Coffee Club: More Money, More Problems?

Published 09/27 2013 10:25AM

Updated 09/27 2013 10:30AM

Could hitting the jackpot and winning millions ruin your life?

More money, more problems--at least that's the story from one recent Powerball winner. "Wild" Willie Seeley became an overnight sensation after sharing in last month's $450 million jackpot.

Now he says he's paying a heavy price for winning all that money--and he's not alone.

"Wild" Willie Seeley and his co-workers won big in last month's $450 million Powerball jackpot.

Each member of the group - took home almost $4 million dollars each.

But now - just weeks later Willie says he's miserable!

He told NBC News it's non-stop drama -- his wife even calling the Powerball win "a curse".

Seely says he's being overwhelmed with calls ranging from long lost relatives to TV executives asking him to star in reality shows.

Jack Whittaker won $314 million in 2002. Two years later his family life was in shambles and he was arrested twice for drunk driving.

Abraham Shakespeare of Florida was murdered after winning $31 million.

The National Endowment for Financial Education estimates that about 70% of those who get a big windfall lose the money within several years.

What are your thoughts--more money, more problems?

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