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Australian lottery winner sues daughterNews Story
Claims she overwhelmed him into gifting part of $1 million jackpot By Kate Northrop A would-be happy celebration of a $986,212 (US$661,142) jackpot turned into a drawn-out legal battle after an Australian lottery winner sued his daughter for allegedly pressuring him into sharing some of the winnings with her. Things started going his way when Queensland resident William John Bampton, 92, won a nearly $1 million Australian Lottery jackpot, but he eventually found his family in pieces
Jan 16, 2024, 8:37 am - Lottery News

'You assume all the money noise stops when you finally have it'News Story
What would you do if you suddenly came into a large amount of money? Would you upgrade your home and invest the rest, putting just a little aside to build a shelter for orphaned orang-utans, just as you once said you would? Actually, you're far more likely to drive a succession of sports cars into swimming pools a visual representation of the proverbial car crash your life is likely to become as you fritter away your cash bonanza. A study at Vanderbilt University in the US found that lottery
Oct 14, 2019, 9:19 am - Lottery News

UK factory worker claims £71 million EuroMillions lottery jackpotNews Story
A factory worker who has won 71 million (US$80 million) in the multi-country EuroMillions lottery is quite happy to admit it bloody well will change his life. Ade Goodchild, 58, was the only winner of the 71,057,439 prize on Friday. He told a news conference he will retire after 24 years as a metal worker in Hereford, travel the world and buy a home with a swimming pool. Being single, he denied he was suddenly more attractive overnight, saying, Just my wallet is. Mr. Goodchild is th
Apr 10, 2019, 8:26 am - Lottery News

Survey: Many investors would make questionable decisions after winning the lotteryNews Story
The odds of winning the Powerball jackpot are a slim 1 in 292,201,338; the Mega Millions is 1 in 302,575,350. But that doesn't stop people from dreaming about how they'd handle a big-ticket lottery win. Asked to allocate a multimillion-dollar lottery win, consumers said they would put roughly two-thirds into savings saving an average 52 percent of the prize for themselves and 16 percent for others, according to a new survey from TD Ameritrade provided exclusively to CNBC.com. Of the remaining
Dec 19, 2017, 9:18 am - Lottery News

Australian lottery winner accused of hiding win reaches deal with pool membersNews Story
A group of people who sued a Melbourne, Australia, co-worker after he allegedly failed to distribute the winnings of a AU$16.6 million (US$12.3 million) lottery pool ticket have reportedly struck a deal with him. However that deal may not include an agreement to share the jackpot with the members of his lotto pool. The Geelong man is accused of keeping the big win to himself, cheating the other members of the pool out of their share of the $16.6 million group draw last October. A Curren
Jul 13, 2015, 9:20 am - Lottery News

Sick mother accuses daughter of stealing $1 million lottery prizeNews Story
A dollar and a dream has turned into a $1 million legal nightmare with a Brooklyn, New York, woman accusing her daughter of running off with her jackpot. In papers filed in Brooklyn Supreme Court, Barbara Quiles says her daughter, Linza Ford, has absconded with her winnings. It's heartbreaking what she's done, Quiles, 51, said Tuesday night. God is on my side. God doesn't like ugly and this is ugly. The mother says she suffers from lupus, bulging discs, spinal stenosis and has had two
May 27, 2015, 7:53 am - Lottery News

Big lottery winners offer advice, cautionary tales as $500M Powerball drawing approachesNews Story
So you just won the $500 million Powerball jackpot, the second highest in lottery history. Now what? Perhaps it's time for a tropical vacation or a new car. There are bills to pay, loans to settle, debts to square. Past winners of mega-lottery drawings and financial planners have some more sound advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust. I had to adapt to this ne
Nov 28, 2012, 9:08 am - Lottery News

Lessons Learned: Lottery winners should never eat their seed cornNews Story
You surely have fantasized about what you'd do after winning one of the big lotteries. First, of course, on your buy list would be a hot, red convertible. Then, when spring arrives, you and a significant other could drive the convertible to Winter Park in the Denver area, to shop for a log second home in the $400,000 price range. With that mission accomplished, you might return to Nebraska and pay off the mortgage of every family member. Finally, you'd schedule a friends-and-family Cari
Mar 13, 2006, 7:57 am - Lottery News

Deceased lottery winner's kids finally get their inheritanceNews Story
The children of an illiterate Massachusetts man who became an overnight lottery millionaire will get to share in their inheritance, thanks to a judge who has seen to it their high-rolling cousin's luck has run out.Before his death from heart disease on Jan. 22, 2001, at age 42, Rusty Thompson, who had two daughters by an ex-wife and a son by a fiancee, asked his nephew, Rocky Jace, to make sure his two families were taken care of with the windfall from the Instant Millions scratch ticket he had
Jul 8, 2005, 2:03 pm - Lottery News

Secret Lottery millionaire leaves fortune to charitiesNews Story
A reclusive elderly woman has left her secret Lottery fortune to charity.Gail German hit the jackpot when she won 1 million (US$1.92 million) playing the UK Lotto, but no one in the tiny hamlet where she lived knew about it.When she died, most of the money was split between her local church, a hospital and hospices.Despite the big win, she continued to live alone in the small rural cottage where she had grown up until her death, aged 53.She left the house and its garden in Catsash, near Newport
Dec 29, 2004, 8:26 am - Lottery News