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A Fool and His New Money Are Soon Parted: Difference between revisions

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A Fool and His New Money Are Soon Parted (view source)

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== Real Life ==
* There are many stories where real people, after winning the lottery, have lost all of their money and are completely broke in a short time. Unlike on TV, there is rarely if ever a [[Reset Button]].
** To name just one example: [[http://en.wikipedia.org/wiki/Michael_Carroll_<!-- 28lottery_winner29%28lottery_winner%29 Michael Carroll]], the self-proclaimed "[[LowerClassLoutLower Class Lout|king of the chavs]]". A rubbish collector who won £9.7m in a lottery in 2002, he continued to have run-ins with the law, and spent his winnings like it grew on trees. By 2010, he had filed for bankruptcy and gone back to his old job, but has expressed no regrets about how he spent the lot. -->
** Many stories of people who lose everything they won in the lottery usually stems from the fact that the sudden wealth overwhelms them and they start to spend everything, not realizing that even several million dollars is not infinite. What's worse, some of them get so caught up the fever that they blow through not only their lottery winnings, but all their original savings as well.
* The documentary Reversal of Fortune involved giving a homeless man $100,000 in cash and seeing what he did with it. It was gone within 6 months, and indeed he wound up in even worse financial shape then he was before.
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[[Category:Plots]]
[[Category:A Fool And His New Money Are Soon Parted]]
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