In this solo video Rob Moore reacts to a recent ā¬195 million EuroMillions jackpot and argues that such windfalls are more likely a curse than a blessing. He cites statistics that roughly 70 % of lottery winners end up broke and 30 % file for bankruptcy, often within three years. Moore outlines the main reasons winners lose their money: failure to account for taxes, overāgenerous gifting to friends, family and charities, spending on depreciating assets (cars, holidays, gadgets), lack of investment knowledge, susceptibility to scams, and quitting their jobs which stops earned income. He stresses that the true value lies in the knowledge and habits built while earning money, not the money itself, and that financial education is essential to preserve wealth. Throughout the video he repeatedly promotes his paid educational platform, rob.team, positioning it as the antidote to the pitfalls he describes. He concludes with a call to avoid lottery play or, at most, treat it as a small, controlled entertainment expense, and urges viewers to join rob.team to become āmoney masters.ā
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Ā£195 million lottery winner goes bust. This is my prediction. In the last 24 hours, one lucky winner won Ā£195 million on the lottery, and this could be the biggest curse for them of their life. Now stay with me because this might surprise many people, but do you know that 70% of people who win the lottery go broke, and 30% of people who win the lottery actually file for bankruptcy? So it's a curse for most people to win the lottery. Now, who wouldn't dream of winning the lottery? Who wouldn't want to win the lottery? Many people spend lots of money on the lottery, but hope is not a financial plan. Meditating and incantating and visualizing your lottery millions is not a way to build wealth. So my advice: do not play the lottery. Some would say, oh, well, it's only a few pounds a week, it doesn't hurt anyone. Do you know a few pounds a week compounded over 10, 20, 30, 40 years, do you know that could be thousands or tens of thousands or hundreds of thousands of pounds? Do you know that the lottery could be a gateway jugā gateway jug? I need a gateway jug of water. Do you know the lottery could be a gateway drug to gambling addictions? So my general advice to you is don't play the lottery. And actually, probably a much bigger curse to win the lottery than it is to not win the lottery. So, you know, so according to the National Endowment for Financial Education, 70% of lottery winners go bust. 30% of them have to actually file for bankruptcy. Their life is worse having won the lottery. Now, by the way, there's one main reason, and I'm gonna tell you that one, but at the end. So, um, maybe you want to share in the comments what you think. What do you think the reasons that people go bust when they win the lottery are? Why it becomes the biggest curse in their life? Why do they squander all the money? Like, surely if you win $195 million, you're set for life. No, most of them have lost it within 3 years. So number 1, they don't consider the taxes, the tax brackets it'll put them in. They give a load of it away to people. You know, there's a lot of guilt and, oh, give me money, and, oh, you've won millions, I should have some of it. And they end up giving too much of it away. Whether it's friends and family and charity. And whilst you say, yeah, that's a nice thing to do, if you give it all away and you're left with nothing, that's bad. They spend money on cars and holidays and depreciating liabilities. They make bad investments because they don't know how to invest. They get scammed. They quit their job. They stop earning. They stop producing. Now here's the big main reason One, why you shouldn't play the lottery, and two, why people go bust even if they win $200 million on the lottery. Because the greatest gift in earning money and being financially independent is the lessons you learn along the way, is who you become making the money, not the money itself. You ask most millionaires and the millionaires will say Even if you take all my money away, you can't take away my knowledge. You can't take away what I know. So it's who you become and what you learn when you make good money that is the real gift. It's also that you created value, innovation, production. You created solutions, meaningful products and services. There was a fair exchange. There's no fair exchange of winning $195 million on the lottery, and you are not wise enough, experienced enough, durable enough, and resilient enough to manage Ā£195 million. Sorry, you're just not. They don't have emotional control. They don't know how to manage their emotions around money. And this is why 70% of lottery winners go bust, why you shouldn't play the lottery, why you shouldn't envy lottery winners, why you should probably have sympathy for lottery winners. You don't want it to be a gateway addiction drug. And you've got to understand about taxes. Probably shouldn't give too much money away. A small amount, maybe. You know, buy appreciating assets, not depreciating liabilities. Learn how to make good investments. Don't just chuck money at bad ones. Learn how to protect yourself from schemes and scams. Maybe you shouldn't even quit your job for a while if you win the lottery. But you know, someone asked me this morningā it's why I'm doing this videoā um, Rob, what do you think about the lottery and playing the lottery? I think it's a bad move. I don't think you learn to earn, because the more you learn, the more you earn, and you're robbed of that learning ability when you play the lottery. So actually, I think it's, um, built on a house of sand. Now, I used to think all the lottery money went to charities, but the government have dipped into some of the lottery money. Makes me even less of a desire to play the lottery. Hope is not a strategy. Now, if you just spend a fiver a week, money you can afford to spend, and you just do it for fun and you don't rely on it and you don't do anything else and you're controlled and disciplined, probably no harm done. So number 1, what do you think about someone winning 200 million? Like, I kind of think, wouldn't it be better if 200 people won a million? Because a million