He Invested His Teenage Son’s Lottery Winnings, but When He Wanted to Keep the Profits, His Wife Accused Him of Stealing From Their Children

A man recently asked for some advice after his wife told him he should split his investment money with his sons rather than keep it for himself. Here’s what happened.

He bought them all lottery tickets

Winning The Lottery And Disappearing
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One night, while buying cigarettes, a man impulsively decided to buy his wife (Wilhelma, 40) and sons (Sam, 17, and Scott, 16) a lottery ticket each. It was just for fun, and he didn’t expect anything to come of it.

They had a discussion

Respects Your Family And Friends
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When he got home, his family was so excited that they all sat around for a long time, talking about what they would do if they won.

He told them to save and share

Ask for Rent if You Need It, but Don’t Try To Teach Your Kids a Lesson
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The man joined in, but he had some firm ideas. He said, “I specifically told my kids that they would have to share their winnings, and they would have to put it away for college first and foremost.”

They had a winning ticket

man lottery
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Against all odds, Sam’s ticket actually won. The man had to claim the prize because of the boy’s age, but after taxes, they ended up with $60,000.

They splurged a little

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Although most of the money had to be put aside for college, the man said the family could have a little fun. They bought a game console and a family vacation to Disney World.

Sam wanted a car

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A few years later, Sam asked for some of the money to buy a car. The man said, “Wilhelma was pretty tired of chauffeuring them around anyway, so I agreed and spent ‘his’ $4,000 on a car.”

He had invested the money

Ability To Invest Your Money
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The man’s was a shrewd investor on a decent wage, so none of the things they bought actually came from the winnings—he spent his own money on them and left the $60,000 to accumulate profit.

He never told them

Inability To Share Their Feelings
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Although Wilhelma knew that the man had invested some of the winnings, she didn’t know how much or how successfully. The kids had no idea.

They needed a plan

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When Sam wanted to go to college, they wanted to work out how to ensure his $30,000 share of the winnings could cover four years.

She spotted something

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The man said, “While looking at the portfolio, Wilhelma noticed it was at $100,000 and asked how. I told her I invested the $60,000 and it had grown. She then asked why we were only giving Sam $30,000 when it should be $50,000.”

He said the money was his

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The man said that the extra $40,000 was his because he’d invested wisely, so he should keep it for himself. After all, they’d only ever talked about sharing the initial prize money for college.

He wanted to retire early

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The man said, “If the boys NEED the money, it’s there, but if not, I’m gonna eventually retire a little early with it.”

She said he was stealing

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Wilhelma was not impressed. She told the man she was stealing from their children and that he should share the extra as well. He asked the internet for their opinion.

The internet responded

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One person said, “That’s completely fair and reasonable. You get something, your kids get a headstart, and you all got a vacation. Just an all-around fair way of handling things.”

But another person commented, “You stole your son’s money and plan to retire early with it.”

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