$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
Britain's biggest lottery winner says jackpot ruined her life
Emerging from a cramped flat in the run-down Scottish town of East Kilbride, the dowdy middle-aged woman does not look out of place.
Clutching a handful of plastic carrier bags, she struggles down the street alongside the school-run moms and Asbo kids on their way to the chip shop.
The weather has turned her recently permed hair into a shapeless frizz and her lackluster skin is devoid of make-up. Dressed in old jeans and a baggy top, another empty day unfolds.
Her look is not one whic ...
Oct 25, 2007, 10:21 am - Lottery News forum
Texas lottery winner invests in unusual historical motel
A bit of American history quirky and curious, but history nonetheless huddles next to old U.S. 59, past the tractor dealers and the rice mills, just before a green sign that proclaims Wharton's population of 9,237.
It's easy to miss. But it is there, just around the bend: a row of 10 freshly painted, sand-colored tepees.
As in the Tee Pee Motel, a throwback to the 1940s and '50s, when taking a drive was still in style and roadside businesses used gimmicky architecture like a gas stat ...
Sep 24, 2007, 11:56 am - Lottery News forum
Review: Vultures feast on desperate lottery winners
Money for Nothing is a glimpse into a seedy business few will ever encounter.
Edward Ugel writes about the trade of preying on bottomed-out lottery winners, crazy for cash to meet their growing debts, waiting for their next annual annuity check to arrive from the state coffers.
His tale is a colorfully written account by a self-proclaimed overweight, chain-smoking, Krispy Kreme doughnut-eating, fanatical gambler.
For just shy of a decade starting in the late 1990s, Ugel says he worked i ...
Sep 24, 2007, 11:05 am - Lottery News forum
Record powerball lottery winner reflects on sad life
In his darkest moments, Jack Whittaker has sometimes wondered if winning the nearly $315 million Powerball game was really worth it.
The jackpot that was the stuff of dreams turned into a nightmare: His wife left him and his drug-addicted granddaughter his protege and heir died. He endured constant requests for money.
Almost five years later, Whittaker is left with things money can't cure: His daughter's cancer, a long list of indiscretions documented in newspapers and court records, a ...
Sep 14, 2007, 12:45 pm - Lottery News forum