Don McNay

Donald Joseph McNay (February 13, 1959 – May 29, 2016) was a chartered financial consultant and specialist and analyst of lottery, living in Lexington, Kentucky. He was also a financial author and The Huffington Post contributor.[1]

Don McNay
Born
Donald Joseph McNay

February 13, 1959
Covington, Kentucky, U.S.
DiedMay 29, 2016(2016-05-29) (aged 57)
New Orleans, Louisiana, U.S.
Alma materEastern Kentucky University
OccupationFinancial author
Spouse(s)Dr. Karen Thomas McNay
Children2
Parent(s)Joseph & Ollie O. McNay

Background

McNay was born in Covington, Kentucky on February 13, 1959 to parents Joseph O. McNay (1933-1993)[2] and Ollie O. McNay (1939-2006).[3] He had two siblings: Theresa Ann McNay Francis (1969-2006)[4] and half brother Joseph John McNay. McNay graduated from Covington Catholic High School in 1977,[5] then graduated from Eastern Kentucky University with a Bachelors in Journalism and Political Science in 1981. He was inducted into their Hall of Distinguished Alumni in 1998. He later attended Vanderbilt University for his master's degree, and earned a second from The American College of Financial Services. He went on to obtain four professional designations in the financial services field: Chartered Financial Consultant, Chartered Life Underwriter, Certified Structured Settlement Consultant, and Master of Science in Financial Services.

McNay founded McNay Settlement Group Inc. in 1982,[6] specializing in structured settlements, qualified settlement funds, and mass torts, as well as Kentucky Guardianship Administrators.[7] He served on the Board of Directors for the National Structured Settlement Trade Association and the Society of Settlement Planners. He has been active in Kentucky politics, including Assistant Kentucky State Coordinator for Al Gore's successful presidential primary campaign in 1988 and Campaign Treasurer for Former Secretary of State and State Auditor Bob Babbage.

Don was married to Dr. Karen Thomas McNay, President of the Ursuline Academy in New Orleans, the oldest Catholic school and oldest all girls school in the United States.[8] He has two daughters, Angela Luhys[9] and Gena Bigler[10] (married to Clay Bigler[11]).

McNay died on May 29, 2016 in New Orleans, Louisiana, aged 57.[12]

Writing

McNay was a published author and weekly columnist for The Huffington Post, writing frequently on financial issues and the poverty industry.

McNay has written eight books: Brand New Man: My Weight Loss Journey,[13] Death By Lottery,[14] Don McNay's Greatest Hits,[15] Life Lessons from the Lottery: Protecting Your Money in a Scary World,[16] Son of a Son of a Gambler: Joe McNay 80th Birthday Edition,[17] Wealth Without Wall Street: A Main Street Guide to Making Money,[18] Son of a Son of a Gambler: Winners, Losers and What to Do When You Win the Lottery[19] and The Unbridled World of Ernie Fletcher: Reflections on Kentucky's Governor.[20] Another book, Life Lessons from the Golf Course,[21] was co-written with PGA Professional Clay Hamrick.[22] He was also the CEO of RRP International, a book publishing and digital media company based in Lexington, Kentucky.[23]

McNay won "Best Columnist" from the Kentucky Press Association in 2005.[24] He was a syndicated newspaper columnist for CNHI news service from 2006 to 2013 and a community columnist for the Lexington Herald-Leader from 1983 to 1986. He has served as Treasurer of the National Society of Newspaper Columnists.[25]

He has also written research articles for various legal and financial publications,[26] including Trial Magazine, National Underwriter, Bench & Bar,[27] and Best's Review.

