Winning a lottery jackpot can't guarantee happiness

Comment #20

SassyOhio — Tue, 11 Apr 2006 13:11:01 GMT

LMAO ... I think that is the benefit for me and my family keeping to ourselves and ONLY socializing with a hand full of people, In all reality because its hard these days to find someone that is staying around that doesnt have a hidden agenda what ever their reasoning may be. LET SOME ONE TRYYYYY to sue me LMAO I would fight that clear to the bank, becuase of Shady People I have met I proofed my life to NOT have that type of situation ... some people are scandalous we all know that and its a s... [ More ]

Comment #19

justxploring — Tue, 11 Apr 2006 06:09:23 GMT

I guess I was responding to you and my overall point is that regardless of the amount you win...the tag of lottery winner carries with it certain connotaions. It's like used car salesman...it conveys a certain pre-conceived notion that sticks to you for the rest of your life.

OMG! I hope not. I was a used car salesperson. LOL

Comment #18

goldrush — Tue, 11 Apr 2006 04:38:13 GMT

This case shows why anonymity is very important. When people know you have come in to sudden wealth, at the very least they treat you differently, at worst they sue you.

Comment #17

Uncle Jim — Tue, 11 Apr 2006 02:17:35 GMT

Score one for the Diva!

@justxploring:

I guess I was responding to you and my overall point is that regardless of the amount you win...the tag of lottery winner carries with it certain connotaions. It's like used car salesman...it conveys a certain pre-conceived notion that sticks to you for the rest of your life.

And while the public may not peruse the various state lottery websites looking for information on winners you can rest assured that every charity in the country (and many... [ More ]

Comment #16

dvdiva — Mon, 10 Apr 2006 23:36:16 GMT

You can tell yourself that the ticket won't loose but odds are it will. The reason all the stories are about failures winning the lottery is that they are more entertaining and it fits the presses preconcieved notions about lottery winners. Stories of anonymous winners living quietly off interest don't sell or fit the presses agenda.

Comment #15

justxploring — Mon, 10 Apr 2006 22:31:51 GMT

5: No I will not tempt fate by letting a person get in front of me in the lottery line! It could mean the difference in a winning ticket!

LOL!! I went through this last week. I wanted to stomp on the guy's foot

Comment #14

TheGameGrl — Mon, 10 Apr 2006 22:20:39 GMT

My mission statement this week is to say NO to myself!

1: No , I will not have a loosing ticket

2: No I will do better at claiming my prize early and under good advice

3 Under NO circusmstances will I allow my negativity to deter my goal to gain financial security.

4: No I will not give to two charitites if I win. I'll give to three :) And those charities already know who they are!

5: No I will not tempt fate by letting a person get in front of me in the lottery line! It could me... [ More ]

Comment #13

SassyOhio — Mon, 10 Apr 2006 14:33:21 GMT

I know that even though I love my family to death, I would HAVE to disapear and only contact them for at least a few years. Maybe not all of them but a brother and sister and a LOT Of in Laws LOl, my husband and I already decided that if we ever hit we will not announce who we are and with our family well lets just say that I DONT HAVE A PROBLEM with showing some love NOR the word NO. I would want to drop off the radar I think that is the one thing that I would benefit the most from. I have met... [ More ]

Comment #12

KY Floyd — Mon, 10 Apr 2006 05:28:47 GMT

You've hit the nail on the head. With just a few exceptions, most of us will forget the winners' names 10 minute after reading an article about it, but a few people will either remember their names or look for their names after the fact. We'd all love a piece of their pie, but most of us aren't going to ask for anything, so we aren't interested in their names and forget about them unless they do something to attract attention.

