How To Upload Video From Win 10 Recorder
Everybody needs coin to survive. It's a fact nosotros may not like, simply it'southward still a fact. Some other inescapable truth is that about of u.s.a. could use more coin for the things we need as well equally the things we just want. That probably makes the promise of winning the lottery sound similar a dream come up truthful, only the reality is much more complicated than that.
Consider this cautionary tale of a woman in desperate need who won an unbelievable corporeality of money. The choices and mistakes she made after winning ultimately resulted in losing information technology all. Her story reminds u.s. all to never forget that money doesn't buy happiness.
Meet Marie Holmes
When she was 26, Marie Holmes was living a hard life in North Carolina. She was a hard-working, single mother of iv with two low-paying jobs. On top of this, one of her children had only been diagnosed with cerebral palsy.
Because of her child's special needs, Marie was forced to quit both of her jobs to care for him full time. Evidently, the $188 meg lottery windfall seemed similar a Godsend when Marie won, but unfortunately, she fabricated a serial of poor decisions that resulted in her losing it all.
Marie's Original Plans
Marie made some promising comments nigh what she planned to exercise with the lottery money — $127 million afterwards she chose to get it in a lump sum. "Offset I'1000 going to pay my tithes, because I wouldn't have none of it if information technology weren't for God."
"Subsequently that, I'k going to set up accounts for my kids…I'm going to buy a house for me and my kids, then make sure my family is all good." Marie also told WGN-Idiot box, "I don't have to worry about the give-and-take 'struggle' no more and neither do [my children]."
The Waiting Game
Although most lottery winnings are not life irresolute, lottery jackpots are huge, and there are rules for claiming those winnings. If a person wins less than $599, the establishment that sold them the ticket pays them their winnings. Withal, there is a lengthy procedure involved in claiming large lottery winnings.
The ticket has to be verified by a scanning machine. Next, there is a waiting period for the money to exist awarded, and the winner must fill out some identification paperwork. Last, the winner must decide if they desire all the money in a lump sum or have it dispersed in installments for 30 years (on boilerplate).
Choices, Choices
Ane of the more difficult choices when a person wins millions of dollars in a lottery is whether to get the coin in a lump sum or in installments. The dilemma occurs because there is a large penalty for getting all the money faster in a lump sum.
Marie had the option of collecting the entire $188 million over thirty years or forfeiting $61 million and collecting the remaining $127 meg much sooner. Financial experts unremarkably recommend taking the lump sum and investing the money. That allows you the opportunity to make money on your winnings instead of the country. Marie chose the lump sum.
Uncle Sam's Cut
Many people don't know how much taxes people have to pay out of lottery winnings in the U.Southward., so nosotros'll suspension information technology down for yous. Although the entire tax corporeality wasn't reported in Marie Holmes' case, she definitely paid millions to the government.
In the U.Due south., lottery winnings are considered income by the IRS, on both the land and federal levels. Therefore, N Carolina would have taken 5.8% of Marie's $127 meg, and the Federal Government would have taken anywhere from 25% to 39.6%, depending on tax bracket and other factors. Nearly people pay the highest charge per unit.
Setting an Example
When Marie won the lottery, she had plans that all sounded very honorable. She said she would donate start to her church and then move out of her mobile domicile and buy a new house for her children. She also planned to set up college funds for them.
Marie told NBC, "All the struggle that I ever went through, information technology was all for [my children]. I want them to empathise that coin doesn't modify you lot, simply it can help you." The public cruel in beloved with Marie after hearing about her history of poverty and hard knocks before she became wealthy.
Could She Handle It?
The reputation that Marie had in her hometown and elsewhere was that of a hard-working, unmarried mother who, according to her family and friends, "understood the value of a dollar." At i point, she had two jobs — Walmart and McDonald's — to back up her 4 children. Therefore, nobody expected her to brand poor decisions about where the money would become.
