The Prepper Broadcasting Network - THROWBACK THURSDAY: Winning the Prepper Library

Episode Date: July 30, 2026

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Starting point is 00:00:00 Hi, Mark Walters, host of Armed American Radio. Imagine this, if you will. A complete collapse has occurred and martial law has been declared. Introducing the good game, you must escape the city and get back to your cabin, so pack your gear and grab your gun. It's time to get out of Dodge. The game comes with a board, your map, and gear cards, which you must use to negotiate the obstacles you encounter on your way to safety.
Starting point is 00:00:17 You might need more here or more there. You decide. Bad weather, hungry animals and bad guys are going to get in your way. You've got to be ready for them. Made by Preppers, Four Preppers, a board game of survival by Kill Switch Bunker Games, available now at Amazon.com or find us on Facebook. You've just joined the Prepper Broadcasting Network, where we promote self-reliance and independence. The views and opinions expressed are strictly those of the host or their guests.
Starting point is 00:00:50 Visit us in the interactive chat room at Prepper Broadcasting.com. Well, good evening, everybody, and welcome to another episode of Reality Check. My name is Michael Klein. I appreciate y'all joining me this Friday night. Hey, if you remember, we had Kill Switch Bunker games on the show a couple of weeks ago, and now we hear one of their advertisements. In fact, I actually got one of their games. And I must say that it is actually awesome. So a little shameless plug there for Kill Switch Bunker Games.
Starting point is 00:01:51 If you like the Preper Games, that get out of Dodge game, the good game, it's an awesome one to get. I'm glad to see that they've signed up and are on the bandwagon with us. Hey, if you're listening to us on Blog Talk Radio or any other kind of streaming service, we are live. but we invite you to switch over to Prepper Broadcasting.com and join our chat room. So every night on Prepper Broadcasting.com that we have a live show, there's actually a real-time chat window that's running. You can join in, you can be anonymous, you don't have to put your name or any kind of information on there. You just, it'll assign you a username, and you just use that one and chat away and everything. Yeah, E.K. in the chat room is saying hello to my favorite chat room.
Starting point is 00:02:37 That is absolutely right. also don't forget that if you're unable to listen to us and you don't have internet access or you know something's wonky you actually can call in you can call in by the phone if you have a telephone you can call here's our number 347 202 0228 again that number is 347 202 028 you can call in you'll get ported over to the show and then you can actually listen to the show via the phone. We know there's several of you out there that call in that way. We appreciate y'all doing that. And as a bonus, if you have a question or something to talk about or a gripe or complaint, you can press the number one. You get dropped into the queue and then you can talk to me
Starting point is 00:03:20 live on the air about whatever you want to. We can jump off topics or we can stay on the topic and hopefully tonight if there's one of y'all are listening, you will call in and talk. But anyway, So in this show tonight, we're going to be playing with a little bit of fantasy. I had kind of an odd coincidence the last couple of shows where I do a show or I start talking about a show or I start thinking about a show and all of a sudden it's in the news. So I thought, what the heck, I'm going to do this tonight, man. I'm going to talk about the lottery in hopes that one of my listeners, or hopefully myself, will win it and can funnel some money into much immediate prepping. So anyway, you know, sometimes you have to take a break from the doom and the gloom, and you've got to have fun. So tonight, we're not going to be teaching a skill.
Starting point is 00:04:07 We're not going to be talking about a cool prepper tool or anything. We're going to be talking about what we would buy if we won the lottery. Now, granted, this is going to be kind of a fantasy thing, but this can be whatever. It can be the multi-state ones where you receive millions of dollars. It could be the simple, you know, you win a hundred bucks and a scratch-off. What items or what things would you buy? where would you go if you had the money? Remember, this is not a vacation.
Starting point is 00:04:33 This is prepper related. So chat room, and those of you on the phone, that's your question. What items would you buy if you won, let's just say, a million or $5 million? Let's just set it at $1 million. That's pretty reasonable. You can either match five numbers or maybe do a scratch-off and win a million dollars. But let's just say, you played, luck of the draw, you got. got $1 million.
Starting point is 00:05:00 What are some items that you would buy or what are some things that you would go that are prepper related? For those of you that have called in, you know, feel free to, if you're on the phone, press one, you can talk to me on that kind of good thing. You know, the obvious things, of course, are going to be guns or houses, homesteads, bunkers, food, but I want to know what you would buy if you had the money. So chat rooms, start loading it up. personally I would move to I'd move I'd move from where I'm at so right now I live in an
Starting point is 00:05:38 HOA and it's dang hard to to kind of do outside prepping inside preps is no big deal but the outside preps you know I don't have a garden I can't have animals I can't have anything like that so I would move personally I'm looking at like North Georgia maybe southeast Tennessee, western North Carolina. You know, if there's anybody in the chat room that lives in Cleveland, Tennessee, or Hiawassey, Georgia, or Murphy, North Carolina, let me know what I'm in for, man. Let me know what the negatives are to live in that area.
Starting point is 00:06:11 You know, for any of y'all that are living in the Appalachians in the chat room, you know, further in the chat, say, hey, Appalachians is great. Here's one of the negatives. I would buy a farm. Maybe not like a big farm, but just a homestead. You know, I want to have a house on a hill. I want to have a massive bunker built into the hillside, you know, pasture land down below me.
