this post was submitted on 06 Sep 2025
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Apparently 2 people won the 1.8 billion$ powerball last night. One Texas the other in Missouri.
To put it mildly my life is over. Now i cant buy a million acres of land and create my own compound. How will I pay for my dogs english lessons so that we can finally talk???
Jokes aside i hope whoever won blows it on coke and hookers
That's a lot of coke...
It is. Statistically most lottery winners have managed to burn through their winnings after something like 2-3 years. It may take slightly longer if the payout is a half billion or so (because you just can't possibly list any price or prize in the US after taxes, that would be preposterous for reasons).
It turns out there's a high correlation between people who are bad with money and people who buy lottery tickets.
It would be awesome if the lottery winnings came with complementary financial advisement by a fiduciary for the first year. That way there's at least a hope that money can improve their lives long term instead of just making for a crazy spending spree for a few years.
It's just repackaged gambling. It's designed to take money away from people who are already struggling. The organizers will never benefit from giving away finance advising and the average participant would never ask for advising.
The organizers are the government, so surely they have a vested interest in helping their residents succeed in life...
😂