Electrician facing foreclosure collects $1M Powerball prize

Hoosier Lottery

Larry Chandler, 34, was one of the first people through the door at the Indiana lottery headquarters Thursday morning.

A Powerball winner has 180 days to pick up their prize, but a Highland, Ind., man didn't bother to waste a single day after winning $1 million in Wednesday's Powerball.

Larry Chandler, 34, was one of the first people through the door at the Indianapolis lottery headquarters Thursday morning after discovering he was one of the big winners in the $587.5 million drawing.

But the union electrician says he'll be back at work on Monday -- after he hires a tax adviser and a financial planner.

For more, visit NBCChicago.com

Chandler's girlfriend's daughter tells NBC 5 that he had been living with them because his own home was in foreclosure. His immediate plans for the money include helping out his mom, starting a college fund for his daughter and taking his girlfriend to Red Lobster -- which should buy plenty of cheddar biscuits.

 

Chandler says he played his own numbers and matched every one except the Powerball.

The winning ticket was purchased at the Highland Citgo on Kennedy Avenue.

"It's really great that one of my customers has had good fortune," Citgo employee Keith Barnes said.

A second million-dollar ticket was purchased in Vincennes, IN, but it has yet to be claimed, and two other million-dollar tickets were purchased in Central Illinois.

Two tickets, purchased in Arizona and Missouri, matched all six numbers and the winners will split the more than half a billion-dollar jackpot.

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Comment author avatartony tyler-1522631Expand Comment Comment collapsed by the community

so let me get this straight.. he is going into foreclosure but buying lottery tickets? wow amazing.. my guess is he will continue to make bad decisions financially and be broke in let me guess, about 3 years or less...

  • 42 votes
#1 - Thu Nov 29, 2012 2:55 PM EST

Geez, Tony... hasn't anyone ever told you, "you have to spend money in order to make money" ... why such a sour puss?

THIS IS ONE FOR THE LITTLE GUYS!

  • 147 votes
#1.1 - Thu Nov 29, 2012 2:57 PM EST

@tony - Seems it was a good bet wasn't it. I bet he even has more in the bank now than **GASP** you. A powerball ticket is two bucks. Shut up.

  • 121 votes
#1.2 - Thu Nov 29, 2012 2:58 PM EST

High horse much Tony?

  • 65 votes
#1.4 - Thu Nov 29, 2012 3:04 PM EST

Oh, good for this guy! I am very happy for him. I laughed when he said he was taking his gf to Red Lobster. It really is the little things in life!

Hey Tony: You are this year's real life "Grinch"!

  • 79 votes
#1.5 - Thu Nov 29, 2012 3:11 PM EST
Comment author avatarlvingbarefootExpand Comment Comment collapsed by the community

Tony is right, buying lottery tickets is not a responsible fiscal strategy. I am happy for the guy but I know plenty of "broke" people that smoke, play tons of lottery, buy beer and other frivolous irresponsible items and then want to borrow money.

Sorry, personal responsibility does not include these actions.

  • 32 votes
#1.6 - Thu Nov 29, 2012 3:13 PM EST
Comment author avatarBlinky-3826323Expand Comment Comment collapsed by the community

The odds were 176,000,000 to 1. This is not how you spend what little money you have. Many other idiots threw their money away. Where do you think the $500,000,000 came from? Santa Claus?

  • 16 votes
#1.7 - Thu Nov 29, 2012 3:15 PM EST

Two-investment for a million-dollar return (or whatever his portion is)? I'd say that was a wise investment. A lot of people gamble their last dollar in hopes of this very thing happening. Congratulations. I'm happy an everyday guy who really needed it has had a dream come true.

  • 58 votes
#1.8 - Thu Nov 29, 2012 3:15 PM EST

Will the courts make the Lottery system take out adds saying they lied when they told us the money would be used for education?

  • 17 votes
#1.9 - Thu Nov 29, 2012 3:16 PM EST

"You have to spend money to earn money" - the truth and something that many people fail to grasp. I usually am the Grinch, the one that says Bah Humbug but actually, maybe my heart did grow a bit today because I actually smiled when he said the first thing he wanted to do was take his girlfriend to dinner. Enjoy the little things in life - everything goes by way to quick.

  • 35 votes
#1.10 - Thu Nov 29, 2012 3:17 PM EST

"my guess is he will continue to make bad decisions financially"

  • My guess is you just love telling everyone how to live their lives!!
  • 65 votes
#1.11 - Thu Nov 29, 2012 3:19 PM EST

Blinky, if those are the actual odds and payout. Playing when the payout is greater than the odds, which after taxes makes this a very rare case, does make fiscal sense.

  • 12 votes
#1.12 - Thu Nov 29, 2012 3:25 PM EST
Comment author avatarComanchedriverExpand Comment Comment collapsed by the community

He wins $1m? And needs to hire a financial advisor?

Lets see - assuming he's will pay 31% in federal tax his winnings become $690,000.

He prob owes somewhere around $190k on his defaulted mortgage. . .. now he has $500k.

Ok - $500k. He pisses away $100k in the first 60 days - new tricked out pick-up truck, 4 big screen TV's, and new computers, iPad, iphones all that stuff.

Wife wants a new car, new furniture, a new kitchen, heated floor in her bath room, a nice warm bidet to clean her rear, his mother needs tires, her mother needs whatever - another $100k -

$300k left. You don't need a financial planner.

Take $50k, put it in a govt bond fund earning 3%. Another $50k in about 5 different dividend stocks paying about 5%. $100k in the kids college funds, investing in stock and bond funds picked from a list of 5.

$15k in a saving account and the remaining $85k in a brokerage account spread between Fidelity and Vanguard's Targeted 2025 or 2030 retirement funds.

After its all over in 90 days he as a new truck, some new TV's, some money for the kids college, the beginnings of a nest egg and his house is paid for. He should be able to live ok . .

Assuming he's not like the rest of the idiots who piss it all away. Remember, there is no all expense paid cruise or weeklong disney trip for the whole family [wife's third sister, his worthless sister, his cousin he went hunting with in 2004 and the old girlfriend who wants to get paid for the blowjobs in his current pick up right before he got married when sowed his wild oats one last time] to celebrate the win for $25k in there any where -

  • 23 votes
#1.13 - Thu Nov 29, 2012 3:25 PM EST
Radcliffe4Deleted

A two dollar expenditure would not of saved his house. Two dollars for a million. Still a shot. He took it, and for once the little guy made the shot. Wonder if he "Robo signed" the ticket.

  • 35 votes
#1.15 - Thu Nov 29, 2012 3:28 PM EST

Radcliffe, you can't accomplish any of your liberal dreams without capitalism.

There is nothing wrong with trying to make money, it helps the world tremendously!

  • 16 votes
#1.16 - Thu Nov 29, 2012 3:32 PM EST

You know where guessing will get you...You sure know a lot for not having any facts! Jealous much??

  • 8 votes
#1.17 - Thu Nov 29, 2012 3:36 PM EST

Am I the only one who noticed that he did not mention paying off his loan so he can get his house out of foreclosure?

  • 32 votes
#1.18 - Thu Nov 29, 2012 3:40 PM EST

How much did he spend? Did he just buy one single $2 ticket or hundreds of dollars he shouldn't have been spending? It's been shown that the poorest people will spend hundreds of dollars a month on lottery tickets. He lucked out while the rest let their kids go hungry.

  • 5 votes
#1.19 - Thu Nov 29, 2012 3:43 PM EST

My guess is you just love telling everyone how to live their lives!!

nah the government does that!!!! No doubt he will be paying those forclosure costs he's incurred. the government/IRS will see to it!

  • 3 votes
#1.20 - Thu Nov 29, 2012 3:44 PM EST

Cappy, I bet he doesn't.

Makes for a good question.

If he is real upside down on his home and let's it go back to the bank, is he a greedy bastard or do you all still love him?

