How many people win the lottery and lose it all?

[kayode10]

It can be very sad to see someone who win huge amount of money from lottery or jackpot looking for after some years. There are so many factors contributing to this. Some of them usually regret winning the jackpot in the first place.

One of the questions I want to ask you guys is that How many people win the lottery and lose it all? I will be glad if anyone can you give me actual number in the comment section thanks.

 

[James108]

It's estimated that around 70% of lottery winners end up losing all or a significant portion of their winnings within a few years. This phenomenon is often referred to as the "lottery curse." There are many reasons why lottery winners might squander their money.