Re: $1.6 Billion?

Posted by RedMF40 on October 23, 2018 at 11:49:02 from (23.30.29.193):

In Reply to: $1.6 Billion? posted by Geo-TH,In on October 23, 2018 at 04:06:04:

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Yes, good suggestions on how to proceed if the winnings came your way. It's likely many people don't think that far ahead, because they don't believe they'll actually win.

Hard for me to follow these threads, but if you're talking about the West Va man, it was an all-around bad situation. The kicker is this fellow already had a comfortable life, was doing more than ok. Good contractor with plenty of business, he and his wife were raising their granddaughter. The local papers covered this extensively, and it was almost a case-study for the effects of a mega-windfall on regular folks. The granddaughter got involved with drugs, eventually overdosed and died. The life she and her young friends led was utterly devoid of meaning, and some of her friends who were later interviewed realized this and got out while they could, distanced themselves from the excess and debauchery.

Personally--the things I like are what I've always liked and enjoyed. I don't like old tractors and rusty machinery because I don't have a lot of money--I just like them, and always have. I think a lot of folks who suddenly find themselves rich believe they have to conform to some model of what a rich person lives like.

Go out and buy a Rolls-Royce? Right, that would really fit my lifestyle of mucking around in a gravel and dirt driveway and dragging heavy machines home from God-knows-where. However, even if a winner really tries to maintain a life they had before--I think the external pressures brought on by the money is often too much to bear. As you mentioned, they'd probably be better off without it.

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