Bud Post’s Nightmare
After winning $16.2 million in 1988, it’s hard to believe William “Bud” Post was $1 million in debt within one year. Bud had stated that he wished he never won the Pennsylvania lottery and said: “It was totally a nightmare.” Most people fantasize of having this kind of money. What could have possibly happened to ruin this Dream?
Source: OnBites
Well, first of all, his ex-girlfriend successfully sued him for a third of his winnings. However, that’s not even that crazy part. His brother got arrested when he allegedly hired a hitman to kill Bud, in the hopes of inheriting some of the money. After sinking money into his family business, Bud was drowning in debt. He then spent time in jail for firing a gun at a bill collector. Bud told Washington Post that he was much happier when he was broke. He lived on $450 a month and food stamps until he died in 2006.