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Too bad, but not uncommon. A friend was telling me about a book or article that was done about lottery winners. Many of them wind up in bad shape. In the first place they have to cut themselves off from existing friends and family or face an unending stream of supplicants asking for loans, investment in business startup ideas, help due to health problems, etc.
Cut yourself off from friends & family, and it all goes downhill from there.
I cringe every time I see an ad from the WA lottery. The mob used to run the lottery, and it was call 'the numbers racket.' Now it's run by the state, and I don't see a difference. Except that when the mob ran it, you could choose to have nothing to do with it. Now as a citizen, you are part of the dirty deal, like it or not.
This is a colossal FAIL. First thing you do if you hit the lottery for $1M is you move away from Detroit's crappy inner ring/downriver suburbs.
not quite
since the '1 million win' is actually 500k cash value (1 mill if you take the 20 year payments), then take the nearly 50% the government gets (36% federal and 10% to the state)....and her take home is less than 300k....
enough to buy drugs..but propably not enough to get out of the crap hole of michigan
since the '1 million win' is actually 500k cash value (1 mill if you take the 20 year payments), then take the nearly 50% the government gets (36% federal and 10% to the state)....and her take home is less than 300k....
enough to buy drugs..but propably not enough to get out of the crap hole of michigan
Michigan is not a crap hole. There is more to the state than just inner city Detroit.
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