Debt By Lottery

DebtbyLottery HOW LOTTERY'S LIES DESTROY LIVES EVERY TICKET HAS 50% 20% 1/15 million OF PLAYERS BUY THE OF AMERICANS PLAY THE LOTTERY MAJORITY OF THE TICKETS CHANCE OF BEING THE WINNING ONE VICTIMS OF THE LOTTERY'S LIES STRIP CLUB $200k ALSO STOLEN FROM HIS CAR $14 MİLLION TO $545k STOLEN FROM HIS CAR OUTSIDE A STRIP CLUB CREATE THE JACK WHITTAKER FOUNDATION 00000000 2002 MULTI-STATE POWERBALL DRAW 10% TO VARIOUS CHRISTIAN CHARITIES AY AndreW Jackson Wiittaker Jr. $ 315 million DIVORCE (after taxes 114 million)wouL DOLLARS $2100 WEEKLY ALLOWANCE SUED BY CAESARS ATLANTIC CITY $1.5 MILLION IN BOUNCED CHECKS TO HIS 17 YEAR OLD GRANDDAUGHTER SUED BY A WOMAN HE GROPED ATA DOG RACETRACK IN THE END: WITHIN 4 YEARS, HIS FORTUNE WAS GONE! A HOUSE FOR THE ST. LOUIS KOREAN AMERICAN ASSOCIATION $30k TO A DECEASED MILLION-DOLLAR SOUTH KOREAN CHURCH PASTOR'S FAMILY HOUSE AND CARS BANK 1993 MISSOURI LOTTERY PAY Janite Lee $ 18 million $347k LOST TO ONE YEAR'S GAMBLING BANK LOANS AND CREDIT CARD DEBT po000a $1 MILLION DONATED DONATIONS TO A KOREAN ADOPTION - RELATED ASSOCIATION CREATE A NAMESAKE READING ROOM AT WASHINGTON UNIVERSITY $277k DONATED TO DEMOCRATIC POLITICAL CANDIDATES (MEALS WITH BILL CLINTON, AL GORE AND THE PRESIDENT OF SOUTH KOREA) IN THE END: IN 2001 SHE FILED FOR BANKRUPTCY! SOLD $1 MILLION MEDICAL BILLS FOR HER ILL, UNINSURED SON-IN-LAW ooo00000 6000 1993 VIRGINIA LOTTERY Suzanne Mullins (20 annual payments of $47,800) $ 4.2 million PAY DOLLARS LOAN LOAN IN DEBT GOT A $200k LOAN WITHIN 5 YEARS IN THE END: SHE OWES LOAN COMPANY $154,000 AND SHE HAS NO ASSETS! 1985 1986 WON THE LOTTERY TWICE SHE GAMBLED IT AWAY AT ATLANTIC CITY oooo po0000000 boo000000 1985 AND 1986 NEW JERSEY LOTTERY PAY Everlyn Adams $ 5.4 million DOLLARS IN THE END: 20 YEARS LATER SHE IS BROKE AND LIVING IN A TRAILER! LOTTERY PLAYERS MAY BE UNQUALIFIED TO DEAL WITH THE WINNINGS OF 2010 LOTTERY PLAYERS... 40% MORE ADULTS GAMBLED ONCE THE LOTTERY WAS INTRODUCED IN CALIFORNIA, 40% WERE UNEMPLOYED IN MARYLAND, THE POOREST 33% OF ITS POPULATION BOUGHT 60% OF THE TICKETS IN MICHIGAN, 5 TIMES MORE TICKETS ARE BOUGHT BY HIGH SCHOOL DROPOUTS THAN THE COLLEGE EDUCATED LOTTERY TICKET MONEY COULD BE BETTER SPENT TEXAS 2010 IN 2012 $250 x 4% ANNUAL = $15,662 by RETIREMENT $12,400 x 5% = $620 %3D PLAYERS THAT EARN UNDER $12,400 A YEAR SPEND 5% OF THEIR INCOME ON TICKETS. THAT IS $620 PER YEAR THAT "COLLEGE EDUCATED" PLAYERS AVERAGED $250 PER YEAR ON TICKETS. $250 PER YEAR ON AN IRA WITH A 4% ANNUAL RETURN WOULD BE COULD BE INVESTED TOWARDS RETIREMENT $15,392 BY RETIREMENT. THE LOTTERY LOOKS GOOD