Starting point is 00:06:32 You know, that's kind of what I would do if I want. So to the chat room, let's say, one person would buy back their sanity. That may be a steep cost. I could very much buy back my sanity. Case of Jack Daniels would do that. In fact, nope, nope. A barrel of Jack Daniels' single barrel would do it.
Starting point is 00:06:54 I would go up to Jack Daniels, and I would buy me a barrel. I think they're about $14,000. That'd buy my sanity. Other choices I see in here are new log home. More solar panels, bats. I don't get, you would buy solar panels and bats. I'm guessing that's for the mosquito problem.
Starting point is 00:07:16 Somebody else says, land, a small home with a root cellar, absolutely. A 3,500 diesel duly with a fifth-wheel camper to go and visit areas, for the summer months. There you go. Get you an RV and a new truck. Somebody says they would move to Kentucky, remote bugout location. They would build greenhouses.
Starting point is 00:07:36 Four-wheel drive. Yep, absolutely. Ooh, now there's a good idea. A four-wheel drive truck with a snorkel. So, yes, so you can forward a river and stuff. Other choices I see are bugout vehicles, 4x4s, SUVs, motorcycles, ATVs. Oh, yeah.
Starting point is 00:07:50 Oh, there we go. Pappy's got it right. I want a compound like Ted Nugent has. Absolutely, man. Get me a compound where I can put some wild animals out there and go out there and hunt anytime I want. Get me some zebra stakes for the night. Absolutely. Oh, now that's a great idea.
Starting point is 00:08:06 Melinda Lee in the chat room has got it perfect. I would take tons of classes and training. That is a freaking investment right there, man. That is thinking correctly. You win the money. You're not going to blow it on useless junk. Well, I'll say useless junk. You're not going to blow it on junk that you may never need.
Starting point is 00:08:24 hopefully we will never need one day. Take classes and training, man. Expand that mind. Expand the training, expand your education. Dude, that's the winner in my opinion right there. Melinda Lee wins it tonight. Somebody else says batteries, root cellars, 4, 650 all-wheel drive.
Starting point is 00:08:45 That's awesome. We all keep them coming. Keep suggesting what you would do. And I'm going to jump into this while y'all are doing that. So what are some of the tips or tricks that you might want to know in the event that someone win? So we're all looking around here tonight and we're thinking, yeah, this would be great. Well, you know, hey, Mega Millions is in two hours on the East Coast. Everyone thinks that they have enough maturity if they won that they could handle the money.
Starting point is 00:09:15 But in reality, you really don't. Every one of us that if we won, we need to hire an attorney. We need to hire an attorney to be able to take escrow of the ticket and to keep everybody else. some bombarding us. Another person you need to hire is a financial advisor because you're going to need someone to help you set up accounts and trusts and someone to keep all your new friends and family at bay. Finally, you're going to need an accountant. Yep, somebody says CPA in the chat room. You need an accountant to handle tax matters and to keep the IRS and other tax collectors off your back. So if you do a quick interweb search, you're going to get a lot of common tips and tricks, and I've compiled a bunch of them.
Starting point is 00:09:53 but the biggest one was, you know, take your time and possibly don't take the lump sum. So the challenge for any lottery winner is getting over the psychological shock and adjusting to the identity of a wealthy person. So, you know, you're, you know, it's a heck of a shock when you scratch that ticket or when you match those numbers and you see, okay, I'm now a millionaire. Well, you're not quite a millionaire. You know, taxes are probably going to take half of that. So you're a, you know, 500,000.
Starting point is 00:10:23 in there if you want to call it or half a millionaire so that's going to be you know your state tax your federal taxes they're going to take a large chunk of that if you're investing it there's going to be more taxes so you know you're going to need to hire the people once you get over this the shock and you adjust to the kind of of a new identity or the the idea of a new life you need to start thinking about you know the money itself and how do you prefer for your wealth. You know, how do you mentally prepare for what's going to occur? And, you know, usually as much as you can anyway. So a lot of people buy tickets on a whim and they don't think
Starting point is 00:11:02 what could happen if they actually won. So they just, yeah, just, you know, here's two bucks, here's a dollar, whatever. And then they don't ever think about the repercussions if they actually win. And of course, we're all going, I know what the repercussions are. Well, there are some things that you need to do. If you actually win on that ticket, there are things that you need to do. So the first thing you need to do is you need to sign the back of the ticket. So a lottery ticket is known as what is called a bearer instrument. And what this means is that whomever signs the ticket and presents a photo ID can claim the prize.
Starting point is 00:11:39 If you don't have the back of the ticket signed and you lose it, then you are S-O-L. So if you buy a ticket, and that's one of the things they say regardless if you win or not, as soon as you buy the ticket, sign the back of it. But especially if you, as soon as you match, there's no. or if you scratch it off, flip it over, and in your best signature handwriting, sign your name. You may want to sign, not take up the whole ticket in case you want to use like the name of a trust or something. We'll get in a little bit later, but sign the back of the ticket so that you can use your photo ID to claim the prize. Because like I said, a lot of ticket is a bare instrument.
Starting point is 00:12:17 All right, back to the chat room real quick. Let's see. somebody would purchase anonymity. That's a good one. Take the time to get into top physical condition. Yeah, do some class things for my daughter or son-in-law, grandsons, yep. A compound will solve a lot of people issues. Absolutely.
Starting point is 00:12:41 So, yeah, go buy myself a compound. Then I would absolutely, if I had the money, I would do it. I'd go out in the middle of nowhere. I'd buy everything I ever need. I'd put up a 10-foot fence with barbed wire on the top. I'd have laser motion detectors and cameras and all kinds of good stuff.
