Are Lottery Winners More Likely To Declare Bankruptcy?

what percent of lottery winners go broke
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Statistic 2 Approximately 70% of lottery winners end up broke within a few years of winning

That number implies that 1% of Florida lottery players go bankrupt in any given year, about double the rate for the broader The winner of the $ billion jackpot has hefty taxes coming IRS withholding takes $187992000 up front, and $101829000 more is due April

mississippi lottery match 5 Various news outlets report that one-third of lottery winners or people with a big windfall go broke within a few years, quoting a study Janite Lee spent it all on charity and political donations After winning an $18 million lottery jackpot in 1993, Janite Lee saw her winnings