| Topic: |
Religions > Atheism |
| User: |
"Perky McPerkoff" |
| Date: |
18 Jul 2007 06:47:38 AM |
| Object: |
If You Won The Lotto What Would You Do With The Money |
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
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| User: "ThrillTone.com" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 07:23:36 AM |
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"Perky McPerkoff" wrote
If you won like 500 million in the lotto what would you do with the
money?
I would hire a squad of hacker thugs
to wipe all traces of you from the Internet
--
regards,
Ra
http://thrilltone.com
-------------------
Video Jukebox
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| User: "Perky McPerkoff" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 05:51:20 AM |
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On Wed, 18 Jul 2007 08:23:36 -0400, "ThrillTone.com"
<thrilltone@ykids.com> wrote:
"Perky McPerkoff" wrote
If you won like 500 million in the lotto what would you do with the
money?
I would hire a squad of hacker thugs
to wipe all traces of you from the Internet
So you'd go to jail over me?
You can't ***** with google man, so don't even try.
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| User: "Wilson" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 11:44:13 PM |
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"Perky McPerkoff" <perky@jerky.com> wrote in message
news:k8vr93tm1ucqh7utuoun9apodak5nnbpqr@4ax.com...
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
I'd bet it all on the Daily Double at Belmont Raceway.
.
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| User: "Lord Gow333, Conservative Fullback!" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 11:38:30 AM |
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"Perky McPerkoff" <perky@jerky.com> wrote in message
news:k8vr93tm1ucqh7utuoun9apodak5nnbpqr@4ax.com...
If you won like 500 million in the lotto what would you do with the
money?
I would buy one of these:
http://www.livingwithsteam.org/niagara-prophet5.jpg
and one of these:
http://content.answers.com/main/content/wp/en/thumb/3/39/300px-Fitzgeraldpic.jpg
Ooh! one of these:
http://www.diseno-art.com/images/skycrane.jpg
Gotta have one of these:
http://www.taletattachments.com/node/835
and, well, you get the idea...
LG (needs to fill his toybox)
--
"The United States is like a giant boiler. When the fire is finally lighted
under it, there is no limit to the power it can generate." - Winston
Churchill
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| User: "*nemo*" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 05:20:59 PM |
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In article <k8vr93tm1ucqh7utuoun9apodak5nnbpqr@4ax.com>,
Perky McPerkoff <perky@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Spend a little on myself, save a portion for my descendants to enjoy,
and give the rest away for education.
--
Nemo - EAC Commissioner for Bible Belt Underwater Operations.
Atheist #1331 (the Palindrome of doom!)
BAAWA Knight! - One of those warm Southern Knights, y'all!
Charter member, SMASH!!
http://home.earthlink.net/~jehdjh/Relpg.html
Draco Dormiens Nunquam Titillandus
Quotemeister since March 2002
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| User: "JTEM" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
20 Jul 2007 11:08:00 AM |
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*nemo* <nemo0...@earthlink.dieSPAM.net> wrote:
Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do
with the money?
Spend a little on myself, save a portion for my
descendants to enjoy, and give the rest away for
education.
Build a studio & invest in super-duper digital cameras
suitable for movie work. I'd love to get the rights to
some TV series -- like a new Star Trek series -- but I
doubt that would only be a matter of money, so I'd have
to be content being "executive producer" for indepent
film makers.
Of course, if one or more movies were a commercial
success that could completely pay for everything,
leaving me to spend that money all over again...
I'd also want to own a hotel or upscale apartment
building. Well, not "upscale" as in "fancy," but an
apartment building that included hotel services, such
as maids & dry cleaning.
Anything remaining would go into conservative
investments for myself, family & friends... income
stuff.
I don't think I would do the charity thing with the
money, but with the income from the money.
As far as charities go, I dislike most, and distrust all.
I'd love to, say, contribute to third-world development,
but not through any charity I know of.
I mean, the poorer a nation is, the less they actually
need from us. Nations with high unemployment, for
example, require low-tech, labor intensive solutions,
and not anything a western architect would likely
consider. Anything beyond 19th century technology
is overkill... requiring too few employees and too
many foreign "experts," materials and tools.
