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The Times Property
 
The Times

3 Signs It's Time to Consult a Lawyer When Buying a New Home

Purchasing real estate is almost always the single largest financial commitment an individual or family will make in their lifetime. While many everyday transactions mo...

How Landscaping and the Right Turf Can Transform Property Value and Lifestyle

Over the past decade, the definition of the Australian home has undergone a fundamental shift. No longer viewed simply as a patch of grass framed by a boundary fence, the...

Why More Melbourne Builders Are Choosing Steel Frame Construction

Melbourne is in the middle of one of the biggest building booms in its history. New suburbs are going up across the outer north, the west and the south east, while olde...

Don't Be That Guy - Jackpot Winners That Lost it All


Most people can only dream about winning the jackpot or the power ball and cashing out in order to buy everything that they always wanted. It is not uncommon that people want to spend their winnings on travelling, buying houses, shopping for cars, among other lavish expenses, however, there are some consequences to recklessly spending all of your money in that way. While some people have been very lucky to have won the jackpot, for some people, this has truly been their downfall for not knowing how to handle their winnings.


Some of the best stories told in the gambling world are the ones that come from people that have won the jackpot. While these stories seem surreal, it is true that there is always the option of being lucky enough to win these amazing prizes. Nevertheless, some of these amazing stories do not always end well. While some of the winners that have won the jackpot are some of the luckiest people on the planet, they are also people that have been torn by greed and exercise spending, to the point where they have lost it all.


Lara and Roger Griffiths 


This couple is known for having also won an amazing jackpot prize of $2.19 million and also having spent it all on lavish expenses and materialistic items. This is a story of a marriage that was truly broken by the money given that each one of them wanted to do their own things with the money, and towards the end, both ended up with none for not knowing how to manage it correctly.


Jack Whittaker 


Was one of the luckiest people in the entire world for having cashed out $314 million in the jackpot in 2002. Nevertheless, while this was the biggest lottery prize in history, Whittaker didn't know how to manage his money correctly and he started giving handouts to friends and people until the money ran out. He donated so much and gave so much of it, that soon enough he found himself right where he started.


As sad as that might sound, some of these winners didn't know what to do with their money and they ended up spending it poorly to the point where they ended up again right now they started, losing it all. While some people might be incentivized to start playing online because of the amazing offers available such as the PlayAmo Australia, what truly motivates people to play is the stories of those that have won amazing prizes and jackpots out of playing. Nevertheless, it is also essential for people to hear the stories of how some winners came to lose it all, given that this gives people a different perspective in life and how one can come from having everything to nothing in a matter of seconds.

Money

Is now a good time to review your superannuation?

As we head into 2021 with COVID still impacting our daily lives as well as the share market and house prices, many Australians are left speculating how their supera...

Why adopting automated accounting could be the smartest saving you make in 2021

As businesses search for ways to boost productivity and cut costs, turning their attention to the finance department itself could deliver savings and efficiencies ...

NextGen and Bendigo Bank partnership delivers strong performance in broker channel

NextGen, Australia's leading technology provider to the lending industry, and Bendigo Bank have reported  significant achievements from their strategic partnership, lev...

House & Garden

Gen Z Backyard Living: Tiny Homes, Granny Flats or Hybrid Caravans?

Gen Z isn’t going anywhere.  They’re not even really going out with their mates, let alone packing up the boxes and launching their adult lives.  Right now, is the wors...

Roller Shutters: Enhancing Security and Comfort in Wanneroo and Joodanlap

One of the more popular options, roller shutters, can help ensure stronger security, privacy, and energy efficiency. In areas such as roller shutters Wanneroo and roller ...

The Value of an Arborist Report for Real Estate and Property Valuation

Tree health is more important when selling or purchasing property. A property can appreciate with healthy trees. On the other hand, hazardous trees can decrease the app...