bankruptcy

Most people experience bankruptcy by spending a plethora amount of money. By spending too much money on the lottery can either put you in debt or can cause you to go bankrupt. “In the study, which looked at 35,000 people who won between $600 and $150,000 dollars in the lottery, researchers found that the amount of money a person won had no effect on their chances or bankruptcy.” (totalbankruptcy.com) In other words, people who actually win a large amount still would need bankruptcy protection just as people who spend their money still trying to win. Also lottery players will experience bankruptcy because they’re spending money that was supposed to pay off other things, so not only are you in debt but your broke. http://www.totalbankruptcy.com/debtress/proof-that-the-lottery-wont-solve-your-financial-woes/