why do lottery winners go broke

Did you imagine huge houses?
The winning numbers in last nights mega millions Lottery were 8, 14, 17, 20 and 39, with a Megaball.
It was totally a nightmare.
Some people make the most of it, and others blow.In truth, there what are face cards in blackjack are many factors as to funnest card game ever why the suddenly wealthy end up going broke as quickly as they got rich.And in the region of a hundred of them are big prize games, that pay out prizes in excess of a million every week.His brother actually hired a hitman in the hope of inheriting a share of the winnings.Archive of Forbes Articles By Deborah Jacobs.When I asked how he was doing, he confessed that he had lost everything and was looking for a job.And contrary to what wed expect, the panorama was devastating.So, what do you do?Estate Planning Smarts: A Practical, User-Friendly, Action-Oriented Guide.Going clubbing every night?Some economists have concluded that investors typically consider the loss of 1 dollar twice as painful as the pleasure received from a 1 gain.
So why do so many lottery winners go broke over such a short amount hero poker review of time?
She also admits to spending 250,000 on drugs.For more about that, see my post, " 10 Things To Do When You Win The Lottery." Our money habits are formed long before we win the lottery.But the truth is, nobody really knows.So, dear friends, apply your own personal Prospect Theory in these challenging economic times.Gallery: Biggest Lottery Winners Ever 8 images, view gallery.

Lottery companies do NOT release statistics about how many winners lose all their money.
Somehow his ex-girlfriend managed to sue him for some of the winnings.