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6 lotto winners who lost it all

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The story of the 26-year-old garbage man who frittered away $15 million in lottery winnings — and other tales of luck gone terribly wrong

Want to know how to fritter away a multi-million lottery fortune?

Ask Michael Carroll: The unemployed 26-year-old Brit has blown a £9.7 million jackpot he won in 2002 (approximately $15 million at the time) and is currently hoping to get his old job back as a garbageman. At first, Carroll lavished gifts on friends and family, but soon started spending on less admirable causes: Cocaine, parties, cars, and, at one point, up to four prostitutes a day. "The party has ended," he recently told the UK Daily Mail, "and it's back to reality. That's the way I like it. I find it easier to live off £42 dole than a million." Though Carroll's laid-back attitude might be unusual, it's not that rare for lotto winners to lose their cash. Here, five more average Joes who won it big, for a while:

Money can buy haplessness: After winning $16.2 million in the Pennsylvania lottery in 1988, William 'Bud' Post should have had it made, but that was hardly the case for the shotgun-toting rough rider of Erie, PA. "His problems," reported The Washington Post, "included a brother who tried to hire a contract murderer to kill him and his sixth wife; a landlady who forced him to give her one-third of the jackpot; and a conviction on an assault charge, after Mr. Post fired a shotgun at a man trying to collect a debt at his deteriorating dream house in northwestern Pennsylvania." In 1996, the cash-strapped former millionaire auctioned off the rights to his remaining lotto payments. After repaying his lenders, he was again in the clear — that is, until he bought two homes, a truck, a luxury camper, computers, and a $260,000 sailboat. "I was much happier when I was broke," he said. He died in 2006, on a $450-per-month disability check.

The guy who couldn't catch a break: Vietnam veteran Wayne Schenk thought the $1 million New York lotto he won would pay for his costly lung cancer treatments, but the 51-year-old was wrong. New York lottery officials rejected his request to receive the amount in a lump sum. He only received one $50,000 payment — well short of the $125,000 initial outlay required for the specialized care — before he passed away in 2007.

Fool me once, shame on you: In a bizarre twist of luck, New Jersey resident Evelyn Adams won the state's lottery twice — and managed to squander her $5.4 million total winnings. Adams, a compulsive gambler, spent the bulk of her payout at Atlantic City casinos. She now lives in a trailer. "Winning the lottery isn't always what it's cracked up to be," she later told reporters.

Curse of the Powerball: It was called the gift of a lifetime: West Virginian Jack Whittaker won a $315 million Powerball jackpot on Christmas Day 2002. But when strangers descended on him demanding a piece of the fortune, he turned to alcohol and strip clubs. He also lavished cars, diamonds and cash on his granddaughter, 17-year-old Brandi Bragg. Bragg's life as a normal teenager spiraled out of control; she spent tens of thousands on shopping sprees, diamond stud earrings for boyfriends, chartered planes to Vegas — and lots of crack cocaine. Meanwhile, Whittaker's marriage disintegrated as he became notorious for his philandering ways, once offering a local woman $10,000 to strip and dance around in her panties (she declined). In 2004, two years after Whittaker won his fortune, his granddaughter was found dead of an apparent overdose. With the bulk of Whittaker's jackpot merely a memory, Whittaker told reporters his dream Powerball win had turned into a life's nightmare. "I wish we had torn the [lottery] ticket up," he said.

Philanthropic pauper: Janite Lee, a wigmaker who immigrated from North Korea to St. Louis, won an $18 million lotto jackpot in 1993. She used the winnings to better her community, sinking millions into the construction of a nondenominational church and a reading room at Washington University. She also donated so much to the Democrat National Committee that she was ranked 31st on a list of "soft money" donors — right beneath Boeing. Several of Lee's investments turned sour; she spent hundreds of thousands on gambling. Lee filed for bankruptcy in 1997.

The Week Magazine

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53 comments. Last comment 6 years ago by louise black.
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beaudad's avatar - animaniacs26
Mid Atlantic States
United States
Member #60043
April 3, 2008
1422 Posts
Offline
Posted: June 9, 2010, 7:45 am - IP Logged

In regards to the Michael Carroll Story........"don't quit your day job"     beaudad

" I don't have a gambling problem,  I have a problem winning!"

    rdgrnr's avatar - walt
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
    Offline
    Posted: June 9, 2010, 9:01 am - IP Logged

    I think the Democratic National Committee should give Janite Lee all her money back.

    That would be the "fair" thing to do.

    They didn't come through on the hopey changey thingy.

    I'm sure they'll do the right thing now though and come to her aid the way she came to their aid. It's nice to know they will be returning her money and she can come out of bankruptcy with her head held high and say: "See, I told you so! The Democrat Big Shots will never let you down or turn their back on you!"

    I can't wait to hear the news when they hand her that check! I bet even Michelle will be proud to be an American for the 2nd time in her life! 

    Yes We Can!