  • 6 votes
#1.21 - Thu Nov 29, 2012 3:45 PM EST

Tony - you are probably right, and sadly, that will make him no different than MOST americans, including yourself.

because the reality is, most americans making the average median household income cant take care everything on that little of salary, and be considered to have "covered all their basis".

it takes one major illness to wipe out a "responsible" person like yourself.

and the poorer you are, the more likely you are to just say "f it, im just gonna enjoy life as long as im living"...

it's why piss poor people spending whatever dollar they get on booze and cigs dont suprise me, life sucks enough for them already...I wont begrudge them wanting a little bit of happiness.

and the irony Tony, if everyone was TRULY responsible, our economy would collapse...all that money sucked out of the system and just SITTING in banks, collecting dust...

the banks wouldnt be loaning that money to anyone, because borrowing money is irresponsible tony - if you want something badly enough, save up your own money and buy it (hence no needs for loans)...

so, jump off your soap box, take a good long hard look in the mirror, and ask yourself how much money you blow on crap - that could be sitting in a bank account for when cancer devastates your life.

  • 17 votes
#1.22 - Thu Nov 29, 2012 3:48 PM EST

Comanchedriver - a man after my own heart! Dividends and bonds - between that and CD's, that is exactly what my husband and I said when we had the hypothetical "what would we do if we won the lotto" conversation. Dreams really, as we never even play the lotto, but it's fun to dream... too bad our dreams are boring and include grown-up things like bonds and dividends LOL!!

  • 11 votes
#1.23 - Thu Nov 29, 2012 3:54 PM EST

@Tony, let me ask you this: How far do you suppose $2 that would need to be spent to win the lottery is going to go toward three to six months' worth of mortgage payments? Years ago I was where this guy is. In an attempt to save our house I gathered up everything I owned that I could do without and put it up for sale. In the end I made $50 and we lost not only our house but I sold a darned good stereo system trying to save our house. In retrospect I should've kept the stereo because fifty bucks didn't do squat in trying to catch up those back payments!

I think it's great this guy won this money and from the looks of it he has good priorities.

  • 14 votes
#1.24 - Thu Nov 29, 2012 4:00 PM EST

@Cappy-1911, yes i did. that's a very telling statement he made, isnt it ? he mentioned the most important things in his life, which i thinks tells a lot of good about his character.

does that mean he isn't going to try to get his house out of foreclosure ? who knows. but we do know, the three most important things to him are things other than material possions.

  • 9 votes
#1.25 - Thu Nov 29, 2012 4:00 PM EST

Usually the people like Tony who point fingers are actually 10 times worse. Hey Tony, don't you think you should get off of Welfare and Food Stamps before buying your $20 bucks worth of lotto and a 12 pack of Keystone Light?? Put those Cheetos down man, they have no nutritional value!

I say congrats to this young man and it is nice to see someone like him win!

  • 12 votes
#1.26 - Thu Nov 29, 2012 4:08 PM EST

Sorry Jessica-1170252, but comparing someone that comes down with a major illness to someone that deliberately choose to gamble their money away is a bit of a stretch, don't you think??? Effectively what you are saying is this...."I'm poor so I don't have to be responsible." You know what that does....it leaves the rest of us that are responsible to pick up the tab (ie...welfare). If we were all irresposible as you seem to think is social acceptable, our economy would also collapse because nobody would work. This level is irresponsibility is not sustainable....it takes hard working people like the rest of us to keep the system going. Stop making excuses for those that are "poor". As an electrician, he should have no problem making enough money to have a nice home that he CAN afford. I know several electricians that do just that....

And on another front....borrowing money is not irresponsible. Many people borrow many and use it to do great things. Borrowing money is not irresponsible; borrowing money with no intention of paying it back, however, is.

  • 6 votes
#1.28 - Thu Nov 29, 2012 4:13 PM EST

Someone is having a very, very nice Christmas this year!! I'm glad he won.............

  • 16 votes
#1.29 - Thu Nov 29, 2012 4:16 PM EST

<strong>Fantastic! </strong>
Its a great day for this man and his family, sure he didn't win the main prize but so what as a million isn't just chump change. He got himself enough to pay off his mortgage (I hope) and he's even setting some of the money aside for his daughters future education and hes treating his family members to some extras they might have not had without his winnings so all in all hes off to a great start and yeah the guy plans on keeping his job too! 
I myself didn't win but then again I didn't figure I would so to see a guy like this win some much needed money and do the right things off the bat makes me feel good inside somehow and knowing the money helped someone like him really makes my day!, guess I'm a good loser.
There are many other winner out there beside this guy and I hope that they also needed the money as much as this man did and the money does help them to make a better life for themselves or even change there life for the better for mistakes they made in there past.
Congrats to all the winners, don't spend it all in a foolish way and you'll be a lot better off for it in the end.
As for all the people out here who have negative posts/thoughts, try harder next time to win and maybe you'll do better! This guy beat us all this time and he deserves what he got so lighten up and let him enjoy it.

  • 8 votes
#1.30 - Thu Nov 29, 2012 4:19 PM EST

muddliemike, you are corrrect. Based on some of the comments here, there are simply too many miserable internet posters to count.

  • 6 votes
#1.31 - Thu Nov 29, 2012 4:35 PM EST

Well Tony, $2 is not going to get a person out of foreclosure anyways. Buying a ticket gives people a little hope despite the odds and that's what counts. People are aloud to have hopes and dreams no matter what you think. And your comment about him being broke in 3 years, it's not like he quit his job over $1 million. What is it your business anyways.

  • 13 votes
#1.32 - Thu Nov 29, 2012 5:13 PM EST

I just love all the sour grapes and "financial expert" posters on here. So this man bought a lottery ticket. Is that a crime? Last time I checked the answer was NO. And I love all the ASS-umptions that he will blow it all on 60 inch TV's, luxury SUVS and Caribbean vacations. How do you know he's not going to halt the foreclosure proceedings and pay off his house outright?

Leave this guy alone. He won the money, fair and square and what he does with it is nobody's damn business but his.

  • 17 votes
#1.33 - Thu Nov 29, 2012 5:17 PM EST

What's wrong? You guys so pissed of that an American with a marketable skill gets to keep his house. What does that say about you? If you're so f'ing miserable why not go out and live a little, maybe say, swim the North Atlantic!

  • 9 votes
#1.34 - Thu Nov 29, 2012 5:38 PM EST

I'm sure this wasn't the only $2 he ever played on the lottery. Those $2 bets add up to mortgage payments over time. For every 1 person that hits the lottery facing foreclosure there are thousands that don't have the winning ticket and lose their houses.

With that said, I love the lottery. The lottery, cigarettes, and booze are the only way the damn reliefers pay anything back to society. Keep dreaming welfare bums.

  • 2 votes
#1.35 - Thu Nov 29, 2012 6:29 PM EST

Everyone on this little chat claiming $2 for 1M is such a good investment. You spoke to him? Maybe he spent $100 on tickets, and the drawing before that and the drawing before that. Maybe he has a gambling problem? And if that took his house, it really cost him more than $2. They post the warnings all over the site. Why would they do that do you think? To avoid suit because it has happened before? http://www.powerball.com/pb_responsible.asp He seems like a nice guy, but this could ruin people just like slots, booze, drugs. Hopefully this is the leg up he needed.

  • 1 vote
#1.36 - Thu Nov 29, 2012 6:29 PM EST

@ tony tyler-1522631

Undoubtedly tony tyler does not like winners, and I bet he voted for Romney. What does that make you in the last 4 years tony, 0-2?

People like tony, you know, jealous people, you can spot them a mile away. Get over it dude, he won, good luck Larry Chandler, and yes, make sure you help your Mom!!

  • 9 votes
#1.37 - Thu Nov 29, 2012 6:51 PM EST

I think it's great! I love to see people who really need it hit the lottery. So what if he spent a few bucks on a lottery ticket when he's "broke." If it was his few bucks, what he did with it or does with the money he won, it is his business and nobody elses! What I can't stand to see is a person who wins the lottery who is already richer than most of us dream to be. And then they keep it without donating a penny to those in need! I do hope Mr. Chandler spends it wisely. What he won wont go very far really. He made one good decision by keeping his job!

  • 5 votes
#1.38 - Thu Nov 29, 2012 6:58 PM EST

hey tony go %uck yourself.he's a workin guy that spent a few bucks on a lottery ticket and won you f-in pos.guess your're jealous . go back and crawl into your mommies womb you'll be warm and protected there.

  • 7 votes
#1.39 - Thu Nov 29, 2012 7:32 PM EST

I thought all those wonderful unions took care of their own? Well what happened to this poor guy? Lucky for him he hit the numbers. Now how many other men like this are depending on unions that never delivered? Oh maybe we can ask those Hostess bakers!

