Discussion in 'Off-topic Zone' started by Hoofbite, Oct 17, 2012.
Doesn't really sound like they were living lavishly. I don't think they saw anywhere close to 20m.
After the lawyers and Uncle Sam I'd be shocked if they got a million which is still a lot of money.
From the Article...
The Peoples' bankruptcy petition, filed in the Western District of Missouri, Joplin, on Sept. 10, does not describe the luxuries one might associate with a $20 million windfall. It lists personal property assets of not quite $33,000. The couple also own a home valued at $700,000 on 10.5 acres. The filing claims the couple's total liabilities are in excess of $611,000.
Among the personal property listed are two Honda automobiles, A Chrysler PT Cruiser and a Kawasaki Mule; a bedroom set, dryer, end tables, china, lamps, a VCR, a microwave oven and $50 worth of camera equipment.
Does not seem like they went overboard in land, home or vehicles.
Maybe the just stayed on constant vacation in 5 star hotels or something. The only other thing I could think of is like many NFL players, they got swindled out of their money.
I'm thinking it was the VCR that put them over the top. 1988?