'Worst Financial Decision Of Her Life': Binance Founder Says Lottery Winner Threw Away Generational Wealth

Benzinga_recent_news12-12

A viral lottery story drew industry attention Thursday after a 20-year-old winner declined a $1 million payout and chose $1,000 a week for life, prompting Binance founder Changpeng Zhao to argue that ...

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attention Thursday after a 20-year-old winner declined a $1 million payout and chose $1,000 a week for life, prompting Binance founder Changpeng Zhao to argue that ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49341034/worst-financial-decision-of-her-life-binance-founder-says-lottery-winner-threw-away-generational-wealth\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4150","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49341034/worst-financial-decision-of-her-life-binance-founder-says-lottery-winner-threw-away-generational-wealth","article_id":"2590548759","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/11/GameStop--JPMorgan-Chase--AeroVironment-.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49341034/worst-financial-decision-of-her-life-binance-founder-says-lottery-winner-threw-away-generational-wealth","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2590548759","pubTimestamp":1765473180,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"A viral lottery story drew industry attention Thursday after a 20-year-old winner declined a $1 million payout and chose $1,000 a week for life, prompting Binance fou","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4150":"赌场与赌博","SEGG":"Lottery"},"translate_title":"“她一生中最糟糕的财务决定”：币安创始人称彩票中奖者扔掉了几代人的财富","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEGG":1.5},"content_text":"A viral lottery story drew industry attention Thursday after a 20-year-old winner declined a $1 million payout and chose $1,000 a week for life, prompting Binance founder Changpeng Zhao to argue that the decision traded \"generational upside\" for short-term comfort.\nThe story gained traction after a woman identified as Brenda chose a fixed lifetime payout instead of the $1 million lump-sum option. \nShe said the weekly income felt safer and offered long-term stability. \nFinancial experts noted that depending on her lifespan, the payout could exceed the upfront amount, with $1,000 a week totaling $52,000 per year and roughly $1.56 million over 30 years.\nHer choice immediately split audiences. \nSome praised the guaranteed income, while others argued she gave up the chance to invest a large lump sum at age 20.\nCZ reacted to the story by saying Brenda \"threw away generational wealth,\" arguing that a $1 million payout deployed into assets such as Bitcoin (CRYPTO: BTC) or BNB (CRYPTO: BNB) could have produced far greater long-term returns. \nHe noted that even if she lived another 100 years, the total weekly payout would reach only $5 million, whereas compounding and cryptocurrency exposure offered asymmetric upside.\nHis critique echoed comments from several investors who said Brenda focused on emotional security rather than long-term capital growth. \nFew people argued that \"$1 million today is worth far more than $1,000 a week\" because time allows compounding to outperform fixed income streams.\nInvestment commentary circulating online outlined scenarios where moderate returns dramatically outperform the weekly payout. \nAt a 7% annual return, $1 million invested at age 20 would exceed $15 million by retirement age. \nThe same period of weekly payouts may deliver closer to $2.5 million.\nSeveral analysts also pointed to cryptocurrency markets specifically, saying a diversified allocation across Bitcoin, Ethereum (CRYPTO: ETH), and high-conviction altcoins could outperform fixed payments through cyclical upside. \nThey argued that capital size, not time, drives wealth in fast-moving digital-asset cycles.\nFinancial planners also noted that a fixed $1,000 per week loses purchasing power over decades. \nWhile the amount may feel substantial today, inflation could significantly erode its real-world value, potentially reducing it to basic living expenses by midlife.\nLump-sum advocates argue that taking $1 million upfront offers the ability to invest, diversify, and generate yield, while the weekly payment locks recipients into a fixed stream that does not adjust to changing economic conditions.\nRead Next: \nImage: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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