Now here is a story of karmic justice if ever there was one. Instead of informing her husband of 25 years, she applied for divorce instead. Rossi then kept her winnings secret during the entire court proceedings. Three years later, the truth came out and a court ruled she had violated state asset disclosure law.
Her punishment? She was ordered to pay every single penny of her winnings to her ex-husband. She splurged on designer handbags and he recorded an album with the band he played with in university. He also built sports fields and playgrounds, and even bought Brenda, the cashier, a new house and car.
Crowds of people began seeking Jack out, all with a sad story to tell and begging for a hand-out. After being continually harassed Jack stopped going in for breakfast.
His commitment to remain humble and use his windfall to spend more time with his family was soon forgotten. Instead, he spent more and more time hanging out with his new party-hard friends at casinos and bars. And the chances of getting a return on your investment is much better. Take that, lotto! You basically doubled your money thanks to the magic of compound interest.
When you are feeling strapped for cash, the last thing you want to do is spend what little money you do have to your name on a gimmick like the lottery. And the less money you have, the more wisely you need to manage it, because you really don't have as much room for error. Instead, focus on working hard, living on a budget, and saving your money.
It works every time , unlike the lotto. When you make a budget and get out of debt, you have some breathing room in your life. You might even feel like you got a raise when you see how much money you have left over after doing your budget. Ready to come into some money without ever having to gamble on the lotto again? Get our free budgeting app, EveryDollar , and get started making your first budget!
Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since People run though their money.
Easy comes, easy goes. They go through divorce or people die. About 70 percent of people who suddenly receive a windfall of cash will lose it within a few years, according to the National Endowment for Financial Education. The thenyear-old West Virginia construction company president claimed he went broke about four years later and lost a daughter and a granddaughter to drug overdoses, which he blamed on the curse of the Powerball win, according to ABC News.
Well, I wish that we had torn the ticket up, too.
0コメント