Robert Salo, 18, is one kid who won’t be moving back home after college.
In a day and age when most youngsters are struggling to figure out what the future holds for them, Salo managed to guarantee himself the sort of lifetime financial stability that the rest of us can only dream about.
Just a few days shy of his high school graduation, the Brooklyn-bred youth bought his own personal version of a golden ticket – a $2 scratch-off that netted him a $1 million minimum payment over the next 20 years, plus $52,000 annually for life.
In case you were wondering, the average income for Americans is less than $42,000 per year.
That means in the first official year of his adulthood, Salo has ensured that he’ll have a regular, steady paycheck for the rest of his life -- no matter what occupation he chooses to eventually pursue -- which is higher than the national average.
Still, you have to figure that anyone lucky enough to win the lottery is a regular player. There is no way that an average citizen can step in off the street and just win lifetime security, right? Wrong.
Apparently, your life changing in an instant isn’t just something that happens in movies.
“It feels like I’m living in a dream,” Salo said. “One minute, I’m driving around with my mom and uncle, and the next I’m yelling at them to pull over because I won a million dollars.”
The good news is: Salo is very grounded. He’s planning on keeping his day job, and he's also looking forward to pursuing a career in electrical engineering.
He definitely won’t let the money jade him.
Sure, the history books are filled with sad tales of folks who blow their easily-amassed fortunes on flashy toys, but this kid is cut from a different cloth. The first thing that he spends his money on will be an investment of some sort, probably.
What’s his first investment going to be?
“A BMW, of course, I gotta get around,” he laughed.