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Powerball jackpot a mixed blessing

After the Big WinAfter the Big Win: Powerball jackpot a mixed blessing
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Sandra Hayes won millions in a Powerball jackpot, and now she is warning others to be careful what they wish for. She says she was both blessed and cursed with the big win.

"I make it a point to go to Hawaii every year," she says.

Traveling is a passion Sandra Hayes could not afford when she was a single mother, studying for her second master's degree.

"Three student loans to repay, I'm like man there is no way I can do it," she said.

That all changed in April of 2006, when Hayes and a dozen of her co-workers hit a record setting $225 million Powerball jackpot. It was the first time she'd ever played the office lottery pool.

"I felt like I was dreaming, that's how I felt," said Hayes. "I'm dreaming I'm going to wake up any minute now."

Her share of the winnings after taxes was roughly $8 million. It was a reality check that came with a hidden price.

"I had people calling me at work begging for money and people sending faxes with letters and sob stories and I'm like, 'I do not know these people,'" said Hayes. "I was under so much stress, I thought I was going to explode."

Even worse, people Hayes did know wanted a piece of the pie, including a close friend who fabricated a financial crisis.

"People trying to use me as if I'm a personal bank or ATM machine. That was what I had to cut out of my life," she says. "You have to learn to say no."

At times, Hayes has had to say no to herself, to avoid squandering her life savings like so many lottery winners do.

Money management expert Fred Hiatt says, "People are envious. People are greedy and we're all human."

Hiatt knows getting rich quick can be a blessing and a curse.

"Hire professionals and, if you don't, you're going to end up as a statistic that already indicates that the majority of these winners end up broke or dead or live a miserable life of some sort," said Hiatt.

"Even though I have money, I'm still conservative. I still budget," says Hayes.

She says she has to budget, in order to pay her quarterly taxes!

"That's my duty as an American, to pay taxes. That's not the problem. The problem is the amount! I'm not used to writing such big checks to the government!" Hayes explains.

She doesn't like writing big checks, period.

"I love Hawaii. My God, I'd love to move to Hawaii, but it's too expensive," she says.

For now, her Missouri home is bought and paid for. Her debt, and her childrens' debt are paid off. And she does make it to Hawaii at least once a year, while treating her entire family to trips of their own.

"That's a blessing that makes me feel good because when I'm long gone they will remember that," she says.

Hayes, no doubt, considers her windfall a blessing, but she didn't expect her fortune to come with a hidden cost.

"The money is not evil. It's the people that are evil," Hayes says. "This journey, it teaches you a lot of things. You see people for who they are and it's like this no matter what you do for some people, some people — I'll put it that way — it's not enough. It's not enough."

Hayes wrote a book about hitting the jackpot, the good, bad and ugly. She's working on a second book, and hopes one day to retire in Hawaii. And get this: she won the lottery two months before she finished graduate school. She not only completed those classes, she also continued working — at least until she got her check.

Thanks to rdgrnr for the tip.

America Now

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32 comments. Last comment 1 year ago by Lucky4Life.
Page 1 of 3
Original Bey's avatar - Lottery-022.jpg

Bahamas
Member #133467
September 30, 2012
4971 Posts
Offline
Posted: January 2, 2013, 8:27 pm - IP Logged

Earned my first MBA in NO (To address family members and close friends who come back for seconds)

 

Earned my second MBA in HELL NO (To address fair weather friends and complete strangers)

 

Banana  Bring on the Jackpot baby. I'm ready!  Banana

"Everything works  ONCE!"

    helpmewin's avatar - dandy
    DON'T HATE THE PLAYA HATE THE GAME
    u$a
    United States
    Member #106669
    February 22, 2011
    16290 Posts
    Offline
    Posted: January 2, 2013, 8:27 pm - IP Logged

    Sandra Hayes won millions in a Powerball jackpot, and now she is warning others to be careful what they wish for. She says she was both blessed and cursed with the big win.

    "I make it a point to go to Hawaii every year," she says.

    Traveling is a passion Sandra Hayes could not afford when she was a single mother, studying for her second master's degree.

    "Three student loans to repay, I'm like man there is no way I can do it," she said.