Starting point is 00:13:01 Absolutely. Move the heck away from everybody. Turn off the TV and not worry about the world and all the stuff's going on to it. Private Island, somebody says they would purchase a private island. Absolutely. Private Island would be nice. So after you have signed your ticket,
Starting point is 00:13:18 The second thing to do, and this is the most important thing to do, and that is nothing. Don't do anything. You have a few months to claim that ticket. Go slow. Let the dust settle. Let the shock and excitement wear off. Take some time to think about what just happened and form a plan. So you take the ticket, put it in a safety deposit box if possible.
Starting point is 00:13:41 If you don't have one of those, then put it someplace very safe. You want to make sure that you make a photocopy of it first, front and back. You want to make sure that when you make a photocopy of it, you actually put it on the glass bed of the copier, not in the paper hopper. So on the copy machine, you know, you stick the paper on top and you press the thing, and it sucks the paper down and makes the copy and then spits it out. Well, that little piece of paper on a lotto ticket ain't going to handle that real well. So just FYI, if you win and you go to make a copy of that ticket,
Starting point is 00:14:11 put it actually on the glass bed so that you don't risk shredding the ticket. And you want to make sure you make a copy front and back. From now on, once you take the ticket and you put that ticket up, the copy is what you're going to be working with. So from now until the day that you claim that ticket, do you take it to the lottery office, you're going to be working with the paper copy. That's going to be the one when, you know, you go to the lawyer and you go, here's, you know, here's the ticket. It's proof. I'm really not a nut job. You know, that's what you need to work with. That small piece of paper is very fragile and it can be lost or damaged very easily.
Starting point is 00:14:47 So put it someplace safe, make a copy of it. And then also now is the time when you really start thinking things through. And so from the very beginning, once you win, I mean, literally once you figure out, hey, I've matched all my numbers, you have to adapt a very high level of OPSEC and ComSec. And if you need a refresher course, you can go back and listen to my shows. Some of my very first shows were on Operation Security and Communications Security. in the chat room says you have to be careful because some copiers will ruin your ticket. Yeah, that's a good point. Those tickets are temperature sensitive. So if you get it wet, don't put it in the microwave to dry it out. Don't put it in a toaster oven to dry it out.
Starting point is 00:15:31 Don't put it in a window seal where the sun can get to it or a hair dryer or anything like that. If that paper gets hot, it's going to turn black and you will ruin the ticket. So good job. Yeah, that's a good idea. Pappy says photo or digital photo. Yeah, take your phone and take a picture of it. But don't post it on Facebook. You know, use the picture that you're using as your legal stuff. But you don't want to Twitter that thing. Bad mojo.
Starting point is 00:15:59 So, op-sec and commsac, you need to keep a low profile. Don't tell anybody that you're won. As bad as it is, and as much as anybody wants to climb on the roof and scream and, you know, go jubrient and call all their friends and family, don't do that. Don't tell anybody that you've won. than your spouse or maybe not even your spouse depending on your situation I probably might take my ticket and go to the lottery office cash it out and leave
Starting point is 00:16:28 the country and not tell E.K. So anyway combined with the disorientation of a sudden wealth the addition of sudden fame can create a huge emotional strain. So you run around you start telling everybody hey look I won I'm a multi multi millionaire and then that's going to create some problems and we're going to get into those little ways on. EK in the chat room says, what, no lottery winning party? Well, that's for later. You don't want to do that up front.
Starting point is 00:16:58 You want to give it a few months first. Then you can have a lottery winning party. Okay, she, EK says she can hear me and she can hear me and basically I can run but I can't hide that tracking chips she had embedded in me last week. So anyway, let me get back on track. I'm going to get off here and get in trouble. So one of the things to think about is change your phone number.
Starting point is 00:17:26 Get you a burner phone. You know, when winners, when someone wins the lottery, they're going to expect to feel the demands from friends, family, and general public. You know, you know how that is. Everybody's going to be your friend. Everybody's going to come out of the woodwork to befriend you or hey buddy or a long lost cousin or hey i'm graduating college soon and everybody's going to be calling
Starting point is 00:17:50 you or trying to hit you up on facebook or whatever you know just just change a number get you a burner phone and turn the other phone off for a while after the initial shock and excitement you're probably going to begin to feel a lot of pressure from others and they're going to be pressuring you to share the winnings and there's a lot of times that people report that you know people that have one they feel guilty and they even suffer from low self-less because everybody in the world feels they are entitled to your money because that's what money does to people. And if you don't think people are evil and you don't think people are ruthless, then you just wait until money's involved because you will absolutely see pure evil in people
Starting point is 00:18:29 if they are after your money. And not just the lottery, that actually goes for estate planning. You know, the parent passes away and you've got brothers and sisters or siblings. you're going to see just how ruthless and evil human beings can be when there's money involved. Literally and truly, they say the root of, you know, money is the root of evil, and it's, it is, it's the love and it's the lust of money. So before warn there, a lot of winters experience joy and mirth at first. Again, you know, they're like, you know, holy crap, this is awesome.
Starting point is 00:19:01 And then they're going to have to deal with a lot of stress. And there's a psychologist, Stephen Goldbart, actually coined the phrase. it's called sudden wealth syndrome. And some of the symptoms include feeling isolated from friends, guilt over good fortune, and extreme fear of losing the newly gained money. So you got all the money, and then you're really, really afraid that you're fixing to lose it all or something's going to go wrong. Well, the best way to avoid that is to minimize your social footprint. You know, like I said, turn off the phone.
