The 15th anniversary of the National Lottery has been a very exciting time. There have been numerous celebrations and lottery winners of past and present have got together to honour their favourite game of chance. Mark Page was one such winner. He scooped £4.7m in 2007 and he has recently gathered with fellow millionaires to celebrate the 15th milestone. Since…
Posted in Daily £££ Chatter |
Two lottery wins in two consecutive years and the combined total of $5.4 million gone in just over two decades. Evelyn Adams, who achieved the Great American Dream twice when she won the New Jersey lottery in 1985 and 1986, is now destitute and living in a trailer. The tragedy is that hers is not an isolated case. Sudden wealth…
Question: Duncan, what practical steps should I take now that I’m a ‘sudden wealthflow’ recipient? Answer: Generally speaking, people who come into money quickly, such as lottery winners and people who receive large inheritances, usually make decisions too soon. They put their house on the market and buy a new, bigger one right away. They buy several cars, resign from their jobs,…
Ever daydreamed about winning the lottery? You probably imagined a life of financial comfort and good health. But research suggests that such fantasies are often just that. Real lottery winners are not guaranteed either better health or even long-term financial security, say the economists behind two new studies. And amongst UK lottery winners, the problem seems to originate in the…
