It's official: "He's broke".

Reply #20

Hermanus104 — Fri, 05 Feb 2010 22:50:48 GMT

I would actually change my lifestyle very little if I won $1 million. To me, $1 million isn't really a lot of money. Now let's say I'm out of college. I would probably buy a modest house and that would be about it. Then again, I wouldn't know until I actually win the $1 million. My prediction might be quite different.

Reply #19

psykomo — Thu, 04 Feb 2010 06:37:36 GMT

grave:

Why kickem when THEY'RE DOWN !!!!!

We like U SMOOTH when we KNOW who YO TONK'in BOUT???????!!!!

THANK'sssssssssss

WHAT is YO point of this post ????????????????? is this a friend or FOE of YO'sss???

LOL

Reply #18

Surge — Thu, 04 Feb 2010 04:45:34 GMT

One million is a good amount to invest and save, then go back to doing what you do... work and live life comfortably. With investing and saving you could live the rest of your life comfortably (within reason) with little financial worries.

If it was me, I'd quit my job, save, invest, and go back to school. Oh, I'd also buy a small house on the river so I can go fishing any time I want

Reply #17

Littleoldlady — Tue, 02 Feb 2010 15:50:57 GMT

I agree that class should be required to graduate from

high school and college. Most folks don't teach their children

because they don't know how to manage

their money either. Saving for a rainey day used to be a standard

but now it isn't. The children of this generation-want it now

Reply #16

psykomo — Tue, 02 Feb 2010 02:50:47 GMT

please please NO offence 2 SmoothJuice !!!!!!!

It just sound's LIKE one of my cozin's psycho want'ssssssssss22222know ?????

who need's MONEY

before I can get 2 the snip ATM!!!!!!!!!

DON't call psyko if UR PG with someone's BABY other than psyko!!!!

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

Reply #15

psykomo — Tue, 02 Feb 2010 02:34:09 GMT

WHOEEEEEistheGUY?????????????????

RRRRRRRRRRRRRRR????????????????

U HAPPY!!!!!!!!!!!!!!!!

name name's ( B a

Reply #14

onthebrink — Mon, 01 Feb 2010 23:35:16 GMT

Here is my thing, if you happen to be LUCKY enough to win a load of money like that and then you foolishly spend it....I will not feel sorry for you. Winning money like that comes to you ONCE in your lifetime and thats if your lucky.

Reply #13

lottocalgal — Mon, 01 Feb 2010 00:50:47 GMT

Nevermind. I found that friend you spoke about back on one of your old posts back in july

Reply #12

jwhou — Sun, 31 Jan 2010 16:40:59 GMT

Nothing beats experience.

However, many people who are already in a bind will purchase an inordinate number of lottery tickets as a hail mary of desperation. Hence statistically, many of the winners are in need of financial help to begin with. I think that with any wins larger enough to require a visit to the claim center ($600 or more) should at the very least include a pamphlet from reputable charitable debt counsellors. It's quite likely that many of these winners of the smaller prizes cou... [ More ]

Reply #11

ca-dreamin* — Sun, 31 Jan 2010 16:05:13 GMT

Although I agree that basic financial management should be taught in school sometimes having the knowledge isn't enough.

I spent some time with my 2 older kids teaching them about debt and credit cards and they both still managed to mess up their credit at very early ages.

My third child........ from the time she was old enough and interested in learning...I taught her all about shopping, how to save money, how to compare prices etc. I also taught her about keeping a check book and all the... [ More ]

Reply #10

lottocalgal — Sun, 31 Jan 2010 15:23:18 GMT

Charmed

You really wouldnt move out of you townhouse? If for nothing else than to not have folks so close? Or buy a new car?

Even though I would love to buy a new car ( a Dodge Charger for my husband, a Chrsylter 300 c class for me) and have my dream house built. And believe me, a 3000 sqft single story home in my same city is far from the mansions other folks buy i wouldnt (shouldnt) change much.

I even am not into jewelry or vacations ( except for Orlando and Vegas- where i d... [ More ]

Reply #9

charmed7 — Sun, 31 Jan 2010 13:50:56 GMT

I don't why people always go get an expensive home and car. It takes alot money to maintain

property, its costly just for a modest style home. If i came into a large sum i would maintain

my modest style of livin, keep my G6 great on gas, and stay in my townhouse. Its has to b a great

feelin to b debt free. Later for PROFILE and STYLE, thats not me.

Reply #8

badboy00z — Sun, 31 Jan 2010 09:09:24 GMT

I wouldn't call cars investments at all because of depreciation that all cars go through.

Reply #7

jwhou — Sun, 31 Jan 2010 08:20:54 GMT

Classic mistake, the expensive home probably saddled him with property taxes and maintenance costs that hit him well after his funds ran out. He probably thought the 25% tax with holding would cover all of his taxes which it does not and cars are never a good investment. $1,000,000 dollars is enough for financial security but only if used wisely.

Reply #6

grave — Sun, 31 Jan 2010 02:08:58 GMT

What was the guys name ? what state did he win a Million dollars in

Reply #5

myturn — Sun, 31 Jan 2010 01:30:36 GMT

Basic financial management should be taught at school. Yes, parents should do it, but many don't. Many people don't understand the value or how to grow it for the long-term. Many people just live for the moment.

It was once said of a Australian corporate high-flyer, he was born into it and lost it all, they he knew the value of two dollars, but not 2 billion dollars.

Reply #4

Littleoldlady — Sat, 30 Jan 2010 21:13:05 GMT

If it is who I am thinking about, the next time he gets a BLESSING, he will use it wisely. Rap videos?? He was really dreaming..I hope he learned something if nothing else..A Fool and His Money are Soon Parted.

Reply #3

badboy00z — Sat, 30 Jan 2010 05:39:09 GMT

Serves him right for not spending investing wisely. $1 million isn't that much money in terms of the big jackpot but it's enough to start to grow into something more.

Reply #2

myturn08 — Sat, 30 Jan 2010 03:08:06 GMT

he did what he wanted with his money, who cares if it is gone, money is a tool for him to use however he wants, someone is just mad its not them !!! He enjoyed it, nothing last forever, plus it was just 1million, im less after taxes

Reply #1

lottocalgal — Sat, 30 Jan 2010 02:38:08 GMT

Hey Smooth who are you talking about? some you knew or a random lottery winner you read about

It's official: "He's broke".

SmoothJuice — Sat, 30 Jan 2010 02:02:18 GMT

Last year I posted about a person that won $1,000,000. Well, I finally found out officially that he's broke. He sold his Ferarri as well as his other nice cars. He moved out of his $300,000 home and now lives in an apartment in another city (probably moved because of shame).

well guys... it's not a good idea to copy rap/hip hop videos when it comes to your money.