Starting point is 00:19:31 Don't tell anybody you got it. Close your Facebook account. Close your Twitter account. You can always reactivate them later, but minimize your social footprint while you're taking stock of the plan to what you do with your winning. So you might have to insulate yourself a little bit. Like I said, you know, close your Instagram, close your Twitter, close your Facebook, and you really want to go the route of OPSEC. You are going to have to watch what you say. You're going to have to watch what you do, and your actions could betray you.
Starting point is 00:19:58 So you go to, you say, well, I'm still going to go back to work and there's not going to be any deal. you're not going to be able to go to work the first day or two. The first day or two after you win, you need to stay home because your emotions and your adrenaline is going to be so out of whack. You're not going to be able to keep your mouth shut. The first time that someone crosses you, you're going to go screw you, the horse you rode on the horse you rode in on. I won the lottery last night. I don't need this. You can't do that.
Starting point is 00:20:27 So take a few days off just to say, you know what? I have had some events happen in my life. I need to take a day or two off. And just take a sick day or take some time off. And then come back to work. Lottery flu. There you go. That's a good word for it.
Starting point is 00:20:45 The lottery flu. But seriously, take a day or two off. Figure out what you're going to do. Compose yourself. And then you probably want to go back to work. Or you just at least call your boss up and say, look, I've had something happened in my life to my spouse. and I are going through something right now and I need to take two weeks off or I need to resign, that kind of thing.
Starting point is 00:21:08 And, you know, if you go back into work, then you're really going to have to watch what you say and you're really going to have to watch what you do. But, you know, yeah, go to sick route, man. Just say, look, I've had something happen last night and I'm not going to be able to work. I still want to, you know, I'm still, I'm not quitting. I'm not turning in my notice. I just need to take two weeks off. And if you knew, if you do anything else, I mean, just claim the, I don't know if you could claim the
Starting point is 00:21:33 the Family Emergency Medical Leave Act because technically you won't have a doctor's excuse or anything but you know I don't know, maybe you could just tell them you know look here's $200, shut the heck up I don't know anyway everybody else says I quit in colorful adjectives and adverbs
Starting point is 00:21:52 they say I quit and you can do that but not immediately you know again make sure certain things are in place place before you do that. Leaving a steam and pile of something on the boss of the desk is not good enough. They still need it in writing. So the fourth thing to do, as everybody is saying, is you need to assemble a team. So call an attorney, call a financial planner and an accountant. And while you're deleting your social media accounts, or at least inactivating them, you need to talk stock of
Starting point is 00:22:24 who your friends are. So you should begin to develop a team of advisors that you can trust. And it may need to include an estate planning attorney, a competent accountant, maybe an insurance agent, and then a reputable financial advisor. And these are not people that you just Google. You know, you don't want to just go to the yellow pages and go to the yellow pages and go, you know, oh, well, this guy looks good. No, you need to start visiting them. Actually visit the CPAs, visit the attorneys, that kind of thing. So let's take a break real quick. I'm actually going past my time on there. So let me take a break. Let me grab a sip of water, read the stuff, in the chat room and we will be back in just a second. So, G-Man. It shouldn't be all about
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Starting point is 00:24:54 And for those of you that have called in, we appreciate you calling in, but you are missing something in the chat room. So, Emma Gray is we're voting on the new name. So when one of us wins, we're all going to move to a private island, and we're going to rename that private island. And we're voting on names. But I have to say one thing. The state motto or the national anthem needs to be, Go Away, we don't want you, so that any outsiders won't come in to our island.
Starting point is 00:25:26 So that's going to be on the flag. It just says, go away. Anyway, back to it. So begin visiting CPAs and attorneys and, you know, start talking to people. And you may just want to walk into the shop and go, you know, hey, look, I just inherited a large sum of money and I need to know what to do. And you need to make sure that your BS meter is working and be prepared to walk away if it doesn't smell right. So there's going to be a lot of attorneys that are going to go, yeah, we can help you. and they're going to go sales pitches and, you know, I only need 30% of the winnings or, you know, whatever.
Starting point is 00:26:04 Just, you know, just, you don't have to say I won the lottery. In fact, I wouldn't say I won the lottery. Just say, I just inherited a large sum of money or that, you know, I come into a large sum of of money from an inheritance and I need to know what to do. Or find some people that you trust and, you know, build your team. And so there's a reason why you need to build a team. and you actually need a team. It's not just the attorney.
Starting point is 00:26:30 There's actually several people. But the first one is, in case you want to consider claiming the winnery prize as a blind trust. So this is where I was talking about when you sign the back of the ticket, make sure you, you know, you kind of sign your name, but don't take up the entire back of the ticket. Because you might want to write in the name of a trust. So many states permit a lottery winner to utilize a blind trust. And some states allow you to be, you know, anonymous and you don't have to. to report your name or anything. So you can sign the ticket and you can claim it and it's no big deal.
Starting point is 00:27:02 But in states where they don't require your identity, in the states where they do require your identity, you may want to think about using a blind trust to claim the winnings in order to protect your identity and your privacy. And a lot of people choose a trust for that purpose. And so that's going to be that, you know, when the name of the winner is looked up, you're going to find the trust.
