Powerball Annuity: Why Most Winners Don’t Understand

0:00
Powerball annuity winners. Why they they

0:03
just don't get it most of them. Boy,

0:05
this is an interesting topic about

0:07
Powerball lottery winning things like

0:10
that. Yes, annuities do have a part in

0:13
that. Hi there, my name is Stan the

0:15
Annuity Man, America's annuity agent,

0:17
licensed in all 50 states in Puerto

0:19
Rico. Founder of contractual guarantees

0:22
only, which means that you own an

0:24
annuity for what it will do, not what it

0:26
might do. Never buy annuities for

0:27
growth. buy them for the contractual

0:28
guarantees. But we're, this is an

0:31
interesting topic. We're going to go

0:33
over when you win the Powerball. When

0:36
you win the lottery, you're going to

0:38
have two choices.

0:41
And unfortunately, most people don't

0:43
make the right choice after this.

0:52
All right. Conspiracy theory of the day.

0:54
And I'm not sure this is true, but if it

0:55
is, man, we got a problem. I read the

0:58
other day where um Jeffrey Epstein, I

1:02
don't know if you've heard that name,

1:03
but anyway, um his assistant won the

1:06
Powerball or some big lottery, you know,

1:09
when in New Mexico. That just that just

1:12
seems like it's rigged, right? You know,

1:14
I've never I I don't play the Powerball

1:16
because someone told me you have a

1:18
better chance of like walking down the

1:19
street and getting hit by a meteorite

1:21
than winning it. But people do win and

1:24
that's fantastic.

1:26
But when you win the lottery, Powerball,

1:28
whatever. Okay, you get two choices when

1:31
you win. So prepare. Go ahead and write

1:33
all this down because I know that's part

1:34
of your retirement plan. That is kind of

1:37
that reminds me. I read something the

1:38
other day where like a huge num a huge

1:42
number like 30 or 40% of the public part

1:45
of their retirement plan was winning the

1:46
lottery.

1:51
Okay.

1:53
You know what you call those people?

1:55
Voters. [laughter]

1:57
That's a whole another story. But when

1:59
you win the the the Powerball or the

2:01
lottery, you can either take the lump

2:04
sum or you can take an annuity

2:07
structuring of a payment. So in other

2:09
words, you can take the lump sum and,

2:11
you know, get all those dollars, throw

2:12
them in the living room, and just swim

2:14
in it, right? Until your family and

2:16
friends come over, and then there won't

2:17
be any dollars left. Or you could take a

2:20
lifetime income stream.

2:22
Last stats that I checked, most winners

2:27
took the lump sum.

2:30
What? Now, I guess there's an argument

2:33
for that. If you took the lump sum, but

2:35
with part of that, put in a lifetime

2:36
income stream with an annuity and then

2:38
manage the rest. That ain't how it works

2:41
all the time.

2:42
Typically

2:44
lottery winners,

2:46
the vast majority don't have any money

2:49
like three to five years later.

2:52
You're like, "How's that even possible?"

2:53
Stan, you know, it's possible. It's like

2:56
the athletes you see that sign the

2:57
hundred million dollar deal, NBA, NFL,

3:00
whatever, and they buy, you know, seven

3:02
BMWs for family members. They buy three

3:05
houses, they buy a Lejet, and they

3:08
forget to pay their taxes.

3:10
Next thing you know, they got no money.

3:13
Let's take a different look at this.

3:16
All of you are lottery winners living in

3:18
the United States of America

3:21
because it's the land of opportunity.

3:23
And a lot of you have accumulated a lot

3:26
of money and feel like you kind of won

3:29
life's lottery, right? I know I have.

3:32
Just a poor old boy from North Carolina

3:34
that can shoot a basketball. Put my way

3:37
through school and here I am. Amazing.

3:40
My wife, rural Nebraska, grew up in a

3:42
trailer. She used to tell a story. She

3:45
her bunk bed with her brother. She was

3:47
at the top and the rain would hit the

3:50
trailer and sound like it was like a a

3:52
bomb going off. I mean, great stories

3:54
about making it in this country.

3:58
So, you're in a similar situation to a

4:00
Powerball winner, a lottery winner.

4:02
You're getting to the to the end and you

4:04
got two choices. Do you want to manage

4:06
it

4:07
for growth or do you want to put in

4:10
guarantees or do you want to do a

4:12
combination of the two? At a minimum,

4:15
you should do a combination of the two.

4:17
You should never just go all in. Unless

4:21
you're Johnny Trader, but even Johnny

4:23
Trader gets his ass handed to him

4:25
eventually. I always tell people when

4:28
you go all in on investment investing in

4:31
the markets unless you're an institution

4:33
that can trade 247

4:36
the rest of us peeons can only get

4:38
involved from 9:30 to 4. But I tell

4:41
people all the time if you are investing

4:44
in the markets it's like surfing beside

4:46
a cruise ship. Think about it. Envision

4:48
it. You're down there. Cruise ships like

4:51
going down to the Bahamas. You're not on

4:52
the cruise ship. You're on a a surfboard

4:55
surfing beside of it like an idiot.

4:59
Now, you might catch away, but

5:00
eventually you're going to get sucked

5:02
under the boat.

5:04
Same thing with investments. Same thing

5:06
with the stock side. We're in the

5:08
biggest bull market of all time at the

5:10
time of this taping. Stan, I'm just

5:12
throwing a dart at this crap. I'm

5:13
telling you right now, I'm printing

5:14
money. I'm Gordon Gecko, son. I'm

5:17
thinking about opening my own hedge

5:18
fund. You got to learn how to spell

5:20
hedge. with a D ge not h e ge okay

5:28
but eventually markets turn I've seen

5:30
three cycles in my lifetime that markets

5:33
just took a big old dumpola and maybe

5:36
this is the time it won't this is the

5:39
time that artificial intelligence will

5:41
change it all and the data center

5:43
centers will change it all and all this

5:44
capital expenditure will change it all

5:47
maybe I vote.

