Lotto win

Hey PCers!

My grandparents won lotto in 1971...a tidy $16,000! Big money back then.

Have you ever won lotto or know anyone that has?

 

Next question of course, how did they spend the money

 

They paid off their house in Floreat, bought into the business that my Grandfather was working for and took one of their daughters on a round the world trip. My mum was newly married so she didn't get to go on the family holiday!

 

My parents won division 2 within their family group buy (3 siblings plus their parents put in equal shares to buy tickets every week). It was 10 or 11 thousand, so my parents share was $2600 roughly. Pointless.

 

I won it in 1975.
My mum had her tubes tied after suffering a few miscarriages after already having 2 kids, but I still got through somehow.
Then I came out blue as well.
But all good now.
Mentally and physically strong AF.

 

Does $15 win counts?

 

My dad and 2 workmates won 566k. So 188k each.

 

My work mates buy the lottery nearly every day. They choose a lucky number based on things the see in their dreams or based on special events like birthdays. They call it investing...

2 have won 1000s, most of them have made loses (100s)

I've won -100. That was my stopping point.

 

I don't know anyone but I was saying to my mum that the majority are bankrupt/back to square 1 within 10 years. She said she knew 2 people that one lotto. Once one 100k or so back in the early late 80s/90s and the other a similar amount at around the same time. Apparently they bought new PPORS, sold at a loss in a country town as they thought they were so rich, to buy another dream house, bought cars and boats, land in the sticks to go hunting on and that was it. Now they are in their 60s and still working full time and have nothing special, just an average PPOR, average car and nothing much else.

 

My best friends sister's son won $2.6m about 3 years ago now, walking the dog decide to buy a lotto ticket.

He was at uni at the time only 19 year old. He graduated from Uni to become a geologist, currently works for BHP

he purchased a house, paid his parents mortgage, purchased a car for his mother and still works for BHP

MTR

 

Around 2 or 3 months ago my long lost uncle won 1.8mil, King for a day

 

I hear this all the time too. I simply ply cannot fathom how any can go bankrupt after winning so much.

Blowing it all is one thing. But filing for bankruptcy to me us actually an effort

 

I put it down to that they religiously play lotto hoping to win instead of being proactive about planning for their future. I think most people who are good with money wouldn't waste money on playing lotto. I do play it, but I'd be lucky to buy 5-10 tickets per year, on the other hand most of our family members my parents age (50s/60s) on both mine and my husbands side buy lotto atleast weekly. A family member is always telling about what she will do "when" she wins lotto!

 

He sounded smart to begin with.

 

My sister won $20k on a $1 scratchie a few years back. It only lasted her a few weeks. Bills and a new car were her excuse. To this day she still doesn't have a cent to her name. I'd tried to give her advice on what do with it, but she wouldn't listen me. It's very hard to teach someone who doesn't want to be taught. But I'm still trying.

 

Relative won Div 1 around $1.5m. However this was through their work so it was split up between 40 or 50 people. Which they went halves with another employee so got about $15K in the end.

Caused huge conflict between those that won and those that didn't participate or missed putting their weekly contribution in.

 

Put down $100 on Trump winning the election. It was the saddest win of my life.
No major lotto winners that I know of though. I feel like it's easily a relationship destroyer if some feel entited just because they know you or crossed paths once or twice.

Do the stereotypical buy a nice car and donate a little to charity, lock the rest in an account somewhere making five figure interest a year and fight the urge to crank up the lifestyle inflation too much...

 

I scratched three boats on a scratchie once without reading the instructions, and trotted down to the wins office prepared to pick up my new boat. The lady scanned it and gave me ten bucks. Was hardly worth the fuel.

My aunty won $250000. She has some weird shop selling hippy stuff

 

Owning house/s in Sydney suburb/s is a lotto win.. and the odds of a solid future return are stacked in your favour!