SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: David Weis who wrote (48902)7/30/1998 7:54:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
< Husband still works at the factory;>

Okay, I gotta speak up now. Years ago some Indiana guy won about 49 million in a lottery and when asked about the cash and what he would do said he guessed he would pay off the mortgage on the porch. At the time it was the largest lottery ever won in the US.

Could not forget that one. But the factory guy just reminded me....here's a Jersey guy winning the lottery.

Each week, this guy bought the same numbers. If he did not buy, his son did. Birthdays and stuff for the numbers. One week, they both had their wives buy and bought two by accident. They hit. 2 winners. I think it was 39 million. They worked in my factory and told the Machine Shop Manager just where he could shove his job and quit (true story).

Heh. Wives were late buying the tickets. Years of playing the same number, missed it by that much. Two others (somewhere) had the tix.

The guy gave them the jobs back, he was a nice guy. Some of these lottery stories are better than Hollywood. Did you know most of these people are bankrupt within 5 years?

Cannot handle the fact that even controlling millions has limits. It's easy for people to say, "that won't happen to me", but the stats disprove this.

EDIT

I have a friend who hit a Jersey Lotto for $50 grand a year for Life. This was many years ago, Jersey has no "Life" deal any longer, that I know of. He was 18 at the time. Dropped out, got his check each Tuesday, found himself awakening in a gutter by Saturday and too broke to buy food until the next check.

He's doing well now, in his forties I think, but lucky to be alive. Jersey lost the bet with him.