Victors Become Losers in Lottery

With all this speak about the odds against winning Stock lottery [หวยหุ้น, which is the term in Thai], as well as just how much money is thrown away on lottery tickets, one may neglect that individuals do win the pot when in a wonderful while. Every now and then, we reviewed someone that won a massive pot of a couple of hundred million bucks and exactly how he or she is planning on retiring, purchasing a new auto, or giving a portion to a preferred charity.

But we hardly ever read about what actually takes place to these individuals. Do they live rich, successful lives? Keep in mind; most lotto game gamers have really little economic education and learning or experience handling cash. Here are a few instances of people who won jackpots worldwide, and had lost them whole:

  • Michael Carroll, a person from the UK won a $15.4 million lottery game reward in 2002, only to discover himself unemployed, as well as damaged a couple of years later. He lost all the cash on expensive gifts, medicines, a woman of the streets, as well as cars.
  • Evelyn Adams won the New Jacket lottery two times in 1985 as well as 1986 for an overall of $5.4 million, yet lost every penny betting it away in Atlantic City gambling enterprises. She currently stays in a trailer.
  • Jay Sommers is a person from Michigan who won one-fifth of $28.9 million jackpot and proceeded to spend the initial annual check of $290,000 to acquire five automobiles. After that, he worked with a questionable financial advisor, his good friend, who scammed him out of the rest of his profits. Sommers shed all of his payouts and considered a pizza delivery guy.

All of the three individuals could have been much better off had they put their money to collaborate with an advisor. This way, their revenues would have remained secure and offered the opportunity to grow.

So, when you win a Stock lottery today [หวย หุ้น วัน นี้, which is the term in Thai], be careful and invest it so that it can increase in the future.