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Poll: most Americans would continue working after lottery win

Sep 17, 2004, 8:37 am

Insider BuzzInsider Buzz: Poll: most Americans would continue working after lottery win

"If you won $10 million in the lottery, would you continue to work, or would you stop working?"

In a poll released by Gallup this week, 55 percent of respondents said they would continue to work, while 44 percent said they would kiss the boss or their business bye-bye.

Between the sexes, more men (61 percent) than women (48 percent) said they'd stay on a career path despite such a big windfall. And among the age groups, 59 percent of the younger set (defined as those under 50) said they'd keep working versus 45 percent of those over 50.

Those who go to church weekly were more likely to stick with work than those who attend less often or not at all.

And among those polled who said they would continue working, about two-thirds said they'd stay in their current job, while a third said they'd look for a different one.

When it comes to how the fantasy lottery winners would manage their newfound wealth, here are the responses from a few:


  • Share the wealth with family and friends

  • Invest enough for children's education, give money to family members and take 6-week vacations

  • Keep enough to feel secure, buy a condo in Manhattan and give the rest away

CNN/Money

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25 comments. Last comment 8 years ago by CASH Only.
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fja's avatar - gnome1

United States
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January 19, 2002
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Posted: September 17, 2004, 11:17 am - IP Logged

depending on the size of the windfall.....You might have to quit your job in order to work your money....its not as easy as it looks!

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

    twisted's avatar - underground
    New Jersey
    United States
    Member #2418
    September 25, 2003
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    Posted: September 17, 2004, 2:02 pm - IP Logged
    Quote: Originally posted by fja on September 17, 2004


    depending on the size of the windfall.....You might have to quit your job in order to work your money....its not as easy as it looks!


    I agree.  If its a sizeable jackpot, then I would actually have to quit my job, study further. 
      DoctorEw220's avatar - alien helmet.jpg
      Yinzer Country, PA
      United States
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      March 18, 2004
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      Posted: September 17, 2004, 2:44 pm - IP Logged

      depends on the jackpot size and type.  if i were to win an annuitized jackpot, then there is a greater chance i would quit my job, depending on the size of each payment.  if it were a cash jackpot, odds are it would be smaller, so i would probably keep working.

      I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.


        United States
        Member #5666
        July 11, 2004
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        Posted: September 17, 2004, 10:11 pm - IP Logged

        If it's a sizeable amount, you might want to use the money to start your own business, or if large enough start and operate a foundation to evaluate charitable causes to direct your winnings....

          Avatar

          United States
          Member #983
          December 30, 2002
          459 Posts
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          Posted: September 17, 2004, 11:53 pm - IP Logged

          I would continue to work - but not at my old job. I would work at whatever I felt needed to be done, whether activist, managing my money, helping people or picking up litter on the beach.  Whatever I did,  I would not worry about salary or benefits.

            Badger's avatar - adu50016 NorthAmericanBadger.jpg
            Wisconsin
            United States
            Member #1327
            March 27, 2003
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            Posted: September 18, 2004, 11:32 pm - IP Logged

            Work for someone else? FORGET IT !

            I'd pursue all the personal interests I have that can't make me a dime but are personally enjoyable.

            No way I'd continuie to be tied to someone else's idea of "work" and "schedule".

            Badger

            ============

            How can you tell if a politician is lying?

            Answer: His lips are moving.


              United States
              Member #1964
              July 28, 2003
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              Posted: September 19, 2004, 10:04 am - IP Logged

              well I am 47 and make only 16,000 a year, joinly we make only 27,000 a year, so no doubts that even with much less,  I , sorry We will "runaway" from our jobs, because in the next 20years working like a dunky we will made little over 500,000 so with 10 million or even 20% of it , we will not be thinking it, You will see our notice on the desk. and Ciao

                DoctorEw220's avatar - alien helmet.jpg
                Yinzer Country, PA
                United States
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                March 18, 2004
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                Posted: September 20, 2004, 12:41 am - IP Logged

                dude.  if you are making that much with your job, why are you playing the lottery?

                I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

                  DoctorEw220's avatar - alien helmet.jpg
                  Yinzer Country, PA
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                  March 18, 2004
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                  Posted: September 20, 2004, 12:42 am - IP Logged

                  don't you think you should put that money toward other things?

                  I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

                    BIRD's avatar - hiro bird.jpg
                    clarkston georgia
                    United States
                    Member #557
                    August 8, 2002
                    3246 Posts
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                    Posted: September 20, 2004, 8:25 am - IP Logged

                    cant do it nooooooop I believe I could be doing something more constructive

                    spooky soozy 888

                    birdshouse.ning.com

                    bird 4=7


                      United States
                      Member #1964
                      July 28, 2003
                      52 Posts
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                      Posted: September 20, 2004, 11:02 am - IP Logged

                      dude.  if you are making that much with your job, why are you playing the lottery?

                      I hope, Doc, that this is not an answer to my post because I realy dont understand it. because 27,000 a year is "nada" but nothing

                        Avatar
                        Milwaukee, WI
                        United States
                        Member #3189
                        December 27, 2003
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                        Posted: September 20, 2004, 11:19 pm - IP Logged

                        First and foremost, the biggest thing that I will buy is my retirement...



                        No way in h-e double toothpicks if I have big cash will I go back to work...



                        I will calculate, figure any way to retire....



                        I have worked everyday the last 2 weeks and am working 12 hour saays this week... And am hoping that tomorrow will be my last day....



                        I cuss every moron that goes back to work after winning the lottery...



                        MarkP

                          DoctorEw220's avatar - alien helmet.jpg
                          Yinzer Country, PA
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                          Posted: September 21, 2004, 12:16 am - IP Logged
                          Quote: Originally posted by r_billerey on September 20, 2004



                          dude.  if you are making that much with your job, why are you playing the lottery?

                          I hope, Doc, that this is not an answer to my post because I realy dont understand it. because 27,000 a year is "nada" but nothing




                          if you can make ends meet, then ok, go play.

                          I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.


                            United States
                            Member #1964
                            July 28, 2003
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                            Posted: September 21, 2004, 9:30 am - IP Logged
                            Quote: Originally posted by markp1950 on September 20, 2004


                            First and foremost, the biggest thing that I will buy is my retirement...

                            No way in h-e double toothpicks if I have big cash will I go back to work...

                            I will calculate, figure any way to retire....

                            I have worked everyday the last 2 weeks and am working 12 hour saays this week... And am hoping that tomorrow will be my last day....

                            I cuss every moron that goes back to work after winning the lottery...

                            MarkP


                            He Markp did you read about this guy in Canada who won 7,5 million and when back to work because he cannot change his "live"  style.