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Old 03-29-2012, 04:24 AM   #10
5/0
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Join Date: Jul 2004
Location: Mansfield,MA.
Posts: 3,322
Quote:
Originally Posted by piemma View Post
People's lives change dramatically when they win a lottery. Most end up broke in 5 years.
I read an article recently that said the first things to do, if you were to win a large sum of money, is the change your phone number get a GOOD attorney, get a Good accounting firm and put the majority of the money into trust funds for family members. In other words, tie up most of the money in long term, tax free investments for family members.
That way you are not tempted to spend it on frivolities like new boats, houses in the Keys, private jets, etc.
Bingo!

Live bait sharp hooks and timing is all you need
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