'd hire a personal assistant to filter out all unwanted calls from friends and family. When I give money, I give it as a loan to be paid back later. I charge friends interest, but family no interest (depending on closeness of kin). But all have to have a well thought out business plan. If anyone gets mad you lent them the money, then they were never your friend and are actually jealous of your new found wealth. A true friend knows that that's your money and they're just glad that you gave them the loan to help them accomplish their dreams.

[@anne-no2ic]

I buy a few tickets knowing I just want a smaller payout. I live at poverty level and enjoy life fully with a few dollars.

[@LaughingLaughs88]

Kevin O’Leary is hired as my financial advisor!! I found him!!!

[@sarveshm6779]

Best advice from Daymond and Kevin.

[@omegapointil5741]

First thought, " hey, I could fuck this up." The way Hammer fucked it up. All them relatives wanting to live wiff yew, and the fat ones eat all the food.

[@ViralHub1]

here is a better advice, buy as much property and live off the rental income.

[@acciuntxyz3462]

You would think this is a good idea, but as far as I know profits off of rent are pretty small, and its gonna take you decades to just make the money back, that doesn't even account for you having to do upkeep on the properties and dealing with non paying clients. Investing is the way to go for good profit with little work.

[@MandenTV]

Acciunt XYZ real estate is the best investment in this time

[@thebusinesschannel3270]

ViralHub exactly!!!

[@1Invinc]

You're the only one who knows what's up. For everyone else, you need to realize the ROI on Property completely depends on the situation area you're going to invest in. If you're looking to make big bucks with a huge return on investment, then the property prices in that particular area has to rise exponentially. Rental income usually barely covers upkeep, maintenance and taxes. If you're buying property, you're never looking at profit off the rent unless we're looking at commercial spaces. Property also locks down your investment into a physical space and makes it hard for you do change your strategy. Assuming you made a bad investment in a particular property, there's very little you can do about it, and you still have to pay taxes and do maintenance on that property, turning it into a money sink. Property investments are not as straight forward as people think it is.

[@kuokuo888]

all depends on the location.

[@jamesdfox4693]

I love cuban good smart man

[@SelfLoveU]

Great advice!

[@hdr61]

This fucking MILLION word is killing my soul lol.

[@thomashanley3537]

Cuban is From Mt Lebanon Pittsburgh,,He DonKNOW squat

[@Phenomenal8448]

All I want is my navigator, Accord, rdx, and camry

[@MK-vc7uf]

Any financial adviser recommended?

[@justinfever9787]

I would buy a nice house maybe around 250-400k area. My home entertainment center would be great. But, i would only buy a lexus and maybe an F 150. Thats my most expensive purchases. I probably live on lake michigan too.

[@AbracadabraFC]

Wow, so different point of views, but they're all pretty relevant at different stages after winning a lottery.

[@purpleflametarot39]

I don't believe money/lottery changes people. I think it highlights who they already are.

[@schlirf]

Tanks to all Sharks who gave some good advice here.

[@specialperson3130]

How about introducing known successful Lawyers, CPAs, or wealth managers??? The ones that already managing this kind of money?

[@twinturbo3461]

When your rolling in the dough, never spend the principle, only spend the interest. The principle is what makes your interest and the interest is your living expenses and spending cash.

[@Invisiblemia]

Kevin hit the mark

[@bludika]

in terms of business philosophy, i like barbara and mark cuban the best, but i like lori and robert in terms of personality

[@RayPossibleGT]

Can someone help explain what Kevin's method is? I can't understand business language that much

[@ovucky7871]

I agree 100%don't tell anyone if I win but just my dream 😀😀😀

[@nellier5704]

Great advance!

[@shannonarmstrong6364]

Thank you so much

[@Jo71603]

Good advise!

[@sharonsobolewski3707]

PUT IT IN THE BANK PAY YOUR TAXES DONT CHANGE YOUR LIFESTYLE AND PAY OFF YOUR BILLS AND JUST GET USED TO IT FIRST RELAX ITS MONEY YOU NEVER HAD BEFORE TAKE TIME DONT RUSH INTO MAJOR DECISIONS

[@debrawilliams7983]

Don't burn no Bridges behind you

[@Native722]

Great advice.

[@OTCRock4one]

I thought that the first thing you should do is put the money in a Trust? Most banks don't insure over a certain amount of money?

[@MaleficHestia]

last guy made me realize that money in itself is an academic... if there are colleges & universities that can teach a course in "money", not like business entrepreneurship but the actual money. the dollar. what legal tender really means etc.. investing, gold, land.

