Study: lottery winners’ neighbors tend to spend themselves into bankruptcy

Vox reports:

When someone wins the lottery, it can be bad news for his neighbor's finances. A new study from the Federal Reserve Bank of Philadelphia examines the relationship between lottery winners in a particular Canadian province and bankruptcies in the same province — it found that neighbors of lottery winners are unusually likely to go bankrupt, and the larger the lottery prize, the more likely bankruptcy becomes.

Imagine that.