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The Ramsey Show Highlights

I’ve Been Holding On to a $22 Million Secret

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 9 October 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Today's episode features Dave Ramsey & Dr. John Delony. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today. John, in quotes,

0:08.3

that's not his real name in other words, from Louisville, Kentucky, not his real place, in quotes.

0:14.0

Big secret call coming in. So, John, what's your question? Yes, sir. Well, about two years ago, I won one of those multi-state lottery drawings with a group of coworkers.

0:27.7

And I haven't told anyone besides my wife and besides one sibling, no one knows.

0:35.7

How much?

0:36.1

My question for you, after taxes, it was about $22 million.

0:41.4

Holy crap.

0:43.1

Holy crap is the century.

0:46.8

Yeah.

0:47.2

How old are you? It was a lot. I'm edging up on about 50 years old.

0:52.9

Okay. Okay. And so you haven't told anyone and I've got

0:57.5

some guesses but why well the first thing I did when when I found out that a won was

1:04.7

was research and it said you know that you get to read all those one in five people lose

1:10.1

their lottery winnings or go bankrupt within 10 years.

1:13.4

And one of the things they all said was you tell too many people and you get too many people at your door asking for this, that, and the other thing, asking for handouts and expecting you to pay for everything.

1:22.7

So my wife and I made a conscious decision just to kind of keep it under wraps.

1:28.3

And it's kind of, we've kept keeping it under wraps.

1:32.6

We haven't even told our two teenage children.

1:35.4

And now I know that sounds strange, but we just don't want them to grow up to be waiters, you know, waiting for us to die.

1:44.5

So they can get our money.

1:49.0

That's fantastic, man.

1:51.2

I love it.

...

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