So she won, 500k BEFORE taxes. Highly improbable, but that is not a "massive" return. And then I read in the story: "Peterson plans to make use of her massive return to pay off bills and buy a new truck.
Oh, and she's also thinking of taking a trip to Vegas."
Yep... WHY would you NOT pay off _all_ bills so you live debt-free and buy a reliable 4X4 (it IS Idaho) and then INVEST the rest, and I don't mean in the stock market. But why in the @#$! are you going to throw away the rest to a bunch of legalized organized crime? -Just A Chemist
Excellent questions, Chemist. It seems to be common for people to blow away these big and even "massive" winnings within several years. I don't understand it, but then, I have a 3-digit IQ. I would never have won that second 300k prize. One lottery ticket a year, that's my speed.
We moved to Las Vegas back in the day, early 1960s when illegal organized crime held sway. The Strip was mostly vacant land and motels. Even then my mother taught me, "They don't keep the lights on because of all the winners." Haven't missed that place for over 50 years. Vacationing there is incomprehensible.
I once sold a classic car to a dude who won the California lottery twice. First time was 30-something million and then another time for around 8 million. He told me he had always wanted a classic car collection and now he could afford it.
Is 50 yrs old too old to be a boy-toy? Asking for a friend...
ReplyDeleteWhen you're hot your hot!
ReplyDeleteSo she won, 500k BEFORE taxes. Highly improbable, but that is not a "massive" return. And then I read in the story:
ReplyDelete"Peterson plans to make use of her massive return to pay off bills and buy a new truck.
Oh, and she's also thinking of taking a trip to Vegas."
Yep...
WHY would you NOT pay off _all_ bills so you live debt-free and buy a reliable 4X4 (it IS Idaho) and then INVEST the rest, and I don't mean in the stock market. But why in the @#$! are you going to throw away the rest to a bunch of legalized organized crime?
-Just A Chemist
Excellent questions, Chemist. It seems to be common for people to blow away these big and even "massive" winnings within several years. I don't understand it, but then, I have a 3-digit IQ. I would never have won that second 300k prize. One lottery ticket a year, that's my speed.
DeleteWe moved to Las Vegas back in the day, early 1960s when illegal organized crime held sway. The Strip was mostly vacant land and motels. Even then my mother taught me, "They don't keep the lights on because of all the winners." Haven't missed that place for over 50 years. Vacationing there is incomprehensible.
ReplyDeleteI once sold a classic car to a dude who won the California lottery twice. First time was 30-something million and then another time for around 8 million. He told me he had always wanted a classic car collection and now he could afford it.
ReplyDelete