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How to stay rich when you win the lottery

Jason Butler at The Financial Times shares the story of Roger and Lara Griffiths, the couple who won £1.8 million ($2.76 million) in the U.K.’s National Lottery in 2005.

Roger and Lara Griffiths
Roger and Lara Griffiths

Instead of using the windfall to buy themselves financial freedom, eight years later the Griffiths found themselves with only £7 in the bank.

Overspending on lavish holidays, expensive cars and designer handbags, bad investments, ill-judged business ventures and Mr Griffiths stopping work to pursue his dream of being a rock star, all contributed…

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