Starting point is 00:27:23 So if you're looking up who won $300 million, you know, or three years ago they'll have it listed but it'll say the name of the trust and it's not going to have your name so eK is saying look above and you sexualize does not work that way have to sign one way or the other oh okay so apparently EK has already been doing some work on this just in case I won so she's saying that it doesn't work like that you actually have to sign it one way the other so you have to sign it as your person or you have to sign it as the trust well again that's a really good thing and maybe the lawyer or you know what just out of giggles call the um call the lot of commission and ask them you know hey which one's better but she's saying it's an either or you either
Starting point is 00:28:13 sign your name or you sign as a trust you can't do both so that's a really good good thing glad you glad you brought that one in there okay um a trust is a really good idea because the people that are going to be looking for your money, well, there's going to be a lot of people that are going to be looking for your money, and it could be for handouts, it could be from charities, it could be for investment opportunities. You know, there's going to be a lot of people that are going to be all of a sudden your friend, and especially if your name is on there, they're going to have your name,
Starting point is 00:28:42 and it doesn't take much in Google to find somebody. I mean, literally, you give me a name in an approximate age I can find pretty much anybody in the U.S. And it's just, I just know how to use Google. I know how to use Boolean logic, and Boolean logic in Google are a very dangerous thing. One cool thing I did find in my research as a lawyer. Now, I'm not associated with this dude. I'm not plugging him in any way, shape, or form,
Starting point is 00:29:04 but his name is Jason Curland, and he's the lottery lawyer. And the way he got into this is he helped a friend out, and then turns out there was a niche market for people that needed a lottery lawyer. So if you hit it big, and I hope one of you do, but if one of you out there does hit it big, he might be worth a call. And so for those of you in the chat, here's his website.
Starting point is 00:29:29 You can write it down or just make a mental note of it. And if you ever have something, you know, hopefully you get something, there it is. But it's the lottery lawyer, and his name is Jake Erland. And so he kind of specializes in this. The second reason to have a team is that there's going to be a lot of people who are worth a lot of money and they need to guard against losing assets to creditors. So they can include anyone,
Starting point is 00:29:53 your creditors can include anyone from a disgruntled spouse or an ex-spouse to people who win lawsuits against you. So if you think people, excuse me, if you think people have deep pockets, then trying to read the chat room and do this at the same time, getting confused here. If people think you have deep pockets, if they think you have money,
Starting point is 00:30:19 then they're going to be looking for reasons to sue you. And if any of y'all have ever seen the dash cam footage on YouTube, where the guy's got a dash cam, and he comes to a complete stop, and there's somebody walking across the stopwalk, and all of a sudden they stop, and then they start running at the car, and they do like a flying leap onto the car, and then slide off, and it's like, oh, I'm hurt, I'm hurt, I'm going to sue you. That's what you're going to be dealing with. I mean, it's going to be very prudent of you to ensure that you're not an easy target and you're going to need to put mitigating controls in place like a dash cam you know most times when they say you know they oh you hit me i'm going to sue you
Starting point is 00:30:58 and you go okay i got a dash cam right there they're going to get up and run off because they don't want to be on there so but these are the things you need to think about and so people think you have money then they're going to come after you in any way shape or form i mean it may be a girlfriend from high school that you haven't seen in 50 years. And all of a sudden, she's going to come up and go, hey, by the way, I got six kids and they're all yours from the last 30 years, even though you haven't seen her. I mean, it's going to be crap like that. And they're going to hire good attorneys to come after you. So even if it's a complete BS lawsuit, if they can win, then, you know, that's you in a sling. So you need to make sure you've got things in place to protect yourself.
Starting point is 00:31:43 A third reason for a team of professionals is you want to help them, you want them to help you decide how to collect the winnings and pay your taxes. So for the lottery, usually you can take a lump sum or you can collect an annuity. Usually I think they're over 30 years or whatnot, but either way, you're going to have to pay some taxes on it, and you're probably going to have to pay taxes a little bit along. So there's the initial upfront taxes, and then there's taxes that, you know, can accrue here and there that you may not know about. Well, a teen can help you decide on a lump sum versus an annual payout. So some people say, you know, take the lump sum, you know, if something happens to the lottery commission or if something happens to me, my kids still get it. And there's positives and negatives for both of them.
Starting point is 00:32:29 So with the lump sum, you take all the money at once. You put all the money in the bank and it's earning interest and that's great. You can take it, you can put it in treasury bonds or whatever you want to, and you've got the money. the money and it's accruing interest or it's accruing whatever and that's perfect but once it's gone it's gone and with annual payout if you screw up the first year and blow everything well then you get twenty more twenty nine more chances after that to get it right so spreading the payments out protects you from becoming the latest lottery winner who's lost all their money and you don't end up on a tlc show so speaking of that right before this show on an odd
Starting point is 00:33:10 twist of fate. I turned on the TV and I was flipping through the channels and I found a show on HGTV called My Lottery Dream Home and I thought oh my goodness this is just too weird. I'm sitting there talking about winning the lottery and here's a TV show that you know that's on it and some of the times what I've seen for the last two or three episodes that I watched is that a lot of the people were blowing almost their whole budget on a house so the house, you know, they won a million dollars. The lottery took half of, or the state took half of that. They've got a half a million dollars left. They're buying a $400,000 house because you think, okay, I've got a half a million dollars. I'm going to buy a $400,000 house. That'll give me
Starting point is 00:33:54 $100,000 left over. And that's great until the next year the property taxes come due. So if you can't afford, you know, a two or three or $400,000 house every year for property taxes and a state tax, a state, taxes, then don't buy it outright. So those are the kind of things you think of, because you're going to have taxes come up one way or the other. It ain't just on the money on the lottery. It's money on whatever you buy and stuff. So, yeah, Pappy's got it right. She says, that's the reason for the RV and the truck is, you know, you sell the house, you take all the money, and you have the truck and the trailer, and you don't pay property taxes and stuff. So that's a good, and that's an idea. You know, you buy a motorhome or buy several motor homes and you just tour around because, you
Starting point is 00:34:41 they can't hit a moving target. That's what Willie Nelson does. But anyway, you're going to have to pay taxes either way, whether it's a lump sum or an annuity or in property taxes or whatever. You're going to have to pay taxes. And a team can help you decide on that, help you know, figure out what to do with the stuff. So, yeah, you need a boat to get to the island.
