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Mark Cuban's Tips For The Powerball Winner Are Incredibly Silly

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(Source)Dallas Mavericks owner Mark Cuban, who knows what it’s like to suddenly become incredibly wealthy, has some tips (some practical and some philosophical) for the winner or winners.

– Hire a tax attorney first.

– Don’t take the lump sum. You don’t want to blow it all in one spot.

– If you weren’t happy yesterday you won’t be happy tomorrow. It’s money. It’s not happiness.

– If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.

– Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs 1m dollars for anything. No one needs 100k for anything. Anyone who asks is not your friend.

– You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.




I respect Mark Cuban. You kinda have no choice but to, as he’s one of the most successful businessmen in the country. But, respectfully, he can go right to hell with these tips. Pretty much the only one of these tips I would listen to is hiring a tax attorney. After that they all go right out the window. I suppose it’s all smart and makes sense, but it’s like your mom telling you that you’ll save money by cooking your own dinners or your dad telling you that exercising will make you happier. Yes, it’s all technically correct but no thank you.


Don’t take a lump sum? Like I’m gonna trust the government with my money? The dudes who are in crazy debt? Yeah right. It’s money, not happiness? Tell that to my toothy grin as I fly on a g5 to the Caribbean. I’m horrible at saying no and have a very real need to be liked, so if I hit the lottery then everyone hits the lottery. Dave just made millions and I’d still write him a six figure check if he asked nicely. Finally, I’d invest in everything. You send me an email, you get a start-up check. I don’t care if Vin Baker wants to start a bar or if Antoine Walker wants to open a casino, ask and you shall receive. I want my hands in every cookie jar out there.


Yeah, I’ll probably go broke in less than a year but I promise you it will be the most fun anyone ever has in 365 days. I PROMISE you that.