Gas Station Attendant Wins $28M, Still Feels Like He Lost It All to Friends
KEY POINTS
- •Timothy Shultz won a $28 million Powerball jackpot in February 1999 while working at a gas station.
- •He consulted financial professionals immediately, invested conservatively, and retired by the age of 21.
- •Despite success, he struggled with friends expecting free vacations and regrets missing the bitcoin craze.
Timothy Shultz hit the $28 million Powerball jackpot in February 1999 while pumping gas, retired at 21, and wisely didn’t blow it all on arcade tokens. Instead, he hired professional financial advisors (because winging it at 21 with millions is so 1998) and invested conservatively in stocks, bonds, and mutual funds. His first luxury purchase? The latest video game system—finally affording what gas station pay never covered. Yet, even with a solid money plan, his regret is only missing bitcoin’s rocket ship. Plus, navigating freeloading friends who think lottery cash is a communal piggy bank remains the true jackpot challenge.
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(1 of 3)Winning millions didn’t cure peer pressure; nothing says trust like family telling you ‘you got something for nothing, so pay up.’
Financial advisors saved him from going broke, but apparently not from becoming a personal ATM for every acquaintance.
Turns out the biggest jackpot isn’t money but saying no to needy friends still stuck in broke student mode.
Source: Businessinsider | Published: 12/23/2025 | Author: Agnes Applegate
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