Lottery Effects

I saw this statement at AT's blog:

97% of all lottery winners after 3 years are in worse shape than when they started the day prior to winning the lottery.


I couldn't verify that, but I did find the following:

Winning $15,000 a year for 20 years - no major effect on your life

Winning $80,000 a year for 20 years - would affect your labor force
participation, automobile expenditures, the value of the home you own,
and your savings....


Much more at the link.

Technorati Tags:

Comments

Post a Comment

Popular posts from this blog

Where Are They Now at laradio.com laradio.com includes an excellent "Where Are They Now?" section. Here are some excerpts: Baka Boyz: KPWR, 1993-99; KKBT, 1999-2000. Eric and Nick Vidal moved to Miami in early 2003. Blade, Richard: KNAC; KROQ, 1982-2000. Richard left KROQ in April 2000 and moved to St. Thomas Island to teach scuba diving. He returned to the Southland in 2003. Burton, Michael: KROQ, 1990-95. Michael "the maintenance man" left the Kevin & Bean morning show in the fall of 1995 and filed a wrongful-termination suit charging the station with racial and religious discrimination. The suite was settled in late 1996 with both parties prohibited from revealing financial details. Furillo, Bud: KABC, 1973-75; KIIS, 1975-79; KABC, 1979-87; KFOX, 1988-90. Bud is working at KPSI-Palm Springs. Jackson, Michael : KHJ, 1963-65; KNX, 1965; KABC, 1966-98; KRLA, 1999-2000; KLAC, 2001-02. Michael left KLAC in late 2002 following a format change from Talk to Adult S
Read more
Random Braveman...Random Contest Discoveries With all the hits that he's been getting, it's obvious that Mitzzee and I are not the only ones who have discovered Daily Dancer . Blogpulse and other sources list the following references to Daily Dancer: jrnev.blogspot.com/2005/06/i-might-do-this.html aprilshah.blogspot.com/2005/06/so-much-stuff-so-little-time.html bamapachyderm.com/archives/2005/06/01/omglollmaowtf/ andrightlyso.com/archives/2005/06/01/daily-dancer/ badhairblog.blogspot.com/2005/06/this-is-what-watching-clive-owen.html mickey.ondragonswing.com/archives/006310.html www.tabulas.com/~lainie/877653.html dailydancer.com/plesk-stat/webstat/usage_200506.html showdown.contagiousmedia.org/ The post from Lainie is especially illuminating: Daily Dancer. A computer geek who posts up videos of himself dancing to a different song everyday. This is part of the Contagious Media Showdown awards. Since he needs to get as many visitors per day as possible, I doubt he's reall
Read more