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Stress, depression, estrangement, divorce, premature death, and bankruptcy are just a few potential outcomes of winning a substantial jackpot.
Andrew (Jack) Whittaker Jr. won the $314.9 million Powerball Jackpot in 2002, the largest lottery jackpot in the United States at that time. After taxes, he collected a lump sum of $113 million.
Michael Carroll was a UK National Lottery winner that won £9.7 million lottery prize in 2002. The Daily Mail reported that he had spent his money on drugs, gambling, and thousands of prostitutes. At one point, he smoked £2,000 of crack cocaine daily
What happens when you win the lottery twice? Evelyn Basehore attests that you can still lose all your money. In 1985, she won the $3.9 million Pick Six Jackpot. Less than six months later, she won $1.4 million (coincidentally, another Pick Six Jackpot).
Tell everyone. When you let out the word, you will have long-lost relatives and friends coming out of the woodwork begging you for money.
Work with a certified life planner. By working with one, you can understand what would a happy life look like to you. With proper planning, you can live the happiest life.”
The odds of winning the lottery are incredibly low, if not minuscule. Whether you are playing the Powerball, Mega Millions, the Lotto, or Dailies, you have to understand what comes after.
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