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Lottery winner flees Spain penniless as bank seizes villa and bar

Topic closed. 26 replies. Last post 6 years ago by butterflykt.

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buttercake's avatar - Lottery-029.jpg

United Kingdom
Member #70550
February 5, 2009
120 Posts
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Posted: January 25, 2011, 10:54 am - IP Logged

A chav is also a person who has no dress sense whatsoever, who are famous for their lack of talent,  people like Cheryl Cole (tweedy) who abused a night attendant,  was very rude towards a contestant called Wagner on the 2010 uk x factor, mimes when singing live has an attitude, but the media in my country thinks she is the nations sweetheart and to whom Simon is appointing to be judge on American x factor and her mini me Cher Lloyd who is a bad rapper/singer, has a bad attitude also and who also appeared on the 2010 x factor, are well known chavs in the UK as a lot of people can't stand them

 

Regarding this man he has a lack of money management, he should have got a good financial advisor and learnt how to save

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    United Kingdom
    Member #70630
    February 7, 2009
    734 Posts
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    Posted: January 25, 2011, 11:11 am - IP Logged

    Don't feel sorry for him. Whose fault was it, anyway?  Some people are fortunate enough to be gifted with such a lottery treasure...that most people would <snip> near die for...and what do they do with it -- squander it. Hey, he might be lucky enough to win again, but I hope he's learned his lesson. Indeed, it was his relatives that did him in, his downfall (so sad and pathetic).

    This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

    Agree agree and agree.

    Sometimes we can't see the woods for tree's, " so we have to clear a path "

      freeobama's avatar - Lottery-057.jpg
      Sunny part of town
      United States
      Member #102877
      December 27, 2010
      224 Posts
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      Posted: January 25, 2011, 6:04 pm - IP Logged

      I believe that if these guys won $100 million each after taxes, they will still be broke today! Money cannot change nasty habits just make them worst! Sad Cheers

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        NY
        United States
        Member #23835
        October 16, 2005
        3474 Posts
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        Posted: January 25, 2011, 7:41 pm - IP Logged

        Seven houses for under $600G? Unless they meant "each", he got some good deals... and got to have more fun than most people ever will. I say buy another ticket. Big Smile

        I'm sure you could have bought homes for a bit under 100k back in '97, but the article doesn't make me think he was the type to buy modest houses. In that case, he would have blown about half right at the start, and then everybody would have hefty bills for upkeep on the houses. Even if I'd won the whole MM myself when it hit $380 million, I'd have invested most of the net and figured I had a very generous, but very fixed income to live on.

          freeobama's avatar - Lottery-057.jpg
          Sunny part of town
          United States
          Member #102877
          December 27, 2010
          224 Posts
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          Posted: January 25, 2011, 8:25 pm - IP Logged

          My advice to jackpot winners is that it is perfectly fine to purchase a multi-million dollar home. You only have one life to live,but make sure you pay off your mansion in full. Then make sure property taxes,electric, and insurance is paid out for the rest of your life. Then make sure you have at least a couple million put up to eat off! last but not least Party,Party and Party!!! Dance

            fwlawrence's avatar - Yavill
            Austin
            United States
            Member #9378
            December 6, 2004
            210 Posts
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            Posted: January 26, 2011, 9:38 am - IP Logged

            Why would such a young guy need a double hip replacement?

              Bondi Junction
              Australia
              Member #57242
              December 24, 2007
              1102 Posts
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              Posted: January 27, 2011, 3:56 am - IP Logged
              One problem was his decision to go public, especially as the UK lottery allows players to remain anonymous; which most winners choose to do.
               
              However, his main problem was his desire to solve all the problems of his relatives; he went broke trying. Many winners think a multimillion jackpot is a license to spent. Such a jackpot can provide financial security, but only if it is managed well. The UK lottery offers winners assistance on getting professional financial advice. I suspect in this case, he would not listen to anyone. He was determined to pick his own losers.
               
              I hope the UK lottery will use this case to illustrate to future winners what not to do.

              We all get a lot out of lotteries!

                savagegoose's avatar - ProfilePho
                adelaide sa
                Australia
                Member #37136
                April 11, 2006
                3300 Posts
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                Posted: January 27, 2011, 7:36 am - IP Logged

                falling over drunk, car crash,  geting into fights>?

                2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                  kalikgirl's avatar - Lottery-062.jpg
                  FREEPORT
                  Bahamas
                  Member #55643
                  October 12, 2007
                  38 Posts
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                  Posted: January 27, 2011, 7:55 am - IP Logged

                  I have been working hard & saving my money to dowhat i want in life! I wish that i could hit the lottery  I do have several plans in place to what i want with the money.

                  Of course help my two brothers finish their house mortages.College Funds for the two nephews and two neices. then my two sisters assist them how ever I can.

                   

                  My business plan. My entertainment, Church, Investments. How can I go wrong??

                  I want to revisit South Africa & Greece.

