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Big Winners With Bigger Problems

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Despite the alluring sudden windfalls that the lottery can bring, becoming a winner is not a promise of financial stability. For some individuals, winning the lottery has turned out to be a double-edged sword that has led to financial strain.


One notable example is Jack Whittaker, who won a record-breaking $$300 million Powerball Jackpot in 2003. At the time, he was a West Virginia businessman who had a modest income and a wife of 42 years. Initially, his win brought him glory and respect from his community, decentralized gambling but his newfound wealth also attracted unwelcome attention. Foreigners begged at his doorstep begging for money, and some even allegedly kidnapped and sexually assaulted his eldest granddaughter in an attempt to extort money from him.


Whittaker's life soon spiralled out of control as he struggled to adjust to his new reality. He was targeted by professional gamblers claiming they had won the jackpot as well, and he was constantly accosted by swindlers. His relationships with family and friends eroded slowly as they fought over his wealth, leading to a dramatic decline in his mental health.


Likewise, William Post's life began to fall apart after he won $ $15 million in the Pennsylvania Lottery in 1988. At first, he was thrilled with his fortune and began living a lavish lifestyle. However, as time passed, his desire for fame and wealth consumed him. He made several questionable decisions and became embroiled in a divorce proceeding with his estranged wife and his sister, who was appointed as the manager of his trust fund.


Post's world eventually came crashing down when his estranged wife sued him for a large sum. He also became embroiled in a dispute over money with his sister, who accused him of stealing assets from his trust fund. Eventually, Post's trust fund was reduced to just $$75 thousand due to poor investments.


Another tragic case is that of Abraham Shakespeare, who won $17 million in a Florida lottery in 2005. Initially, he used his winnings to help others for his friends and family, but as his wealth grew, so did his desire for luxury and excess. He began investing in several ventures, including a film production company, but his investments went sour.


In the end, Shakespeare's life was truncated when he was killed by a rival he had befriended and given a lavish lifestyle for in the years following his win.


The stories of Jack Whittaker serve as cautionary tales for the lottery's potential pitfalls. Becoming a winner can bring both comfort and stress if individuals are not prepared to handle the stress and scrutiny that comes with it. As for the advice given by John Whittaker after his win, "winning the lottery is like being run over"

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