21 lottery winners who blew it all

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The Powerball lottery has reached a staggering jackpot of $700 million ahead of Wednesday's drawing.

The prize is the second-largest in history, behind only the $1.6 billion won by three entrants in January 2016.

While buying a ticket may seem tempting, the numbers suggest that it almost certainly isn't worth it.

But even if it does pan out, winning the lottery will not solve all of life's problems.

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In fact, many people's lives became notably worse after they hit the jackpot, as you can see from the following cautionary tales.

Pamela Engel, Mandi Woodruff, and Michael B. Kelley contributed to this report.