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Apr 8, 2024 · They blew through $3 million in the first three months. By the end of the first year, $12 million was in the wind. By 2006, the couple had spiraled into drug addiction; and, just 12 years after the win changed the course of his life, David Lee Edwards died alone and broke in hospice care at the age of 58.
Winning a $112 million jackpot might seem like it would set you up for life, but as Mega Millions winner Cynthia Stafford demonstrated, it's possible to spend it all and go bankrupt in just 9 years. This is how she mismanaged her fortune.
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 ...
Sep 6, 2021 · gorodenkoff / Getty Images/iStockphoto. Suzanne Mullins. Suzanne Mullins won a $4.3 million Virginia lottery jackpot in 1993, which she agreed to split three ways with her husband and daughter ...
May 23, 2023 · Tue, May 23, 2023, 5:15 PM 4 min read. LPETTET / Getty Images. It’s difficult to nail down a reliable statistic related to how many lottery winners go bankrupt. Some sources say one-third,...
Lottery Winners Go Broke Lara and Roger Griffiths spent their lottery jackpot winnings of $2.76 million in 2005 on a million-dollar house, an expensive car and luxurious trips.
Apr 5, 2021 · According to the New York Daily News, 70 percent of lottery winners end up broke within seven years. Even worse, several winners have died horribly or witnessed those close to them suffer....