    That all changed in April of 2006, when Hayes and a dozen of her co-workers hit a record setting $225 million Powerball jackpot. It was the first time she'd ever played the office lottery pool.

    "I felt like I was dreaming, that's how I felt," said Hayes. "I'm dreaming I'm going to wake up any minute now."

    Her share of the winnings after taxes was roughly $8 million. It was a reality check that came with a hidden price.

    "I had people calling me at work begging for money and people sending faxes with letters and sob stories and I'm like, 'I do not know these people,'" said Hayes. "I was under so much stress, I thought I was going to explode."

    Even worse, people Hayes did know wanted a piece of the pie, including a close friend who fabricated a financial crisis.

    "People trying to use me as if I'm a personal bank or ATM machine. That was what I had to cut out of my life," she says. "You have to learn to say no."

    At times, Hayes has had to say no to herself, to avoid squandering her life savings like so many lottery winners do.

    Money management expert Fred Hiatt says, "People are envious. People are greedy and we're all human."

    Hiatt knows getting rich quick can be a blessing and a curse.

    "Hire professionals and, if you don't, you're going to end up as a statistic that already indicates that the majority of these winners end up broke or dead or live a miserable life of some sort," said Hiatt.

    "Even though I have money, I'm still conservative. I still budget," says Hayes.

    She says she has to budget, in order to pay her quarterly taxes!

    "That's my duty as an American, to pay taxes. That's not the problem. The problem is the amount! I'm not used to writing such big checks to the government!" Hayes explains.

    She doesn't like writing big checks, period.

    "I love Hawaii. My God, I'd love to move to Hawaii, but it's too expensive," she says.

    For now, her Missouri home is bought and paid for. Her debt, and her childrens' debt are paid off. And she does make it to Hawaii at least once a year, while treating her entire family to trips of their own.

    "That's a blessing that makes me feel good because when I'm long gone they will remember that," she says.

    Hayes, no doubt, considers her windfall a blessing, but she didn't expect her fortune to come with a hidden cost.

    "The money is not evil. It's the people that are evil," Hayes says. "This journey, it teaches you a lot of things. You see people for who they are and it's like this no matter what you do for some people, some people — I'll put it that way — it's not enough. It's not enough."

    Hayes wrote a book about hitting the jackpot, the good, bad and ugly. She's working on a second book, and hopes one day to retire in Hawaii. And get this: she won the lottery two months before she finished graduate school. She not only completed those classes, she also continued working — at least until she got her check.

    Thanks to rdgrnr for the tip.

    do you have a picture of her? i think i know who this is if this is the same girl.What?

                     

      helpmewin's avatar - dandy
      DON'T HATE THE PLAYA HATE THE GAME
      u$a
      United States
      Member #106669
      February 22, 2011
      16290 Posts
      Offline
      Posted: January 2, 2013, 8:28 pm - IP Logged

      Earned my first MBA in NO (To address family members and close friends who come back for seconds)

       

      Earned my second MBA in HELL NO (To address fair weather friends and complete strangers)

       

      Banana  Bring on the Jackpot baby. I'm ready!  Banana

      hey we posted at the same time, Green laugh

                       

        Original Bey's avatar - Lottery-022.jpg

        Bahamas
        Member #133467
        September 30, 2012
        4971 Posts
        Offline
        Posted: January 2, 2013, 8:30 pm - IP Logged

        hey we posted at the same time, Green laugh

        It's a rat race - lol

         

        Here's to both of us earning some big cheese in this new year!Cheers

        "Everything works  ONCE!"

          Avatar

          United States
          Member #122696
          February 6, 2012
          202 Posts
          Offline
          Posted: January 2, 2013, 8:31 pm - IP Logged

          So she is complaining about having to write big checks to pay taxes on the free $8 million that she has in her pocket. Really?

          Hawaii is not that expensive. I am sure she can find a place for $500,000 to $1,000,000. She is by herself, she does not need to live in Buckinham Palace or anything like that. 

          Here is an idea, take some of the money, buy a McDonald's or something else, have her kids who live off her run it and pay them from that and live off the profits as well as her interest income from other investments. 

          Even a borderline idiot should be able to make at leat 3% off of $8million, way more than enough to live a fantastic life if you don't have any debt, even if you did. 