Of course, no one took into business relationship that Marie was inexperienced and uninformed near how to handle large amounts of money. When she started deciding how to spend the lottery coin, the public viewed her as immature and irresponsible.
Fiscal Advisor, Delight?
When people who aren't wealthy win a lot of money, information technology'south highly recommended that they seek professional assist about how to manage the coin, including what NOT to do with it. The average American has absolutely no feel handling large amounts of money.
Financial advisors warn that even titanic amounts of money tin disappear quickly if it isn't invested wisely. In the case of Marie Holmes, it seemed like her heart was in the right place and she was doing what she thought was right, but some adept advice definitely would have helped her out.
The Bad Judgment Begins
The first matter dubbed a poor judgment phone call by the public was the $15,000 Rolex that Marie bought her swain, Lamar "Hot Sauce" McDow. The watch was more than jewelry than a timepiece and was reportedly "dripping with diamonds."
That same young man ultimately price Marie much more than. The Port City Daily reported Lamar was a gang fellow member and a drug dealer after he was arrested and charged with "conspiracy to traffic in opium or heroin" in April 2016. He continued to go arrested throughout their human relationship, and Marie spent millions on his bail and defense.
The Saga Continues
Earlier being sent to jail on drug charges in 2014, Lamar McDow lived with Marie Holmes and her children in her trailer. When he was released from jail subsequently serving his sentence, he lived in the $350,000 home that she had purchased after winning the lottery.
Co-ordinate to the Daily Post, of the original amount of $188 meg, Marie was left with about $88 million afterward deciding to have her winnings in a lump sum and paying taxes. This is still a very large amount of coin, but a loss of $100 million is obviously very pregnant.
Leeches Coming Out of the Woodwork
Predictably, lots of people immediately started asking Marie and her boyfriend for money later they heard she won the lottery. The people included friends, family members and numerous others, all requesting various amounts of money for all kinds of reasons. Unfortunately, this experience is mutual for lottery winners.
Marie and Lamar were constantly harassed for money handouts, and it became very stressful for them. Marie was quoted as saying, "When money comes, there are more than issues," co-ordinate to reports.
Racial Intolerance in Their New Dwelling house
Some other problem that plagued Marie and her family unit in their new life in their new home was harassment from neighbors due to racial prejudice. The neighborhood that Marie moved into with her family was an intolerant, primarily white community, and much to the family's chagrin, the residents were not interested in changing.
According to Lamar, "One neighbour fix up a camera to record everything we were doing. If I was driving down the road and going at the speed limit, they would wave at me for going too fast. They did not want us there. They were prejudiced." Lamar reported these agonizing events to the Daily Mail.
The Church Donation
Marie stayed true to her word, which was reported in a press release as "The offset affair she promised was to tithe — requite a tenth of her winnings to charity." Marie donated a total of $700,000 to her hometown church building, Pleasant Hill Missionary Baptist Church, located in Shallotte, NC.
The church reportedly used the money for much-needed renovations. Marie told the press the church was an important part of her life and her faith and that she had been attending that particular church since she was a child.
Pastor Disaster
Unfortunately, a dissimilar pastor fabricated contact with Marie and her family with an evil ulterior motive. Pastor Kevin Matthews claimed that "God led him to them," and although they certainly regretted it after, Marie and her family unit believed him and allowed him into their lives and their domicile.
Soon after meeting Marie, Pastor Matthews asked her for $i.5 million so he could build a retreat. According to him, Marie verbally agreed to fund the project, although there is no evidence to support that. He then went ahead and began construction on the retreat using his own money. Marie did not contribute.
Wicked Intentions
Citing a exact agreement in which Marie allegedly promised to donate $1.five million for his retreat, Pastor Kevin Matthews appear publicly that he was suing Marie Holmes for $10 million. The amount of money named in the conform was baffling, considering the amount he was allegedly promised was much less.
