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Old 11-27-2005, 07:54 AM   #1
bjjb
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So you think winning the lotto would solve all your problems...

Think again
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Old 11-27-2005, 07:56 AM   #2
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Man, that sucks. Was that in your local paper too.
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Old 11-27-2005, 07:58 AM   #3
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Man, that sucks. Was that in your local paper too.
Dunno dont read the paper lol First I heard about it was on USA today
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Old 11-27-2005, 07:58 AM   #4
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That sucks indeed
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Old 11-27-2005, 08:01 AM   #5
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That sucks indeed


not for their son who now will prolly be getting all the $$$$
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Old 11-27-2005, 08:04 AM   #6
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That sucks..
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Old 11-27-2005, 08:16 AM   #7
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I read once that something like 40% of lottery winners file for bankruptcy within ten years.

Guess they can't just handle the money.
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Old 11-27-2005, 08:21 AM   #8
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She lived in a geodesic home and made corrugated cardboard boxes for a living.

Who was she married to...Dr. Seuss?
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Old 11-27-2005, 09:42 AM   #9
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Originally Posted by SilentKnight
She lived in a geodesic home and made corrugated cardboard boxes for a living.

Who was she married to...Dr. Seuss?
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Old 11-27-2005, 09:43 AM   #10
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Originally Posted by Paul Markham
I read once that something like 40% of lottery winners file for bankruptcy within ten years.

Guess they can't just handle the money.
Ive never had much money and been close to declaring bankruptcy once, but man would it be fun to see how well (or badly) I could do with 60 million dollars or whatever it was they won .
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Old 11-27-2005, 09:46 AM   #11
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Woow that sucks
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Old 11-27-2005, 09:48 AM   #12
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lesson be learned: spend spend spend!!!!!! (when ya win big on the lottery) before you die.
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Old 11-27-2005, 09:49 AM   #13
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Not that they can not handle the money, that they dont think ahead. they get this really great income, they buy a big house. An expensive car, they travel, and then tax season hits. At first no problem, but they spend more and more, and tax season keeps comming.


Hmmm sounds like some others that I know.


And then one day, that source of income is gone.
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Old 11-27-2005, 09:50 AM   #14
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Originally Posted by Babagirls
lesson be learned: spend spend spend!!!!!! (when ya win big on the lottery) before you die.
LOL I would. I figure when it comes out she wil have died of a drug overdose just like the guy who died in her house that time. Junkies make me sick. lol Theres never enuff dope for em.. Even with all that money in the bank
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Old 11-27-2005, 10:06 AM   #15
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More money, more problems.
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Old 11-27-2005, 10:11 AM   #16
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Ouch.

When winning the lottery, buy the things you like, but INVEST like a madman. Keep the money coming in so that when tax season hits, you'll be able to pay it and just roll along.
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Old 11-27-2005, 10:32 AM   #17
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Originally Posted by Tala
Ouch.

When winning the lottery, buy the things you like, but INVEST like a madman. Keep the money coming in so that when tax season hits, you'll be able to pay it and just roll along.
Investing... That's a hard concept for many Americans.

Consumerism kills.
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Old 11-27-2005, 10:42 AM   #18
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Originally Posted by pornguy
Not that they can not handle the money, that they dont think ahead. they get this really great income, they buy a big house. An expensive car, they travel, and then tax season hits. At first no problem, but they spend more and more, and tax season keeps comming.
Hmmm sounds like some others that I know.
And then one day, that source of income is gone.
In other words, they don't know how to handle that much money.

Most people don't, actually. They have no clue. They long to win it, but when they do they turn into "rich idiots".

A guy here in Winnipeg won over $8 million on the 6/49 back in the late 90's. He bought all his so-called friends brand-new 4x4's, had himself a big new house built, spent money like a feind.

Last year he was found dead, death by suicide.

He died broke.


solution: have a decent accountant/investment advisor. I have one, now I just need to win that lotto. :D
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Old 11-27-2005, 11:12 AM   #19
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How to handle the money that you didn't deserve?
I feel great when I spend MY money. It can be a little sum, but it feels great to know that you deserved what you have.

Money is nothing. Success is everything.
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Old 11-27-2005, 11:19 AM   #20
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More money, more problems.
I second that
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Old 11-27-2005, 11:24 AM   #21
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People who win 10M+ from lottery and end up broke should be castrated. Fucking idiots.
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Old 11-27-2005, 11:26 AM   #22
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loosers cant handle the cash, give them to me and ill try and double them
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Old 11-27-2005, 11:27 AM   #23
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bill gates?
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Old 11-27-2005, 12:29 PM   #24
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People who win 10M+ from lottery and end up broke should be castrated. Fucking idiots.
lol, so true
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Old 11-27-2005, 12:38 PM   #25
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I hear that story all the time about people just blowing their roll and winding up worse off than before the winnings..too bad but I guess I would do the same thing
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Old 11-27-2005, 12:39 PM   #26
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what problems?
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Old 11-27-2005, 12:44 PM   #27
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I could handle it. My dreams are smallish.
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Old 11-27-2005, 01:03 PM   #28
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Sounds like they were trailer park trash before winning the lottery and since morals and honor can't be purchased - they remained trailer park trash.

And fyi - lump sum'ers only have 1 big tax season to deal with - the one following the winning. After that, their only tax responsibility is the interest from any investments/dividends the original money earned.
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Old 11-27-2005, 01:21 PM   #29
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Most people can't handle that much money all of the sudden
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Old 11-27-2005, 07:15 PM   #30
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Money is the root of all evil.
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Old 11-27-2005, 10:15 PM   #31
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How to handle the money that you didn't deserve?
I feel great when I spend MY money. It can be a little sum, but it feels great to know that you deserved what you have.

Money is nothing. Success is everything.
Very well said.
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Old 11-27-2005, 11:50 PM   #32
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money acquired at no sweat, is spent easily.
I agree, less money, less problems.

Last edited by webcrawler; 11-27-2005 at 11:51 PM..
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Old 11-28-2005, 12:46 AM   #33
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It's just sad to know that the money she thought would make her life better turned out to be the cause of her death.
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Old 11-28-2005, 10:55 AM   #34
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a sad story indeed. maybe she was really had been wanting it but sad to know that it was the cause of her death.
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Old 11-28-2005, 10:59 AM   #35
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sucks.. she could do allot of more with this money.
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Old 11-28-2005, 12:10 PM   #36
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It would solve all kinds of problems for level headed people.
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Old 11-28-2005, 12:14 PM   #37
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son did it.
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Old 11-28-2005, 06:06 PM   #38
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Enough is always not enough.
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