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The real reason why lottery winners have problems!

Topic closed. 18 replies. Last post 8 years ago by PrisonerSix.

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rundown99's avatar - cigar

United States
Member #567
August 14, 2002
485 Posts
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Posted: March 25, 2009, 9:54 am - IP Logged

Despite the fact that we are in a recession, lottery winners are showing up in front of the cameras trying to get their 15 minutes.  The previous lottery winners who had problems (Jack Whittaker, David Edwards, etc.) just couldn't keep their faces off the cameras.  The real problem with most lottery winners is that we live in a society where people crave attention, celebrity, and even reality TV.  How many people apply to be on American Idol every year?  Maybe a million?  But people don't realize the high price of fame, which includes family feuds, greedy long-lost relatives, crooked businessmen, and jealous friends.  In my opinion, the fame is just not worth it!

Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

    fja's avatar - gnome1

    United States
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    January 19, 2002
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    Posted: March 25, 2009, 12:49 pm - IP Logged

    To tell you the truth, I haven't really heard much about any jackpot winners in quiet awhile.  It seems to me that we keep bringing up Whittaker and Edwards and a few others as the sample set of what lottery winners become....nothing really new......

    I don't buy the camera excuse....seems like what I saw of Dave Edwards house in that interview would have still been there without the camera.....Sure alot of people crave attention....they like to think that they got a good bead on life, and know how to handle it.....I don't believe that most of the winners look for fame.....I believe that on occasion it finds them.       

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

      four4me's avatar - gate1
      MD
      United States
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      June 18, 2003
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      Posted: March 25, 2009, 1:22 pm - IP Logged

      Whittaker and Edwards are extroverts it's in their nature to be the way they are.

      Big John says. You don't hit the number. The number hits you!!!!

                     I'm not Big John, I'm Four4me, Big John's a friend.
        hearsetrax's avatar - 0118

        United States
        Member #52345
        May 21, 2007
        2680 Posts
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        Posted: March 25, 2009, 2:17 pm - IP Logged

        To tell you the truth, I haven't really heard much about any jackpot winners in quiet awhile.  It seems to me that we keep bringing up Whittaker and Edwards and a few others as the sample set of what lottery winners become....nothing really new......

        I don't buy the camera excuse....seems like what I saw of Dave Edwards house in that interview would have still been there without the camera.....Sure alot of people crave attention....they like to think that they got a good bead on life, and know how to handle it.....I don't believe that most of the winners look for fame.....I believe that on occasion it finds them.       

        Skeptical  the camera excuse is thin @ best .....

         

        I can tell U one thing : " if any one person has half the good bead they think they have at any given moment .... they wouldn't be playing in the first place" "

          GamerMom's avatar - tails

          United States
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          Posted: March 25, 2009, 3:42 pm - IP Logged

          you can bet your sweet patoot you wouldn't see me in front of a camera if i didn't have to be!  They didn't think things through when they solicited all of that press.  Now they are best known for being lottery winners...and LOSERS


            United States
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            February 18, 2008
            710 Posts
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            Posted: March 25, 2009, 4:03 pm - IP Logged

            The vast majority of Lottery jackpot winners are smarter than Whitaker and Edwards.The have their 15 minutes of fame and go about their life.Whitaker & Edwards wanted more than their 15 minutes of fame and you know the rest of the story.Give an idiot a fortune and all you have is an idiot with a fortune....the money didn't make them anything but rich idiots!

              Raven62's avatar - binary
              New Jersey
              United States
              Member #17843
              June 28, 2005
              51280 Posts
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              Posted: March 25, 2009, 6:00 pm - IP Logged

              People who come into wealth suddenly by Winning the lottery, if they have not acquired good money skills prior to this windfall, often struggle and make poor choices. Financial windfall coupled with reckless buying (belief that the money will never run out) and no concept of money almost always leads to trouble.

              Most people who win the lottery don't have lawyers, accountants or financial planners, but quite often someone they know steps forward and acts as "the gatekeeper". Unfortunately, that person rarely has the necessary expertise to manage large amounts of money.

              A mind once stretched by a new idea never returns to its original dimensions!

                Coin Toss's avatar - shape barbed.jpg
                Zeta Reticuli Star System
                United States
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                Posted: March 25, 2009, 6:24 pm - IP Logged

                I agree with rundown99's comments in the OP of this thread, mostly, but I don't think you can pin things down to any one reason.

                In many cases people just don't consider the possible future consequences of their actions and decisions- couple that with winning a lottery jackpot and they night be shaking hands with old Duzzin Bodewell!

