Review of the Reasons Why Most Lottery Winners Go Broke

what percentage of lottery winners go broke within 5 years
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lottery win Longevity Risk The payment of lottery annuities is spread out over many years, often decades If the lottery winner passes away

lottery win Longevity Risk The payment of lottery annuities is spread out over many years, often decades If the lottery winner passes away Or they fear the state andor lottery commission could go bankrupt before they are fully paid out years after claiming the winning ticket

27 lottery sambad Statistics from The likes of the National Endowment for Financial Education, show that anywhere from 30% to 50% of lottery winners, declare bankruptcy within However, more often than not, people who win big lottery money find themselves broke within a few years lottery winners go bankrupt