What is Cynthia Stafford's net worth?
Cynthia Stafford is an American businesswoman who has a net worth of $500 thousand. Cynthia Stafford is best known for winning a $112 million California Mega Millions lottery jackpot in 2007. She split the $67 million pre-tax lump sum jackpot with her father and brother. Unfortunately, Cynthia after a series of bad investments Cynthia reportedly filed for bankruptcy in 2016. She then self-published an e-book titled "Seeing: How to Visualize Your Way to Success."
$112 Million Jackpot
Before 2007, Cynthia Stafford was raising five children and struggling to pay the bills. She claims she used to lull herself to sleep at night by imagining she was holding a winning lottery check.
On Mother's Day in 2007, she bought the $2 lottery ticket. That ticket turned out to be a $112 million jackpot winner. Upon receiving her winnings, roughly $67 million pre-tax lump sum, Cynthia chose to split the money with her father and brother. She then started a production company and invested in several real estate properties. She also donated $1 million to charity.
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Production Company
Her production company, Queen Nefertari Productions LLC, was at one-time packaging and financing 3-4 independent feature films per year. Queen Nefertari Productions released two award-winning films, Polish Bar and The Inheritance. She ultimately shuttered the company after experiencing some health issues.
Cynthia Stafford hosted an online talk show called Hearts of Angels Network with Cynthia Stafford, which focused on drawing attention to local charities in the Los Angeles area. In addition to her dramatic transformation professionally, she is also known for being incredibly philanthropic, focusing on empowering people through education, particularly children with special needs, and in support of women's rights. Stafford still plays the lottery every week.
Bankruptcy
In 2016, Cynthia Stafford reportedly filed for bankruptcy. A 2016 ABC News article on the reported bankruptcy intimated that the bankruptcy was a result of "some poor investments."
