By Practical-Ant-1379 • Score: 18 • April 27, 2025 1:22 PM
Hi Guys,
I am 23, male and currently have a high 5 figure paying software job. Recently I won a lottery of 3 million, but got only 2.28 (all hail taxes). But I didn't disclose this information to anyone including my family and girlfriend.
I don't know if I want to disclose this info, my parents collectively have around 1 million debt. They tried to open a second hand car sales showroom and failed, they had kept our house as collateral and got the loan, because of the business failure they made a lot of outside banks debt, our house was auctioned off to clear bank loans and yet they still have around a million in debt. They are now renting in a small 1 bedroom loft and I am sharing a room with another person.
As soon as I won, my mind instinctively thought about not informing my parents, I can easily clear the loan and can even buy a good house for ourselves, but I don't know why I am feeling like that would be a bad idea. May be because I resent my parents for loosing the house or because I had to give up on my Baseball carrier and had to start looking for jobs to support family.
Coming to my girlfriend, we have been dating only for 3 months so I don't know if this is something long term. Also can someone guide me in future if everything goes well how to approach the fact that I have millions in my account and had to hide it from you.
I am always greatful for my parents for paying 1 year of the college fee, rest I got a merit based scholarship and had to work part time to pay the rest.
I am feeling guilty for not sharing this money with my parents but I am also excited for what amazing things I can accomplish with this amount. I am thinking of hiring a financial advisor to guide me about how to spend my money.
But guilt feeling is not going away. So AITAH for hiding my lottery winnings from my family
EDIT - I just wanted to inform few things regarding why my parents didn't file bankruptcy. You are not gonna believe when I tell what happened, so my parents were in talk with few investors to save business, not just save the showroom but they had planned to open another showroom as well with investors money. Because of that they said they had to maintain a facade that everything was great and couldn't file bankruptcy, even after our house was auctioned they used their savings to show off their high lifestyle, the investors backed out after they found out the truth. Even I was a kid, I didn't know what actually was going on, but this is the story that parents said about what happened.
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