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Georgia Mega Millions jackpot winner comes forward

Topic closed. 121 replies. Last post 3 years ago by jamella724.

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Jon D's avatar - calotterylogo
Los Angeles, California
United States
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January 5, 2011
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Posted: December 21, 2013, 7:45 pm - IP Logged

Amen!! I say Amen!! lol

I've thought the samething and ended up with the same answer.

Funny how people also say when they win they will get their financial "team" together.

You win all this money all of a sudden you need a "team" of lawyers and advisers?

 

I watched an ESPN documentary called "BROKE", the things some of these athletes

invested in with the help of a financial advisor is just crazy!!

Yep, beware of the wolf in sheep's clothing. Or in this case, the wolf in a 3-piece suit driving a Mercedes!

People worry about strangers coming after their money following a lottery win. Well, how about a trusted advisor you allow into your inner circle? They can do far more damage. I've seen stories of lottery winners committing suicide after their financial advisor ran away with all their money.

If in doubt, just trust in yourself.

Ira Curry is a Vice President in a major corporation Aspen Insurance. I think she's probably got it under control. Wink

    Jill34786's avatar - Lottery-006.jpg
    Windermere, FL/Franklin, TN
    United States
    Member #50210
    March 1, 2007
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    Posted: December 21, 2013, 9:25 pm - IP Logged

    Yep, beware of the wolf in sheep's clothing. Or in this case, the wolf in a 3-piece suit driving a Mercedes!

    People worry about strangers coming after their money following a lottery win. Well, how about a trusted advisor you allow into your inner circle? They can do far more damage. I've seen stories of lottery winners committing suicide after their financial advisor ran away with all their money.

    If in doubt, just trust in yourself.

    Ira Curry is a Vice President in a major corporation Aspen Insurance. I think she's probably got it under control. Wink

    I wouldn't  exactly call a small insurance brokerage firm with fewer than 10 employees a major corporation.

    ** Some people fulfill their dreams by receiving entitlements from the Government while others wake up and work hard for it! **

      Jon D's avatar - calotterylogo
      Los Angeles, California
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      Posted: December 21, 2013, 9:54 pm - IP Logged

      I wouldn't  exactly call a small insurance brokerage firm with fewer than 10 employees a major corporation.

      My mistake, I thought this was the Aspen she worked for:

      http://www.aspen.co/About-Aspen/

      Aspen Insurance Holdings Limited is a leading company in the industry, with
      assets of $10.3 billion at the year ended 31 December 2012 and more than 830
      employees in eight countries.

      You have a different Aspen that she works for, please provide link, thanks.

        Jill34786's avatar - Lottery-006.jpg
        Windermere, FL/Franklin, TN
        United States
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        March 1, 2007
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        Posted: December 21, 2013, 10:08 pm - IP Logged

        My mistake, I thought this was the Aspen she worked for:

        http://www.aspen.co/About-Aspen/

        Aspen Insurance Holdings Limited is a leading company in the industry, with
        assets of $10.3 billion at the year ended 31 December 2012 and more than 830
        employees in eight countries.

        You have a different Aspen that she works for, please provide link, thanks.

        Sorry, this was the one I found. It states that her office has fewer than 10 employees.

        http://www.manta.com/c/mt9y9j6/aspen-specialty

        It appears she works in a field office for the mother company which is indeed quite large as you had previously mentioned.

        ** Some people fulfill their dreams by receiving entitlements from the Government while others wake up and work hard for it! **

          Saylorgirl's avatar - Lottery-065.jpg
          Indiana
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          June 13, 2012
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          Posted: December 22, 2013, 8:46 am - IP Logged

          Yep, beware of the wolf in sheep's clothing. Or in this case, the wolf in a 3-piece suit driving a Mercedes!

          People worry about strangers coming after their money following a lottery win. Well, how about a trusted advisor you allow into your inner circle? They can do far more damage. I've seen stories of lottery winners committing suicide after their financial advisor ran away with all their money.

          If in doubt, just trust in yourself.

          Ira Curry is a Vice President in a major corporation Aspen Insurance. I think she's probably got it under control. Wink

          According to the Aspen insurance web page she is a "property underwritting manager".  While she possibly has a good job I don't think she is one of the "higer ups" in Aspen Insurance.  The Atlanta branch is very small.

            Jon D's avatar - calotterylogo
            Los Angeles, California
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            Posted: December 22, 2013, 9:11 am - IP Logged

            According to the Aspen insurance web page she is a "property underwritting manager".  While she possibly has a good job I don't think she is one of the "higer ups" in Aspen Insurance.  The Atlanta branch is very small.

            I just said she was a VP, didn't say she was high up in the corp, which I'm sure she's not.