Portland cement is already about 200 years old, and
the Romans were building with cement about 1,800
years earlier. Building roads & sewers shouldn't be
any kind of a problem for third-world nations, relying
heavily on labor over modern machinery & local
materials instead of imported supplies.
Okay, babble over...
--
Nemo - EAC Commissioner for Bible Belt Underwater Operations.
Atheist #1331 (the Palindrome of doom!)
BAAWA Knight! - One of those warm Southern Knights, y'all!
Charter member, SMASH!!http://home.earthlink.net/~jehdjh/Relpg.html
Draco Dormiens Nunquam Titillandus
Quotemeister since March 2002
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| User: "MAXdaAXEjd" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 10:48:55 AM |
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On Jul 18, 3:20 pm, *nemo* <nemo0...@earthlink.dieSPAM.net> wrote:
In article <k8vr93tm1ucqh7utuoun9apodak5nnb...@4ax.com>,
Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Spend a little on myself, save a portion for my descendants to enjoy,
and give the rest away for education.
--
Nemo - EAC Commissioner for Bible Belt Underwater Operations.
Atheist #1331 (the Palindrome of doom!)
BAAWA Knight! - One of those warm Southern Knights, y'all!
Charter member, SMASH!!http://home.earthlink.net/~jehdjh/Relpg.html
Draco Dormiens Nunquam Titillandus
Quotemeister since March 2002
cruise the bottom for mermaids, id bling it all out too...
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| User: "Bob Barnett" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 11:00:00 AM |
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Summer house in the Western Isles off Scotland
Winter apt in 16th century apt facing the Eiffel Tower and Seine in Paris
Full time cook and chauffeur
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| User: "MAXdaAXEjd" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 10:48:14 AM |
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On Jul 18, 3:20 pm, *nemo* <nemo0...@earthlink.dieSPAM.net> wrote:
In article <k8vr93tm1ucqh7utuoun9apodak5nnb...@4ax.com>,
Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Spend a little on myself, save a portion for my descendants to enjoy,
and give the rest away for education.
--
Nemo - EAC Commissioner for Bible Belt Underwater Operations.
Atheist #1331 (the Palindrome of doom!)
BAAWA Knight! - One of those warm Southern Knights, y'all!
Charter member, SMASH!!http://home.earthlink.net/~jehdjh/Relpg.html
Draco Dormiens Nunquam Titillandus
Quotemeister since March 2002
id probably get a submarine...
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| User: "Perky McPerkoff" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 12:34:28 AM |
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On Wed, 18 Jul 2007 22:20:59 GMT, *nemo*
<nemo0037@earthlink.dieSPAM.net> wrote:
In article <k8vr93tm1ucqh7utuoun9apodak5nnbpqr@4ax.com>,
Perky McPerkoff <perky@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Spend a little on myself, save a portion for my descendants to enjoy,
and give the rest away for education.
I'd just go on tv and let the world know about my website Perkoff.com
after that I'd be on shows like Extra and Entertainment Tonight. I'd
be a guest on Jay Leno and Jimmy Kimmel, Howard STern if I feel like
getting up that early, or staying up that late.
Thing is I'm a star, all I gotta do is get the word out there. I win
the lotto and I won't even have to spend the lotto money, I'll be
making money hand over fist just for my archives.
http://perkoff.com all I need is for the media to pick up me and
there.
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| User: "ThrillTone.com" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 02:59:00 AM |
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"Perky McPerkoff" wrote
I'd just go on tv and let the world know about my website Perkoff.com
after that I'd be on shows like Extra and Entertainment Tonight. I'd
be a guest on Jay Leno and Jimmy Kimmel, Howard STern if I feel like
getting up that early, or staying up that late.
Thing is I'm a star, all I gotta do is get the word out there. I win
the lotto and I won't even have to spend the lotto money, I'll be
making money hand over fist just for my archives.
http://perkoff.com all I need is for the media to pick up me and
there.
