Lamborghini? Not Enough
steemit·@deathcross·
0.000 HBDLamborghini? Not Enough
**Google is your friend. Lottery, is not. Getting rich quickly, isn’t enough either. You have to learn also, how to conserve your wealth.** I sense a huge similarity in the life of crypto-enthusiasts and lottery-winners (or hereditaries of big fortunes, for example). This time, I’d like to share a bunch of links and quotes to express my opinion, thinking it ‘ll be useful. ### Beginning with the end **Conclusion? Yes.** It is not enough to wait for the brave crypto-heaven and the new, almost free Lamborghini. May be you need financial education to protect yourself. (Study, work, improve yourself. End of preaching.) ### Why do 70 percent of lottery winners end up bankrupt? [cleveland.com](https://www.cleveland.com/business/index.ssf/2016/01/why_do_70_percent_of_lottery_w.html) > It seems difficult to believ The lucky winners… In fact, about 70 percent of people who win a lottery or get a big windfall actually end up broke in a few years, according to the National Endowment for Financial Education. https://cdn.steemitimages.com/DQmcRc5tmxj8BU2gtzrpQTi5U8fdx3HNFNu5hSKVvEwWw5W/luxury-sports-car-1043632_1280.jpg *Photo: Pixabay* ### Here's why lottery winners go broke [CNBC](https://www.cnbc.com/2017/08/25/heres-why-lottery-winners-go-broke.html) > Lottery winners are more likely to declare bankruptcy within three to five years than the average American. (…) most people who make it to the top one percent of income earners usually don't stay at the top for very long ### 23 Lottery Winners Bankrupt Statistics [BrandonGaille.com](https://brandongaille.com/22-lottery-winners-bankrupt-statistics/) > For many lottery winners, however, life becomes anything but simple. It could be said, in fact, that winning the lottery won’t make you happy at all. In multiple studies, people who win the lottery are twice as likely to file for bankruptcy every year than the general population (…) In a recent study of lottery winners, only 55% of them felt like they were happier after winning the lottery than before it – 43% said that their money had no effect on their happiness (…) instead of getting people out of financial trouble, winning the lottery got people into more trouble ### Things Lotto Winners Won't Tell You [Reader's Digest](https://www.rd.com/advice/saving-money/13-things-lottery-winners) >Whether they win $500 million or $1 million, about 70 percent of lotto winners lose or spend all our money in five years or less. Past lottery winners weigh in on losing friends, becoming spectacles, and increasing the odds of striking it rich. ### Lottery Winner Statistics: 23 Eye-Popping Facts [CreditDonkey](https://www.creditdonkey.com/lottery-winner-statistics.html) >Spending millions of dollars all on your own is not as much fun as sharing the wealth. A study of 3,000 British winners who won $1 million or more found that a staggering $1.8 billion was handed over to friends and family. ### Why So Many Lottery Winners Go Broke [Fortune](http://fortune.com/2016/01/15/powerball-lottery-winners/) > More than 80 others won $1 million or more. What all of these folks do next will determine whether their windfalls improve their lives—or leave them suffering (…) Although some lottery commissions let winners remain anonymous, today’s social media world makes that virtually impossible (…) Requests and demands for money is the start of your path to ruin. ### Do you want more? Google this articles: Powerball: How Winning the Lottery Makes You Miserable Lottery Winners Who Blew It All - Business Insider Lottery winners who lost everything - Business Insider 21 Lottery Winners Who Lost It All - The Penny Hoarder 20 lottery winners who lost it all – MSN Money ### [My other post about this theme](https://steemit.com/investing/@deathcross/are-you-a-future-crypto-millionaire) ## All meaningful comments will be rewarded with my actual 100%.
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