A woman who won $6 million in a state lottery reveals the good, the bad, and the ugly about netting millions of dollars

[Amestafuu (Emeritus)]

She bought two houses at the right time, her grand kids are set for life

Nope.

 

[In The Zone '98]

The awareness to know it was time to move asap is

 

[In The Zone '98]

Nope.

Well, they'll be in a better position than most. Two properties to move if times get hard.

 

[Red Money]

And a 13 year old son of her own

She had him at 31. Now if her daughter had a high school baby without learning from her mother....it is what it is....

 

[Amestafuu (Emeritus)]

Great article and great interview

Taxes took 50% though

How you not know... They always do if you take the lump sum.

 

[Squirrel from Meteor Man]

Still likes to gamble and buying $3,500 bags with no income I hope her advisor is as good as she says she is

 

[Amestafuu (Emeritus)]

Well, they'll be in a better position than most. Two properties to move if times get hard.

They are in a good position but set for life? Nope, not even close. Her kid and grandkids still gotta have some hustle even if they get a piece of the remainder of investments.

Hopefully they got health insured and homes insured. Stretch the money and don't blow it and they will be relatively comfortable but the money has to keep working or they work themselves. 2 milli plus change won't last 3 generations lives without fine planning.

 

[Peter Popoff]

She did absolutely right on ALL ACCOUNTS. Smart woman and I wish her the best.



It still fukks me up the story of the young breh in his early 20’s who won like 150K and went back to his old hood and tried to be generous and buy toys for neighborhood kids and food for struggling families and muthafukkas burst into his house and murdered him IN FRONT of his kids.


Thats part of the reason why i’d do EXACTLY what this woman did, i’m leaving the state and more than likely the country. Buying my mother a house and car. Setting up a college fund for my daughter. Breaking off my siblings a ONE TIME payment and my two best friends a smaller ONE TIME payment and then i’m going ghost. Only way someone would be able to reach me is through email. And most of that shyt i’d send to spam.

Yea, I'd move to Phoenix and do the same while continuing working remote.

 

[Heafcliffe]

She did right. Scooped the funds and dipped.

Wife and I play lotto in MD for anonymity reasons. DC would plaster ya shyt all over.

 

[Peter Popoff]

Still likes to gamble and buying $3,500 bags with no income I hope her advisor is as good as she says she is

She gets passive income from stocks. Buy a few index funds from top companies and you can easily bring in median income annually.

 

[FreshAIG]

She did it right. Smart lady

 

[kevm3]

At the bare minimum, at least she'll walk away with 2 houses from all of this, which she hopefully paid off in full. Great to hear that she didn't go crazy and by a mini-mansion at 1.5 million. If I was her though, I'd prob have spent a bit more and got behind a gated community so she's around others who have the same amount as her and is in one of those neighborhoods where you know the neighbors will call the cops if they see something going on.

 

[King Poetic]

Good for her to being wise

Only mistake is even telling your friend and your daughter

And people get mad at jay for not giving a cousin $4,800…

The begging won’t stop

 

[shopthatwrecks]

i'm not telling anybody

Yep soon as she told the daughter started babbling

 

[Geordi]

Still likes to gamble and buying $3,500 bags with no income I hope her advisor is as good as she says she is

I keep thinking about this $3500 bag. There's few items I might splurge that amount on, musical instrument, top of the line computer, crazy advanced phone.

But a bag? What