Lottery Winners Go Broke Lara and Roger Griffiths spent their lottery jackpot winnings of $2.76 million in 2005 on a million-dollar house, an expensive car and luxurious trips.

Many lottery winners go broke because they spend their money on luxury items, give too much away, or fall into bad habits like gambling. Are there any common themes among lottery winners who lose ...

Most of us have fantasized about hitting a Powerball jackpot. But collecting the money is complicated, and keeping it even ...

William “Bud” Post was broke when he died in 2006, despite winning $16.2 million in the Pennsylvania Lottery in 1988. It didn’t last long. Just one year after he hit it big, Post was $1 ...

The world of lottery winners is paved with former millionaires who’ve burned through fortunes and wound up broke. Take Jay Sommers. In 1988, he won some $5 million in the Michigan state lottery.

One common reason many lottery winners end up broke is the absence of professional financial guidance. Managing a large sum of money requires expertise in various fields, including tax planning ...

When a “purchasing group” won a ninety-five-million-dollar jackpot, the victory caused a scandal in a state where opposition ...

News; US News; Lottery winners; Woman who scooped £3.1million lottery win ended up broke and in court owing thousands Suzanne Mullins shared vast sums of her lottery winnings with her family and ...

A debt-stricken single mother to a young autistic daughter was baited by an elaborate online scam involving a phony millionaire lottery winner, South West News Service reported. Dympna McKenna, 47 ...

Lottery Winners Go Broke. Lara and Roger Griffiths spent their lottery jackpot winnings of $2.76 million in 2005 on a million-dollar house, an expensive car and luxurious trips.