A spokesman for the family said that Stebbins died of heart failure at his home. Stebbins did not have a history of heart problems and showed no signs of serious illness.
Before becoming a multimillionaire, Stebbins worked for a well-digging company in Port Huron, Michigan.
Quite an amazing confirmation that when one receives unexpected enormous amounts of money, rather than all your dreams coming true, you just might die early. So, if you play the lottery, you might want to reconsider. By winning the big one, you may actually be losing an even bigger one, like your life.
On Vital Votes, reader Tim from Beverly Hills, California responded to this with the following observation:
While Tim is right that this incident in and of itself proves absolutely nothing, there is actually a wealth of other evidence suggesting that winning the lottery may not be all it's cracked up to be.
Certainly, there's nothing wrong with wealth, but if you inherit it or win it in a lottery without doing the necessary emotional clearing you are typically in for a disaster -- although most of the time it simply results in complete loss of the income, not necessarily in an early death.
The fact is, great wealth is no guarantee of health or happiness. When people try to use money for things it cannot accomplish, such as character-building and self-esteem-building, they are invariably disappointed.
One interesting study showed that while money itself is not harmful, problems arise when wealth is used to fill voids such as self-doubt.
In order to achieve optimal wellness, it is important that the emotional and mental aspects are taken care of.