08/09/2012 08:53 am ET | Updated Aug 09, 2012

13 Creative Ways To Lose Millions Of Dollars Really Quickly

Lighting money on fire may still be the quickest way to get rid of it, but reasonable alternatives do exist.

Yes, as countless celebrities, athletes, market traders and criminals have learned, it's far easier to lose a fortune than to make one.

Take four-time heavy weight champion Evander Holyfield as an example. Here's a guy who made $250 million during his highly successful boxing career. He then proceeded to blow through most of his career earnings while struggling to make child support payments for nine children and eventually lost his $14 million Georgia home to foreclosure.

Here's a how-to guide for anyone else looking to lose a fortune:

A How To Guide For Losing Millions Of Dollars Quick