Hamilton lottery winner fritters away $10 million

[roguejuror]

In the past several years, social science has produced a large cache of information about the psychological and sociological effects of sudden wealth. The statistics are astounding: Recent research has suggested that nine out of every ten lottery winners goes through his or her winnings in less than five years; according to Sports Illustrated, nearly 80 percent of NFL players file for bankruptcy within two years of retiring.

http://www.eastbayexpress.com/oakland/the-bacon-wrapped-economy/Content?oid=3494301

 

[MrMonkey]

RJ, it's sad but guess lots of people have no discipline! Wish MrsM and I could help push the numbers higher than 10%!

 

[FairWarning]

The NBA players burn money at an amazing rate also.