Winning_the_Lottery by xuyuzhu

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									   Name:________________
   Buckley/Ford/Good
   Date: ______________               Winning the Lottery, Curse or a Blessing?

Directions: Read the article, and then write two paragraphs explaining whether
you believe winning the lottery would be a curse or blessing. Give specific
examples why or why not. Also tell us whether the article influenced your answer.
Published October 13, 2006 by:

Sherri Granato

Facts About Winning Millions in the Lottery

We all dream of hitting the big one, or wish that we could fall into instant riches by simply
choosing the right winning lottery numbers or allowing them to be randomly generated from a
computerized lottery machine onto a little piece of paper, but it has often been said that we
should be very careful about what we wish for as everything comes with a price, including
winning the lottery, especially when it involves winning millions of dollars. The actual chances of
becoming a multimillion dollar lottery winner are astronomical to begin with, but when fate
intervenes, miraculous things can happen that will forever change a person’s life, for better or
worse.

Even though huge winnings can change a person’s life style dramatically, it is said that if you
were happy before winning a huge sum of money, then you will be happy afterwards, but if you
were an extremely unhappy person to begin with, winning a multimillion dollar jackpot will change
nothing except the size of your bank account. In other words the problems that you had are still
lying in wait to rear their ugly head, and the lottery money only temporarily covers up the
problems for a brief period.

Experts have looked into the lives of past lottery winners and have learned that not all
multimillion dollar winners have a happy ending. A common issue within our society is the belief
that money solves most of our problems. Another big problem is the lack of financial guidance
when being handed over a large amount of money. In fact nearly one third of multimillion dollar
lottery winners become bankrupt in just a few short years after they’re big win. If you are not
accustomed to having great wealth as many of these big lottery winners were not, then the
problems that come with suddenly having a lot of money overnight can be so overwhelming that
depression becomes inevitable.
William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988 but now lives on his
$450.00 a month Social Security check after relatives, and an ex-girlfriend tormented him until he
invested and shared his millions with them.

The 2002, $314.9 million dollar Powerball winner Jack Whittaker was sued by an Atlantic City
casino in 2004 for allegedly writing bad checks from a closed bank account in West Virginia.

Evelyn Adams, who won the $5.4 million dollar New Jersey lottery not just once, but twice in
1985 and again in 1986 gambled most of it away, and is broke today.

1993 Missouri lottery winner Janite Lee won $18 million, but was overly generous by giving the
money away to a variety of causes leading to her filing bankruptcy just eight years after her
stroke of good fortune hit.

Billie Bob Harrell Jr. hit the $37 million dollar Texas jackpot in 1997 only to end his own life less
than two years later when he realized that all he wanted his marriage more than the money, but
that it was too late to fix the strained marriage. Why was it strained? His spending habits spiraled
out of control, and his wife only wanted a normal life which was anything but.
Juan Rodriguez had been thrown out by his wife Iris prior to purchasing a winning New York
lottery ticket worth $149 million. She reconciled with him for two weeks, then filed for a divorce
taking half of his winnings with her.


Buying a dream house tops the list for new multimillionaires when it comes to big ticket
purchases, but more often then not, these people are not prepared to see the whole picture of
what the total costs and upkeep entails with owning a larger home or mansion. Bigger utility bills,
insurance, and taxes are not usually considered due to the excitement of such a big purchase
that is now suddenly within reach due to having cash readily available, and very little experience
on how to spend it wisely. Then you have to consider the money being spent on high priced
decorators due to the lack of time to do it yourself since you are busy burning money. Then there
is the new furniture and gadget purchases that also come into play with this new vulnerability
trap that you now own. It also stands to reason that the next thing on your wish list is beautiful,
expensive cars to line the driveway as the old clunker you once drove in the pre-millionaire days
would never set well with the neighbors or your new lifestyle.


Your Turn: If you won the lottery, would it be a blessing or a curse. In two
paragraphs, give specific examples of why or why not. Also tell us whether the
article influenced your answer.

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