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Hitting the jackpot can be life-changing, but without proper planning, it can lead to financial disaster. Understand the common pitfalls that have ruined previous winners.

Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Winning a lottery jackpot promises financial freedom, but the reality is that many winners end up broke within a few years. Your windfall could disappear faster than you imagine. If the best happens…