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Lottery winner almost out of cash three years later

Topic closed. 26 replies. Last post 11 months ago by charmed7.

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JackpotWanna's avatar - squiz
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Posted: December 11, 2008, 10:38 am - IP Logged

cmon with the finance disaster and such, if he had invested like a good advisor had told him he would still be broke

I agree, He spent the last 3 years enjoying himself and helping people.  Much better then investing all of it in the stocking market and losting it all.  I say good job man!!!!

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Posted: December 11, 2008, 12:22 pm - IP Logged

     He didn't win $3.7M; he only won half of it. The other half went to his friend from the first story, Aristeo Robelin, who still has two million left.

   Quite a contrast between the two tales; a convicted felon who turned his life around with his half of a jackpot win, and the friend with whom he worked installing windows, who now has nothing left of his share due to his "Good-Time Charlie" syndrome.

   Live and learn, I guess ... 

Come, Pinky; we must prepare for tomorrow night...

Jim

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Kennesaw, GA
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Posted: December 11, 2008, 12:36 pm - IP Logged

Very attractive gold digger!!! I don't feel sorry for him.  Wink

i plan to have one too, haha...but i wont marry her

ThatScaryChick's avatar - mysimselfld0
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Posted: December 11, 2008, 1:06 pm - IP Logged

     He didn't win $3.7M; he only won half of it. The other half went to his friend from the first story, Aristeo Robelin, who still has two million left.

   Quite a contrast between the two tales; a convicted felon who turned his life around with his half of a jackpot win, and the friend with whom he worked installing windows, who now has nothing left of his share due to his "Good-Time Charlie" syndrome.

   Live and learn, I guess ... 

I agree. It was very interesting to read about two friends who won the lottery and see how things have turned out for them.

"No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."
ThatScaryChick

fja's avatar - gnome1
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Posted: December 11, 2008, 1:40 pm - IP Logged

Just like kids who don't respect fire until they burn themselves, some people won't respect thier wealth until it's gone.....In this case the other friend has had a taste of what it's like to lose everything....

"Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

rundown99's avatar - cigar
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Posted: December 11, 2008, 2:22 pm - IP Logged

Another reason why you should remain anonymous if you win the jackpot.

Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

"You'll lose a lot of money by chasing women, but you'll never lose a lot of women by chasing money." - Chris Rock in the movie "I Think I Love My Wife" (2007)

MysteryMan424's avatar - batman22
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Posted: December 11, 2008, 9:05 pm - IP Logged

Alice easy come easy go, If I have it you could have it. I was a millionaire for a couple of days, That's more than I can say about anyone in this dump Alice Bam Zoom

Jill34786's avatar - imgp0102md0
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Posted: December 12, 2008, 11:18 am - IP Logged

Actually this guy Keith Bryce and his co-worker split a a $35 million jackpot in late November, 2005...the other ticket has never been claimed. The cash option on their half ($17.5 million) was a  tad over $10 million of which they received $3.7 million after initial taxes. They both owed roughly $500,000 each on additional federal taxes when they filed their returns in April of 2006.

Had they waited until January 2006 to claim their jackpot, the additional federal taxes would not have been due until April 2007.

If anyone here wins tonight Mega Million...please do yourself a favor and wait to claim it after the new year. 

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Bondi Junction
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December 24, 2007
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Posted: December 16, 2008, 3:54 am - IP Logged

Rule number 1: Don't go public! 

 

If you do people will come out of the woodwork with "investment schemes". Get independent professional advice, get second opinions and don't rush into anything.

reddog's avatar - sam
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Posted: December 22, 2008, 8:46 am - IP Logged

I can see why he asked her to go back to his place to make out. She is HOT !!!! She should not have any problem getting a job at Hooters.

grengrad's avatar - nw rogue
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Posted: December 22, 2008, 9:26 am - IP Logged

If they are so unhappy, they can sign over the 3 nice vehicles and 5 acre estate.

 

At least they realized that blowing money is stupid before they lost their house.

charmed7's avatar - aeonflux
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Posted: December 25, 2008, 12:21 pm - IP Logged

What a sad sorry!!!  Everyone doesn't know how to handle a large

sum of money.  And every family member will come out of the wood-

work, and they honestly feel u must share the wealth.

 
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