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…The lottery doesn’t have to make you poor?

Brad Duke

Brad Duke, a lucky lottery winner from Idaho, didn’t do what most lottery winners do, spending money as fast as they can until the well runs dry. Instead, Brad Duke set his sites higher. He decided that he wanted to use his $85 million lump sum payment to become a billionaire. Instead of Ferraris and mansions, Brad bought a used VW Jetta, retired his $125,000 mortgage, repaid his student loans, and put the remaining 80 million into low and high risk investments. CNN Money sat down with Brad to discuss his decisions, and judging by his responses, I’d say that he is among the few lottery winners that have their heads screwed on straight.

[CNN Money – Brad Duke]

[Via: Buzz Patrol]