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They Hit The Lottery Jackpot. You Won't Believe How They Spent It

Lovemoney Logo By Alice Cattley of Lovemoney | Slide 2 of 16: The tale of William "Bud" Post III is the stuff of tragedy. After winning $16.2 million on the Pennsylvania Lottery in 1988, Post’s brother tried to have him murdered in a bid to get his hands on the winnings. While the assassination bid was unsuccessful, that was just the start of Post's problems. His former landlady – who was also his ex-girlfriend – successfully sued him for a cut of the cash. When Post refused to pay up, his assets were frozen by the courts. By the late 90s, he was broke thanks to an extravagant spending spree that saw him snap up three cars, two motorcycles, a $260,000 sailboat, and even a twin-engine plane – despite not having a pilot license.

A twin-engine plane but no pilot license

The tale of William "Bud" Post III is the stuff of tragedy. After winning $16.2 million on the Pennsylvania Lottery in 1988, Post’s brother tried to have him murdered in a bid to get his hands on the winnings.

While the assassination bid was unsuccessful, that was just the start of Post's problems. His former landlady – who was also his ex-girlfriend – successfully sued him for a cut of the cash. When Post refused to pay up, his assets were frozen by the courts.

By the late 90s, he was broke thanks to an extravagant spending spree that saw him snap up three cars, two motorcycles, a $260,000 sailboat, and even a twin-engine plane – despite not having a pilot license.

© Courtesy ABC News via YouTube
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