Neighbors of lottery winners are more likely to go bankrupt

Neighbors of lottery winners are more likely to go bankrupt lottery winners bankrupt Specifically, every $1,000 in lottery winnings translates to a percent higher probability of a nearby neighbor declaring bankruptcy The lottery sambad 2407 23 We find that the magnitude of lottery wins increases the value of risky financial assets on the balance sheets of non-lottery-winning neighbors at

lottery sambad 2407 23 For every $1,000 increase in the lottery prize in a Canadian province, there was a % increase in bankruptcy filings by the winner's neighbors over the

lottery sambad 25 october Edwin Castro, 31, scooped up $ billion in a California lottery last year and became an overnight billionaire, adding $ million to his US research by economists Hankins, Hoekstra and Skiba found that lottery winners were more likely to file for bankruptcy than the rest of the