Using It To Bail Out Her Beau
Her unwise spending started when she purchased a $15,000 Rolex for LaMar McDow, her boyfriend. It might sound like a small amount compared to how much she was worth, but this was not the end of her spending on him. In 2014, he only had a hundred bucks to his name at the time of his arrest. He must have been glad that his girlfriend could always bail him out now that she was a millionaire. Later on, he denied claiming that she paid $21 million to get him out of jail. He explained, ‘’So many people are going on that she has paid $21 million to get me out of jail, but that ain’t true. It is just 10 percent”.
They Bought A Lovely New House
Before he was arrested in 2014, McDow lived with Marie Holmes and her four kids in the trailer. Upon his release, he moved into a home worth $350,000 that she bought with her lottery winnings. The Daily Mail also revealed how much money she received after going with the lump sum option. She ended up bringing home only $88 million after taxes! Can you believe that? This is a far cry from the $188 million that she won. At any rate, it must still have been a lot of money for someone used to having very little. Sadly, it did not take long before Holmes learned just how big of a difference a hundred million really is.