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The rich get richer, and the poor – well, you know.
For weeks, America has sat idly by watching the roller coaster known as the Stock Market rise and fall. We laughed. We cried. We made fun of greedy, overpaid investment bankers finally getting their just dues for questionable business practices.
However, it appears Wall Street will get the last laugh as a multimillionaire investment banker and University of Pennsylvania Wharton School of Business alumnus became the first person to ever win the “$1 million a year for life” scratch-off lottery this week.
That’s right – Keenan Altunis, 33, already lives a luxurious lifestyle, and now, he gets to pad his gluttonous living with another million dollars a year for doing absolutely nothing. To make matters worse, he doesn’t really care about winning.
The NY Post reports:
"Is it going to materially change my life? No," he told The Post. "I have been a very blessed and fortunate person."
And if that isn't an argument for spreading the wealth around, how about this: Since he lives in Britain, Altunis, an executive at the European banking firm Unicredit, will have to pay New York but not federal taxes on his winnings, which means he'll net $931,500 a year for the rest of his life.
Under a US treaty with Britain, income from lottery winnings and several other sources is not subject to taxation for British residents. Altunis is not an American citizen.
Luckiest man to ever live? Maybe. The most hated man in the world? Definitely.
Is there is no God – no justice?