The public believed Pastor Matthews was beingness ungrateful and greedy. His behavior seemed unbecoming of a Christian leader to most people of faith. The justification for his lawsuit was that he had a verbal agreement with Marie for a coin donation and bounty for "emotional distress."
Public Outrage
As soon every bit the media caught wind of the lawsuit, they uncovered that Matthews did non appear to be affiliated with any church. This led to a severe, angry public backfire. People shamed Matthews for being a fraud and trying to scam a nice lady out of her rightful winnings.
One YouTuber, "Donald the Repentless," was and so mad about this that he put out videos entitled, "F*** Yous Pastor Kevin Matthews." Public stance was clear that this so-called "pastor" was zip merely a money-grubbing scam artist preying on a prissy lady to become his hands on a lot of undeserved money.
To Meridian It Off: Infidelity
In more than bad news for Marie and her children, the media reported that her ex-convict beau was being unfaithful. Unfortunately, it was also reported that she herself paid Lamar's mistresses hush money to go away instead of getting rid of him.
In more than reputation damaging news, a video surfaced on Facebook of a woman who claimed that in addition to Lamar cheating on Marie, he was too stealing money from her to pay prostitutes for "sexual favors." Unfortunately, the video went viral, as juicy gossip frequently does.
Powering Through
Instead of withering under the scrutiny of the media and the public, Marie decided to accept desperate measures to improve her circumstances. She gathered her force and took matters into her ain easily past turning to a well-known life coach to go some advice near how to amend her life.
Marie contacted Iyanla Vanzant, who has her own show advising people almost their relationships on the Oprah Network. Vanzant is a renowned author and motivational speaker with a huge following due to her reputation for irresolute people'due south lives for the better.
The Truth Revealed
In another surprising twist, when Marie went on the Iyanla: Fix My Life talk prove, her mother, Fontella, came out and revealed that the numbers she chose for the winning lottery ticket were actually hers and that they had a very special meaning.
"I kept dreaming about your brother that we lost. His altogether, he was the third child, he'd accept been 25 that year. Those were the numbers." When Marie asked her mother why she didn't claim the money for herself, Fontella replied, "I merely wanted y'all to better yourself for the babies."
The Scoop on Lamar McDow
Lamar "Hot Sauce" McDow was fortunate enough to stay in Marie's adept graces long enough to fight jail three times, to the tune of millions in bond and legal fees. The first time Marie bailed him out, it cost her $3 million in bond money.
Before a yr had passed, Lamar was arrested again, and Marie bailed him out again for $vi million. The third time Marie bailed out Lamar, information technology was $12 million. You would call back she would have been repulsed by his criminal behavior, but she but kept spending the money, resulting in widespread criticism.
Misery Loves Company
Marie was warned by many people that if she continued her relationship with Lamar, she could finish upward with criminal charges herself. Unfortunately, that'due south exactly what happened. One dark, Lamar violated his parole curfew. When the police came, they discovered marijuana in the house.
Tragically, Marie was arrested for possession in forepart of her children. Marijuana remains illegal in North Carolina, but there is a meaning racial bias nigh who is criminalized for information technology, co-ordinate to the ACLU. The aforementioned number of white people equally black people use marijuana, just blacks are 3.73 times more likely to be arrested.
The Boyfriend Defence force
Lamar eventually got angry at the people criticizing Marie for spending her money bailing him out of jail, and he lashed out. To the Daily Postal service, he asserted, "We are a couple, and I am the father of her youngest kid. This is what people practise for each other."
Lamar went on to say, "She has the money, and she tin can do what she wants with it. If I had that money, then I would exercise the same for her. People are but jealous because of how much she won, and people want to encounter me locked in jail."
The Wolf Pit
During the taping of the Iyanla show, the bad headlines merely kept rolling in. Marie's family and even sometime friends started accusing her of actually stealing the lottery ticket from her female parent, despite Fontella freely admitting on tv set that she had given the ticket to Marie.
