The Unluckiest Lottery Winner of All Time

For some the lottery is their solution to retirement. Others believe it is the only way they will become a millionaire in their lifetime. Winning the lottery is a dream held by far too many people in my opinion. An article posted on MSN Money shows that the reality of winning the lottery is more like a nightmare.

Here are some unfortunate lottery winners:

Oklahoma Professor Larry Blair won the jackpot three times in a row – then he got shot. You can listen to the amazing story here:

Evelyn Adams won the New Jersey lottery two times (1985 and 1986) to the tune of $5.4 million. Today the money is all gone and she now lives in a trailer. “I won the American dream but I lost it too. It was a very hard fall. It’s called rock bottom,” says Adams.

William “Bud” Post won $16.2 million in the Pennsylvania lottery in 1998 but now lives on social security. “I wish it never happened. It was totally a nightmare,” says Post. Within a year after winning the lottery, Post was over $1 million in debt.

Suzanne Mullins $4.2 million in the Virginia lottery in 1993. Now she’s deeply in debt to a company that lent her the money using the winnings as collateral.

Ken Proxmire was a machinist when he won $1 million in the Michigan lottery. He moved to California and went into the car business with his brothers. Within five years, he had filed for bankruptcy.

These are just a few examples of people who have lost all of their lottery winnings within a few years after winning. The article was originally published on MSN money.

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