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Money for Nothing: One Man's Journey Through the Dark Side of Lottery Millions

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Money for Nothing: One Man's Journey Through the Dark Side of Lottery Millions Cover

 

Synopses & Reviews

Publisher Comments:

In his wry and funny memoir, Edward Ugel tells the story of America's addiction to the lottery from an astonishing angle.

At age twenty-six, Ed found himself broke, knee-deep in gambling debt, and moving back into his parents' basement. It all changed, however, when he serendipitously landed a job as a salesman for The Firm--a company that offered up-front cash to lottery winners in exchange for their prize money, often paid in agonizingly small annual payments, some lasting up to twenty-five years. For the better part of the ensuing decade, Ed spent his time closing deals with lottery winners, making a lucrative and legitimate--if sometimes not-so-nice--living by taking advantage of their weaknesses . . . weaknesses he knew all too well.

Ed met hundreds of lottery winners and saw up-close the often hilarious, sometime sad outcome when great wealth is dropped on ordinary people. Once lottery winners realized their dream-come-true multimillion jackpots were not all that they were cracked up to be, Ed would knock on their door, offering them the cash they wanted-and often desperately need. This cash sometimes came at a high price, but winners were rarely in a position to walk the other way. As Ed learned, few of them had the financial savvy to keep up with the lottery-winner lifestyle. In fact, some just wanted their old lives back.

A charmingly neurotic gambler, Ed traveled deep into the heart of the country where he discovered the American Dream looks a lot like a day at the casino. And Ed knows casinos. In fact, his own taste for gambling gave him a unique insight into lottery winners: he intimately understood their mindset, making it that much easier to relate tothem. And like lottery winners, Ed struggled to find balance in his own life as his increasing success earned him a bigger and bigger salary. Even as he relished his accomplishments, he grappled with the question: If you are good at something that is bad for some people, does that make you a bad person?

Ed Ugel takes the readers inside the captivating world of lottery winners and shows us how lotteries and gambling have become deeply inscribed in every aspect of American life shaping our image of success and good fortune. Money for Nothing is a witty, wise, and often outrageously funny account of high expectations and easy money.

Synopsis:

For the better part of a decade, Edward Ugel spent his time closing deals with lottery winners, making a lucrative and legitimate—if sometimes not-so-nice—living by taking advantage of their weaknesses . . . weaknesses that, as a gambler himself, he knew all too well.

In Money for Nothing, he explores the captivating world of lottery winners and shows us how lotteries and gambling have become deeply inscribed in every aspect of American life, shaping our image of success and good fortune. Money for Nothing is a witty, wise, and often outrageously funny account of high expectations and easy money.

About the Author

Sales and marketing expert Edward Ugel spent his late twenties and early thirties working among the nation's most infamous lottery winners and gamblers in the high-stakes lump sum industry. He writes for the Huffington Post and has also written for the New York Times and contributed to PRI's This American Life.

Product Details

ISBN:
9780061284182
Subtitle:
One Man's Journey through the Dark Side of Lottery Millions
Author:
Ugel, Edward
Author:
by Edward Ugel
Author:
White, E. B.
Author:
Williams, Garth
Publisher:
HarperBusiness
Subject:
Personal Memoirs
Subject:
Gambling - Lotteries
Subject:
Business
Subject:
Classics
Subject:
Biography - General
Edition Description:
Trade PB
Publication Date:
20080923
Binding:
Paperback
Grade Level:
from 3 to 7
Language:
English
Pages:
256
Dimensions:
11 x 9.25 in 6.08 oz
Age Level:
from 8 to 12

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Related Subjects

Biography » Business
Biography » General
Business » General
Business » Management
Hobbies, Crafts, and Leisure » Games » Gambling » General
Hobbies, Crafts, and Leisure » Games » Lottery Games

Money for Nothing: One Man's Journey Through the Dark Side of Lottery Millions New Trade Paper
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Product details 256 pages Collins Business - English 9780061284182 Reviews:
"Synopsis" by , For the better part of a decade, Edward Ugel spent his time closing deals with lottery winners, making a lucrative and legitimate—if sometimes not-so-nice—living by taking advantage of their weaknesses . . . weaknesses that, as a gambler himself, he knew all too well.

In Money for Nothing, he explores the captivating world of lottery winners and shows us how lotteries and gambling have become deeply inscribed in every aspect of American life, shaping our image of success and good fortune. Money for Nothing is a witty, wise, and often outrageously funny account of high expectations and easy money.

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