Mike 'The Situation' Sorrentino spent $500K on drugs before sobriety

might be celebrating his eighthon December 25, but there was a time when his attorneys once informed him he'd spent an estimated $500K on cocaine and oxycodone.

'I was like, "Man, that definitely sounds about right," because it was true,' the 41-year-old Jersey Shore star recalled to on Monday.

'When you think of that number, when you hear that number, that's a good college fund right there. I gotta just be accountable and be like, "Yeah, that happened." I was wild. I was careless. I was reckless, and I fell prey to drug addiction.'

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