news.com.au reports:

A WOMAN who won over £1.9 million ($3.67 million) as a teenager says she never should have been allowed to spend her fortune at such a young age.

Callie Rogers, 22, won the lottery when she was 16 years old and proceeded to go on a “never-ending spending spree”, News Of The World reports.

The second-youngest British person to win lotto spent the money on booze, two boob jobs and almost $500,000 of cocaine.

About $400,000 was spent on a family holiday while a large amount was also spent on a string on boyfriends.

When she won the million-dollar prize, she was earning almost $7 as a shelf stacker for her local supermarket. Now she lives at home with her mum.

Continue reading article.

It’s hard to say how I would have handled a windfall like this at 16, I know for sure that I certainly wouldn’t have spent $500,000 on cocaine! It took me until I was 30 to become financially literate so it’s not too surprising that a 16 would go through that kind of money in that short amount of time.

Where were the parents in all of this? Did any adult give her any sort of financial advice? I suppose whether she took it or not is another issue.