"I had to eat my words," Glenda Blackwell said.
While winning the lottery will be a dream come true for many Americans there have been many Americans that have won the lottery only to realize it is one of the worst things that could have ever happened to them. In several cases lottery winners of both large and small proportions have suddenly been attacked by thieves, taunted by bill collectors or most importantly proved to the world that they are bad money managers.
Will the Smith family be blessed or cursed by their "divine intervention?" God only knows.
Both bought tickets at the same time, but one won much more than the other.
Just when you thought it was safe to be a lottery winner comes the buzzkilling news that many winners, even those in the multimillion dollar range, manage to blow through their windfalls and are back to broke in under seven years.
I fell asleep last week knowing I'd won Powerball. To be clear it wasn't "check the winning numbers against mine" confirmation, but rather a deep belief it was "meant to be." After all, my husband and I went to a local gas station because it felt right.
But maybe the most important thing this research has to suggest is just how awful people are at predicting what will make them happy, something psychologists call affective forecasting.
Now I'm obviously not advising you to do any of this if you do happen to win. But it puts the money into a bit of a different perspective, doesn't it?
Winning the lottery isn’t all it’s cracked up to be. Here are 5 reasons to be glad you didn’t win.
Here are the top five jackpots with respect to total payout. The larger number is the amount of the annuity (how much winners would get over many years) while the cash payout represents a smaller lump-sum amount that a winner could choose to receive.