Entertaining story!
Roughly 10 years ago I graduated college and found a job in the same area as my school, allowing me to rent a room with two of my close friends. About three months into that lease, friend 1 asked if a guy we all knew could stay with us for a few weeks as his living circumstances were in flux. We reluctantly agreed to it as we were young and didn't properly weigh the full downside to this agreement. Shortly after the new guy moved into the basement of the house, he overstepped his boundaries, staying well past the few weeks, never chipped in for anything, and had some shady people visiting which angered everyone enough to break the lease as soon as it expired 9 months later.
Fast forward to last week...
In catching up with these friends for a reunion, we notice that the basement dweller is working as a bus boy at the restaurant we are at. He came over to say hi to us and we briefly shared life updates (resentment was long gone 10 years after our living arrangement). As soon as he resumed his duties at the restaurant, we thought it would be interesting to check his facebook page to find out some more details in terms of what he's been up to.
After living with us, he started to make a lot of money dealing drugs and had all kinds of flashy pictures of his new found money. Then he eventually was caught and served time in jail. After he gets out, he shares with the world that he won a Draft Kings event that paid him $100k in winnings. Naturally, he buys a new mercedes, some expensive jewelry, clothes, etc. He also started to gain a following on social media and was riding high. He also shares that he had a child at this point. Shortly after that, he crashes the $70k mercedes and of course did not buy insurance on it. The repair total is devastating and he had to sell it for salvage value (nearly scrap). At this point he is essentially close to broke again, and cannot pay for basic expenses anymore, as all of his gambling winnings were spent almost instantly.
Another couple years go by, and he has all kinds of posts about cryptocurrency which he gambled on to ride the recent wave to new financial heights once again! He resumes his social media posts of more flashy expenses. Within the past couple weeks, crypto crashed -30% or so... and of course... he gets crushed by the downturn.
His most recent post was very sad. He shares his remorse for all of the frivolous/dumb decisions in his life, and encouraged all of his friends and followers to be smart with their life choices. He also encourages them to save/invest their money instead of pissing it away.
My original friend from the beginning of the story received a text shortly after seeing us at the restaurant. He asked if he could crash for a little while at his place, as he did not know that he had to pay taxes on his $100k gambling winnings, or the crypto profit that he had made (aside from the -30% drop). He is close to $50k in tax debt now. My friend declined to let him stay at his place.