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14 Lottery Winners Who Blew It All

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Americo Lopez

The lure of the lottery is that it will change your life overnight

But what if winning made your life a living hell? 

As any of these winners-turned-losers would tell you, winning isn't everything.

Especially when you don't have a clue what to do with that money

Suzanne Mullins couldn't dig herself out of debt

When Mullins won the U.S. 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 $154,000,000 settlement that was all but worthless—Mullins had no assets. 



Michael Carroll had a fetish for hookers

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



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

Construction worker Americo Lopes won the New Jersey lottery, quit his job and then lied about it, claiming he needed foot surgery. 

After coming clean to an ex-colleague, he and a few others ganged up on Lopes for not splitting the winnings as promised. 

Sadly, the court ordered Lopes to split the prize. 



See the rest of the story at Business Insider

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