    #1.40 - Thu Nov 29, 2012 8:56 PM EST

    All I'm saying is this guy just won a million dollars and he couldn't think of a better restaurant to go to besides Red Lobster?

    • 1 vote
    #1.41 - Thu Nov 29, 2012 9:01 PM EST

    This guy seems like a nice person. I'm glad he won. Electricians usually are paid well, but with the price of groceries and gas going up, and most businesses not giving raises, or at best small raises, I can understand how there are foreclosures. All these people out there pointing their fingers\ at people that are having a hard time and losing their home need to spend more time being grateful and less time trying to blame someon who is down on their luck. Remember -- but for the grace of God, that could be you losing your house. We do not know what tomorrow holds. Oh, I forgot, there are lots of people who do not believe in God.

    • 2 votes
    #1.42 - Thu Nov 29, 2012 9:11 PM EST

    Tony-

    Throw $2 in the collection basket at church / Salvation Army on Sunday.

    Pray. A lot. Extra hard this time!

    See what you get Monday morning.

    Take your better half to Red Lobster Monday night.

    Cry that you are broke. (Long John Silvers never sounded so good!)

    Get mad at god / higher power / etc. Cry more.

    Vent at others.

    Repeat as necessary.

    Realize you are an arse.

    • 3 votes
    #1.43 - Thu Nov 29, 2012 9:48 PM EST

    @Comanchedriver,

    It's been a long time since I read anything as repulsive as your post. You make a bunch of wild guesses about all the asinine things this guy will "of course" do with his money. But it sounds like: a) those are the things you would do; and b) you are just plain jealous. J-e-a-l-o-u-s. And he is way, way, waaaaaaayyyyyyyyyyy smarter than you. Go back to your pathetic life and keep dreaming of a jackpot that can buy you a tiny piece of class, you white trash redneck.

    • 2 votes
    #1.44 - Thu Nov 29, 2012 10:20 PM EST

    Funny how the community collapsed the first comment, which hid their comments also. Kinda like buying a losing lottery ticket. LOL

    • 1 vote
    #1.45 - Fri Nov 30, 2012 7:18 AM EST

    You know Cincy - they ain't guesses. My partner and I [law parter - can't be too clear these days] have represented lots of lottery winners - and every single comment there was truthful on multiple occasons for lottery winners - even the ex-girlfriend coming in who wanted money because she gave the winner a blowjob the night before his wedding because she liked to - and being a guy who was not married yet why not - and she was sure that the guy did not want his wife finding out.

    You might find my comments repulsive but they are all truthful things that have happened so its not me - its the lovely broad pool of humanity out there. We had one winner of $22 million who, ten years later, filed bankruptcy, and it's more common than you think.

    On multiple occasions the winners family - on both sides - just kind of assumed that they would all be going on an all expense trip to disneyworld or to Europe or a cruise - as in a cast literally of 100 - after all - the new winner was loaded and they were family. People as distant as second and third cousins thought they'd get their house paid off because they came to Thanksgiving dinner last year. People are STRANGE.

    I know the OP here has no wife - so why would you think I was directly referring to him? But - guys like this have no money sense - and they generally piss it all away within a couple of years . . . in our legal experience you need to be over 45 or have the type of personality like Kaily up there who sees a windfall as just that - a windfall and an opportunity to make live easy for a long time - not just blow it all on a 4 mpg pick-up you really cannot afford to maintain or drive.

      #1.46 - Fri Nov 30, 2012 10:48 AM EST

      He wins $1m? And needs to hire a financial advisor?

      You know what, this is totally ridiculous. I consider myself a pretty intelligent person, and I'm generally good with finances (meaning I pay bills on time, know how much we have, don't overspend, etc) and I STILL don't know much about the stock market and investing. So MAYBE, just maybe, his hiring a financial adviser is the best thing he will do.

      Get off your high horse.

        #1.47 - Fri Nov 30, 2012 12:38 PM EST

        And another thing, lets says he bought a lottery ticket every week. That adds up to $104 a year. Would that make 1 monthly payment on his mortgage? No. Make it 2 tickets a week. $208. Still doesn't pay it. Make it 4 tickets a week. $416. Still not, probably. How's about 5. $520. Again, that's still probably not enough (going by average home values nowadays) for ONE MONTHS PAYMENT.

        Get over yourselves!

        Congrats to Larry!

          #1.48 - Fri Nov 30, 2012 1:56 PM EST

          Robo - you having some trouble there with math? One lottery ticket every week is $52 . . . not $104. There are 52 weeks in a year nimwit . . .

            #1.49 - Mon Dec 3, 2012 3:14 PM EST

            The price of a powerball ticket is $2.00.

              #1.50 - Wed Dec 5, 2012 10:51 AM EST

              A two dollar ticket is about as risky as a 401K with the fat cat greedy sleeze balls on wall street. You have a better chance with the Lotto of your money being there than you do entrusting it to these people. Congratulations man. Sounds to me like all the Naysayers are a bit jealous. You know what, get you another ticket, and go out to eat again this weekend. Good luck and I'm glad to see someone that needed it really did win.

              • 1 vote
              #1.51 - Sat Dec 8, 2012 1:24 PM EST
              Reply

              Good for you, buddy. Enjoy it.

              • 98 votes
              #2 - Thu Nov 29, 2012 2:58 PM EST
              Comment author avatarnydogloverExpand Comment Comment collapsed by the community

              White trash a$$holes don't deserve this money. He's gone into forclosure. I didn't hear him say how he was going to get himself out of debt. At least he'll start a college fund for his daughter. Hopefully she'll use the money and not become a crack whore using all her "college funds" to help support her illegitimate children.

              • 7 votes
              #2.1 - Thu Nov 29, 2012 3:39 PM EST

              Jeez @nydoglover, what the heck is your problem? Jealousy? Clearly you wouldn't deserve this money either.

              • 60 votes
              #2.2 - Thu Nov 29, 2012 3:43 PM EST

              NY Dog is why I say FU to NY City mayor Bloomberg begging for hurricane Federal bailout money. Cry and whine when they are in trouble but NY aholes when the other shoe is turned.

              • 22 votes
              #2.3 - Thu Nov 29, 2012 4:11 PM EST

              @nydoglover -

              Get a grip! I suppose you think that because he's in foreclosure, that makes him "white trash"?? Lack of funds does not make a person anything other than low on funds. I don't know the man and doubt you do either. He might be a saint of a person or a jerk, but what you wrote says much about which end of the scale you're on.

              • 65 votes
              #2.4 - Thu Nov 29, 2012 4:18 PM EST

              wow there are so many haters on here....Yes his house is in foreclosure...yes he spent at least $2 on a lottery ticket...& guess what, he won a million...You haters are calling the guy white trash a$$holes (nydoglover ) cappy-1911 & tony assume that he is a deadbeat as his home is in foreclosure....do you know why his home is in foreclosure??????? How about just being happy for someone else for a change,geez....I say CONGRATULATIONS & ENJOY Red Lobster!!!!!!!!!!

              • 60 votes
              #2.5 - Thu Nov 29, 2012 4:26 PM EST

              What a terrible response, @nydoglover! You have no idea why he might be in foreclosure. Could be that he was laid off from a higher paying job, or doesn't have health insurance and has had to choose between medical bills and his mortgage. Could be any number of things that are none of your business.

              He's obviously a man with his head on straight given that he recognizes that a million dollars isn't the type of money you quite your job over (which would be a lot of people's first move). And he immediately thinks to hire a tax attorney and financial planner. And his idea of splurging is Red Lobster. Talk about someone who's being responsible! It sounds like he really deserved this, and that it'll help him secure several things in his life. Good for him! I'm glad to see a man with that kind of character win a million bucks! :)

              • 56 votes
              #2.6 - Thu Nov 29, 2012 4:50 PM EST

              Union electricians get good money..you have to pay for that house you brought before most other things..buying a house you can't afford is not smart!

              • 4 votes
              #2.7 - Thu Nov 29, 2012 4:58 PM EST

              Mike, if you are so smart maybe you can tell me something. First, how do you brought a house? Second why is his home in foreclosure? I read nothing about the circumstances that led to the pending foreclosure. Maybe an injury kept him from working, maybe there was a cut in his hours at work. This man is a working man, unlike many people out there. To me it sounds as if Mike277 is the one that is not so smart. Gather some facts before you make baseless comments as you already have.

