Fear of Winning

Reply #28

powerplayer — Fri, 14 Oct 2005 09:05:14 GMT

Hello all,I would like to say I highly believe it is a displine action that needs to be taken when the jackpot of riches $$$ come a person's way. I am Jewish and I am good with my money but, yet very bad with it also at times. I do agree Jewish people handle there money very well as my parents did but, that is not true to every Jew out there. I wish it was!! It's a big mind over matter if you can handle that kind of money.As for freinds. I have one that said no matter how much she won she would... [ More ]

Reply #27

TigerAngel — Fri, 14 Oct 2005 06:42:27 GMT

Well, I agree with Pearl Baily when she said I been rich and I been poor and rich is better .I've been flabergasted by my friend lately who came into a nice inheritence. Fear of money is the only explaination. Within a week he gave it all away. No thought for future emergencies, improving his quality of life etc. Just a jittery person finding ppl and places to get rid of it . (all except for me of course) .Perhaps a guilt trip that someone died for him to get the inheritence. I tried to wa... [ More ]

Reply #26

hmsoqu — Fri, 14 Oct 2005 01:07:52 GMT

if anyone here wins the lottery and they're scared of all they're new found millions, i'd be glad to help them out

Reply #25

jt1217 — Thu, 13 Oct 2005 23:18:00 GMT

I agree. Some people do not have the metal capacity to win millions. I just think that having that money could possibly make a person very greedy. I can't fathom how it would be to have people calling and asking for money on a daily basis, and even with millions there still would not enough money to help everyone out. Granted with millions I should be able to live in a secure environment, but really to me that would not be living. I like living my life in an anonymous fashion where I can go abo... [ More ]

Reply #24

Chewie — Thu, 13 Oct 2005 16:38:55 GMT

Success is not newsworthy. No articles will ever appear on the New York Times front page about a woman giving birth to a healthy 8 pound baby. Let one person get shot inside the Empire State Building and fifty people write articles about it for the next six months. There are hundreds of articles on Jack Whitiker and his failure, and half a dozen on the thousands of other winners who improved their lifes. No one watches the Weather Channel to find out how many consecutive days of sunshine we had.... [ More ]

Reply #23

four4me — Thu, 13 Oct 2005 15:35:35 GMT

Jt1217 you shouldn't let what happened to someone else affect you one way or another. The guy that won that jackpot was a millionaire before he won knew exactly how to handle his money. And was in a fairly good money making business installing septic systems. When he won he changed his persona altered his lifestyle and was overwhelmed by the circumstance that he brought upon himself and his family. This along with other issues caused a meltdown.Some of his problems he brought upon himself he had... [ More ]

Reply #22

sirbrad — Thu, 13 Oct 2005 07:57:20 GMT

You can't let the fear of what others may do affect your own life, and the potentials it may have. To do so makes you a slave to others. Most of us have already been doing that our whole lives as it is, and working only to make others more money. Most of the time fear itself is actually bigger than the supposed problem really is. We have a tendency to over-exaggerate those fears in our minds as a form of 'self-protection' and preparation for the projected outcome. But usually the fears do not li... [ More ]

Reply #21

pacattack05 — Thu, 13 Oct 2005 00:12:27 GMT

I won't mention who, but there does seems to be a pattern forming. Certain groups will be better off. That seems to be the way of the world. Sadly, but true......and no way around such a dilemma.Everyone...raise your hands if you would rather be poor? I didn't think so....The Jewish people are not only smart, but run the country......are you kidding me?I've got plenty of data to back it up....It's not a hot topic I know....

Reply #20

jt1217 — Thu, 13 Oct 2005 00:00:27 GMT

After some discussions in my Anthropology class at school, I got curious to what others feel about the lottery and about winning (oddly enough winning the lottery is not necessarily about anthropology--it started on a discussion about how Jewish people tend to have money--I don't know about the Jewish thing, but it was brought up how frugal they are---or it could be a common misconception either way. I looked up some information on the WV PowerBall winner, whose life has fell apart since winnin... [ More ]

Reply #19

bellyache — Wed, 12 Oct 2005 17:41:42 GMT

I agree that getting death threats or kidnapping threats would be a scary prospect, but I still would want to win. I wouldn't let those thoughts get in my way of playing the game and trying to win a large jackpot.

Reply #18

Chewie — Wed, 12 Oct 2005 15:32:18 GMT

For the person who said I was in bad financial shape, I will let you know that not really . I own a house and have two car payments--both cars will be paid off in three years ... Own a house do you? Miss a couple of payments, and see who really owns that house. Get sick and spend a few months recovering. Lose that $56K income to a job cut. See how the real owners react. Miss a few of those car payments, and see who really owns those cars. From what you said, the only real fact is, there is a

Reply #17

sirbrad — Wed, 12 Oct 2005 15:19:54 GMT

Thanks, glad some enjoyed it. I speak from experience, and always try to have an adequate game plan to meet my needs, and take care of what is most important first. You work hard, then you can play hard. Although you will certainly be busy even after winning a huge windfall, it will be much more appealing as opposed to being a wage slave, and working to make others rich. You can now work to make yourself even richer, or just work to keep yourself occupied with something you actually enjoy d... [ More ]

Reply #16

Littlemanjen — Wed, 12 Oct 2005 14:28:14 GMT

Hey JT, if you have NEVER purchased a lottery ticket before, what are you doing on a lottery website? Just curious. I've never purchased archery equipment, but I don't hang out at archery websites either. Your fear is interesting though, and points brought up here by others are as well.

