Lotteries

Remembering People on the Other Side of the Economic Table

Don McNay | Posted 02.12.2012

Read More: Lotteries, Christmas, Mitt Romney, Addiction, Cincinnati, Don McNay, Joe McNay, Gambling, Homeless, Personal Finance, Casinos, Business News
Don McNay

As dad was dishing out food to homeless people, he was approached by a nun "What do you do for a living?" "I'm a gambler," replied my father. "Joe, this is the first time we ever had a gambler on THIS side of the table." Problem gambling has pushed a lot of people into poverty.

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Should States Raise Revenues by Expanding Legal Gambling?

Dana Radcliffe | Posted 10.30.2011

Read More: Taxes, Casinos, Political News, Internet Gambling, Online Gambling, Lotteries, Legalization, Politics News
Dana Radcliffe

Many officials around the country are convinced that a dire fiscal situation warrants legalizing forms of gambling now barred in their states. Does it?

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LeBron and the Entourage

Don McNay | Posted 08.14.2011

Read More: Richmond Kentucky, Darren Rovell, Lotteries, Dallas Mavericks, West Virginia, Kentucky, Miami Heats, Don McNay, Basketball, Jack Whitaker, Powerball Jack, CNBC.Com, Cnbc, Sports, Cleveland, Vanderbilt University, Nba, Million Dollar Round Table, Hangers On, American College, Posse, Lottery Winners, LeBron James, Sales, Branding, Marketing, Personal Finance, Sports News
Don McNay

A real friend would tell a guy like LeBron James that he is really messing up his image and his brand. But his yes-men entourage never will. They don't want to get kicked off the gravy train.

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Legalized Internet Gambling in Washington, DC? What a Con.

Edward Ugel | Posted 06.15.2011

Read More: Addiction, Internet Gambling, Gambling, Washington Post, Lotteries, Politics News
Edward Ugel

Knowing just how broke the city is, the layman might think this plan is sound -- if not ingenious. But to those of us who know a thing or two about state sponsored gambling, this is going to be hell for DC residents.

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Eva Peron Wins: The Pretension of a 'Savings Lottery'

Steve Clemons | Posted 05.25.2011

Read More: Savings Lottery, New America Foundation, National Savings, Lotteries, Eva Peron, Budget, Unbanked, Debt Politics, Peter Orszag, Reid Cramer, Savings, Ray Boshara, Barack Obama, Politics News
Steve Clemons

Suggesting that America's savings problem be solved by establishing an Eva Peron-style lottery incentivizing those with little to save doesn't understand the dynamics at play in the American economy today.

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Byron Crawford, Bard of the Backroads

Don McNay | Posted 05.25.2011

Read More: McNay Settlement Group, Structured Settlement, Msfs, Kentucky Journalism Hall of Fame, Million Dollar Round Table., Lotteries, Chfc, Richmond Kentucky, Andy Griffith, John Mellencamp, Patrick Henry Hughes, Books, Kentucky, Don McNay, Elvis Presley, What to Do When You Win the Lottery, Clu, Oprah Winfrey, Louisville, Elvis, Extreme Home Makeover, Eric Crawford, Kentucky Footnotes, Courier Journal, Louisville Courier Journal, Rural Journalism, Son of a Son of a Gambler, Byron Crawford, Cssc, Lexington, Waky, Books News
Don McNay

Crawford's new book, Kentucky Footnotes, appears to be anthology of some his most interesting columns from his 29 years as an award-winning columnist. It's more than that.

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All the Devils Are Here: Best Business Book of the Year

Don McNay | Posted 05.25.2011

Read More: Bethany McLean, Gary Rivlin, Broke USA, Andrew Ross Sorkin, Financial Crisis, Joe Nocera, Wall Street, Nocera Mclean, All the Devils Are Here, Joe Nocera All the Devils Are Here, Henry Paulson, Hank Paulson, Vanderbilt, The Fed, Aig, Goldman Sachs, Cnbc, Gregory Zuckerman, American College, McNay Settlement Group, Lotteries, Books, Too Big to Fail, Vanity Fair, Kentucky, Fannie Mae, Don McNay, Michael Lewis, Fortune Magazine, Jim Cramer, Structured Settlements, Million Dollar Round Table, Eastern Kentucky University, Personal Finance, Roger Lowenstein, Business News
Don McNay

McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.

