I know that the people I usually see who get lottery tickets on the regular are poor folks, who want to make it out of the hole, and the elderly---who have the money to spend on lottery tickets.
Now, a person who is not used to having money, and when they win, will go hog wild, like a starving man at a Buffet. Not so much for the elderly people who have lived their lives and know about investments.
I'm sure that there are some lottery winners who had played every now and then, and have investments, and they do it for fun. They probably have sat down with an accountant, and had a spending budget drawn up.
And you might have those rare people who are miserly to a fault.
You're single. I can see a person with a family blowing 5 mil or so in a couple of years. btw, i think that was the pre-tax value of her winnings. as usual whites are killing her since she is black.
Here's your yahoo, Parker, and this guy was worth $17M before he won:
1. Jack Whittaker won a record $314.9m Powerball jackpot in 2002.
But life since then has been a long list of arrests, lawsuits, broken relationships and even death. In 2007, his then wife, Jewell admitted she wished she had ‘torn up the ticket’.
There are another dozen or so who lost it all but they won between 2-20M pre-tax in the 90s and 2000s. that money can run over 15-20 years.
There's also a compared CPA, who jacked off about $17M.
haha sucker.
"While the masses are waiting to pick the right numbers and praying for prosperity, the great ones are solving problems," Siebold writes.
"The hero [middle class people] are waiting for may be God, government, their boss or their spouse. It's the average person's level of thinking that breeds this approach to life and living while the clock keeps ticking away."
Read more: http://www.businessinsider.com/how-rich-people-think-differently-from-the-poor-2012-8?op=1#ixzz2TsfYKJ12
three lotto winners were confirmed millionaires before they won, so some aspects of the lotto are no different than a REALLY cheap weekend in Vegas.
