Thursday, January 14, 2016

If the winners of the lotto are locals, their status will take a very big turn.

This is from Chino Hills, California website (click here).

I hope the winners are getting good advise. There is a trend with the Lotto winners proving to loss of their winnings in a short period of time.

I can't help but think the advise these folks are getting is very bad advise.

At a time when advancing from the middle class to the wealthy is rather difficult, these winnings can change the life of the winners and their children. I think the Lotto organizers have an obligation to help the winners find competent advise.


To the right is Munford, Tennessee. (click here)

I think this is very exciting for these folks and the winning sale.

Munford's demographic is a little odd. What happened to its teenage population?

The majority are middle class to upper middle class over $60 K and under $100 K. These folks work for a living and earn a salary. 

Other than that dip in teen population the demographics are fairly equal. I find that low population of teens a bit a concern. That dip in population among the teens which is a five year span, also carries through to early twenty somethings.

The good news is there are more babies and early adolescents. They are five year spans as well. 

The other city with a winner is Melbourne, Florida. There is a major private university in that town.

January 14, 2016
By Stephanie Allen


But that's the best piece of advice Florida's first Powerball jackpot winner can give.
Dr. William A. Steele, an Orlando-area dermatologist, won a $189 million prize in October 2009 and has since kept fairly quiet about his winnings.
Until Thursday, when he offered some advice to the mystery Publix shopper who snagged a piece of Wednesday's record-shattering $1.6 billion Powerball jackpot....

Melbourne Beach is definitely middle class.
Melbourne Beach (click here) is a town in Brevard County Florida.  It is located at latitude 28.068N and longitude of 80.56W in the Eastern Standard Time (EST) zone.  The Town of Melbourne Beach is approximately 10ft. above sea level.  The US Census declares that the current population of Melbourne Beach as of April 1, 2015 is 3,078 with a median income of $57,035 annually.


The largest demographic (click here) are married couples without children.

This is really nice. The middle class is where most of the tickets are sold, at least in these three communities. I would think most of these folks would be overwhelmed with the idea of enormous wealth overnight. They need really good advise.