So What Happens Exactly When Someone Wins the Lottery?

Winning a big ticket lottery very often isn’t all that it cracked up to be and despite a windfall of cash, a surprising number of winners have gone on record as saying winning the lottery was the worst thing that ever happened to them. And some could never end up saying it because of the surprising amount of murder that occasionally happens after, as we’ll get into. But as to the more normal non-murderous awful, this is something that might have a lot to do with the fact that lottery winners (at least in the US) often receive little to no advice on how to adjust to their newfound wealth, which may sound obvious and easy to some, but there are a number of pitfalls we’re guessing most have not considered that have nothing to do with having well managed investment accounts.

Author: Daven Hiskey

Host: Simon Whistler

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