          I am confused by her statement. Is there any job that pays you a lot of money that you don't pay taxes? If so, I want in. 

            helpmewin's avatar - dandy
            DON'T HATE THE PLAYA HATE THE GAME
            u$a
            United States
            Member #106669
            February 22, 2011
            16290 Posts
            Offline
            Posted: January 2, 2013, 8:32 pm - IP Logged

            It's a rat race - lol

             

            Here's to both of us earning some big cheese in this new year!Cheers

            Eek

                             

              Original Bey's avatar - Lottery-022.jpg

              Bahamas
              Member #133467
              September 30, 2012
              4971 Posts
              Offline
              Posted: January 2, 2013, 8:35 pm - IP Logged

              Eek

              Better than government cheese, no?

              "Everything works  ONCE!"

                helpmewin's avatar - dandy
                DON'T HATE THE PLAYA HATE THE GAME
                u$a
                United States
                Member #106669
                February 22, 2011
                16290 Posts
                Offline
                Posted: January 2, 2013, 8:37 pm - IP Logged

                Better than government cheese, no?

                you should know LOL

                                 

                  Original Bey's avatar - Lottery-022.jpg

                  Bahamas
                  Member #133467
                  September 30, 2012
                  4971 Posts
                  Offline
                  Posted: January 2, 2013, 8:41 pm - IP Logged

                  you should know LOL

                  I got friends in low places,
                  Where the Whiskey drowns,
                  And the Beer chases my blues away,
                  But I'll be okay,
                  Now I'm not big on social graces,
                  Think I'll slip on down to the oasis,
                  Oh I got friends,
                  In low places.

                   

                  -Garth

                  "Everything works  ONCE!"

                    dpoly1's avatar - driver
                    PA
                    United States
                    Member #66141
                    October 16, 2008
                    1422 Posts
                    Offline
                    Posted: January 2, 2013, 8:41 pm - IP Logged

                    Another winner hounded by the Greed Of Envy!

                    Mad

                    dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

                     

                    Eschew Poverty ........... Vote Conservative!

                      helpmewin's avatar - dandy
                      DON'T HATE THE PLAYA HATE THE GAME
                      u$a
                      United States
                      Member #106669
                      February 22, 2011
                      16290 Posts
                      Offline
                      Posted: January 2, 2013, 8:45 pm - IP Logged

                      I got friends in low places,
                      Where the Whiskey drowns,
                      And the Beer chases my blues away,
                      But I'll be okay,
                      Now I'm not big on social graces,
                      Think I'll slip on down to the oasis,
                      Oh I got friends,
                      In low places.

                       

                      -Garth

                      Congrats! Sandra Hayes on spending all your money now trying to sell your books No No

                                       

                        Original Bey's avatar - Lottery-022.jpg

                        Bahamas
                        Member #133467
                        September 30, 2012
                        4971 Posts
                        Offline
                        Posted: January 2, 2013, 8:47 pm - IP Logged

                        Congrats! Sandra Hayes on spending all your money now trying to sell your books No No

                        At least she is not trying to "hawk" them off on LP by starting bogus threads filled with bad predictions

                         

                        I won't name names - lol!

                        "Everything works  ONCE!"

                          helpmewin's avatar - dandy
                          DON'T HATE THE PLAYA HATE THE GAME
                          u$a
                          United States
                          Member #106669
                          February 22, 2011
                          16290 Posts
                          Offline
                          Posted: January 2, 2013, 8:50 pm - IP Logged

                          At least she is not trying to "hawk" them off on LP by starting bogus threads filled with bad predictions

                           

                          I won't name names - lol!

                          my numbers are good guarantee to hit within a year Green laughwin BIG!

                                           

                            glitter77's avatar - Lottery-037.jpg

                            Bahamas
                            Member #86090
                            January 29, 2010
                            44 Posts
                            Offline
                            Posted: January 2, 2013, 8:52 pm - IP Logged

                            Earned my first MBA in NO (To address family members and close friends who come back for seconds)

                             

                            Earned my second MBA in HELL NO (To address fair weather friends and complete strangers)

                             

                            Banana  Bring on the Jackpot baby. I'm ready!  Banana

                            #realtalk