86% of multy million lottery winners end up broke again a few years later. Thats straight from the GA lotto people.
Most people do not know how to handle that amount of money. Im sure most of us would have a hard time also.
All I see while reading this thread is, I will buy this, give family that, I would buy this 20 bedroom house... Thats where it all goes wrong.
INVESTING is the key. I saw a show on T.V where a dude received 11 Million after all the junk fees. He stayed living in his apartment, still driving his F150 and for the next 5 years he became a investing machine... Literally made over 100 Million out of that 11 in about 5 years.. Hes one of the biggest success story in US history became rich out of lotto winnings.
Shit, If I won even 100K.. I would invest that and change nothing.. keep my life routine and move on.
Some people dont know how to handle wealth... especially when you used to making 30 K a year.
Mo Money mo problems, only applies to idiots.
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Originally Posted by Julio