You may succeed.
I suppose it is possible that someone will wish to do a story
on delusional jerkoffs who are desperate for attention
and who are completely devoid of any talent?
--
regards,
Ra
http://thrilltone.com
-------------------
Video Jukebox
-------------------
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| User: "JMiller" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 03:14:09 AM |
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On Thu, 19 Jul 2007 03:59:00 -0400, "ThrillTone.com"
<thrilltone@ykids.com> wrote:
"Perky McPerkoff" wrote
I'd just go on tv and let the world know about my website Perkoff.com
after that I'd be on shows like Extra and Entertainment Tonight. I'd
be a guest on Jay Leno and Jimmy Kimmel, Howard STern if I feel like
getting up that early, or staying up that late.
Thing is I'm a star, all I gotta do is get the word out there. I win
the lotto and I won't even have to spend the lotto money, I'll be
making money hand over fist just for my archives.
http://perkoff.com all I need is for the media to pick up me and
there.
You may succeed.
I suppose it is possible that someone will wish to do a story
on delusional jerkoffs who are desperate for attention
and who are completely devoid of any talent?
I wouldn't say he's devoid of talent. A few of his movies have been
pretty entertaining. Granted, he does a lot that aren't, but there's
been a few that have made me laugh out loud.
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| User: "" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 04:23:44 PM |
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On 18 jul, 13:47, Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
I would stop work, buy a Jeep and go meet the Pygmees in dark africa.
My wife wants to go there and cook for them
or possibly for Papua's . . .
After that, retire and watch Rubber-trees and grand-children grow in
Thailand
Peter van Velzen Daengprasert
July 2007
Amstelveen
The Netherlands
Peter
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| User: "Dubh Ghall" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 05:39:59 PM |
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On Thu, 19 Jul 2007 14:23:44 -0700, "pbamvv@worldonline.nl"
<pbamvv@worldonline.nl> wrote:
On 18 jul, 13:47, Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
I would stop work, buy a Jeep and go meet the Pygmees in dark africa.
My wife wants to go there and cook for them
or possibly for Papua's . . .
After that, retire and watch Rubber-trees and grand-children grow in
Thailand
We would move, somewhere quiet, about a hundred miles from the road.
--
The spelling like any opinion stated here
is purely my own
#162 BAAWA Knight.
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| User: "Robibnikoff" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
20 Jul 2007 09:22:31 AM |
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"Dubh Ghall" <puck@pooks.hill.fey> wrote in message
news:0npv939bth4ttvu5k5tctpn2r4v0pgh3kq@4ax.com...
On Thu, 19 Jul 2007 14:23:44 -0700, "pbamvv@worldonline.nl"
<pbamvv@worldonline.nl> wrote:
On 18 jul, 13:47, Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
I would stop work, buy a Jeep and go meet the Pygmees in dark africa.
My wife wants to go there and cook for them
or possibly for Papua's . . .
After that, retire and watch Rubber-trees and grand-children grow in
Thailand
We would move, somewhere quiet, about a hundred miles from the road.
I'd finally get that pony I always wanted ;)
--
Robyn
Resident Witchypoo
BAAWA Knight!
#1557
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| User: "skyeyes" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 06:01:58 PM |
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On Jul 18, 4:47 am, Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Divvie it up between my kid brother, my best friend, and My Fella, and
myself.
With the part I kept, I'd:
1. Endow a major scholarship in my parent's name at The University of
Arizona College of Medicine.
2. Give huge chunks of money to several no-kill animal shelters.
3. Establish "scholarships" at local veterinary clinics to help
elderly/low income people get their animals the veterinary care they
can't afford
4. Get myself the horse I've always wanted to own.
5. Quit work and catch up on my reading.
Brenda Nelson, A.A.#34
EAC Professor of Feline Thermometrics and Cat-Herding
skyeyes at dakotacom dot net
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| User: "V" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
20 Jul 2007 07:02:40 AM |
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On Jul 18, 7:47?am, Perky McPerkoff <pe...@jerky.com> wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
My life would more or less stay the same I would think. Although one
can never know unless one has to deal with all those millions in
person.
