As if winning the lottery once wasn’t enough, Evelyn Adams managed to win it twice! In two years she net nearly $6 million and lost it ALL in Atlantic City casinos. She currently resides in a trailer. Remember folks, the house always wins.
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Getting your lottery winnings in annual payments is a pretty normal thing. But when Suzanne Mullins won a large amount in the lotto, she decided to get a huge loan she would slowly pay off, but she struggled to do so and the debt grew until it was more than her actual lottery winnings. Another one bites the dust.
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Janite Lee an immigrant from South Korea won $18 million in the lottery. Being the good person that she is, she decided to give the vast majority of it to a number of causes such as charities, education programs and political organizations. After giving away her millions, she unfortunately went bankrupt.
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Jonathan Vargas spent the $35 million he won like any normal guy would, he purchased his mother a brand new house. Oh yeah, he also purchased his own wrestling show. It was called Wrestlicious, and featured scantily clad women fighting in a giant pink ring. For some reason it never caught on, and tanked faster than me tapping out to the Rock’s chock hold.
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Super 7 jackpot lottery winner Gerald Muswagon won $10 million in 98′. He spent all his winnings organizing parties and lost it all within a year. Definielty not the smartest of the bunch. Hope he made it count.
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Across the pound, Vivian Nicholson won the lottery and spent a majority of her fortune on expensive designer clothes. She declared bankruptcy four years later. Those Gucci shoes can really add up.
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Powerball winner here. Gloria Mackenzie (not related to our Mac) won $590 million and gave $2 million to her old high school. Lucky kids.
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In 2011 John Kutey won a share of the $319 million prize offered in the Mega Million Lottery along with six other people. He share equalled $28.7 mil, not bad. He and his wife decided to spend $250,000 demolishing a local pool and installing a huge spray park along with donating $200,000 to help build a water park in New York.
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Michael Carroll from the UK won $15.8 million and started spending as soon as it was in his hand. He was rumored to have spent around $3,000 on cocaine every day, he also bought several luxury cars, and crashed them on his homemade track. After losing most of his wealth, he ended up selling his mansion to so he wouldn’t go bankrupt.
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