The people who remember their names are a different story. I don't... [ More ]

Comment #11

delS — Mon, 10 Apr 2006 01:37:39 GMT

I suggest that all LP members buy a copy of the book, Wealth: Grow It, Protect It, Spend It and Share It by Stuart E. Lucas. Words are inadequate to describe the principles and education (beyond information) contained therein. All jackpot winners will love it

Comment #10

justxploring — Sun, 09 Apr 2006 20:33:41 GMT

Hi, Jim. I don't know if you are responding to my post, but I always think of the FL Lottery, not PB or MM. The news would be more local in that case. Plus, the above article isn't just talking about the $300M winners. I read the paper and watch the new everyday and have no idea who won $5M 2 years ago. I would agree 100% with what you wrote if that person decides to live and work in the same area. Some people would never be able to just pack up and split, because of ties to the community. It wo... [ More ]

Comment #9

Uncle Jim — Sun, 09 Apr 2006 19:27:38 GMT

Boy I couldn't disagree more. IMHO once you are tagged with the epithet Lottery Winner you will live with it and all the nonsense that goes along with it for the rest of your life.

While it might be true that the gerneral public will forget...your family won't forget...your neighbors won't forget...your friends won't forget...your co-workers won't forget...the press won't forget (especially if some misfortune befalls you) and on and on it goes.

And if you live in a state that has no s... [ More ]

Comment #8

pigsNtrees — Sun, 09 Apr 2006 18:40:39 GMT

Good grief! Like the old saying goes A fool and his money are soon parted.

Comment #7

justxploring — Sun, 09 Apr 2006 18:33:00 GMT

We were posting at the same time, so I didn't see your comment. I've written a similar response. You'll never change Cash Only's mind, since this is his mission! I worked most of my life for a company and was always super responsible with an 800 credit score, etc. and then my life went down the toilet very quickly. So I know what can happen to good investments if you don't get sound advice and how illness or depression can drain your savings. Some people need the discipline and security of an... [ More ]

Comment #6

justxploring — Sun, 09 Apr 2006 18:03:05 GMT

I found some people, their lives were saved by winning. They were in dirty, deleterious jobs and it gave them a chance to retire, continued Mr. Kaplan, who wrote the 1978 book Lottery Winners: How they won and how winning changed their lives.

We've had articles like this posted many times on this board, and each time I chuckle and shake my head. I chuckle because I'd like the opportunity to prove them wrong and I shake my head because so many people who had this blessing were either greedy... [ More ]

Comment #5

Uff Da! — Sun, 09 Apr 2006 17:40:27 GMT

Cash Only said:

Mr Post had the misfortune of winning an annuity-only jackpot.

For most people who have no clue about how to handle large sums of money and who have a difficult time saying no to others, I'd think an annuity would actually be a blessing. Unless they chose later to convert it to cash at a loss or borrowed against it heavily, they would be likely to squander one year's income at a time instead of the whole wad.

Comment #4

CASH Only — Sun, 09 Apr 2006 17:32:26 GMT

Mr Post had the misfortune of winning an annuity-only jackpot.

Comment #3

s5thomps — Sun, 09 Apr 2006 17:30:05 GMT

Good advice!, If I am ever fortunate enough to win I will certainly heed that advice. A windfall can be a blessing if it is handle the right way. One thing is for certain is that we all will die some day, but if you handle a lottery jackpot correctly it can not only last a lifetime, but for generations to come. Like P-Diddy said More money More problems

Comment #2

Prob988 — Sun, 09 Apr 2006 16:28:17 GMT

People tend to focus on Bud Post and Jack Whittaker, but undoubtedly there were many people who did the whole thing right.

Financial security cannot make you happy, but it can keep you happy.

In order to maintain financial security there is one word that is important above all, No.

One should not say no only to others either. One should say it frequently to oneself.

Comment #1

LOTTOMIKE — Sun, 09 Apr 2006 13:57:03 GMT

money isn't everything.if you go wild with it you will crash and burn.....

Winning a lottery jackpot can't guarantee happiness

Lottery Post — Sun, 09 Apr 2006 13:54:00 GMT

Sudden wealth is good for most lottery winners, but not all

For some people, winning the big jackpot can turn out to be a big mistake.

William Bud Post III called it the lottery of death.

The Pennsylvania man, who died in January at 66, hit a $16.2 million lottery jackpot in 1988. After that, his sixth wife left him, a woman sued for a third of the winnings, he failed at business ventures with siblings, and spent time in jail for firing a gun over a bill collector's head.

His bro... [ More ]