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Payback For Winners

Topic closed. 43 replies. Last post 9 years ago by Bagent.

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Should lottery winners payback debts?

All creditors/debts no matter what. [ 33 ]  [52.38%]
Only ones in last 20 years. [ 0 ]  [0.00%]
Only ones in last 10 years. [ 1 ]  [1.59%]
Only debt in last 7 years. [ 3 ]  [4.76%]
All debt, but over a period of time. [ 1 ]  [1.59%]
Only verifiable debt. [ 10 ]  [15.87%]
Everything on credit report. [ 1 ]  [1.59%]
Everything on accurate credit report [ 8 ]  [12.70%]
No debt period. [ 3 ]  [4.76%]
Other, explain. [ 3 ]  [4.76%]
Total Valid Votes [ 63 ]  
Discarded Votes [ 2 ]  
NBey6's avatar - xmas money.jpg
$$ Moneymaker $$

United States
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Posted: March 24, 2008, 10:30 am - IP Logged

Just curious to see what you think.

"I Am Realistic. I Expect Miracles."  - Dr. Wayne Dyer -

1:56, 4:05, 6:18, 8:35

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    rubberbandman's avatar - Spawn Classic.jpg
    mn
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    Posted: March 24, 2008, 10:34 am - IP Logged

    Of course you should, you better pay it all, even if you dont win you should pay it all.

     

    "Consumerism and Taxes are the prices you pay to live in a civilized society."

    - Quote somewhat by me

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      Coastal Georgia
      United States
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      October 30, 2003
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      Posted: March 24, 2008, 10:37 am - IP Logged

      Yep...

       

      why not ?

       

                                     

                    

       

       

        NBey6's avatar - xmas money.jpg
        $$ Moneymaker $$

        United States
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        Posted: March 24, 2008, 10:42 am - IP Logged

        Yep...

         

        why not ?

        So, you wouldn't even check out everything to make sure you are paying debts you owe. I have had doctor's offices double bill and over charge me in the past and I would check out everything before anyone got 1 penny!!

        "I Am Realistic. I Expect Miracles."  - Dr. Wayne Dyer -

        1:56, 4:05, 6:18, 8:35

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          New Mexico
          United States
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          February 18, 2008
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          Posted: March 24, 2008, 10:46 am - IP Logged

          Of course I would pay all debts.....if I owed someone money, they would get paid.  I would, of course, stay very much on top of my finances to ensure I wasn't just paying someone a frivilous debt.  In fact, I would have an accountant to handle all of that so I could concentrate on spending time with my family and having fun!

            jarasan's avatar - new patrick.gif
            Harbinger
            D.C./MD.
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            Posted: March 24, 2008, 10:58 am - IP Logged

            All debt should be paid back, whether you win the lottery or not.  If you were owed money you would expect the same?

              savagegoose's avatar - ProfilePho
              adelaide sa
              Australia
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              April 11, 2006
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              Posted: March 24, 2008, 11:13 am - IP Logged

              i picked no debt period, if creditors found out i had won the lotto,, i will have done something tragically wrong. as part of the subterfuge i woul dhave to remain; outwardly looking, a peasant.

              2014 = -1016; 2015= -1409; 2016  = -1171; 2017 = ?  TOT =  -3596

              keno historic = -2291 ; 2015= -603; 2016= -424; 2017 = ? TOT = - 3318

                NBey6's avatar - xmas money.jpg
                $$ Moneymaker $$

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                Posted: March 24, 2008, 11:25 am - IP Logged

                All debt should be paid back, whether you win the lottery or not.  If you were owed money you would expect the same?

                I am already owed money by the US Government and they have yet to pay me and millions of others', so I do believe in forgiving debts. Everything is not as black and white as we would like for it to be.

                "I Am Realistic. I Expect Miracles."  - Dr. Wayne Dyer -

                1:56, 4:05, 6:18, 8:35

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                  Posted: March 24, 2008, 11:36 am - IP Logged

                  You mean all those companies that charged me outrageous interest rates because my credit was less than perfect? Yeah...I'll pay them back. But there will be a little note mailed along with my check. Green laugh

                    four4me's avatar - gate1
                    MD
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                    Posted: March 24, 2008, 11:50 am - IP Logged

                    Not that it would mean much now that you have won the big one but creditors and banks say not to pay off all your debts all at once you should pay them over time to increase your credit score. You may think it doesn't mean much but it does. Especially if you want to buy lots of big item purchases which should also be paid off with credit.


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                      Posted: March 24, 2008, 11:56 am - IP Logged

                      I'd pay off all of my current debts.Those that were forgiven by the bankruptcy court 30 years ago shall remain "forever forgiven".


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                        Posted: March 24, 2008, 12:02 pm - IP Logged

                        Not that it would mean much now that you have won the big one but creditors and banks say not to pay off all your debts all at once you should pay them over time to increase your credit score. You may think it doesn't mean much but it does. Especially if you want to buy lots of big item purchases which should also be paid off with credit.

                        Credit score? I wouldn't give 2 schmidts about my credit score after a win.

                        Any big ticket items would be paid for by wire transfer. And the only card I'd have in my pocket would be a debit card. Why would I want to buy anything that has an 18% rate attached to it.They're already raking in billions a year, and I won't be one of the contributors.

                          Pinkpansies's avatar - Lottery-050.jpg

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                          Posted: March 24, 2008, 1:07 pm - IP Logged

                          I wouldn't pay anything that had been legally discharged (bankruptcy, etc.).  The law states once it's gone, it's gone, but yes everything else that was valid I would pay.

                            ThatScaryChick's avatar - x1MqPuM
                            Idaho
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                            Posted: March 24, 2008, 2:02 pm - IP Logged

                            Yes, I would pay my debts off. Of course, I would make sure they are legit claims and not a bunch of excess charges that don't belong there.

                            "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

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                              Harbinger
                              D.C./MD.
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                              Posted: March 24, 2008, 2:16 pm - IP Logged

                              I am already owed money by the US Government and they have yet to pay me and millions of others', so I do believe in forgiving debts. Everything is not as black and white as we would like for it to be.

                              You are absolutely right, nothing is B/W and I do forgive debts but I don't lend again to someone who still owes me. 

                              I don't know what the govt. owes you, maybe tax return?  I hope you and millions of others get their money back.  Unfortunately govt. bureaucrats and politicians are somewhat self perpetuating in that their livelihoods are derived from our tax dollars.