Would You Buy A 73 Year Old Man’s “Cash For Life”?

73 year old Donald Magett of Portage in southwest Michigan won "Cash for Life" back in 1984 from the Michigan Lottery and has been collecting a thousand dollars a month since then, which he will do until he dies.

Magett, however, has filed bankruptcy and a trustee is paying his creditors. The trustee petitioned a judge to auction off the lottery winnings - the judge said, "Yes" and now you can buy it. Bids start at $30,000.00 for the $1,000.00 a month - until  Mr. Magett shuffles off this mortal coil. Word is that he's in good health, but doesn't wish to speak to the media.

You can bid on Magett's lottery money - and a LOT of other items - at www.repocast.com.

Seem like a good bet to you?