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21 lottery winners who blew it all

Pamela EngelJul 7, 2016, 23:54 IST

IBN/screenshot

The Powerball lottery, which will be drawn Friday evening, has an estimated jackpot of $508 million, the seventh-largest in US history.

It's a lot of money, but if you do the math, buying a ticket probably won't be worth it.

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

In fact, many people's lives became notably worse after they got super rich, and they managed to lose it all quite quickly.

Mandi Woodruff and Michael B. Kelley contributed to earlier versions of this report.