Marie Holmes, 26, once worked at McDonald’s and Walmart to make ends meet. However, she eventually stopped working to take care of her four kids, one of whom has cerebral palsy. The fathers of her children rarely provided financial help and Holmes and her family could only afford to live in a trailer home in North Carolina.
But Holmes life changed after she gave her mother $15 to purchase lottery tickets before church. One of the tickets contained the winning numbers for the Education Lottery.
Holmes decided to take a lump-sum payment of $127 million. At a recent press conference, she revealed how she plans on spending the money.
She plans on starting a college fund for each of her children; she will purchase a new home; she will give some of her earnings to her church; and she plans to travel to Paris. If she visits France, it would be her first time outside of America.
But while Holmes’ dreams have come true, she will need to surround herself with great advisers and continue to educate herself on how to properly manage a fortune. In the past, several lottery winners have faced issues after winning it all and not being prepared to handle the drastic life change.