How 'bout the son that wins a big lottery jackpot.....

United States
September 21, 2008 10:10am CST
and manages to blow over a hundred grand in a few short months. Unbelievable!! And the sad part is, he's still paying rent instead of buying a house for his wife and children. I'm not saying that they didn't get a bunch of unnecessary materialistic items, just that the money wasn't put to good use. Shameful.
1 person likes this
6 responses
@Barb42 (4216)
• United States
21 Sep 08
I look at money that comes to you with no effort as a gift. And gifts should not be squandered! He should have put it in an investment fund, or maybe put a big down payment on a home for his family. If I was the wife, I'd be very mad. But I did read in another comment from you that he bailed out his wife's family from their debts. That is not thinking good! He didn't get them in that shape. He should have made provisions for his own family rather than that of another. Now, if they had been in need of food, that's one thing, but you just don't use your money to bail out people who have made bad financial mistakes.
• United States
21 Sep 08
His priorities were not in the right place that's for sure, Barb. It angers me to no end. I'm sure that somewhere down the line he will show up on our doorstep needing something and that's probably when I'll really let him have for being so incredibly stupid. He had the opportunity to be set for the rest of his life had he played his cards right (which happens to be my exact words to him after we'd found out what he'd won).
1 person likes this
@Barb42 (4216)
• United States
21 Sep 08
I wish kids could understand Mom and Dad mean for good what they tell their children. You are right; he could have put that money in the bank and drawn off of it. But they do grow up, learn from their mistakes and come back and tell us they wish they had listened.
@kerriannc (4280)
• Jamaica
21 Sep 08
This is what happen when you don't have a strong person beside you. Why didn't his wife encourage him to have a home first. This will enable him to be more comfortable and then the children will be more happier. The wife is as stupid as him. There is a saying that goes 'Easy comes, Easy goes' and this is what they both did. Some women are not strong and because of this they let down their family. She was not thinking about the children at least none of them. If the man is not strong then the woman should step in and vice versa. Where children is concern this should be priority number one. It is sad when one does silly mistakes. It is not reality that you will win another lottery again so whenever one does he/she should put it to good used.
• United States
21 Sep 08
His wife was a foolish as he was, kerriannc. They did manage to bail her immediate family out of financial woes, from what I understand. But that didn't do much for them. I tried to encourage them as much as possible without seeming pushy. They would ask my opinion and I would give it to them. Don't know why they even asked if they weren't going to listen and do what they wanted with the money anyway.
@kerriannc (4280)
• Jamaica
21 Sep 08
It is sad that he put his wife family infront of his own needs. I am glad that you encourages him so whenever he looks back in life he cannot say that 'I went to my mother and she gave me a wrong advice'. When those children of his grow up and see his wrong they will be questioning him because no one wants to live in a state where they could be better and because of his/her parents they are at square one. Continue to be the good mother you are. It is just that he listen more to his wife and makes the wrong decision. Those in-laws should have advise him to buy a house and if there is any money left then he can assist. They are as bad as the wife but you know blood is thickier than water and this is what she proven to him. That her family is more important than him. It is sad but true. It is just that the children are now living in the same environment were they could have a better one. Anyway continued to be the good mother you are. All the best. Kerry
@nadooa247 (1096)
• United States
15 Nov 08
most sane people would blow a big chunk on a house if they are still renting lol... you know i doubt there isn't any renter who has not envisioned their "dream home".... vacations, cars, whatever... people blow money on that especially if they come onto an excessive amount but usually they spend a chunk of it on a house... most people don't consider investments by the way.
• United States
15 Nov 08
I'm afraid this is going to be one of those stories you hear or read about where someone hits a windfall and is worse off afterwards than they were before they won. Now that the money is gone they have the expene of maintaining the big gas-guzzling vehicles, the higher rent to pay (they had been living with his in-laws before they rented their own place) and so on. Now he's telling his wife that she HAS to get a full time job. Also talking about selling some of the items they purchased. He didn't even have the decency to get his father's name off of the car loan that was taken out before he won. Thanks for responding, nadooa.
@vmksvmks (413)
• Canada
22 Sep 08
First of all you are absolutely right but i did not hear this story I wish you had a link that had the story of what went on with this insane man. What can i say yes indeed it is shameful and it certainly would put some roadblocks in my marriage or whatever I would like to see what he blew it on Good Luck and If i could only win a lotto
• United States
23 Sep 08
Believe me, vmksvmks, it is a long foolish, story. He didn't think, made purchases on impulse and POOF!! it's gone. The only sensible thing he bought, that I'm aware of, was DJ equipment and a business license to start up a side business, which he has had several gigs. He probably needs to do that to help put gas in the two large vehicles he purchased, instead of paying off his original car that his father co-signed on.
@ronaldinu (12440)
• Malta
21 Sep 08
That is a shame because the money won from the jackpot could have served a good cause. His wife and children could have benefited more if he had invested the money in a new home or in education.
• United States
21 Sep 08
ronaldinu, some of the money could have helped start a college fund for the children at least. I advised them to purchase a house immediately because at that time, it was the buyers market. They could have gotten a really great house with a decent down payment. I guess they like to pay rent and not have the responsibility of taking care of their own property, I don't really know.
@pkraj111 (2459)
• India
21 Sep 08
Yeah. Its shameful. He could really have made some worthy investments rather than buying simple things that can be bought whenever we please.
• United States
21 Sep 08
I couldn't agree with you more, pkraj. It's a shame he didn't use better judgment.