It's fairly well-known that many huge lottery jackpot winners' lives get destroyed because they win the lottery. They become a target for drug dealers, hookers, swindlers, thieves etc.. Even just having to deal with the jealousy and envy from your own family can take its toll on you.
So what age do you think would be the best to come into a large amount of cash unexpectedly?
If you're too young, say in your 20s, you would probably be more likely spend the money extremely foolishly trying to impress people without making sound investments and be broke within a few years.
If you're too old, say your 80s, obviously you won't have much time to enjoy the money and lifestyle that comes with your new found wealth.
I'm thinking the best age would be around 40 to have a good balance of responsibility and being able to appreciate the money after not having it for quite a while. After all, there is a saying "life begins at 40".
I have a feeling most 25 year olds would still say 25 is old enough to be mature enough to handle it.
I guess the reason I'm making this thread is to feel better about turning 40 in 5 weeks.
