Sad stories of lotto jackpot winners....
Every week, millions of people buy lottery tickets in the hope that this week, finally, it will be their turn to win big. But is being a lottery millionaire all it’s made out to be? Not according to this sorry bunch...
Who wants to be a millionaire? Most people, surely (except billionaires or course). But sadly, winning a truck-load of money on the lottery, any lottery, comes with a heap of baggage.
Day dreams of a millionaire lifestyle seem to have a habit of turning sour faster than a sub-prime mortgage – isolation, paranoia, drugs, crime, poverty and prison await those who fail to adjust, as this top ten of ‘Lottery Losers’ shows:
1. Jack Whittaker won a record $314.9m Powerball jackpot in 2002.
But life since then has been a long list of arrests, lawsuits, broken relationships and even death. In 2007, his then wife, Jewell admitted she wished she had ‘torn up the ticket’.
2. William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988.
He later described the experience as a ‘nightmare’ and wishes it had never happened – who can blame him after he was sued by a former girlfriend eager to get her hands on the cash and his brother hired a hitman in the hope of inheriting the winnings. He invested in ill-fated family businesses and within a year was $1m in debt. Today he gets by on social security payments.
3. Luke Pittard from Wales won a ‘measly’ £1.3m on the National Lottery.
After the novelty had worn off and the obligatory lavish holiday, wedding and new home were done and dusted, he got bored and returned to work at MacDonalds.
4. An as-yet-unnamed Sicilian won £79m on the Italian lottery in 2008.
Before he or she could even collect the winnings consumer groups were demanding that the windfall be seized by the government. The winner has since gone into hiding, fearing the Mafia will come calling.
5. Janite Lee won $18 million in 1993.
Her generosity in giving money to a variety of political, educational and community causes was commendable – but just eight years later she filed for bankruptcy.
6. Mark Gardiner from London won £11m in 1995.
Thirteen miserable years later, he hasn’t lost his money, but he has lost all his friends - even the ones he treated to new £100,000 homes – and lost touch with his family.
7. Michael Carroll won a £9.7m National Lottery jackpot in 2002.
Since then he has appeared in court more than 30 times and been jailed for drug related offences. In 2008, he admitted that ‘just’ £500,000 of his windfall remained.
8. Willie Hurt won $3.1 million in 1989.
Two years later the money was gone and he was on a murder charge. Hurt spent his fortune on a divorce and crack cocaine.
9. Charles Riddle won $1 million in 1975.
The original lottery car crash, he quickly got divorced, faced several lawsuits and was eventually indicted for selling cocaine.
10. Ken Proxmire won $1 million in the Michigan lottery.
He moved to California, and invested in a car business with his brothers. Five years later, he was bankrupt and back working as a machinist.
Source: Money.co.uk
