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Jul 29, 2022 · Ahead of huge Mega Millions drawing, how these lottery winners became big losers. By. Michael Kaplan. Published July 29, 2022. Updated July 30, 2022, 3:32 p.m. ET. 0 seconds of 2 minutes, 29 ...
- William Bud Post. Post won Pennsylvania's $16.2 million jackpot in 1988, the Beaver County Times reported. This was the start of a series of unfortunate events for Post.
- Janite Lee. The St. Louis Post Dispatch reported Janite Lee, an immigrant from South Korea, worked in a wig shop before she won $18 million in the Illinois Lottery in 1993.
- Abraham Shakespeare. In 2006, Shakespeare won $30 million in a Florida lottery, and three years later he was murdered. The 47-year-old was shot twice in the chest by DeeDee Moore, who befriended Shakespeare after his lottery win, according to ABC News.
- Denise Rossi. In 1997, Rossi won $1.3 million in the California lottery and immediately filed for divorce from her husband, People reported. Two years later, Rossi's husband discovered she won the lottery and took her to court.
- Jack Whittaker. In 2002, Jack Whittaker won a $314 million Powerball jackpot which, at the time, was the biggest lottery prize in history. The West Virginia construction worker, known for his outsized cowboy hats and even bigger personality, remains one of the most extreme cautionary tales about the lottery’s power to ruin lives.
- Lara and Roger Griffiths. Lara and Roger Griffiths’ marriage ended in divorce less than a decade after the British couple won a $2.19 million jackpot. Roger chased his rock star dreams and spent big bucks for his band to release an album.
- David Lee Edwards. Five years after Kentucky resident David Lee Edwards won a $27 million jackpot, he was penniless and living in a storage shed with his wife.
- Mickey Carroll. Mickey Carroll was only 19 when he won a British jackpot that sent him into early adulthood with the equivalent of $11.8 million. The media dubbed him the “Lotto Lout” as the young winner tore through his newfound fortune with astonishing speed.
Aug 25, 2017 · Here’s why lottery winners go broke. $758.7 million Powerball winner already broke one rule. What else not to do. After winning the biggest undivided jackpot lottery in U.S. history, Mavis L ...
- 59 sec
- Who Is Cynthia Stafford?
- How Much Money Did Cynthia Stafford Win?
- How Did She Spend Her Money?
- What Happened to Cynthia Stafford?
- Conclusion
Cynthia Stafford was working as an account executive at a computer technology firm and struggling to raise five children when she won the lottery in May 2007. She had taken in her late brother’s kid after he had passed away in a car accident and was raising them in a 1,100-square-foot home in Hawthorne, California. In addition to looking after the ...
Stafford was lucky enough to win a $112 million jackpot from the California Mega Millionslottery. She was given a choice between picking up the money at the state lottery centre or receiving a cheque in the mail. Of course, she also had the option of receiving instalments. Wanting to choose “the most exciting option”, Cynthia took the one-time paym...
Cynthia’s number-one priority when she received her prize money was to make her family’s life better. She gave some money to her father and brother, and started looking for a new house for her and the kids. She asked the kids what they wanted in a new house, and they unanimously answered that they wanted a pool. So, being the good, loving mother th...
Cynthia says that in the years following the big win, she spent some money on small luxuries for herself. She hired a trainer and took a trip to Paris. She then started giving back, donating to charities she had admired for years. She also continued to play the lottery, in the hopes of becoming a multi-lotto winner—yes, such lucky people do exist! ...
Cynthia Stafford used her money to invest in something, but the venture was still a risk. Future winners can learn from her story by remembering to always invest at least some of their money in safe, low-risk ventures and to always work with a reputable financial adviser—just like Jason Rinaldidid. However, since Cynthia stated that she was still p...
Sep 6, 2021 · Callie Rogers was another lucky Brit who cashed in big at a very young age, but she was even greener and less prepared to manage her money than Mickey Carroll. When Rogers won the equivalent of $2 ...
Mar 31, 2024 · 20 lottery winners who lost it all — as a $935 million Powerball jackpot is still up for grabs. Written by Mark Abadi , Lauren Frias , Kelsey Vlamis , Erin Snodgrass , Katie Balevic, and Hannah ...
