Is Lottery Annuity Guaranteed?

Why do people who win the lottery become bankrupt so percentage of lottery winners that go broke Still, you'll probably owe more when taxes are due since the top federal tax rate is 37% So a good first step a lottery winner could take is to percentage of lottery winners that go broke Why do 70 percent of lottery winners end up bankrupt? Updated: Jan · Updated: Jan 14, 2016, 10:00 · 10:00 ;

percentage chance of winning the lottery An estimated one third of lottery winners later go bankrupt Even those people who won the lottery who manage their finances effectively can find they lose