Why 70% Of Lottery Winners Go Broke

what percent of lottery winners go broke
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A study from the National Bureau of Economic Research tracked more than 3,000 Swedish lottery winners between five and 22 years after they won

One found that a third of lottery winners go bankrupt It's not lottery winners who go broke Riches to rags  According to a recent report from the Philadelphia Federal Reserve, an arm of America's central bank, for every $1,000 your close neighbour wins

poker iphone app Various news outlets report that one-third of lottery winners or people with a big windfall go broke within a few years, quoting a study Chicago-based Stoltmann Law Offices explained that there is a reason why, according to them, 70 percent of lotto winners eventually go broke