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by ChainOfFools 984 days ago
The vast majority of lottery winners are not of the instant robber baron generational wealth level. "1/3 of lottery winners" has to be qualified with what the minimum payout was that we're talking about here because obviously a lot of lottery winners are exactly the sort of people who are going to be living paycheck to paycheck, or even in such dire circumstances that they are likely close to bankruptcy anyway. A 50000 or 100000 or even 500,000 dollar/euro lotto windfall is likely to exacerbate their fundamental problems rather than solve them.