Lottery winner flees Spain penniless as bank seizes villa and bar

Comment #26

butterflykt — Tue, 08 Feb 2011 14:31:29 GMT

I promise that this will never happen to me

Comment #25

OldSchoolPa — Fri, 28 Jan 2011 13:59:29 GMT

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 docum... [ More ]

Comment #24

HaveABall — Thu, 27 Jan 2011 18:45:59 GMT

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

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... [ More ]

Comment #23

kalikgirl — Thu, 27 Jan 2011 12:55:27 GMT

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.

Comment #22

savagegoose — Thu, 27 Jan 2011 12:36:43 GMT

falling over drunk, car crash, geting into fights

Comment #21

myturn — Thu, 27 Jan 2011 08:56:05 GMT

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... [ More ]

Comment #20

fwlawrence — Wed, 26 Jan 2011 14:38:31 GMT

Why would such a young guy need a double hip replacement

Comment #19

freeobama — Wed, 26 Jan 2011 01:25:06 GMT

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

Comment #18

KY Floyd — Wed, 26 Jan 2011 00:41:27 GMT

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.

Comment #17

freeobama — Tue, 25 Jan 2011 23:04:21 GMT

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

Comment #16

billybouy — Tue, 25 Jan 2011 16:11:16 GMT

Agree agree and agree.

Comment #15

buttercake — Tue, 25 Jan 2011 15:54:25 GMT

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

Comment #14

sully16 — Tue, 25 Jan 2011 11:46:34 GMT

Thats why 3 digit is my main focus.

Comment #13

Instyle — Tue, 25 Jan 2011 11:21:25 GMT

You know what people, we read this stories all the time, and I have to admit.....

I JUST DON'T GET IT!

For somebody like me who has it written down steps to take when i win..... (lol) ; i see know since i have a plan, Im destine not to win. I 'm with you sully, I do save/ and work hard, speaking of........ got to go .

Live and Learn

Comment #12

time*treat — Tue, 25 Jan 2011 00:18:08 GMT

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.

Comment #11

dphillips — Mon, 24 Jan 2011 22:31:05 GMT

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... [ More ]

Comment #10

TheOtherOne — Mon, 24 Jan 2011 22:25:43 GMT

...and that sums it up entirely

Comment #9

Spare Change — Mon, 24 Jan 2011 21:18:12 GMT

A fool and his money were lucky to get together in the first place.

Comment #8

BoBoMcQuickfeet — Mon, 24 Jan 2011 18:06:40 GMT

According to Wikipedia, a Chav is UK slang for aggressive teenagers, of white working class background, who repeatedly engage in anti-social behaviour such as street drinking, drug abuse and rowdiness, or other forms of juvenile delinquency.

Sounds exactly like the kind of person you'd want to give a large sum of cash to.

Comment #7

petergrfn — Mon, 24 Jan 2011 18:02:19 GMT

This guy had some bad things happen in his life which some could probably been avoided if he'd claimed it quietly without going public. But I don't really buy into Lottery Curses and ascribe every BAD event in someone's life to winning a jackpot. It seems some sound financial advice should be sought by these people....Maybe I don't know much about how much things cost in Europe but seems trying to retire and buy a villa in Spain was a little much with a jackpot of ($8million). Perhaps he overest... [ More ]

Comment #6

zerxfi — Mon, 24 Jan 2011 15:24:19 GMT

what is a Chav

Comment #5

billybouy — Mon, 24 Jan 2011 14:11:39 GMT

Strange now they are poor they are happy, do you realy need that amount of money.

Comment #4

savagegoose — Mon, 24 Jan 2011 14:05:18 GMT

i really dont know what to say. somehow trying to suggest something sensible would be a moot point. 13 years is a good innings. and they both came thru it alive! more than some winners can claim.

Comment #3

billybouy — Mon, 24 Jan 2011 14:00:54 GMT

Money is for spending,but sensibly.

Comment #2

sully16 — Mon, 24 Jan 2011 13:51:41 GMT

Yikes, I am glad that I am a saver.

Comment #1

billybouy — Mon, 24 Jan 2011 13:44:00 GMT

Terrible tragedy perhaps money management is what is needed, to help people not to go off the rails, otherwise its a case of a fool and his money.

Lottery winner flees Spain penniless as bank seizes villa and bar

Lottery Post — Mon, 24 Jan 2011 13:22:16 GMT

When Lawrence Candlish won 5.5 million (US$8.8 million) playing the National Lottery in 1997 it promised to make his dreams come true, including buying himself the double hip replacement he needed.

The generous factory worker immediately shared his fortune with his many relatives, shelling out 370,000 (US$590,000) to buy seven houses in the same street in Gateshead, Tyne and Wear so that they could be close together.

Eventually he moved with his family to Benidorm on Spain's Costa Blanca t... [ More ]