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Old 09-07-2009, 04:28 AM  
Konda
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Join Date: Apr 2003
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There are many cases of multi-million lottery winners becoming bankrupt.
If you are not used to money and suddenly have millions to spend, it's very easy to screw up. They should include financial advisers with high lottery winners.
People that win 10 million think 'i have 5 million for a house, 2 million for a boat, a nice car, etc' but they forget that with a 5 million dollar house you also need some staff for the garden, the pool, and just the yearly costs of maintenance on the house are huge already. Same with a boat, lots of costs for maintenance, staff, the money it costs to have it in the harbor etc. And before they know it they have nothing left.
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