Offbeat What 3 ‘Big Brother’ Winners Did After Their $500K Payday

10:27  12 july  2018
10:27  12 july  2018 Source:   nerdwallet.com

Country star Eric Church's brother and collaborator Brandon dies

  Country star Eric Church's brother and collaborator Brandon dies A note on the country star's fan-club website revealed that his brother and co-writer Brandon died last week."It is with great sadness to confirm that Eric's brother, Brandon, passed away on Friday evening," the message on Church's website read. "In lieu of flowers, we are encouraging everyone to donate to a Scholarship Memorial Fund created on Brandon's behalf. You can leave a message that will go via email directly to (their parents) Ken and Rita.

The CBS reality series “ Big Brother ” has a slogan: Expect the unexpected. Show winners Dan Gheesling, Ian Terry and Derrick Levasseur lived that motto firsthand. After spending months in a house filled with television cameras and strangers

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

© NerdWallet The set of "Big Brother." The CBS reality series “Big Brother” has a slogan: Expect the unexpected. Show winners Dan Gheesling, Ian Terry and Derrick Levasseur lived that motto firsthand.

After spending months in a house filled with television cameras and strangers, the three each won a season of the show and walked away with the $500,000 grand prize.

Here’s how the show — and half a million dollars — changed each of their lives in unexpected ways.

The players

“Big Brother” brings strangers into a house together for the summer. Secluded from the outside world, contestants compete in physical and mental challenges and vote out their fellow houseguests until one winner is left standing.

'Big Brother' Season 20 Contestants Accused of Racism and Sexual Harassment

  'Big Brother' Season 20 Contestants Accused of Racism and Sexual Harassment Fans are outraged over the behavior of some of the show's cast members.Big Brother season 20 is facing controversy from comments and actions made by some of the show's contestants.

Aside from paying taxes on their winnings, here's what the three winners did with their $ 500 ,000 grand prize So how'd they do it? We asked them to share the financial lessons they took with them from the " Big Brother " house. The veteran: After winning his prize money, Gheesling read up on

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

Viewers follow along at home as the competitions and social interactions are broadcast on TV and online. Players who start the season as unknowns often become household names.

The veteran: Gheesling appeared on the show not once, but twice: He won first place in season 10, in 2008, and was the runner-up four years later in season 14. Nowadays, the 34-year-old Dearborn, Michigan, native works in real estate.

“It’s a cool thing I’ll be able to tell my kids, but really the financial impact of winning, when I won and what I did with the money, changed my life forever,” Gheesling says.

The superfan: Terry, a self-described superfan, was 21 years old when he won season 14 in 2012. “I remember I popped out of the chair when I saw my name on the last vote because it literally felt as if this giant weight had been lifted off my shoulders,” Terry says of the finale night.

‘Big Brother’: CBS Responds To “Inappropriate Behavior & Offensive Comments” By Cast Members

  ‘Big Brother’: CBS Responds To “Inappropriate Behavior & Offensive Comments” By Cast Members CBS has released a statement following outrage by fans over inappropriate behavior and racist comments by some cast members in Season 20. “Big Brother is a reality show about watching a group of people who have no privacy 24/7 — and capturing every unfiltered moment and conversation in their lives. At times, the houseguests reveal prejudices and exhibit behavior that we do not condone,” CBS said in a statement. “The producers have addressed two such incidents that were seen recently on the 24/7 online feed. In both cases, those involved have been warned about their inappropriate behavior and offensive comments, as well as future consequences.

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

He was in college at the time and says student loans were his financial motivation for going on the show. Now 27, Terry is a physics teacher and lives in Houston, Texas.

The detective: Levasseur, a former police officer, won season 16 in 2014 after applying for the show in hopes of improving his family’s financial well-being.

Levasseur says he entered the house with 21 Twitter followers. He left with about 120,000 followers.

“People love you, and now they know who you are,” Levasseur says of his return to normal life. “There are memes and GIFs of you. It’s like the weirdest thing ever.”

The now 34-year-old lives in Providence, Rhode Island. Since playing the game, he’s gone on to write a book partially inspired by his experience. He’s also an investigator on the true crime show “Breaking Homicide.”

The prize

Aside from paying taxes on their winnings, here’s what the three winners did with their $500,000 grand prize:

One Couple’s Journey From Debt to $1.5 Million in Savings

  One Couple’s Journey From Debt to $1.5 Million in Savings When Al and Lesia Riddick got married 16 years ago, they had about $150,000 in debt, including a student loan, a car loan and a mortgage. Now they’re debt free…Now they’re debt free and have about $1.5 million in savings, despite the fact that their income was essentially cut in half for a while, after Al lost his job in 2010.

Aside from paying taxes on their winnings, here's what the three winners did with their $ 500 ,000 grand prize So how'd they do it? We asked them to share the financial lessons they took with them from the " Big Brother " house. The veteran: After winning his prize money, Gheesling read up on

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

The veteran: Instead of going on a huge shopping spree, Gheesling made relatively modest post-winning purchases: a TV and a PlayStation 3. He also invested and later put a down payment on a condo. No fancy new wheels for him: The former teacher says he gets a kick out of driving the same car for years to see how many miles he can put on it.

“Money is a game, and it’s either you get played by the game, or you find a way to play the game,” Gheesling says.

The superfan: Terry knew exactly what he wanted to put his money toward; the first thing he did was pay off more than $80,000 in student loans and college tuition. He allowed himself one fun purchase, a car, and later bought a home as well. He invested or saved the rest of his winnings.