I would stay in my same house.
Buy a new kitchen for $18,000
Buy a Subaru Sti for $36,000
Buy a Honda generator for my little RV for $800 - $900
Buy a new Subaru Forester for $24,000
Buy a crotch rocket for $12,000 to $20,000
Build a 'fun house' with sauna, endless wave pool, climbing gym, skate
park, etc., for all year inside use for $300,000 to $600,000.
Hire a coach to teach me to stay in the kayak instead of being beat to
hell on the rocks in whitewater.
Invest 3 or 4 million $ in high grade fixed income securities to
generate yearly income around $150,000 a year. Set up my kid and wife
with same trust fund and yearly income.
Send some money the way of my relatives that are in need help.
The rest of the money?
Would have to set wife up as a charitable trust to give it away, as
money can be very dangerous for a clutterer and compulsive spender
like me.
Other than those dreams, am very lucky to have all I need right now.
Always remember...Circumstances does not make the man - it reveals him
to himself
Jack Whittaker, the largest lotto winner in history, winning $314.9
million was in the news recently claiming he is broke...just a few
years after winning his fortune on Christmas 2002. Just like any other
rich and famous celebrities life, his family was put under a
microscope as well after winning the money. I have followed his life
with some interest, as I run into so many people that think not being
rich is the only reason they are unhappy. So I like to follow up on
people that get their wish to riches and see how they turn out.
Jack has had many problems and tragedies in his life since December
25, 2002. I recall hearing about his beloved granddaughters death from
drug overdose. Jack had bought her 15 cars, but it seems that 15 cars
was not enough to make her happy, content and keep her alive. Jack has
bounced checks at Atlantic City casinos and was robbed at an adult
strip bar a while back. Another report on the news had charges being
brought up against him for threatening the life of a bartender after
being banned from the bar for being unruly. There were also some
lawsuits from disgruntled women. Jack arrested for DUI. A young man
was also mysteriously found dead at his house. Jack's wife says she
wished she had torn up that winning ticket and never cashed it.
Was all this the 'curse of the lotto' or was it something else? Money
is not bad or good, money is stored energy and it is people that do
bad or good things with money. Since money is stored energy, it is
just a magnifier of what we are like inside when we come into large
amounts of it. I can say positively that money cannot buy
happiness...money can only buy distractions.
Lets look at another celebrity Mel Gibson's. Mel was arrested for
drunk driving and when he was arrested was ranting anti-semitic
remarks to anyone in earshot. They said Mel made 30 to 40 million
dollars from his Jesus movie. I guess it wasn't enough money for him
to 'buy' some peace. I am not writing about Jack or Mel to badmouth
them. I am writing about this topic to underscore the facts that as
James Allen tells us in "As A Man Thinketh" - "Circumstances does not
make the man - it reveals him to himself" As such, money cannot buy
happiness, money cannot buy virtue and it especially can never buy
peace and serenity. Many of us put our happiness and hopes of peace on
hold until we would come into a windfall, maybe not as extreme as
Jacks windfall, but we put things on hold none the same and cannot
find happiness and peace where we are at.
The study of philosophy that deals with developing virtue stems back
to the early Greek philosophers. Virtue can be defined as 'excellence
of the soul' or moral excellence. (Although the Greeks thought of
'soul and form' in different terms than say Christians think of soul.
For example, the soul of an eye would be its ability to 'see' and
whether this ability was good or bad would decide whether the soul of
an eye had 'virtue' or excellence.) The concept of understanding
virtue can be told in a story of the 'Ring of Gyges' or 'Myth of
Gyges'. This story was taken from Plato's Republic and recounts how
the shepherd Gyges finds a ring on a hand extending from a crack in
the earth and removes the ring from the hand and puts it on. Gyges
discovers the magic ring gives him powers to be invisible at will and
then uses these powers to kill the king, rape the queen and take over
the kingdom.
