ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / PERSONAL FINANCE

Lottery winner cleverly hides $30 million jackpot from his wife and child so they don't become lazy

The man dressed in a cartoon costume during the cheque presentation ceremony to protect his identity.
PUBLISHED SEP 20, 2024
Cover image source: Getty Images | wera Rodsawang
Cover image source: Getty Images | wera Rodsawang

Winning a lottery seems like walking into a brand new life. While many use the newfound wealth to set up a business and achieve greater things, going bankrupt after winning a lottery is also not unheard of. This is why you may be able to understand why this man decided to keep his lottery win a secret and not tell even his wife. 



 

The southern China resident decided to keep his 219 million yuan ($29.9 million) lottery jackpot a secret from his wife and child saying that he is worried that the winnings might make their family lazy and that they may refuse to work. "I didn’t tell my wife and child for fear that they would be too complacent and would not work or work hard in the future," the man told the Nanning Evening News.

After learning that he had won, he took a train to Nanning and went to the Guangxi Welfare Lottery Distribution Centre. "I slept in the hotel during those two days. I did not go outside that weekend because I did not want to lose my tickets," he said at the time, via South China Morning Post.

Image Source: A customer purchases a lottery ticket | Photo by Brandon Bell/Getty Images
Representative Image : Photo by Brandon Bell
| Getty Images

 After claiming the price, the man reportedly donated 5 million yuan to charity and said he hadn’t decided what to do with the rest, around 171.6 million yuan, or around $29 million. The man had bought the ticket from a shop in Litang, a town of some 120,000 people just east of the regional capital of Nanning. Just a day after his win, he drove to the bigger city to present the ticket at the lottery headquarters.  

The reports further mentioned how he dressed in a cartoon costume during the cheque presentation ceremony, which was just a creative way to protect his identity. "I have not told my wife or kid. I am concerned that they might feel superior to other people and will not work or study hard in the future," he said. 

Representative Image Source: Getty Images | 	kool99
Representative Image: Getty Images | kool99

According to the South China Morning Post, he has been buying lottery tickets for over a decade. "I regard buying the lottery as a hobby, and my family does not care. Plus, I do not spend much money on it, and the lottery provides a ray of hope for me," he said, Via SCMP.

Despite keeping the big win from his wife, he is considering a joint asset between the married couple, as per Jiupai news, via SCMP. A lawyer from Hena Zejin Law Firm said that the lottery winner may be violating the Chinese Marriage Law by "infringing on his wife’s right to know."

China's central government runs lotteries to raise money for welfare as well as sports. Players in Guangxi typically pick six numbers on red balls and one blue ball. As per reports, this time the winning numbers were one he’d been playing years: 2, 15, 19, 26, 27, 29, and 2.

MORE ON MARKET REALIST
The woman also raised questions about the lack of transparency while listing out the spices used.
16 hours ago
The content creator was told to produce a death certificate as evidence to get membership transferred.
1 day ago
Some vintage items may be good for reselling but others could end up being more expensive.
Dec 2, 2024
The woman also urged people to refrain from abusing the policy and only return products when they are damaged.
Nov 28, 2024
Viewers were hooked to her probe and were eagerly waiting for an update about the cash.
Nov 27, 2024
There are many other codes that can indicate a number of situations and are used so that customers don't panic.
Nov 26, 2024
Scammers are coming up with new ways to make their communication via social media or email.
Nov 25, 2024
The bill with a printing error could multiply in value if it grabs collectors' attention.
Nov 23, 2024
While there could be millions of such pairs out there, only nine sets have been found so far.
Nov 21, 2024
The creator theorizes that the local wealth of the households influences how the stores look.
Nov 17, 2024
The tiny home was so easy to set up that the three friends didn't even have to read the instructions.
Nov 17, 2024
Apart from the rent, there are other factors to consider before deciding how livable a city is.
Nov 17, 2024
The winner had to pay federal, state and city taxes before taking home whatever was left of her winnings.
Nov 16, 2024
The agent was lauded for noticing and following the instructions left by the user in a creative way.
Nov 12, 2024
The TikToker pulled up a bill from two years ago using the reorder option on the app.
Nov 12, 2024
Apart from Club memberships, Plus memberships with added perks are also available at discounted prices.
Nov 11, 2024
When she initially reached out to Costco, they did not help her recover the amount.
Nov 10, 2024
Users have argued that there's more to EV owning costs than what a motorist pays for electricity.
Nov 10, 2024
Ageism also involves older colleagues being prejudiced against young professionals at the workplace.
Nov 9, 2024
The fluctuating value of cryptocurrencies is also becoming an issue for splitting the assets.
Nov 9, 2024