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Florida couple, nearly penniless, claim half of $414M lottery jackpot

Topic closed. 70 replies. Last post 2 months ago by Saylorgirl.

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Piaceri's avatar - sarsony1
Wannabe Won Percenter
Republic of Texas
United States
Member #57557
January 9, 2008
974 Posts
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Posted: May 3, 2014, 8:52 am - IP Logged

While that maybe a public statement, one never knows fully the final consequences except the person(s) making it. Maybe by saying they are going to continue to work it means they are volunteering someplace or starting a non profit organization.

I agree with you on hobbies if I won that much. Even hobbies take some effort/work
Might have to start a non profit that I have thought of (while making my current plans after the big win).

Kudos to those folks. I hope they manage their windfall well.

Exactly! "Continue to work" does not mean they will stay at their current job. Maybe she wants to open a flower shop and employ people. Maybe she wants to open a hobby or craft store. Maybe she wants to create a charity and review/interview applicants to see who benefits from the charity. All require "work". Who knows. There are plenty of things she can do to "continue to work" that don't involve taking a job away from someone who needs the paycheck more than she.

Don't be dissing a jackpot winner because they don't want to sit on their hiney doing nothing productive for the rest of their lives.

 

Congrats to the winners. May their blessings be used wisely. Party

face

singlewinnersinglewinnersinglewinner   

    Saylorgirl's avatar - Lottery-065.jpg
    Indiana
    United States
    Member #129230
    June 13, 2012
    315 Posts
    Online
    Posted: May 3, 2014, 9:05 am - IP Logged

    She should do the right thing and repay her debts from the bankruptcy since she has all this sudden wealth now. NO EXCUSES!

    If I win that kind of money I am going to quit in style and do my happy dance out the door in the middle of a shift.

    I agree with you on the bankruptcy.  She filed just two years ago she has a moral responsibility to repay those that were "shafted" by her filing bankruptcy.  She needs to make that right and then I will congratulate them on the win.  Until that happens I will hold my congratulations.

      Avatar
      New Member
      Germantown, Md.
      United States
      Member #134622
      November 1, 2012
      10 Posts
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      Posted: May 3, 2014, 10:50 am - IP Logged

      Lady Luck sometimes does pick the right winners; 

      When it is your time then and only then is it your time. And in Gods name share and give back.

      CONGRADULATIONS AND INVEST WISELY AND ENJOY.

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        boston,ma
        United States
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        December 15, 2013
        89 Posts
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        Posted: May 3, 2014, 12:15 pm - IP Logged

        Exactly! "Continue to work" does not mean they will stay at their current job. Maybe she wants to open a flower shop and employ people. Maybe she wants to open a hobby or craft store. Maybe she wants to create a charity and review/interview applicants to see who benefits from the charity. All require "work". Who knows. There are plenty of things she can do to "continue to work" that don't involve taking a job away from someone who needs the paycheck more than she.

        Don't be dissing a jackpot winner because they don't want to sit on their hiney doing nothing productive for the rest of their lives.

         

        Congrats to the winners. May their blessings be used wisely. Party

        History and many discussions have shown that when Jackpot winners talk about continuing to work, they're talking about keeping their same job. Then reality sets in and they realize that it's not possible. If you want to believe otherwise, that's on you. I just watched her video and she said, "I'm going to try to work, at least for a little while. I'll probably always work, but it'll be different work not my everyday work." Sounds like to me she's going to keep trying to stay on her job for a bit and then make a change to something she likes more if it's not feasible for her to stay. So interpret the way you like. Also, nobody is "dissing" this winner, i'm happy for her. Just the effort of trying to keep the same job, no matter for how long has been shown to be nearly impossible.

          mikeintexas's avatar - h t2.jpg
          Texas Panhandle
          United States
          Member #136848
          December 20, 2012
          391 Posts
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          Posted: May 3, 2014, 6:18 pm - IP Logged

          I agree with you on the bankruptcy.  She filed just two years ago she has a moral responsibility to repay those that were "shafted" by her filing bankruptcy.  She needs to make that right and then I will congratulate them on the win.  Until that happens I will hold my congratulations.

          I agree, but it's not nearly as bad as when someone on public assistance wins the lottery.  I've never had to be on it, but I've been broke before and what little disposable income I had certainly didn't go towards buying lottery tickets.  The way I see it, people who do win who are on public assistance are playing with the public's money and should have to pay that money back with interest.  I've read about some states seizing the money if the people continue on the dole after winning.

          As far as continuing to work: I can see a situation where someone might need another year or two to be fulled vested in their company's pension plan.  I agree that it would be hard to continue on with the job, but I also don't think they have a moral responsibility to quit just so someone else could have the position.

            Arrowhead's avatar - underground
            Ohio
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            December 27, 2011
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            Posted: May 3, 2014, 9:48 pm - IP Logged

            The bankruptcy is the past. She evidently adhered to all legal procedures and has been paying the price in regards to credit ratings, non-access to possible loans, etc., the typical ramifications when filing Chapter 11.

            The lottery win is the present and the future. The only 'moral' obligation she has in my mind is to re-pay any local small businesses that weren't properly 'taken care of' because of the bankruptcy.

