deejaydana Posted March 8, 2012 Share Posted March 8, 2012 This is just another example of how corrupting govt handouts are for people. Link to comment Share on other sites More sharing options...
twa Posted March 8, 2012 Share Posted March 8, 2012 This is just another example of how corrupting govt handouts are for people. Pretty sure most that are were corrupt w/o them.,not much different than those that bilk medicaid billing ect leaving my door unlocked does not corrupt a honest person. Link to comment Share on other sites More sharing options...
rictus58 Posted March 8, 2012 Share Posted March 8, 2012 My wife's great aunt and her husband won the lottery in the 80's. Not a crazy amount. somewhere in the 2-3mil range I'm told. They took it out as annuity payments instead of lump sums. They lived slightly better than they had before. Bought a new house on the water-front. That was their splurge. But it's not a mansion by any sense. It's a 2 bedroom. The lady didn't quit her job. She still went to work. Though they fired her shortly after as they thought she didn't "need" to have a job. Their payment stopped a few years ago. She still has a ****-ton of money in the bank. Enough where she's in her 70's and doesn't need to worry about money for the rest of her life. She used a financial planner. She watches my daughter 3x per week, and pays for 1 week of her pre-school every month. God bless her. Link to comment Share on other sites More sharing options...
Rocky21 Posted March 8, 2012 Share Posted March 8, 2012 Here is 4 minutes of the dumb lottery winner in Michigan. http://www.youtube.com/watch?v=syFV6hcnnv4 Link to comment Share on other sites More sharing options...
mcsluggo Posted March 8, 2012 Share Posted March 8, 2012 Yeah I saw this previewed on Starting Point on CNNInteresting what i find interesting is that everybody in this thread has seen profiles of the same woman on a multitude of different sources...and everyone refers to her as the epitome of what is wrong with our society..... as if she is the standard normal random sampling rather than a very specific outlier that is SPECIFICALLY selected to stir outrage. what i think is more telling about our society is the demonstrated susceptibility to manipulation of the truly average person (rather than the manufactured "average person) and this criticism applies to all ends of the political spectrum... people love to see "gotcha moments" that demonstrate what they already "know" Link to comment Share on other sites More sharing options...
Stophovr6 Posted March 8, 2012 Share Posted March 8, 2012 That lady has rocks for brains. Link to comment Share on other sites More sharing options...
adam@section118 Posted March 8, 2012 Share Posted March 8, 2012 what i find interesting is that everybody in this thread has seen profiles of the same woman on a multitude of different sources...and everyone refers to her as the epitome of what is wrong with our society..... as if she is the standard normal random sampling rather than a very specific outlier that is SPECIFICALLY selected to stir outrage.what i think is more telling about our society is the demonstrated susceptibility to manipulation of the truly average person (rather than the manufactured "average person) and this criticism applies to all ends of the political spectrum... people love to see "gotcha moments" that demonstrate what they already "know" To be fair this was also posted: Numerous reports have come out that more than half of all lottery winners are bankrupt within 5 years (which is crazy when you think about it). I have no doubt this woman will be one of them. I heard that same line on the radio the other day on my way in from work. That is a scary though, if true. Link to comment Share on other sites More sharing options...
Stophovr6 Posted March 9, 2012 Share Posted March 9, 2012 To be fair this was also posted:Numerous reports have come out that more than half of all lottery winners are bankrupt within 5 years (which is crazy when you think about it). I have no doubt this woman will be one of them. I heard that same line on the radio the other day on my way in from work. That is a scary though, if true. It's scary but it's probably the truth. If you're banking on becoming rich with the odds the lottery offers, you're probably not going to be smart enough to hold on to that money or better yet, make more money off that money.. Link to comment Share on other sites More sharing options...
adam@section118 Posted March 9, 2012 Share Posted March 9, 2012 Ok, I am an idiot. While what I quoted was in deed scary, it was not what I meant to quote. What I meant to quote was the stat that in the US 40-50% of all lottery winners who are on some form of govt aid do not report their winnings/ keep receiving the benes. Not sure how accurate it is, but if true I find that kind of scary. Link to comment Share on other sites More sharing options...
Elessar78 Posted March 9, 2012 Share Posted March 9, 2012 State issue, right? In PA our 2010-11 state budget spent 16.1% on "Other Public Welfare and Human Services Programs" out of a total budget of $66.4 B or 6% of our total budget. It's more than appalling because we have been cutting teachers and school staff at a huge rate. The big Kahunas in this area is s"Long-Term living services," clocking in at $4.5 Billion and Medical assistance at $11.5 B. Michigan is not much different. For their 2013 budget almost 12% of a $54.4 B is slated for Human services. Link to comment Share on other sites More sharing options...
