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Economy

Why lottery winners often lose their fortunes

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Winning the lottery is just a really fast track to ruining your life with extra steps. Despite securing millions in instant cash, studies estimate that up to 70 percent of lottery winners manage to blow through their entire fortune and declare bankruptcy within three to five years. Giving a mathematically illiterate person a bottomless checkbook usually just attracts scammers, lawsuits, and terrible investments.

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Why lottery winners often lose their fortunes
STACKY / Economy
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