ON PAPER STATE LOTTERIES NETTED OVER $42 BILLION IN PRIZE MONEY WAS PAID OUT IN 2012 $18.7 2012 VS. $16.7 2009 BILLION BILLION THE TOP 3 LOTTERY EARNING STATES GOVERNMENT USE ПСКЕТ SALES STATE PROFIT $250 $378 GENERAL FUND MILLION MILLION RHODE ISLAND LOTTERY PROFITS TO THE STATE'S GENERAL OPERATING FUND, NOT DIRECTLY TO EDUCATION TICKET SALES GOVERNMENT USE GOVERNMENT USE TICKET STATE PROFIT SALES STATE PROFIT $8.4 $2.9 $4.7 $834 EDUCATION BILLION BILLION CITIES AND TOWN BILLION MILLION NEW YORK MASSACHUSETTS SINCE 1966, OVER $45 BILLION WERE IN 2012, $833.9 MILLION WERE TURNED INTO TRANSFERRED TO PUBLIC SCHOOLS AID FOR IN-STATE TOWNS DO THE STATES REALLY BENEFIT? 2005 2013 2009 NORTH CAROLINA FLORIDA OREGON THE K-12 EDUCATION PORTION OF THE STATE BUDGET WAS $21 BILLION. LOTTERY REVENUES ONLY PUT $660 MILLION OF THE OREGON HEALTH AUTHORITY, THE STATE'S EDUCATION LOTTERY IS CREATED WHICH RECEVES LOTTERY FUNDING 2008 - $50 MILLION OF $10 MILLION EVERY OTHER FROM LOTTERY RESERVES WAS REASSIGNED TO HELP BALANCE THE BUDGET. YEAR FOR EFFORTS AGAINST INTO PUBLIC SCHOOLS. ONLY PROBLEM GAMBLING. 3.1% OF THE STATE'S PUBLIC 2009 - $69 MILLION IN LOTTERY MONEY SLATED INITIALLY FOR SCHOOL CONSTRUCTION WAS DIVERTED TO THE GENERAL FUND. SCHOOL FUNDING THE IRS WINS EVERYTIME WINNING TICKET IF YOU WIN HERE'S HOW TO KEEP IT : 39.6% HOLDERS PAY THE TOP 39.6% FEDERAL RATE TO SAFELY SPEND $1 MILLION A YEAR FOR 55 YEARS... YOU MUST WIN $75 MILLION YOU'LL KEEP $36 MILLION (AFTER TAXES) SET ASIDE $15 MILLION IN HIGH-QUALITY BONDS FOR 15 YEARS OF SPENDING FROM STABLE INVESTMENTS. PUT $21 MILLION IN A DIVERSIFIED STOCK PORTFOLIO FOR THE REMAINING 40 YEARS AFTER WINNING THE LOTTERY, IF YOU MAKE IT TO THE FIFTH YEAR WITH ENOUGH MONEY TO SECURELY HANDLE YOUR LIFE AND ALL OF THEIR RELATIONSHIPS ARE INTACT, YOU JUST MIGHT STAY A WINNER. Debt Consolidation.com Sources: http://www.nytimes.com/2013/08/10/your-money/win-a-lottery-jackpot-not-much-chance-of-that.html?_r=0 http://www.forbes.com/sites/robertwood/2013/08/08/three-powerball-winners-split-448m-irs-wins-big-too/ http://www.today.com/id/44908714/ns/today-money/tMottery-ever-worth-your-money/#.Uihe9LMCSo http://www.usatoday.com/story/money/business/2013/03/23/10-states-with-biggest-lotto-jackpots/2010745/http://www.oddee.com/item_97101.aspx http://www.cnn.com/2012/08/15/health/psychology-playing-lottery-powerball http://www.bankrate.com/brm/news/advice/20041108a1.asp http://www.businessinsider.com/17-Hottery-winners-who-blew-it-all-2013-5?op=1 http://www.usatoday.com/story/money/business/2013/03/23/10-states-with-biggest-lotto-jackpots/2010745/ %24