Michael Carroll Net Worth (Updated 2025).

Michael Carroll, born and raised in a small town in Maine, didn’t have an easy start in life. He dropped out of high school at 16, working odd jobs to make ends meet. His big break came when he was 18, while working as a janitor at a local newspaper office. He stumbled upon an abandoned camera and, driven by curiosity, taught himself photography using books from the local library.

Michael Carroll’s Current Net Worth (2025)

As of 2025, Michael Carroll’s current net worth is estimated to be around $5 million, according to the latest available information. This figure is subject to change and may not reflect his most recent financial status.

Career

Michael Carroll, born in 1985, is a former professional poker player from the United Kingdom. He rose to fame in 2005 when, at the age of 22, he won the World Series of Poker Europe Main Event, earning a massive $2.5 million. Carroll was known for his aggressive playing style and became one of the youngest players to win a WSOP bracelet at the time.

Other Ventures

After his poker career, Carroll ventured into various business endeavors. He co-founded a poker training site, PokerStrategy.com, and later invested in several online gambling companies. He also dabbled in property development and has interests in a few bars and restaurants in the UK.

Assets

Carroll’s assets include properties in the UK and abroad, primarily in Spain and the Caribbean. He also owns a fleet of luxury cars, including a Rolls-Royce Ghost and a Lamborghini Aventador. His poker winnings and business ventures have contributed significantly to his net worth.

Annual Income

Carroll’s annual income varies greatly depending on his poker earnings and the success of his business ventures. In his peak poker years, his annual income could reach over $5 million. However, since his retirement from professional poker, his annual income has been more modest, estimated to be around $1 million per year, based on his business interests and investments.

Frequently Asked Questions about  Michael Carroll

Frequently Asked Questions about Michael Carroll Net Worth

1. What is Michael Carroll’s net worth?

Michael Carroll’s net worth is estimated to be around $10 million.

2. How did Michael Carroll make his fortune?

Michael Carroll, also known as “The Lotto Lout,” won a £9.7 million jackpot on the National Lottery in 2002 at the age of 19. He spent his winnings on a lavish lifestyle, including luxury cars, a mansion, and expensive vacations.

3. What happened to Michael Carroll’s lottery winnings?

Carroll spent his lottery winnings on a lavish lifestyle, including buying a mansion, luxury cars, and expensive vacations. He also made poor investments and faced legal troubles, which contributed to the loss of his fortune.

4. Is Michael Carroll still wealthy?

No, Michael Carroll is no longer wealthy. After spending his lottery winnings and facing financial difficulties, he declared bankruptcy in 2010.

5. What does Michael Carroll do for a living now?

After his financial struggles, Carroll worked various jobs, including as a binman and a laborer. He also made a documentary about his life and wrote an autobiography titled “Bust: The Michael Carroll Story.”

6. How old is Michael Carroll?

Michael Carroll was born on December 29, 1982, making him 39 years old as of 2022.

7. Where is Michael Carroll from?

Michael Carroll is from Norfolk, England.

8. Did Michael Carroll go bankrupt?

Yes, Michael Carroll declared bankruptcy in 2010 after spending his lottery winnings and facing financial difficulties.

9. What is Michael Carroll’s autobiography called?

Michael Carroll’s autobiography is called “Bust: The Michael Carroll Story.”

10. Has Michael Carroll made any public appearances since his lottery win?

Yes, Michael Carroll has made several public appearances since his lottery win, including in documentaries and on television shows. He has also spoken openly about his experiences and the lessons he learned from winning and losing his fortune.