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So What Happens Exactly When Someone Wins the Lottery?

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Manage episode 511302252 series 2062795
Content provided by Cloud10. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cloud10 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Winning a big ticket lottery very often isn’t all that it cracked up to be and despite a windfall of cash, a surprising number of winners have gone on record as saying winning the lottery was the worst thing that ever happened to them. And some could never end up saying it because of the surprising amount of murder that occasionally happens after, as we’ll get into. But as to the more normal non-murderous awful, this is something that might have a lot to do with the fact that lottery winners (at least in the US) often receive little to no advice on how to adjust to their newfound wealth, which may sound obvious and easy to some, but there are a number of pitfalls we’re guessing most have not considered that have nothing to do with having well managed investment accounts.

Author: Daven Hiskey

Host: Simon Whistler

Sponsor note:  Our listeners get 10% off their first month at ⁠⁠betterhelp.com/BrainFoodShow⁠⁠.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

124 episodes

Artwork
iconShare
 
Manage episode 511302252 series 2062795
Content provided by Cloud10. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cloud10 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Winning a big ticket lottery very often isn’t all that it cracked up to be and despite a windfall of cash, a surprising number of winners have gone on record as saying winning the lottery was the worst thing that ever happened to them. And some could never end up saying it because of the surprising amount of murder that occasionally happens after, as we’ll get into. But as to the more normal non-murderous awful, this is something that might have a lot to do with the fact that lottery winners (at least in the US) often receive little to no advice on how to adjust to their newfound wealth, which may sound obvious and easy to some, but there are a number of pitfalls we’re guessing most have not considered that have nothing to do with having well managed investment accounts.

Author: Daven Hiskey

Host: Simon Whistler

Sponsor note:  Our listeners get 10% off their first month at ⁠⁠betterhelp.com/BrainFoodShow⁠⁠.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

124 episodes

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