Advertise on Bikeforums.net



User Tag List

Results 1 to 16 of 16
  1. #1
    Senior Member
    Join Date
    Dec 2001
    Location
    New Jersey
    Posts
    6,034
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Lotto Millionaire Doesn't Own Car

    Here's a good story about a guy living in the burbs having millions in the bank and won't own a car. I know quite of few guys making over 100K and living in the city who don't own cars either. Meanwhile, you hear of folks all the time making 20K or less having to own a car because it's necessary. Go figure.



    New York Lotto Millionaire Doesn't Own Car

    Email This Story
    Print This Story
    Aug 3, 2005 11:18 am US/Eastern
    (1010 WINS) (WATERTOWN, N.Y.) The northern New York man who hit the second largest New York Lotto jackpot ever won by an individual doesn't own a car and apparently isn't in a hurry to get one.

    Garry McGivney of Watertown can afford plenty of vehicles now that he's $56 million richer after the six numbers he has been playing for 15 years matched those drawn in last Saturday night's Lotto drawing.

    The 66-year-old retired state worker says he prefers to walk. McGivney says he may buy a car with his winnings, but is more likely to rent one when he needs to. He celebrated last night by going out for ice cream with a friend.

    McGivney chose the lump-sum payment option, meaning he'll get about $28 million before taxes.

    Lottery officials have scheduled a news conference this afternoon at a Syracuse restaurant to formally introduce New York's latest millionaire.

    He won't have to walk there. The lottery office is sending a limo to pick him up.

  2. #2
    Senior Member EJFan's Avatar
    Join Date
    Aug 2005
    Location
    Maryland
    Posts
    57
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    shweet.

    i wonder if he'd buy me a a bicycle...

  3. #3
    Senior Member
    Join Date
    Dec 2001
    Location
    New Jersey
    Posts
    6,034
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by EJFan
    shweet.

    i wonder if he'd buy me a a bicycle...
    It just goes to show you what people value most in their lives. Even with all that money he still only wants to "rent" a car instead of buying a new one. Incredible.

  4. #4
    People Before Profit Mehow's Avatar
    Join Date
    Apr 2005
    Location
    Vancouver, B.C.
    Posts
    497
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    If that was Me . . . I'd buy everyone I know a bike that fits their lifestyle. LOL And I would explain to them that I made an effort to enrich and lengthen their lifes, and therefor given them the ultimate gift

  5. #5
    Senior Member
    Join Date
    Aug 2003
    Location
    San Francisco, CA
    Posts
    150
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Dahon.Steve
    Here's a good story about a guy living in the burbs having millions in the bank and won't own a car. I know quite of few guys making over 100K and living in the city who don't own cars either. Meanwhile, you hear of folks all the time making 20K or less having to own a car because it's necessary. Go figure.
    It's good to read a story like this where the Lotto winner is actually a guy with some sense and values.

    FWIW, not every millionaire rides around in a fancy car. Once in a while, you do hear about the odd guy with lots of money who just prefers to live simply. I've heard that at least one of the founders of Google (Sergey Brin, I think) doesn't own a car and rides his bicycle to work.

  6. #6
    Senior Member EJFan's Avatar
    Join Date
    Aug 2005
    Location
    Maryland
    Posts
    57
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I've heard that at least one of the founders of Google (Sergey Brin, I think) doesn't own a car and rides his bicycle to work.
    yes... i believe you're right.

    overall, i think there are lots of people with a sense of values... we just don't hear about them all that often. thanks to dahon for posting the article. it makes me all warm and fuzzy inside.

    *scratches chin* i STILL wonder if he'd buy me a bike...

  7. #7
    Rider in the Storm
    Join Date
    Mar 2003
    Location
    Portland, Oregon
    My Bikes
    LeMond Zurich, KHS Fiero (Fixed), Centurion Ironman Expert
    Posts
    736
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    New York Lotto Millionaire Doesn't Own Car

    And this tidbit is considered such a shock as to be newsworthy? Gimme a break!

    What's next? New York Lotto Millionaire Doesn't Own a Cell Phone...

