Personal Bankruptcy In Michigan
The Lottery is not the solution – Lottery winners who lost millions
Some lottery is the solution for retirement. Another think that is the only way to become a millionaire in their lives. Winning the lottery is a dream that many people in my opinion. An article in MSN Money shows that the reality of winning the lottery is closer to a nightmare.
Here is an example of some people who have lost everything:
Evelyn Adams won the lottery in New Jersey two times (1985 and 1986) $ 5.4 million. Today the money is gone and now living in a trailer. "I won the American dream, but I lost too much. It was a hard fall. It's called the bottom, "said Adams.
William "Bud" Post won $ 16,200,000 in the Pennsylvania lottery in 1998, but now lives on Social Security. "I wish it never happened. It's totally a nightmare," said Post. A year after winning the lottery, Post was more than $ 1 million in debt.
Suzanne Mullins $ 4.2 million in the Virginia lottery in 1993. Now, she is deeply in debt a company he borrowed the money with the proceeds as collateral.
Ken Proxmire was a machinist when he won $ 1,000,000 in the lottery of Michigan. It moved to California and entered the car industry with his brothers. Within five years, had made balance.
These are just some examples of people who have lost their lottery winnings in a few years after winning. Read the full article go to MSN Money.
Winning the lottery is not going to solve their money problems. In fact, you may create more problems than money. First, it must develop a mindset of a millionaire before millions. In my next Article go into detail the reasons for which the lottery does not work and some ideas on how to create a millionaire mindset that will create the basis for requesting and make millions of dollars.
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