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Originally Posted by LuxLiving
Jackie - this just made me cackle right out loud! I posted you over on the Financial Quotes thread!
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<laugh> That's nothing - the main page just now had this "Money Fun Fact":
You are 15 times more likely to die from flesh-eating bacteria (one in 1 million) than to win the lottery (one in 15 million).
Yikes! So I hit reload for a few more:
More than 90 percent of lottery winners use up their winnings within 10 years -- some go through their money in weeks or months.
If your car gets 25 miles per gallon, and each Lotto ticket purchased equals a gallon of gas in your car, it would take 730 round-trips to the moon before anyone won the jackpot.
Statistical odds of winning the average state lottery are about one in 15 million (although the figure can vary slightly from state to state, depending on how large the pot gets). At the rate of 2,600 tickets a year over 5,000 years, you would only be mathematically guaranteed to hit the lucky numbers after an investment of roughly $13 million dollars.
You know that the odds of winning the lottery are not good, but do you realize how difficult it is? If you purchase 50 Lotto tickets each week, you will win the jackpot every 5,000 years.
It is three times more likely for a person driving 10 miles to purchase a Lotto ticket to be killed in a car accident than to win the jackpot.
And yet, I actually know people who budget in lottery tickets. Go figure.
Jackie