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Winning the lottery becomes a nightmare
09-14-2007, 01:48 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,396
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Winning the lottery becomes a nightmare
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09-14-2007, 01:53 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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I read that and my first thought was, wow, this was a guy who should have been able to handle it, because he was already a millionaire. Just goes to show...
Reason 5 billion why I have never bought a lottery ticket. It is a really sad story. And all too often exactly what happens to these lottery winners.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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09-14-2007, 01:56 PM
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#3
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Full time employment: Posting here.
Join Date: Mar 2007
Posts: 984
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Yikes! What a story.....money just isn't everything even though our society thinks that having it will make our lives better. Only we can do that for ourselves.
I hope he gets to help a lot of people....this story made me sad.
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09-14-2007, 02:23 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
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Well, I would like to have the opportunity to see if I could handle that kind of money. I wonder how Warren Buffett handles his situation? He drives his own car, lives in the same house he has owned for 30 years and lives pretty much a normal life.
One thing for sure, I'll never know how hard it is to lead a normal life with 90+ million in the bank.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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09-14-2007, 02:27 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,396
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The difference with Warren Buffett is he earned it, whereas the money dropped in this guy's lap like manna from heaven. And Warren Buffett knows how to handle and invest money.
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09-14-2007, 02:34 PM
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#6
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Administrator
Join Date: Apr 2006
Posts: 22,973
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If I ever won this much money, I would move to a foreign country and never, ever tell anyone.
__________________
Living an analog life in the Digital Age.
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09-14-2007, 02:48 PM
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#7
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 433
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His business was already worth 17 MILLION and an additional aprox. 100mil made such a great difference?
The statistical odds against both occurrences are enormous!
It's easy to see a normal person thrust into difficulty by a big lottery win, but he was rich, by any standard, already. Obviously the fame made him a target of strangers, but his family life should have already been geared to wealth.
Fishy. Has a bull left a deposit behind?
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09-14-2007, 02:52 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,396
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Quote:
Originally Posted by barbarus
His business was already worth 17 MILLION and an additional aprox. 100mil made such a great difference?
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Apparantly it did.
Just because his business was worth 17 million, doesn't mean HE was worth that much, or that he had that much.
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09-14-2007, 02:55 PM
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#9
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Recycles dryer sheets
Join Date: Aug 2007
Posts: 224
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I'd like to think I could handle coming into that much money and nothing would change in my life. I'm sure the reality would be much different. I wonder how many of my friends or family members would come to me for money and never speak to me again if I didn't give it to them. Or, if I'd resent them asking and not speak to them.
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09-14-2007, 03:02 PM
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#10
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 204
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Sometimes the press just like to report negative stories. The guy is probably having a good time everyday. Granted he had so much tragedies I guess it pays to play.
I heard of someone who won the lottery and moved back to his home country. 2 days later, kidnapped and killed.
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09-14-2007, 04:09 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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I wonder if Warren Buffett spends more than 60 nights a year in his own bed. Probably not.
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09-14-2007, 04:19 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,743
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Why would anyone leave a briefcase with 245K in cash and three 100k cashiers check in his car parked at a strip club's parking lot
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09-14-2007, 04:26 PM
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#13
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Full time employment: Posting here.
Join Date: Jan 2004
Posts: 851
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I could handle it.
Sounds like this guy/family was messed up before he won the lottery...and the money made it worse.
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09-14-2007, 04:33 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Yea, take the money inside. You get a lot more attention from the girls.
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09-14-2007, 05:00 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Poor guy. That $300mm ruined his life.
It certainly wasn't the drinking, philandering, etc...
What kinda fool carries $250k in a briefcase and leaves it in his car outside of a strip club?
Kinda makes you wonder how he made the money he made before he won the lottery.
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09-14-2007, 05:30 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
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In all, Whittaker says, he's been involved in 460 legal actions since winning
Man, I could see how that would get old fast. Given that this guy says he doesn't have any friends left and his family is fallen apart, it seems like it's time to change names and move somewhere else.
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09-14-2007, 05:34 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 5,072
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Quote:
Originally Posted by free4now
In all, Whittaker says, he's been involved in 460 legal actions since winning
Man, I could see how that would get old fast. Given that this guy says he doesn't have any friends left and his family is fallen apart, it seems like it's time to change names and move somewhere else.
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Perhaps, but how many of the 460 were due to his numbskullery? There are many other lotto winners. I have read that some have had problems with people wanting to borrow money and such. But this guy's antics seem a little, well, dumb!
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09-14-2007, 05:52 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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I really don't see how his daughter's cancer can be blamed on winning the lottery. And there are a lot of clues here that he was not the most sensible guy to start with.
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09-14-2007, 06:05 PM
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#19
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 204
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AHhhh how money change people! Funny I helped my younger sister be successful in her career. Now that she is successful no more communication. Head swell up.
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09-14-2007, 06:06 PM
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#20
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Dryer sheet wannabe
Join Date: Jun 2007
Posts: 13
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I'm from WV and until recently JW (the lottery winner)was in the news constantly, and still is occasionally. I think it is safe to assume that most of his woes are self inflicted.
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