It can be very sad to hear that someone will a huge amount of money and later become poor. I believe lack of self-control and financial intelligence is one of the reason why people are unable to manage huge amount of money they win from the lottery or lotto games. Most of the times I usually think about this case is all the time.I want to ask you guys that why do people who win fortune in laundry become poorer later in life?
Why do lottery winners become poor?
- Thread starter kayode10
- Start date
I think lack of financial intelligence e and financial literacy is one of the reason why the best winners usually go broke after winning huge amount of money. large majority of them don't really know what to do next after winning huge amount of money so the only thing they do is to spend without investing.
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Sike_lottery
Guest
If you play lotto, it is very confidential because your ticket is not shown to everybody. Your ticket is kept secret with you except if you reveal it to someone else. This is exactly how the premier lotto works.
It's actually pretty common for lottery winners to go broke after winning the jackpot. There are a number of reasons for this, but the most common one is poor money management. In some cases, lottery winners are also targeted by scammers and con artists who take advantage of their newfound
