Kentucky Man Wins $167 Million

JumperJack

Heisman
Oct 30, 2002
21,997
65,619
0
I think envy is definitely a sin. But damn, man. What a waste. I hope this guy straightens up and does a bunch of good for other people in need. It’s never too late.
 
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TucsonCat

All-Conference
Sep 10, 2022
2,807
3,424
0
The vast majority of large lottery winners say that it was the worst thing that ever happened to them.
The vast majority of people who just play the lottery were on the path to ruin anyway. Winning ain't the problem.

I never understand taking the all at once cash option or having a financial planner. I don't need to maximize the winnings or worry about taxes or even want to worry about where I'm going to put it The state can send me a check on the regular. I'll put it in the bank. I'll pay whatever taxes plus 10% more so they don't come for me.
 

blw

All-Conference
May 26, 2010
1,051
1,889
0
The vast majority of people who just play the lottery were on the path to ruin anyway. Winning ain't the problem.

I never understand taking the all at once cash option or having a financial planner. I don't need to maximize the winnings or worry about taxes or even want to worry about where I'm going to put it The state can send me a check on the regular. I'll put it in the bank. I'll pay whatever taxes plus 10% more so they don't come for me.
The cash option is the best choice for people who are good with money. It gives you control on how to grow it over those 30 years, if you live that long. You can also buy that same 30-year annuity with the cash option just like the Lottery will.
 

TortElvisII

Heisman
May 7, 2010
51,631
96,833
66
The vast majority of people who just play the lottery were on the path to ruin anyway. Winning ain't the problem.

I never understand taking the all at once cash option or having a financial planner. I don't need to maximize the winnings or worry about taxes or even want to worry about where I'm going to put it The state can send me a check on the regular. I'll put it in the bank. I'll pay whatever taxes plus 10% more so they don't come for me.
My coworker in Illinois has a friend that won a million or two in Illinois and took 20 years rather than cash option. For a few years the state sent him IOU's instead of money. That is why you take the cash. Invest yourself instead of waiting on payments.
 
Jan 28, 2007
20,397
30,168
0
The move, they say, is to go on a super long vacation where you put a rule in place that you don't buy any big ticket items. So let's say I won $167M... you get what, like $50M after taxes? It would be tough to do because of kids, but I would do the following:
  1. Quit my job
  2. Coach all my kids Spring/Summer sports teams (we'd have the best equipment btw).
  3. Moment the last game is over in late June I'd move to Italy for the rest of the summer.
  4. They'd go to school in Europe for the 1st semester of Fall 2025.
  5. Move back home starting Spring 2025.
 
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KyCatFan1

Heisman
May 6, 2002
30,866
31,591
113
My coworker in Illinois has a friend that won a million or two in Illinois and took 20 years rather than cash option. For a few years the state sent him IOU's instead of money. That is why you take the cash. Invest yourself instead of waiting on payments.
Yeah no way I rely on the government (state or federal) to pay me what's owed over 20 years. They can't even pay their debts as it is. I'll take my chances with what I can get right away and trust that I'm wiser with it over the people that got us $36 trillion in debt. What kind of slimey sh*t are they doing with the lottery money that they can't pay out monthly checks from money already collected?
 

rick64

Heisman
Jan 25, 2007
23,930
32,415
113
Wow!! $167M!!! I can't even begin to wrap my brain around coming into that much money.
 

CaptainBoogerBuns

All-American
Aug 27, 2022
5,215
7,691
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If he is such a good dude, why is he attacking the police when they came in?

I do realize police enhance charges and make up things. I doubt that in this case.
Oh he's a dirtbag. Now add parole violation to his list

At first I thought the sheriff was already there in street clothes, but yeah he came when security called. That was a helluva response time. John Morgan is knocking on his cell door.
 
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CAT Scratch FVR

All-Conference
Sep 4, 2004
5,907
3,305
103
He says, “I can do that time standing on my head”

Meanwhile, he becomes target for money/protection in prison. Possibly, Jackie Fightmaster sets him up for worst possible scenario.

Then, Ms Fightmaster absconds with money and flees to Lima, not knowing Lima, Ohio is still in the US and has extradition unlike Lima, Peru..

It will not end well.
 

blw

All-Conference
May 26, 2010
1,051
1,889
0
So apparently a witness reports the fight wasn't his fault


It's impossible for these people to maintain a low profile. They need to have the attention. The first thing they did when they won was go to the media. The media knew who they were before the Lottery did, and that's rare for a jackpot winner.

