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Powerball Winner Broke



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Old 01-12-2007, 01:39 PM   #1 (permalink)
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Powerball Winner Broke

-Credit Associated Press




CHARLESTON, W.Va. - A man beset by problems since winning a record lottery jackpot says he can't pay a settlement to a casino worker because thieves cleaned out his bank accounts.

Powerball winner Jack Whittaker gave that explanation in a note last fall to a lawyer for Kitti French, who accused him of assaulting her at the Tri-State Racetrack and Gaming Center, a slots-only casino near Charleston, according to a motion French's lawyer filed this week demanding payment of the confidential settlement.

Whittaker won a nearly $315 million on Christmas 2002, then the largest undivided lottery prize in U.S. history. He took his winnings in a lump sum of $113 million after taxes.

Since then, he has faced his granddaughter's death by drug overdose; he has been sued for bouncing checks at Atlantic City, N.J., casinos; he has been ordered to undergo rehab after being arrested on drunken driving charges; his vehicles and business have been burglarized; and he has been sued by the father of an 18-year-old boy, a friend of his granddaughter's, who was found dead in Whittaker's house.

In the latest lawsuit, Whittaker told French's lawyer, John Barrett, that "a team of crooks" cashed checks in September at 12 City National Bank branches and "got all my money," according to the motion Barrett filed Wednesday in state court.

"I intend to pay but can't without any money," Whittaker wrote, according to the motion.

An official with City National Bank said Friday the bank is investigating "small discrepancies" in Whittaker's accounts.

Calls to Whittaker and his lawyers Friday were not immediately returned.





lol, douche. Yeah, I'm sure he's broke from "a team of crooks" and it has absolutely nothing to do with his excessive drinking, gambling at casinos, pummeling people or the impending lawsuits. Way to go! :up:

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Old 01-12-2007, 01:43 PM   #2 (permalink)
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lol what an idiot. if i won that much though id drink myself to death.

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Old 01-12-2007, 02:31 PM   #3 (permalink)
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lol what a fucking loser. He won $315M and only got $113. lol yeah that seems fair
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Old 01-12-2007, 02:45 PM   #4 (permalink)
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I would never take the lump sum. Fuck the pigs. They paying me.
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Old 01-12-2007, 04:07 PM   #5 (permalink)
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Yeah that guy is stupid.

Makes W.V. look bad.


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Old 01-12-2007, 04:24 PM   #6 (permalink)
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what i could do with that much money.......

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Old 01-12-2007, 04:33 PM   #7 (permalink)
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The bad about the whole situation is that he really did not even need the money. He was all ready a millionaire when he won the money. He bought $100 worth of lottery tickets every week.

The money did pretty much destroy his life though. He gave his 17 year old granddaughter a bunch of money to do whatever she wanted with. She got her own apartment and bought several cars. She died of a drug over dose about 6 months later. Too much money at such a young age.

BTW: I know so much about this because I live about 60 miles from where he lives and they cover everything he does on the local news pretty much....lol.


I'm a good old rebel,
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I do not give a damn.
I'm glad we fought against her,
I only wish we'd won.
I ain't asking any pardon for anything we've done.
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Old 01-12-2007, 07:51 PM   #8 (permalink)
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Quote:
Originally Posted by Dakstang View Post
The bad about the whole situation is that he really did not even need the money. He was all ready a millionaire when he won the money. He bought $100 worth of lottery tickets every week.

The money did pretty much destroy his life though. He gave his 17 year old granddaughter a bunch of money to do whatever she wanted with. She got her own apartment and bought several cars. She died of a drug over dose about 6 months later. Too much money at such a young age.

BTW: I know so much about this because I live about 60 miles from where he lives and they cover everything he does on the local news pretty much....lol.
LOL I guess WV is a place thats poppin'.

If i was that young with a ton of money id prob OD too.

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Old 01-13-2007, 09:53 PM   #9 (permalink)
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He won $315M and only got $113. lol yeah that seems fair
Thats what I thought...they took 202 million outta 315 million for taxes and gave him 115 million, which he drank, gambled, and blew on whatever....now thats what I call money well spent.
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Old 01-13-2007, 10:04 PM   #10 (permalink)
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People who take the lump sum are stupid. You get less money, and the monthly amount you get by choosing the 20 year option is more than enought to be comfortable.
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