Do you live in the Nicest Place in America? Past lottery winners weigh in on losing friends, becoming spectacles, and increasing the odds of striking it rich. 1 million, about 70 percent of lotto winners lose or spend all our money in five years or less. These are the 13 things rich people never spend their money on. Some games require you to mail in your losing ticket. People either don’t know about the drawings or don’t take the time to enter, so your odds of winning are always better. We don’t quit while we’re ahead. Do lotto winners still play the lottery?
And we’re sure we’re going to win again. These are the secrets lottery winners won’t tell you. You will be exploited—possibly by your friends. I had one friend who told me this sob story about how behind she was on her local taxes, how they were going to take her house because she couldn’t pay. After she left, I got on my computer, looked up her tax records, and saw that she wasn’t behind. When I printed out that page and sent it to her, well, that was the end of our friendship. Here’s what 10 billionaires say is the definition of success. A lot can seem like a little.
100 million or more, all of a sudden, you feel like the poor one. We answer for our impulse purchases. After we won the lottery, we bought an eight-bedroom, seven-bath, 10,000-square-foot mansion because we could, and it sounded amazing. We are still looked down upon by the truly wealthy. After we won and moved into an exclusive neighborhood, we planned a huge Fourth of July party and invited all our neighbors. None of them came—they thought we didn’t earn our money. Check out the stories of these big lottery winners whose money and luck ran out. It drives me nuts when people ask where I keep the money, how I spend it, and if I still have it. No one would dream of asking a CEO those questions.
Your friends will change with your lifestyle. All lotto winners think they’re going to have the same friends and do the same things. 100 million and you want to fly to Hong Kong for the weekend, you need to either find someone who can afford to go with you or be willing to subsidize someone. Learn the 19 things rich people never, ever do. You may be forced into the spotlight. Many states require that you do a news conference and hold up a big check. I enjoy most—is being able to do things that help other people.
If you want to give a charity a big sum of money, never give it all at once. 100,000 a year for ten years so you can retain some control and make sure the cash is being spent wisely. You haven’t lived until someone picks up the laundry from your front porch and brings it back to you that night, completely done and neatly folded. These are the 26 secrets rich people won’t tell you about their lives and habits. This material may not be published, broadcast, rewritten, or redistributed. All market data delayed 20 minutes. Andrew Cuomo vetoed a bill that would have let lottery winners stay incognito, but a group of recent winners found a loophole and decided to form an LLC to stay anonymus. The winners of the largest-ever New York Lottery jackpot have pulled off the even more historic feat of collecting their checks anonymously — by following the advice of Gov. 437 million, lottery officials revealed Tuesday.
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