Why lottery winners lose it all?

What are some reasons people lose all the money they won?

Answers( 1 )


It's quite sad and unfortunate when winners become millionaires one day then lose everything almost instantly.

There are many reasons this might happen. Some people just don't know how to handle or adapt to having so much money. They might spend their winnings on fancy cars, huge mansions, designer clothes, luxury trips, crazy parties, what have you.

Some may continue to push their luck and continue to gamble, maybe blow off huge sums in a casino. Also, they may have substance abuse problems. Spend too much on drugs or whatever.

If you're lucky enough to win the jackpot, this article may help save your winnings and your life, https://www.hityah.com/lotto/blog/8-things-you-should-do-after-winning-the-lottery Hope that helps.

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