This article focuses on why lotto winners often lose their money quickly. But it does a pretty good job of explaining why many people will always be poor. Why Winning The Lotto Is Bad For Your Finances... Many studies have been conducted following the journey of the winners of lottery stakes and the studies have found that in nearly all cases the winners ended up with less money or in a worse financial situation than they were prior to winning the lottery, in just a short period of time afterwards. That's a pretty interesting finding isn't it? So why is this? Could it be that the mentality that causes people to buy lottery tickets is the same mindset that loses those winnings. One of the proven points is that if people advance beyond where they are, whether it be financially or socially, that they eventually gravitate back to the level where they see themselves. (Eg. The image you have of yourself must also advance if you are to retain your financial status). So when people gain these winnings, they don't have the financial intelligence to deal with the large amounts of money and therefore these funds disappear at an extremely fast rate. On the other side of the coin if we look at people that have created their own wealth, their wealth continues to grow. By developing the right mindset in the first place it gives them the understanding of what wealth actually is. When speaking about wealth, most think we are talking monetary value but we are also talking about a whole life approach and having abundance within our lives. By having an abundance mentality it gives us the ability to then further increase our abundance even further. Understanding the abundance mentality gives people the ability to realize that if they add value to society and other people's lives that the good things will return to them. It has been said that if all the wealth on the earth was taken away from the wealthy and divided evenly to everyone on this planet that within a very short space of time the wealth would end up back in the hands of the wealthy not because the wealthy come and steal it, but because the wealthy have the mentality which enables them to make and attract wealth into their lives, where as those without the right mindset don't know how to retain their wealth. So if the old saying "It takes money to make money" was correct, this scenario would not work, so the only difference here is the mindset and the mentality of the people involved. If we think along the lines of scarcity that is what we will attract into our lives, if we think along the lines of abundance we will have abundance within their lives.