'Lotto lout' Michael Carroll back on the dole, blows 9.7 million pounds in 8 years

Malibook

New member
Nov 16, 2001
4,613
2
0
Paradise
www.yourtraveltickets.com
He is the Lotto Lout who turned up to collect his £9.7m win wearing an electronic offender's tag.

But eight years on, Michael Carroll, the self-styled King of Chavs, is back to where he started - on the dole.

The 26-year-old former dustbin man yesterday revealed he has squandered his multi-million fortune on drugs, gambling and thousands of prostitutes.

But he insisted he is just as happy getting £42 a week in jobseeker's allowance.

He said: 'The party has ended and it's back to reality. I haven't got two pennies to rub together and that's the way I like it. I find it easier to live off £42 dole than a million.

'It's a bit strange going on the dole again because that's what I was doing before I won.

'I've lived the high life but I want my job back and to earn a normal wage. I'll do anything to earn a pound or two now.'

Carroll's jackpot win in 2002 disappeared with astonishing speed as the tattooed self-styled 'King of the Chavs' lavished several million pounds on family and friends and hundreds of thousands on drugs.

By the end of 2003, he was smoking £2,000 of crack cocaine every day and hosting drug and drink fuelled parties at his £325,000 home, the notorious Grange in Downham, Norfolk.

Angry at his life of excess, his wife Sandra left him and took their baby daughter Brooke with her.

Rather than see the decision as a wake-up call, Carroll continued on his life of excess, turning to prostitutes.

He boasted about sleeping with four a day - a total of 2,000 at a cost of £100,000 over eight years - in order to sate his sexual appetite.

Carroll told the News of the World: 'I could go for days without sleeping because of the drugs - so I would just spend night and day s****ing with all these hookers.'

Describing how he descended into a world of drugs and paying for sex, he continued: 'I only started to think about three things - drugs, sex and gold.

'The dealer who introduced me to crack has more of my lotto money than I do.

'He handed me my first bag of the stuff for free then he hiked up the price every time he came back. He knew what he was doing - but it blew my mind.'

He also spent a small fortune on his trademark chunky gold jewellery and a fleet of cars, including a black Mercedes van emblazoned with the phrase 'King of Chavs'.

Carroll said: I would buy these huge necklaces. One cost me around £2,000. All of it was robbed in 2004. There was about £100,000 worth of gold stolen. But the next day I went out and bought it all again.'

Repairs to properties he has wrecked with raucous parties have also cost him thousands and he reportedly lost an estimated £80,000 on a property deal in Dubai after the market fell.

Carroll also lost £1m on the dogs and horses and even injected £1m into his favourite football team, Rangers.

Carroll was down to his last £500,000 cash in 2008 and last year sold his £400,000 fleet of luxury cars and spent the proceeds.

He said he had no regrets about his lost fortune, but admitted that others had benefited from the win more than he had.

'I'm just glad it's over. There were also vultures everywhere after my cash. I started to see what people were really like.'

Carroll became notorious for his yobbish behaviour and answering any criticism with a one-fingered salute.

He arrived to collect his winnings wearing an electronic offender's tag, fitted after he was found drunk and disorderly and has appeared before the courts dozens of times for anti- social behaviour.

In 2004, Carroll was jailed for five months after failing to comply with a drug treatment order, imposed as part of a sentence for cocaine possession.

He was also handed an Asbo by magistrates in King's Lynn, Norfolk, for catapulting ball bearings at cars and windows from his Mercedes, causing thousands of pounds of damage.

Under its terms, he was not allowed to threaten, harass or intimidate anyone in the borough of West Norfolk, an area covering about 400 square miles.

The order also prevented him from threatening or attempting to cause criminal damage in the same area.

In 2008, thugs killed 12 of his dogs and ran him out of his lavish Downham, Norfolk, home and he has never returned.

Instead it stands vandalised and derelict with his pool filled with rubbish.

Carroll now lives in his other smaller home.

Read more: http://www.thisismoney.co.uk/news/article.html?in_article_id=499107&in_page_id=2#ixzz0f01UZmLX
 

WhaWhaWha

Banned
Aug 17, 2001
5,988
1
0
Between a rock and a hard place
His lavish property might be trashed, but he could still sell it and live on the proceeds like a drunken retard for another month or two.
 

winstar

Banned
May 22, 2007
813
0
0
That's some really hard medicine to swallow. How he's able to go back to his normal life after winning so much and losing it so quickly takes courage, even though he blew it all. No one knows what they would do if they were in those circumstances until their in them.

I wish him luck. His wife was right to leave.
 

S.C. Joe

Client # 13
Nov 2, 2007
7,139
1
0
Detroit, USA
Of course his wife left...who here thinks for a second if Tiger Wood went broke his wife would stick around? LOL Oh their love is more than just money but money is a part of it.

Yeah I could see his up beat talking--heck its like 20 million he got to spend in just 8 years...sure he had a BLAST!

Too bad he got messed up on that crack shit..heck seems that is what ran him dry, not those whores.
 

winstar

Banned
May 22, 2007
813
0
0
Of course his wife left...who here thinks for a second if Tiger Wood went broke his wife would stick around? LOL Oh their love is more than just money but money is a part of it.

Yeah I could see his up beat talking--heck its like 20 million he got to spend in just 8 years...sure he had a BLAST!

Too bad he got messed up on that crack shit..heck seems that is what ran him dry, not those whores.
I was actually referring to her and her children's well being given the selfish, and self destructive path he was taking.
 

HAMSTER INSPECTOR

Well-known member
Jun 3, 2005
1,745
41
48
The long term health issues this guy will suffer from 8 years of cocaine abuse will catch up to him sooner or later.
 

