- NEW!
by ILuvAnimals on February 27th, 2008
Most people have not been educated on how to manage money and do not have the contacts or resources to help them. When they get this money vultures come out of the woodwork and they get overwhelmed.
I think the problem really lies in lack of financial education for everyone. There would be a lot less debt if financial education was mandatory in schools. Some governments are run on getting people to spend their money to keep the economy going, so it is counter-intuitive to educate them on saving and managing money.
Can out-of-state players win the lottery?
by Answerbag Staff on March 15th, 2011
| 1 person likes this
Who do you think is the real owner of this lotto winnings?
Any opinions?
by Beanss... on August 24th, 2011
| 1 person likes this
What is the highest federal tax rate applied to lottery winnings?
by Answerbag Staff on July 14th, 2010
| 1 person likes this
Do I have to pay taxes on a lottery win if I am over 70?
by Answerbag Staff on June 1st, 2010
| 1 person likes this
Anybody here won the $5,000 a week for life game?
by Mr.Bean Mime on July 17th, 2011
| 3 people like this
You're reading Why do so many lottery winners complain that having all that money has ruined their lives?
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Comments