8 Dumbest Financial Blunders
1Banker Falls Asleep on His Keyboard - Transfers $293M
2Woman Throws Away $1 Million Lottery Ticket
Here's a strange story for our Financial Blunder list, and one that has a happy ending. Sharon Duncan purchased a Diamond Dazzler lottery ticket at the Super 1 Stop in the tiny town of Beeb, Arkansas in July 2011. When she scanned it, it did not come up as a winner, and she tossed it in the bin below. Along came Sharon Jones, who combed through the trash, found the discarded ticket, and discovered that it was indeed a $1 million dollar winner. Elated, Jones spent a lot of the money on herself and her children, only to be brought to court by the convenience store manager, who claimed Jones took the ticket from the bin that had a sign saying “Do Not Take.” When Duncan got wind of it, she joined the suit, claiming that she was misled by the scanner reading and deserved the winnings. A judge and jury debated the matter and returned the decision in Duncan's favor, meaning that Jones would have to return the money she spent. Jones appealed, but before the case could go back to the courts the parties settled out of court for an undisclosed sum.
3PayPal Accidentally Puts $92 Quadrillion in a Man's Account
Pennsylvania resident Chris Reynolds opened his monthly PayPal statement in his email to find a balance of $92,233,720,368,547,800. He was stunned, and posted a photo of the document for his friends to see on Facebook. But before he could go on a spending spree, PayPal recognized their “error” and took back the gargantuan sum. As a kind gesture, the company made a “modest” donation to an undisclosed charity of Reynolds' choice.
4Fed Spends $120 Million Due to a Printing Glitch
512-Year-Old Misspells a Word on Jeopardy! and Loses $3000
It seems like a pretty innocent mistake, given the age and the circumstances. Nonetheless, Thomas Hurley III's misspelled answer for Final Jeopardy! cost him the $3000 wager. The correct written response to the answer was “What is the Emancipation Proclamation?” (Jeopardy! contestants must guess the correct question), but Hurley spelled it Emanciptation Proclamation [sic] and host Alex Trebek and the show judges deemed it incorrect. ABC producers responded to the decision by saying, "If Jeopardy! were to give credit for an incorrect response (however minor), the show would effectively penalize the other players.” Still, that doesn't sit well with a lot of people who felt Trebek and company cheated a little boy out of his hard-earned cash.
6Bank of America Glitch Allows a Gambler to Withdraw (and Lose) $1.5 Million
7Woman Sells a $20 Jacket with $18,000 Diamond Earrings in the Pocket
Talk about regrets... Huntington Beach resident Dori Rhodes donated items to a community yard sale on May 18, 2013, thinking she was getting rid of things she no longer used or needed. Well, it turns out that one of the items she gave them - a denim jacket that sold for $20 - had a couple of extra surprises in the pockets. She forgot that she used the old denim jacket, which hung in the back of her closet, as a de-facto safe to keep valuables and money. Not only was there a pair of $18,000 diamond earrings, but there was also a $1500 ring that her husband had given her. Of course, she is devastated by the error, and is hoping that the stranger who purchased the jacket returns the valuable items. So far, she's had no luck.
8Woman Loses 1400 British Pounds by Entering the Wrong Digit
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