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-   -   These Lotto Winners Will Be Absolutely Broke Within 3 Years (https://gfy.com/showthread.php?t=601095)

Pornwolf 04-22-2006 05:04 PM
Hell, if they do the right thing with just $200k of that money they won't have to worry too much.

It's nice that they are taking care of the immediate family and friends though. As long as they stick to that limit they should be fine.

CDSmith 04-22-2006 05:05 PM
Quote:
Originally Posted by Peaches
I did until I find out I'd have to be hanging around with someone who had "QUERTY" on their forehead!! :Oh crap
I'm getting botox treatments for it.

And a pillow for my keyboard.

BV 04-22-2006 05:19 PM
good for them, it's their money, let'm spend it however they want

teg0 04-22-2006 05:24 PM
MC Hammer is laughing at them.:1orglaugh

Spunky 04-22-2006 05:35 PM
I'd probably do the same..when you didn't have it in the first place it's easy to blow it

Stallion 04-22-2006 06:19 PM
looks like they are having fun..

Vitasoy 04-23-2006 05:33 PM
Atleast they're using the money to help their friends and family and hooking them up with gifts :)

Fabien 04-23-2006 07:03 PM
Quote:
Originally Posted by CDSmith
A guy in Winnipeg won just over 8 million on the 6/49 in the late 90's. After going on that same kind of spending spree giving all his so-called 'friends' new SUV's etc, he was broke by 2003 and ended up committing suicide.

He died broke, apparently all those so-called friends had abandoned him after the money dried up.

Idiot.
Same shit happened here
Poor fuck
Why the hell assclowns like these buy tickets
PATHETIC if you ask

Alex 04-23-2006 07:08 PM
Quote:
Originally Posted by Sly
Inflation sits between 3.5-4.5%. Enjoy that ~1%!
Where are you getting that 3.5-4.5% at?

woj 04-23-2006 07:24 PM
and that's actually what happens with a typical lotto winner, most of them end up declaring bankruptcy within a few years....

BannerDept 04-23-2006 07:50 PM
idiots...they'll be bankrupt in no time

georgeyw 04-23-2006 08:18 PM
I think i'd spend half of that on setting up my immediate family but it looks like they're going to end up with nothing

daddio 04-23-2006 08:41 PM
Berkshire Hathaway to start... Average annual gain 1965-2005 21.5% - vs. S&P 500 10.3% for the same period.

Peaches 04-23-2006 08:51 PM
So they end up where they started and plugged $8mil into the local economy. Worse things can happen ;)

rants 04-23-2006 08:54 PM
What an idiot. If I won the lottery I would spend nothing on friends or relative, I would spend very modestly and invest everything. Friends and relatives can take care of themselves.

tony286 04-23-2006 08:59 PM
its sad most of them wind up worse off then when they started.

quiet 04-23-2006 09:46 PM
I don't give much of anything to friends. Family is a different thing all together. If they manage to cut things off ( 4 m, they'll be fine. Doubt they will though.

reynold 04-23-2006 10:40 PM
there are just some people who should not be allowed to have money


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