            There's usually only one president, but VPs are a dime a dozen. A major corp can have a TON of VPs, ranging anywhere from 5 figure to 7 figure salaries, with wildly varying levels of importance. Her boss, a senior VP (another subclass) gave an interview and further information:

            http://www.propertycasualty360.com/2013/12/19/mega-millions-jackpot-winner-is-insurance-professi

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              Portland, OR
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              August 20, 2013
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              Posted: December 22, 2013, 2:48 pm - IP Logged

              I think i may have asked myself that very same question a million times and the only reason i can think of is because "they" said so. lol!! What amazes me the most are people with 20, 30, 80, 100+ million who cannot find comfort in simply knowing that they have enough cash to last themselves and their families a lifetime. Instead what do they do? They go seeking financial "advice" about how to make an extra $500K or another million or two and get themselves into all sort of financial products thay they dont even understand. I still dont get what is so wrong with getting your cash (in this case $100+ million), put most of it into the 5 largest banks in the nation, we already they will not fail for the most part. Put your cash on a CD/money market and let it grow until they figure things out for themselves. Some of these financial advisors / laywers are some of the worst out there. Sometimes far worse than the guy on the corner trying to get a few thousand off of you. Simply get your cash, park it in a few banks then slowly make your decisions. The important decisions that need to be made will take months upon months anyway, and although you have 180 days to claim your prize, you only have 60 days to choose between the cash or annuity in most States.

              People always point at athlethes, lottery winners and entertainers with derision because so many of them end up broke. What most ignore is that MOST of these people at some point got bad financial advice or in some cases were robbed by managers, financial advsiors, lawyers. We overstate the relevance and importance of some of these people and fail to acknowledge that some are more ruthless than the gangsters out there. Who is more likely to get her into trouble? A family member/friend wanting a mercedes or a lawyer with access to her Trusts? A bad family business idea or a finacial advisior who robs her blindly under the guise of professional advice? The more i think of it, the more i LOVE what she did. GO GET IT IRA!!!!

              "People always point at athlethes, lottery winners and entertainers with derision because so many of them end up broke. What most ignore is that MOST of these people at some point got bad financial advice or in some cases were robbed by managers, financial advsiors, lawyers."

              I guarantee you that 99.9% of them ended up broke because they lived beyond their means and didn't follow the financial advice.  In other words, their own fault; didn't use their head.  Financial advisors, lawyers and other help are essential for a lottery winner.  A small mistake can cost hundreds of thousands and even millions of dollars.  Example. Money gifting.

              "Understand... people are more complicated than the masks they wear in society... everyone is playing to win, and some people will use moral justifications to advance their side"

                                                                                                                                                                        Robert Greene

                Lucky4Life's avatar - batman14

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                Posted: December 22, 2013, 5:09 pm - IP Logged

                "People always point at athlethes, lottery winners and entertainers with derision because so many of them end up broke. What most ignore is that MOST of these people at some point got bad financial advice or in some cases were robbed by managers, financial advsiors, lawyers."

                I guarantee you that 99.9% of them ended up broke because they lived beyond their means and didn't follow the financial advice.  In other words, their own fault; didn't use their head.  Financial advisors, lawyers and other help are essential for a lottery winner.  A small mistake can cost hundreds of thousands and even millions of dollars.  Example. Money gifting.

                exactly.  I see all. the. time. on websites people  saying, oh if I won i would buy all my family houses and cars and give them a million each.  I think to myself well then you will end up with exactly what you deserve:  Nothing.  You can't just go into it all willy nilly and come out ok.  Research and educate yourself on any new situation and you will always prevail.

                  DDOH937's avatar - Lottery-062.jpg

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                  December 4, 2013
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                  Posted: December 22, 2013, 8:27 pm - IP Logged

                  "People always point at athlethes, lottery winners and entertainers with derision because so many of them end up broke. What most ignore is that MOST of these people at some point got bad financial advice or in some cases were robbed by managers, financial advsiors, lawyers."

                  I guarantee you that 99.9% of them ended up broke because they lived beyond their means and didn't follow the financial advice.  In other words, their own fault; didn't use their head.  Financial advisors, lawyers and other help are essential for a lottery winner.  A small mistake can cost hundreds of thousands and even millions of dollars.  Example. Money gifting.

                  Your point is well taken. But Millions upon millions of people go broke or end up in financial ruin due to overspending. Doesnt matter if you make $100 million or $35K. Spending more than you make is a sure way to end up broke. Not sure about you, but i certainly dont need a lawyer or financial planner to tell me that if i make $50 per day and spend $75 that it will lead to a sad ending. The point i was trying to convey was that YES, financial planning is important and can be of significant value with assistance from a professional or professionals. But there is no need for Ira to be critized for getting her cash first, then pursuing that route.  Also the point i was trying to make was that one should not assume that advice received from a 'professional' is always going to be in their beat interest. There are just way too many examples of well meaning, uninformed individuals who are taken for a ride by lawyers and financial professionals. And no, your 99.9% example is completely wrong. Many people overspend, in fact one could argue that we all do. But i personally know of people who got ripped off and misled by who were otherwise considered well reputed professionals.

                  "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

                    DDOH937's avatar - Lottery-062.jpg

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                    Posted: December 22, 2013, 8:36 pm - IP Logged

                    exactly.  I see all. the. time. on websites people  saying, oh if I won i would buy all my family houses and cars and give them a million each.  I think to myself well then you will end up with exactly what you deserve:  Nothing.  You can't just go into it all willy nilly and come out ok.  Research and educate yourself on any new situation and you will always prevail.

