What happens to the winners of the smaller lotteries? Like Texas Two Step or Cash 5?

Plenty of articles document the outcome of lottery winners who win several millions. And the outcome usually range from only improving their life marginally over the long term, to being worse off than the started, or in the other extreme complete bankruptcy and homelessness.

But what happens to the smaller lottery winners? Texas Two Step prize usually ranges from $200K to $1 million. Cash 5 is in the mid thousands. Then there are scratch off games which range from several thousand to several hundred thousand.

submitted by /u/txs2300
[link] [comments]