              • 32 votes
              #2.8 - Thu Nov 29, 2012 5:17 PM EST

              Your point is moot, Mike.

              • 13 votes
              #2.9 - Thu Nov 29, 2012 5:22 PM EST

              WOW mydoglover, jealous much! Let me guess you went out and bought a crap ton of tickets and didn't win anything. LMAO! You wouldn't tell the truth if you did cause you wouldn't want people to know that I got it right. Why is it your concern what he does with HIS money and why do you feel the need to bad mouth his family. Stop crying and get over it already, you will get another shot at it!

              • 12 votes
              #2.10 - Thu Nov 29, 2012 5:25 PM EST

              It would seem to me the first thing he should do is pay the mortgage company enough to stop the foreclosure. If not just pay off the mortgage entirely. As far as buying lotto tickets and being in foreclosure, really folks would the 10 dollars spent on tickets stop a foreclosure any other way?

              • 12 votes
              #2.11 - Thu Nov 29, 2012 5:28 PM EST

              Guys, I think we are missing the whole point...which is, that stories like these encourage other desperate people to sink their money into lotteries, too. A much more vauable article was the one about your statistical odds of winning (not very good).

                #2.12 - Thu Nov 29, 2012 5:39 PM EST

                Obviously NYdoglover hates people but wastes his money on dogs. I bet he can't earn real love from a human, because he has no compassion.

                Dogs are easy, throw some dry dog food in a dirty bowl, make them sleep in the cold wet back yard on a leash and they will sacrifice their lives trying to save yours.

                NY, why not just secede from life and take your dog down to the rail yard and try to get some sleep.

                • 4 votes
                #2.13 - Thu Nov 29, 2012 5:57 PM EST

                It's very funny, given now that he's a millionaire, he has set his sight on Red Lobster.

                  #2.14 - Thu Nov 29, 2012 6:00 PM EST

                  NYDoghumper is just a Troll and probably gets great satisfaction in knowing his negative comment created such a stir. Just ignore the fool.

                  • 11 votes
                  #2.15 - Thu Nov 29, 2012 6:00 PM EST

                  Annie - He lives in Indianapolis, away from any seafood harbors. Nothing wrong with Red Lobster and it's probably one of his favorite restaurants. Most men I know would choose a good steak or seafood dinner over White Castles or McDonald's. At least he's still "down to earth" and he wants to celebrate at Red Lobster, so be it!

                  I'm happy for him and glad he's putting money into a college fund and thinking about hiring people to handle his money. Sounds like there are a lot of frustrated lottery players out there.

                  • 21 votes
                  #2.16 - Thu Nov 29, 2012 6:23 PM EST

                  Good luck to you and yours in all you pursue. I certainly share your happiness!

                  • 16 votes
                  #2.17 - Thu Nov 29, 2012 6:27 PM EST

                  A) I congratulate anyone who wins the lottery..

                  B) However, if you are too broke to pay the bank, why are you spending your money gambling? If this guy owed YOU money, would you be OK with him even spending 2 dollars on a lottery ticket instead of paying you back? Just because it is a bank he owes, it must be OK for him to not pay his debt?? This is exactly why this country is in debt like it is. Don't ever start to think that YOU do not owe a portion of the trillions of dollars of debt this country is in.. if you don't pay it back your kids will.

                  C) The article points out that he will be going into work on Monday.. well DUH.. who in their right mind would even consider that this guy won enough to retire?? 1 million dollar prize.. if he takes it in 30 year payout that is about a $2770 per month payday before taxes.. So like a $33k per year salary.. About double the minimum wage.. retirement?? HAH.. Take the lump sum, you get about $600k, then pay 35-50% in taxes depending on your state, so in most states, he banks $300k from this. A cheap local college for a kid is $40k for 4 years, an out of state university will set you back $50k-200k.. So it is no surprise to me that if he is planning to set up his daughter for college and help his mom that he won't have enough left to pay his debt to the bank and get out of foreclosure. Then again, the bank will probably find out and go after him asap.

                  D) It doesn't matter why he is in foreclosure, he took on a debt and agreed to pay it back, when he couldn't the bank finally foreclosed, but now he CAN pay it back, so he SHOULD, regardless of the reason he got there in the first place. You seldom walk away from a foreclosure cleanly, the bank WILL eventually get a settlement against you and you will eventually have to pay the debt you agreed to pay when you bought the house.. Unless he filed for bankruptcy protection, in which case if it is still open he can kiss any of that money he is getting goodbye until his debts are paid.

                  E) Regardless of anything above, the sad truth is people will assume he is rich now, despite a meager $300k net win, and that he is a victim because his house was in foreclosure and isn't obligated to pay his debts.

                  My first thought when reading that he won money was "good, he can pay his debts now".. no mention in the article though. Go figure. I hope he uses the money to get himself back in the black and still has enough to put some of it to good use with his family. Odds are, unfortunately, that he will be worse off a year from now.

                  • 5 votes
                  #2.18 - Thu Nov 29, 2012 6:36 PM EST

                  How cool!! What a GREAT story! I wish ALL the best for him! I'm NOT wasting time

                  reading all the negative story's out there! Can't people just be happy for other people,

                  even if you don't know what's goin on in their lives? Merry Christmas Larry!

                  • 15 votes
                  #2.19 - Thu Nov 29, 2012 6:53 PM EST

                  @ nydoglover
                  #2.1 - Thu Nov 29, 2012 2:39 PM CST

                  What happened bro, missed your meds today? LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

                  • 8 votes
                  #2.20 - Thu Nov 29, 2012 6:59 PM EST

                  What a wonderful story - this is what lottery winnings should be all about - a hard-working fellow who needs a break to help himself and his family get back on their feet. The government is getting its cut, so there should not be any more whining about public/disaster assistance.

                  In the end, though, what he does with his money is his business . . . . and we need not speculate any further on what happened in his life - ain't our business, either . . .

                  • 17 votes
                  #2.21 - Thu Nov 29, 2012 6:59 PM EST

                  Sounds like he has his head on pretty straight. A million dollars isn't really THAT much money, especially after the government get's half of it. It's really not "quit your job and buy everything you've always wanted" money. He should be able to pay for college and have a nice little house paid for, and of course Red Lobster weekly!

                  • 9 votes
                  #2.22 - Thu Nov 29, 2012 7:00 PM EST

                  Oh Dave, holier than thou you have probably never been sick, had sick children, been laid off from a job or any one of the thousand thanings that can though you in a financial tailspin. I'm very happy for you. Usually when your that judgemental of others, it comes back around to bite you. Hope you don't end up in that shape before it's all over. You so worried about the scum bag bankers who robbed us blind but are foreclosing on his house. Bet they wish they hadn't made their move so soon. Maybe that house don't look so good to him now. Wait a minute the more I think about this you sound like a scam bag banker!

                  • 9 votes
                  #2.23 - Thu Nov 29, 2012 7:10 PM EST

                  NYdoglover ...

                  Look at my middle finger ... that's from Chandler !!

                  Congrats Chandler !!

                  • 5 votes
                  #2.24 - Thu Nov 29, 2012 7:25 PM EST
                  Comment author avatarScott Haneyvia Facebook

                  Great for this guy!!I've seen some supportive comments of this fellow and some disgusting vicious comments as well.Shame on the latter.I'm in a similar situation as well due to medical issues with my wife and myself that no one could be prepared for so you hateful jerks making these comments had better hope nothing like these situations ever happens to you because I'd like to be there to kick you in the teeth!

                  • 8 votes
                  #2.25 - Thu Nov 29, 2012 7:37 PM EST

                  uhhh dave... a little out of touch you think? 33k is quite more than minimum wage. if your rich enough to believe otherwise, one would hope you would also be smart enough to know that. but, as we all know- those two characteristics don't quite go hand in hand.

