Here are the dumbest lottery winners in history!
Abraham Shakespeare The fact that someone with the last name Shakespeare would live a modern day tragedy, is perhaps, one of the best ironies imaginable, however unfortunate. Unlike the more famous Shakespeare, Abraham was toiling as a truck driver’s assistant. But when he won a THIRTY MILLION DOLLAR Florida jackpot in 2006, his life actually got even worse. Rather than doing the math and deep diving into discounted cash flows, Shakespeare decided he was smart and could beat the guaranteed rate presented to him and instead opted for a lump sum of $16.9 million, significantly less than the $30 million annuity he was entitled to.
Never mind the fact that he’s a truck driver and if he was actually good at finance he’d be in the industry. ANYWAYS, after buying a Rolex and making major mistake #1 with $1 million home, Shakespeare didn’t seem to go on any drug binges, or spending sprees. But like many before him, he had tons of people coming around asking for money. In particular, he started a business with a woman named Dee Dee Morgan called Abraham Shakespeare LLC, with the goal of writing his life story...or something vague like that Casinoslots South Africa.
Just a tip guys, you have to have accomplished something in life to sell an interesting story…...not just win the lottery. What ended up happening was that Moore took full control of the firm’s money, withdrawing $1 million from the bank, buying cars and may have even managed to buy Shakespeare’s home for something like $665,000...which is less than he paid for it. A later investigation suggested she didn’t even pay anything for the house...which is way more of a ripoff! Oh yeah, tip #2. Never ever ever ever let someone else control your actual money!
I don’t care if it’s your wife or husband. Unsecured liabilities, such as a company credit card with a fixed limit? Sure.
But not your actual cash money. By April of 2009 he went missing, with his friends and family unable to find any trace of him. Investigators were soon able to locate him at one of Moore’s homes...sadly he was bread and buried under a concrete slab. Moore was arrested and charged with the killing, though she offered up a few different defenses. It was drug dealers...no wait she killed him in self defense...she even went so far as to blame her 14-year old son.
Investigators didn’t buy any of that, and she was charged with the crime. She’s currently serving a life sentence. His story was featured on E!’s “The Curse of the Lottery” as well as an episode of American Greed. In the end, Abraham Shakespeare will be a tragedy that will hopefully serve as a cautionary tale for those who happen upon a great fortune in the future.
Vivian Nicholson In 1961, a British woman named Vivian Nicholson was given the opportunity of a lifetime. Her husband Keith managed to win more than 3.5 million pounds, a pretty big amount back then factoring in inflation. Her husband won the money off football pools….pretty much another popular form of gambling.
She told the press that her plans were to “spend spend spend.” And she wasn’t kidding. For the next few years she bought all kinds of stuff. Expensive cars, fur coats, lavish vacations, a huge ranch style home and a spectacular lifestyle that quickly caused their fortune to dwindle.
When Keith flied in car crash in 1965 she was left with an enormous tax bill. On the top of that, the banks determined that what remained of Keith’s winnings belonged to his estate...not Viv! She ended up bankrupt. After the loss of her husband, Viv allegedly became depressed and started to drink a lot of booze, though she later became sober. She would go on to marry three more times, work a short stint in a strip club, become a Jehovah's witness, and write an Autobiography entitled Spend Spend Spend, which was later adapted into a musical. After seeing it, she gave it a rather neutral review, stating the musical score and actors were great, but that it didn’t reflect her life all that well.
When she passed away in 2015, there were many things one could say about her 79 years on earth. That she had a boring life wasn’t one of them. Hey, you know what, I bet there was never a dull moment with her, no matter how bad her life decision were.
Willie Hurt There’s a number of ways to blow through a massive fortune. One of the most popular being, quite literally “blowing” through it...if you catch my drift. In 1989, the family man from Lansing, Michigan won $3.1 million from the lottery.
The next two years however, proved be a nightmare for Hurt and those close to him. Before he could even collect all of his winnings, he was filing for divorce, separated from his kids, and spending all of his money on crack cocaine. By 1991 he was charged for murder when he allegedly shot his girlfriend in the head during a 48-hour drug binge, which is exactly what you’re not supposed to do to someone, regardless of how much money you have. Money doesn’t change people, which is something I’ll agree with, but it certainly enables them to scale up their terrible life decisions!
Every college student has that one class that he or she cannot get the hang of. You might be struggling with your software developer courses, history courses, language courses, English courses, or whatever else you are taking at this time. No matter what your schedule looks like, you should be able to find some sort of tutor or essay writer that will work with you to understand the materials. You just have to know where to look at what to look for. Here are some tips to help you find a good tutor so you can get through college with your head on straight.
How to Find a Good Tutor
A good tutor is going to be someone who has a lot of experience in a subject. This person may already have a degree in the subject, or he may just know a lot about it to begin with. If you can manage to find someone with a background in teaching, he or she will provide the ideal solution for you. Otherwise, you may have to just look for people on campus or online who can help you out. Don’t be afraid to work with someone over the internet, as that may be a more convenient option for both of you. As long as you get the studying help you need for school, the venue for your tutoring should not matter.
You may ask your professors about suggestions for your tutor because they might know of someone who can help you out. If they don’t, they may at least be able to hook you up with a learning center so you can start testing out your tutoring options. You could ask your friends for suggestions as well and see if any of them have good experiences with a tutor from their past. If so, you will just need to get some contact information and start looking for your perfect educational match. There is someone out there to work with. You just have to make an effort to find him or her.
