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Missouri Powerball winners live modestly, give back to hometown

After the Big WinAfter the Big Win: Missouri Powerball winners live modestly, give back to hometown
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CAMDEN POINT, Missouri — Three months after winning half of the biggest Powerball lottery jackpot in U.S. history, Mark Hill still meets friends for morning coffee at a local convenience store.

And that Camaro sports car Hill considered buying with his winnings? He got a pick-up truck instead.

While some lottery winners fritter away their fortunes or meet tragic ends, not much has outwardly changed for Mark and Cindy Hill since they won half of a $587 million Powerball jackpot in November. They netted $136.5 million in a lump-sum payment after taxes.

"They are very conservative people," said Walt Stubbs, a friend and former high school classmate of the Hills. "They are doing some really nice things for the community and they've taken care of their family."

The Hills are giving money to civic projects in Mark Hill's hometown of Camden Point, Missouri, and still live in nearby Dearborn, Missouri, as they did before winning the jackpot.

The Hills will pay for a new Camden Point fire station and ball field and gave the town more than $50,000 to buy land for a new sewage treatment plant that will eventually allow residents to give up individual septic tanks, Mayor Kevin Boydston said.

"I've said all along that these lottery winnings could not have gone to a better couple," Boydston said. "They are giving back to the community, just like they said they would."

Camden Point has fewer than 500 residents and is wedged into hills in a rural area about 30 miles north of Kansas City. Its downtown has a series of mostly empty brick buildings.

Stubbs, chief of the area's volunteer fire department, said the new station is planned to connect directly to main roads, a major improvement on the current fire hall, which does not have quick access to highways.

"It's a situation where if we had to do it ourselves, it would take 25 years," Stubbs said.

The winning couple graduated from North Platte High School in Dearborn and have donated to a scholarship fund at that school.

The Hills, in their early 50s, told reporters at a news conference after winning the lottery they would stay in the area and give a lot of the money away. Mark Hill quit his job as a mechanic. Cindy Hill was out of work at the time.

"I'm real proud of them," said Shirley Hill, Mark Hill's mother. "They have stayed grounded. That's their nature."

Winning can be a burden

History is replete with lottery winners whose lives have gone sour after becoming rich.

The National Endowment for Financial Education cites research estimating that 70 percent of people who suddenly receive a large sum of money will lose it within a few years.

In 2002, Jack Whittaker — already a millionaire — won $315 million in a lottery in West Virginia. Just four years later he claimed to be broke. Whittaker gave away millions of dollars, but people also stole hundreds of thousands of dollars from him and he lost a granddaughter to a drug overdose.

Last year, Urooj Khan died just two months after winning $1 million in the Illinois lottery, from what initially appeared to be natural causes. Toxicology tests run at a relative's request found cyanide poisoning. Police are now investigating his death as a homicide.

Maintaining a stable life such as the Hills are attempting is difficult, said Don McNay, author of "Life Lessons from the Lottery" who has studied winners of big money for 30 years.

"They are beyond exception," McNay said.

Most ordinary people who come into large sums of money become victims of their own lack of financial savvy or discipline, McNay said. People also come under great pressure from friends, relatives and a host of others wanting money.

Missouri Lottery spokeswoman Susan Goedde said the vast majority of lottery winners from the state were "doing great" and if they were good money managers before, they would be after.

"Circumstances may change, they may not work anymore and they have the freedom to travel," Goedde said. "But if they clipped coupons before winning the lottery, they will do it after winning."

News story photo(Click to display full-size in gallery)

Thanks to rdgrnr for the tip.

Reuters

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48 comments. Last comment 4 years ago by jamella724.
Page 1 of 4
dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
Oklahoma
United States
Member #82391
November 12, 2009
6290 Posts
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Posted: February 25, 2013, 7:41 am - IP Logged

Such a lovely couple, may GOD protect them & watch over them. Blue Angel

I Love Pink & Green 1908

    HaveABall's avatar - rocket

    United States
    Member #72448
    March 18, 2009
    1228 Posts
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    Posted: February 25, 2013, 9:01 am - IP Logged

    I'm glad that the massive half-split Powerball jackpot winners, the Hills, are doing well 1.5 months after receival into their checking account of all lottery monies.  They have certainly been dispersing very large millions of dollars during this time. 

    Possibly, the Hills are now at the point of being done with those local charity works spendings, and now have less demanding focuses of a:  clothes shopping spree with family and friends, quarterly time share luxury housing in San Diego, bigger local home construction, upgraded home furnishings, and larger family vehicle to dispense monies towards the rest of this year. Come next year, they'll probably, happily, be able to create the conservative consistent monthly/annual budget (and maintain that with a 3% increase each year over the next 50 years) that they'll soon be craving!

    I seek to become financially independent, like them, this year.

    Party

    Having several millions of dollars in my financial accounts means receiving several valuable services each day!

