Young lottery winner discusses investment challenges
After winning million dollar lottery, Wall Street woes bring troubled times
By Louis Jay
Louis Jay is a sophomore pre-business major at Towson University and the former online editor of The Towerlight.
About a year ago you would have seen me on television promoting the Maryland Lottery, Let Yourself Play. You may have heard the story.
I spilled a Tropicana Coolatta on myself. My grandmother, in her old Jewish wisdom, always said that if you spill something on yourself on a special da ...
Oct 22, 2008, 9:21 pm - Lottery News forum
Lottery-winning couple's White Sox love story
Alex Snelius remains true to team he and his late wife loved
If you're a faithful viewer of White Sox television broadcasts, you've heard the name Alex Snelius, and most of you have probably wondered who he is.
Snelius is synonomous with White Sox home runs. Every time they go yard, he donates $100 dollars in memory of his wife, Ursula, who was a huge Sox fan.
From the time I met my wife, Sox, always Sox, she loved it so much, Snelius said. The first time I seen her I fell in love ...
May 21, 2008, 12:48 am - Lottery News forum
Lottery winner facing tax fraud trial dies
Editor's Note: A less in-depth news story about this lottery winner was posted earlier today: $13 million Florida Lotto winner dies a pauper
Former lottery multi-millionaire Alex Toth, who was broke and facing tax fraud charges, has died at the age of 60.
Toth was scheduled to go on trial in June, accused of filing fake tax returns with his wife, Rhoda, who has pleaded guilty and is awaiting sentencing.
By the time the couple were charged in 2006, authorities said they appeared to have ...
Apr 25, 2008, 7:12 pm - Lottery News forum
$13 million Florida Lotto winner dies a pauper
A former Florida Lotto multi-millionaire has died nearly broke.
Alex Toth's attorney says he was ill and still facing federal tax fraud charges when he died at age 60. The county health department says he died April 5 but a cause was not listed.
Alex and Rhoda Toth won a $13 million jackpot in 1990. But the Pasco County couple say most of the money ran out years ago, spent on gambling, gifts and luxuries.
They were charged in 2006 with filing false tax returns. Alex Toth was scheduled t ...
Apr 25, 2008, 2:37 pm - Lottery News forum
$10M lottery winner squanders fortune
He does odd jobs to make ends meet, claims welfare benefits, and lives in a 15 (US $30) a night guest house.
It's hard to believe that just three years ago, ex-British soldier Peter Kyle hit the lottery jackpot of 5.1 million (US$10.1 million).
Today, the 55-year-old divorc e has squandered all his winnings and is virtually destitute, reported The Daily Mail. It is claimed he also owes money.
A source told The Daily Mail that Kyle lost his money after making a string of ill-advised in ...
Apr 14, 2008, 11:24 am - Lottery News forum
Some lottery millionaires can't wait to return to work
Many of us, if we won big in the lottery, would have one item at or near the top of our to-do list: never work again.
But when Camelot, operator of the UK National Lottery, polled 100 of its lottery millionaires, the results threw up a few surprises. Of those working before their win, a third chose to go on working, with half of them remaining full-time. (And of the two-thirds who have ceased the daily grind, half admitted to missing work.) With a million-plus jingling in your back pocket, wh ...
Mar 25, 2008, 10:42 am - Lottery News forum
Mega lottery winners to leave 'check-by-check' days
Day three in the lives of Georgia's newest multi-millionaires began with a round of interviews on Monday morning television shows for the winners of Friday night's $270 million Mega Millions jackpot.
Robert and Tonya Harris were expected to present their winning ticket to Georgia Lottery officials later in the day for validation, but Tonya Harris said early Monday that the couple's family was already plotting ways to spend some of the windfall.
Robert Harris, a 47-year-old iron worker from ...
Feb 25, 2008, 4:42 pm - Lottery News forum
£10 million lottery winner blows fortune, in debt
When hospital porter John McGuinness won a 10 million (US$19.5 million) British National Lottery jackpot, he thought his good fortune would never end.
Eleven years later, he is deep in debt, looking for a job and applying for public housing.
Some say it's all because he accepted an invitation to join the board of a football (British soccer) club.
Thanks largely to a disastrous 4 million investment in the lowly Scottish side Livingston FC, McGuinness, 44, owes more than 2 million and is ...
Feb 12, 2008, 9:00 am - Lottery News forum
Mega lottery winner to open school for witches (well, not quite)
Believes 'gods' want him to 'take the bull by the horns'
Ellwood Bunky Bartlett Mega Millions lottery winner, Wiccafn high priest, recently retired accountant would like to clear up a few misconceptions about his plans for a witch school.
Yes, he'd like to start a pagan seminary. But no, it's not going to be some sort of Hogwarts-on-the-Patapsco, with precocious adolescents running around in wizard hats and casting spells.
Bartlett instead envisions the place as sort of a yeshiv ...
Nov 5, 2007, 3:16 pm - Lottery News forum
Lottery winner buys spectacular wilderness area
Lottery multi-millionaire Matthew Moore is the new owner of a spectacular wilderness area at Polletts Cove in northern Cape Breton, Nova Scotia.
Moore, whose name appears on a deed registered with the province's land information office, was not available Tuesday to talk about his plans, but hikers and other outdoor adventurers who treasure Polletts Cove hope it will remain in a pristine state that is available to the public.
Realtor Tom Childs of Tradewinds Realty who handled the sale said ...
Oct 31, 2007, 10:02 am - Lottery News forum