Winning the lottery is a great blessing and shouldn’t be taken lightly. With great power comes great responsibility…I’m sure we’ve heard that before somewhere…..*cough, Spiderman*. Taking the jackpot money and rushing to frantically fulfil years of built-up desires without any financial advice can lead you down the path of ruin. It’s so important to stay calm, consult professionals and you’ll never end up like these poor suckers…
10) Amanda Clayton
Amanda won $1 million back in 2011. Winning a jackpot of this size is great, but you must realise that it’s not a big enough sum to set you up for life. She was 25 when she struck it lucky on a game show run by the Michigan lottery.
Having all this money didn’t stop her from applying for and receiving food stamps from the welfare commission in Michigan. Amanda thought she was being smart and cutting costs when actually, she was breaking the law. Her actions eventually led to a fraud conviction and she went on a 9-month probation. She didn’t live much longer after that. In September of 2012, she was penniless and died of a possible drug overdose.
9) Evelyn Adams
The New Jersey resident won a total of $5.4 million. Once in 1985, and the other, a year later. She struck it lucky twice! That didn’t turn out well for her, though. Caught between the pressure of helping her family and friends out, all her money was gone by 2011. She now lives in a trailer.
8) Jay Sommers
Jay won 20% of a $28.9 million Michigan lottery jackpot. He later admitted that he was too young to have had such a big win happen in his life. In three months he had already spent $290,000 on five cars, mostly. He turned to his friend for help, who was a financial advisor, but he didn’t help him. He now pays his bills working as a pizza delivery boy.
7) Sharon Tirabassi
Sharon is from Hamilton in Ontario, Canada. She became 10 million CAD richer on the lottery, but by the time she was done buying cars, a house, exotic holidays and hosting lavish parties, she was back where she started: riding the bus to her part-time job and living in a home that she now rents.
She wasn’t one of those who spent absolutely everything, though. She was smart enough to put some money aside in trust funds for her children at least. In interviews, she has expressed her positive attitude about the matter. She said that she really enjoyed the fun while it lasted but said that it was time for her to get back to reality.
6) William “Bud” Post III
Will had a rough life until his windfall came his way in 1988. He won $16.2 million in the Pennsylvania State Lottery. Before his death in 2006, he worked odd jobs. He spent the majority of his childhood in an orphanage and at the time of his lottery win, he only had $3 left in his bank account and had to take out disability grants.
He accepted his lottery winnings in the form of instalments, so his annual payout came to $497,953.47 for 20 years. He splashed his cash on a plan, luxuries for his siblings and a mansion. All of which sent him deep into debt. He soon went bankrupt and his brother tried to kill him and his sixth wife. She used to be his landlady and forced him to give her a third of his winnings. She also tried to assault him. He tried his best to erase his debts by selling off his mansion and auctioning his 17 remaining lottery annuities.
He was arrested in 1992 on an assault conviction and served a prison sentence. After that, we went back to living his day-to-day on a small disability welfare grant.
5) Janite Lee
Her $18 million lottery windfall lasted longer than others. She chose the annuity option, receiving her cash in instalments of $620,000. She lived a wealthy lifestyle of eight years in St. Louis and made donations to the Washington University, bought luxury items and funded political campaigns. All of this ended up draining all of her money. In 2001 the former gift shop owner filed for bankruptcy.
4) Jeffrey Dampier
His $20 million lottery win in 1996 was unfortunately followed by misery. He also got divorced soon after. He moved to Tampa, Florida and decided to open up a gourmet popcorn shop. He then remarried. That’s when things took a nasty turn. He had an affair with his sister-in-law, and she was 16 at the time. She fell pregnant and had to have an abortion too, which Jeffrey paid for.
It ended with Jeffrey being murdered. According to the Tampa Tribune, Victoria Jackson, his ex-wife, was the one who murdered him. She was sentenced to three life terms in 2005. Her boyfriend, who acted as her accomplice, also served a similar sentence.
2) Abraham Shakespeare
His life ended up being just as tragic as a play that Shakespeare himself would write. His troubles lay in the stars he won $31 million on a Florida jackpot. Three years later, he disappeared after having given away most of the money to anyone who asked for some. His body was found under a concrete slab in 2010. DeeDee Moore, a woman who agree to manage his remaining $1.8 million, was convicted in 2012 of first-degree murder.
1) Andrew Jack Whittaker Junior
Andrew won $314 million back in 2002 on Powerball. The West Virginia local chose to get his money as a lump sum payment of $170.5 million before taxes. It clearly wasn;t enough for this winner, because he managed to blow nearly all of it.
He donated 10% to charity, $14 million to a namesake foundation, bought a new truck for the store clerk worth $125,000, spent money on strippers and also gambling.
The fame led to the murder of his daughter and theft of $500,000 in cash which he carried in a suitcase. In the end, he was sued over bounced check amounting to $1.5 million at Caesars Atlantic City Casino. He later claimed that all his money was stolen through forged checks.
Aaaaand we’re back to reality. Don’t de disheartened by all these stories. For one thing, it should make you laugh, because if you’re playing on PlayHugeLottos.com that means you’ve got your act together. You have common sense being with the best online lottery service provider in the industry.
Winning the lottery is one of the best things that could happen to you. These stories aren’t here to scare you. They’re simply here as a reminder of how money can take control over your life if you aren’t in command of how you spend it.
Play the lottery online today. Be the next millionaire who proves all the other big winners wrong!