Tuesday, November 10, 2009

Frankenstein Loves the Lottery

Ok, here's the question of the day.

Who is the greatest lottery winner of all time? Of course. Frankenstein wins 1/2 of every lottery win in the U.S.

In fact, in my home state of Idaho one year, a huge lottery windfall made up a significant portion of a budget shortfall.

Good gamblers, like Frankenstein, don't take gambles. Frankenstein has never bought a ticket.

Now every Christmas, about the first time I start hearing Christmas music, which neatly coincides with the day after Halloween, I think of Jack Whittaker. Whittaker's story is so sad, that it bears remembering. Whittaker cashed one of the biggest lottery tickets of all time, 315 million. Well, he and Frankenstein. In fact, Whittaker only got 114 million. Frankenstein kept 201 million for himself. What happened next is worth remembering, it happened Christmas day, seven years ago, and it goes something like this...

http://en.wikipedia.org/wiki/Jack_Whittaker_%28lottery_winner%29


What's truly unbelievable was that this ticket could have been a 900 million dollar annuity because that option was selected. Wow. Be careful what you wish for.

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