[marktwain]

Just because you can sing, dance, act or play a sport does not mean you can handle money. It is no different than the person who makes $50K a year but has $35K in credit card debt.

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Exactly correct. Most people who win the lottery are broke in five years. They spend, spend, spend, on frivolities. They give away lots of money. They “invest” in get rich quick schemed peddled by people wanting to use their money.

They have never learned to handle money, so they blow it.

[wally_bert]

If I ever won the lottery, my first steps would be to get some professional management and establish a system that paid an allowance.

The rest saved, invested, and split to worthy charities and religious groups.

[Graybeard58]

Most people who win the lottery are broke in five years. They spend, spend, spend, on frivolities.

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You just described my retirement plan.