Judge Settles Elderly Sisters' $500,000 Lottery Dispute

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An 87-year-old woman who was sued by her 84-year-old sister over a $500,000 lottery win doesn't have to share the prize with her sibling, a judge ruled recently.

The case happened in Connecticut and it began when the elder sibling won the lottery in 2005. She was later sued by her younger sister, who claimed the two had a written legal agreement to split any jackpot winnings. The two sisters had gambled together for well over a decade, buying joint lottery tickets and visiting casinos together.

A year before the 2005 Powerball lottery jackpot happened, however, the sisters had a falling out over a couple hundred bucks. At that point, the younger sister told her older sibling over the phone that she didn't want to be her gambling partner anymore. Because of that conversation, the judge ruled that their original written contract -- which had previously been signed and notarized sometime around 1995 -- was no longer valid.


When I read this case I thought about how sad and foolish it is that these elderly women -- in the twilight of their years -- would let money come between them and ruin their relationship. Since 2005, when their bitter lottery dispute first occurred, the sisters have not spoken to one another. I suspect they will go to their graves not speaking. What a shame.

They say that the sibling relationship is the one that lasts longest in a person's life. After all, most people who have sisters or brothers will maintain that relationship longer than they will a relationship with their parents, a spouse or even life-long friends.

This story of these two disgruntled sisters just goes to show you that, if you're not careful in how you handle financial matters with family, bitter money disputes can ruin even the closest of relationships.



Lynnette Khalfani-Cox, an award-winning financial news journalist and former Wall Street Journal reporter for CNBC, has also been featured in top newspapers, including the Washington Post, USA Today, and the New York Times, as well as magazines ranging from Essence and Redbook to Black Enterprise and Smart Money. Check out her New York Times best seller 'Zero Debt: The Ultimate Guide to Financial Freedom.'

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