In readily understandable terms we can define virtue for us from this
story of Gyges and ask ourselves the question, "What would we do if no
one was looking or we knew we would not get caught?" No heaven, no
hell, no karma, no police, nothing but us and our virtue? Would our
actions promote our inner peace as well as the inner peace of others
or would our actions destroy our peace and the peace of others? Take
away the fear of pain of karma or hell and you have a different
person? A truly virtuous life remains the same irrespective of such
fears and is not based on them
Virtue is not learned from the classroom, other than memorizing
definitions. Remember, a fool can only say what he knows ~ it takes a
wise man to know what he says. How do we become a success at living a
virtuous life and really know what we say? As a lecture on Aristotle
mentioned: "We are what we repeatedly do. Excellence, then, is not an
act but a habit." We develop it by practice. Practicing 'excellence of
the human soul' is how.
Is money all that is holding you back from happiness? Here is an
interesting story about some lotto winners that found out that
"circumstances do not make the man - they reveal him to himself." In
a nutshell, it all boils down to what an old sponsor told me in
Debtors Anonymous told me many years ago..."if we are spiritually
sick, we will find a way to get rid of the money no matter what."
Posted at AOL Personal Finance (edited)
By ELLEN GOODSTEIN
For a lot of people, winning the lottery is the American dream. But
for many lottery winners, the reality is more like a nightmare.
"Winning the lottery isn't always what it's cracked up to be," says
Evelyn Adams, who won the New Jersey lottery not just once but twice
(1985, 1986) to the tune of $5.4 million. Today the money is all gone
and Adams lives in a trailer.
"I won the American dream but I lost it, too. It was a very hard fall.
It's called rock bottom," says Adams.
"Everybody wanted my money. Everybody had their hand out. I never
learned one simple word in the English language -- 'No.' I wish I had
the chance to do it all over again. I'd be much smarter about it now,"
says Adams who also lost money at the slot machines in Atlantic City.
"I was a big time gambler," admits Adams. "I didn't drop a million
dollars, but it was a lot of money. I made mistakes, some I regret,
some I don't. I'm human. I can't go back now so I just go forward, one
step at a time."
Living on food stamps
William "Bud" Post won $16.2 million in the Pennsylvania lottery in
1988 but now lives on his Social Security.
"I wish it never happened. It was totally a nightmare," says Post.
A former girlfriend successfully sued him for a share of his winnings.
It wasn't his only lawsuit. A brother was arrested for hiring a hit
man to kill him, hoping to inherit a share of the winnings. Other
siblings pestered him until he agreed to invest in a car business and
a restaurant in Sarasota, Fla., -- two ventures that brought no money
back and further strained his relationship with his siblings.
Post even spent time in jail for firing a gun over the head of a bill
collector.
Within a year, he was $1 million in debt.
Post admitted he was both careless and foolish, trying to please his
family. He eventually declared bankruptcy.
Now he lives quietly on $450 a month and food stamps.
"I'm tired, I'm over 65 years old, and I just had a serious operation
for a heart aneurysm. Lotteries don't mean [anything] to me," says
Post.
Deeper in debt
Suzanne Mullins won $4.2 million in the Virginia lottery in 1993. Now
she's deeply in debt to a company that lent her money using the
winnings as collateral.
She borrowed $197,746.15, which she agreed to pay back with her yearly
checks from the Virginia lottery through 2006. But, when the rules
changed allowing her to collect her winnings in a lump sum, she cashed
in the remaining amount. But, she stopped making payments on the loan.
She blamed the debt on the lengthy illness of her uninsured son-in-law
who needed $1 million for medical bills.
Mark Kidd, the Roanoke, Va., lawyer who represented the Singer Asset
Finance Company who sued Mullins, confirms. He won a judgment for the
company against Mullins for $154,147 last May, but they have yet to
collect a nickel.
"My understanding is she has no assets," says Kidd.
Back to the basics
Ken Proxmire was a machinist when he won $1 million in the Michigan
lottery. He moved to California, went into the car business with his
brothers and within five years, Ken had filed for bankruptcy.
