Tag Archives: wealth

So You Want to Win the Lottery?

All that glittersI’d love to have a bucket full of money come my way. Wouldn’t you? Every day, it seems, I watch people clog the checkout at QuikTrip as they agonize over their Lottery ticket purchases or gleefully collect the $25 they “earned” after buying $50 in tickets. (And they typically give that “winning” back for more tickets.)

In case you’re tempted by the lure of easy money, consider the fates of 21 Lottery winners who wound up being Lottery losers. This one is typical.

David Lee Edwards split a $280 million Powerball jackpot with three others, a win that came while he was unemployed and living in his parents’ basement. After taxes, he received a lump sum of $27 million. He bought a $600,000 house, a $1 million fleet of cars, a $78,000 watch, a $1.9 million jet, 200 swords and other medieval weapons, and a $4.5 million fiber-optics installation company. He also married a woman 19 years younger than he was.

Within a year, he had spent $12 million. The house was soon lost to foreclosure, his wife was arrested for stabbing a boyfriend, and David died at age 58 in 2013.

A jet and 200 swords? Wow. Beware of what you hope for. Jesus warned his followers about the lure of wealth: “No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money” (Luke 16:13). In my experience, when we serve God, the money, though not in epic quantities, will come along for the ride.