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UK lottery winner says he's happier now that the money's gone

Topic closed. 31 replies. Last post 2 years ago by Teddi.

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NJJim's avatar - Lottery-026.jpg
Bergen County NJ
United States
Member #104849
January 21, 2011
441 Posts
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Posted: November 14, 2014, 4:03 pm - IP Logged

I would be scared to death to win the Mega Millions or PowerBall, though I do buy a ticket of each.  I've read many places that at such high odds buying more than one ticket does you no good!    I tell myself I would avoid buying ridiculous things like planes and giraffes but I know I'd have to spent a fortune to get a gated estate with security and other measures to protect my family...people would want to home invade or grab your kids and crazy crap like that.

But you never know what changes you.    Its like as a man, and a married man for 28 years, I have no idea what its like to have gorgeous women, even celebrity women all of a sudden be open to what ever I want.  Rock Stars, upper echelon athletes, rich guys in general, I can't see how they resist temptation. I'd want to give to the poor, but it would only be a temporary stopgap.  If the government can't devise a solid plan to get the desperately poor out of the trap they are in or have been in generation after generation throw more money at it, especially MY money, does not seem wise.  My own siblings, uncles and aunts etc... would have a one shot financial boost - no one will be living off me and not appreciate it and better themselves after an initial gift.

Seems so simple: three digits, 168 to one odds when boxed... all you have to do is pick the right ones!

    maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
    Massachusetts
    United States
    Member #37433
    April 14, 2006
    2747 Posts
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    Posted: November 14, 2014, 6:22 pm - IP Logged

    Miss Fortune sure knows how to track anybody who has been been visited by Lady Luck. She must be her evil twin sister.  The UK guy is lucky because some winners end up dead

    That money's gone fo ever

      Avatar

      United States
      Member #138675
      February 3, 2013
      48 Posts
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      Posted: November 14, 2014, 11:16 pm - IP Logged

      I wish I was "cursed" with millions of dollars.

      Me too. Those tragic stories of lotto winners could be avoided if one won the lottery, he/she should carry on as normally a life as he/she had been doing, then figure out in a careful manner what one should do with that windfall of money in about a couple of months or maybe years. These lotto winnings remind me after her defeat of Serena Williams at Wimbledon in 2004, in a couple of interviews, she said, she had wired the money she had won to her bank and "forgot" all about it. Since, then, besides her other attributes, that attitude has enabled her to become one of the most successful athletes to date, at least in monetary terms. Maybe, if lotto Jackpot winners adopted a similar attitude, they could be very successful in managing their monetary gains.


        United States
        Member #106134
        February 13, 2011
        806 Posts
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        Posted: November 15, 2014, 12:40 am - IP Logged

        Is it just me or does it seem like the UK has a higher proportion of morons that win?

        Sure seems like it.

        Anyway, yeah you should live modestly on something like a $10 mil jp win.  If that's all you have, you're not wealthy, just upper middle class.

        Planes, Ferraris and such are toys meant for BILLIONAIRES.  They never stop to think that an oil change on a Ferrari is like $750.  Fuel and a pilot for your plane can run over $100,000 a year.  Don't forget property taxes...ugh I can't even imagine how badly your local government would bend you over! Lol

        Oh and last thing, just stay the hell away from running any type of business!  The only exception is that maybe it's OK if you've ran successful businesses for many years already, but if you have no experience just say NO!

          RedStang's avatar - tallman zps6gf4inoc.jpg
          NY
          United States
          Member #121961
          January 21, 2012
          3157 Posts
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          Posted: November 15, 2014, 1:00 am - IP Logged

          Miss Fortune sure knows how to track anybody who has been been visited by Lady Luck. She must be her evil twin sister.  The UK guy is lucky because some winners end up dead

          The UK guy is lucky because some winners end up dead                                                                                         

          If this was the story of my life i would jump off a bridge with no water below it.

            HaveABall's avatar - rocket

            United States
            Member #72448
            March 18, 2009
            1228 Posts
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            Posted: November 15, 2014, 1:36 am - IP Logged

            I Agree!....not too bright though. Who in their right mind purchases a helicopter & a plane on a $10 mil jackpot win?

            Great question, noise-gate.  Perhaps a wealthy individual who thinks of only/mainly them self.  This young adult [at time of win] person should have imagined the $10M net income being evenly divided by FIVE people (his immediate family). Then he would have understood that he only had up to $2M to IMMEDIATELY spend on a new family: trusts, living trust, pour-over will, $1M life insurance policy for he and also $1M for his wife, 5-bedroom house, two large fully-loaded medium priced vehicles, groceries, utilities, home electronics, home furnishings, school tuition, dental insurance, health insurance, weekly family-bonding outing afternoon, and clothing.  All purchases after that first 12 months should have only been spent from some INTEREST off the remaining $8M+ principle -- working off 55-year+ budget that all members of this immediate family lived until age 100 years old.

            Of course, it is possible that this woman knew about this man's violent and criminal past/present [and possibly current leaning] BEFORE she lived with him and unwisely created three children with him!

            Group Hug

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

            Disney


              United States
              Member #106134
              February 13, 2011
              806 Posts
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              Posted: November 15, 2014, 10:29 am - IP Logged

              I wish I was "cursed" with millions of dollars.

              Exactly! LOL

              It's only a curse if you're a fool who tries to live like a billionaire.  If you win and live a middle class lifestyle you'll be OK.

                savagegoose's avatar - ProfilePho
                adelaide sa
                Australia
                Member #37136
                April 11, 2006
                3300 Posts
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                Posted: November 15, 2014, 9:09 pm - IP Logged

                I wish I was "cursed" with millions of dollars.

                some great posts i wish i could reply  to you all,   try wishing to be " blessed" by a $1 mill win. i hear blessings are better than curses. 

