OT $1.4 BILLION Powerball Lottery;

totus44 · Jan 13, 2016

Rick2583 said: ↑

I think I can manage with that Tom.
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keep in mind rick...high end escorts are 3k/night, so there goes 1.1M right away.

Rick2583 · Jan 13, 2016

I don't need an escort I can find my own way

totus44 · Jan 13, 2016

Rick2583 said: ↑

I don't need an escort I can find my own way
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with that much money rick, its cheaper in the long run to consider companionship as transactional activities.

stampedehero · Jan 13, 2016

yankeesince59 said: ↑

...Here's a bunch of folks who won a lottery, but then managed to screw the pooch ;

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Lara and Roger Griffiths bought their dream home ... and then life fell apart.

Before they won a $2.76 million lottery jackpot in 2005, Lara and Roger Griffiths hardly ever argued.

Then they won, and bought a million-dollar house and a Porsche.

But six years after their win, Roger drove away in the Porsche after Lara confronted him over emails suggesting he was interested in another woman.

Their 14-year marriage was over, a freak fire gutted their house, and every penny of their fortune was gone.

Bud Post lost $16.2 million within a nightmarish year — his own brother put out a hit on him.

William "Bud" Post won $16.2 million in the Pennsylvania lottery in 1988 but was $1 million in debt within a year.

"I wish it never happened," Post said. "It was totally a nightmare."

A former girlfriend successfully sued him for a share of his winnings and his brother was arrested for hiring a hit man to kill him in the hopes he'd inherit a share of the winnings.

After sinking money into various family businesses, Post sank into debt and spent time in jail for firing a gun over the head of a bill collector.

Bud now lives quietly on $450 a month and food stamps.

Martyn and Kay Tott won a $5 million jackpot, but lost the ticket.

Martyn Tott, 33, and his 24-year-old wife from the UK missed out on a $5 million lottery fortune after losing their ticket.

They were able to convince officials, but since there is a 30-day time limit on reporting lost tickets, the jackpot became the the largest unclaimed amount since the lottery began in 1994.

"Thinking you're going to have all that money is really liberating. Having it taken away has the opposite effect," Kay Tott told The Daily Mail. "It drains the life from you and puts a terrible strain on your marriage. It was the cruelest torture imaginable."

Sharon Tirabassi is back in the working class after winning $10 million 11 years ago.

In 2004, Sharon Tirabassi, a single mother who had been on welfare, cashed a check from the Ontario Lottery and Gaming Corp. for $10,569,00.10 (Canadian).

She subsequently spent her winnings on a "big house, fancy cars, designer clothes, lavish parties, exotic trips, handouts to family, loans to friends" and in less than a decade she's back "riding the bus, working part-time, and living in a rented house."

Luckily Tirabassi put some of her windfall in trusts for her six children, who can claim the money when they turn 26.

Evelyn Adams gambled it all away in Atlantic City.

Against all odds, in the mid-1980s, Adams won the lottery twice, once in 1985 and again in 1986.

The New Jersey native won a cool $5.4 million, but AskMen.com reports she gambled it away at Atlantic City.

Today she resides in a trailer park.

Tonda Lynn Dickerson was forced to pay gift tax.

A former Waffle House waitress named Tonda Lynn Dickerson got served a big plate of karma when she refused to split her winnings with ex-colleagues and was forced to pay the tax man $1,119,347.90.

How did it happen? Dickerson placed her winnings in a corporation and granted her family 51 percent of the stock — qualifying her for the tax.

Gerald Muswagon ended up feeling sorry for partying.

In 1998, Gerald Muswagon won the $10 million Super 7 jackpot in Canada.

But he blew it all on drinking and partying in only seven years.

Filled with remorse, Muswagon hanged himself in his parents' garage in 2005.

Suzanne Mullins couldn't dig herself out of debt.

When Mullins won the US lotto in 1993, she opted for yearly payouts instead of a lump sum, reports MSN.

She quickly found herself in debt, using future payouts as collateral for a $200,000 loan.

Mullins later switched to a lump sum payout, but never paid back the debt. The loan company filed suit and won a $154,000 settlement that was all but worthless — Mullins had no assets.

Americo Lopes quit his job, lied about it, then got sued.

AP
Construction worker Americo Lopes won the New Jersey lottery, quit his job, and then lied about it, claiming he needed foot surgery, reports the New York Times.
After coming clean to an ex-colleague, he and a few others ganged up on Lopes for not splitting the winnings as promised.

The court ordered Lopes to split the prize.

Ibi Roncaioli was murdered by her husband after she squandered her winnings.

Getty

Ontario resident Ibi Roncailoli walked away with $5 million in a 1991 Lotto 649 drawing, but she didn't tell her husband how she decided to spend it.

When Joseph Roncailoli, a gynecologist, found out Ibi gave $2 million of her fortune to a secret child she'd had with another man, he poisoned her with painkillers, the Toronto Star reports.

He was found guilty of manslaughter and reportedly asked Ibi's family to help foot the bill for her funeral.

Michael Carroll lived in the fast lane and blew it all.

Michael Carroll was at his peak when he won Britain's £9.7 million ($15 million) jackpot in 2002, The Daily Mail reports.

But a penchant for life in the fast lane — cocaine, parties, hookers, and cars — put him back at square one in five years.

