When you think about winning the lottery, quite presumably the last thing you would think about would be anything like these 11 worst lottery winner horror stories: problems with winning the lottery. That’s right—lottery winner horror stories! Most would be inclined to muster up ideas that would be comparable to the stories found on another one of our recent lists of the 5 Most Successful Lottery Winners and Their Good Stories. While many may fantasize about how their lives would change for the better if they could just hit the jackpot, most folks don’t take into consideration that there can be real problems with winning the lottery. You may or may not have noticed, but we are introducing 11 lottery horror stories and previously, only presented 5 success stories. Now, why do you think this is? The answer is simple! More often than not do the problems with winning the lottery outnumber what good some winners can actually get out of it.
One common mistake many lottery winners tend to make time and time again is that they opt for a lump sum payment instead of the annuity checks. Both options do have their pros and cons, however, most lucky lottery winners have never even seen such large amounts of money—let alone, had the opportunity to manage it. They squander away their winnings with nothing to fall back on and are often left in a worse position than they were before they hit it big, selling their belongings and even filing for bankruptcy from all the debt they have accumulated. Not that those who take the annual payments end up any better. A lot of times you will find that they’re spending money they don’t physically have, yet and their checks are spent before they even arrive!
Along with greed, developing bad habits from leading such a luxurious life, being harassed and a target for thieves, some more unlucky lottery winners journey down an even more formidable road to ruins as a result of winning the lottery. Perhaps we should start calling them “lottery losers” because some go through some serious losses including loss of a spouse through a divorce and in a worst case scenario, many have even lost their lives! One thing’s for sure, you’ll hear a little bit of it all in the 11 worst lottery winner horror stories: problems with winning the lottery.