Student Wins Lottery: Quits School

@theprogamer (10539)
United States
December 27, 2007 9:18pm CST
http://www.reuters.com/article/newsOne/idUSN2740373220071227 Now if it was me I'd not have done the same thing. I'd have at least completed my education at the time. Of course, the rest of my future might be up in the air. Ah who am I kidding, I'd probably find something to do. Definitely possibility I'd still be employed. There is no way I could be lax on this its impossible. Yes I know the figures may not mean much to others but consider if it was a good figure for your purposes. Would you have done the same thing at that time in your life? If it presently happened to you, what would happen then?
12 people like this
34 responses
@aries_0325 (3062)
• Philippines
1 Jan 08
If I am the student who won a million in the lottery, I would put the money in the bank first and find an excellent school that can make me a good person after finishing my course. I will use the money for my schooling. And I believe if I use that money and quits schooling, maybe the money can be lost if I use it in a wrong way. But if I have an education, I can use my knowledge to protect my money and use it in good and better way and maybe I can double or triple it. I am also believe that education is a great wealth that can never been lost but your money will be lost.
2 people like this
@mrsjbelle (1641)
• United States
1 Jan 08
I'd be a 31 yr Retiree. Laying on a Beach sipping Coladas. Payback for all the hard work Ive done. More then some not as much as others.
2 people like this
@sergedan (768)
• Romania
31 Dec 07
I think I'd stay in school,you never know what money can do to a person.It changes you nonetheless. I can't say that he is wrong in abandoning school either,it's his personal choice.
2 people like this
31 Dec 07
I'm very with you. I'd put the money to widen what I already know, so finish school and then go onto college and progress into a steady job role. The money would be ideal for being able to do my dream job, I already do but still if I at school I wouldn't! I'm confused now... hehe ~Joey
2 people like this
@devilsangel (1817)
• United States
28 Dec 07
I think even if I won a 5 million dollar lottery I wouldn't quit school. Reson being is I value my education. I probably wouldn't work, or I'd get a job I could do at my own free will. I wouldn't go blowing it all either.. I'd buy the basic stuff, take a vacation and pay off bills. After that the rest is going into a bank.
1 person likes this
@theprogamer (10539)
• United States
5 Jan 08
Similar to me. If it was a decent lottery sum, I'd take care of the basics, then its up in the air after that. I'm really not much on spending.
1 person likes this
• United States
28 Dec 07
If the winnings were substantial I would probably do the same thing. You only live once. Why not live it to the fullest? He can always go back to school if he so chooses to, if he gets bored.
1 person likes this
@theprogamer (10539)
• United States
5 Jan 08
I admit, I didn't fully see it that way. Thanks for the refresher Elusive. There's alot to be said about this perspective too, very apt in the right view.
1 person likes this
@chunter (1761)
• Singapore
28 Dec 07
I would have completed my education first before planning to do other things with the lottery money... Probably go invest or start business, and also go for a long holiday
1 person likes this
@theprogamer (10539)
• United States
5 Jan 08
I was thinking something along these lines too, if a similar event happened to me.
1 person likes this
• Italy
1 Jan 08
I think you're right, education is not only important to make money but to make you a complete person. I wouldn't have quit university but I think I would have done it with less stress to find a work than now
1 person likes this
@laylomo (166)
• United States
28 Dec 07
I'd act as if I never won the lottery. I would take all the money and put it into some portfolio or index and get some interest. I'd continue my education and get my degree. I remember watching a documentary about lottery winners in the United States; many of them lose a substantial amount of money blowing it off on stupid things. As one of my teachers used to say: "They can repossess everything, but they can't repossess your knowledge". Maybe after I finish my education, I would take the money, invest in a business or continue with stocks.
1 person likes this
@lecanis (16664)
• Murfreesboro, Tennessee
28 Dec 07
For me it would depend on what I was studying. If I had chosen my major based more on career prospects than my personal interests, I could see quitting. However, if I was studying something I really enjoyed, I would likely stay in school, though I could definitely see taking a year off! Right now if I won the lottery, one of the first things I would do is go to college. I didn't get to finish college because of health problems, which made me miss most of a semester and then lose my scholarships. So if I won the lottery, one of my first thoughts would be getting back into college just for the sake of studying things that interest me. :)
1 person likes this
@garnet80 (354)
• Australia
28 Dec 07
I would have finished my education for sure. As for now well I've been out of school for ten years so I would probably still work but then again it makes you stop and think. If you have all that money should we leave the paying jobs for those who need them and do volunteer jobs instead.
