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Benzinga

One-third of lottery winners declare bankruptcy within three to five years

Benzinga
Summary
Nutrition label

62% Informative

Lottery winner Steven shared his story with Dave Ramsey on The Dave Ramsey Show .

His story highlights a common challenge many sudden wealth recipients face.

Nearly one-third of lottery winners declare bankruptcy within three to five years , a rate significantly higher than that of the average American .

The hosts, Ken Coleman and George Kamel , advised Steven to maintain a $ 1,000 emergency fund.

VR Score

51

Informative language

45

Neutral language

59

Article tone

informal

Language

English

Language complexity

47

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

13

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