The odds of winning the jackpot are slight (one in 292.2 million), but that’s surely enough to turn someone’s life upside down. With the increasing amount of the Powerball jackpot, lottery fever is running high. We have compiled a list of past winners and what they did with their winnings. Read their experiences and learn from them.
Evenly Adams took her winning to Atlantic City
Ever imagined winning a jackpot? Probably. Ever imagined winning two lottery jackpots in a row? Probably not! The odds of winning the lottery once are astronomical and the chances of winning twice are even more unlikely. But, Evelyn Adams beat those odds and managed to scoop the big prize twice in 1985 and 1986 to the tune of $5.4 million. She helped a lot of people with her money because she couldn’t say no. But she also took a large chunk of it to Atlantic City and gambled it all away. Now she is penniless and living in a trailer park. She once said, “I wish I had the chance to do it all over again. I’d be much smarter about it now.”
Louise white created a trust after her favorite dessert
In 2012, 81-year-old Louise White bought a rainbow sherbet at a Stop and Shop. While there, she bought a lottery ticket and ended up winning $336.4 million. In honor of her favorite lucky desert, she created “The Rainbow Sherbet Trust” which would help her family in the future. She took advice from her financial advisors and acted accordingly.
Bob ERB advocated marijuana legalization
Bob Erb did something much unexpected with his winnings. Bob lives in Canada and is a pot activist who won $25 million in 2012. He bought a lottery ticket on the way to his father’s funeral in Calgary. He had been playing the lottery regularly for 43 years. He decided to continue working as a seasonal contractor and donate his wages to a local food bank. Also, he directed about $1 million of his winnings towards 420 Day, an annual event organized to support marijuana legalization in Canada.
Janite lee made political donations
Janite Lee was a professional wigmaker from South Korea. She bought a lottery ticket and ended up winning a healthy $18 million in 1993. She donated a good portion of her winnings to support the Democratic Party. Being too charitable turned out to be very bad for Janite. With a combination of credit card debt and gambling, she became penniless in only a few years. She filed up for bankruptcy in 2001.
Winning the lottery can be the beginning of an adventure for you. But how you make your decisions will determine how that adventure plays out. Pick from this list of winners and decide which end you want your lottery story to have..