Malibook

New member
Nov 16, 2001
4,613
2
0
Paradise
www.yourtraveltickets.com
There are lottery winners who are too frugal to enjoy the cash and some who die before they get to enjoy the cash.

At least this guy had some fun.
If he was smart with that much cash he could have had a very good time for the rest of his life.
He is a reckless foolish idiot who wasted most of his cash.
I hope his wife and kids got some of it before he blew it all.
 

fuji

Banned
Jan 31, 2005
79,966
8
0
¯\_(ツ)_/¯
is.gd
The long term health issues this guy will suffer from 8 years of cocaine abuse will catch up to him sooner or later.
I have a hard time imagining he's quit. I predict a criminal conviction in his near future as he tries to come up with the cash to pay for his habit.
 

ultraviolet

Member
Dec 25, 2006
292
1
18
That's about $20 million Canadian. Put it in a stock that generates 5% dividends and you're talking $1M per year to live on without touching the principal.
Even at 1% interest you're looking at $200K a year to live on.
 

Daddio

Banned
Apr 10, 2004
494
0
0
TO - aka The Big Smoke
I've calculated what it would take for me to retire comfortably enough not to want for more. to put enough aisde to live on the dividends, and to spend enough to have the kind of life and surroundings I need from the outset. That figure comes in at around $30Million. At $20Million I would have to choose between blowing it or socking it and wishing I could enjoy it more.
 

sleazure

Active member
Aug 30, 2001
4,091
23
38
As the saying goes, most of the money went for drugs, whores, and gambling, but he wasted the rest of it.
 

GotGusto

New member
Jan 18, 2009
3,702
7
0
That's about $20 million Canadian. Put it in a stock that generates 5% dividends and you're talking $1M per year to live on without touching the principal.
Even at 1% interest you're looking at $200K a year to live on.
Yeah but most poor people are destined to be poor. It's in their psyche, their biological make-up. So, your logical suggestion has zero value to most of them.

If you're White and living in the First World (North America, Western Europe), there is a good chance that your lot in life is about where it should be based on your intellect. There are millions of exceptions, but the reality is that for almost 100 years (thanks to compulsory education), the White population has been self-selected and delineated based on intelligence/IQ. Those who left the farms for the city and could make the grade and better themselves did so over generations. Those that couldn't hack it, didn't. As I said, there are millions of exceptions, and IQ/intelligence is only one metric (albiet a significant one) that determines where one ends up, but all in all, if you're born with the genetics for success in modern society, down the line over the course of several generations, your family will have created a lot of its own 'luck' and your place in society. For other groups, the process is underway.
 

HOF

New member
Aug 10, 2009
6,387
2
0
Relocating February 1, 2012
Screw him, he's a rangers fan! GO CELTIC!
 

sleazure

Active member
Aug 30, 2001
4,091
23
38
Yeah but most poor people are destined to be poor. It's in their psyche, their biological make-up. So, your logical suggestion has zero value to most of them.

If you're White and living in the First World (North America, Western Europe), there is a good chance that your lot in life is about where it should be based on your intellect. There are millions of exceptions, but the reality is that for almost 100 years (thanks to compulsory education), the White population has been self-selected and delineated based on intelligence/IQ. Those who left the farms for the city and could make the grade and better themselves did so over generations. Those that couldn't hack it, didn't. As I said, there are millions of exceptions, and IQ/intelligence is only one metric (albiet a significant one) that determines where one ends up, but all in all, if you're born with the genetics for success in modern society, down the line over the course of several generations, your family will have created a lot of its own 'luck' and your place in society. For other groups, the process is underway.
That sounds so familiar. The old Protestant ethic. Wealth comes from entitlement. Poverty from inferiority. You just left out the part about Gods's will.

Nasty talk. I wish you'd keep your religion to yourself.
 

GotGusto

New member
Jan 18, 2009
3,702
7
0
That sounds so familiar. The old Protestant ethic. Wealth comes from entitlement. Poverty from inferiority. You just left out the part about Gods's will.

Nasty talk. I wish you'd keep your religion to yourself.
A complete misnomer. This has nothing to do with religion, entitlements, or God's Will. It is rooted in science.

It is not 'nasty talk' in the least. You call it 'nasty talk' because it offends your sensibilities, but that doesn't make it wrong.

Innate intelligence is without a doubt an important factor in social outcomes. Like I said, it's only one factor out of many. Other important factors include opportunity, personality traits, and so forth.

However, Michael Carroll is destined to be poor because he lacks the will and intelligence/foresight to be anything else. He is content with being poor and that's a good thing.
 

HAMSTER INSPECTOR

Well-known member
Jun 3, 2005
1,745
41
48
Lisa,

Are you refering to your previous life as the queen of Moldova?
 

wet_suit_one

New member
Aug 6, 2005
2,059
0
0
If you look at the article, he hardly spend any on prostitutes or drugs... 100K on prostitutes. Shit, that's nothing.

It's just what grabs the headlines.

He spent 50% of the dough on family and friends.

He might be a stupid fuck, but he sure was a nice guy. Personally, I KNOW I wouldn't spend 50% of any lotto winnings on family and friends. Would any of you?

That said, he's still a stupid fuck. :D
 

tboy

resident smartass
Aug 18, 2001
15,971
2
0
64
way out in left field
That's some really hard medicine to swallow. How he's able to go back to his normal life after winning so much and losing it so quickly takes courage, even though he blew it all. No one knows what they would do if they were in those circumstances until their in them.

I wish him luck. His wife was right to leave.
Courage? Idiocy is more like it......but that only demonstrates a total lack of self control......but then again, if he's happy living on the public dole then who are we to argue? Only thing is: he shouldn't be getting it. Since he lived fast he should also die hard. The dole is for people who have or had no other way to live, he had it, and blew it so why should the public support him now?
 
Toronto Escorts