iPhone app iPad app Android phone app Android tablet app

What to Do When You Win the Lottery

Do You Play The Lottery? (POLL)

Posted 11.30.2012 | MarloThomas

(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = ...

Lottery Winner May Have Helped Woman Steal Car

The Huffington Post | Katherine Bindley | Posted 06.12.2012 | Home

Back in March, when John Ross Jr. won the California lottery's "Set for Life" scratch-off game, which promises $70,000 after taxes every year for the ...

Mega Millions Lottery: Someone's Gotta Win (If It's You, Read This)

Don McNay | Posted 06.02.2012 | Home
Don McNay

I wrote a book called Son of a Son of a Gambler: Winners, Losers and What to Do When You Win the Lottery. Whenever a jackpot hits record highs, like the Mega Millions lottery did last week, the book climbs to the top of the Amazon charts. I can boil down my advice to five points.

Elvis and the Definition of Happiness

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

"I believe the key to happiness is someone to love, something to do, and something to look forward to." -Elvis Presley The King had it right. If...

Ashley Judd and the Quest for Perfection

Don McNay | Posted 06.23.2011 | Books
Don McNay

Ashley Judd appears to have a perfect life, and being the sibling of a perfect child can be tough. Just like Wynonna, I have a problem with food.

Wisdom From a Wealth Wizard

Don McNay | Posted 06.09.2011 | Business
Don McNay

I've spent nearly 30 years around the financial business. I've known a lot of "paper gurus" who can talk a decent game but really don't practice what they preach.

The Person We Should Be Moving Our Money to

Don McNay | Posted 05.28.2011 | Business
Don McNay

Over 4 million people moved their money from Wall Street Banks in 2010, according to Sara Ackerman, project coordinator for Move Your Money. I bought...

Keeneland: The Book

Don McNay | Posted 05.25.2011 | Sports
Don McNay

Just give me one more crack at the ol' race track -The Mills Brothers As the son of a professional gambler, I spent a lot of my childhood at race t...

Are You Working Towards Your Dream?

Don McNay | Posted 05.25.2011 | Business
Don McNay

As a structured settlement consultant, I ask every person the same question. "Forget about what is going on today. If you won the lottery, what would you spend the money on?"

The Opening Round in the Battle to Implement Health Care Reform

Don McNay | Posted 05.25.2011 | Business
Don McNay

A recent battle in my home state of Kentucky gives a good preview of how the national battle to implement health care reform is going to go -- kicking and screaming.

UPDATED: What to Do if You Win the Mega Million Jackpot & can you stay anonymous

Don McNay | Posted 05.25.2011 | Business
Don McNay

You would think that after having overcome trillion-to-one odds, the idea of running through the money would seem silly to most lottery winners. But 90 percent of people do just that within five years of winning the jackpot.

Bill Collectors Communicating With the Dead

Don McNay | Posted 05.25.2011 | Business
Don McNay

The Wall Street Journal posted a story about Portfolio Recovery Associates, one of the nation's largest debt collectors, using the signature of a woman named Martha Kunkle, who died in 1995.

Byron Crawford, Bard of the Backroads

Don McNay | Posted 05.25.2011 | Books
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.

Josh Hamilton, Pete Rose and the Power of Redemption

Don McNay | Posted 05.25.2011 | Sports
Don McNay

Amazing Grace, how sweet the sound, That saved a wretch like me. John Newton Before he played in his first major league baseball game in 2007, I ...

Bailouts Don't Work: The Lotto Winners Study

Don McNay | Posted 05.25.2011 | Business
Don McNay

You can see why bailouts fail. Wall Street and lottery winners have a common bond. They have access to easy money without restraints.

The Hangover From America's Bailout Party (VIDEO)

Don McNay | Posted 05.25.2011 | Business
Don McNay

For a decade, Wall Street was playing funny money games, and many Americans also felt like they were invited to the celebration. We were living in fantasy land, but the fantasy is over and we woke up to a nightmare.

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

Citi Field: Baseball's Symbol of Why You Should Move Your Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

Houston was able to find a stadium sponsor to replace Enron. A city as big as New York should be able to find a sponsor for the Mets' field that is not funded by the American taxpayers.

On Winning the Lottery, "Sin City" & "Big Money"

Don McNay | Posted 05.25.2011 | Business
Don McNay

Don McNay has been on a book tour, promoting his book, Son of a Son of a Gambler: Winners, Losers, and What to Do When You Win the Lottery. In a ...

Lottery Ticket Screw-Up Wins Clerk $250K

AP | Posted 05.25.2011 | Impact

NEW LEXINGTON, Ohio — An Ohio store clerk's mistake when printing a Mega Millions lottery ticket has won her $250,000. Naomi Mauller forgot to a...

Goldman Sachs: Too Big For Jail?

Don McNay | Posted 05.25.2011 | Business
Don McNay

Just because the SEC filed a lawsuit, it doesn't mean they will win. Goldman Sachs could easily prevail. Before we start breaking out the champagne, let's look at what is actually going on.

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Books
Don McNay

Gary Rivlan notes in his book, Broke USA, "the working poor have become big business." You wouldn't think that poor people would be a growth market, but businesses make big money off people who live paycheck to paycheck.

What Are We Going to Do About Gambling Addicts?

Don McNay | Posted 05.25.2011 | Business
Don McNay

My solution to gambling addiction would be same one that seems to be helping keep track of sexual predators: A national registry. If widely shared, such a list could prevent addicts from any legalized gambling.

The "Don't Ever Give Up" Business Plan

Don McNay | Posted 05.25.2011 | Business
Don McNay

Seth Godin, who has helped thousands of entrepreneurs be productive, says that business people never realize that with a little bit of push, they can move past a seeming dead end and reach business success. I hope that is true in my case.

Money, Sex and Hot (Broke) Messes

Don McNay | Posted 05.25.2011 | Business
Don McNay

People looking to solve financial problems are also looking for empathy. Instead, the message they often receive from books about money is "I'm OK and you're an idiot."