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Lottery winners who spent all their millions

From rags to riches and back again
Marva Wilson, winnings: $2.4 million
Ronnie Music Jr, winnings: $3 million
Roger Griffiths, winnings: $3.4 million
Callie Rogers, winnings: $3.7 million
Daniel Carley, winnings: $4.4 million
Ibi Roncaioli, winnings: $5.8 million
John Roberts, winnings: $6.8 million
Francisco Guerrero, winnings: $9 million
Peter Kyle, winnings: $9.5 million
Sharon Tirabassi, winnings: $9.6 million
Bryan Magee, winnings: $10.6 million
Lawrence Candlish, winnings: $12.5 million
Lou Eisenberg, winnings: $14.2 million
Lee Ryan, winnings: $15.6 million
Keith Gough, winnings: $16.8 million
Michael Carroll, winnings: $19.7 million
John McGuinness, winnings: $22.7 million
Janite Lee, winnings: $32.2 million
William Post, winnings: $35.4 million
David Lee Edwards, winnings: $38.8 million
Jack Whittaker, winnings: $162.5 million
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From rags to riches and back again

Believe it or not, statistics show 70% of lottery winners end up broke and a third go on to declare bankruptcy, according to the National Endowment for Financial Education. Runaway spending, toxic investments and poor accounting can burn through a lucrative windfall in next to no time. From rags to riches then back to rags again, click or scroll through to see 21 unlucky lottery winners who found out the hard way (all pre-2010 winnings have been adjusted in line with inflation).
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lovemoney staff

22 March 2021

Saving and Making Money

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