Starting point is 00:35:04 You need a big boat to get to the island. Need a big, nice boat to get to the island. And that's something else. That's actually another good idea real quick is a boat. You know, there are a lot of people that that's what they do is they're, they're multi, multi-billionaires, and they have boats, and they just sail around the coast to all these different ports and everything, and they have, you know, full crew on the boat,
Starting point is 00:35:25 and they pull into the boat and pull into port, and they get food, and they get fuel, and they just keep sailing, and there's no, you know, there's less taxes they have to pay, because, of course, they're going to register in, like, Bermuda or somewhere else where it's really, really cheap to birth a boat from. So anyway. So after, let's say, you've hired the team of professionals. What's the next step?
Starting point is 00:35:49 Well, you've signed the back of your ticket, or you've signed the back of the ticket with a trust, or whatever you want to do. You've called the lawyers. You've called all the professionals. What's the next thing you do? Well, avoid sudden lifestyle changes. So for everybody that was saying everything in the chat room, those are really great. Those are all great items to purchase.
Starting point is 00:36:06 But you don't want to do that for the first, for six months. So as I was saying earlier, don't quit your job, don't begin buying a new home, don't buy a new luxury car, and don't begin giving out gifts. Lay low for about six months and don't do anything drastic. And this can be after you claim the ticket. You know, you got two or three months maybe before you have to claim the ticket and then once you claim the ticket and you get the money in the bank and everything's cleared through, lay low for a little bit longer. You know, if you live in a trailer park and I'm not knocking trailer parks because I used to live in one. So, But if you live in a trailer park, and all of a sudden you trade in your 1966 Ford F100 for, let's say, an all-black-black-R-8 spider with red caliber brakes, black optics package, and dynamic steering, you know, it's going to kind of look out of place.
Starting point is 00:36:58 And I'm saying that I would ever buy a 2018 Audi-A Audi R8 spider. but, you know, just thinking out loud, E.K. Just thinking out loud, you know. An Audi R8 would be a really nice gift if we can get that. But it's got to have the red brake calipers and the black optics and dynamic steering. But anyway, if you live in a trailer park and you trade in your old hooty truck for that, it's going to look at a place. Now, I'm not saying you can't get a new car, buy a new car, but be sensible. You know, be sensible until you move into a new home and you have the protections in place. It is not a useless gift.
Starting point is 00:37:48 It is absolutely not a useless gift. Okay, I am being argued with in the chat room here that that, that an all-black 2018 Audi R-8 spider with red calipers in a black optics package is a useless gift. It is not a useless gift. It can get to me to my bugout location quickly. It can get me from the house to the boat in a very fast manner. And, you know, when it hits the fan, you've got to get out of town really, really quickly and get around roadblocks. And that kind of car would help you do that. Anyway, so get a new car, but be sensible about it. You know, don't get a brand new car that looks out of place.
Starting point is 00:38:35 Get something, you know, this decent. And if I'm going to ask, you can say, yeah, the old one just broke down, and I got a good deal on this, and I hack them with a guy, and I've got a decent payment scheme that's set up or something. But anyway, now that's a good idea. Flying Dutchman says, take your old truck, but get everything or replaced on it mechanically. So basically, you know, you take the Ford F-100, but you drop a brand-new V-8 in it, a brand new V10.
Starting point is 00:39:04 And there you go. All righty. So the final thing after you're done, you claimed all your winnings is to figure out what you really want. You know, what do you value in life? So that's going to be some question to the chat room is, okay, barring items that we've purchased,
Starting point is 00:39:21 you know, borrowing prepper stuff. Let's talk about some real world value. What are some things? Oh, Lord. What are some things that you would do that would bring happiness to your life. Everybody says money's not everything. Well, those are people that have money.
Starting point is 00:39:40 But if you had all the money in the world and you didn't ever have to work, what are some things you would do? So that's the question in the chat room. And in the meantime, we're going to go take another break. I'm going to get me another sip of water and let y'all hit it. So, G, man, take us to break.
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Starting point is 00:42:18 I'm reading the chat room. Oh, that's going to take a minute to compose myself. Oh, so some more things that people were talking about. One thing they were talking about to get in their pilot's license. So yeah, get your pilot's license. So yeah. get your pilots license and learn how to fly back to that education thing you know hey you never know getting a plane and fly to your bugout location we'll make sure that if we
Starting point is 00:42:46 when we buy the island we'll make sure we have a good strip of runway so that we can land you know Cessna's and moonies and stuff on it so once again Melinda Lee actually answered my question so my question to y'all was not um what you would buy but it's what you would do, what would make you happy. So Melinda Lee in the chat room, kudos to you because you absolutely won it again. She says to be able to spend time with my family and friends, to enjoy my hobbies, to travel and enjoy all the beautiful places that I have seen in books and TVs, the parks and historical sites.
