Levi Johnston: Bristol Palin's ex is broke and living with mom
"Levi made more than $1 million and squandered it on guns, boats and four-wheelers," a source tells Us Weekly.
Johnston, 22, has been mired in legal problems with Palin for alleged failure to pay child support for three-year-old Tripp. He's also expecting a second child -- already named Breeze Beretta -- with new girlfriend S unny Oglesby.
Johnston also recently split ways with longtime manager Tank Jones, who tells Us he just wanted to work on other projects but adds that Levi is "doing great."