MattFancy Posted March 9, 2012 Author Share Posted March 9, 2012 Ok, I am an idiot.While what I quoted was in deed scary, it was not what I meant to quote. What I meant to quote was the stat that in the US 40-50% of all lottery winners who are on some form of govt aid do not report their winnings/ keep receiving the benes. Not sure how accurate it is, but if true I find that kind of scary. Just shows how lazy of a society we have become. People always want things handed to them. Link to comment Share on other sites More sharing options...
capcrunch98 Posted March 9, 2012 Share Posted March 9, 2012 That stats I've read about lottery winners losing everything range from 10% to more than 50%, but the reports concede that it's impossible to tell because lottery companies don't release these statistics, and many winners are discreet about their win (so any survey about losers is likely to be heavily biased towards those who didn't understand the need to be discreet, who are also more likely to go bust). The stats also indicate that lottery winners are more likely to get divorced and have falling out with family and friends. While people of all classes and economic statuses play the lottery, there is (unsurprisingly) a higher percentage amongst low-income and less-educated families, the very people who might blow their winnings as a result of not understanding general finance, tax law, the prudence of saving, recognizing when someone is taking advantage of them, etc. Link to comment Share on other sites More sharing options...
SnyderShrugged Posted October 1, 2012 Share Posted October 1, 2012 Wow, talk about an inability to handle a huge blessing. http://detroit.cbslocal.com/2012/09/29/former-lotto-winner-amanda-clayton-found-dead/ Former Lotto Winner Amanda Clayton Found Dead Link to comment Share on other sites More sharing options...
AsiaticSkinsFan Posted October 1, 2012 Share Posted October 1, 2012 Wow, talk about an inability to handle a huge blessing.http://detroit.cbslocal.com/2012/09/29/former-lotto-winner-amanda-clayton-found-dead/ Former Lotto Winner Amanda Clayton Found Dead it wasnt a blessing Link to comment Share on other sites More sharing options...
Renegade7 Posted October 1, 2012 Share Posted October 1, 2012 We can call this dolt retarded all we want, but the state (in this case Michigan) should be on the same page with the local government giving out food stamps. Sorta of like how some alarm between the state and local level should be set off when someone gets 3 guns and hundreds of bullets in a very short period of time. Or how federal agencies are supposed to communicate with each other to share info they have with each other to prevent the same terrorist attack they're all trying to stop. This person got away with the fact that our government on many levels is still inefficient and not on the same page with other levels of government. And she's not the only one doing **** like this... Link to comment Share on other sites More sharing options...
SnyderShrugged Posted October 1, 2012 Share Posted October 1, 2012 it wasnt a blessing It should be, but agreed for her, it wasnt Link to comment Share on other sites More sharing options...
Kosher Ham Posted October 1, 2012 Share Posted October 1, 2012 I recall this story. I think at the time I just shrugged and shook my head...with this news...I am feeling the same way. Link to comment Share on other sites More sharing options...
skinsmarydu Posted October 1, 2012 Share Posted October 1, 2012 My stepdaughter just got her WIC decreased because she's making more money. Just having to explain it to a 26-year-old wore me out. "But..." is not what I want to hear. And I'm a liberal. The system exists so you can use it when you need it, not when you don't. I've never had to use a public program of any kind. Being a good friend gets you good friends. Link to comment Share on other sites More sharing options...
stevenaa Posted October 1, 2012 Share Posted October 1, 2012 I've been told that assests are not used for determining qualifications of welfare. You can own a milliion dollar house outright, be out of a job and collect welfare benefits. I've never researched if it's true, but would be surprised if it is. Link to comment Share on other sites More sharing options...
twa Posted October 1, 2012 Share Posted October 1, 2012 it is true for both welfare and unemployment the means test is income only Link to comment Share on other sites More sharing options...
DjTj Posted October 1, 2012 Share Posted October 1, 2012 it is true for both welfare and unemploymentthe means test is income only This is a state-by-state issue. Ohio, Virginia, and Louisiana have eliminated asset tests for TANF, but all other states still have them in some form. http://scorecard.assetsandopportunity.org/2012/measure/lifting-asset-limits-in-public-benefit-programs Link to comment Share on other sites More sharing options...
pjfootballer Posted October 1, 2012 Share Posted October 1, 2012 I've been told that assests are not used for determining qualifications of welfare. You can own a milliion dollar house outright, be out of a job and collect welfare benefits. I've never researched if it's true, but would be surprised if it is. Wrong and it depends on the state. I know when I worked for DSS in Florida, your primary home was exempt, although you did had to explain how you paid your bills on zero income. Primary vehicle was exempt also. Any vehicles, bank account balances and properties had to be counted. ANY type of cash like a lottery, is considered "unearned" income, but can still be counted as a "lump sum" therefore making you ineligble per Florida Food Stamps and Medicaid. But like I said, it varies from state to state. Link to comment Share on other sites More sharing options...
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