                As far as people seeking their 15 minutes of fame, just consider some of the polls discussions here on LP about remaining anonymous or not.

                Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                Lep

                There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                  Raven62's avatar - binary
                  New Jersey
                  United States
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                  June 28, 2005
                  51280 Posts
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                  Posted: March 25, 2009, 7:08 pm - IP Logged

                  Apparently financial Woes are not limited to Lottery Winners:

                  Famous People Who Filed for Bankruptcy:

                  Below is a list of some of the famous people who have filed for bankruptcy or had severe financial problems before the modern bankruptcy code was adopted. Please note that most of these folks had their great success and fame after their bankruptcies while Lottery Winners have their bankrupties after their Lottery Win and short lived fame.

                  Donald Trump, financier
                  Michael Jackson, singer
                  Wolfgang Amadeus Mozart, composer
                  Elton John, singer/composer
                  Kim Bassinger, actress
                  Mike Tyson, boxer
                  Mark Twain, humorist
                  Burt Reynolds, actor
                  Thomas Jefferson, patriot and president
                  Gary Coleman, child actor
                  MC Hammer, rap singer
                  Willie Nelson, country singer
                  Lorraine Bracco, "The Soprano's" actress
                  Charles Goodyear, inventor of vulcanized rubber
                  PT Barnum, circus promoter
                  L. Frank Baum, author of "The Wonderful Wizard of Oz"
                  Mathew Brady, Civil War photographer
                  Oscar Wilde, playwright
                  Jerry Lee Lewis, rock singer
                  Rembrandt, painter
                  Henry Heinz, ketchup magnate
                  Milton Hershey, chocolate magnate
                  Henry Ford, auto magnate
                  Johnny Unitas, football player
                  Wayne Newton, entertainer
                  Mickey Rooney, actor
                  Debbie Reynolds, actress
                  John Connally, former Texas governor
                  Walt Disney, creator of Mickey Mouse
                  Mick Fleetwood, rock singer
                  Merle Haggard, country singer
                  Ulysses S. Grant, president and Civil War general
                  Dorothy Hamill, figure skater
                  Larry King, talk show host
                  Bowie Kuhn, former baseball commissioner
                  Stan Lee, comic book creator of "Spider Man"

                  A mind once stretched by a new idea never returns to its original dimensions!

                    hearsetrax's avatar - 0118

                    United States
                    Member #52345
                    May 21, 2007
                    2680 Posts
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                    Posted: March 25, 2009, 7:39 pm - IP Logged

                    Apparently financial Woes are not limited to Lottery Winners:

                    Famous People Who Filed for Bankruptcy:

                    Below is a list of some of the famous people who have filed for bankruptcy or had severe financial problems before the modern bankruptcy code was adopted. Please note that most of these folks had their great success and fame after their bankruptcies while Lottery Winners have their bankrupties after their Lottery Win and short lived fame.

                    Donald Trump, financier
                    Michael Jackson, singer
                    Wolfgang Amadeus Mozart, composer
                    Elton John, singer/composer
                    Kim Bassinger, actress
                    Mike Tyson, boxer
                    Mark Twain, humorist
                    Burt Reynolds, actor
                    Thomas Jefferson, patriot and president
                    Gary Coleman, child actor
                    MC Hammer, rap singer
                    Willie Nelson, country singer
                    Lorraine Bracco, "The Soprano's" actress
                    Charles Goodyear, inventor of vulcanized rubber
                    PT Barnum, circus promoter
                    L. Frank Baum, author of "The Wonderful Wizard of Oz"
                    Mathew Brady, Civil War photographer
                    Oscar Wilde, playwright
                    Jerry Lee Lewis, rock singer
                    Rembrandt, painter
                    Henry Heinz, ketchup magnate
                    Milton Hershey, chocolate magnate
                    Henry Ford, auto magnate
                    Johnny Unitas, football player
                    Wayne Newton, entertainer
                    Mickey Rooney, actor
                    Debbie Reynolds, actress
                    John Connally, former Texas governor
                    Walt Disney, creator of Mickey Mouse
                    Mick Fleetwood, rock singer
                    Merle Haggard, country singer
                    Ulysses S. Grant, president and Civil War general
                    Dorothy Hamill, figure skater
                    Larry King, talk show host
                    Bowie Kuhn, former baseball commissioner
                    Stan Lee, comic book creator of "Spider Man"

                    touche~

                    Surrender

                      MillionsWanted's avatar - 24Qa6LT

                      Norway
                      Member #9517
                      December 10, 2004
                      1281 Posts
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                      Posted: March 25, 2009, 8:09 pm - IP Logged

                      Might be hard to find the balance at where you are spending money safely.