                                                 
                         
                                             

     

     

     

     

                                                                                                       

    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                --Edmund Burke

     

     

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19816 Posts
      Offline
      Posted: June 9, 2010, 9:54 am - IP Logged

      Sounds like these players need to win a lottery real bad too.

      http://www.lotterypost.com/thread/215491

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        Avatar
        New Member
        Nevada
        United States
        Member #26473
        November 18, 2005
        6 Posts
        Offline
        Posted: June 9, 2010, 9:54 am - IP Logged

        rdgrnr,

        Amen, Brother

          TnTicketlosers's avatar - Lottery-065.jpg

          United States
          Member #71120
          February 19, 2009
          1209 Posts
          Offline
          Posted: June 9, 2010, 10:05 am - IP Logged

          We've done made plans just in case we win the big one.....You leave town,act poor,disappear into the unknown....

            luckyshoes's avatar - butterfly neg.jpg
            Pennsylvania
            United States
            Member #79502
            September 2, 2009
            6393 Posts
            Online
            Posted: June 9, 2010, 10:57 am - IP Logged

            Do you know how many people would suddenly be calling that you swore couldnt possibly have

            gotten your phone number ????

              Avatar
              Buford. GA
              United States
              Member #4
              April 19, 2001
              853 Posts
              Offline
              Posted: June 9, 2010, 11:28 am - IP Logged

                     I would settle for being a "poor" Lottery reciepient for just a measley million $$$...

              I guarantee there would be a certain Catholic church in Lawrenceville GA benefit from 1/2 my payoff.....

              and 1/2 of what i have left to buy the 4 acres that adjoins my cabin in the N. GA mtns....

              the rest I would put into more gold. Party

               "as long as you win more than you lose...gamblins' not a problem"

                Velocity's avatar - Gin
                PA
                United States
                Member #63548
                August 1, 2008
                25 Posts
                Offline
                Posted: June 9, 2010, 11:38 am - IP Logged

                It's amazing how when some people win the lottery and then lose it all, they sit and complain like it's the lotteries fault. Really? Are you serious? Some of these people need told, "um, it's your fault you played all your money at the casinos, or on drugs, or whatever and lost it. The money was supposed to be a tool to help you live a better life. Instead you wasted it all, so that's YOUR fault." People will just be ghetto no matter if they have $1 or $1,000,000 dollars. If you look at very wealthy people, who have had their money for a long period of time, you really don't see them buying a whole bunch of crap, or spending millions at the casino. And the ones that do, they either overdose on drugs and die, or go bankrupt, look at MC Hammer. People still need to know how to manage their finances, and live on a reasonable budget. The problem with our society- we always live beyond our means.

                  pattyk's avatar - DiscoBallGlowing
                  Williamstown, NY
                  United States
                  Member #82142
                  November 7, 2009
                  335 Posts
                  Offline
                  Posted: June 9, 2010, 11:48 am - IP Logged

                  It would be great to win a HUGE jackpot, I would be happy with enough to pay off bills & get a fresh start!!!!!!--If, God willing I ever do win something HUGE, I pray that I'll do the right things, and not waste it all within a few years.

                    dpoly1's avatar - driver
                    PA
                    United States
                    Member #66141
                    October 16, 2008
                    1672 Posts
                    Offline
                    Posted: June 9, 2010, 12:02 pm - IP Logged

                    You don't have to end up like these people !

                    A big dose of moderation in life will keep you from going broke, and find a nice place where you can live without publicity ! No pictures or interviews when you claim the money !

                    There are people who win and you never hear much of anything about them again ..... don't look for trouble !

                     

                    Here's looking for the first Mega Millions Jackpot winning ticket in PA !

                    No pics or interviews for me !  Dance  Woo Hoooooooooooooooooooooooo !

                      sully16's avatar - sharan
                      Ringleader
                      Michigan
                      United States
                      Member #81740
                      October 28, 2009
                      40293 Posts
                      Offline
                      Posted: June 9, 2010, 3:32 pm - IP Logged

                      sounds like these people were out of control ,probably had other issues in life to begin with.

                      Did you exchange a walk on part in the war ?

                      For a lead role in a cage?

                       

                                                                  From Pink Floyd's " Wish you were here"

                        diamondpalace's avatar - Untitled 2.jpg
                        Dallas, TX
                        United States
                        Member #60284
                        April 12, 2008
                        3856 Posts
                        Offline
                        Posted: June 9, 2010, 4:11 pm - IP Logged

                        They were lucky enough to had a sweet taste and said it was sour.

                          Dr Lottery's avatar - 10847
                          Albany,Georgia
                          United States
                          Member #45615
                          August 24, 2006
                          2135 Posts
                          Offline
                          Posted: June 9, 2010, 5:13 pm - IP Logged

                          I think the Democratic National Committee should give Janite Lee all her money back.

                          That would be the "fair" thing to do.

                          They didn't come through on the hopey changey thingy.

                          I'm sure they'll do the right thing now though and come to her aid the way she came to their aid. It's nice to know they will be returning her money and she can come out of bankruptcy with her head held high and say: "See, I told you so! The Democrat Big Shots will never let you down or turn their back on you!"

                          I can't wait to hear the news when they hand her that check! I bet even Michelle will be proud to be an American for the 2nd time in her life! 

                          Yes We Can!

                          ??? we need to keep our political views to ourself

                          One day I will Hit BIG!!

                            joker831's avatar - Trek COMBADG3.gif
                            Tucson, Arizona
                            United States
                            Member #63404
                            July 27, 2008
                            102 Posts
                            Offline
                            Posted: June 9, 2010, 5:31 pm - IP Logged

                            Just plain stupid.  I know two people who have won lottery jackpots and yes they quit their jobs.  They have bought their dream houses, have nice cars, invested the bulk of their winnings, and now they both just travel and do what ever they want to do because they were smart about it.  One won a 27 million lottery and the other won 23 million.  I still keep in contact with both of them.  They and their families are doing just fine.

                            The possibilites are endless.... might as well start at the begining