8 unlucky lotto winners
For many lottery winners, newfound fortune brings dazzling changes and opportunities.
But for an unlucky bunch, lotto winnings turn into a curse. The list of those who have squandered their prize money while suffering tremendous heartache is long; some regret ever winning.
Why does it happen? "They head into it without a plan and probably react too emotionally," says Joe Correnti, a senior vice president with investment firm Scottrade Inc. in St. Louis. "The winner needs to figure out day-to-day cash needs, insurance needs and emergency needs before anything else."
Here are 8 people who found that winning the lottery was perhaps the worst thing that ever happened to them.