[@INeedHerPomPomJuice]

if they did that, these guys would be in huge trouble! lol

[@ChaceBonanno]

You mean major in Finance or Economics instead of Business Administration or Management?

[@MaleficHestia]

finance? what job demands a major in finance?

[@ChaceBonanno]

***** Analysts and Portfolio Managers. If you wanna know about money, Finance will teach you.

[@MaleficHestia]

CHACE wow... i never knew that @ all... you see how ignorance can kill people? they say what you do not know do not hurt you. i call bullshit on that... but @ the same time, if you know everything, then you'll be scared to leave your house... i'd still like to @least know enough to get around this damn life... sheesh.. i will look into enrolling in some courses because i always wanted to learn about money... it is interesting. i am tired of these physical intensive labor jobs paying me 7-8$ blood sweat tears & you got guys on wall street getting paid to keep their hair slick back & shit.. the issue with college is this.. How soon can one get a job after they graduated with their degree? i graduated with graphic design &&&& looks to me that i am soooo backwards, that i almost give up on life.. graphic arts is cool & all. but the demand is not as hot.. plus i am not really SPECTACULAR as far as commercialism.. i make good illustration but my personal skill set is not widely demanded.. i consider myself expert in Typography tho.

[@ruthshelton1924]

Like Kevin said-Say you have after you pay your 50%tax on your winnings- Say you have $4oo. Million Left. You put it in BANKS ( Insured to $250,000 each bank) (at least 3 banks) Then: 50% in BONDS. 50% STOCKSIf you just did BONDS ==Get AAA BONDS(the highest you can get- -that makes about 4% interrest== that makes about AFTER TAXES== $166,000. A MONTHOR : $1,400,000 A YR This is what Kevin said to do (I saw on another video) I would NEVER advertise a big win (if I'd ever win) !!! My mother & step dad died in 2010 & my step sister & sister & their 'crews' came -changed the 'wills' & took everything not nailed down! If I'd ever won big- I'd lay low & be very careful with the money. Pay bills, buy a car & modest house - give some eventually to my church. What I would do for fun would be to rent some super fancy mansion for a month. Get 'props' like Christmas stuff different seasons stuff- changes in clothes ect & have expert pics taken ect ( this would be just for fun) THEN send those pics to my so called 'relitives'! Let em drool! Of course I would have legally changed my name & they would have no clue as to where I'd really live. This will probably never happen but would be fun to try to pull off. Anyone else might do this?

[@EPICWILDETAILING]

None of them mentioned to invest in one of the Sharks, for that reason I'm out.

[@mrross1606]

EPICWILTIME lol

[@lfc86forever96]

Kevin gave the best answer, minimise risk.

[@emmanueldii627]

listen to papa Kevin

[@parkertowles4761]

I would buy a ton of land.. and lease that land for generations.

[@mrmoldremoval]

shark tank rules..

[@Mr2ndAmmendment]

Robert has the best answer.

[@MikeKokoschka]

Buy a middle class house ...not a mansion....so you have where to live....pay any debt...don't buy a Ferrari....invest some money ..not all.....put the rest in the bank....stay away from family members, they are going to be asking for money all the time.

[@Raven-xm4ii]

so basically , dont enjoy your money screw your family , put it all in the bank and keep living like a rat in a decent house

[@user-bd3qs7oe1z]

Raven LOL fr. Stay away from family? How fucked up can you be...

[@Dimitri1221XxX]

Probably means distance relatives, which i agree. If some cousin i never heard from in 10 years calls me up just when i win the lottery, yeah, that person can fuck off.

[@afterlife697]

In Illinois you have to announce that you are the winner My advice would be the first thing you do is get a bodyguard. And a top notch security system. Plus some good Jewish lawyers.

[@mariliaevora6704]

Look with her sea they put All one basket! One Baskettttt ! not A Good Idea! I Like that word (One basket ).

[@Gator87]

I thought you wasn't supposed to keep over 250k in a bank? I was always told if you keep More than that in a bank and if the bank goes under then only 250k of your money is insured

[@antoniovelazquez6021]

I would spend my money on Lori Greiner!

[@chandkhan2632]

Good morning Have a nice day

[@tommycasidy3031]

I would take the advice of them all, But while doing that, I'd take 5mil and travel and enjoy. In other words plan for the future while living in the moment 😊

[@flyme2009]

buy a ferrari, drink expensive vin everyday , party, casino, strip girls, eat in restaurant 365 days and travel first class with at least 5 friends. those are my goals.......

