With more money, more problems? Managing a windfall
A chance to split a $380 million jackpot. Where's the problem in that?
Sure the money will change the lives of the Mega Millions lottery winners, but it's imperative that they have a sound financial plan. Failure to map out a strategy for their winnings could lead to misery.
A retired man in Washington, Jim McCullar, claimed his prize on Thursday, while the Idaho ticket holder has yet to surface.
The delay in coming forward after Tuesday's drawing means the winners are likely following ...
Jan 10, 2011, 11:43 am - Lottery News forum
Lottery winners say most fun was giving money away
Nancy and Al Mohrbacher lived simple lives in Wisconsin before they won the lottery. And things haven't changed, they said.
Despite the $2.8 million they won earlier this year, they spent the same amount on Christmas presents. They're doing the same things this holiday season that they always do.
The family will come over Christmas morning, and they'll share monkey bread before opening presents and having lunch together.
Our lives are pretty much the same, said Nancy, 67. But it's fun ...
Dec 20, 2010, 7:36 am - Lottery News forum
£9 million lottery winner drank himself to death
A father-of-two who won millions in the United Kingdom National Lottery became so bored after giving up his job that he turned to booze and eventually drank himself to death.
Keith and Louise Gough won 9 million in 2005, and like many others Gough saw the win as the answer to his dreams .
But the couple, who were married for 27 years, separated just two years later after Gough gave up his job and began drinking out of boredom.
Speaking last year Gough lamented the devasta ...
Oct 25, 2010, 2:05 pm - Lottery News forum
Powerball winner breaks ground on latest gift
With great blessings can come great responsibility. Reverend Dr. Solomon Jackson, Jr. won the lottery in 2009, and he turned over the winning, and the blessings, for others.
Jackson has given Morris College the largest donation they have ever received from a single person: $10 million. Monday, he helped break ground on a new building on campus.
I realize that the position that I'm in comes the good and the bad, but I promise to be led by God and if I'm led by God, I can't forget those who ...
Sep 23, 2010, 8:48 am - Lottery News forum
Doctor who won lottery still wants 'to help people'
When Jackson Memorial Hospital doctor Shirley Press heard the buzz nine years ago that someone at work had won the lottery, she told co-workers, That person is going to be such an oddball they aren't going to fit in anywhere.
She quickly learned that she was the oddball. Over the following week, the 50-year-old mother of two teenagers and director of pediatric emergency care would try to keep a semblance of a normal life as word spread about her fortune a lump sum that after taxes amounted t ...
Aug 31, 2010, 6:00 pm - Lottery News forum
$18.5M lottery winner 'scraping by'
'I wish I'd won a billion dollars' not just $18.5M
Ten years after he and his wife won $64 million in the Big Game lottery, Alex Snelius wishes he'd won more money.
The 73-year-old Palos Heights man doesn't want to replace his 2001 Lincoln Town Car. Nor does he want a bigger home (he'd actually prefer something much smaller).
I wish I'd won a billion dollars so I could keep everyone happy, said Snelius, a retired truck mechanic originally from Lithuania. Snelius opted for a single $18. ...
Aug 24, 2010, 10:21 am - Lottery News forum
$183M Maryland lottery winner resurfaces
Lottery 'legend' accompanies mom to claim prize
Updated Aug 2, 2010 at 12:35 pm: Fixed photo caption
Bernadette Gietka, the Maryland Lottery's largest winner to date, received a celebrity's welcome Friday at Maryland Lottery Headquarters.
Bernadette, and siblings Jerry and Lynda, brought their mother, Catherine, to 1800 Washington Blvd. to claim her $1,000 Multi-Match prize.
Greeted by Lottery Director Stephen Martino and applauded by Lottery staff, the humble multi-millionaire descr ...
Aug 1, 2010, 4:48 pm - Lottery News forum
Florida Lottery winner is all business
Owns auto battery shops, plus Daniels driving range
Florida Lottery winner Jason Fry gets a charge out of business ownership.
Three years after collecting a $13.6 million, lump-sum jackpot payout, Fry has opened his second Batteries Plus franchise store in Naples and in September will debut a third in Bonita Springs.
He has also diversified, buying Golf World II in south Fort Myers. The renamed Daniels Driving Range Teaching Center is open for business, and getting a slew of upgrades.
Aug 1, 2010, 3:54 pm - Lottery News forum
'Lucky': a look at the lives of lottery winners, on HBO
Airs tonight at 9 p.m. ET
If it happens to you and the odds are a mere 1 in 195 million that it will what then?
Do you become what you dreamed you would? asks Mike Pace, known to millions of lottery ticket buyers as the man in the tuxedo who was the longtime announcer of the Powerball drawing. Or do you become what you most deeply, secretly are?
Director Jeffrey Blitz's enticing new documentary, Lucky, which airs Monday night on HBO, tries to figure that out. Blitz interviews several ...
Jul 19, 2010, 8:16 am - Lottery News forum
Lottery winner lost money after investing funds
A Towson University student who hit it big on a Maryland Lottery scratch-off ticket said he's found out that a seven-figure prize is not necessarily a ticket to early retirement.
In many ways, Louis Jay's apartment is your typical college bachelor pad, but upon closer inspection, 11 News reporter Kerry Cavanaugh said the 21-year-old student has a state-of-the-art home theater system and stocks only top-shelf alcohol. She said he spends hours online tracking the stock market.
Jan 22, 2010, 8:56 am - Lottery News forum