11 crazy ways to spend your gambling winnings

how to spend money

How would your life change if you were able to win the jackpot? What would you do if you won? How would your life be any different if you were able to be financially free? What would you buy? What would you spend your newfound money on? We have compiled a list of 11 ways a person can spend his or her gambling winnings.

Some can be very beneficial for the person and others will make you ponder the logic of individual. We have listed some ways in which earning that jackpot money can be spent on helping others or directly helping yourself.

You can do whatever you want with the money. But, we are here to give you some examples of some unconventional ways to spend your newfound wealth.

Here are 11 crazy ways to spend your gambling winnings. Enjoy.

1 –  Invest in the weed business

weed investmentRisk:
Return on investment:
Where to start: https://greenzipp.com/

OK, we don’t mean the illegal weed, but the medicinal weed. Cannabis is becoming a prevalent and profitable industry, and with many states now legalizing medicinal weed, it would be a great investment on your part to be able to open a medical marijuana store. The amount of money that you could earn would add to your already overwhelming earnings and could have you set for the rest of your life. This is one of the most intelligent ways to spend your betting earnings: investing.

2 –  Gamble it

Return on investment:
Where to start: https://www.usaonlinecasino.com/

This is by far one of the craziest ways to spend your money. You have all the potential in the world to gain more, assuming you spend small amounts in different areas. But, let’s say you are a wild horse. Spending your money in copious amounts will leave you penniless.

This is only for those who are crazy. It’s not a suggestion we recommend.

3 – Homemade Man Cave

man caveRisk:
Return on investment:
Where to start: https://www.wikihow.com/Make-a-Man-Cave

In our opinion, if you are a man, there is no better way to spend your newfound wealth than by creating a man cave. Who doesn’t like Batman, and how cool would it be to be able to have a place like Batman hidden somewhere in your home? If you have won millions of dollars, it’s not that different from receiving an inheritance.

Building a man cave costs a lot of money. But, with what you just won, you are more than able to hire a team and the tools you will require to create your man cave.

4 – Throw a crazy party

casino partyRisk:
Return on investment:
Where to start: https://www.gq.com/gallery/how-to-throw-a-party

What better way to show your money and power than to throw a killer party. Throwing a party and being able to purchase the most expensive drinks available will show your financial status. Is it a wise decision? Absolutely not! However, it is a way to flaunt your wealth and affluence. After all, winning is not just about bragging rights, if you’ve come into some serious coin, there are some outrageous ways you can show of your gambling winnings with your buying power.

From purchasing some extravagant items to partying like a rock star at the trendiest and most popular clubs in town. If you’re looking to spend your money without worrying about the consequences, why not share the wealth with your friends or get the highly desired VIP treatment? The sky’s the limit, so let’s take a look at how to blow through the big bucks with 11 crazy ways to spend your gambling dollars!

5 – Donate It

charity gamblingRisk:
Return on investment:
Where to start: https://www.gofundme.com/

This may not be crazy, at least to those who know how to rationalize and empathize. But, donating is a great way to use your newfound wealth. Some charities and causes could use the financial help, and, with the earnings you have gained, you will be able to help many worthwhile causes.

What is a cause that you think is worth you financing and supporting? Once you have found a cause you are passionate about, donate the money and potentially save lives, or change lives. You now have the power, so why not use it nobly? This of course, will reflect on you less negatively than some of the other options on our lists, so why not boost your eager and don’t keep any of your winnings?

6 – Lavish yourself in new clothes

new clothesRisk:
Return on investment:
Where to start: www.supremenewyork.com/

This is probably a no-brainer, but it’s a great way to spend your money. You would be getting all the coolest and trendiest clothes and fashions in the market.

A great way to make yourself happy for many people is through materialistic items. So, now that you have the money, why not buy that $300 pair of shoes?

Or, why not buy yourself a completely new wardrobe. Fill your closet with the latest clothes, sneakers, and hats. For instance, Kanye West launched a clothing line that let’s fans fork over in excess of one hundred dollars on a plain white t-shirt. Or the brand Supreme has people paying as much as $1,000 for a red brick (!). Stupid? We agree. But hey, you’re rich, so who cares, right?

