Everything You Know About the Fate of Lottery Winners Is Probably

percent of lottery winners that go broke
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US research by economists Hankins, Hoekstra and Skiba found that lottery winners were more likely to file for bankruptcy than the rest of the

Not only do most winners have to deal with people coming out of the woodwork looking for a handout, but there have also been cases of bankruptcy According to the National Endowment for Financial Education, 70% of lottery winners go bankrupt within a few years Obtaining more money often

red hot poker flower It's that myth that all lottery winners end up broke and that they As much as 70 to 80 percent of total national lottery sales comes from the Other studies found that instead of getting people out of financial trouble, winning the lottery got people into more trouble, since bankruptcy