  8. #8
    Cheesmonger Extraordinair natelutkjohn's Avatar
    Join Date
    May 2004
    Posts
    417
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by ChezJfrey
    New York Lotto Millionaire Doesn't Own Car

    And this tidbit is considered such a shock as to be newsworthy? Gimme a break!

    What's next? New York Lotto Millionaire Doesn't Own a Cell Phone...
    Considering the main type people the mainstream news is aimed at, Yes, I'd say it's newsworthy. Even if it's purpose is to show what an eccentric this "nut" is, although to all of us, it just makes sense

  9. #9
    .
    Join Date
    Apr 2005
    Location
    .
    My Bikes
    .
    Posts
    3,094
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Yep it's newsworthy and thanks for posting it.

    Guy's not only smart enough to win the Lotto ;-) he's smart enough to not run himself ragged earning that average $8k after-taxes it takes (per AAA statistics) it costs to own a car.

  10. #10
    Senior Member
    Join Date
    Dec 2001
    Location
    New Jersey
    Posts
    6,034
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by ChezJfrey
    New York Lotto Millionaire Doesn't Own Car

    And this tidbit is considered such a shock as to be newsworthy? Gimme a break!

    What's next? New York Lotto Millionaire Doesn't Own a Cell Phone...
    Good one.

    I guess it made the news because even the very poor are stuck owning cars they can't afford. Owning a motorcar is such a part of the American fabric that somone who doesn't participate must be on the verge of bankruptcy.

    Here's a guy that can afford the most expensive car in production but chooses to walk. I know the town he lives in and it's not the most commuter friendly place in the world.

  11. #11
    Senior Member
    Join Date
    Dec 2001
    Location
    New Jersey
    Posts
    6,034
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by natelutkjohn
    Considering the main type people the mainstream news is aimed at, Yes, I'd say it's newsworthy. Even if it's purpose is to show what an eccentric this "nut" is, although to all of us, it just makes sense
    That's why I think this made the news. It was to show this man to be insane or strange because he won't buy a car with all that money. Not having a car is considered an oddity in the same category as the woman with three breasts or the man who barks like a dog.

  12. #12
    34x25 FTW! oboeguy's Avatar
    Join Date
    Sep 2004
    Location
    NYC
    My Bikes
    Scott CR1 '07, Dahon SpeedPro '06
    Posts
    6,002
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Dahon.Steve
    That's why I think this made the news. It was to show this man to be insane or strange because he won't buy a car with all that money. Not having a car is considered an oddity in the same category as the woman with three breasts or the man who barks like a dog.
    Pics? (I keed, I keed!)

    Seriously, 1010 WINS likes to report on "weird" stuff like this. I'm glad to hear about it and will use it as an example in future arguments.
    Quote Originally Posted by Blue Order
    Quote Originally Posted by sknhgy
    I do not want to be associated with the kind of riders that come through my neck of the woods on weekends, dressed in superhero costumes
    Do they wear capes?
    ---

    http://www.cycopaths.net/

  13. #13
    Senior Member Michigander's Avatar
    Join Date
    May 2005
    My Bikes
    Giant ATX 1200, Schwinn Peleton
    Posts
    1,726
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    If I won that much money, I can guarantee that I would have cars. Probably some GT40's, Ferrari's and maybe a hydroplane. I would also have an airplane hanger to store them in.
    Bring back the Sig Test!


    (\__/)
    (='.'=)
    (")_(")

  14. #14
    Senior Member
    Join Date
    Aug 2004
    Location
    San Francisco, CA
    Posts
    1,172
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Plenty of people in NYC don't own cars. This is news?

  15. #15
    ___
    ___ is offline
    . ___'s Avatar
    Join Date
    Aug 2005
    Posts
    77
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by kefin
    I've heard that at least one of the founders of Google (Sergey Brin, I think) doesn't own a car and rides his bicycle to work.
    Yeah, he may ride his bike occasionaly, but Mr. Brin DEFINITELY owns a car (an exotic sports car).....sorry, 60 minutes is one of the few shows I watch on TV.

  16. #16
    '05 NUEser EJ123's Avatar
    Join Date
    Aug 2005
    Posts
    3,374
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I love the panoz!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •