Nicholas,
That was very well put.
If we have never won big before, how many of can say we know ourselves enough to know for sure if we would be the same person after we won that we were before we won.
When a gold rush is on, and all the people stampede in to find their fortunes, history tells us that "Gold" changes people. The greed comes out, and we witness the worst of human nature. In the case of lotteries, however, it is not the rush to find gold, but rather the luck of the draw. Once we win, we may discover things about ourselves that we did not know we were capable of. We may suddenly find ourselves in position we had never been before, such as people coming you for advice, and everyone looking up to you as though you really know something, as though Wealth = Wisdom. (I am reminded of Fiddler on the Roof, and the song "If I Were a Rich Man")
Still others believe that when you become wealthy, you become MORE of what you already are, because you lose your inhibitions. Kind of reminiscent of when we get drunk, and all the inhibitions are dropped, and the real personality underneath is revealed (eg. Mean and Argumentative vs. Jovial and Generous to a fault- "A round for the house!"
In Canada we are not taxed on Lottery Winnings, known as Windfalls.If you win $25 Million, it is all tax free. The Lottery Corporation did some research on the lives of a number of winners. They found out that winning all that money did not lead to happiness in most cases. Many were prudent, and just invested it for retirement.For some, they became extremely unhappy and miserable. They had to put up with the media, and all those "worthwhile causes" and real estate salesmen, and other salespeople, and on and on and on. They suddenly found themselves with a whole lot of best friends and buddies they didn't know before, who had all kinds of appeals and expectations, and it was all so relentless. One guy on the news told his story about winning a million, and rued the day he did. He went to the bars and bought beer for the whole bar on many a night. Boy he must have been popular! He also bought a trailer park. Then he ran out of money, and had to mortgage the trailer park. Then he spent all that, and now had a problem with the mortgage, and had to sell everything off. In the end, he was as broke as before he won the lottery. I guess water will find its own level. There are many, many stories like that.
What if you just won enough to take care of all your present problems and needs (including that of your family), and you used it to clean everything up. Now you have a clean slate, but could get on with your life the way it is now, without injecting Wealth into your lifestyle? Do you think that would be better than winning the Big One?
Rod P.