12 Reasons Most Lottery Winners End Up Losing Their Money

do most lottery winners go broke
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About 70% of all lottery winners end up entirely broke after winning the lottery Over $2 billion every year in lottery winnings goes unclaimed

Most people guess incorrectly when asked what percentage of lottery winners end up broke According to the National Endowment for Financial

dollar bill slot machine Why 70% Of Lottery Winners Go Broke · Comments20

do you get taxed on lottery winnings Did you know that most — yes, most — US lottery winners end up broke within a few years? Why is it? and what lessons can we learn from it?