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Be First in Your Age Group to Embrace Technology

Don McNay | Posted 05.25.2011

Read More: Bureaucracies, Iphone, Kentucky Guardianship Administrators, Universal Broadband, Winners, Economy, Bailouts, Att, American Pie, Texting, Gadgets, Senior Citizens, Driving Miss Daisy, Apple, Daisy Werthan, Technology, Lexington, Boolie Werthan, Personal Finance, Drunk Drivers, Google, McNay Settlement Group, Trial Lawyers, Msfs, Baby Boomers, Lotteries, Chfc, Land Line Phone, Kentucky, Don McNay, Video Conferencing, www.mcnay.com, Automated Cars, Ipad, Don McLean, Structured Settlements, Clu, Louisville, Vanderbilt University, Losers and What to Do When You Win the Lottery, Million Dollar Round Table, Son of a Son of a Gambler, Eastern Kentucky University, Computer Nerds, New York Times, Cssc, Google Car, Pda, Technology News
Don McNay

The New York Times recently had a fascinating article about a car that Google is working on that can drive itself. I want one.

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Money and the Magic Pill

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Community Banks, Medical Professionals, Bailouts, Millonaire Next Door, Diet, Magic Pill, Lexington KY, Richmond Ky, Move Your Money Campaign, Budgets, Wall Street, Lottery Winners, Personal Finance, McNay Settlement Group, Msfs, Lotteries, Dr. Thomas Stanley, Good Time Charlie's Got the Blues, Chfc, Healthy Lifestyle, Too Big to Fail Banks, Move Your Money, Kentucky, Don McNay, Vanderbilt Universtiy, Main Street, Structured Settlements, Clu, Dave Ramsey, Credit Cards, Wall Street Bailouts, Suzi Orman, Eastern Kentucky University, Get Rich Quickly, Banks, Million Dollar Round Table, Certified Structured Settlement Consultant, Doctors, Cssc, Jefferson Airplane, Credit Unions, Business News
Don McNay

Right now, the top six "too big to fail" banks control about 70% of the wealth in America. Here's how we can all change that.

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Betting on a 2010 Kentucky Derby Winner

Don McNay | Posted 05.25.2011

Read More: Sunday Silence, Gulfstream Park, Peter Asch, Kentucky Derby, Investment Style, Cincinnati, Richard Quandi, Kentucky Guardianship Administrators LLC, Chfc, Derby, 2010 Kentucky Derby, Goldman Sachs, Big Money, Racetrack Betting, Richmond Ky, Caddilac, Betting, Louisville, Conservative Investing Style, Kentucky, Lexington, American College, Personal Finance, McNay Settlement Group, Lottery, Lotteries, Don McNay, Pink Flowers, Race Track Betting, Winners, Arthur Hancock III, Structured Settlements, Sports, Losers and What to Do When You Win the Lottery, Professional Gambling, Townes Van Zandt, Vanderbilt University, Horse Breeding, Msfs, Clu, Million Dollar Round Table, Eastern Kentucky University, Son of a Son of a Gambler, Banks, Keeneland, Cssc, Mortgage-Backed Securities, Rolling Stones, Horse Racing, Newport Ky, Citigroup, Sports News
Don McNay

Each year, I write a column on Derby Day, and if you have followed my advice, you have lost a lot of money. The large fields at the Kentucky Derby throw logic out the window. Still, the betting system I tour is a good one.

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With Public Schools a Mess, We Can't Wait for Superman

Blaise Nutter | Posted 05.25.2011

Read More: Public Schools, Davis Guggenheim, Teachers Union, An Inconvenient Truth, Waiting for Superman, Education Reform, Al Gore, Lotteries, Students, Academic Performance, Education, Impact News
Blaise Nutter

Davis Guggenheim's new film, Waiting For Superman, is both a searing indictment of our education system and a desperate call-to-action to save our struggling schools.

