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Re:‘What a brutal business’: pop stars on life after the spo... by ardit33 on Saturday April 16, 2022 @01:29PM (#31054207)
Source?

From what I see, is that 70% spend their money after 5 years, but don't just become 'homeless' / destitute. This seems some kind of overblown myth.

The other study I found:

"Statistically, 1% of lottery winners in the Florida study went bankrupt annually (Source: https://www.creditdonkey.com/lottery-winner-statistics.html)"

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