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Winners who take the time to plan their next move will help ensure that bankruptcy isn’t the end result of winning a huge lottery windfall. Here are some expert tips. Seek Professional Advice
John says his decision was based on research he did following his big win, saying he learned that a number of lottery winners end up spending their money and going bankrupt within a few years of ...
According to a financial consultant to lottery winners and the author of Life Lessons from the Lottery, Don McNay, many people wind up unhappy or broke after winning the lottery.
Otherwise, in cases of lottery winners, sudden inheritances, and trading of cryptocurrencies, educating oneself is highly recommended by professionals and wealth psychologists. [15] By researching how to budget and save, understanding the investment basics, and overall gaining financial literacy, a recipient may feel more comfortable and ...
Lottery jackpots can reach epic heights. Case in point: the Mega Millions jackpot that surpassed $1.2 billion after the Tues, August 1 drawing. Someone (or some people) will win eventually, and the...
Gerald Selbee broke the code of the American breakfast cereal industry because he was bored at work one day, because it was a fun mental challenge, because most things at his job were not fun and because he could—because he happened to be the kind of person who saw puzzles all around him, puzzles that other people don’t realize are puzzles: the little ciphers and patterns that float ...
Consumers spend $105 billion a year trying to win the lottery even though the odds are vastly against them.
The Florida Lotto winning ticket worth thirty million dollars was sold at a Town Star convenience store in Frostproof, Florida, on November 15, 2006. [2] On that day, Abraham Lee Shakespeare and co-worker Michael Ford were headed toward Miami when they stopped briefly at the convenience store in Frostproof to buy drinks and cigarettes.