A Couple Won the Powerball. Investing It Turned Into Tragedy.

2 months ago 65
Jason Zweig

July 12, 2024 11:08 am ET

Sue and Paul Rosenau pose aft winning the Powerball successful 2008.  The jackpot total, above, reflects pre-tax yearly payments, not the after-tax lump-sum the Rosenaus received.  Photo: Andy King/Associated Press

In outpouring 2008, Paul Rosenau, a operation supervisor and heavy-equipment relation successful Waseca, Minn., bought a Powerball ticket—and deed a $59.6 cardinal after-tax jackpot.

Rosenau, a devout Lutheran and the lad of a pastor, recalls with a tremor successful his dependable however helium and his wife, Sue Rosenau, felt erstwhile they woke up the adjacent morning.

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