He won $19 million in the lottery — and became a bank robber
The first time Jim Hayes robbed a bank, at age 55, he gave himself a pep talk.
The former security guard a clean-cut guy with silver hair and a doughy physique stood frozen next to the entrance of Montecito Bank Trust at a strip mall in Carpinteria, a mellow beach town about 12 miles southeast of Santa Barbara. Hayes had stuffed a pillow in his shirt and pulled a Zoo York cap low over his face. It was 5:15 p.m. on April 27, 2017 and he'd spent weeks researching how to pull off the heist. Now, ...
Sep 30, 2018, 11:38 am - Lottery News forum
Money really does lead to a more satisfying life
New research suggests that more money really does lead to a more satisfying life. Surveys of thousands of Swedish lottery winners have provided persuasive evidence of this truth.
Lottery winners said they were substantially more satisfied with their lives than lottery losers. And those who won prizes worth hundreds of thousands of dollars reported being more satisfied than winners of mere tens of thousands.
These effects are remarkably durable. They were still evident up to two decades aft ...
Aug 25, 2018, 8:25 am - Lottery News forum
Texas lottery winner battled Alzheimer's as daughter stole $250,000
Not long after Austin widow Billie Lawler matched all five numbers in the Mega Millions in 2005, her health began to erode along with her $750,000 prize.
She hoped to live out the balance of her life at a high-end Alzheimer's care facility, but was evicted after about a year when she no longer could make the $5,000 monthly rent, prompting a court-ordered investigation that revealed her daughter had burned through her mom's money a crime against the elderly that prosecutors and judges say is c ...
Jun 3, 2018, 4:28 pm - Lottery News forum
Hundreds expected at funeral of 'Lotto Angel' who gave away most of $10 million jackpot
Within an hour of winning the UK National Lottery jackpot, Barbara Wragg had already told husband Ray how she wanted to spend her winnings: give it to those in need.
For the next 18 years, she was as good as her word.
This former hospital worker who died last week gave away an astonishing 5.5 million (US$7.3 million) of her 7.6 million (US$10.1 million) windfall. Hundreds of individuals benefited from her generosity. In her home city of Sheffield, she became known as the Lotto Angel.
Jun 1, 2018, 1:09 pm - Lottery News forum
Study: Neighbors of lottery winners are more likely to go bankrupt
As if you needed proof that trying to keep up with the Joneses isn't a good idea, here it is: Close neighbors of lottery winners in Canada tended to spend more on conspicuous goods, put more money into speculative investments such as stocks, borrow more money and eventually declare bankruptcy.
The larger the dollar magnitude of a lottery prize of one individual in a very small neighborhood, the more subsequent bankruptcies there will be from other individuals in that neighborhood, says the l ...
May 29, 2018, 7:47 am - Lottery News forum
Lottery winner survives helicopter crash
A North Carolina lottery winner is lucky to be alive after his helicopter crashed and caught fire right on his front lawn.
Back in October, Timothy Kniess' wife won the lottery a hundred thousand dollars on a scratch off ticket.
Luck was definitely on their side again today when he was able to escape the crash with just a few scratches.
Neighbors weren't surprised by the crash. They say they watched Kniess attempt to fly his Mosquito XE helicopter for weeks, just waiting for it all to g ...
May 3, 2018, 1:16 pm - Lottery News forum
How a lottery jackpot winner became a bank robber
A man who once won millions of dollars in the California Lottery pleaded guilty Thursday in downtown Los Angeles to four counts of bank robbery.
On Thursday, James Allen Hayes, a security guard turned overnight millionaire, stood in a Los Angeles courtroom and pleaded guilty to committing a series of bank robberies. Hayes, 55, faces up to 80 years behind bars, with sentencing set for June 7 before U.S. District Judge Fernando M. Olguin.
Hayes admitted to being the serial bank robber known ...
Mar 17, 2018, 9:19 am - Lottery News forum
Lottery winner memorialized his winning numbers in his swimming pool
If you're hoping for a bit of extra lottery luck this week, perhaps living in the home of a lottery winner might make some good fortune rub off on you and now you can do just that.
Roy Gibney, 63, is selling the property he bought with his 7.4 million (US$10.3 million) jackpot back in 1998 for a price tag of 1.125 million (US$1.56 million).
The six-bedroom house in Barnoldby-le-Beck near Grimsby was originally bought for just 375,000 but since then it has been through some serious upgrades ...
Mar 6, 2018, 11:37 am - Lottery News forum
Here's what N.J. family that won $429M jackpot is doing with its money
A year ago this month, the Smith family's lives changed in an instant when they won the $429.6 million Powerball jackpot.
The family of eight matriarch Pearlie Mae Smith and her seven adult children didn't throw away the money on expensive new houses or luxury sports cars or write checks willy-nilly to the dozens of long-lost friends and relatives who came out of the woodwork.
Sure, they treated themselves, but from the beginning, they knew they wanted to do something meaningful with their ...
May 31, 2017, 4:11 pm - Lottery News forum
Lottery winner gets 21 years for financing drug trafficking operation
Ronnie Music Jr., a Waycross, Georgia man who sank part of $3 million in lottery winnings into methamphetamine trafficking, will spend the next 21 years in prison on drug conspiracy and firearms charges.
Last July, the 46-year-old Music admitted his involvement in multi-state drug trafficking, including a ring being run from a Georgia prison that he fronted with lottery winnings. He also pleaded guilty to being a convicted felon in possession of firearms.
(See Lottery winner invested $3M i ...
Apr 4, 2017, 5:28 pm - Lottery News forum