8. Gerald Muswagon
We are continuing our list of worst lottery winner horror stories with the story number 8 – this Canadian man got lucky and won $10 million (about 7.5 million US dollars) off of a $2 Super 7 ticket. While his family thought that this was his big break, he managed to spend every last cent of the money in a short amount of time.
Making one bad decision after another, Gerald blew the money on cars and was known to hand out big screen TVs to his friends left and right. He even bought a house for the sole purpose of partying in. He would throw nightly parties with an abundance of drugs and alcohol. With what he had left after spending so much on useless crap and parties he tried to open up his own lumber business that turned out to just hemorrhage even more of his money.
After getting a taste of the high-life, Gerald’s poor spending habits would leave him flat broke and forced to get back to work in order to support his wife and family. At his wit’s end, he was later found at the end of a rope in his parent’s garage.
