Today's lotto jackpot prize is ...... and the winning numbers are ........
I found this sad stories of lotto winners who ended up loosing all there millions. I hope this will give us some lessons on how to handle our money carefully in case we hit a lotto jackpot.
I was planning to write sad stories of Filipino lotto winners but I have only 2 lotto winners who ended up being killed and the other one loosing all his millions to gambling. In case Ill have 5 to 8 sad stories of filipino lotto winners then ill write it soon.
Here are some list of lottery winners in America who succumbed to the pitfalls of sudden wealth and the greed of others.( $ 1 converted into pesos X 50 pesos )
* Jeffrey Dampier: The Tampa, Fla., resident and his wife won the $20 million (1 billion pesos )prize in 1996, and he spent plenty on his family. In 2005, the popcorn entrepreneur visited his sister-in-law when she claimed she had car troubles. Her boyfriend pulled a gun on Dampier, and the two kidnapped him and killed him. They were both convicted and received life sentences.
* William "Bud" Post III: He called his winnings the "lottery of death." The Pennsylvania man, who died in 2006, won $16.2 million (800 million pesos) in 1988, but it all went downhill. His sixth wife left him. He spent time in jail for firing a gun at a bill collector. His brother was convicted for hiring a hit man to kill him. In the end Post declared bankruptcy.
* Jack Whittaker: Nothing but trouble followed the West Virginian after he won a record $314.9 million ( almost 16 billion pesos) in the multistate Powerball lottery in 2002. He gave away $3 million to local churches. More than $545,000 in cash was stolen from his car while he was in a strip club. His granddaughter Brandi died of a drug overdose. He was arrested twice for drunken driving and ordered into rehab and pleaded no contest after attacking a bar manager. Last year, his daughter, Brandi's mother, was found dead.
* Kenneth P. Proxmire: The Hazel Park, Mich., man won $1 million (50 million pesos) in 1977. Within five years, he had declared bankruptcy, and his children and wife of 18 years left him.
Janite Lee: The South Korean immigrant won $18 million(900 million pesos) in St. Louis in 1993. Eight years later, the former wig-shop owner was broke. She gave huge sums of money to Democratic Party. She spent thousands on Democratic fundraising dinners, where she sat next to President Clinton twice and once next to Vice President Al Gore. Washington University's School of Law established the Janite Lee Reading Room after she donated thousands. She lost more than $347,000 at casinos. She filed for Chapter 7 bankruptcy in 2001 with $700 left in her bank account.
* Roy Clark: After winning $188,000 (10 million pesos) in the Florida lottery in 1989, Clark, 39, went through his winnings in less than a year, mostly on drinks and limousines. A year later, he was found crushed to death in a garbage truck after apparently falling asleep in a trash bin. He had $10 left in his pocket and was given a pauper's burial.
* Billie Bob Harrell Jr.: In 1997, he won the Lotto Texas jackpot of $31 million (1.6 billion pesos). He purchased a ranch and bought half-dozen homes and cars for himself and other family members. The former Home Depot store worker made large contributions to his church. Twenty months later, he pressed a shotgun barrel against his chest and committed suicide.
* Gary Jenkins: The San Marcos, Calif., resident won $727,000 (35 million pesos)in 1988. A week later, he found his wife dead with her throat cut by her former husband.
* Evelyn Marie Adams: The Point Pleasant woman won the New Jersey lottery twice, in 1985 and 1986, but still managed to lose the entire $5.4 million (260 million pesos). The former manager of a 7-Eleven store ended up living in a trailer.
Sources: Associated Press, Nexis, the Business Insider, The Washington Times.