is not enough for you to think that you're made for life. So you probably wouldn't quit your job. You'd probably still have to be smart. So in a way, it'd be better if they gave 200 people 1 million instead of 1 person 200 million. They're giving this person a great curse. That's my thoughts. What are your thoughts? I would love to know. Quick summary: someone just won ā¬195 million. EuroMillions! People are going to be jealous and envious. This person is made for life. No. I predict they go broke because 70% of people who win the lottery go broke, and 30% of them have to actually file for bankruptcy within 3 years on average, which means they're worse off than when they won the lottery in the first place. They fail to consider taxes when you get the money, how it's paid. They give too much money away and don't budget properly. They spend on depreciating liabilities and cars and vacations, etc. They make bad investments because they haven't learned how to invest. They don't educate themselves financially. They quit their jobs and they change their lifestyles too quick. They're scammed out of the money, and they haven't learned emotional mastery around money, financial budgeting and control and restraint, and learned how to invest in assets, and learn how to budget, and learn how to turn money into more money, and protect the money, and insure the money, and diversify the money, and create multiple streams of income with the money, and build assets with the money, and protect the money from inflation. They haven't learned any of that. Now, if you'd like to learn all of that, because it's vital that you're financially savvy in the world we're in right now, vital, because inflation is super high, um, interest rates super low, cost of living super high, it's vital that you are a money master, that you learn, earn, invest, and you know about money. To learn this, go and join rob.team right now. Rob.team is an educational educational financial platform. Um, it costs less than a large Costa Coffee, one-third of the price of Netflix. Netflix subscribers are going down by millions. Rob.team is going up by dozens a day. So go and join Rob.team. To do that, just open a new page on the internet and type in rob.team. Rob.team. Go join right now. A financial education and resource platform. Learn earn and invest. Build multiple streams of recurring income. Get better financial education and knowledge. Masterclasses on getting your tax down. Masterclasses on getting your earnings up. Masterclasses on building assets that produce recurring income. Masterclasses on the best ways to create $100K quickly. Masterclasses on the best business models. It's all in Rob.team. You can cancel anytime, no contract. It's one-third of the price of Netflix. Netflix subscribers are going down, Rob.team subscribers are going up, and I believe you should be one of the subscribers, because the more you learn, the more you earn. And it is absolutely vital that you educate yourself. Information equals income. And most people, they just hope that they might make money, hope they might get a pay rise, hope they might win the lottery. Hope is not a strategy. Praying and incanting and the law of attraction and meditation And visualization, I'm sorry, it's not a strategy. You gotta learn to earn. You gotta work. You've gotta educate yourself, build knowledge, resilience, strategies, tactics, and you can learn all of that in Rob.team. By the way, what you pay for Rob.team a month, you would spend on a lottery ticket in a week. So there you go. Instead of spending a fiver on lottery tickets a day or a week, spend a fiver on Rob.team a month. No contract, cancel anytime, learn, earn, invest. I've got a 9-module, 10-hour how-to-invest series. Our lottery winners, they should have learned that, I'm telling you. They probably would have turned their 10 million into 100 million, or their 100 million into 500 million, instead of losing it all because they didn't have the knowledge. And our big issue in the world right now, in this crippling economy, in this soaring cost of living crisis, It's actually not money, it's lack of education. So if you want the education, go and join rob.team. Open up a new window, type in rob.team. The more you learn, the more you earn. So quick summary while you're going and joining rob.teamā you can go there and then come back, by the way, or go and watch the replay. Go do it now. Um, but a lottery winner has just won Ā£195 million, and I think that's a curse. 70% of lottery winners go bust. And 30% of those have to actually declare bankruptcy, many of those within 3 years, and their life is often worse than when they started. There are many reasons lottery winners go bust, and I recommend you don't invest in the lottery, you invest in Rob.team Fiverr. They fail to consider taxes, tax liabilities. They give too much money away to friends, family, and charity without budgeting. They spend a lot of their money on depreciating liabilities like cars and holidays and gadgets and gimmicks. They invest in bad investments because they don't learn how to invest. They quit their jobs, they change their lifestyles, they're scammed out of the money, but importantly, they don't learn how to invest and earn. Investing and earning and becoming a millionaire is just like, you know, getting a black belt or going up the grades in martial arts or getting fitter or stronger or more healthy. It's knowledge. It's actually applied knowledge. Learning and then implementing. Because when all is said and done, more is said than done. So if you watch my content and you're learning but you're not implementing and you're not going and joining Rob.team, then talk doesn't cook rice. Go and join Rob.team right now. Open a new page on the internet, type Rob.team. I see in the members area there's a community of 5,200 active, disruptive, innovative entrepreneurs, changemakers, movers and shakers just like you. So the community is awesome as well. All right, thanks for tuning in. Hit the share button because we need to get this message out there about lottery winners and, you know, that we should not be gambling our money at all. If you don't risk anything, you risk everything. I might have already said that. I'll say it again.
