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Looking at populations of people who have gone from being very poor to being very rich overnight does not support that statement. Most of the time the money is more of a curse than anything else. I believe the same goes for people who go from very poor to receiving an annuity from things like legal settlements, but I am only guessing at that

That's a bad comparison, there have been studies that show a small no-strings-attached monthly allowance made people's lives easier and overall better. They did not spend the money on crap like most lottery winners do.

I assume the reason is that those people realize they're still poor, but got a bit of help. Lottery winners get more money than they can handle, start assuming they're rich and that messes up their spending habits.



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