We have all dreamed of winning the lottery and how we would spend the money, but very few people actually see that dream come true. Unfortunately, around a third of the lottery winners are broke within a few years. They are obsessed with the lifestyle and blow their profits on exotic vehicles, shopping trips, fancy homes and lavish vacations. It doesn’t take long for them to find themselves in a worse situation than they were before their victorious moment. Here are ten lottery winners who lost everything.
See also: 10 bold lottery scams and scandals
10 Lisa Arcand
The very first thing Lisa Arcand did when she won the lottery was a $ 3,000 party for all of her friends. The single mom won $ 1 million in the lottery, but the money wouldn’t last long. It was less than four years before Arcand fell behind on bills.
Arcand took her profits and bought a house with new furniture, took a few trips, enrolled her son in a Catholic school and opened her dream restaurant. She spent $ 50,000 from a savings account to open the seafood restaurant, but business was sluggish at first. Business never picked up, and she had to close the restaurant when she could no longer afford the bills and was in debt.
9 Martyn & Kay Tott
A couple who regularly bought the same number of lottery tickets missed a weekly draw and it was time consuming. Martyn and Kay Tott bought lottery tickets every week with the same numbers, six for his birthday, seven for her birthday, eleven for their engagement day, 23 and 32 for their age when they met, and 44 for his grandmother’s house number. The Tott’s saw a news broadcast that someone close to them had won the lottery, but the winning ticket was not claimed. They immediately realized the winning numbers were theirs, but there was one big problem: they couldn’t find their ticket.
Martyn contacted the lottery company Camelot to prove that the numbers were theirs, but the company eventually informed them that they would not receive the winnings. Camera recordings in the supermarket have proven that they bought the lottery ticket. He fought Camelot in court for years but was never successful. The situation engulfed his life so much that his wife divorced him, he began to drink heavily, and never received any money. He later found happiness with a new career and girlfriend and tries to be grateful for what he has, but they never received any money from the lottery.
8th Lara & Roger Griffiths
Lara and Roger Griffiths were just an ordinary working class couple living in West Yorkshire when they hit a jackpot of $ 2.4 million. The couple even quietly celebrated the victory at home with a bottle of champagne and an Indian snack. However, this simple celebration would be the last day of their ordinary life.
Within a week of winning the lottery, the Griffiths quit their jobs, bought a convertible Audi and stayed at a five-star hotel during a trip to Dubai. They also upgraded to a nicer home, outfitted the house with fancy furniture, enjoyed shopping, and went on more lavish vacations. Her life got out of hand when Roger started drinking and Lara spent money to look better. The prize money soon went down to almost nothing and the couple eventually filed for divorce.
7th Freddie Young
Freddie Young was part of a group that played the lottery together, and they were actually lucky enough to have their numbers come out as winners in February 2011. The group won a jackpot of $ 46 million and each person in the group received a cash award of $ 1.6 million. Because of Young’s actions, he was only able to enjoy this money for a few months.
In May 2011, Greg McNicol was murdered in front of an apartment building he owned. McNicol and Young’s daughter argued over two months of unpaid rent, and Young shot McNicol to death. Young claimed he didn’t realize he was holding the gun until it was fired, but a jury eventually found him guilty. Young was sentenced to 25 to 30 years in prison. McNicol’s wife filed an unlawful death lawsuit and a judge froze Young’s money.
6th Willie hurt
In 1989, Willie Hurt won $ 3.1 million in Michigan’s Super Lotto, but it wasn’t long before he was broke and in jail. His life went downhill after he divorced, lost custody of his children, and used drugs regularly. In 1991 he was arrested for murdering a woman for crack cocaine.
Wendy Kimmey was found dead at the Burkewood Inn after being shot in the head. Hurt had lived in the inn for about three weeks. Several witnesses claimed they heard Kimmey and Hurt arguing, and they believed he was angry because she couldn’t find crack cocaine. He was ordered to undergo a psychiatric examination and, if convicted, would face life in prison.
See also: 10 damn lottery winners
5 Janite Lee
Janite Lee won $ 18 million in the Illinois Lottery in 1993. She opted for approximately $ 620,000 annually in installments. Lee was very generous with her profits and spent most of her annual payments on philanthropic and political donations.
Her contributions made her popular with several politicians and earned her seats at dinner alongside Bill Clinton and Al Gore. Washington University School of Law put its name in the reading room because of its generous donation. She gave and gave and gave until there was nothing left to give. In 2001, Lee sold the rights to her annual payments and filed for Chapter 7 bankruptcy. She claimed she was only $ 700 and more than $ 2.5 million in debt.
4th Suzanne Mullins
In 1993, Suzanne Mullins won a $ 4.2 million lottery and opted for annual payments. The generous woman planned to share her winnings with her family, but the money was short-lived. Within five years of winning the lottery, Mullins’ bills piled up. She turned to a financial foundation for a loan in hopes of catching it up. Mullins claimed she was going into debt after paying a total of $ 1 million in medical bills for her son-in-law. Broke about ten years after winning, she owed the foundation more than $ 150,000 for which she was sued.
3 Bud Post
William “Bud” Post is possibly one of the unlucky lottery winners in history. In 1988, Post won a whopping $ 16.2 million in the Pennsylvania Lottery. He was broke and living on disability payments when he entered the lottery, but more money meant more problems for the Post. It only took three months for Post to burn its money and go into debt.
Within two weeks of receiving his first annual payment of $ 500,000, Post bought a restaurant, a used car parking lot, and an airplane. Months later, he was in debt for $ 500,000. His family let him invest in worthless businesses and his landlord convinced him to hand over a third of his money – but that wasn’t even the worst news for the Post. His brother was arrested for hiring a killer to kill Post and his sixth wife. He eventually filed for bankruptcy, served a brief period in prison for shooting a bill collector, and died in 2006 of respiratory failure.
2 Evelyn Adams
We all understand that the chances of winning the lottery once are extremely slim, but just imagine winning the lottery twice! This is exactly what happened to Evelyn Adams, a supermarket employee in New Jersey. She won her first jackpot in October 1985, which totaled $ 3.9 million, and her second win earned her $ 1.4 million in a lottery in February 1986.
When Adams received the money, she paid her bills, bought a new car, and set up a college fund for her daughter. She then got generous with her money and gave it to people who asked for financial assistance, but she would eventually break her generosity. Not only did she give away her money, but she also developed bad gambling addiction. Twenty years after her historic victories, she ran out of money and lived in a trailer park.
1 Sharon Tirabassi
Imagine winning $ 10 million and running out of business a decade later. Sharon Tirabassi, 35, from Hamilton, Ontario, won the Ontario Lottery for $ 10,569,000. When she first received her winnings, she immediately shared the money among her family. Her parents received $ 1 million and $ 1.75 million was split between her siblings. She was also generous to others, buying houses, paying people’s rent, and offering credit for business activities.
She’s been a little reckless with the money over time, buying a Hummer, Mustang, Charger, and Escalade, plus several vacations in places like Cancun and the Caribbean. It wasn’t long before she realized she was running out of money and the rest of her winnings were put into a trust for her six children that will be available when they turn 26. Tirabassi is now back in the working class where she has a part-time job, lives in a rented house and takes the bus.
See also: 10 people who successfully played the lottery
About the author: “I’m just another bearded guy trying to write my way through life.”