Starting point is 00:43:25 Absolutely. That is it. I mean, that's what we're thinking about. So, you know, you've cleaned your winnings, you've paid the taxes, and the bank account's full, well, now you need to figure out what you really want on a life. You know, what do you value in your life? So you're in a position where you don't have to work,
Starting point is 00:43:45 but you need to find what gives you meaning and purpose. So believe it or not, just spending money is boring, and you're going to lose all that money if that's your thing. So you can poo-poo me in the chat room and everything else, but if all you have to do is spend money and that's all you get out of life, that's going to get really, really boring and really, really old, especially if you've got, you know, one of those huge payouts and stuff. So figure out what makes you happy.
Starting point is 00:44:13 Maybe you want to start a charitable foundation that you can give. Maybe you want to volunteer. You might become a real estate tycoon and be able to set up stuff and, you know, make more money. But, you know, maybe think about instead of setting up investments for your children, you know, their children, the children's children, you know, they're kind of your future generations. volunteer, do it, you know, do what makes you happy. Some people in the chat room are saying, make time for projects and crafts. Absolutely, you know, if knitting makes you happy and that's what you really, really enjoy, then go knitting.
Starting point is 00:44:49 You know, another person says, go travel Europe. Absolutely. You know, go travel Europe and all over the place. And Jay Fergie says, my children being outside, raising animals, gardening, and crocheting. Absolutely, yeah. That's what I would do. If I had all the money in the world, I would absolutely do the gardening thing.
Starting point is 00:45:10 I would do the homesteading thing. Yeah, painting, crocheting, all that kind of good stuff. So it's not just about spending money. So with the prepper thing, yes, we want to make sure we have a homestead. Yes, we want to make sure we have, you know, security and dry food and, you know, freeze dryers and solar and wind energy. and all the things that would make us self-sustainable. But once we buy all that stuff and once we've got our homestead or our bunker or our compound decked out, what do we do?
Starting point is 00:45:42 I mean, you've got to do something to keep yourself busy. And so volunteer or, you know, do things for other people. For those of you that are out there that have retired, you know what I'm talking about. So the first few months after you retire, it's great because you have money. You don't have to work. You sleep late. and everything is perfect but if you've been retired for a few months
Starting point is 00:46:04 you know you get bored and you got to find something to do one of the things that I always say that if I could ever do it if I won the money and money wasn't an issue and you know I didn't need insurance and all that kind of good stuff I'd go back to being a radio tech so I would find a low-paying job
Starting point is 00:46:23 is a bench tech working on and installing radios for the police and fire departments I used to do that when I was a teenager and I really enjoyed that job and I still would be doing it if money was not an issue. So it's not the highest paying job in the world, but working with radios and fixing things and, you know, using the oscilloscopes and solder and irons and all that kind of good stuff that I used to tinker with on a bench repairing radios, I would go back to do that if money wasn't an object.
Starting point is 00:46:51 You know, that's what I would do for my to keep myself busy and to keep myself, you know, entertained. And then, yeah, volunteer and stuff. for stuff. You know, do charities. Go like into an old person's home, a nursing home and buy things and help people out or, you know, whatever. Just do something that helps your soul,
Starting point is 00:47:12 that benefits your soul as a human. That's what you want to do that makes you feel good. So you do things that make you feel good inside. And giving is actually better than getting. Everybody poohs that. But, you know, believe it or not, your soul is, and your heart will do better
Starting point is 00:47:30 when you actually make somebody else happy by giving them something. And it doesn't have to be money. I mean, go buy them a cheeseburger. Oh, my goodness. I would be so happy if somebody would order me a pizza once in a while and just have it delivered and just show up.
Starting point is 00:47:46 And I don't even have to, I don't know about anything, and just show up and know, oh, hey, look, here's a Pizza Hut with a stuffed crust with ham and pineapple, a pizza. You know, just show it up at the first. front door. Hint, wink, wink, nudge, nudge kind of thing.
Starting point is 00:48:04 It doesn't have to be anything. It doesn't have to be a lot of cash or, you know, a new car or anything. Just, you know, go buy something for somebody. If there's a kid on your street and they've got a ready old bike, go buy them a new bike and go, hey, look, here's a bike. Have a new bike. You know, if there's a, a girl when she's got dolls, go buy our new dollhouse and just say, you know, look, I saw you needed a doll. Here's a dollhouse. And just, you know, the, the things to make somebody else smile. That's what you're wanting. So anyway.
Starting point is 00:48:38 All right. So let's see here. Chat room, chat room. Uh-oh. Got to scroll back up. Y'all are comment too fast for me. So something else would buy. Buy more lotto tickets. Yeah. You can buy some more lotto tickets. One person says, I would set up a trust for the grandkids. Absolutely.
Starting point is 00:48:56 And make it that the grandkids couldn't touch it until their 25th. their 30th birthday. Rescue animals. There you go. Dude, man, Melinda Lee is killing it tonight. Rescue animals.