                    HaveABall's avatar - rocket

                    United States
                    Member #72448
                    March 18, 2009
                    1228 Posts
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                    Posted: January 27, 2011, 1:45 pm - IP Logged

                    Yes, I agree with the poster who posited the problem being "habits."  Coffee

                    Certainly, it's probably a good idea for we members whose objective is to net multi-millions from the lottery, to begin ceasing bad habits now.  For examples:  If one currently takes unnecessary drugs to lessen or cease that negative habit even if it requires obtaining nurse's daily visit assistance and monitoring.  If one currently buys at least one item per week "impulsively" to cease that negative habit.  If one sleeps more than 10 hours per day to cease that negative habit.  If one spends over $14 per week gambling and their analysis indicates loses more than gains each week to lessen or cease that negative habit (this includes investments in stocks, mutual funds, options, and futures).  If one loans money to others and rarely gets paid back near when the IOU indicates, to cease that negative habit.  If one associates with people that don't have mainly positive habits and positive influence on themself, to cease that negative habit (and change their phone #).  The diligent daily selfwork is:  I'll need to spend time analyzing my actions and endeavors and adjusting if they don't lead to positive, satisfactory, or enthralling outcomes.

                    Really, one should presume that with greater net worth, any pre-existing negative habits will quickly become amplified and multiply.  So, one should have a reduction or cease plan in place for negative habits.  It sounds like the problem with both of these big lottery winners was that they began increasing drug usage (not sure if prescription or street drugs, doesn't matter), those drugs clouded their thinking (possibly even deformed brain cells formations), and then this individual spent unreasonable amounts of money on increasing gambling, vacationing, and purchasing, expatriotism ... which caused rapid mental shutting down of their reasoning powers.

                    Having several millions of dollars in my financial accounts means receiving several valuable services each day!

                    Disney

                      OldSchoolPa's avatar - Lottery-057.jpg
                      Gurnee, Illinois
                      United States
                      Member #49731
                      February 12, 2007
                      917 Posts
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                      Posted: January 28, 2011, 8:59 am - IP Logged

                      Yes, I agree with the poster who posited the problem being "habits."  Coffee

                      Certainly, it's probably a good idea for we members whose objective is to net multi-millions from the lottery, to begin ceasing bad habits now.  For examples:  If one currently takes unnecessary drugs to lessen or cease that negative habit even if it requires obtaining nurse's daily visit assistance and monitoring.  If one currently buys at least one item per week "impulsively" to cease that negative habit.  If one sleeps more than 10 hours per day to cease that negative habit.  If one spends over $14 per week gambling and their analysis indicates loses more than gains each week to lessen or cease that negative habit (this includes investments in stocks, mutual funds, options, and futures).  If one loans money to others and rarely gets paid back near when the IOU indicates, to cease that negative habit.  If one associates with people that don't have mainly positive habits and positive influence on themself, to cease that negative habit (and change their phone #).  The diligent daily selfwork is:  I'll need to spend time analyzing my actions and endeavors and adjusting if they don't lead to positive, satisfactory, or enthralling outcomes.

                      Really, one should presume that with greater net worth, any pre-existing negative habits will quickly become amplified and multiply.  So, one should have a reduction or cease plan in place for negative habits.  It sounds like the problem with both of these big lottery winners was that they began increasing drug usage (not sure if prescription or street drugs, doesn't matter), those drugs clouded their thinking (possibly even deformed brain cells formations), and then this individual spent unreasonable amounts of money on increasing gambling, vacationing, and purchasing, expatriotism ... which caused rapid mental shutting down of their reasoning powers.

                      I have a bad habit of being a quality spending tightwad (i.e. I rarely give to charity, bums, beggars, family but I have no problem shelling out a few thousand quid for a first-class plane ticket).  When I win (hey, playing the lottery is all about the dream, right?!!), my strategy for not falling into arrears or financial disaster would be to spend no more than the amount of interest/dividends earned per year.  When I enter into any business deal, I would have my team of lawyers analyze the documents, perform my own due diligence, only put up a percentage that I could afford to lose, and make sure the legal structure shields me from liability.  My bad habit that I would really indulge would be playing some of the best golf courses around the world.  I have no interest in drugs, free-loading women (i.e. prostitutes), and I wouldn't be foolish to enter into any casino to gamble away my luckily earned fortune (if I accompanied someone to a casino, I would spend no more than 20 quid...yeah, like I said, I am a tightwad!).

                      Anyway, it is too bad to hear about people who cannot manage their money, but that reality affects lottery winners, business owners, government officials, military people, rich, middle class and of course, poor alike.  Of course, no one cares to hear about the person making $25,000 who mismanages his/her money...it much more sensational to hear when some lucky soul experiences that misfortune.

                      Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                      The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

                        butterflykt's avatar - Lottery-043.jpg

                        United States
                        Member #102743
                        December 25, 2010
                        108 Posts
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                        Posted: February 8, 2011, 9:31 am - IP Logged

                        I promise that this will never happen to me!

                        All things are possible to those that believe!!!!!!Wink