This guy bought a bicycle from us yesterday.http://www.wsbtv.com/news/16848866/detail.html?rss=atl&psp=news
He'll be bankrupt within a couple of years. Happens all the time...unless he gets smart and just invested all of it wisely.
I'm sure i'd fund a few strippers coke habits....and The wera peeps would see a graves bike with a TEAMLIKETYSPLIT toy hauler in the pits at EVERY race they have
He says he's going to build a new house with an entertainment room and a big gormet kitchen. The rest of the house will have to be up to par with that. Then there's the land. The new cars he's going to need in the garages. How much of the 5 mil does the US gov. take off the top? He will run out of money within 2 years and his investment firm will be happy with their share of his good fortune.
You're not fooling anyone here...they all know what you want to do to my taint....but it does rhyme with kick
State of GA will get six percent; Feds will withhold 25 percent; actual liability will be dependent upon his income from this and all other sources (job, savings account interest, etc.).
8 lottery winners who lost their millions http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/8lotteryWinnersWhoLostTheirMillions.aspx?page=1
I just don't get it. I've had customers who "came into money" one way or another and alot of them went into win it or bin it mode with the checkbook. There should be a common sense course in high school so that these people will have some sort of brain activity for reason.
It can go the other way. I know a guy who won the first scratch off Texas lottery. He took his winnings (only $1 mil) and started a business. He now has a machine shop with revenues around $8mil per year. Before that he was a truck driver. He IS the exception though.