To add to the stress and drama, Lamar went to jail at this time on a seven-twelvemonth sentence for charges related to possessing and selling heroin. True to form, Marie persisted in pushing forward and moving on with her life, demonstrating her strength and resilience.
A Goal Met
Despite poor taste in partners, Marie did make some good decisions most what to practice with some of her money. She ended up giving $9.7 million to various charities. Part of that money went to the brand-new Marie Holmes Foundation, which was established to provide for children in need.
Marie's foundation provides necessities for underprivileged children. Information technology also holds community events, which are how some children get their school supplies and their Christmas presents. The foundation helps struggling young mothers like Marie was before she won the lottery.
Practice Christians Gamble?
Marie was raised a devout Catholic, and she leans heavily on her Christian faith. Some people criticized her for playing the lottery at all, because it tends to be frowned upon past the church. People take mixed opinions when it comes to Christians gambling.
Ane pastor said this to the Christian Mail service: "You lot tin can't be against the lottery, just your youth department is doing a RAFFLE! Same affair, pastor. SAME Thing!" The stigma remains about gambling being an irresponsible coin-waster. Others debate that there is cipher specific said about gambling in the Bible, so it'south okay when it's not abused.
The Root of All Evil
Other religious people, such as one pastor cited in the Christian Post, pointed out that the Bible says that coin is where evil originated. He scolded Marie for buying the lottery ticket and went on to say, "First, we must baby-sit against our love of money."
It should be noted that when the Bible does mention "casting lots," information technology'southward not unremarkably talking about textile gain, but about God. In an case of this, Proverbs 16:33 states, "The lot is cast into the lap, just its every decision is from the Lord."
Some Friendly Advice
We recommend that others read the unfortunate story of Marie Holmes in case they find themselves in her shoes. It's non at all easy to become from rags to riches, and like versions of her story have happened to others.
It'due south of import to understand tax laws for the long term, the rules of the lottery and investment options if you ever detect yourself in the position of receiving a large windfall of money. Be sure to hire a good professional fiscal skillful to help y'all determine how to manage your coin to avoid reckless decisions.
A Cautionary Tale
If you e'er happen to find yourself in the unlikely position of winning the lottery some things to picket out for include government laws, lottery rules, country and federal taxes and your previous unpaid debts. These things tin help you calculate your expendable income.
Information technology may be unwise in the initial excitement to promise lots of charitable giving, like Marie did, without first doing the math to run into what your have-home amount actually is. Multiple millions of dollars may seem like an enormous amount, but as Marie discovered, it's easy to burn through it rapidly if you are uninformed.
Further Drama
Some think that Marie had a run of terrible luck after she won the lottery, while others think she brought her woes upon herself with poor decision-making. A few think the truth lies somewhere in the center of those 2 black-and-white judgments.
Aside from spending millions on her boyfriend — who eventually concluded up in federal prison anyhow — Marie likewise fabricated another questionable decisions after winning the lotto, such equally buying her boyfriend a business of his ain and ownership her mother a house. She too had harassment charges filed against her for allegedly calling a adult female repeatedly to threaten her.
The Bottom Line
The catastrophe of this story is generally grim, although Marie Holmes did do some positive things with a lasting impact before the last of her money was gone. She didn't seem to realize that she would exist under a microscope with the media and the public.
Here are a couple more tips, just in case you ever hit it big: Don't trust anyone asking for money, fifty-fifty if they seem to have a very respectable social status (like the pastor who sued Marie Holmes). Remember the skillful that coin can do, but don't forget the bad. No affair what, don't make assuming promises immediately after winning.
How To Upload Video From Win 10 Recorder,
Source: https://www.reference.com/business-finance/what-not-to-do-if-you-win-lottery?utm_content=params%3Ao%3D740005%26ad%3DdirN%26qo%3DserpIndex
Posted by: robinsonwituably.blogspot.com
0 Response to "How To Upload Video From Win 10 Recorder"
Post a Comment