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Possibly. I do find it hard to believe he was an average Joe one day...won millions...then decided to invest in an illegal activity...
Nope; this dude was "spun out with his tounge out" for a while before he won $$$$$$$'s, I'm sure.
I knew a girl who was a major crackhead/IV heroin user. When her dad died he left her a HUGE inheritence.
She took it to her 2 uncles & the 3 of them came up with a way for her bills to be paid without giving her disposable cash in hand. An attorney was involved and a stipulation was written that in the event she successfully completed rehab & maintained clean UA's for a certain period of time, her access to the $$$ could be re-evaluated.
This was HER idea; she didn't HAVE to do this...she told me "I KNOW myself...if I take this money... I'm going to die".
Well at least he was able to fulfill a dream...ugh.
To play Devil's Advocate...from the article...
"Music decided to test his luck by sinking millions of dollars of lottery winnings into the purchase and sale of crystal meth," said U.S. Attorney Ed Tarver. "As a result of his unsound investment strategy, [he] now faces decades in a federal prison."
It's unsound from a legal perspective, but the ROI has to be great...
Well at least he was able to fulfill a dream...ugh.
To play Devil's Advocate...from the article...
"Music decided to test his luck by sinking millions of dollars of lottery winnings into the purchase and sale of crystal meth," said U.S. Attorney Ed Tarver. "As a result of his unsound investment strategy, [he] now faces decades in a federal prison."
It's unsound from a legal perspective, but the ROI has to be great...
Good comment. Did you ever read the book Freakonomics? It has a whole chapter on why drug dealers end up living with their mothers.
Ok, he won 3mm but if he took the cash payout he would get about 2/3 of that prize. So he gets 2mm, pays 39.6% income tax, plus GA state income tax and is left with 1.2 million.
I think he was just trying to get his 1.8mm back that he lost "to the man"
Meh...now he can hire a better attorney. Despite having millions, he is only human, and humans always want more. There is no such thing as "enough" when it comes to money. So he made a bad investment, its not that big a deal.
"Better call Saul!"
I don't agree with the rest of your comments at all. Some people are just plain greedy, and never satisfied with what they have. I'm a bit older than this guy, and if I won $3M in the lottery, I would be perfectly happy with that! No more working for me... I'd just relax, do some traveling, and enjoy my life.
This wasn't just a "bad investment" like you said. It's not like he chose to invest in a stock or mutual fund that went into the tank and caused him to lose money. He is potentially losing his ability to have a normal life and his freedom for many years to come.
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