"He was just a poor boy who got lucky and wanted to take care of
everybody," explains Ken's son Rick.
"It was a hell of a good ride for three or four years, but now he
lives more simply. There's no more talk of owning a helicopter or
riding in limos. We're just everyday folk. Dad's now back to work as a
machinist," says his son.
Willie Hurt of Lansing, Mich., won $3.1 million in 1989. Two years
later he was broke and charged with murder. His lawyer says Hurt spent
his fortune on a divorce and crack cocaine.
Charles Riddle of Belleville, Mich., won $1 million in 1975.
Afterward, he got divorced, faced several lawsuits and was indicted
for selling cocaine.
Missourian Janite Lee won $18 million in 1993. Lee was generous to a
variety of causes, particularly politics, education and the community.
But according to published reports, eight years after winning, Lee had
filed for bankruptcy with only $700 left in two bank accounts and no
cash on hand.
One Southeastern family won $4.2 million in the early '90s. They
bought a huge house and succumbed to repeated family requests for help
in paying off debts.
The house, cars and relatives ate the whole pot. Eleven years later,
the couple is divorcing, the house is sold, and they have to split
what is left of the lottery proceeds. The wife got a very small house
and the husband has moved in with the kids. Even the life insurance
they bought ended up getting cashed in.
"It was not the pot of gold at the end of the rainbow," says their
financial advisor.
Luck is fleeting
These sad-but-true tales are not uncommon, say the experts.
"For many people, sudden money can cause disaster," says Susan
Bradley, a certified financial planner in Palm Beach, Fla., and
founder of the Sudden Money Institute, a resource center for new money
recipients and their advisors.
"In our culture, there is a widely held belief that money solves
problems. People think if they had more money, their troubles would be
over. When a family receives sudden money, they frequently learn that
money can cause as many problems as it solves," she says.
Craig Wallace, a senior funding officer for a company that buys
lottery annuity payments in exchange for lump sums, agrees.
"Going broke is a common malady, particularly with the smaller
winners. Say you've won $1 million. What you've really won is a
promise to be paid $50,000 a year. People win and they think they're
millionaires. They go out and buy houses and cars and before they know
it, they're in way over their heads," he says.
Are you really a 'millionaire'?
Part of the problem is that the winners buy into the hype.
"These people believe they are millionaires. They buy into the hype,
but most of these people will go to their graves without ever becoming
a millionaire," says Wallace, who has been in the business for almost
a decade.
"In New Jersey, they manipulate the reality of the situation to sell
more tickets. Each winner takes a picture with a check that becomes a
3-foot by 5-foot stand-up card. The winner is photographed standing
next to a beautiful woman and the caption reads: 'New Jersey's newest
millionaire.'"
Winning plays a game with your head
Bradley, who authored "Sudden Money: Managing a Financial Windfall,"
says winners get into trouble because they fail to address the
emotional connection to the windfall.
"There are two sides to money. The interior side is the psychology of
money and the family relationship to money. The exterior side is the
tax codes, the money allocation, etc."
"The goal is to integrate the two. People who can't integrate their
interior relationship with money appropriately are more likely to
crash and burn," says Bradley.
"Often they can keep the money and lose family and friends -- or lose
the money and keep the family and friends -- or even lose the money
and lose the family and friends."
Bill Pomeroy, a certified financial planner in Baton Rouge, La., has
dealt with a number of lottery winners who went broke.
"Because the winners have a large sum of money, they make the mistake
of thinking they know what they're doing. They are willing to plunk
down large sums on investments they know nothing about or go in with a
partner who may not know how to run a business."
What if you get so (un)lucky?
To offset some bad early-decision making and the inevitable requests
of friends, relatives and strangers, Bradley recommends lottery
winners start by setting up a DFZ or decision-free zone.
"Take time out from making any financial decisions," she says. "Do
this right away. For some people, it's smart to do it before you even
get your hands on the money.
"People who are not used to having money are fragile and vulnerable,
and there are plenty of people out there who are willing to prey on
that vulnerability -- even friends and family," she cautions.
