NY Times Interactive: Powerball Winners, Beware: Good Fortune Can Trigger a Downfall

[LiberalElite]

http://www.nytimes.com/interactive/2016/01/14/us/lottery-winners-whose-lives-were-ruined.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region®ion=top-news&WT.nav=top-news&_r=0

snip

For some people who won the lottery, hitting it big turned out to be the worst thing that could happen.

snip

[dixiegrrrrl]

1. I have read several long articles on lottery winners who did not find happiness in winning

2 of them were murdered by greedy people

But overall, the ones discussed were also not overly bright to begin with , essentially.
One British winner learned that if you do hookers and blow every day, it takes about 9 years to run thru a fortune.

Many others made very unsophisticated investments and gave wayyyy too much money to greedy relatives and sudden new friends,
plus the sure fire con men who showed up.
Some bought 3 or more houses, then had to sell when they were broke and could not afford upkeep and taxes on the properties.

Guess why the number #1 rule in winning big is....do NOT tell anybody for a few weeks.

[LiberalElite]

2. Oh, I'd really keep it on the QT to the point that

I'd even keep working!

It's a shame though - people get the loads of cash of their dreams but they really have no idea how to handle it.