Financial Loss: Victims can suffer significant financial losses by making payments for taxes, processing fees, or other fake expenses associated with claiming the supposed lottery winnings.

Identity Theft: Scammers may collect personal information from victims, including bank account details and Social Security numbers, which can lead to identity theft and subsequent financial harm.

Emotional Distress: Falling victim to a lottery fraud can cause emotional distress, as individuals realize they have been deceived and have lost money they thought they had won.

Targeting of Vulnerable Individuals: Lottery fraudsters often prey on vulnerable individuals, such as the elderly or those facing financial difficulties, who may be more susceptible to the lure of a large cash prize.