                  CONGRATS larry!!!! i love your story!! it couldn't have happened to a better guy! :-)

                  • 4 votes
                  #2.26 - Thu Nov 29, 2012 7:37 PM EST

                  carol: I have lived on welfare, I have taken food stamps, I have used medicare to pay for my first child's medical bills. And as soon as I could get on my feet, I stopped taking it. I have lived on minimum wage, supporting a wife and child, and sacrificing tv and other luxuries, using a wood stove because it cost too much to turn the heat up above 50, never going out to eat, driving cars held together by the little rust that was left and trading labor for repairs when needed, doing odd jobs when I found time to make ends meet. I have gone through a bankruptcy and yet did not put my cars or my trailer home on the bankruptcy because I felt it my responsibility to pay those off even though I could have walked away with full ownership and not pay any more against my loans. Since then (15 years ago) I have walked the straight and narrow and never carried a balance on a card.. if I spend it I made sure I earned the money FIRST. I didn't buy more house than I could afford, and in fact made sure I could afford it on half my income if need be, and I bought a house that was run down and had potential and spent 10 years fixing it up, and I am barely half finished despite having the money today to finish it, because what if tomorrow I lose my job? I have been at the bottom, making $11k per year between me and my wife and supporting a child, and a mere 20 years ago, not back when $11k was a lot of money.

                  My girlfriend was stuck in a house she couldn't afford with an ex husband she didn't want to live with.. for two years before she finally sold the house for a $40,000 loss.. I understand the difficulty, I have lived it. But when I could pay my debts, I did.

                  I have been laid off and 2 days later took a job working for 9 times less than I was making. I have been in the tailspin and instead of feeling that I needed more than I had, I settled for what I could afford and pulled myself out of it and eventually got back on my feet. I went through a divorce and had to pay her half of everything I had saved in 18 years despite her spending all of her salary every month and part of mine for all that time on stuff she didn't need. I bailed her out of debt that I never agreed to pay more times than I can count. I have gone from having a year's worth of income in savings to having nothing a week later.

                  I feel for anyone who was caught in a situation with real estate and had no choice, but this guy had a choice to take the money he OBVIOUSLY had extra to pay off a small part of debt, but he chose to gamble it. Now if he doesn't take those winnings and pay that debt, he is the lowest form of scum out there.. I didn't like that I had to file bankruptcy when I did, but if halfway through the process I had come up with some money and could pay it off, I would have. Holier than thou? no, but I know right and wrong, and if I owe someone I don't go and gamble the money.

                  • 1 vote
                  #2.27 - Thu Nov 29, 2012 7:44 PM EST

                  My husband works for the same electrician union that the winner works for. In fact, he worked right next to him. It could very well be that he got laid off. The way these jobs work, you may work for a few months and then be laid off for the rest of the year. We are not "white trash", we work very hard and have to sacrifice a lot on both sides for my husband to be a traveling electrician. He gives up seeing his family every night and I run everything at home so that he can choose a profession like that.

                  So to Chandler I say "Congrats" and to the rest of you I say "Better luck next time."

                  • 18 votes
                  #2.28 - Thu Nov 29, 2012 7:44 PM EST

                  @dem from ky "uhhh dave... a little out of touch you think? 33k is quite more than minimum wage. if your rich enough to believe otherwise, one would hope you would also be smart enough to know that. but, as we all know- those two characteristics don't quite go hand in hand"

                  min wage is $7.65 per hour.. that is ~$15k per year.. $33k is about twice that.. and while it is not a bad salary.. it is for 30 years and if you retired on it you would still be barely above poverty level and be left with nothing.. to quit your job because you are a "millionaire" would be idiotic. Personally I would love to supplement my income by $33k per year, it would be a large raise for me, but never in a million years would I be ready to quit my job for it.. and electricians make decent money.. usually more than $33k per year, so why would he quit, ESPECIALLY if he was already in financial trouble.. ? To assume he could even afford to quit his job is just stupid. My point is that not only did the author of the article state this like it was not already obvious, but so many people think that because he won "a million dollars" that he can retire in luxury now.

                  I certainly envy him winning this much money, but it isn't as much as most people think it is.. a car, a house, and a dinner at red lobster and it is pretty much gone after the taxes and such. If I am going to win against ALL odds, I want to win at least 4 or 5 million so I can afford to retire after paying all the dues.

                  I realize people think I am negative here, but it is quite the contrary.. I am only negative about him gambling when he is losing his house.. AND he didn't mention paying his debts off before enjoying what is left, and that rubs be wrong too.. doesn't matter if it is a bank or you, if he owes and he has the money, he should pay.

                    #2.29 - Thu Nov 29, 2012 7:54 PM EST

                    amie, my husband works for local 369, i believe the same union (we are in ky). your comments are dead on! my husband works long hard hours in situations most people wouldn't dare set foot in. all the while, i take care of the kids and home (while working my own career too, we only see eachother in passing when i am waking him up for work and the opposite). he's the most dedicated hard worker i know. then, gets laid off when the job is complete. not because he is lazy, just waiting until the next job comes around. thats the way the work goes. anyone who is not in our shoes could never understand, don't even bother trying to explain to such types- i've found a waste of time and energy... none of which we have after what we go thru to provide for our children and our futures. ;-)

                    • 7 votes
                    #2.30 - Thu Nov 29, 2012 7:57 PM EST

                    oh my apologizies dave, i must have skipped the part of the article where they mentioned that he said he wasn't planning on paying to get his home out of foreclosure. he was just going to skip out on it for the other items he mentioned. my bad.

                    • 4 votes
                    #2.31 - Thu Nov 29, 2012 8:06 PM EST

                    Looks like he is planning to make some WISER decisions, hiring a FINANCIAL ADVISOR. Haters are always going to hate. ENJOY YOUR CHANCE AT A DO OVER. Don't forget who had your back, your girlfriend and ENJOY!!

                    • 4 votes
                    #2.32 - Thu Nov 29, 2012 8:28 PM EST

                    you know how you can always tell when someones not telling the truth because they feel a need to tell way too much and keep going on and on with their story to make sure it's a good one.... yeah.... ;-)

                    anywho: CONGRATS LARRY!!!! your always going to find people who try to pick apart everything and turn it into a negative, find something to bring you down... keep your blinders on! your story is awesome and nothing more than that! ENJOY!!!! :-)

                    • 6 votes
                    #2.33 - Thu Nov 29, 2012 8:43 PM EST

                    @Amie and @Democrat From KY - Dave didn't say you were lazy or white trash and I didn't see an attack coming from him at all. He simply stated his opinion about taking accountability for your life and he gave examples from his own life to show what he meant. You are the ones that are attacking him for his opinion. Calling him a scumbag because he thinks the guy should pay his bills....really??? Is that what our society has come to? He articulated exactly the issue he has with this situation...the fact that the guy took out a loan that he can no longer pay for but yet he is spending his money on gambling. What is always intruiging to me is that liberals think all conservatives are evil, rich, greedy scumbags. Most of us simply believe you should work for what you have and you should take accountability for your life. If you take out a loan, you know what you are getting into.....you should expect to pay it back. I don't know either of you or your lives...you likely pay all your bills and do the right thing. I comend you for that if that is the case....and I hate to speak for Dave , but he and I wouldn't have any issue with you buying lottery tickets with your "discretionary" money if that is the case. We are not evil people....we just want people to be accountable for their actions. We are and we expect the rest of society to do the same....I am not a rich evil scumbag banker either....I was raised by a single mother that still lives below poverty....I went to college and got an education in the IT field. Now I make a decent living, but it was because I worked hard for it....not because I expected someone else to pay for it. I don't blame those that have become successful for my "misfortunes". In my heart, I know that if I wanted to start the business I really want to start I wouldn't be on this board posting, I would be working. I am making that decision though. When I had $2 to spend in college I made sure I had some more Ramen noodles to eat....I didn't buy lottery tickets with that money because I was broke most of the time and I knew what my priorites were. I would challenge you guys to think that maybe that the converatives in the world aren't out to get you....we just want everyone to do what we see as being right. Buying lottery tickets with money that you owe someone else is not right in our minds. If that is ok in your mind so be it, but we should be allowed to have a different opinion without being attacked. We are simply explaining our viewpoint.

                    • 1 vote
                    #2.34 - Thu Nov 29, 2012 9:03 PM EST

                    i apologize. on top of missing where lucky larry spoke that he planned on not paying to get his house out of foreclosure i must have also missed, "sickofpolitics2", where i called dave a scumbag.

                    i also must have missed where a happy story about a a seemingly good man who won the lottery, turned into a politics blog.

                    again, my bad.

                    once agan,CONGRATS LARRY! enjoy!!! i love your story!! :-)

                    • 6 votes
                    #2.35 - Thu Nov 29, 2012 9:29 PM EST

                    I think its great that he is only thinking about going to Red Lobster for dinner.Ignore all of the negative comments and enjoy your new wealth with your family and friends.

