💨 Abstract

The article discusses the potential negative consequences of winning large lottery jackpots, including bankruptcy, substance abuse, and even kidnapping. It highlights examples of lottery winners in the US and UK who have faced financial and personal difficulties after their wins, and suggests that around one-third of winners may find themselves in financial trouble. The article also offers advice for lottery winners, such as retaining an attorney and avoiding hiring an investment manager.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