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To: nicewatch who wrote (86073)9/4/2025 1:39:21 AM
From: Jeffrey S. Mitchell  Read Replies (3) | Respond to of 88043
 
The same holds for people who get an inheritance, an insurance claim, or some other acquisition of money in one lump sum that is way more than they've ever gotten before. The ironic thing is that the most common worry of people with money is losing their money, hence they are very careful of how they spend it. The complete opposite for people who just fall into it.

This begs the question, if you win the lottery twice, do you learn from your mistake the first time around? I think at that point you've learned to invest it, retire to a sunny place like Arizona, and take side trips to Vegas for fun now and then.

- Jeff



To: nicewatch who wrote (86073)9/4/2025 2:02:57 PM
From: Heywood40  Read Replies (1) | Respond to of 88043
 
There's a name for that:

Sudden Wealth Syndrome

It's a thing.


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