Starting point is 00:49:09 I would so do that. Yes, if I had the money, I would go back to my hometown. There's a program in my hometown that's kind of like a Partners for Pets thing where people can donate money or donate items. Man, I would just, I would cut them a check for, you know,
Starting point is 00:49:27 as much as I could and go, here you go guys you know y'all have it i can't adopt all the dogs but we can get you better facilities we can get you you know so that you don't have to worry about dog food you don't have to beg or anything you know rescue pets or doing something with kind of like rescue animals man that is that is awesome so all right so the next one is uh working in the garden yep you know if that makes you happy you keep working in the garden maybe uh take all your produce and and give it out or Maybe start a community garden. If you'd like to do the gardening thing,
Starting point is 00:50:01 start a community garden for some of the homeless people around you. You know, that kind of thing. Just, you know, think outside the box. Let's see here. Oh, okay. Well, apparently my pizza request has been fulfilled. Let's see here. Yeah, Melinda Lee's rocking it.
Starting point is 00:50:24 She's making all of us shameful because she's the one is like, you know, I would increase my education. I would increase my training. I would do all this kind of stuff for other people. So, yeah, she's the nice one of the bunch. So like I said, Melinda Lee, kudos to you for tonight. You are knocking it out. So, all right.
Starting point is 00:50:43 So lastly, we're getting down about to the bottom of the hour here. And so lastly, and in the meantime, before we went it all big, I encourage you to read a book. So I've got a book that I have read before, and it came to mind while I was doing all this kind of good stuff. And in the meantime, while we're waiting for our Powerball numbers to come up, or our Mega Million numbers, or our Lucky for Life, or whatever state lotto you have or scratch off,
Starting point is 00:51:10 there's a book I want you to read. So you can either buy it or download it, but it's called The Pearl by John Steinbeck. The Pearl by John Steinbeck, P-E-A-R-L, like an oyster pearl. There's a lot of people who have struck jackpots, and they end up finding out that winning is sometimes the fastest way to lose everything. There are countless stories of people out there that get, you know, a million-dollar lot of windfalls, and then they turn to drugs, they make bad investments, or they get robbed,
Starting point is 00:51:42 or even they get shot by their family members. And so this is not the best thing to end on, but it's something that, you know, it needs to be covered is that a lot of people that win the lottery and become multi-multimillionaires, overnight actually end up going deeper into debt than they were. And a lot of them, they take their own life. And again, my stance on that, you know, if you listen to the show for any little about that, that's cheating. You don't get the cash out when you want to.
Starting point is 00:52:12 Jay Ferguson says, the curse of the win, absolutely. So, you know, picking the lucky numbers doesn't solve all your problems. Picking, getting all that money doesn't solve your problems. And a lot of times it's going to create new ones. They're going to make your old problems seem like Cherished Friends. So, you know, when you win, and I hope that one of y'all out there does, honestly, I hope that when one of you wins, that you will take the time to think about it. You'll take the time to assemble a good team to put up protections in place,
Starting point is 00:52:45 to make sure that you don't go nuts right off the bat that, you know, keep a low profile, don't tell anybody, make sure you make the right decisions, surround yourself with people that will make the right decisions for you. you know, make sure you protect yourself, your family, and your assets, because people are going to come out of the woodwork.
Starting point is 00:53:05 Jay Fergie says it that, yeah, people are going to come out of the woodwork, they're going to be needing money, and kidnapping and everything else is not out of the question. So keep all that mind, you know,
Starting point is 00:53:14 when you're rolling in that mattress of $100 bills, and, you know, you've got the million dollars in the pool, and you're just swimming through the coins like Scrooge McDuck, you know, just keep that,
Starting point is 00:53:25 keep in mind. So, anyway. All right, as I always say, if anybody has any questions or wants to correct me, then shoot me an email or hit me up on Facebook. I always welcome constructive criticism. Don't forget to join us tomorrow night. Dave is actually on the road. Dave is in Chicago, and he's going to be talking to the great folks at Emergent Bio Solutions.
Starting point is 00:53:45 If you remember, he talks about the product called RSDL. That's a great thing for nerve agents. So RSDL, and Dave's actually going to be talking to them. He's also traveling with the RK Prepper Show this show. year apparently. And it's a damn shame that RK Preppers is not coming to a town near me, because I absolutely want to go to that this year, but the closest one is Atlanta. And I'm not driving three hours just to go to a Preper show. I would, but I'm not. But anyway, so Dave, tomorrow night, Dave's the NBC guy. His show is at 8 p.m. Eastern. That's 1 a.m. Zulu, for those that need
Starting point is 00:54:18 to check. Join us with him. He always has a really great show, and he's live. So, does anybody else have anything in the chat room before I say goodnight. So about 30 seconds left. Anybody in the chat room got any, anything they want to add. Throw out there. Bueller, Bueller. One guy says a guy I worked with one. They published his name, and he had to hire guards for his parents' house to
Starting point is 00:54:50 live with. So, yeah, you know, it can create a lot more problems than it's worth. But anyway. All right, people. Well, y'all have a great evening. Have a great weekend. For those of you that are in the south, it's going to be really, really great, unless you're getting the rain tonight, tonight and tomorrow.
Starting point is 00:55:06 So if you're dealing with snow, I'm sorry. Florida is a nice 78 degrees and sunny. So it sucks if you're not in Florida. But anyway, have a great evening, everybody. I am out. When disaster strikes and your GPS is useless, ancient navigation techniques will ensure your survival. New from Ulysses Press, Preppers' Survival Navigation.
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