Lottery Winners: Rich...but Happy?
Every week, millions of dollars are spent, and won,on lottery tickets. with jackpots hitting hundreds of millions of dollars, many Suddenly find themselves with much more money than they're used to Many will have enough to buy luxury house, take a holiday and quit working -all within a short space of time. These "lucky" few, however, may end up with more problems than they had before they struck it rich.According to financial planner Steven Goldbart, two out of three winners spend all their winnings within five years
Newly affluent lottery winners are atually in quite a tricky situation, so much so that lottery organizers employ counselors to help them. These counselors encourage winners get advice from financial experts, such as accountants about how best to invest their earnings The Counselors also help winners to understand how their lives may change for the better -and possibly for the worse Many lottery winners are sensible When managing their new wealth; Some, however, do not use their money wisely and end up getting into various unforeseen difficulties. Take a look at the fortunes of two very different lottery winners.