What You Might Pay for Tutoring Services
In some rare instances, you may be able to snag some tutoring for free. This is usually the case when a teacher’s assistant runs a quick study session before a big exam. If you need more help than that, you need to be prepared to pay for it. The rates you might have to pay will vary from one tutor to the next, so you may just have to explore your options. Here is a look at the average pay rates for tutoring services nowadays:
Average Rates by Years of Experience
Average Rates by Location
You may be able to save some money with group tutoring sessions, but that will limit the amount of questions you can ask. Test the field a little bit, and hopefully you will be able to avoid a bad experience in college.
If you have a busy schedule, you may find it impossible to study for your college courses. Working in a study break may be impossible, but it is something you have to do if you want to get through college. Time management always becomes an issue in the midst of chaos, but it is something that you can learn to work around with the right motivation. Before you give up on school altogether, you may just want to learn how to squeeze in your studies where you can. The tips below should help you do just that.
Take Online Courses
Online classes usually have really flexible schedules, so you can study for them when you actually have the time. That does not mean that you can push all of your class work to the end of the week. It just means that you can make time for class whenever you don’t have to work or go to some sort of event. My husband and I work online, so we are actually able to schedule both our jobs and our class work around whatever else is going on in our lives. This is a great setup and one that you should really look into in the future.
Study before Bed
If you take 10 or 20 minutes a night to study for your classes, you will have a much easier time remembering information when you need to take a test or do an assignment. Your mind remembers information a lot better when you sleep because it does not have any distractions. It can just process whatever you read and retain it for use in the future. It is a lot easier to study in short spurts like this than it is to study over long periods of time. Just about everyone can sacrifice 20 minutes before bed. Get in the habit of studying before you go to sleep, and you should find yourself in a much better place come test day.
Study in Chunks
Try to break your studies into small chunks of information. Then you can work in each chunk whenever you get the chance. For instance, you may break up a chapter by page or by subheadings. You may break up a set of vocab words in sets of 10. If you just focus on chunks of information, you will have an easier time retaining what you read because you won’t have to digest as much. It is the same theory as memorizing one phone number at a time, not the phone book. See what I mean? Chunking information makes memorization a lot easier, so give it a try and see what you think.
Having a busy schedule can be a struggle sometimes, but it is something that you will eventually learn to deal with. My husband and I have balanced school, marriage, and business ownership at the same time before, and we’re still alive to talk about it. The key to this whole process is to know what time frame you have to work with and then do whatever it takes to use that effectively. If you can work efficiently and study efficiently, you will be set for life.
PS: I find that making a schedule early on in the week allows me to stay on track a lot easier. Try to make a study plan as soon as possible so you can get a lot done with a busy schedule.
Whenever people find out I take my classes online (and work from home, too) they usually ask something like, "Do you have to be really disciplined?" That's a legitimate question. Going to a traditional school in person can seem easier because you have to be somewhere at a specific time or else you might not pass. There's some accountability there that seems to be missing in online classes.
If you've ever pursued a degree over the internet, you know that not showing up for class discussions has exactly the same consequences as at traditional schools. Fail to log in or submit a paper or comment on enough students' discussion posts and you will have just wasted a lot of money and damaged your GPA. It takes a different sort of discipline to do well in online classes.
Here are six ways to stay on top of your game.
1) Become One with your master calendar
To be a successful online student you need a master calendar that knows your schedule better than you do. Choose a format that works for you with hourly slots for you to get super detailed, or a big desk calendar that you can scribble on. Fail to update your calendar and you can kiss your balanced life goodbye. Put everything on there! Hair appointments! Assignments! Vacations, study sessions, coffee dates, everything! Commit to nothing without first checking with your master calendar.
2) Plug the syllabus into your calendar
As soon as the syllabus is available, go through the dates of assignments and plug them into your master calendar. Of course you'll need to mark the big assignments. Most classes have mini-deadlines within the school week. If you need to post to the discussion board before the third day of class each week, put that on the calendar, too.
3) Play to your strengths
To be your own boss, you have to recognize your strengths as a student and as a worker. What time of the day are you the most clear-headed. Schedule study time around your natural highs and lows. Choose to do easier work when you have a shorter attention span.
4) Connect with other online students
Working on an online degree can feel somewhat isolated. Stay motivated by connecting with your classmates, professors, advisors and anyone else who is pursuing an online degree. Speaking with them about assignments or just the general online college experience will keep you motivated. It may even inspire some competitiveness that will push you to study harder.
5) Don't work till the break of dawn
It can be tempting to tell yourself you're going to pull an all-nighter. But let's face it, you're not nineteen anymore. Not only do you need your sleep, but you don't have the time to crash for five hours after you take your test in the morning. You've got more responsibilities now then when you were in college. Don't push your studying off till it's late and say that you'll stay up all night doing it. Force yourself to complete things during normal working hours or before bedtime.
6) Remember, the last one is a rotten egg
Most classes are set up around discussion boards. Post your thoughts on the assigned reading and comment on what your classmates had to say. No big deal right? Sometime the simplicity of this task makes it a ripe target for procrastination. But wait to long to post and you'll miss the entire conversation. If you post after everyone else you have such a slim chance of anyone commenting on your ideas. If your post doesn't start a conversation then it's almost not worth it, because it's in those conversations that you really learn the material.
Excited for the semester to start. Hope I can practice what I preach!