After winning a jackpot life changes dramatically. depending on how and where you spend your winnings, it changes for good or bad. Stories of lotto winners make an interesting news and have a big influence on future lotto winners. The saying “the more things change the more they remain the same” has often been found to be true when tracking the lives of some of the biggest lotto winners. Winning the jackpot is no ordinary event and offers individuals a chance to touch the lives of countless others who are not so fortunate.
Many times have we seen people having won the 649 jackpot, with a bottle of champagne in hand declaring that a jackpot win is not going to change them one bit. In spite of this, the point is that more than half of 649 jackpot winner purchased a bigger house in the countryside. More than two thirds of the winners handed over more than £ 1 million to relative and well wishers or friends. Over two thirds of all big lotto winners own overseas property. 90% of the big time lotto winners were in the workforce when they won, however, only 25% are still working. Most lotto winners are proud owners of more than one luxury car. Even today more or less all winners are still playing 649 lotto.
The year was 2005; Brad Duke of Idaho was leading a normal before fortune favored him. Brad was working for Gold’s gym franchises as a manager when he won the $220 million Powerball jackpot. Brad received $85 million as his share of the jackpot and without wasting time he went about managing his finances. Within a month of winning Brad constructed a team of financial advisers in order to handle his new found wealth. His only aim was to be a billionaire by investing his money wisely. Brad put in more than half of his winnings in investments with low risk such as municipal bonds. 35 million were invested in stocks, and real estate who happens to have high risk high return character. He inaugurated a family foundation and alloted $ 1.3 million, paid off his mortgage of $125,000 and student loan of $18,000, presented each family member $12,000 went for a trip to Tahiti with his friends, the cost of the trip estimated around $63,000. But feasibly the most amazing fact is that he bought himself a used car, a black VW Jetta for $ 14,500. Today Brad has wealth over $140 million. Brad took some time off after winning however some time later he went back to work at Gold’s Gym.
Brad’s story is stark contrast to the story of a 19 year old Michael Carroll. Michael won a huge £ 9.7 million in November 2002 but handled to blow all the money. Today he is back to his previous position. Michael ignored the recommendations of experts and well wishers and wasted the wealth that others only dream off.
These are some staggering stories of lotto winners. In case you happen to win a mega jackpot it is recommended that you enjoy the moment but sooner rather than later get back to earth and invest wisely.
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