Broke After Winning the Lottery? Could it Happen to You?

clarissa
Won the lottery lately? No, but I bet you wish you did. What would you do if you won a couple million today? Would you pay off your bills? Would you get a new wardrobe? Would you open up that savings account you've been telling yourself you'd get around to? Would you tell all of your friends that you've got money and they don't? Just what would you do if you won the lottery today? Maybe your life would be great, but maybe it would be completely ruined. How so you ask. Well, here's how.

One man told a story of how winning the lottery made his life a living nightmare. In Mount Hope, West Virginia, Jack Whittaker often thinks about whether winning the $315 million dollar Powerball was really worth it. After winning, his wife left him, his daughter died after using a lot of drugs, and his other daughter was struck with cancer. Now with divorce papers in hand, Whittaker is worn out from winning the lottery.

The kicker is that Jack Whittaker was already wealthy. An owner of several businesses throughout his life, his family lived what would be called a lavish lifestyle.

However, wealth from business ventures and wealth from winning the lottery are two completely different things. Once someone wins the lottery, it becomes a big deal to the public. The news calls it the big story. The papers call it the front page, "Man wins $315 million powerball!" That's when Whittaker's life starting to go down.

The media began to delve into and exploit his drinking problems and other personal issues. Even Whittaker asks, how a wife could put up with such things. Tales of his problems were retold with drama that would get the public to read and pay attention. Whittaker doesn't have any friends. They all wanted to borrow money, and you know what happens to friends when they borrow money.

After looking at the story of Jack Whittaker, I have one question for you: Have you been thinking about winning the lottery lately? If so, perhaps you should just consider putting in some overtime at work. It might just save you some headache. Just think about it, if you were to win the lottery, the media would flock to you, and you know it's not the average happy go lucky story that sells the most papers. You've got a lot to think about don't you? Well, take your time, and don't quit your day job.

http://www.cnn.com/2007/LIVING/wayoflife/09/13/lottery.nightmare.ap/index.html

Published by clarissa

Clarissa's been writing for over 10 years in several different sectors including her college newspapers, local magazines, and online media.  View profile

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  • J. Alec West6/10/2010

    http://www.associatedcontent.com/article/5466988/you_lucky_devil_you.html - This is my own take on lottery winning or otherwise coming into a sudden cash windfall. However, the primary focus of the article is preserving anonymity. Methods discussed on pages 3 and 4 can be used in conjunction with ANY lottery game in ANY state. And almost all the pitfalls of winning can be traced to two factors - failure to remain anonymous - and failure to make "educated" decisions about managing the money. The article discusses both.

  • just noone5/12/2008

    there are alot more good stories than about the lottery then there are bad. the news and papers have to hunt for the bad stories but noone cares if it is a happy ending sounds to me like their jelous I WOULD LOVE TO WIN THE LOTTERY I WOULD HAVE A BALL.!!!!!!!

  • arthur glass4/5/2008

    I always dream about winning the lottery but, maybe my fantasy's diffrent from others.... I wouldnt try to mak 100million out of two; but, cause life is not about how much you made but about how much you've given!!!! It sickens me when i hear the statistics of how many millionairs are in the U.S and at the same time "we" talk about how much our government spends on war. We have enough wealth to tace care of our own health care crisis, homelessness and poverty....How many houses or cars does one person have to have and for what....self glorification it seams...what if if we had a such tax on people who made x- amount of dollars and force them to give a percentage to the poor, homless under educated or sick? It would be right because there would'nt be as great of an oppertunity to be better wealthier, better taken care of, better educated, or just simply in a position to be glorified over others........ and thats the american way.......willl we have that same advantage in heaven? Hell n

  • Tracy4/3/2008

    I belive it was his granddaughter who died of a drug overdose, and his daughter was already battling cancer.

  • Alyce Rocco9/22/2007

    Someone said something like "I am oppossed to millionaires, but I would not turn down the position if offered to me". I don't usually play the lottery, but it is a nice dream. Look at all those homes that could be built to be given to the poor or kids getting sent to college that would never have a chance without help. Or those ladies in the Congo would not have to wait so long to get that raped and shot problem fixed. The used to be able to practice Iraqi female doctors could get some simple supplies even bandaids to help the injured. Yes, I do dream about what I would do if I won a Powerball lottery.

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