"It's not a time to decide what stocks to buy or jump into a new house
purchase or new business venture.
"It's a time to think things through, sort things out and seek an
advisory team to help make those important financial choices."
As an example, Bradley says that on a list on 12 things people who
come into a windfall will spend money on, buying a house is at the top
of the list while investing is number 11.
"You really don't want to buy a new house before taking the time to
think about what the consequences are.
"A lot of people who don't have money don't realize how much it costs
to live in a big house -- decorators, furniture, taxes, insurance,
even utility costs are greater. People need a reality check before
they sign the contract," she says.
Evelyn Adams, the N.J. lottery double-winner, learned these lessons
the hard way.
"There are a lot of people out there like me who don't know how to
deal with money," laments Adams. "Hey, some people went broke in six
months. At least I held on for a few years."
Take care,
V (Male)
Agnostic Freethinker
Practical Philosopher
AA#2
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| User: "John Baker" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 10:36:40 AM |
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On Wed, 18 Jul 2007 06:47:38 -0500, Perky McPerkoff <perky@jerky.com>
wrote:
If you won like 500 million in the lotto what would you do with the
money?
Hire a hit man and have you killed, Jerkoff.
<re-PLONK!>
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals. Make it so there is no one in the WWE.
I'd make my promotion have 4 PPV's a year, one every 3 months.
I'd have a weekly show but I'd mainly have squash matches with a one
or two name VS name matches on the top of the card. I'd only showcase
the champion on PPV's if you want to see the champ you're gonna have
to order the PPV.
After I did this I would have a monopoly on pro-wrestling cause I
would have just put the WWE out of business.
What would you do if you won the Lotto? I'd put the WWE out of
business if I won it.
.
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| User: "ThrillTone.com" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
18 Jul 2007 11:35:25 AM |
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Perky McPerkoff wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals...
Your plan would probably work.
Once you were in charge,
some of the wrestlers would let you blow them for sure!
--
regards,
Ra
http://thrilltone.com
-------------------
Video Jukebox
-------------------
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| User: "Perky McPerkoff" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 12:31:57 AM |
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On Wed, 18 Jul 2007 12:35:25 -0400, "ThrillTone.com"
<thrilltone@ykids.com> wrote:
Perky McPerkoff wrote:
If you won like 500 million in the lotto what would you do with the
money?
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals...
Your plan would probably work.
Once you were in charge,
some of the wrestlers would let you blow them for sure!
LOL, I like how you pretend to be a juvenile idiot.
.
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| User: "ThrillTone.com" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 02:56:14 AM |
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"Perky McPerkoff" wrote
Me being a pro wrestling fan would buy all the WWE stars up and sign
them all to 2 year deals...
Your plan would probably work.
Once you were in charge,
some of the wrestlers would let you blow them for sure!
LOL, I like how you pretend to be a juvenile idiot.
Yeah.
I'm jealous, because you don't have to pretend.
--
regards,
Ra
http://thrilltone.com
-------------------
Video Jukebox
-------------------
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| User: "Perky McPerkoff" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 12:30:49 AM |
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On Wed, 18 Jul 2007 11:36:40 -0400, John Baker <nunya@bizniz.net>
wrote:
On Wed, 18 Jul 2007 06:47:38 -0500, Perky McPerkoff <perky@jerky.com>
wrote:
If you won like 500 million in the lotto what would you do with the
money?
Hire a hit man and have you killed, Jerkoff.
<re-PLONK!>
Should hire a doctor to diagnosis why you're letting a guy named
Perkoff get under your not so thick skin.
http://perkoff.com
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| User: "" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 11:28:15 AM |
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Perky McPerkoff wrote:
If you won like 500 million in the lotto what would you do with the
money?
Send SCRUFF to a fat farm...
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| User: "Ahmed Johnsons Beer Belly v2.0" |
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| Title: Re: If You Won The Lotto What Would You Do With The Money |
19 Jul 2007 11:04:30 AM |
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Scrooge McDuck Style Swimming Pool full of money.
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