Lottery

McNay was frequently called on to give advice for lottery winners, specializing in helping people who have come into sudden money.[28] He has appeared on various television and radio programs, including CBS Morning News,[29][30] CBS Evening News with Katie Couric,[31] ABC News Radio, BBC News,[32][33] KPCC- Los Angeles,[34] WLW-AM-Cincinnati, Al Jazeera-English, CBC Television, TBS eFM, RAI, CTV[35] and Radio Live (New Zealand).[36]

His insights have been sought by print publications, including the New York Times,[37][38] Los Angeles Times,[39][40] New York Daily News,[41] Time Magazine,[42] National Enquirer, Daily Mail, Reuters,[43][44] Associated Press,[45] Reader's Digest,[46] USA Today,[47] Chicago Tribune[48][49] and Forbes.[50]

Bibliography
gollark: Specifically: proof of stake is basically built-in compounding inequality; proof of space burns disks instead.
gollark: Proof of work is rather awful because it actively requires burning compute for no value, but all the alternatives are really bad too.
gollark: There are ways around this but they don't seem to have helped.
gollark: Cryptocurrencies are cool *technology*, but they also seem to not be very... good... as currency. Partly this is just network effects but partly high transaction fees due to things.
gollark: Well, I dislike them kind of, but I think I have well-reasoned-ish reasons.

