Mzansi Shocked after Woman Blows a Whopping R13.9 Million Lottery Money in just 3 Months
One lucky South African woman, identified only as Moipone, has left Mzansi stunned after revealing how she spent her entire R13.9 million lottery winnings in just three months.
Her jaw-dropping story was shared on a recent episode of I Blew It, a popular Mzansi Magic series that documents tales of ordinary South Africans who squandered life-changing amounts of money.
Also Read: The Perfect Retirement Package: Eastern Cape Pensioner Wins Staggering R8 Million Lotto Jackpot
Sent Boyfriend to Play, Returned With Millions
According to Briefly, Moipone’s fortune began when she sent her boyfriend to play the lottery. To her disbelief, he came back with a winning ticket that scored her nearly R14 million. But what could have been a generational blessing quickly spiraled into a financial disaster.
R7 Million Gone in First Three Months
Without a financial plan, Moipone spent lavishly. She burned through R7 million in the first 90 days, showering those around her with money and making questionable financial decisions.
Some of her biggest splurges included:
- Gifting her brother-in-law R1 million “just for existing.”
- Buying her estate agent a car—and adding an extra R5,000 on top.
- Buying 10 cars, none of which she owns today.
- Losing half a million to a fake tender scam.
- Paying nearly R500,000 in penalties after withdrawing R5 million meant for her children.
From Millionaire to Broke and Job-Hunting
As the money dried up, reality kicked in. Moipone was forced to sell one of her cars for just R7,000 and found herself urgently looking for a job. Her story, which has gone viral again on TikTok, sparked outrage across South Africa, with many arguing it highlights the urgent need for financial literacy in the country.
Mzansi Reacts after Moipane Squanders R13.9M Lottery Money in 3 Months
The resurfaced episode triggered heated debate online. Many South Africans were appalled by she squandered the money in just 3 months.
Others called for mandatory financial education for anyone who receives large sums of money, with some saying they would have invested or saved the money to benefit future generations.
Here are some of the reactions;
@Lerato Pule;
Easy come ,Easy go
@Makgoni Sebone;
Whaaaat? Only 3 months?
@Jeremia Jantjies;
She sold her Golf 7 GTI for R7k, desperate times🤧..financial literacy is a requirement.
@Junior M Baganda;
Give that lady a bells, she made it in life, mos!
@Simanga;
Yhuuu. She should have invested and saved up the money .instead of squandering it all.