And, to better accentuate your new designer duds, why not get the most updated tech. The iPhone X is out, and that would go great with your new attire.

7 – Create your own entertainment

Return on investment:
Where to start: themoviefund.com

Whatever it is that you have a fondness for, why not hire people to give you the means and expertise in acquiring it? What if you like cartoons or music or movies? Now that you have the money, you can hire actors, artist, and musicians to help you get that item you’ve always wanted.

Why not write a book, create a music video or write a comic book? These forms of media are not cheap. But, now that you can afford them, you have the chance to realize your dream and the vision can be even more attainable.

Entertainment isn’t cheap, but with the money you have, you will be more than able to handle this task. A dream is never crazy to chase after. You could even hire celebrities to come over and crash your dream party so you can be the envy of all of your friends on social media. Anything goes.

8 – Help the less fortunate

donate moneyRisk:
Return on investment:
Where to start: http://www.redcross.org/

“With great power comes great responsibility.”

Why not help families who are suffering? This may seem crazy, but the ability to change lives is profound. You will find that in supporting other families and helping those who can’t help themselves, you will receive a level of great satisfaction.

There is an unfounded level of happiness that can be offered when you help those who can’t help themselves. Being a provider may look like you are wasting your money, but helping others is always rewarding and will make you much wealthier in life and character. Many wealthy patrons the likes of Warrant Buffet or Bill Gates have provided a means to help those in need within their communities, so why not follow their lead and do the same?

9 – Take out a loan or invest!

bitcoin casinoRisk:
Return on investment:
Where to start: https://www.coinbase.com

This is another crazy idea. But, again, it is another great way of thinking if you are in your right mind. Taking out a loan and paying it back with your winnings will help you improve your credit rating. Sometimes, the craziest plans are the most brilliant, so why not do the most you can and take out a loan to start a business, for instance? There is a fine line between insanity and brilliance. Or the newest trends, such as cryptocurrencies, are seeing large numbers of new investors looking to expand their bucks. A single Bitcoin is currently valued at over $10,000 and its advocates are saying that its value is only growing, why not jump in on the trend?

10 – Build a water park

Return on investment:
Where to start: http://trendwaterpark.com/

How about building a water park or a playground for the community or your family? You could build one for yourself. Parks are fun, and water parks are incredibly entertaining. With the amount of money you now have, it is more than feasible to create a theme park. As owner, you could design it any way you choose, and the best part is that you would be the VIP. No need to wait in long lines to ride your favorite rides if you own the place. It’s a great way to make new friends!

11 – Upgrade up your home

upgrade houseRisk:
Return on investment:
Where to start: https://www.coinbase.com

Fixing up your home, such as adding a man cave, is a great way to spend your money, and, even better, you can fix your home in a way that connects with you and your feelings. Why not create your house to look like the Avenger’s Tower or a Disney-themed image?

Heck, you can even create a Pee-Wee’s Playhouse if you are going for an insane idea. With the amount of money you have earned, you can do what you want. We aren’t here to judge, just to throw out ideas. But, imagine having a house that is tailored-made just for you. That is a job and task that your earnings could help with in the end.

The limit is in your imagination, and not your bank account now that you’ve hit it big.

Hitting the jackpot is a dream for many people. And, with the money that could be won, entire lives could be changed. The power that comes with earning that amount of money is, without a doubt, a life-changing event that could conceivably improve not only the lives of those around you but your life as well.

Whether you decide to play Robin Hood or Scrooge McDuck is up to you, all it takes is a little bit of preparation and planning, and you could be living the life of your dreams that few have the opportunity to experience and only dream about.

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A Massachusetts native, blogger Angeline Everett grew up in the Allston neighborhood of Boston and earned a degree in casino management from the University of Massachusetts-Amherst. After graduating, Angeline moved to Atlantic City where she joined the young team at the Borgata Casino as a compliance representative, while blogging on the side. After a few years in the back office, Angeline moved to the floor to work first at a casual poker dealer and later casual poker floor supervisor. Fascinated with games of chance since she was a child, Angeline currently divides her time between blogging and work on her first book.