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Re: Lottery Loosers
Old 08-17-2006, 12:36 PM   #21
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Re: Lottery Loosers

There are some good stories out there of lottery winners. I was just discussing one of them today with the landscape designer who is working on our backyard.

About 10 yrs ago a fellow that lived 20 miles south of us won $109 million in the multi-state lottery. He wanted to continue his teaching job but for various reasons decided against it. (wanted to let someone who needed a job get hired) Many things have transpired in his life but two that stuck out from our conversation showed me how generous the guy is, besides being intelligent.

He hired the same landscape company that I just did and after the job was done gave them a huge bonus to be divided amongst the day laborers that worked on his place. He has also put to good use the large horse stable his ex-wife had built on their property. (she got $3mil in the divorce) He now opens the stable up to disabled kids for exercise and just to see the smiles on their faces.

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Re: Lottery Loosers
Old 08-17-2006, 01:13 PM   #22
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Re: Lottery Loosers

I know a guy who won $7 million in the CA lotto, had about $2 mil after lump sum and taxes. Bought a bunch of cheap houses 15 years ago in North San Diego and rented them houses along highway 1, 4 blocks from the beach. Needless to say his NW has increased significantly over the last 15 years since those houses are all worth around 800k. My parents were lucky enough to buy (and move into) one of the houses he didn't buy along that street, that's how we know him.

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