Reply #15

mt7895 — Wed, 12 Oct 2005 14:05:52 GMT

jt1217 said I guess in most respects I do not want to live in fear that because I have an absurd amount of money that maybe my children would be threatend and that I could not live in peace each day. Now this part, I understand and in full agreement. What any parent would want to pick up the phone one day and hear, We have your child, if you ever want to see him/her alive again ... I shutter to even think about it. I hope and pray for anyone who wins will never experience anything like tha... [ More ]

Reply #14

Debzo — Wed, 12 Oct 2005 13:52:06 GMT

sirbrad,This is really a good post, and so very very true

Reply #13

Debzo — Wed, 12 Oct 2005 13:31:29 GMT

I understand what you are saying, jt1217, and good luck to you.I on the other hand, would not mind winning millions at all, could pay off my debt,have all the things I wanted, help my family, and be set for the rest of my life.To me that sounds great.

Reply #12

jt1217 — Wed, 12 Oct 2005 11:09:05 GMT

For the person who said I was in bad financial shape, I will let you know that not really . I own a house and have two car payments--both cars will be paid off in three years--. Granted I don't have millions, so really I have no bragging rights but I am not a financial idiot. We have 401k accounts and eventually we will have a lot in student loans--but really student loans are a fact of life for many Americans and the cost of educating ones self is often high. I have no credit card debt,... [ More ]

Reply #11

mt7895 — Wed, 12 Oct 2005 03:51:15 GMT

Well said and so very true.

Reply #10

four4me — Wed, 12 Oct 2005 03:28:48 GMT

If you did win the lottery and you wanted to you could set up all your accounts with a financial planner pay off all debts and live debt free for the rest of your life. I don't see what so odd or difficult about that. A financial planner could also set up your accounts so you could only spend so much each month. Any purchases above and or over the amount you specify would have to go through the planners approval. Of course since your a mathematician you do know that an interest bearing account c... [ More ]

Reply #9

sirbrad — Wed, 12 Oct 2005 02:39:49 GMT

As I said before, money is merely a 'tool to prosperity and happiness' - not a prerequisite necessarily. If you had problems managing money before winning the lottery, chances are you will still have them afterwards. Even if you do hire a team of professionals, you need to be educated as well, and be able to keep an eye on them also. But I do believe all the tax problems would still not be nearly as bad as being broke all your life, and working everyday. I would rather have all that free time to... [ More ]

Reply #8

pacattack05 — Wed, 12 Oct 2005 02:14:38 GMT

Forget the IRS. When life gets done with you, it has a field day.....Rich??????You can't take it with you........The rotating planets and the such....Where do I begin?It's all clear now......Very Clear.....It's like a wakening up.......So what if there is a hot star giving us skin cancer?It's been glowing for 4 and half billion years....Food for the flowers....Sunshine City......If it 's good for plants and flowers then it must be good for us. I say!!!Burn my skin why don't you?Stars in the sky.... [ More ]

Reply #7

Chewie — Wed, 12 Oct 2005 02:03:18 GMT

Some one working towards a math degree would already know that. Hopefully.

Reply #6

dvdiva — Wed, 12 Oct 2005 01:53:58 GMT

After the IRS gets through with you even if you win 2-4 million you will feel a lot less rich.

Reply #5

Chewie — Wed, 12 Oct 2005 01:43:35 GMT

Let me see if I understand what you are saying. You have children, are married, and you quit your job to obtain a degree in Mathematics. You, and your husband, currently make $56K annually, and have managed to get yourself into a debt of at least $200K; which, if you do not pay off, your children have to pay it off. Bankruptcy is no longer an option. Yet you feel $50K a year is great; even though it is $6K less than what got you into that enormous debt. Ten years ago, some relative hit a $2M wi... [ More ]

Reply #4

pacattack05 — Wed, 12 Oct 2005 01:39:35 GMT

You're absolutely correct. Why the hell in the world would I want to have no bills. Why the heck would I want to go on living life not working , like a complete bum?.....I play spanish...rock but doesen't pay any bills.....The problems of not having money is the following.Play better Spanish-Rock- Music.......LOL

Reply #3

RJOh — Wed, 12 Oct 2005 01:26:08 GMT

jt1217,Ohio has the Rolling Cash5 which starts at $100K and has never rolled to $500K. Sounds like your type of game, you'll never have to worry about being a millionaire if you win. Good luck to you.

Reply #2

Down — Wed, 12 Oct 2005 01:19:26 GMT

well i think no one is really prepared for a lottery windfall, because people think that after they win the lottery all their problems are over, you can't just spend spend spend you have to be smart and really know what you are getting in to. i think this is a good topic, like i said before i don't think anyone is really prepared for a lottery windfall because no one realy expects to win the lottery. i would love to win the lottery, anyone would, but if you do win the lottery, you have to do wha... [ More ]

Reply #1

pacattack05 — Wed, 12 Oct 2005 00:58:52 GMT

I've said this before and I will say this again and again.Please feel free to send any amount that makes you feel really uncomfortable , or guilty, to the following address.......LOLCome on...give me a break.

Fear of Winning

jt1217 — Wed, 12 Oct 2005 00:35:59 GMT

I am a very odd person. I find the lives of lottery winners fascinating, but I really don't envy the tons of money they receive. I actually fear the idea of having millions. To me having that kind of money is a responsibility that I just don't want to deal with. I have a great life now (albeit I am broke--not in an irresponsible way--I quit my job to finish my degree in Math Education, so lately things have been rough), but I am happy. I have a great immediate family all around--spouse, kid... [ More ]