                     "Research and educate yourself on any new situation and you will always prevail."

                     

                    And therein lies the key. Some people would make it sound like all people with sudden money need to do was to gather a "team". Whats  the point in gathering a team if you have no clue what they are leading/guiding you into??? Or if they can be trusted. These types of financial/legal relationships takes a long time to develop so again, no point in others critizing her for getting the cash upfront asap and then going forward from there. I'm certainly not going to gather some "team" before i even have the cash in hand. These decisions should be slow, researched, debated, deliberated on for quite some time before deciding what investments to undertake.

                    "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

                      fja's avatar - gnome1

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                      Posted: December 23, 2013, 6:15 am - IP Logged

                      For those of you that have "Netflix" I suggest watching the documentary "BROKE".  Its about athletes and their money...It was pretty sad for some of them>>>>

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

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                        boston,ma
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                        December 15, 2013
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                        Posted: December 23, 2013, 8:38 am - IP Logged

                        For those of you that have "Netflix" I suggest watching the documentary "BROKE".  Its about athletes and their money...It was pretty sad for some of them>>>>

                        I saw this documentary, it was pretty good. I only wish they would of focus more on certain individuals and give specific details about how they lost they money. The show did alot of jumping from one person to the next, sometimes spending a few seconds on someone then bouncing to someone else.

                          Gleno's avatar - Lottery-001.jpg
                          New Jersey
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                          September 25, 2009
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                          Posted: December 23, 2013, 10:49 am - IP Logged

                          December 23, 2013 

                          Her strategy of buying one ticket was a very smart approach to playing. My New Year resolution is to use her idea, one ticket, for each game. 
                          Trying too hard to select the winning numbers is a losing proposition, but it does pump up the jackpot, for sure. A shamed to say that yours truly,spent ten dollars on this drawing. ;-( .

                          Know many will continue to buy as much as they can afford for each jackpot. More power to those folks. Was dumb struck to see folks on TV holding wads of tickets in their hands that they just purchased before the drawing. No doubt many bought between ten to one hundred dollars worth of tickets because the jackpot was so hugh. Does anyone know who spent the most on this drawing ??

                          Hope she gets professional help from a  financial advisor, tax lawyer, avoids risky investments, and not change her lifestyle too much. She will no doubt need to move to another community, if only to create a distance from opportunists who seek to exploit her windfall. 

                          If she goes on a spending spree it will no doubt disappear quickly. Keeping her family and friends "in check" will be her most challenging feat. They will come out of the woodwork to ask for a hand out. If they are truly in need that is a different story, but she has to be prudent in her charity.

                          An education trust fund for her family members is a worthy pursuit to her legacy, if she wishes to leave a legacy for the future. 

                          Skepticism aside, Congratulations to the two big winners in their new found fortunes. Pray they can keep a level head and "be wiser than the serpent".

                          Happy Holiday greetings  to all our lottery post members and winners; and may 2014 be your winning year. 

                          Smiley Santa

                            DDOH937's avatar - Lottery-062.jpg

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                            Posted: December 23, 2013, 12:19 pm - IP Logged

                            December 23, 2013 

                            Her strategy of buying one ticket was a very smart approach to playing. My New Year resolution is to use her idea, one ticket, for each game. 
                            Trying too hard to select the winning numbers is a losing proposition, but it does pump up the jackpot, for sure. A shamed to say that yours truly,spent ten dollars on this drawing. ;-( .

                            Know many will continue to buy as much as they can afford for each jackpot. More power to those folks. Was dumb struck to see folks on TV holding wads of tickets in their hands that they just purchased before the drawing. No doubt many bought between ten to one hundred dollars worth of tickets because the jackpot was so hugh. Does anyone know who spent the most on this drawing ??

                            Hope she gets professional help from a  financial advisor, tax lawyer, avoids risky investments, and not change her lifestyle too much. She will no doubt need to move to another community, if only to create a distance from opportunists who seek to exploit her windfall. 

                            If she goes on a spending spree it will no doubt disappear quickly. Keeping her family and friends "in check" will be her most challenging feat. They will come out of the woodwork to ask for a hand out. If they are truly in need that is a different story, but she has to be prudent in her charity.

                            An education trust fund for her family members is a worthy pursuit to her legacy, if she wishes to leave a legacy for the future. 

                            Skepticism aside, Congratulations to the two big winners in their new found fortunes. Pray they can keep a level head and "be wiser than the serpent".

                            Happy Holiday greetings  to all our lottery post members and winners; and may 2014 be your winning year. 

                            Smiley Santa

                            Best wishes to you also Gleno. All the best for 2014. And may our lucky stars find us at a time of their choosing.

                            "It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer

                              Avatar
                              NY
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                              Posted: December 23, 2013, 1:41 pm - IP Logged

                              You should have had said in your first post that your mom's coworker's in-law "works for her" so I'd have known that your info came from such a highly reliable source.