Last we heard, the ex-garbageman was hoping to get his old job back.

Andrew Jackson Whittaker Jr. was undone by casino lawsuits.

In 2002, West Virginia building contractor Andrew Jackson Whittaker Jr. walked away with $114 million after taxes on a $315 million multi-state Powerball draw.

That was just about his last stroke of good fortune.

Thieves ran off with $545,000 Whittaker stashed in his car. Later on, he was sued by Caesar's Atlantic City for allegedly bouncing $1.5 million in checks.

Within four years, his fortune was gone.

Billy Bob Harrell Jr. had his prayers answered, but his luck ran out after he couldn't say no.

A Pentecostal preacher working as a stockboy at Home Depot got his prayers answeredwhen he hit the $31 million jackpot in 1997.

At first, life was good with Billy Bob buying a ranch, six other homes, and some new cars.

But like many others who win the lottery, he just couldn't say no when people asked for a handout.

Later in life he divorced and eventually committed suicide.

Willie Hurt's crack addiction did him in.
In 1989, Willie won a $3.1 million jackpot in the Michigan Lottery.

Fast-forward two years later and Hurt got divorced, lost custody of his children, was charged with attempted murder, and picked up a crack-cocaine addiction.

The habit was so bad, it sucked away his entire fortune.

Denise Rossi didn't disclose the jackpot in her divorce filing.

When Denise Rossi won $1.3 million in the California lotto, she left her husband without a word, reports People magazine.

Thomas knew something was up, but agreed to divorce her anyway.

Two years later, he intercepted a letter at his new Los Angeles home revealing the truth.

He sued Denise for not disclosing her winnings in the divorce, and the judge awarded Thomas every cent.

Janite Lee blew her fortune on political donations.

After winning an $18 million lottery jackpot in 1993, Janite Lee's earnings were gone within a decade.

The St. Louis Post Dispatch reports that Lee, a wigmaker from South Korea, blew her winnings on, of all things, charity.

A reading room was named after her at Washington University's law school, and she was a major donor for the Democratic Party.

But her giving hand, coupled with a little gambling and a lot of credit card debt, allegedly did her in. She filed for bankruptcy in 2001.

Luke Pittard wound up flipping burgers at McDonald's.
Business Insider

Welsh-born Luke Pittard won a £1.3 million jackpot ($1.9 million) in 2006, but spent it all on a trip to the Canary Islands, a wedding, and a house.

A year-and-a-half later, Pittard was forced to take a job at McDonald's flipping burgers.

He says he's happy, and his leftover winnings collect interest.

Rhoda and Alex Toth both landed in court for tax evasion.

Alex and Rhoda Toth hit the $13 million jackpot in Florida in 1990. Within 15 years they were destitute.

According to the Tampa Bay Times, the couple declared bankruptcy and were eventually accused of tax evasion by the IRS.

Alex passed away before his case went to trial and Rhoda eventually served two years in prison.

Vivian Nicholson was a clothes horse who couldn't stop shopping.
Getty

Daily Mail UK reports Vivian Nicholson got a taste of the good life when she won a fortune — £152,300 — in Britain's football pools in 1961.

Too bad she blew it all filling her closet with haute couture.

Years later, Nicholson is jobless, a newly-minted Jehovah's Witness and a widow. She's also been married five times.

Teen mom Callie Rogers was too young to spend her money wisely.

Callie Rogers was just 16 years old when she won £1.9 million in the U.K.'s lottery (about $3 million) in 2003 — too young to know how to manage her money or where it would lead her, according to Gawker.

Rogers had two children then blew the rest on partying, vacations, and gifts for her friends.

Now Rogers works as a cleaning woman and is reportedly facing bankruptcy.

Barry Shell used one of his last dollars to buy a lotto ticket.

Barry Shell won $4 million Canadian dollars in the Ontario lottery in 2009 after he used the last of his cash to buy a ticket.

But there was a warrant out for his arrest on charges of theft and possessing stolen property, and police figured out where he was after seeing a photo of him with his prize. He gave his winnings to a relative.
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> That is tremendous information Well Done Well Done!

stampedehero · Jan 13, 2016

totus44 said: ↑

$1.5B...paid out over 29 installments, $51,724,137.93 per year. 39.6% To IRS.....$31,241,379.31 per year - state tax. For CA, 13%, down to $27,180,000 per year.

$27M/yr is ARod money....for life.

In today's world....this is spendable, lol!
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>Lord of the dark side and a master of Economics. Man your Good!!!!!!!!

stampedehero · Jan 13, 2016

Messiah717 said: ↑

If anyone remembers the movie Hoffa with Jack Nicholson. There's a line he gives in the film where he says don't ask for something that's a burden to you if you get it. Plenty have found out the hard way the truth behind that statement. Money is great but nobody needs a sum like this. Some will tell Cuban well you're a billionaire Mark so it's easy for you to say. Well for one Cuban worked for what he has and built what he has with his own ideas. He's giving very fair and honest advice here. Unfortunately, for a lot of people if you hand somebody one million dollars they will go out and spend two million.
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> I think the best thing to do is take a measly share like 300 mil and set up a foundation for sports related injuries for unfortunate kids and kids in children hospitals.

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