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  2. Why Lottery Winners Go Bankrupt (and What They Should Do ...

    www.aol.com/finance/why-lottery-winners-bankrupt...

    It's difficult to nail down a reliable statistic related to how many lottery winners go bankrupt. Some sources say one-third, while others say up to 70%. However, it's easy to find more than a ...

  3. Sudden wealth syndrome - Wikipedia

    en.wikipedia.org/wiki/Sudden_wealth_syndrome

    Otherwise, in cases of lottery winners, sudden inheritances, and trading of cryptocurrencies, educating oneself is highly recommended by professionals and wealth psychologists. [15] By researching how to budget and save, understanding the investment basics, and overall gaining financial literacy, a recipient may feel more comfortable and ...

  4. “Cruel And Heartless”: Guy Refuses To Share White Elephant ...

    www.aol.com/aita-not-sharing-lottery-winnings...

    Unfortunately, there are plenty of stories of lottery winners’ lives going downhill after encountering what many consider immense luck. Known as the “lottery curse,” the misfortune that ...

  5. 'We don't want our children to be waiters — waiting for us to ...

    www.aol.com/finance/dont-want-children-waiters...

    John says his decision was based on research he did following his big win, saying he learned that a number of lottery winners end up spending their money and going bankrupt within a few years of ...

  6. The $2 billion Powerball winner is making the worst mistakes ...

    www.aol.com/finance/2-billion-powerball-winner...

    The winner of the record-breaking $2 billion Powerball prize is breaking every financial planning rule in the book. Edwin Castro is buying up California real estate since winning the lottery in ...

  7. The Lottery Hackers - The Huffington Post

    highline.huffingtonpost.com/.../en/lotto-winners

    Gerald Selbee broke the code of the American breakfast cereal industry because he was bored at work one day, because it was a fun mental challenge, because most things at his job were not fun and because he could—because he happened to be the kind of person who saw puzzles all around him, puzzles that other people don’t realize are puzzles: the little ciphers and patterns that float ...

  8. The Mega-Millions lottery has reached a stunning $1.15 billion, the fifth largest prize in the history of the game. The amount you would take home would likely be less than half of that, depending ...

  9. Why You Should Never Play the Lottery - AOL

    www.aol.com/finance/heres-why-never-play-lottery...

    Big lottery winners are incredibly likely to blow it all, go broke, and end up worse off than they were before they won. One of the biggest reasons is the sense of entitlement that friends and ...