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Old Today, 10:48 AM
 
Location: Central Illinois -
20,250 posts, read 13,697,477 times
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I wonder what happens to someone in this age range when you've lived a frugal life and, in your 50's, you are suddenly worth over a hundred million dollars.


https://www.youtube.com/watch?v=_1xmidLSkys
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Old Today, 11:01 AM
 
Location: BFE
850 posts, read 217,017 times
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A lot of lottery winners have a pretty bad time. I'm pretty sure I'd be okay. Somebody give me money and we'll find out.
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Old Today, 11:02 AM
 
6,075 posts, read 3,772,623 times
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Quote:
Originally Posted by odanny View Post
I wonder what happens to someone in this age range when you've lived a frugal life and, in your 50's, you are suddenly worth over a hundred million dollars.


https://www.youtube.com/watch?v=_1xmidLSkys

I feel sorry for him. I hope he has help to cope with this unexpected event. He'll have to change his phone number, move, get security because the beggars come out of the woodwork.

Winning a big prize is like having a target drawn on your back.
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Old Today, 11:08 AM
 
9,831 posts, read 2,637,665 times
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Quote:
Originally Posted by fluffythewondercat View Post
I feel sorry for him. I hope he has help to cope with this unexpected event. He'll have to change his phone number, move, get security because the beggars come out of the woodwork.

Winning a big prize is like having a target drawn on your back.

All states should allow people to claim the prize without making their names public.
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Old Today, 11:29 AM
 
6,075 posts, read 3,772,623 times
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Quote:
Originally Posted by RMESMH View Post
All states should allow people to claim the prize without making their names public.

They should but it seems there was a woman back east who had to fight to maintain her anonymity.


https://www.forbes.com/sites/michell.../#14d2acd7e084
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Old Today, 11:37 AM
 
Location: State of Transition
74,849 posts, read 66,528,980 times
Reputation: 71562
Quote:
Originally Posted by fluffythewondercat View Post
I feel sorry for him. I hope he has help to cope with this unexpected event. He'll have to change his phone number, move, get security because the beggars come out of the woodwork.

Winning a big prize is like having a target drawn on your back.
Yup. He'll have to fight off his relatives. I'd create a charitable foundation, if it were me. That would reduce the taxes on the part I chose to keep for myself, plus it would also allow whatever sector of the public I chose to focus on, to benefit. Imagine the good you could do with an amount like that! Even half the amount, after taxes! That would be a dream!
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Old Today, 11:44 AM
 
Location: State of Transition
74,849 posts, read 66,528,980 times
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Quote:
Originally Posted by fluffythewondercat View Post
They should but it seems there was a woman back east who had to fight to maintain her anonymity.


https://www.forbes.com/sites/michell.../#14d2acd7e084
This article says, that one winner in W VA kept piles of his lottery winnings in his car, and when his car was robbed, he didn't seek a different place to stash his piles; he still carried around hundreds of thousands of dollars in his car, which was robbed a second time! I don't know why people are so foolish.
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Old Today, 11:47 AM
 
9,831 posts, read 2,637,665 times
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Quote:
Originally Posted by fluffythewondercat View Post
They should but it seems there was a woman back east who had to fight to maintain her anonymity.


https://www.forbes.com/sites/michell.../#14d2acd7e084

I was actually thinking about that lady when I wrote the post, but I remember one of her issues was that she signed the back of the ticket before deciding on the anonymity factor.
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Old Today, 12:02 PM
 
6,075 posts, read 3,772,623 times
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Quote:
Originally Posted by Ruth4Truth View Post
This article says, that one winner in W VA kept piles of his lottery winnings in his car, and when his car was robbed, he didn't seek a different place to stash his piles; he still carried around hundreds of thousands of dollars in his car, which was robbed a second time! I don't know why people are so foolish.
I read about him. Winning the lottery made him distrustful of others. He was a lovely man with a nice family before he won the lottery. Winning ruined his life.
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Old Today, 12:12 PM
 
8,515 posts, read 4,248,348 times
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Quote:
Originally Posted by RMESMH View Post
All states should allow people to claim the prize without making their names public.
There's good reason for not allowing anonymity ... transparency. People would be questioning the legitimacy of the lottery if they never actually saw winners.
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