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Jackpot winner who went broke after winning millions

Jackpot winner who went broke after winning millions
September 16, 2017Dr Tito James JrSpells
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[PHOTO: COURTESY]

When Pete Kyle won a £5.1million jackpot on the National Lottery, it was “like a dream come true”.

Stunned, the retired Royal Artillery gunner vowed the money was “going to change” his family’s life.

READ: CAST SPELLS

And for a while, it did. He took his relatives on lavish holidays, bought cars and boats and swapped his home for a luxury five-bedroom mansion boasting a steam room, a bar and a pool.

READ: LOVE AND RELATIONSHIPS

But just three years later, Pete was reportedly broke and on benefits.

READ: SOUTH AFRICAN MAN WINS $2.8M IN LOTTO

He had squandered an eye-watering £4,600 a day, the Plymouth Herald reports.

He is said to have poured his money away on the top-of-the-range cars, his expensive house with extensions and building works, the pricey holidays, and cash handouts to his kids.

WATCH: TWO MEN TAKE ON TRAINED FIGHTER IN ROAD RAGE CONFRONTATION

By April 2008, he had lost his mansion in Derriford, Plymouth, and was living and working at the £15-a-night Rooms Hotel on the city’s Union Street, according to a report in The Sun at the time.

READ: THE TRUTH ABOUT FEMALE EJACULATION

Mr Kyle, then 52, had guessed all six numbers right to win the mind-blowing jackpot of £5,122,412 in the Lotto draw back on January 29, 2005. It was one of Britain’s biggest ever Lottery wins.

His numbers – 3, 8, 27, 38, 44 and 46, the same numbers he has put on every week for years – were fed into the Co-op National Lottery machine in Wolseley Road, North Prospect.

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