Research Hub/Employment Decisions

Would You Keep Your Job After Winning Millions?

1 in 5 lottery winners became multi-millionaires and kept going to work. For years. Some are STILL working today. A judge returned to the bench. A trucker bought a USED truck. An accountant never left her desk.

22%
Kept Working for Years
0%
Their Bankruptcy Rate
5.4%
Quit Same Day Ruin Rate

What Did Winners Do About Their Jobs?

149 winners with documented employment decisions

Quit Same Day/Week
71 winners (48%)
Worked < 1 Year Then Quit
12 winners (8%)
Kept Working 1+ Years
33 winners (22%)
Already Retired Before Win
33 winners (22%)

Key Finding: Winners who kept working 1+ years have 0% financial ruin rate. Those who quit immediately: 5.4% went bankrupt.

Structure and Purpose Protect Wealth

33
Winners kept working for years

They were already set for life, yet chose to keep their jobs. Not a single one went bankrupt.

71
Winners quit the same day

3 of them (5.4%) ended up in financial ruin. The pattern is clear.

Winners Who Kept Working

Brad Duke$220M (2005)
Thriving

Continued teaching 6 AM spinning classes at Gold's Gym for 2 years after winning.

"Why would you stop doing something you really enjoy?"
Neal Wanless$232M (2009)
Thriving

Continued ranching for 13+ years, built 50,000-acre operation, sold in 2022 for $37M.

"I could have retired and done really nothing. But I love it. Ranching is a hard life, but if you love what you do..."
Donald Harvey$105M (2007)
Thriving

Bought a USED truck to continue trucking after winning $105 million.

"I've got to have something to do... There is no reason to waste money, even if you've got it to waste."
Judge James Stocklas$291M (2016)
Stable

Returned to the bench April 1, 2016 - less than a month after winning $291 million.

"It's in my blood. I won't work as often but I'll fill in."
Orencia Barzey$80M (2015)
STILL WORKING

9+ years later - still works as Project Accountant at Turner Construction.

"I don't plan on changing much about my lifestyle."
Barry Scheinost$36M (2005)
⭐ EMPLOYEE OF YEAR

Professional Engineer at Nebraska DOT. Won in 2005, named Employee of the Year in 2013-2014 - 8 years later!

Felipe Piña$17M (2007)
17-YEAR AWARD

Laborer at HRI, Inc. Won in 2007. Received 17-year service award in 2023 - proving he worked 16 years after his $17M windfall.

Winners Who Quit Immediately

Mavis Wanczyk$758M (2017)
Quit Same Day

Worked at Mercy Medical Center for 32 years. Called the morning after to say she wouldn't return.

"I'm going to go hide in my bed."
Manuel Franco$768M (2019)
Quit Day 2

Target employee. Tried to show up the day after, but resigned on day two.

"I felt like the whole world was after me."
David Johnson$298M (2018)
Quit Immediately

Truck driver at Iberia Foods. Captures the immediate impulse:

"I'm not going to work, I'm quitting right away! I'm rich."

Notice the difference? Winners who quit spoke of escape ("hide in my bed", "don't gotta work no more"). Winners who kept working spoke of purpose ("Why would you stop doing something you really enjoy?").

Why Working Protects Wealth

Structure

Daily routines prevent impulsive decisions. Winners with jobs have less time to spend money recklessly.

Identity

Work provides purpose beyond wealth. Brad Duke wasn't just "a lottery winner" - he was a fitness instructor who happened to win.

Social Circle

Workplaces maintain existing relationships. Quitting immediately isolates winners from their support network.

Gradual Transition

Time to process, plan, and adjust. Winners who quit same-day make decisions in a state of shock.

Don't Quit Your Day Job

Winners who kept their structure, purpose, and identity intact had a 0% financial ruin rate. Those who quit immediately had 5.4% - nearly infinite times higher.

Source: CazPoint Powerball Winners Study, 149 winners with documented employment decisions (1992-2024).