Do you like watching new lottery winners on TV? I don't. I work my a$$ off and really don't care to see new millionaires that should be me!
The interest alone at a 5% "after tax" return would be roughly $1,000 per day of income (assuming 50% tax)............hmmmmmmm.............yeah, you could start dipping into your capital pretty soon.
I dont know why people always have to say things like this. Maybe yes, maybe no. But either way I offer them my congrats and wish them all well. A little jealousy maybe?
Congrats are in due, but it is unfortunatly the truth... Suddenly a lotto winner needs 20 sets of Ginsu steak knives for no apparent reason ..... and thats only the begining!
No jealousy... just the truth. If they can hold on to the money and make it work to their advantage, I'll be happy for them.
Yes, I will not disagree with you. I do know it does happen. I could be wrong but I dont think it would happen to me. I'm to much of a squirrel. (cheap)