Playing the lottery or online gambling through top sites in India, are like dancing with fire.
It’s fun and exciting, and it can help you win a lot of money if you hit the jackpot.
But when you’re not careful, the thrill can become an addiction that could end up costing you everything you have in life.
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Countless people have won the lottery and lost their winnings in a short period due to poor decision-making or bad investments. The following are the top 7 lotto/casino winners that lost all their wins and how they did it:
Jeffrey Dampier Jr.
Jeffrey Dampier Jr. was an ordinary man from Chicago who won $20 million in 1996, which he decided to divide with his sister. He decided to leave his wife and asked her for a divorce, and his wife threatened to kill himself if he left her, so Jeffrey gave her $1 million to stay away from him.
His sister Victoria did not want to divide the lottery money with Jeffrey’s wife, so she did what had to be done – she hired three men to kill her brother and steal the winning ticket. Victoria and her boyfriend were arrested, and they got life in prison.
Mack Metcalf and Virginia Merida
Mack Metcalf and Virginia Merida were married in 1987 when she was a 23-year-old agent at the Kentucky Lottery. The couple eventually won $34 million.
However, after a string of financial troubles, the pair filed for divorce in 2001. According to news reports, they agreed to share their winnings equally but ended up living separate lives.
The Sun-Sentinel reported that when Metcalf died of complications from alcohol abuse in 2003 at age 45, his half of the money was paid out to family members who were still alive, and his estranged wife was left with half of the winnings.
Abraham Shakespeare won $30 million in 2006 when he bought a winning Florida Lotto ticket. He took the lump sum option and walked away with $17 million. After taxes, he was left with around $11 million.
During this period, he became friends with Dee Dee Dee Moore, who befriended him after reading his story in the newspaper and claimed she wanted to write a book about him.
Moore offered to help him manage his finances and paid off some of his bills but soon began stealing money from Shakespeare’s accounts until they were empty. In 2009, Shakespeare disappeared and was never seen again.
In 2002, Jack Whittaker won the Powerball jackpot prize of $315 million. A West Virginia contractor, he was already wealthy before he won. He informed the lottery authorities that he had been praying to win to help others and give some to a charity he started.
But his good intentions didn’t last long. In 2002, he lost his daughter to drug addiction, and her boyfriend killed himself a month later. His granddaughter Brandi Bragg also died of a drug overdose.
Whittaker was arrested twice in five weeks for driving while intoxicated and assaulted. After losing so much money due to lawsuits and spending so much cash giving it away, Whittaker declared bankruptcy in 2015.
Urooj Khan, a 46-year-old Chicagoan, learned this lesson too late. He had won a million dollars in the Illinois State Lottery but died just days before receiving the money. It was first thought to be a cardiac arrest, but his death was later discovered to have been caused by cyanide poisoning. The investigation has yet to reveal whether or not Khan’s murder had anything to do with his winnings.
Being a lottery winner means having a greater amount of money than most people could ever dream of having. However, it does not always mean that things will be the same forever. While many winners live extraordinary lives with their newfound wealth, others lose it all and become bankrupt in no time at all.
At the age of only 16, Callie Rogers won $2.3 million in 2003. She was one of the youngest winners of the UK’s National Lottery at the time and had plans to invest her money wisely to ensure she could live off it for the rest of her days.
However, Callie had blown it all on drugs and cosmetic surgery within a few years. She even admitted that she tried to take her own life twice because of how horrible things got after winning. It is one of the most tragic stories on this list because it shows that money can’t buy happiness.
Curtis Sharp won $5.4 million in 1992 when he was only 26 years old, but he didn’t hold on to his winnings for long. He bought four homes, two cars, and a yacht with his winnings, and he also splashed money on parties and expensive gifts.
He set up a charity fund with his winnings but closed it down after the IRS reported him for tax evasion. As if that wasn’t enough, Sharp also faced charges of fraudulence when he tried to claim another lottery win that belonged to someone else in 1999.
He was intelligent and skilled at making money, but they overlooked a few details, resulting in the loss of his fortune.
There are many more stories about those who won lotteries and later lost all the money. Lotto and casinos are fun, but too many people get obsessed, and this usually leads to them losing all their winnings or even blowing up their lives.
We have listed 7 of the most distinguished lotto winners that won millions of dollars but ultimately lost everything. When people see what others have done to their money, they will learn from their mistakes and hopefully never repeat them.
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