The detective: Levasseur’s spending was strategic. He bought a Jeep Cherokee as a thank-you to his wife for supporting him while he was on the show. His other big discretionary purchase was a hot tub. The rest he put toward financial goals like paying off credit card debt, investing, and building a college fund for his children.

» MORE: 5 ways not to blow a financial windfall

Eric Church Returns to the Stage a Week After Brother's Death for Emotional Tribute: 'I Need This'

  Eric Church Returns to the Stage a Week After Brother's Death for Emotional Tribute: 'I Need This' Eric Church was back on stage on Saturday — a little over a week after the death of his brother, Brandon, at age 36. The country singer, 41, took the stage at Ohio’s Country Concert in Fort Loramie, where he honored his late brother with an emotional cover of “Amazing Grace” and a stripped-down version of his 2006 hit “Sinners Like Me.” Video of the touching tribute was spread on social media, the crowd going silent as he sang the lyric “me and my brother” in “Sinners Like Me” (a song that, as Taste of Country noted, features references to being “forgiven for multiple sins upon death“). RELATED: Eric Church’s Brother, Brandon Church, Dies at 36 Eric also performed “How ‘Bout You” — a tune he co-wrote with his late brother. “It’s been a tough week,” he reportedly told the crowd, according to one fan. “But I need this. I need my people.” Eric Church singing Amazing Grace and Sinners Like Me in honor of his brother ???? pic.twitter.com/HtZFQkFODU— Country Music Jesus (@EricChurch_Fans) July 8, 2018 At @countryconcert@ericchurch plays “how ‘bout you,” which co-wrote with his brother who died last week. Tells crowd: it’s been a tough week. But I need this. I need my people.” Tough night for him, but he’s playing heart out.— Brian Dugger (@DuggerBlade) July 8, 2018 Brandon died on June 29 in North Carolina, where he lived. “It is with great sadness that the Church family confirms that Eric’s brother, Brandon, passed away Friday evening,” a rep for Eric told PEOPLE in a statement.

Aside from � paying taxes on their winnings, here's what the three winners did with their $ 500 ,000 grand prize: The veteran: Instead of going on a huge We asked them to share the financial lessons they took with them from the ' Big Brother ' house. The veteran: � After winning his prize money

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

The advice

Several years removed from their time on the show, these winners have made their winnings last. So how’d they do it? We asked them to share the financial lessons they took with them from the “Big Brother” house.

The veteran: After winning his prize money, Gheesling read up on personal finance and quickly discovered the value of educating himself about money and investing.

Still, contrary to what some might think, he says he doesn’t live a life of fame and fortune. “I still work,” Gheesling says. “I still run a business every day. I’m not quote-unquote ‘rich.’ But check in with me in about 20 years.”

The superfan: Prior to the show, Terry says he never really had money. Now he views everything in life as an investment, so before he makes a big decision, he weighs the potential costs and benefits. He currently has his sights set on graduate school.

The detective: Levasseur has concluded that money comes down to needs and wants. And as tempting as the nicer things in life can be, he tries to anticipate the long-term effects of a momentary want.

“When you first win … and have this big chunk of money sitting there, you go look at houses,” he says. “You have to sit back and say, ‘You have a house right now; do you need a bigger house? Is it a need or a want?’ Obviously, a bigger house was a want.”

WWE legend Bret Hart accuses late brother's widow of erasing wrestling legacy

  WWE legend Bret Hart accuses late brother's widow of erasing wrestling legacy WWE legend Bret Hart appeared on a podcast last week where he accused the widow of his late brother of trying to erase his brother’s wrestling legacy rather than keep it alive. Hart’s brother, Owen, died during a WWE pay-per-view match in 1999 after falling to his death while he was being lowered into the ring from the rafters of the Kemper Arena in Kansas City, Mo. Owen Hart fell 78 feet to his death. Martha Hart, Owen’s wife, reportedly was awarded $18 million in a settlement with the company over her husband’s death.

Aside from paying taxes on their winnings, here’s what the three winners did with their $ 500 ,000 grand prize So how’d they do it? We asked them to share the financial lessons they took with them from the “ Big Brother ” house. The veteran: After winning his prize money, Gheesling read up on

Aside from � paying taxes on their winnings, here's what the three winners did with their $ 500 ,000 grand prize: The veteran: Instead of going on a huge We asked them to share the financial lessons they took with them from the ' Big Brother ' house. The veteran: � After winning his prize money

The real world

Not many people will have a chance to play “Big Brother.” But you don’t have to win $500,000, or any amount of money, to follow these winners’ practical advice: Invest in the future, live within your means and put needs before wants.

If you do ever happen to end up on the show, Terry has another piece of advice for you.

“You don’t want ‘Big Brother’ to be the biggest thing you ever do. There should be other things in life,” Terry says. “It’s just a fun thing that you do — it’s not the entire meaning of your life.”

More From NerdWallet

  • 7 ways to save at Disneyland — no magic required
  • What to buy every month of the year
  • How to create a budget

Courtney Jespersen is a writer at NerdWallet. Email: courtney@nerdwallet.com. Twitter: @CourtneyNerd.

All five brothers served in the Navy, all five marched for a bucket list wish .
It all started with the oldest brother, who served in the Vietnam War. Every brother after followed in his footsteps.Vince was 17 and had to get special permission from his parents in order to enlist in the Navy Reserves. He went on active duty in September 1965.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!