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Children Getting Too Much Money, Too Soon

Don McNay | Posted 05.25.2011

Read More: Met Life, Children With Money, Children's Health Insurance, Chartered Financial Consultant, Addictions, Inheritance Tax, Inheritance, Financial Planning, Lottery Winners, McNay Settlement Group, Cpa, Megamillions, Juvenile Justice, Guardianship, Son of a Son of a Gambler, Million Dollar Round Table, Banks, Chartered LIfe Underwriter, Powerball, Underage Drinking, Merrill Lynch, Lotteries, Don McNay, Aaj, Bob Dylan, Structured Settlements, Guardianships, Business News
Don McNay

Many young people who blow their money look back and wish they had a second chance to do it right.

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Happiness in the Post-Shopping Economy

Don McNay | Posted 05.25.2011

Read More: Lobbyists, Addictions, Bailouts, Consumer Spending, Wall Street Lobbyists, Big Money, Economic Recovery, McNay Settlement Group, Citigroup, 12 Steps, Civic Activities, Congress, New York Times Poll, Clu, Low Carb, Michael Pollan, Louisville, New Economy, Cooking, Washington, Main Street, Rehab, Bank of America, Dieting, Structured Settlement, Lotteries, Facebook, Religion, Credit Cards, Dining Out, Food Inc, Wall Street, Wall Street Bailouts, Tax Refund Anticipation Loans, Control of Life, New York Times, Cssc, Too Big to Fail, Business News
Don McNay

My late mother used shopping as a hobby. If she were still alive, I wonder if she would be looking for something else to occupy her time. It seems many Americans are.

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Just Say "No" to Adult Children Wanting Money

Don McNay | Posted 05.25.2011

Read More: Iphone, Kentucky Guardianship Administrators, Children, Cspan, Addictions, Big Money, Roger Ailes, Bad Luck, Parenthood, Reagan, Cnbc, Injury Settlements, Lexington KY, 401k, Richmond Ky, Morning in America, Ncaa Basketball, Strippers, McNay Settlement Group, Inheritances, Rumeal Robinson, Tough Love, Bankruptcy, Retirement, Retired and Broke, Medical Expenses, Fox Business News, Clu, Just Say No, Soldiers, Enabling, The American College, Million Dollar Round Table, College Tuition, Foreclosures, Ambition, Helen Ford, Frontline, Special Needs Children, John Prine, Miami News Times, Ohio University, Budgeting, Msnbc, Failure to Launch, Financial Crisis, Aarp, Senior Citizen Bankruptcy, Personal Finance, Newsweek, Balanced Life, Msfs, Borrowing Money, Lotteries, Chfc, Foster Children, Kentucky, Don McNay, NBA Basketball, www.mcnay.com, Structured Settlements, www.donmcnay.com, Mortgage, Vanderbilt University, Eastern Kentucky University, Fox News, University of Michigan, Afghanistan, Mooching, Cssc, Caddilac, Business News
Don McNay

You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.

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Video of What To Do When You Win the Lottery

Don McNay | Posted 05.25.2011

Read More: Reality Television, Wtvq, Ohio Lottery, Structured Settlement Consultant, Cbs, Powerball, Fox Business Network, Jack Whitaker, Tlc, Megamillion, Gambling, Cnbc, West Virginia Lottery, Lexington KY, Scratch Off Lottery Ticket, Lexington, Personal Finance, Casinos, Msfs, Abc, What to Do When You Win the Lottery, Lotteries, Chfc, Lottery Winner, Kentucky, Nbc, Don McNay, Wlw, Clu, Whas, Greg Stotelmyer, Louisville, Vanderbilt University, Kentucky Lottery, Eastern Kentucky University, Certified Structured Settlement Consultant, Cssc, Sports Betting, Wymt, abc36, Wlex, Wkyt, Business News
Don McNay

This video of Greg Stotelmyer of ABC36 in Lexington, Ky interviewing Don McNay, author of Son of a Son of a Gambler: What To Do When You Win The Lo...

