Is it true that most people who win the lottery end up going broke and spending all their winnings soon after?
user
According to our data, one study found that 51% of lottery winners became broke in 5 years.
assistant
Is it true that most people who win the lottery end up going broke and spending all their winnings soon after?
user
A very interesting question!  Actually, research shows that very few lottery winners go broke, because they’re pretty smart about managing their money.  In fact, many of them use some sort of “budgeting system” so they can get used to spending less money, in preparation for when they have the money.
assistant
Is it true that most people who win the lottery end up going broke and spending all their winnings soon after?