References
  1. "Don McNay - Columns". The Huffington Post. Retrieved 23 May 2016.
  2. McNay, Don (June 30, 2013). Son of a Son of a Gambler: Joe McNay 80th Birthday Edition. RRP International Publishing & Digital Media. ISBN 978-0989884846.
  3. "Ollie O. McNAY". Legacy. Cincinnati.com. Retrieved 26 May 2016.
  4. McNay, Don (5 May 2011). "College Graduation: A Very Special Mother's Day Gift". The Huffington Post. Retrieved 26 May 2016.
  5. Eckberg, John (October 5, 2008). "How to get cash in a credit crunch". The Cincinnati Enquirer. Gannett Company. p. G3 – via Newspapers.com. McNay, a native of Edgewood and a 1977 Covington Catholic graduate, says another simple solution is obvious: Sell something.
  6. "Home". McNay Settlement Group. Retrieved 23 May 2016.
  7. "Home". Kentucky Guardianship Administrators. Retrieved 23 May 2016.
  8. "About". Ursuline Academy. Retrieved 23 May 2016.
  9. "Angela Luhys". Kentucky Guardianship Administrators. Retrieved 24 May 2016.
  10. Bigler, Gena (January 11, 2015). "Gena Bigler: Turning your back on a problem is not a solution; questions lead to answers". Ky Forward. Retrieved 24 May 2016.
  11. "Clay Bigler". Kentucky Guardianship Administrators. Retrieved 26 May 2016.
  12. Greg Kocher (May 29, 2016). "Don McNay, Lexington author and Huffington Post contributor, dies suddenly". Lexington Herald-Leader. Retrieved May 30, 2016.
  13. McNay, Don (February 27, 2016). Brand New Man: My Weight Loss Journey. RRP International Publishing & Digital Media. ISBN 978-0997153606.
  14. McNay, Don (January 27, 2014). Death By Lottery. RRP International Publishing & Digital Media. ISBN 978-0989884877.
  15. McNay, Don (September 24, 2013). Don McNay's Greatest Hits: Ten Years as an Award-Winning Columnist. RRP International Publishing & Digital Media. ISBN 978-0989884839.
  16. McNay, Don (November 29, 2012). Life Lessons from the Lottery:: Protecting Your Money in a Scary World. RRP International Publishing & Digital Media. ISBN 978-0979364426.
  17. McNay, Don (June 30, 2013). Son of a Son of a Gambler: Joe McNay 80th Birthday Edition. RRP International Publishing & Digital Media. ISBN 978-0989884846.
  18. McNay, Don (August 25, 2011). Wealth Without Wall Street: A Main Street Guide to Making Money. RRP International Publishing & Digital Media. ISBN 978-0979364488.
  19. McNay, Don (January 14, 2008). Son of a Son of a Gambler: Winners, Losers and What to Do When You Win the Lottery. RRP International Publishing & Digital Media. ISBN 978-0979364402.
  20. McNay, Don (September 14, 2006). The Unbridled World Of Ernie Fletcher: Reflections on Kentucky's Governor. Authorhouse. ISBN 978-1425962449.
  21. Hamrick, Clay; McNay, Don (March 22, 2013). Life Lessons from the Golf Course. RRP International Publishing & Digital Media. ISBN 978-0979364464.
  22. "Clay Hamrick - PGA Golf Professional". Battlefield Golf Club. Archived from the original on 11 May 2016. Retrieved 23 May 2016.
  23. "Home". RRP International Publishing & Digital Media. Retrieved 23 May 2016.
  24. "2005: The Results". Kentucky Press Association. Archived from the original on 24 June 2016. Retrieved 23 May 2016.
  25. "McNay announces engagement". National Society of Newspaper Columnists. Retrieved 23 May 2016.
  26. "Trade Publications Specific to Legal or Financial Services Industries". DonMcNay.com. Archived from the original on 2 June 2016. Retrieved 23 May 2016.
  27. McNay, Don; Walker, Karen (September 2015). "Financial Wellness for Attorneys". Bench & Bar. Retrieved 24 May 2016.
  28. Nocera, Joe (November 30, 2012). "The Bad Luck of Winning". New York Times. Retrieved 23 May 2016.
  29. Jarvis, Rebecca (March 31, 2012). "Problems lottery winners face". CBS Morning News. Retrieved 24 May 2016.
  30. Schlesinger, Jill (March 27, 2013). "Powerball dilemma: Lump sum or annuity?". CBS Moneywatch. Retrieved 24 May 2016.
  31. "Mega Millions Jackpot Fuels Dreams, Ticket Sales". CBS Evening News. January 4, 2011. Retrieved 24 May 2016.
  32. "US lottery: Search on for $640m jackpot winners". BBC News. March 31, 2012. Retrieved 24 May 2016.
  33. "Numbers drawn for record $640m Mega Millions prize". BBC News. March 31, 2012. Retrieved 24 May 2016.
  34. Morrison, Patt (March 29, 2012). "Lottery winning 101: how to not blow $500 million". KPCC. Retrieved 24 May 2016.
  35. "$50M jackpot with 55 $1M prizes up for grabs tonight". CTV News. June 25, 2012. Retrieved 24 May 2016.
  36. ""Trevor has done everything wrong" - Lotto expert Don McNay". Radio Live. April 3, 2012. Retrieved 24 May 2016.
  37. Nocera, Joe (November 30, 2012). "The Bad Luck of Winning". New York Times. Retrieved 23 May 2016.
  38. Nocera, Joe (January 11, 2013). "How to Shoot a Gun". New York Times. Retrieved 23 May 2016.
  39. Stevens, Matt (March 29, 2012). "What to do if you win the Mega Millions lottery jackpot". Los Angeles Times. Retrieved 23 May 2016.
  40. Stevens, Matt (March 30, 2012). "Mega Millions: Lessons from a jackpot winner". Los Angeles Times. Retrieved 23 May 2016.
  41. Durkin, Erin (April 1, 2013). "Financial planners offer support to newly minted millionaire Powerball winner Pedro Quezada". New York Daily News. Retrieved 23 May 2016.
  42. Chan, Melissa (January 12, 2016). "Here's How Winning the Lottery Makes You Miserable". Time Magazine. Retrieved 23 May 2016.
  43. Murphy, Kevin (February 23, 2013). "Missouri Powerball winners live modestly, give back to hometown". Reuters. Retrieved 24 May 2016.
  44. Stern, Andrew (April 17, 2012). "Illinois Mega Millions winner could face "lottery curse"". Reuters. Retrieved 24 May 2016.
  45. "Mega Millions: What to do when you win". Associated Press. March 29, 2012. Retrieved 24 May 2016.
  46. Crouch, Michelle (January 2014). "13 Things Lottery Winners Won't Tell You". Reader's Digest. Retrieved 24 May 2016.
  47. Welch, William; Eversley, Melanie (January 7, 2011). "Washington state Mega Million winners claim prize". USA Today. Retrieved 24 May 2016.
  48. "Should lottery winners' names be secret? States debate the anonymity issue". Chicago Tribune. January 15, 2016. Retrieved 24 May 2016.
  49. Pratt, Gregory; Koeske, Zak (May 7, 2016). "Four years ago, a 'Dirty Dozen' fought $118 million lottery battle". Chicago Tribune. Retrieved 24 May 2016.
  50. Godfrey, Neal (September 6, 2015). "How Stupid Can You Be With Money? Ask Lottery Winners". Forbes. Retrieved 24 May 2016.
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