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Like Lottery Winners, Pro Athletes Also Blow Big Money

Don McNay | Posted 05.25.2011

Read More: National Basketball Association, Small Business, National Football League, Aerosmith, Yogi Berra, Tom Leach, Jack Whitaker, Carlito's Way, Strip Clubs, Investment Advisors, Weight Loss Counselor, Cnbc, Richmond Ky, Sports Agents, Nba, Financial Crisis, Substance Abuse, Financial Planning, Entourage, Lottery Winners, Personal Finance, McNay Settlement Group, Bankruptcy, Lotteries, Powerball, Players Unions, Kentucky, Don McNay, Nfl, Fox Business News, Clu, Structured Settlements, Dave Ramsey, Sports Illustrated, Cnn, Espn, Vanderbilt University, The American College, Major League Baseball, Banking, Million Dollar Round Table, Eastern Kentucky University, Attraction to Celebrities, University of Kentucky, Certified Structured Settlement Consultant, University of Kentucky Wildcats, Posse, Business News
Don McNay

Even as a structured settlement consultant, I was stunned to learn that within two years of retirement, 78 percent of NFL players are bankrupt or under financial stress.

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Free and The Search for Economic Innovation

Don McNay | Posted 05.25.2011

Read More: Lawyers, Small Business, Sales, Professional Services, Smoking, Service Providers, Washington, Political Consulting, Political Polling, Brownsville Station, Main Street, Entrepreneurs, Psychology, Chris Anderson, The Long Tail, China, Economic Wellness, Wellness, Tavern, Financial Services, Doctors in China, Financial Crisis, Reversible Business Models, Quitting Smoking, Rock and Roll Bands, Technology, Richmond, Lottery Winners, Personal Finance, CD Baby, Trial Lawyers, McNay Settlement Group, Msfs, Structured Settlement, Bars, Lotteries, Chfc, Economic Crisis, Free, Kentucky, Gym, Don McNay, Ky, Clu, Structured Settlements, Wired Magazine, Gym in Denmark, Wall Street, Vanderbilt University, Amercian College, Eastern Kentucky University, Million Dollar Round Table, Certified Structured Settlement Consultant, Cssc, Denmark, Wired, Derek Strivers, Business News
Don McNay

As we look at life after the financial crisis, we need to turn traditional thinking on its head. Picking up a copy of Chris Anderson's Free is a good place to start.

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Powerball Jack and the Wall Street Bailout

Don McNay | Posted 05.25.2011

Read More: John Thain Decorator, John Thain, Wall Street Bailout, West Virginia, Main Street, Powerball Winner, Immediate Annuities, Jack Whitaker, Wv, Gambling, Merrill Lynch, Private Jets, Hurricane West Virginia, Kentucky, Wall Street Bonuses, Lexington KY, Personal Finance, Casinos, Lottery, Toliets, Annuities, Lotteries, Powerball, Lottery Winner, Charleston, Aig, Don McNay, Structured Settlements, Wall Street, Citigroup Bailout, Annuity, Citigroup, Business News
Don McNay

If the people on Wall Street knew that no one would ever be there to bail them out, ever again, they would be less inclined to gamble with instruments they don't really understand.

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States Selling Addiction: "Why Not? We Need the Money!"

Stanton Peele | Posted 05.25.2011

Read More: New York Lottery, Tobacco Companies, Kathleen Sebelius, Smoking, Addiction, Mega Millions, Gambling, Kansas Legislature, New Jersey Legislature, State Lotteries, Pick 3, Pick 4, Tobacco Settlement, Gambling Casinos, Horse Racing, Sports Betting, Legalizing Marijuana, Tom Ammiano, Lotteries, Home News
Stanton Peele

Our financial and emotional needs now dictate that state governments sedate their citizens, while picking their pockets, from California to Kansas to the Mid-Atlantic.

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Lottery Sales Up In Recession

AP | JUANITA COUSINS | Posted 05.25.2011

Read More: Lottery, State Lotterys, Lotteries, Lotteries Recession, Lottery Recession, Massachusetts Lottery, Business News

NASHVILLE, Tenn. — Even in these tough economic times, many people are feeling lucky. More than half of all states with lotteries have reported...

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