                        psykomo's avatar - animal shark.jpg

                        United States
                        Member #4877
                        May 30, 2004
                        5146 Posts
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                        Posted: March 31, 2009, 5:35 pm - IP Logged

                        Apparently financial Woes are not limited to Lottery Winners:

                        Famous People Who Filed for Bankruptcy:

                        Below is a list of some of the famous people who have filed for bankruptcy or had severe financial problems before the modern bankruptcy code was adopted. Please note that most of these folks had their great success and fame after their bankruptcies while Lottery Winners have their bankrupties after their Lottery Win and short lived fame.

                        Donald Trump, financier
                        Michael Jackson, singer
                        Wolfgang Amadeus Mozart, composer
                        Elton John, singer/composer
                        Kim Bassinger, actress
                        Mike Tyson, boxer
                        Mark Twain, humorist
                        Burt Reynolds, actor
                        Thomas Jefferson, patriot and president
                        Gary Coleman, child actor
                        MC Hammer, rap singer
                        Willie Nelson, country singer
                        Lorraine Bracco, "The Soprano's" actress
                        Charles Goodyear, inventor of vulcanized rubber
                        PT Barnum, circus promoter
                        L. Frank Baum, author of "The Wonderful Wizard of Oz"
                        Mathew Brady, Civil War photographer
                        Oscar Wilde, playwright
                        Jerry Lee Lewis, rock singer
                        Rembrandt, painter
                        Henry Heinz, ketchup magnate
                        Milton Hershey, chocolate magnate
                        Henry Ford, auto magnate
                        Johnny Unitas, football player
                        Wayne Newton, entertainer
                        Mickey Rooney, actor
                        Debbie Reynolds, actress
                        John Connally, former Texas governor
                        Walt Disney, creator of Mickey Mouse
                        Mick Fleetwood, rock singer
                        Merle Haggard, country singer
                        Ulysses S. Grant, president and Civil War general
                        Dorothy Hamill, figure skater
                        Larry King, talk show host
                        Bowie Kuhn, former baseball commissioner
                        Stan Lee, comic book creator of "Spider Man"

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                        BRO know's these homies bought

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                        "BIG" is "BAD" but O'Bama better!

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                        All U pick 3-4-5-jackpot "PLAYER"

                        AIN'T>^>YOE>^>LIFE EASY 2??

                        When U win D JACKPOT?????????

                        WHO gona tell U what 2 DO??????

                        Thinking of...Agree with stupidWhite BounceWhite BounceMail For You $$$$$$$

                        GONA BUY D biggest UGO GM has!

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                        PSYKOMO

                          DC81's avatar - batman39
                          MI
                          United States
                          Member #54830
                          August 31, 2007
                          985 Posts
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                          Posted: April 1, 2009, 5:08 am - IP Logged

                          To be fair, Jack was already a millionaire before he won, but the winning made him apparently turn off his brain to all logic and sense. I don't think it has to do anything with intelligence and all to do with lacking any sense or letting the money cloud your judgment and yeah ignorance and stupidity do go into it at as well I guess..

                          BTW, I think we'll have another name to add to the "lottery loser" list in a couple years from someone who won a year ago.

                          You can't predict random.

                            Texas Joey's avatar - Lottery-009.jpg
                            Katy, Tx
                            United States
                            Member #67709
                            December 3, 2008
                            204 Posts
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                            Posted: April 9, 2009, 1:03 am - IP Logged

                            I could not believe a millionaire would not pay his Homeowners fee and lost his house...That was really dumb!!  Dave Edwards showed his true self with all that bragging on TLC.   I liked the old Man in Kentucky that bought a home and shared it with is Daugter much better and bless his heart he died shortly after winning the big game!!

                            I like to watch the shows that tell people how much the spent to play the Lottery and how long it took to win it.

                            I don't believe there is a Curse on the Lottery winner...its just how the winners peform when they win big.

                            Well these are my thoughts, just to keep this going.

                            Texas Joey

                              Bondi Junction
                              Australia
                              Member #57242
                              December 24, 2007
                              1102 Posts
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                              Posted: April 9, 2009, 5:56 am - IP Logged

                              Publicity is the number one issue. It winners remain anonymous they have fewer problems!