1 person likes this
@chari_dc (493)
• Philippines
28 Dec 07
putting myself in a student's shoes, i'd probably do the same thing. think of it this way: you're a STUDENT. you're young, restless, anxious to get on with life. you suddenly get a lot of money, so you automatically would do what you've always wanted to do, which is, quit school. but i do hope, later on, when this kid gets to ponder about his life, he'd reconsider and go back to school. it may be just a spur-of-the-moment decision right now. he should know that education is the most valuable wealth he could ever have. and yes, donate part of it to charity, will ya, kid?? :)
• China
28 Dec 07
yes ,we must first complete our education.we can't waste our former time .the degree is easily gotten. though there is much money and we won't engage our major,we can't give up halfway.our basic personality can't be destroyed. do you agree to me ?
1 person likes this
@youless (91539)
• Guangzhou, China
28 Dec 07
If I won the lottery when I was a student, I would also think about quitting school. However, right now I think I don't have to quit school even if I win the lottery. My life just will become better since I win the lottery. And therefore I can feel relaxing to focus study and then select what I want to do after I graduate.
1 person likes this
• Canada
28 Dec 07
I'd probably finish, there's no point of wasting money on education if you're not going to finish. I'd put the money in the bank and live on the interest but I'd also donate some to charity.
1 person likes this
• United States
28 Dec 07
I would be debt free first and foremost. I would invest a little of the money into my business, and I would also put some away to gain interest somewhere, maybe a money market account. If I was in school at the time I would definately finish, because money doesn't last forever, and that would be a good leg up to get some training to get a good job. I would like to follow this kid and find out what happens to him in five years. Unfortunately this sounds like one of those stories where a person wins the lottery and is broke and in debt like two years later.
@theprogamer (10539)
• United States
5 Jan 08
*nods* On both points, bullseye. Well on the second point it could be this person ends up in debt, or ends up way worse like here in stateside (blowing it on..."adult" entertainment for one... or leaving out in the open to get stolen for another case). Some of the stateside lottery winners can take the cake when it comes to lottery "fumbles".
• United States
5 Jan 08
Leave it out in the open for it to get stolen? Come on you can't be serious on this one programmer. I don't leave a dollar out in the open at my house if certain people are to stop by, you mean to tell me people have left their LOTTERY WINNINGS, which I am assuming was at least hundreds, in the open for people to steal?!? How dumb can you get?
@theprogamer (10539)
• United States
5 Jan 08
I am serious, this happened a couple of years back. In fact its actually a blend of both points I put down. The guy was at an "adult" facility, and he left a big pile of money (hundreds of thousands of dollars) on the passenger's side of the pick up truck. -_- Right in the open. /facepalm.
1 person likes this
@carmelanirel (20979)
• United States
28 Dec 07
I think that's sad that he quit school, but if it were me, I probably would have done the same thing. I hope at least he goes for his GED, it only takes a few weeks and he can have something to show in case he loses it all..
• United States
28 Dec 07
Sorry, I didn't read it close enough the first time, I am in a daze this morning... He is in college. Well, then he is old enough to know better, hopefully he will pay off his college and keep that option open...I have heard too many horror stories where people get way too much money at once like this and it ruins their life, because they don't know how to handle it..
@skinnychick (6907)
• United States
28 Dec 07
If it was me I would pay off my school- I'm in debt with school loans so far to the tune of 20,000 bucks and I'm not done yet I still have a year or so and then 3 more years of graduate school. Yikes! Quitting school is ridiculous though. Give a student a huge sum of money and if they are not responsible then they blow the money- then they are stuck. Doesn't seem to smart to me maybe they weren't that great of a student to begin with though.
@theprogamer (10539)
• United States
5 Jan 08
I have friends still paying off loans. What you bring up Skinny is quite true. Some students can be very reckless with money and life (as can other people).
• Belgium
12 Apr 08
lol i would quit school and live a normal life but i would live on my % i get from my money in bank. That would be so nice! Doing notting but funny things all your life! Must be a dream coming true. And i don't think i'dd get bored theres always something to do!
@Sir_bobby88 (8245)
• Singapore
12 Apr 08
Well if i stuck lottery , i will do full time in mylot here laugh out loud .