                 

                and Miss Fortune and Lady Luck being sisters, im stealing that

                2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                  veganlife125's avatar - Lottery-061.jpg

                  United States
                  Member #142777
                  May 18, 2013
                  263 Posts
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                  Posted: November 15, 2014, 10:32 pm - IP Logged

                  No one is happy to be back broke! What a provarication by this dude and all the others who say it!  He would take the money again if it was offered! LOL   80% of people are broke because they have no genetic tendencies to save or be a tight wad.  Keeping money is a born talent just like dunking a basketball or singing really well.

                  You want to meet born tight wads that would keep a big lottery win?  Get up early on Saturday mornings and hit the garage sale circuit.  you will see the same savers, coupon clippers, and tight wads week after week after week.

                  You want to meet born spenders that would lose a big lottery win?  Get out on Saturday nights at the big chain restaurants and watch those same people spend like crazy week after week after week. 

                  Of course i understand the commercial value of stories like this because envious broke spenders enjoy hearing when others lose it all.

                  P.S Extra:  Speaking of the effects of big money in a negative connotation for the whole country instead of one person consider this.  All those millions of people out chowing down on meat & oil have brought the country to bankruptsy.  Half the trillion dollar a year over budget spending we do is made up of heart stints and heart bypass surgeries given for free to seniors and others on Medicare/Medicade that we can't afford with the taxes taken in.  These people could have prevented this with a plant based diet.  Kennedy once asked what you can do for your country.  How about eating better not only for your health but for the financial health of the country?  When you give in to your taste buds long enough eventually its going to feel like an elephant is sitting on your chest.

                  Don't forget to visit the Lottery Post Gift Shop!

                    helpmewin's avatar - dandy
                    u$a
                    United States
                    Member #106665
                    February 22, 2011
                    19782 Posts
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                    Posted: November 16, 2014, 6:28 am - IP Logged

                    Green laugh

                    Let it Snow Snowman

                      Teddi's avatar - Lottery-008.jpg

                      United States
                      Member #142499
                      May 13, 2013
                      1182 Posts
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                      Posted: November 16, 2014, 4:22 pm - IP Logged

                      Okay, I'm immersing myself in the Power of Positive thinking and LOA so I'm 99% sure I'm not allowed to call this guy a dumba$$, besides, even if I could, apparently how it works is that calling him a dumbass lottery winner will only bring more dumbass lottery winners and while I do find these stories somewhat entertaining, overall their stupidity gets on my nerves.

                      Questions/Observations

                      • Is he confused as to whether his win was a blessing or curse? He says it was a blessing he won because of what he was about to get himself involved in and that it's also a blessing that he lost everything, so it was a blessing that he won, a blessing that he lost it all where does the curse part come in?
                      • How does a person get $10 million, tax free and not think to put anything aside in a savings account, retirement account or even to get a little condo somewhere as (if not a safety net then as a) rental property.
                      • If I've said it once, I've said it a thousand times, there is no excuse for a Jackpot winner to be homeless...NONE. Even if they can't live in a mansion, there is no excuse for them to be on the street. They have the unique experience of having more than a lifetime of money upfront. They are not relying on a paycheck from a company that may go bankrupt or having to spend their life savings on medical care. If they see their money dwindling all they have to do is simply SPEND LESS!!!!
                        • And if spending less and selling off the extravagant purchases aren't enough, how about combining that with getting a job BEFORE all the money runs out? I know it sucks to go back to doing regular work after being a multi-millionaire and being waited on hand and foot, but isn't that preferable to sleeping on the street?
                        Teddi's avatar - Lottery-008.jpg

                        United States
                        Member #142499
                        May 13, 2013
                        1182 Posts
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                        Posted: November 16, 2014, 4:52 pm - IP Logged

                        Exactly! LOL

                        It's only a curse if you're a fool who tries to live like a billionaire.  If you win and live a middle class lifestyle you'll be OK.

                        Amen. Honestly, I am so sick and tired of these jackpot winners claiming that money is a curse. The money is NEVER cursed. Poor decision making skills, nonexistent money management and lack of impulse control are what the curse is. But those are all curses they had before they won. The money only shone a spotlight on it.

                        From deposited funds to bankruptcy, that money was a blessing. If nothing else his kids got a better life, innocent people never got robbed at gunpoint and he's now a better person than he was before. I can think of no way that his win was actually a curse. Blessing, blessing, blessing.

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                          New Member

                          United Kingdom
                          Member #160581
                          November 2, 2014
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                          Posted: November 17, 2014, 3:10 am - IP Logged

                          That's just sad Unhappy

                            pantherestates's avatar - Lottery-061.jpg
                            sherman oaks
                            United States
                            Member #157425
                            July 18, 2014
                            28 Posts
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                            Posted: November 18, 2014, 1:52 am - IP Logged

                            This dude is a straight up idiot!He had a beautiful blessing and he just blew it...where he is at now he sure does deserve to be there.

                            I'M A WINNER!!!!!!!!Drum

                              Bondi Junction
                              Australia
                              Member #57242
                              December 24, 2007
                              1102 Posts
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                              Posted: November 18, 2014, 8:27 pm - IP Logged

                              Rule 1 

                              Do not go public, keep your anonymity. Going public attracts the wrong sort of people.

                               

                              Get professional legal and financial advice and enjoy your financial freedom in peace and quiet.

                              We all get a lot out of lotteries!