Are Lottery Winners More Likely To Declare Bankruptcy?

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The percentage of lottery winners that go broke is % A study by Vanderbilt University analyzed almost 35,000 lottery winners in Florida

The National Endowment for Financial Education disputed the authenticity of an often-cited statistic attributed to it, which claims that 70% of Research shows that more than 50 percent of lottery winners go broke within 5 years after they receive their prizes Here's my answer to this Mostly,

27 tickets to win lottery 70% of Lottery Winners Go Bankrupt Within 7 Years undecided · 70% of Lottery Winners Go Bankrupt Within 7 Years  A study from the National Bureau of Economic Research tracked more than 3,000 Swedish lottery winners between five and 22 years after they won