Loren Krytzer, a California man down on his luck got a change of fortune after a blanket he inherited from his grandmother sold for nearly $1.5 million at an auction.
Loren Krytzer was involved in a car accident in 2007, after which he was forced to have his foot amputated and could no longer continue working as a carpenter.
After having used most of his newfound fortune buying two homes in Central California, a Dodge Challenger SRT8 customized by West Coast Customs (the team made famous in MTV’s Pimp My Ride), and a Harley-Davidson motorcycle — things he never dreamt of owning before. Krytzer says, he is losing about $10,000 a year in insurance and property taxes alone.
With no income stream now that his disability checks were cut off, Krytzer says that to continue living off his windfall he’ll have to relocate to somewhere where the costs of living are lower.
“We’re getting taxed to death here. I can’t afford it,” he says. “I’m from California, I grew up here, but without working, it’s just hard to survive.”