What Life Is Like After Winning the Lottery

The financial crisis and downturn in real estate turned out to be an invaluable learning opportunity for this Powerball winner.

(Image credit: © SHAWN GUST)

Then:

Brad Duke (pictured at left) appeared in our April 2007 issue, two years after winning a $220 million Powerball jackpot (he chose the lump sum over the annuity, netting about $85 million after taxes). Duke, then 34, shared his goal of expanding his fortune to $1 billion over the next 10 to 13 years, primarily by investing in real estate. He was still working at Gold’s Gym and still living in the same house in Star, Idaho, that he lived in before buying his magic ticket.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here

Elizabeth Leary
Contributing Editor, Kiplinger's Personal Finance
Elizabeth Leary (née Ody) first joined Kiplinger in 2006 as a reporter, and has held various positions on staff and as a contributor in the years since. Her writing has also appeared in Barron's, BloombergBusinessweek, The Washington Post and other outlets.