it's because the people who win the lotto have no idea how to make their own money... they ALWAYS work for someone else.
give me a million and i'll earn $250k on it every year for as long as I want. (legally, mind you).
most people have no long-term goals.. or lack the ability to even THINK long term.
if, for instance i'd pick up a $1 lottery ticket just for shits and giggles while i'm getting gas one day and I won a large sum of money (lets say a few million, after taxes... those blood-sucking-liberal-leaches)
i'd live in a 5br home (probably in Coronado), i'd probably have 2-3 cars and an suv/truck... all certified pre-owned, none new. probably an S550 (for me), a Range Rover Sport (for her and the kids), an a 'toy' for myself, probably a Nissan GT-R... and that'd be it... no Ferrari's, no lambos, ect...
i'd have 5-8 2br rental homes, netting about $500-1k/month each (after mortgage... of course i'll have mortgages, it'll be one of the few tax breaks i'll get)
i'd have 300k in a low-yield dividend funds (4.5-6%)
300-500k in hi-yield dividend funds (8-15%)
and maybe 300k in a higher risk fund or a REIT (15%+)
and 500k in a prop-trading account (probably with interactive brokers)
and a couple a couple 100k annuities.
now, managing #1 the rental properties, and #2 the investment accounts would absolutely still be WORK... so yes, i'd still WORK... just not for anybody else. lol.
oh, and i'd probably still cruise on 1g test & 500mg deca with 8iu humatrope
and cruise easy at about 235 at 8% and eat like a normal person, and train 3-4x a week.