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Tonda Dickerson was a waitress at a Waffle House in Alabama who won $10 million in the lottery in 1999 after a regular customer tipped her with a winning ticket. Tonda decided to take the winnings as an annuity rather than a lump sum. Her co-workers sued her saying they had a verbal agreement to split any winnings, but Tonda won the case. However, the legal issues and stress led to divorce from her husband. The IRS then said she owed $2 million in gift taxes for giving money to family. After legal fees and splitting the annuity in the divorce, Tonda was only getting around $90k annually and owed the IRS. She got a job as a casino dealer in Biloxi to make ends meet. Her ex-husband kidnapped her to try to get lottery money but she shot him in self-defense. The lottery win ruined Tonda's life through legal troubles and greed from others. She now lives quietly, a far cry from the multi-millionaire she could have been with better financial planning.
Things I Learned Last Night is an educational comedy podcast where best friends Jaron Myers and Tim Stone talk about random topics and have fun all along the way. If you like learning, and laughing a whole lot while you do, then you’ll love TILLN. Watch or listen to this episode today!
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