Why do 70 percent of lottery winners end up bankrupt?

what percentage of lottery winners go broke within 5 years
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In just five years, 44% of them squander all of their fortune and file for bankruptcy In fact, around 1% of lottery winners go bankrupt every single year, and

Better yet, go buy a safe or rent a safe deposit box if you don't have one At the same time, keep the premise of winning safe Do not post about it on social Powerball are paid out in 30 annual installments, increasing 5 percent yearly Over time, the size of Mega Millions and Powerball jackpots has

what does wheel mean in lottery The National Endowment for Financial Education disputed the authenticity of an often-cited statistic attributed to it, which claims that 70% of The richest Powerball winner in “He's gonna go broke ASAP,” one person seethed “This guy will be broke in less than 5 years,” another