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L. Coyote

(51,129 posts)
Thu Aug 24, 2017, 07:08 PM Aug 2017

A Massachusetts hospital worker has claimed the $758.7 million Powerball jackpot

Meet the winner of the $758.7M Powerball jackpot
AP -- August 24, 2017, 1:57 pm

BRAINTREE, Mass. (AP) — A Massachusetts hospital worker has claimed the $758.7 million Powerball jackpot, and says she always thought winning the lottery was “a pipe dream.”

Fifty-three-year-old Mavis L. Wanczyk of Chicopee says she was leaving work at night with a Chicopee firefighter and they were discussing Powerball.

That’s when she realized she won. She says he followed her home to make sure she got there safely.

Wanczyk says the first thing she wants to do is sit back and relax. She says she has called work to let them know she won’t be back. ............
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A Massachusetts hospital worker has claimed the $758.7 million Powerball jackpot (Original Post) L. Coyote Aug 2017 OP
I'm glad it was someone who worked for a living. lpbk2713 Aug 2017 #1
I dunno. jeffreyi Aug 2017 #2
Lovely malaise Aug 2017 #3
I'm a distant relative! MoonRiver Aug 2017 #4
Join the line malaise Aug 2017 #5
Aren't all humans related? flyingfysh Aug 2017 #6
Yes, we're ALL related! And my doggie needs a new 200 karat diamond collar! MoonRiver Aug 2017 #13
Investment Trust. Dawson Leery Aug 2017 #7
Buy Twitter. L. Coyote Aug 2017 #16
IMO, she will be broke in 2yrs and owe the IRS more than a lifetime. CK_John Aug 2017 #8
I don't think so. Would be hard toblow through $250 Mm in two years Dream Girl Aug 2017 #9
It depends TexasBushwhacker Aug 2017 #15
isn't 53 too young SethH Aug 2017 #10
It could be a family name n/t shanti Aug 2017 #18
Good for her! lunasun Aug 2017 #11
Most financial advisors would recommend resisting the urge... brooklynite Aug 2017 #12
A friend is a financial advisor... Adrahil Aug 2017 #14
I'm just spitballing here... linuxman Aug 2017 #17

flyingfysh

(1,990 posts)
6. Aren't all humans related?
Thu Aug 24, 2017, 07:26 PM
Aug 2017

For that matter, science says all mammals are related.

My dog could use a new collar, she could use some of that money.

MoonRiver

(36,926 posts)
13. Yes, we're ALL related! And my doggie needs a new 200 karat diamond collar!
Thu Aug 24, 2017, 08:07 PM
Aug 2017

I mean she REALLY, REALLY needs it!

 

Dream Girl

(5,111 posts)
9. I don't think so. Would be hard toblow through $250 Mm in two years
Thu Aug 24, 2017, 07:45 PM
Aug 2017

Stories of lottery winners who los it all are brought out whenever there's a big jackpot. Usually those stories feature are the same people over and over. Truth is there are scores of jackpot winners who manage to hold onto their money and enjoy their live with no issues, but that would hardly be news worthy (or make the rest of us feel better about not winning)..

TexasBushwhacker

(20,228 posts)
15. It depends
Thu Aug 24, 2017, 08:26 PM
Aug 2017

The people that spend it all on themselves do often go broke or they're just miserable. The people who become philanthropists are usually fine.

brooklynite

(94,818 posts)
12. Most financial advisors would recommend resisting the urge...
Thu Aug 24, 2017, 07:54 PM
Aug 2017

...to claim the award quickly and publicly. Better to take time to discuss financial planning and set up an LLC to hide your identify from all your newfound friend.

 

Adrahil

(13,340 posts)
14. A friend is a financial advisor...
Thu Aug 24, 2017, 08:13 PM
Aug 2017

And once helped a large lottery winner.

First: taxes.... set aside the cash necessary to cover taxes.
Second: celebration fund.... identify a wad of cash to splurge. Possibly buy a house, long trip, car, etc.
Third: annuity.... put the rest in an income producing fund and produce a yearly income with a growing principle base.

It's not that complicated, but most people don't do it, and destroy their wealth.

 

linuxman

(2,337 posts)
17. I'm just spitballing here...
Fri Aug 25, 2017, 12:21 AM
Aug 2017

But I think the type to immediately come claim it in person isn't likely to be the type to make all those sound, sober decisions.

I wish her the best, but she already fucked up the first few steps (Wait a couple weeks, seek professional guidance, have an authorized party other than yourself claim it).

I like that a single person won it though. Hearing an office pool is splitting it seven ways always diminishes it for me somehow.

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