Money is not the root of evil. The lottery winnings didn’t cause the problem. He could have packed up and moved somewhere else, ignored the requests for money, cut off funds to his grandaughter, donated his money as he saw fit, invested the rest in fixed-income securities, established trusts, etc.
In this case it sounds like cars are.
I agree. Giving a 17 year old two grand a week for allowance is razy. What did grandpa think she needed that much money for? If it’s for college, set it up in an account. Otherwise it is way too much for a kid.
No, the money was not the problem. He can’t bring himself to admit he messed up so he blames it on a curse as though the money held a gun to his head and made him make bad decisions. The lottery is not a curse. People who have little money can also completely wreck themselves and their families. If he had not become wealthy it is likely he’d be blaming his problems on drinking, etc. Sometimes I think the media just loves stories about screwed up lottery winners to discourage people from striving to be rich.
“money is not the root of evil”
No, but the “want” of money is.
Thank you.
There are 2 stories of money thrust upon someone unprepared for it.
1) It changes them.
2) It changes those around them.
This guys story definately falls more into the 2nd category than the first. His intentions were good, but he was not remotely prepared for the realities of the responsibility of such wealth. People absolutely treat you differently if they know you have wealth... particularly if those around have none to very little of their own.