So I am reading something on CNN and catch this link. I decide to click on it and see how this guy blew his money! Start reading and get to the bullet list thinking this guys got some smarts! the BAM! the dude wins $220 mill and buys a 2002 VW Jetta. Holy Shit, this man’s got some serious loyalty. He could have a Lamborghini Gallardo, Bugatti Veyron, Porsche Carrera GT, the new Audi R8…and still keep it in the family.

Here’s how one lucky winner spent his new-found fortune.
FORTUNE Magazine
By Ellen Florian Kratz, Fortune writer
February 28 2007: 7:46 AM EST
(Fortune Magazine) — Brad Duke, 34, a manager for five Gold’s Gym franchises in Idaho, pocketed a lump sum of $85 million after winning a $220 million Powerball jackpot in 2005. He spent the first month of his new life assembling a team of financial advisors. His goal: to use his winnings to become a billionaire. Here’s what Duke has done with his money so far.
- $45 million: Safe, low-risk investments such as municipal bonds
- $35 million: Aggressive investments like oil and gas and real estate
- $1.3 million: A family foundation
- $63,000: A trip to Tahiti with 17 friends
- $125,000: Mortgage retired on his 1,400-square-foot house
- $18,000: Student-loan repayment
- $65,000: New bicycles, including a $12,000 BMC road bike
- $14,500: A used black VW Jetta
- $12,000: Annual gift to each family member
You had to have treated yourself to something.
I bought bicycles. I’m probably own upward of 17 bikes. I also bought a 2002 Jetta. I gave my 2005 Jetta to my nephew. So it’s the exact same car except for his is white and mine is black.
You had a newer car that you gave to your nephew and you bought an older car?
That’s correct. I wanted a black VW Jetta with a black interior. Believe it or not, those are really hard to find. I went to the local dealership and had them track one down for me. They had to go to Texas to get it. It fit my bicycle rack really well.
How a lottery winner spends his multi-million-dollar jackpot
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