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.

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

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 ...

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 ...

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 ...

A $935 million Powerball jackpot went 3 months without a winner. But for some past lottery winners, ... "I was too young to win the lottery. It nearly broke me, ...

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.

"I went to high school with the kids of a family who won the lottery. They had a massive house built that looked like a castle and bought several sports cars and other toys like a boat, jet skis, etc.

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.