              Drenick1's avatar - villiarna
              USA
              United States
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              February 25, 2014
              439 Posts
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              Posted: May 3, 2014, 10:23 pm - IP Logged

              The bankruptcy is the past. She evidently adhered to all legal procedures and has been paying the price in regards to credit ratings, non-access to possible loans, etc., the typical ramifications when filing Chapter 11.

              The lottery win is the present and the future. The only 'moral' obligation she has in my mind is to re-pay any local small businesses that weren't properly 'taken care of' because of the bankruptcy.

              She is not required to pay back any past debt that was part of her bankruptcy filing but she it would go a long way towards clearing her conscious if she did. The old debt most likely amounted to just a fraction of her new net worth.

              Never take advice from someone unless you are willing to live their lifestyle. 

                Saylorgirl's avatar - Lottery-065.jpg
                Indiana
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                Member #129230
                June 13, 2012
                315 Posts
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                Posted: May 3, 2014, 10:58 pm - IP Logged

                She is not required to pay back any past debt that was part of her bankruptcy filing but she it would go a long way towards clearing her conscious if she did. The old debt most likely amounted to just a fraction of her new net worth.

                I agree with you 100%.

                  Arrowhead's avatar - underground
                  Ohio
                  United States
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                  December 27, 2011
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                  Posted: May 3, 2014, 11:03 pm - IP Logged

                  Local, sure. The town's heating/cooling outfit that got stiffed on the new furnace financing of five years ago? Cut 'em a check.

                  That Wells Fargo or Bank of America credit card debt of five grand that was settled Chapter 11? They'll be just fine...

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                    boston,ma
                    United States
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                    December 15, 2013
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                    Posted: May 4, 2014, 7:53 am - IP Logged

                    She is not required to pay back any past debt that was part of her bankruptcy filing but she it would go a long way towards clearing her conscious if she did. The old debt most likely amounted to just a fraction of her new net worth.

                    I agree. I think it would go a long way if she showed an effort to handle this.

                      CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                      TX
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                      January 4, 2012
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                      Posted: May 4, 2014, 12:07 pm - IP Logged

                      I agree, but it's not nearly as bad as when someone on public assistance wins the lottery.  I've never had to be on it, but I've been broke before and what little disposable income I had certainly didn't go towards buying lottery tickets.  The way I see it, people who do win who are on public assistance are playing with the public's money and should have to pay that money back with interest.  I've read about some states seizing the money if the people continue on the dole after winning.

                      As far as continuing to work: I can see a situation where someone might need another year or two to be fulled vested in their company's pension plan.  I agree that it would be hard to continue on with the job, but I also don't think they have a moral responsibility to quit just so someone else could have the position.

                      $115,448,968 lump sum - Uncle Sam's Cut ($45,717,791) nets you------$69,731,177
                      (Florida has no state income tax-sweeeeet)

                      To continue to work and stick around for a pension ??....I am thinking, "Hey employer keep the pension, I AM MOBILE".
                      I will enjoyably spend the 9 MIL and change on houses,family, toys, etc. etc...... Invest the remaining 60 and live off the interest at a modest 3-4% very comfortably.....and gladly repay any debt that I have owed from the past.

                      But thats just MHO....Patriot

                        Drenick1's avatar - villiarna
                        USA
                        United States
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                        February 25, 2014
                        439 Posts
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                        Posted: May 4, 2014, 12:27 pm - IP Logged

                        $115,448,968 lump sum - Uncle Sam's Cut ($45,717,791) nets you------$69,731,177
                        (Florida has no state income tax-sweeeeet)

                        To continue to work and stick around for a pension ??....I am thinking, "Hey employer keep the pension, I AM MOBILE".
                        I will enjoyably spend the 9 MIL and change on houses,family, toys, etc. etc...... Invest the remaining 60 and live off the interest at a modest 3-4% very comfortably.....and gladly repay any debt that I have owed from the past.

                        But thats just MHO....Patriot

                        I Agree!

                        With $69 million after all tax obligations, your game plan would most definitely work for 99% of the population.

                        The winner will enjoy her life even more knowing that all her past obligation/debts were satisfied. I wonder if her and her boyfriend will now get married?

                        Never take advice from someone unless you are willing to live their lifestyle. 

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                          United States
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                          November 29, 2012
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                          Posted: May 4, 2014, 2:16 pm - IP Logged

                          With that kind of money I'd buy a half a million dallas island in Fla and stay there eating crustaceans until I grow a hard shell on my body.  DISAPPEAR for 6 months or so.

                          Or die of mercury poisoning Approve

                            jjtheprince's avatar - DiscoBallGlowing
                            St. Louis, MO
                            United States
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                            February 13, 2011
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                            Posted: May 4, 2014, 3:18 pm - IP Logged

                            Congrats to them, I always like hearing about poor people who win.

                              Win$500Quick's avatar - Lottery-050.jpg
                              Florida
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                              August 1, 2009
                              3228 Posts
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                              Posted: May 4, 2014, 4:17 pm - IP Logged

                              Congrats to the lucky winners.

                              Men Lie, Women Lie, Numbers Don't!