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Why do so many lottery winners complain that having all that money has ruined their lives?

By Daydreamer Asked Jun 1 2005 6:31AM
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by sepulvjl on Oct 21, 2009 at 10:16 pm Permalink

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i have read many stories that alot of lottery winners end up worse than before they won a jackpot. there was a case in ny, a single man won 60 million. he had a bad habit with money before, his wife divorced him and took half of the jackpot with her. i guess she knew of his bad habit and decided to split before he blows everything away. case #2, a couple from i cant remmber where won about 16 million, they purchased a house and all that good stuff. 10 yrs later the house is in fore closure, family separated and couple divorced. case #3, some women from some state won about 5 million, today the money is all gone and she lives in a trailer living on social security. case #4, some women from some other state wins about 20 million, she like to donate to her church she attends, 5 yrs later she files for bankruptcy with only 700.00 dollars in 2 different accounts. case #5, some guy from some state wins 1 million, decides to start a small car businnes, it does not last very long, within a yr hes broke and files for bankruptcy. as u can see many peoples lives get ruined because they dont know how to manage themselves and go crazy without thinking whats gonna happen in the future. many of these people get repeated requests from family and freinds begging for money. according with the 20 things that people would do if they ever won a huge jackpot was buying a house to be at the top of the list when investing would be almost at the very end. people have never had a huge ammount of money so thats why they go crazy and blow it away. at the minimum a jackpot might give u a nice jolt for 5yrs and then its down hill. easy come easy go!
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