                    • 5 votes
                    #2.36 - Thu Nov 29, 2012 10:12 PM EST

                    Its really nice to hear about someone winning money that really needs it! Congratulations Larry

                    • 4 votes
                    #2.37 - Thu Nov 29, 2012 10:32 PM EST

                    Dave, I don't gamble and I really dislike that lotteries even exist. Yet, I know that a few bucks will not save a home, so I think your totally off the mark. Sometimes when your so far down, you can't get up and you have to let go.

                    You filed bankruptcy, so did you pay all your creditor back when you regained balance? I'm sure not.

                    • 1 vote
                    #2.38 - Thu Nov 29, 2012 10:55 PM EST

                    Gotta love the American financial plan - financially insolvent but can afford lottery tickets.

                      #2.39 - Thu Nov 29, 2012 11:54 PM EST

                      What does two bucks buy you today? A $1,000,000.00 dollar winning lottery ticket. Good for you my man!

                      frick all the negative post, at least one of the 1% didn't win,

                      • 2 votes
                      #2.40 - Fri Nov 30, 2012 12:27 AM EST

                      Lady Luck smiled on Larry, and the best part is that he's got the sense to hire a financial advisor.

                      Congrats, Larry!

                      • 2 votes
                      #2.41 - Fri Nov 30, 2012 6:54 AM EST
                      Comment author avatarDiane Culp-Schnellvia Facebook

                      @Annie-322924--- um did you read the article carefully? It stated that he was going to take his "gf" to Red Lobster, it just might be that it was the first place that came to mind and that she enjoys their food! (gag) SMDHO that ppl like you have to be critical and take the time out to weigh in, instead of just being happy for the winner (also he will only get half of a million or less which does not stretch far in these bs times)

                        #2.42 - Tue Dec 4, 2012 6:49 PM EST
                        Reply

                        Congratulations, enjoy the money! Tony, even people who are poor and broke like to still be able to dream... My guess is the $2.00 he spent wouldn't have helped him save his house!

                        • 55 votes
                        Reply#4 - Thu Nov 29, 2012 3:00 PM EST

                        That's exactly what I said. People are aloud to still have hopes and dreams regardless of their financial status.

                        • 5 votes
                        #4.1 - Thu Nov 29, 2012 5:29 PM EST

                        I keep my dreams quiet.

                        • 1 vote
                        #4.2 - Thu Nov 29, 2012 5:47 PM EST

                        My guess is the $2.00 he spent wouldn't have helped him save his house!

                        Do you really think that this was the only lottery ticket he ever bought? If so, why isn't he bragging about the odds of that? Do you really think that he was only behind on his house payments?

                          #4.3 - Thu Nov 29, 2012 11:57 PM EST

                          now that he's one of those out of touch rich people, he should pay more taxes besides the winning ticket taxes

                            #4.4 - Fri Nov 30, 2012 4:05 AM EST
                            Reply

                            Congratulations you are now a job creator!

                            • 9 votes
                            Reply#5 - Thu Nov 29, 2012 3:00 PM EST
                            Comment author avatarGov't Reform NowExpand Comment Comment collapsed by the community

                            Yeah, he can create jobs much better now than 535 Congressmen and a libtard of a president.

                            • 15 votes
                            #5.1 - Thu Nov 29, 2012 3:12 PM EST

                            Actually all consumers are job creators. We spend money, companies need people to make and sell the products and or services.

                            Being rich doesn't make you a job creator.

                            @RightWingNut69 <-- First let me applaud you for your completely juvenile screen name. Bravo.

                            Secondly, calling your president a retard is yet another sign of your arrogance and immaturity.

                            I don't even have to say a thing to prove you wrong. Your screen name and comments automatically disqualify you from being at the deep end of the gene pool...

                            Good luck in life. You'll need it.

                            • 19 votes
                            #5.2 - Thu Nov 29, 2012 3:15 PM EST

                            Hehehehe! Perfect Christian-lots of numbers. Like this story, you made me smile and I didn't even have to spend $2 for that joy. Thanks! :)

                            • 5 votes
                            #5.3 - Thu Nov 29, 2012 3:31 PM EST

                            I'm a registered Republican leaning to Libertarian politically, but I, too, agree that whoever WE elect as our President deserves a modicum of respect....and that includes President Bush AND President Obama...and all those before and after. Using derisive nicknames for our presidents---like using foul language---says a lot about the imagination and self-respect of the speaker.

                            • 12 votes
                            #5.4 - Thu Nov 29, 2012 5:13 PM EST

                            whoever WE elect as our President deserves a modicum of respect....

                            Respect is earned not awarded. Just because a person is able to win a popularity contest does not mean that they have earned respect. Different people have different standards for respect - some have high standards and others have exceptionally low standards.

                            • 2 votes
                            #5.5 - Fri Nov 30, 2012 12:01 AM EST

                            So winning the popular vote, and a land slide in the electoral, means he the POTUS has no repsect, your point is ludicrous !

                            • 2 votes
                            #5.6 - Fri Nov 30, 2012 12:31 AM EST
                            Reply

                            Enjoy!!! Congrats!!! Please take the daughter and girlfriend to Disney World!!!!

                            • 13 votes
                            Reply#6 - Thu Nov 29, 2012 3:00 PM EST

                            It's the people that go blow a chitload of money at tourist traps like Disney - that are dead broke in a couple years and are left wondering - "What happened?"

                            A million - after taxes - isn't 'that' much. Best to pay off the mortgage, perhaps a new work truck and invest in working for himself as he sounds like he has a decent trade.

                            • 15 votes
                            #6.2 - Thu Nov 29, 2012 3:15 PM EST

                            Actually Pork Chop -- you are wrong ... at least partly.

                            Almost EVERY financial planner will say to big winners "budget some fun". That could be a new car, a trip, anything reasonable they really dream about. Usually the "fun" is about 5-10 percent of the win ... depending upon the size the prize and debt load of the person.

                            But let's say he has a 250,000 house in foreclosure. He comes home with about $750,000, pays off his mortgage, gives his daughter $100,000 for college, puts $250,000 away for retirement. That still leaves $150,000 for other things. Take 10 percent of just what's left, and that's easily a trip to Disney World ... and/or Europe too for that matter.

                            • 3 votes
                            #6.3 - Thu Nov 29, 2012 5:04 PM EST

                            Sorry Beth, if you think he will get 750k of the million you need to learn some math.. if he takes it lump sum he will probably get around $600-650k, they don't give you the full million unless you take it over 30 years. After taxes, which will be 35% fed and whatever state taxes depending on your state, you will usually pay 45-50% total, so he will take home at least $300k, maybe as much as $400k. Lottery winnings are taxed as income. If he hires someone to help manage, he will pay out at least a few grand to that person.

                            So if he takes 10%, he has 30-40k to blow. One simple car will do that, and one two week trip to Disneyworld with a few nice meals for him, his daughter, his mom, and his girlfriend will eat that up as well. Not exactly living the life of luxury, $40k can go far faster than you can imagine. So lets say he has $350k left after all that.. Chances are if he is working as an electrician, even at all, he can afford a $200-250k house mortgage payment which is only going to be a ~$1600-1800 payment even if he was on a bad loan. So he probably owns a $400k+ home, which means he can't just pay it off. On top of that, if he is putting money away for his daughter to go to school, at the least he should put away $40k.. A good community college will cost that these days, and a university out of state will be 4-10 times more.. So he can put a good chunk away for her, or he can use a third of what he has left to guarantee she will have the option of paying for college with it. Let's say his idea of "helping mom" is the max gift he can give without paying taxes, so he can give about $13k to her. At best he has $200k left after all this, which is a lot of money, but probably enough to get him out of debt with the bank and pay the house down enough to sell it at a loss and get out from it, leaving him little to nothing, but hopefully enough to put a down payment on a house he can afford.

                            I am speculating a lot here, but the fact is, when you start talking houses and college, a million dollar lottery win before taxes is NOT going to be much. I think of the movie "Let it Ride" with Richard Dreyfuss.. He wins big and grabs a sheet of paper.. starts ticking off his debts.. diamond necklace for the wife, some credit cards, his car, his house and he frowns and says "I'm broke"..