5:51
But if you won life's lottery, which

5:53
most of you have,

5:56
then you better figure out that income

5:58
floor. You better figure out the

5:59
guarantees that you need to go live your

6:01
life in chapter two. You better not just

6:04
go all in.

6:06
That only works in the movies where, you

6:08
know, he wins wins wins and all of a

6:10
sudden go, you know what? I'm gonna go

6:11
all in on red. And red comes up. It

6:14
ain't going to do that for you, player.

6:16
You know that and I know that. So,

6:19
Powerball winners, it is, you know,

6:20
they've done studies on it. It's really

6:22
tragic because obviously all the family

6:25
members like your uncle and your aunt

6:26
that served you one sandwich in your

6:28
life show up at your house and go,

6:29
"Remember that time we took care of you,

6:31
son? We need, you know, we need some

6:32
money right there." So, same thing that

6:34
happens to these kids that go to the

6:35
pros. Every person they've ever met,

6:37
ever has their hand out. What you need

6:40
to do is make sure that you have

6:42
contractual guarantees in place.

6:44
Whatever lottery you've won, if you won

6:45
life's lottery of being a 20 and 30 year

6:48
night overnight sensation like me, think

6:51
about what I just said. 30 year night

6:53
over 30year overnight sensation

6:57
took you a while. You grinded, you did

6:59
without. You did it the right way. You

7:01
still won the lottery. Or you're Johnny

7:04
71. No offense to 7-Eleven. You go and

7:06
you buy the slurpie. You buy the ticket

7:07
and you won $10 million. Either way, you

7:11
better have contractual guarantees in

7:12
place. Either

7:15
way, lottery winners. Yeah, we're

7:18
lottery lottery winners. A lot of us,

7:21
hopefully you you might say, "Well, I

7:23
don't have that much money."

7:25
I want you to do me a favor and Google

7:28
the amount of money you have invested

7:30
investable total. And then after that,

7:33
put what's the percentage of Americans

7:35
with that amount of money investable?

7:37
It'll blow your mind.

7:40
It's like the stats you see sometime of,

7:42
you know, the top 10% pay 60% or 70% of

7:46
all the taxes. You go, really?

7:49
So, if you won life's lottery, you need

7:50
to put in the guarantees. That's tough,

7:53
though. I was talking to a guy the other

7:54
day. He goes, "Man, it's hard for me to

7:56
lock in to a guaranteed lifetime income

7:57
stream. Not because I don't want the

8:00
guaranteed lifetime income stream, but I

8:03
might miss out on something. Fear of

8:04
missing out." Yeah, I agree. That's the

8:08
reason it can be a combination. Put in

8:11
the income floor and invest the rest or

8:14
put in the income floor and protect the

8:16
rest.

8:18
Either or put in the income floor. It's

8:21
like follow the yellow brick road.

8:23
Follow the yellow brick road. Put in the

8:26
income floor. Follow the yellow brick

8:28
road. That's pretty good. I like that.

8:32
The guys in the background are like

8:33
skipping around like um what were those

8:36
things called in the Wizard of Oz?

8:39
I was going to say vertically challenged

8:40
people. Those little people. Follow the

8:43
elebrick road. Put in the income floor.

8:46
Follow the elebrick road. Put in the

8:48
income floor. And then the guy goes,

8:49
"Follow the yellow road. Put in the

8:52
income floor." Whether you're a

8:54
Powerball winner, lottery winner, or

8:56
your life's lottery winner, follow the

8:59
yellow brick road and put in an income

9:01
floor at a minimum.

9:04
All right, go to my site,

9:05
theanuityman.com.

9:07
Best site on the planet. Just changed

9:08
it. Just just flip the switch on

9:11
everybody just when everybody thought

9:14
that they were, hey, we can we might we

9:17
look what St's doing. Let's do exactly

9:18
what Stan's doing. Let's copy his

9:20
website. Let's do exactly what he's

9:21
doing.

9:24
[laughter]

9:26
I'm giving it all away. I'm giving the

9:28
quotes away. You don't have to put in

9:30
your information and you still get the

9:31
quotes.

9:34
Compete much. Mhm. We're throwing it

9:37
down, man. We want you to feel

9:40
comfortable enough to run the quotes. If

9:42
you were hesitant to run the quote

9:44
because I didn't want them to have my

9:45
email address. I didn't want them to

9:47
have my name. I didn't want to put in

9:48
some fictitious name. Then don't

9:52
at my site. By the way, we're open 12

9:55
hours a day, Monday through Friday,

9:56
eight hours on Friday. That's 68 hours a

9:59
week. We have the biggest staff, all

10:01
licensed, but not on commission in the

10:04
country. All under one roof. Email me

10:07
stantheanuityman.com.

10:08
Schedule a call. Get involved. Give us a

10:11
shot. We are the best. We're number one

10:13
for a reason. Do me one last favor. I

10:15
did a video on, hey all you annuity

10:18
haters, you already own an annuity,

10:19
you'll get a kick out of that. You know,

10:23
I'm very serious about what I do, but I

10:25
don't take myself too seriously. I'm

10:27
here to edutain and educate so you can

10:30
make a good decision on your terms and

10:32
on your time frame. My name is Stan the

10:34
Annuity Man.

10:37
See you next time.