I spoke with my oldest brother yesterday about Louise White, the grandmother from Rhode Island who last month won the third largest Powerball jackpot. First, we tried to find ways to be related to her (I think there is a slight family resemblance). Then we discussed what we would do with even a fraction of the winnings. Mrs. White chose to receive the lump sum of $210 million dollars, not bad for an 80 plus year old who is trying desperately to maintain her privacy.
They say money cannot buy happiness, but in today’s economy I think it would definitely buy peace of mind. For a person like Mrs. White, in here twilight years, her peace of mind also raises issues of inheritance tax increase, new relatives, no more anonymity, and other legal issues. Therefore, hiring lawyers and financial advisors is a must.
What would I do with that much money? Let’s just say that all the people who normally benefit from my goodwill will definitely feel like a million bucks. I do not think I care too much what the number is in front of the word, but boy, would I like to see the word MILLION in my life.
Very interesting!
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