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Winning the lottery may seem like a stroke of luck, but it can actually lead to financial ruin for many people. According to various studies, close to one in three lottery winners end up bankrupt. Money can cause more problems than it solves, leading to a downward spiral that is hard to escape from.
Without a support system, it’s easy to crumble after experiencing success. After all, many winners find themselves feeling alone and depressed after disconnecting from close friends and family. Often this can lead to substance abuse as a coping mechanism which then spirals down into an even harsher crash.