Father Asks If He’s Wrong For Spending Sons Lottery Winnings Money, Gets Put In Place

Managing money and children isn’t an easy task, especially as your kids grow older and believe they have developed decision making skills. After all, investing, college funds, and numerous other actions don’t seem as fun as getting instant gratification by spending rather than building wealth. Our OP from today’s Reddit AITA story searched for guidance online after an argument with his wife over his take over of his son’s “lottery winnings.” After passing through several scratchers as a family, one ticket his son chose won a considerable sum. OP opted to invest it, which resulted in a lot of profit… Read the whole story down below:

Source: u/FinancialSecretary9

#1) Is OP the AH here?

#2) 6 years ago, OP went bought lottery tickets for his whole family and spent the night talking about what they would do with the money if they won.

#3) OP told his kids if they won they’d have to share the money and his son won. They saved most of the money.

#4) They bought a gaming system and went on a vacation. They also bought a car for Sam.

#5) OP invested all the savings and got a lot of profit. His wife left the finances up to him.

#6) Sam is starting college so they made a plan for him but OP’s wife said they should be giving Sam more money.

#7) OP says he deserves the money since he worked so hard and will continue to invest it. OP’s wife disagrees.

Source: u/FinancialSecretary9

While involving all your family members in the scratching process adds a lot of entertaining and sentimental value to the ticket, OP is the one responsible for claiming and redeeming the prize at the end of the day as he is the purchaser. Usually, many parents tend to avoid playing the “who actually owns what” card unless a dire situation requires it mainly because it may create distance between the children and the parent. The gap becomes harder to bridge particularly when the child in question, much like in this story, is a teenager. Here’s what Redditors are saying about the situation.

#8) Involving his son in the investment process would’ve been OP’s best bet.

#9) Hiding it from his wife was seriously suspicious.

#10) Agreed, OP hasn’t seem to do much except let it sit.

#11) Professionally, morally and ethically it’s just wrong.

#12) Keeping his wife in the dark was not okay.

#13) No arguments here.

#14) It’s just exploitation in a fancy way.

#15) OP is taking too big of a cut.

#16) OP proved with every paragraph that he was the AH.

#17) Fair point, but that’s not really how it works.

#18) To keep the money for himself to retire early is crazy.

#19) Don’t know how I feel about this one.

#20) This doesn’t seem fair.

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