I know a couple that were living in a run down mobile home, they won 5 million cash from the lottery after taxes.
They built a million dollar house in an area where the average house was 50,000. Built a $500,000 horse barn, then started buying horses "as an investment"
They didn't know anything about horses except that the wife thought they were pretty. They also gave her parents $500,000.
Within 2 years, they were dead broke, they mortgaged the house to try and keep things going and get a break in the horse biz. They were mad at her parents, because the parents would not give back the $500,000 they had been given, They were miserable.
The house and horse barn were foreclosed on, and they moved back to the mobile home. She works as a waitress at a truck stop, and he drives a truck, and they say they are happy once again.
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