Wednesday, September 29, 2010
Ernest Pullen, a 57-year old Missouri man, won $1 million in a lottery in June and this month he won $2 million in a second lottery. Needless to say, the odds of winning either are astronomical, about 1 in 2.28 million, while the chances of winning both cannot even be calculated because they are independent games, so let's just say that Mr. Pullen is very, very lucky.
He quit his job after the first win but claims that he will continue to purchase lottery tickets. I am always amused by people who win millions and proclaim that it won't change them in any way and that they will continue to work as garbage collectors until they are old enough for Social Security.
Mr. Pullen, who took the cash payment instead of the annuity for both wins, received $700,000 for the first and about $1.3 million for the second, before taxes. Maybe he could win a third lottery to pay the taxes on the other two wins. He plans to use the money to fix up his new lakeside house. That's a lot of fixing, but it's good to have a project. He's probably not a golfer.
I am intrigued by the fact that six years ago, he dreamed of winning a lot of money, but didn't feel that the dream was "complete" after winning the first lottery. It probably is now, but what would I know? I have never won more than $2 in a lottery and gave up buying tickets long ago because I got tired of never winning. I guess most of us are just meant to earn our own money and I'm ok with the concept because lotteries are capricious and I'm a control freak. But I am delighted to see someone beat the odds, and hope Pullen enjoys his new wealth and does good things with it.