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Most Lottery Winners Blow Prizes in a Few Years: Surprising?

We're constantly discussing preparation for the future around here — which doesn't mean we wouldn't know how to put a large amount of cash to use immediately — but I'd like to think most of us would use foresight and take steps to keep much of that money stored away in a safe place.

It seems that I've been giving people the benefit of the doubt, because I was surprised to learn that 70 percent of lottery winners and those who receive large amounts of cash from lawsuits and the like spend their stash within just a few years! Does this surprise you, too?

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