                            Sadly, now that it is announced to the world that he won a million, he will be inundated by "friends" and strangers for handouts, preyed on by people looking to help him "invest", and probably won't ever be able to go to a dinner or for drinks with friends without having to pay "You won a million dollars and you can't buy a buddy a round of drinks?!?"

                            I wouldn't complain about winning a million, but at best it would pay off my house and allow me to help my kids with college, and maybe even allow me to buy a nice car, which would all be great because without a mortgage I would have a lot of financial freedom, but it wouldn't allow me to retire or even change to a job that is more satisfying that pays less. If I were smart it would help me to retire before 72, but not much else would change.. Now winning the 575 million would be a totally different story..

                            • 1 vote
                            #6.4 - Thu Nov 29, 2012 6:56 PM EST

                            Being in the mtg. business this is one one the best feel good news stories I've seen or read in a very long time!!! If anyone comes up with negative B.S. on this they neeed to look at where they are at...Good for you and make the best of it!!!

                            • 3 votes
                            #6.5 - Thu Nov 29, 2012 10:30 PM EST

                            DaveK, He won the Million Dollar prize, that is not a lump sum or annuity option. That is a one time, million dollar prize. The only prize that has those options is the JACKPOT. So with that being said he will take home after taxes probably a little under $600K after taxes, not before, which no is not enough to retire on, and if broken down would come out to 20k a year over 30 years... so think you should check your math again and do a little more research on the story and how the lottery system works.

                            I think it is a great story, that a guy that really needed the money got it, and I am sure without having to come out and tell you that he his going to pay off the house that is in foreclosure that he will do that because he does sound like an honest hard working person, and pretty sure the financial advisor he hires would advise him to do so.

                              #6.8 - Wed Dec 5, 2012 11:58 AM EST
                              Reply

                              Good for him. But he needs to be careful because there will be a ton of scam artists coming out of the woodwork, trying to separate him from some or all of that money.

                              • 10 votes
                              Reply#7 - Thu Nov 29, 2012 3:03 PM EST
                              Reply

                              Even if I was totally destitute and had two bucks to spare, why not! Look at the ROI! (Now maybe he can get a new favorite hat!)

                              • 10 votes
                              Reply#8 - Thu Nov 29, 2012 3:04 PM EST

                              Congrats!

                              ...and please, give me a break. He spent $2. I can find that much under the couch cushions. If spending some loose change is a "bad financial decision," then I guess we all make them every single day.

                              • 18 votes
                              #9 - Thu Nov 29, 2012 3:04 PM EST

                              How do you know he spent $2?

                              How do you know he didn't buy $5,000 worth of tickets and we're reading about the one ticket that won?

                              • 2 votes
                              #9.1 - Thu Nov 29, 2012 3:27 PM EST

                              Nevada,

                              and if he spent $5000.00, so what? It amazes me how people like to tell people how to spend their own money, just as the poster who was telling him how much to put in government bonds and how much to put in dividend producing stocks.

                              As long as the guy isn't on my dime (welfare) I don't give a rat's rear how he spends it.

                              And - Congratulations!

                              • 16 votes
                              #9.2 - Thu Nov 29, 2012 3:41 PM EST

                              If you ever want to take out a loan---this man is on your dime. Foreclosure will drive up the costs for borrowers.

                                #9.3 - Thu Nov 29, 2012 4:19 PM EST

                                We are all on each others dimes if we owe even a penny to anything. Stay classy Karen.

                                • 6 votes
                                #9.4 - Thu Nov 29, 2012 4:33 PM EST

                                Congrats to this guy. It's great that your life has changed in a split second. Usually when life changes in a split second, its not for the good.

                                • 5 votes
                                #9.5 - Thu Nov 29, 2012 5:06 PM EST

                                While technically, all borrowers are "on each others' dimes", the difference is that some of us make sure we pay back the dimes we borrow....that's the big disctinction here.

                                • 3 votes
                                #9.6 - Thu Nov 29, 2012 5:22 PM EST

                                Nevada-Actually, you can find a pretty good clue that he most likely just bought one ticket(maybe 1-5 or $10 worth) when he said he used his own numbers. I realize there are people in the world who have a lot of time to waste...some of them are commenting on this thread; however, I highly doubt he sat there picking his own numbers 2500 times. My guess is that he bought no more than five...although I'll stretch as far as 10. If you buy a lot, you're MUCH more likely to take those quick picks. Anyway, good for him! Congrats on a very Merry Christmas this year for him. I wish him the best in his future!!!

                                • 3 votes
                                #9.7 - Thu Nov 29, 2012 5:35 PM EST

                                Congrations on your win !!!!! You seem like a very deserving person. Enjoy your good fortune and give thanks to God for blessing you.

                                • 3 votes
                                #9.8 - Thu Nov 29, 2012 5:55 PM EST

                                If he owed YOU the money, and you had exhausted ALL channels to get paid, you would probably think differently here. As I said above though, the sad truth is that people feel that if it is a bank, financial institution, large company, or the government, then the debt doesn't really matter to them so it shouldn't matter if he had money he COULD have payed the bank but gambled instead. To win a million, over a million people had to spend $2 on a lottery ticket, and 999,999 of them didn't win anything.

                                If this guy doesn't pay back what he owes and gets a free ride from his debt while taking his winnings and spending it on himself and his family, he is the lowest form of scum on this planet. Last I checked when you take something that you don't pay for, you are a thief. Just because he gives back the thing he took (his house) after failing to make the payments he agreed to make, doesn't make it all better when the house is no longer worth what he owes.

                                If you sell a car to a buddy and agree to take payments, and he stops paying you after a while, and you find out that he is gambling what money he DOES have, would you be OK with it? If you then found out he won a LOT and was going to spend the money on other things first, would you be OK with it? If he gave you back the car, all banged up and a year later when the value of the car is substantially lower, does it make it all OK? Anyone here who says yes, I would like to borrow some money from you, and trust me, I will pay it back *wink wink*.

                                • 1 vote
                                #9.9 - Thu Nov 29, 2012 7:12 PM EST

                                Dave,

                                I didn't see any indication that he trashed the house that he was unable to make payments on.

                                It could very well be worth more than he owes on it.

                                Do you have some personal knowledge of his particular situation?

                                • 3 votes
                                #9.10 - Thu Nov 29, 2012 7:43 PM EST

                                @DaveK,

                                Does someone owe you some money?? I think you should stop posting on this site immediately and find that person , and demand your money before you have a stroke!

                                I would never sell my friend my car and expect them to still make payments on the car. If they want the car they should buy it outright. Did you do this type of deal? Is this why you are so bent out of shape about a man spending $2 on a lotto ticket?? If he owes anyone any money I'm sure they can handle their own business and talk to him.

                                As for the accruing debt of this country...This country has been in debt since its inception. All this talk abbout debt is for naught. The debt will never be paid off. But once you collect your money from your "friend" maybe you can apply that money to the U.S. debt.

                                Thanks for doing your part ... ;-)

                                  #9.11 - Thu Nov 29, 2012 8:01 PM EST

                                  I am glad he won that money, an average Joe so to speak. My question is, he is a union electrician, they get annuities, savings, and not to mention a great paycheck.. excellent earning potential is just an add on bonus. Why is he in foreclosure?

                                    #9.12 - Thu Nov 29, 2012 9:08 PM EST

                                    @sometimeinlove - If you had a friend that had fallen on hard times and you had an extra car that you didn't drive, you won't sell them the car and have them make payments if that would help them out? That doesn't sound like a friend to me, but you are entitled to live your life however you see fit. That is one of the great things about this country, but at the same time, we don't have to agree with your mindset. I would help a friend in need. But I would expect them to pay me back per the agreement. Same goes for me taking out a loan with my bank. Do I hate paying the interest, sure....but I understand the contract that I am agreeing to. That is what we have a problem with.

                                    As for the US debt...how can you justify the out of control debt increases that are going to destory our country with the, "But the guy before did it too" response? This isn't a game of monopoly....China is eventually going to stop buying the US debt and when we can't pay back our creditors, what do you think is going to happen? All great civilizations in history have come to and end at some point....unless the US gets back on track soon, we are likely going to be the next victim.

                                      #9.13 - Thu Nov 29, 2012 9:26 PM EST

                                      Really???!!!! Red Lobster?? Try a classier restaurant. You won a million dollars for Christ's sake. Nothing screams white trash more than someone winning the lottery and going to Red Lobster. 'Hey! I won a million dollars! Let's go to Red Lobster'--said no one EVER!!!

