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From Powerball winner to scandal: Jack Whittaker dies at 72
June 30, 2020
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Very sad. Out of respect for the dead, let's try to focus on the good he was able to do with some of his winnings...remembering that, "A foundation started in Whittaker’s name spent $23 million building two churches in the years after his jackpot win, and his family donated food, clothing and college scholarships to local students." May he rest in peace.
I had a neighbor who won 4 mil (before taxes) in the lotto. For the next week there was a steady stream of people he knew coming to his house. I cam home from work one day and the house was empty and his brother was leaving. He told me the guy had to move to an undisclosed location because so many people were coming at him.
There have been several similar stories of lottery winners. First thing is to find a good honest accounting firm hopefully with a legal staff. Set up a trust where you are paid via interest and the principal untouched. Secondly, tell no one you have won, including immediate family until you get your thoughts and set up the above. I read once a lady who received many tear jerking letters from moms who needed money for a life saving operation for their child. If you want, set up a foundation to deal with these kind of matters. Not saying you shouldn't enjoy your new found wealth, but be smart about it and try not to be impulsive.
Personal family failures aside, I find it hard to believe that a man who was capable of amassing a $17 million dollars in construction business could be manipulated. He certainly understood money and how to make it grow.
Money doesn’t solve all problems. Sometimes I think it would be cool to win the lottery but the truth is I have all I need now (and then some) and live a comfortable life with the ones I love and that is more than enough.
they say no good deed goes unpunished, there have been several winners with similar stories, so if you or i ever win, dont tell anyone, just help others secretly if you want to.
In the '50s there was a half-hour series called "The Millionaire". It featured a random average person being given $1,000,000. After the initial wave of euphoria and celebration, the recipient invariably suffered catastrophe after defeat. Whittaker's story could have been taken from "The Millionaire".
I like their 'Oh yeah, one more thing' coda : "A foundation started in Whittaker’s name spent $23 million building two churches in the years after his jackpot win, and his family donated food, clothing and college scholarships to local students." We may forget the good and remember the bad, with the media's loving help.
He didn't die broke or in the gutter. Sound like most of the things that happened to him, would of happened either way. Money does't cause cancer. Think they are trying to make a big story out of bad luck. His wife got a big chunk of change, when she divorced him.
In a local state lottery, someone won $227000. It was purchased at the gas station I frequent. I felt envious at first until I heard the person who won had fallen on hard times. He had medical bills and was struggling. I then felt so happy as if I had won. I wished him well and may his hard times turn around and he can enjoy life for a while.
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