A riches-to-rags story in the making...

The three Connecticut investment managers who shared the winnings of a record $254 million Powerball lottery don’t really need the money. They say they are giving a pile of it to Connecticut charities, which is good but the rich (as of late going by the epithet "the 1%") always seem to be doing it too much. If I were to run into huge amounts of money, I would not follow that kind but cliche and possibly dangerous example. It's not often I have any advice to give to the 1%, but especially in our uncertain economic climate, you could do with that extra money. Sure you've got lots on you now, but the cost of living has risen over time (according to this inflation calculator, something that cost $1 30 years ago would cost $3.79 now.) People who make regular donations to charity should cut out or at least cut back on the amount they're donating, and use the extra money for just in case the economy turns into a repeat of Chernobyl. You might come off as a bit of a scrooge, but in these tough times, the nice guys WILL finish last.