How Staten Islander rebuilt his fortune, and himself, after blowing $1.1 million casino jackpot
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Frank DiTommaso blew $1.1 million on slot machine jackpot at Caesars Palace in Las Vegas. He rebuilt his bank account and professional life after the loss.
DiTommaso was 24 and his uncle Jack Zerilli was going to Las Vegas on July 14, 1989. They made their flight before the plane doors closed and stopped for breakfast before they arrived. Two youths playing keno at a table nearby won $800 and bought them their meal.
DiTommaso won $1.1 million at Caesars Palace. He was celebrating his win with Jay Leno and other casino executives. Caeresars moved him to a penthouse suite with a mountain view. He didn't sleep for a week after the big win. The celebration continued when he returned home. It was covered by the Advance and media outlets. it's equivalent to about $2.4 million in today's dollars. in inflation calculator. DiTomasos was shocked.
DiTommaso blew his $1.1 million casino jackpot. He bought Porsche 928 and Ferrari 308 sports cars, returned to Las Vegas a dozen times, ate fancy dinners and hung out with friends. DiTomasi didn't follow through on his intention to invest his winnings in real estate.
DeTommaso lost his windfall when employees left his real estate firm to work for competitors. He had to focus on his business and travel the country looking for successful people to emulate.
DiTommaso lost a million dollars in a casino jackpot. He has since rebuilt his life and owns two real estate offices in New Dorp and New Jersey.