They were at this resort in Florida telling all these strangers that he won the Powerball and was buying shots for people. They just can't help themselves.
 

blw

All-Conference
May 26, 2010
1,051
1,889
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This was as assuredly predictable as the rising sun. This dude had dumbass practically branded on his forehead.

The universe would be better off if they just decided to randomly give his jackpot to another lottery ticket buyer in the next Powerball drawing cycle.
His mother is the one who won the Jackpot. She's the one who decided to split it with him.

I honestly don't know if this was a good or bad decision on her part. She might have been scared that he would have her killed if she didn't share it. Maybe it was a good decision if it kept her living, but it may have also been the worst thing that she could have done for him?

She should have just claimed the full prize and then set up a trust fund for him.
 

Blue-ish

All-Conference
Apr 24, 2024
355
1,114
0
The neighbors across the street from my brother won one of the early lottery jackpots. I don’t remember the exact amount, but it was significant. Both of them were school bus drivers—humble, hard-working people. When asked how the winnings would affect their lives, they insisted it wouldn’t. Their plan was simple: pay off the house and keep working, just as they always had.

But plans have a way of changing.

That winter, after the first snowfall, my brother noticed the “For Sale” sign go up in front of their house. And just like that—they were gone. He never saw them again.
 

TortElvisII

Heisman
May 7, 2010
51,631
96,833
66
I mean an intelligent person would take the winnings and move to a place of their choosing and just spend their days traveling and enjoying life. Donate some to charity, dont kick cops or anyone n the face and so forth.
"One day a scorpion arrived at the bank of a river he wanted to cross, but there was no bridge. He asked a frog that was sitting nearby if he would take him across the river on his back. The frog refused and said, 'I will not, because you will sting me.'

"The scorpion replied, 'It would be foolish for me to sting you because then we would both drown.'

"The frog saw the logic in the scorpion's words, and agreed to carry the scorpion across. But when they were halfway across the river the scorpion stung the frog. The stunned frog asked, 'Why did you sting me? Now we will both die!'

"The scorpion replied, 'Because I'm a scorpion … and that's what scorpions do.'"
 

CaptainBoogerBuns

All-American
Aug 27, 2022
5,215
7,691
0
"One day a scorpion arrived at the bank of a river he wanted to cross, but there was no bridge. He asked a frog that was sitting nearby if he would take him across the river on his back. The frog refused and said, 'I will not, because you will sting me.'

"The scorpion replied, 'It would be foolish for me to sting you because then we would both drown.'

"The frog saw the logic in the scorpion's words, and agreed to carry the scorpion across. But when they were halfway across the river the scorpion stung the frog. The stunned frog asked, 'Why did you sting me? Now we will both die!'

"The scorpion replied, 'Because I'm a scorpion … and that's what scorpions do.'"
I like prison Mike
 
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BGCATFAN2012

All-American
Aug 19, 2020
3,678
5,182
113
"One day a scorpion arrived at the bank of a river he wanted to cross, but there was no bridge. He asked a frog that was sitting nearby if he would take him across the river on his back. The frog refused and said, 'I will not, because you will sting me.'

"The scorpion replied, 'It would be foolish for me to sting you because then we would both drown.'

"The frog saw the logic in the scorpion's words, and agreed to carry the scorpion across. But when they were halfway across the river the scorpion stung the frog. The stunned frog asked, 'Why did you sting me? Now we will both die!'

"The scorpion replied, 'Because I'm a scorpion … and that's what scorpions do.'"
Bedtime stories from your childhood must have been epic.
 
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BMoore2

All-Conference
Nov 22, 2017
2,612
3,236
108
"One day a scorpion arrived at the bank of a river he wanted to cross, but there was no bridge. He asked a frog that was sitting nearby if he would take him across the river on his back. The frog refused and said, 'I will not, because you will sting me.'

"The scorpion replied, 'It would be foolish for me to sting you because then we would both drown.'

"The frog saw the logic in the scorpion's words, and agreed to carry the scorpion across. But when they were halfway across the river the scorpion stung the frog. The stunned frog asked, 'Why did you sting me? Now we will both die!'

"The scorpion replied, 'Because I'm a scorpion … and that's what scorpions do.'"
You are insinuating this man is trashy. How dare you!
 
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