Consider the custodian/janitor versus the horsey set. I wonder if I won lotto would I really buy a rolls, have a butler, or even know how to behave
Most people who come into sudden wealth don't change their taste, they buy more of the things they already wanted to buy. Effectively turning their current lifestyle up to 11.
There are many things that I wouldn't buy, even if I could, because I see no inherent value in them. I wouldn't want a 50,000 sq ft house, because it just wouldn't suit my lifestyle ... but a comfortable amount of space so I can have a room for whatever hobby? Sure, why not.
The bottom line is that people who are reckless with money who suddenly acquire a lot (e.g. a lottery win) just waste it, because that is what they have always done with their money. Other people would save and / or invest because they was what they did when they has more modest amounts.