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To: 3niner
Remember this guy from West Virginia who won the 300 mill. powerball? His face says it all.
7 posted on 10/04/2010 4:01:16 PM PDT by boop ("Let's just say they'll be satisfied with LESS"... Ming the Merciless)
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To: boop
Are you saying he spent or lost it all? Of course a $300M win ends up being more like $100M in your pocket, after the lump sum payout discount, and taxes, but still...

It reminds me of something someone said to me in the '80s, "The lottery is a tax on the poor." I responded with, "No, it's a tax on the stupid, but stupid people are often poor."

10 posted on 10/04/2010 4:22:18 PM PDT by 3niner (When Obama succeeds, America fails.)
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To: boop; FourPeas; domeika

>>> Remember this guy from West Virginia who won the 300 mill. powerball? His face says it all

This case was not the average poor-person lottery winner burnout. He was a successful businessman to begin with, not superrich but probably a millionaire in his own right. Well liked and respected in his community.

With the powerball money he was over-generous. His own family, the church, the poor, etc found a soft touch. And the more he gave the more they demanded. They wore him down. I’ve seen his pastor interviewed, they sure miss that checkbook.

It was capped off by giving his beloved young grand-daughter free money, cars, etc. She and her leech friends used this largess for drugs and parties, until she killed herself in an overdose. This pretty much destroyed him.

I’ve pretty much concluded the only chance a big lottery winner has of survival is to be the SOB who says “no”. And be willing to shed the “friends” and worthy causes who demand you buy their love and respect.


13 posted on 10/04/2010 8:07:45 PM PDT by tlb
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