                                      • 1 vote
                                      #9.14 - Thu Nov 29, 2012 10:27 PM EST

                                      Sorry for my duplicate comments, my computer wasn't posting the initial one I made (or so I thought).

                                        #9.15 - Thu Nov 29, 2012 11:07 PM EST

                                        Dave,
                                        Your attitude is such a Debby Downer. If I had an extra car sitting around and my friend needed it, I would give it to them. YES, free and clear. I don't loan money to friends, I give it to them. If I can not afford to give it to them then I would say I'm sorry, but I don't have it. I gave a co-worker money for his sister's funeral. Should I have made it a loan???

                                        • 1 vote
                                        #9.16 - Thu Nov 29, 2012 11:36 PM EST
                                        Reply

                                        Invest that money and let it work for you so you can start working for yourself.

                                        • 6 votes
                                        Reply#10 - Thu Nov 29, 2012 3:05 PM EST

                                        Congratulations Mr. Chandler. Yea it wasn't the big payout but 1 million isn't nothing to sneeze at :^)

                                        • 13 votes
                                        Reply#11 - Thu Nov 29, 2012 3:07 PM EST

                                        Good for him! Enjoy!

                                        • 11 votes
                                        Reply#12 - Thu Nov 29, 2012 3:08 PM EST

                                        Congratulations, Buddy. Enjoy your windfall. Smart move hiring a financial adviser, but a culinary adviser would tell you that there are better restaurants than "Dead Lobster".

                                        Tony - stuff it. Sounds like you're just PO'd that you didn't win it.

                                        • 12 votes
                                        Reply#13 - Thu Nov 29, 2012 3:09 PM EST

                                        Congrats, you lucky bastard!! Wish it was me.

                                          Reply#14 - Thu Nov 29, 2012 3:10 PM EST

                                          @tony...Have you never been in a deli or any store where the sell lottery? You would then know it is 90% people spending the money that they sold their food stamps for tickets. A lot of people down on their luck buy lottery tickets. It's a dollor (or many dollars) and a dream.

                                          Congrats to Larry the electrician who is down on his luck like a lot of my blue collar hard working friends!

                                          • 4 votes
                                          Reply#15 - Thu Nov 29, 2012 3:11 PM EST

                                          And all that "food stamp" money comes right out of my pocket in the form of taxes. Why do you think that is socially acceptable? It's this type of irresponsibilty that is destroying the very fabric of our country...

                                          • 1 vote
                                          #15.1 - Thu Nov 29, 2012 5:27 PM EST

                                          SickOfPolitics,

                                          Yes, the food stamp money comes out of our pockets. It is not the fault of the Lotto or the guy that won. It's the fault of the system that provides food stamps to too many people who don't actually need it to feed their families.

                                          • 1 vote
                                          #15.2 - Thu Nov 29, 2012 8:11 PM EST

                                          @Laura - I agree with you...it's another mismanged government program gone awry. However, your mindset on whose "fault" it is should be pretty alarming to everyone. For someone to willing take something just because they can goes against everything I stand for. Personally, I would be too proud to take food stamps when I knew I didn't need them. I lived in college on next to nothing and took loans (that I have since repaid with interest) to get by. Was it hard? You bet! But the thought of government assitance never crossed my mind. I worked a full time job at nights for min wage to pay my bills, but at the end of the day I went home with my head held high and proud of the life and the decisions I made....I never "stole" (ie...food stamps, etc.) from you the taxpayer "just because I could".

                                          • 1 vote
                                          #15.3 - Thu Nov 29, 2012 9:40 PM EST

                                          Sick of Politics,

                                          Blah Blah Blah, I'm so great, Blah Blah Blah. Get over yourself. I had cancer, and worked seventy hour weeks to stay afloat. Your not the only one who has sacrificed to meet a goal. By the way, since you like to play the "smarty pants" how come you suffered during college? I never ate roman noodles. I guess, I'm smarter than you?

                                          • 1 vote
                                          #15.4 - Thu Nov 29, 2012 11:43 PM EST

                                          I'm the one that said I was great? I simply stated I was too proud to take food stamps off the backs of hard working individuals like yourself just because I was "allowed" to do so. Since you are the one claming to be "smarter" than me, does that now make you a hypocrite? Likely not in your twisted, "I'm so great" mind!

                                          • 2 votes
                                          #15.5 - Fri Nov 30, 2012 10:05 AM EST
                                          Reply

                                          Congrats buddy! I bet the mortgage company will work with you now to restructure that loan no matter how crappy your credit is :)

                                          • 7 votes
                                          Reply#16 - Thu Nov 29, 2012 3:13 PM EST

                                          CONGRATS Mr. Chandler !! Be smart with it !

                                          • 8 votes
                                          Reply#17 - Thu Nov 29, 2012 3:13 PM EST

                                          Good for him. About time somone who really needs the money finally gets a prize. Enjoy.

                                          • 13 votes
                                          Reply#18 - Thu Nov 29, 2012 3:17 PM EST

                                          I agree. It is nice to see someone down on their luck wins.

                                          • 11 votes
                                          #18.1 - Thu Nov 29, 2012 3:40 PM EST
                                          Reply

                                          He sounds like he was glued to the tv last night watching the numbers. Can you believe the howls that guy would be making watching those numbers come up - IN ORDER - and the big "OOOOOOOOOOO" when he missed the powerball?! But then the HUGE relief of quickly realizing that was A MILLION DOLLARS!?!!!

                                          • 10 votes
                                          Reply#19 - Thu Nov 29, 2012 3:17 PM EST

                                          Congratulations Tony! Everyone no matter how down on their luck still needs to dream. I'm glad yours came true. Watch out for the scam artists and stay as private as you can.

                                          • 6 votes
                                          Reply#20 - Thu Nov 29, 2012 3:18 PM EST

                                          TYPO..big time!! I meant Mr. Chandler NOT Tony the Grinch!

                                          • 4 votes
                                          Reply#21 - Thu Nov 29, 2012 3:19 PM EST

                                          What, no mention of him trying to get his home OUT of foreclosure?

                                          A million dollars sounds like a huge sum of money but when you factor taxes in to it, it won't provide an oppulent lifestyle for very long.

                                          • 4 votes
                                          Reply#22 - Thu Nov 29, 2012 3:20 PM EST

                                          You would think he would pay off his house and all other debts and use this as a fresh start that so many of us need. If I won a million bucks, Red Lobster is not where I'd go unless it was the Red Lobster in the Bahamas!

                                          • 5 votes
                                          #22.1 - Thu Nov 29, 2012 3:24 PM EST

                                          That's the reason for the money men, to help him manage his "windfall". Good luck to all of them.

                                          • 2 votes
                                          #22.2 - Thu Nov 29, 2012 3:28 PM EST

                                          It won't provide an "oppulent" lifestyle at all, but if he's smart, he'll make it last.

                                          • 1 vote
                                          #22.3 - Thu Nov 29, 2012 4:35 PM EST

                                          Congratulations to you, Mr. Chandler, on scoring such an amazing holiday blessing!

                                          And to everyone harping about the missing mention of payment on his foreclosed home, the first thing he said he's going to do is hire a financial advisor, and I have faith that the first thing the financial advisor is going to do is help him save his home. Best wishes for you, Larry. I pray you find the wisdom to do what's best for you and your family.

                                            #22.4 - Sun Dec 2, 2012 7:43 AM EST
                                            Reply

                                            A person truly in need of the money. Good for him.

                                            • 2 votes
                                            Reply#23 - Thu Nov 29, 2012 3:23 PM EST

                                            Congrats Larry!! Situations like yours help further the idea that something bigger is at work.

                                            • 5 votes
                                            Reply#24 - Thu Nov 29, 2012 3:25 PM EST

                                            So happy for anyone who wins! Especially someone in financial trouble! Congratulations! As for Tony...be ashamed.

                                            • 10 votes
                                            Reply#25 - Thu Nov 29, 2012 3:27 PM EST

                                            Good for this guy. Hope he continues to work and keep his job, because a million bucks won't last a lifetime these days. Very happy for him. One for the regular guys!

                                            • 14 votes
                                            Reply#26 - Thu Nov 29, 2012 3:27 PM EST
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