When we win a lottery or in gambling is it "easy come easy go"?

Question

Is this the psychological trend for many winners.In other words do they spend lavishly without care and mostly end up where they started.

Answer 1

most loses their money after they win the lottery. but some, some know hoe to save, and so that's the beginning of becoming the next Warren Buffet

Answer 2

many lose it all. others are more careful. I am waiting for the big hit,soon...:) and I will keep it.

Answer 3

Tune into the E! network's "True Hollywood Story" sometime. Many lottery winners don't handle the financial windfall well and end up worse off then before the lottery winning.