    Disney

      HoLeeKau's avatar - YheaShea
      Idaho
      United States
      Member #94283
      July 17, 2010
      2284 Posts
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      Posted: February 25, 2013, 10:56 am - IP Logged

      This is the first time I've seen an estimate of how many suddenly wealthy people go broke.  Seventy percent sounds high to me.  That's kinda shocking.

        RedStang's avatar - tallman zps6gf4inoc.jpg
        NY
        United States
        Member #121961
        January 21, 2012
        3157 Posts
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        Posted: February 25, 2013, 10:59 am - IP Logged

        I would'nt need the fancy stuff. Never having to work for someone else is my favoriate perk. The only thing i would give my town is a See Ya!.


          United States
          Member #108380
          March 25, 2011
          505 Posts
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          Posted: February 25, 2013, 11:57 am - IP Logged

          there have been some that have frittered it away and these people are overly conservative at the other spectrum. 50k for land for a sewage treatment plant? why not spring for the sewage treatment plant itself if they are so eager to help the community. the ball field will cost peanuts (for them). the fire station would seem to be a bigger donation but what is the point of playing the lottery if you don't at least indulge in blowing 3-5% of it (especially at their age) on some foolishness, considering the large amount of dough that they have. you don't have to be a jack whittaker or allow yourself to be poisoned if you win but there must be a middle road somewhere that allow you to pour some of it back into the economy. i'm sure whoever inherits their fortune will help spread the cash around a little better than these belt tightening conservative midwesterners. it would seem that the interest alone on this 136 million would allow for some extravagent spending. it is their right of course, but sitting in their yard staring at their mine stripped countryside every day seems to be a waste. why not invest in those closed storefronts in that backwoods town and give people jobs to boost the economy to take the blight out of that community since they are hell bent on continuing to still live there. i guarantee that there is some resentment in that community about them not sharing the wealth at the very least to a small degree. some financial planner is probaby making more off them and spending more than they and the entire town is.

            maximumfun's avatar - Lottery-030.jpg
            Lavender Rocket

            United States
            Member #124616
            March 16, 2012
            2642 Posts
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            Posted: February 25, 2013, 12:25 pm - IP Logged

            there have been some that have frittered it away and these people are overly conservative at the other spectrum. 50k for land for a sewage treatment plant? why not spring for the sewage treatment plant itself if they are so eager to help the community. the ball field will cost peanuts (for them). the fire station would seem to be a bigger donation but what is the point of playing the lottery if you don't at least indulge in blowing 3-5% of it (especially at their age) on some foolishness, considering the large amount of dough that they have. you don't have to be a jack whittaker or allow yourself to be poisoned if you win but there must be a middle road somewhere that allow you to pour some of it back into the economy. i'm sure whoever inherits their fortune will help spread the cash around a little better than these belt tightening conservative midwesterners. it would seem that the interest alone on this 136 million would allow for some extravagent spending. it is their right of course, but sitting in their yard staring at their mine stripped countryside every day seems to be a waste. why not invest in those closed storefronts in that backwoods town and give people jobs to boost the economy to take the blight out of that community since they are hell bent on continuing to still live there. i guarantee that there is some resentment in that community about them not sharing the wealth at the very least to a small degree. some financial planner is probaby making more off them and spending more than they and the entire town is.

            what are you talking about... they ARE spreading it around and ARE being generous... to whom are you comparing them to that you are saying that they are NOT being generous?  and the list that was printed... it never said it was the definitive list of what they did/were doing with their money, the couple may very well be planning other activities - also altruistic in nature.

              helpmewin's avatar - dandy
              u$a
              United States
              Member #106665
              February 22, 2011
              19797 Posts
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              Posted: February 25, 2013, 1:28 pm - IP Logged

              Good for them Lovies GIVE wisely

              Let it Snow Snowman

                OldSchoolPa's avatar - Lottery-057.jpg
                Gurnee, Illinois
                United States
                Member #49731
                February 12, 2007
                917 Posts
                Offline
                Posted: February 25, 2013, 1:33 pm - IP Logged

                there have been some that have frittered it away and these people are overly conservative at the other spectrum. 50k for land for a sewage treatment plant? why not spring for the sewage treatment plant itself if they are so eager to help the community. the ball field will cost peanuts (for them). the fire station would seem to be a bigger donation but what is the point of playing the lottery if you don't at least indulge in blowing 3-5% of it (especially at their age) on some foolishness, considering the large amount of dough that they have. you don't have to be a jack whittaker or allow yourself to be poisoned if you win but there must be a middle road somewhere that allow you to pour some of it back into the economy. i'm sure whoever inherits their fortune will help spread the cash around a little better than these belt tightening conservative midwesterners. it would seem that the interest alone on this 136 million would allow for some extravagent spending. it is their right of course, but sitting in their yard staring at their mine stripped countryside every day seems to be a waste. why not invest in those closed storefronts in that backwoods town and give people jobs to boost the economy to take the blight out of that community since they are hell bent on continuing to still live there. i guarantee that there is some resentment in that community about them not sharing the wealth at the very least to a small degree. some financial planner is probaby making more off them and spending more than they and the entire town is.

