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Powerball Winner - The Rich just got Richer!
Ms Sans Serif
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[quote:Anonymous Coward 20589235:MV8yMDY2MTA1XzM0NzY0NDYwXzJFRTc3NDVB] [b]News article this AM said that 75% of all lottery winners are BROKE WITHIN 5 YEARS!! Winning the Lottery is a FINANCIAL CURSE to MOST WHO WIN IT!![/b] Know a couple of financial planners who have now represented MANY lottery winners ... and both have thrown up their hands after virtually all have run through the money quickly and now advise the winners to TAKE THE PAYMENTS!! That way the winner is still ON A BUDGET and it is hard to blow the entire amount in just 2 to 5 years. Having a yearly payment really serves to keep the winner's spending in check they both tell me. [/quote]
One of the winning powerball tickets sold was in Fountain Hills AZ.
Now if you look up Fountain Hills its a small community of some very nice looking retirement homes, exclusive golf courses and estates homes, next to Scottsdale AZ, where there are many wealthy folks who live there.
Chances are, the lucky winner is an old retiree already rich.
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