[@MrVictory15]

Think you'd be broke by 3 years

[@theecastine21]

Move and change your phone number

[@elijahclaros1001]

Now all i have to do is win the lottery

[@jarnosaarinen4583]

Fuck that i want it all in cash and i'm going to spend 180 million and the last 20 mil i'll live off for the next 40 or so years!

[@bartsimpson4080]

Hanging out with Robert you’ll. Go broke in 3 years lol

[@incrediblestevrhymz2260]

I win a jackpot and you are telling me to put it in a bank and continue to live like this... Crap.... I sure will have money for all the smart investments and moves but I also will enjoy the heck out of my life and help family and friends that I can... With 1 million or 2 million from a hundred million, I sure can make a difference in the life of a lot of family members....

[@curtisperson8239]

I'll truly invest 50% with each of the shark tank host, put 40% in the bank, then live off the rest of the 10% or 40 mm. P.S. "Daaa".

[@nyat5413]

I’m not telling anyone, however my state doesn’t allow Anonymous claims. So I have to win in another state or create a LLC, or just claim my wins in my state, move, and Disappear off all social platforms for a while, and change my number.

[@MW-yd4nk]

here in CA, they still required to release your name even if its a trust or LLC

[@nyat5413]

M W oh in NY That is the only way the Governor allows for us to stay Anonymous. That sucks though, how much for a name change in CA?

[@arveedibira2454]

in canada you cant stay anonymous😂😂😂

[@jeffreyswiderski]

1:24 excellent advice

[@lobdolma4734]

Agreed

[@sharonsobolewski3707]

THATS WHAT I SAY LOCK IT UP ALL THE PEOPLE CHIPPIN AWAY AT YOU WHEN YOU HAVE MONEY IS INSANE AND IT DOES HAPPEN TOO PEOPLE HAVE A LOT OF BALLS THEY ASK YOU WITH NO INTENTIONS OF PAYING ANY MONEY BACK GIVE IT ONCE AND THEN TELL THEM TO GO AWAY

[@keandrejones7040]

pissed i didnt win but oh well it will get up there again

[@debrawilliams7983]

Put it the bank. Find a good tax shelter

[@rp4489]

They take taxes out for you.

[@ruthshelton1924]

To Martin Whitley== I took care of my mom & step dad for 17 yrs. No help from step sister/ blood sister & their 'crews'.They changed the 'Wills' & pretty much left me homeless!!! If I'd ever won 'big' I'd be very carefull with the $ & do what Shark Kiven said!!!I'd get out of my shitty apt & buy a modest home & car, pay bills ect- I would also share some with my church. My so called blood sister/step sister & their crews could rot in hell for all I care!! I haven't won that kind of money & probably never will but I'll keep trying to from time to time. So you've won some money- congrats!But if not careful easy come- easy go!Everyone will be your best 'friend' till the money is gone. Hope you don't have to learn the hard way! (Or maybe you already have learned the hard way) If you want to help the 'family' out (& U have a loving family) help yourself first! Invest the money like Kevin said - THEN take a certain percentage of your 'INTEREST' $ & use THAT to help out the family. That way you always have money coming in. But you cursed me & others who tried to warn you about how fast people can take your money so you were warned.

[@AwilsonBLOGME]

invest in land with electric and water in front of it.. keep the land don't sell untill years later,, leave usa for 1 yr so everyone will for get u

[@youvids9820]

Yep exactly thats the way to go buy land by 1000 acres

[@daviel1005]

Depending on the age you are when you win it and how much you intend to leave to others when you pass on, it might just be smartest to put it in a bank and then plan to spend it entirely within your lifetime with a little cushion built in. As the sharks have hinted, you are the last person in the world that needs fancy financial advice. As for inflation meaning that a million bucks in 20 years will be worth less than it is now, I wouldn't worry about that as I imagine most of the things you want to buy and experience will be more fun to do when you are younger. By the time you get to that age you will probably be content with a more relaxed lifestyle and your outgoings will be significantly less than when you first started out.

[@kanykabeya6856]

If I ever make it as an entrepreneur that money is for me and my kids . Everybody else comes second and I only give money once if they kill the money they better lose my number

[@swaystar1235]

Just buy a couple of houses and rent em out, good thing is you can increase rent because of inflation!!

[@lich5164four]

People here like they actually on the fucking lottery lmao

[@juanbaclavab]

Well, obviously the money is going to a bank, what was Mark thinking? that someone is going to cash out 200 million in 100$ bills?

[@geraldleclair3135]

LMFAO