Lucky Jackpot winner who went broke after winning millions

[PHOTO: COURTESY]

When Pete Kyle won a £5.1million jackpot on the National Lottery, it was "like a dream come true".

Stunned, the retired Royal Artillery gunner vowed the money was "going to change" his family's life.

And for a while, it did. He took his relatives on lavish holidays, bought cars and boats and swapped his home for a luxury five-bedroom mansion boasting a steam room, a bar and a pool.

But just three years later, Pete was reportedly broke and on benefits.

He had squandered an eye-watering £4,600 a day, the Plymouth Herald reports.

He is said to have poured his money away on the top-of-the-range cars, his expensive house with extensions and building works, the pricey holidays, and cash handouts to his kids.

By April 2008, he had lost his mansion in Derriford, Plymouth, and was living and working at the £15-a-night Rooms Hotel on the city's Union Street, according to a report in The Sun at the time.

Mr Kyle, then 52, had guessed all six numbers right to win the mind-blowing jackpot of £5,122,412 in the Lotto draw back on January 29, 2005. It was one of Britain’s biggest ever Lottery wins.

His numbers – 3, 8, 27, 38, 44 and 46, the same numbers he has put on every week for years – were fed into the Co-op National Lottery machine in Wolseley Road, North Prospect.