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1044% of winners lose it all

Call it the Mike Tyson effect. Wealth is a lifestyle, and acquiring should come about through lifelong hard work, self-restraint and similarly boring virtues. Being wealthy, you might say, is a state of mind not conducive to flaunting every penny saved and earned.

Since earning isn’t exactly a variable in

the jackpot, you’d think winners would take extra care of their finite fortune. But oh the human condition; to some, well-to-do simply has to mean castles made of Jell-O and private laser tag arenas.

44% of national lottery winners deplete their entire winnings within 5 years. For any jackpot over a few million dollars, you have to admit that is a stunning feat. Let’s hope they kept their day job.

Next 9 48% of winners keep their day job

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