                That line about investing in those empty storefronts only make sense if they have done due diligence to identify a viable business plan. To do otherwise and pour good money into those empty shells would be the socialist approach Obama is taking in throwing our tax dollars to those failing green energy companies. Not smart at all. I would not criticize them since at least it seems they are being responsible and even keeled...much more than can be said of our president.

                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!

                  rdgrnr's avatar - walt
                  Way back up in them dadgum hills, son!
                  United States
                  Member #73904
                  April 28, 2009
                  14903 Posts
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                  Posted: February 25, 2013, 3:06 pm - IP Logged

                  There are still a lotta good people in this country.

                  God bless these nice people.


                                                               
                                       
                                                           

                   

                   

                   

                   

                                                                                                                     

                  "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                              --Edmund Burke

                   

                   

                    mightwin's avatar - questns

                    United States
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                    January 5, 2011
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                    Posted: February 25, 2013, 3:06 pm - IP Logged

                    Hopefully they can continue with the normal day to day and have their privacy.

                      Artist77's avatar - batman14

                      United States
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                      January 16, 2012
                      4788 Posts
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                      Posted: February 25, 2013, 4:55 pm - IP Logged

                      there have been some that have frittered it away and these people are overly conservative at the other spectrum. 50k for land for a sewage treatment plant? why not spring for the sewage treatment plant itself if they are so eager to help the community. the ball field will cost peanuts (for them). the fire station would seem to be a bigger donation but what is the point of playing the lottery if you don't at least indulge in blowing 3-5% of it (especially at their age) on some foolishness, considering the large amount of dough that they have. you don't have to be a jack whittaker or allow yourself to be poisoned if you win but there must be a middle road somewhere that allow you to pour some of it back into the economy. i'm sure whoever inherits their fortune will help spread the cash around a little better than these belt tightening conservative midwesterners. it would seem that the interest alone on this 136 million would allow for some extravagent spending. it is their right of course, but sitting in their yard staring at their mine stripped countryside every day seems to be a waste. why not invest in those closed storefronts in that backwoods town and give people jobs to boost the economy to take the blight out of that community since they are hell bent on continuing to still live there. i guarantee that there is some resentment in that community about them not sharing the wealth at the very least to a small degree. some financial planner is probaby making more off them and spending more than they and the entire town is.

                      OH come on now.  This is not a 3rd world country and I am sure the city will get tax breaks for building a plant and I give the winners credit for getting this whole thing going. Giving to charity is not always about just writing the biggest checks but using the money wisely so it will have a followup effect ("seed" money). I think they seem to be making deliberate and wise choices. Would you prefer they throw millions at starting their own movie studio and attempt to "brand" themselves like Cynthia Stafford?  A jackpot win allows you the freedom to make your own choices. I would approach it in the exact same way the are doing.

                      J'aime La France.

                        Artist77's avatar - batman14

                        United States
                        Member #121745
                        January 16, 2012
                        4788 Posts
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                        Posted: February 25, 2013, 5:01 pm - IP Logged

                        That line about investing in those empty storefronts only make sense if they have done due diligence to identify a viable business plan. To do otherwise and pour good money into those empty shells would be the socialist approach Obama is taking in throwing our tax dollars to those failing green energy companies. Not smart at all. I would not criticize them since at least it seems they are being responsible and even keeled...much more than can be said of our president.

                        Amen.

                        J'aime La France.


                          United States
                          Member #108380
                          March 25, 2011
                          505 Posts
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                          Posted: February 25, 2013, 5:44 pm - IP Logged

                          Amen.

                          it's not like they only have 10 million to throw around. they have 130 million. they could rebuild that entire town if they so desired. get a tax credit in a town of 400 people. i don't think it matters one iota. they need to loosen up the grip on this money somehow somewhere. i know they don't have to if they don't want to but they should release the valve that holds the cash.

                            Coin Toss's avatar - shape barbed.jpg
                            Zeta Reticuli Star System
                            United States
                            Member #30470
                            January 17, 2006
                            10351 Posts
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                            Posted: February 25, 2013, 6:00 pm - IP Logged

                            Good for the winners. Passing up the Camaro for a pick up shows he's using his head. Both might have cost the same, or the pick up may have been more, but it will prove way more versatile.

                            _______________________________________

                            This, from the OP:

                            Winning can be a burden

                            History is replete with lottery winners whose lives have gone sour after becoming rich.

                            The National Endowment for Financial Education cites research estimating that 70 percent of people who suddenly receive a large sum of money will lose it within a few years.

                            Makes me wonder. Let's say you won enough that you got $100M after taxes, and just for the sake of discussion you decided to give six people $1M each.

                            70% of 6 is 4.2 so we'll call that 4 people. Statistically, according to this anyway, 4 of the 6 you gave $1M to will lose it. Guess what theyr're going to do when they lose it. They're going to come back yto you and ask for more.

                            "Man you still have tens of millions, slap another mil on me, be a buddy."

                            Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                            Lep

                            There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.