https://kfor.com/news/local/oklahoma-lottery-searching-for-1-million-powerball-winner/
And can I have a loan?
And can I have a loan?
I remember when winning $1M meant something...after taxes, this isn't all that big of a deal anymore.
its enough to pay off my house....
It was me. I pissed it all off on bubblegum and pop bottle rockets.
That's kinda my point. Used to be that a Million dollar lottery win would somewhat "upgrade" someone's life. Now it's enough to make you excited to just pay off the house you're already in.
Exactly and that is the very first thing I would do. Then some home repairs, level the house, have a retaining wall built and the back yard leveled, pay off all bills, then sock any left away into savings. Not that I ever thought about winning of course.
Right?? Wasn't that long ago that $1M, even after taxes were paid, would have been enough to change your life, if you didn't blow it all.
Guess it still is now -- but you'd better be investing what's left after Uncle Sam takes his 3/4ths. And if you aren't 90 years old already, you'd better let compounding do some work for you for 10 or so years, at least.
I swear I will NEVER understand how someone can get a Mother Lode payment of ANY kind and be right back where they were financially -- and a lot of times even worse off -- within 12-18 months.
Right?? Wasn't that long ago that $1M, even after taxes were paid, would have been enough to change your life, if you didn't blow it all.
Guess it still is now -- but you'd better be investing what's left after Uncle Sam takes his 3/4ths. And if you aren't 90 years old already, you'd better let compounding do some work for you for 10 or so years, at least.
I swear I will NEVER understand how someone can get a Mother Lode payment of ANY kind and be right back where they were financially -- and a lot of times even worse off -- within 12-18 months.
In my experience, the people with the most luck at gambling are almost always terrible at money management.
And then people who can manage money responsibly rarely hit it big.
Life can be ironic.
Most winners run through the money like a Goose with the squirts!
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