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Million-dollar winner remains frugal after windfall

Tennessee LotteryTennessee Lottery: Million-dollar winner remains frugal after windfall
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You often hear about money-crazed lottery winners going out and blowing their big wad of money on wild, over-the-top stuff.

But not Tiffany Weightman, the lucky, level-headed Murfreesboro lady who won a cool million with a scratch-off lottery ticket at a Mapco Express just about a month ago.

"When you dream about winning a million dollars, you say I'm going to have a mansion and I'm going to get a BMW and all that, but when you win, it's reality,'' she said.

"You realize that all of that is just not that important,'' said Tiffany, 34, who socked away almost all of the lottery money in her bank account and has no plans to change her job, her house or her longstanding frugal habits.

Tiffany's one splurge was a new 2009 precision gray Maxima to replace her 2001 Nissan X-Terra that had more than 300,000 miles on it. (She had the old car fixed up and gave it to her oldest niece, who didn't have a car.) But that was about it — no big trip, no mammoth TV, not even a new wardrobe.

"I just did not want to go blow it. I didn't want to see that money go out of my bank account.''

Tiffany, who works in human resources and accounts receivable for a cold storage company in Murfreesboro, said she wanted to have a solid plan for her winnings, so she put the money in the bank and sat down with a piece of paper and wrote out the things she planned to do with her windfall — give some to the MS Society, since she suffers from multiple sclerosis, buy a CD (a money CD, not a music CD) for her 6-year-old niece, donate to help the homeless, which was her 13-year-old daughter's idea, and give money to help abused animals, which was what her animal-loving 10-year-old son requested.

"I have been really proud of my children. The first thing they wanted to do was give some away. They are smart little guys.''

As you would expect, there have been a few pressures to stray from the usual frugal path, but nothing Tiffany couldn't handle.

"My daughter and I were out shopping (after the big win) and I said let's go to Plato's Closet,'' Tiffany said, referring to the very affordable chain of used clothing stores that cater to the teen and college crowd.

Well, her daughter was hoping for a little higher-end shopping at Hollister instead. "I told her no — that they (Plato's Closet) had Hollister, too,'' Tiffany said, sticking to her guns.

"And my son did say something like, 'come on Mom, we have the money' " about something he thought they should buy. "But I was like, 'No.' ''

"They know I've always struggled and used coupons and said, 'if it's not on sale, I won't buy it.' And now, just because you have money doesn't mean you just go spend it. I'm so frugal; I just don't think I will change."

Thanks to joshuacloak for the tip.

Tennessean

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20 comments. Last comment 8 years ago by corius$1918!.
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United States
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May 17, 2008
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Posted: March 31, 2009, 9:42 pm - IP Logged

Good for her. She seems very reasonable and most likely wont end up flat broke in 10-15 years. Although I would probably splurge on something before I gave to an abused animals charity, but whatever. Sun Smiley

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    New York, NY
    United States
    Member #13514
    April 7, 2005
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    Posted: March 31, 2009, 10:40 pm - IP Logged

    She is being very smart.  However I know I would quit my job, but I would go to school so I could change careers.  But she is wise to be smart with her winnings.

      Piaceri's avatar - sarsony1
      Republic of Texas
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      January 9, 2008
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      Posted: March 31, 2009, 11:16 pm - IP Logged

      She is being very smart.  However I know I would quit my job, but I would go to school so I could change careers.  But she is wise to be smart with her winnings.

      But you have to remember, she has two kids to put through college yet. After the feds get done taking their "fair share", a cool million does not sound as cool as it did before. 

      It seems like she is happy with her career and her life. She does not have to quit her job to go back to school, if she wants to. Many full time working adults take night or online classes to get a degree or and advanced degree. I'm working on a masters myself right now, online, after work.  Full time college for kids these days is not cheap, upwards of $15k per year at a state university.

      Smart lady. She's on my most admired list.... ;)

      face

      singlewinnersinglewinnersinglewinner   

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        United States
        Member #54390
        August 17, 2007
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        Posted: April 1, 2009, 12:11 am - IP Logged

        Very smart mother. Her kids will grow up knowing how to correctly use money.

          ThatScaryChick's avatar - x1MqPuM
          Idaho
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          Member #56506
          November 21, 2007
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          Posted: April 1, 2009, 12:17 am - IP Logged

          Good for her! She sounds like she is handling her money well. I like reading upbeat and positive news stories like this. Smiley

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

            LotteryJunkiE99's avatar - Lottery-025.jpg

            United States
            Member #72647
            March 23, 2009
            63 Posts
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            Posted: April 1, 2009, 2:48 am - IP Logged

            But you have to remember, she has two kids to put through college yet. After the feds get done taking their "fair share", a cool million does not sound as cool as it did before. 

