Winning the lottery, for some lucky people, is a dream come true. However, mismanagement, envy, scams and unnecessary spending have influenced many of the winners to end up worse than they started. We present some cases below.
1. Alex Toth
Excessive lifestyle caused Alex Toth, a Florida resident, to lose the $13 millions of dollars he won in the lottery. Despite who chose to receive the prize in annual payments of $666,666 dollars, in the end he went bankrupt. He entered a mental institution after separating from his wife and being accused of tax fraud. He died in 2008 at 60 years.
two. Curtis Sharp
Curtis Sharp won $5 million dollars playing the lottery in New York at 1982. Sadly his wealth story didn’t last long. His multiple failed marriages absorbed much of his newfound wealth, as did his casino visits, reckless spending and donations.
3. Lisa Arcand
A Massachusetts resident won $1 million dollars after playing the lottery at 2004. Everything disappeared in less than four years. Lisa bought a furnished house and took several luxurious vacations. A bad investment wiped out his entire fortune when he opened a restaurant in his hometown that had to close a short time later due to its lack of success.
4. Evelyn Adams
She made history when she won two multi-million dollar prizes in New Jersey in 1982 Y 1986. In total she pocketed $5.4 million dollars. Like several winners she gambled away a lot of the money, she spent on various gifts for her family and made bad investments. Forbes said that at In the end she ended up moving into a trailer.
5. William Post
William Post won $54.2 million dollars in the Pennsylvania lottery in 1988 . Fortune did not last long. By the following year he already owed $1 million dollars. In a short time he dedicated himself to buying houses, boats, cars and a twin-engine plane that didn’t even have a license to fly. In addition, his ex-girlfriend sued him for part of his earnings and his brother hired a hit man to kill him, according to Forbes. In the end he died bankrupt in 2006.
In contrast to these stories, there are cases where, beyond a tragic end, lottery winners took advantage of his fortune and even made it grow by helping their community and loved ones .
For those who want to play the lottery for the first time, these are some of the most important in the country.
It may interest you:
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