            It seems like she is happy with her career and her life. She does not have to quit her job to go back to school, if she wants to. Many full time working adults take night or online classes to get a degree or and advanced degree. I'm working on a masters myself right now, online, after work.  Full time college for kids these days is not cheap, upwards of $15k per year at a state university.

            Smart lady. She's on my most admired list.... ;)

            I think working with money receipts for a living, or alot of the time, has her seasoned on how fast money can slip away.  And its good she's thinking on saving for later, especially since she has children.  And its so true what you said, after taxes, a cool million, its not so cool anymore.... HAHAHAHA  i love that expression lols. Smiley

             

            Its good she might donate a small amount to charities, but what the heck is she doing giving her niece a car with 300k lols that's insane, let the girl have a proper car lol.   Trust me, a car with that much mileage.... NOT GOOD.  lol anyway, uhmm... never agree with BEING TOOO FRUGAL, I was raised in a background of you only live once, so don't be petty.   BUT , to each their own.  Let everyone run their own show.  Embarassed

            - ILOVETHELOTTERY Sun Smiley

              DC81's avatar - batman39
              MI
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              August 31, 2007
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              Posted: April 1, 2009, 5:13 am - IP Logged

              For a second I thought I was reading a copy and paste of another story from a month or two ago... Especially the opening and first couple paragraphs.

              You can't predict random.


                United States
                Member #67042
                November 14, 2008
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                Posted: April 1, 2009, 10:52 am - IP Logged

                A very smart lady! I'm glad she is thinking about the long term instead of instant gratification!

                  OldSchoolPa's avatar - Lottery-057.jpg
                  Gurnee, Illinois
                  United States
                  Member #49731
                  February 12, 2007
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                  Posted: April 1, 2009, 11:56 am - IP Logged

                  Nice story...and I would be led to think she won't go the way of Whitaker and Edwards and Company...but it has only been a month and she only won $1 million before taxes.  Remember Whitaker was a businessman before and after he won...so anything could happen although like I said, she seems like she keep whatever Uncle Sam doesn't take away from her winnings.

                  Plus, in most parts of the US, anything in the hunrdred thousand dollar range won't buy one a mansion, and BMWs are comparably priced to Nissans when you take the maintenance costs into consideration (most people only think about the purchase price when it comes to automobiles; I know that some BMW dealerships, if not all, include the standard maintenance over the first 3 years in the purchase price whereas you have to pay when you take the Nissan in for the regularly scheduled maintenance.).

                  Anyway, here's hoping I win the Powerball tonight!Dance

                  Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                  The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

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                    Posted: April 1, 2009, 1:30 pm - IP Logged

                    For a second I thought I was reading a copy and paste of another story from a month or two ago... Especially the opening and first couple paragraphs.

                    ahhah I thought this too. I was about to hit the "back" button until I read further and it was different.


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                      March 9, 2009
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                      Posted: April 2, 2009, 11:18 am - IP Logged

                      A million dollar ain't <snip>. You only get $600,000 after taxes. You can't even buy a ferrari and a condo. If you do, you won't get <snip> left. Megamillion is the big <snip>. You win that <snip>, you rich for life and I know I will win that <snip> soon.

                      This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

                        Elizabeth03's avatar - cat anm.gif
                        Nova Scotia
                        Canada
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                        December 27, 2004
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                        Posted: April 2, 2009, 12:41 pm - IP Logged

                        I know that if I won a large sum of money, I would move out of the house I have been in for over 26 years, I definitely want different scenery, also I would take a vacation and enjoy myself,  I can be a frugal person too,.... but I'd want to enjoy my life more as well..

                         

                        Drum

                          TheGameGrl's avatar - character catafly.jpg
                          A long and winding road
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                          Posted: April 2, 2009, 2:53 pm - IP Logged

                          Perhaps I constitute her money saving tactics as budget friendly , yet broadering on miserly. Not a fan of hoarding money for a rainy day when you live in a sunny state of existance.

                          I envy ( in a positive way) her ability to be so disciplined with her savings and wanting to show her family the value of a dollar.

                          Reckon all it take is one family members health to decline and there goes the nest egg.....

                          ~~Is it true, Is it kind,Is it necessary. ~~~

                           Thanks be to the giving numbers: 1621,912,119 02014

                            konane's avatar - wallace
                            Atlanta, GA
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                            Posted: April 2, 2009, 6:54 pm - IP Logged

                            Her frugal mindset is admirable, teaching her kids well in an uncertain economy. Clark Howard, Atlanta's consumer guru loves Plato's Closet and other used clothing stores, great deals can be found there.

                            She may be keeping her job due to insurance through her employer ... no knowledge of fact, only speculation. 

                            Old car is better than no car for the niece, let niece get a job and use that one as a trade in.

                            Congratulations and much luck to her!!!

                            Good luck to everyone!