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What Are Your Chances Of Winning The Lottery? (The Danger Behind The Jackpot)

Updated on November 20, 2014

What Are Your Chances Of Winning The Lottery?

Mega Millions Loto Ticket
Mega Millions Loto Ticket | Source


Experts say that the chances of winning the lottery is slim to none. However be careful what about what you ask for, some lottery winners end up in danger due to greed. This article is about the history behind the lottery and the downfall behind winning.

The Anticipation Of Overnight Financial Success

Line to play the lotery at a local grocery store.
Line to play the lotery at a local grocery store. | Source

The Lottery Stand

Image of a lottery Stand.
Image of a lottery Stand. | Source

The Lottery Attracts Hopeful Winners

The anticipation of overnight financial success. lures many to spend money on a hopeful winning ticket. Millions of people line up to play lottery. Dreaming about winning the lottery is a wish that many people can relate to.

10 Crazy Things More Likely Than Winning The Lottery.

The Odds Are Against You

Aaron Abrams, a mathematician at Emory University wrote an article in American Mathematical Monthly called "Finding Good Bets In The Lottery And Why You Shouldn't Take Them", Abrams shares that the odds for winning the lottery are about one in 175 million which means that you're about 100 times more likely to die of flesh-eating bacteria than to win the lottery.

In It For The Money?

Image of money.
Image of money. | Source

Winning The Lottery Could Create More Problems

So what if you win the lottery? Now what can you do about the greedy family member that shows up out of nowhere to hit you up for a loan? How do you mange your money?

Many lotto winners end up in debt they do not know how to manage their money. A credible financial consultant is highly recommended.

Why 95% Of People Who Win The Lotto Are Broke In 3 Years.

What Would You Do If You Won The Lottery?

Most people may have good intentions when it comes to playing the lottery. Paying off credit card debt, helping out family members, and perhaps taking a nice family vacation are noble motives. However winning the lottery could create more problems than anticipated, which could outweigh our good intentions.

Beware, Money Attracts Greed.

Chinese Han Dynasty between 205 and 187 BC.


The History Behind The Lottery

Research states that the origination of the lottery started through the form of Keno slips from the Chinese Han Dynasty between 205 and 187 BC. The lotteries were created to help invest in government projects such as the Great Wall Of China.

The Lottery In Rome Was Used To Fund The Roman Empire.

:// | Source

European Lotteries Were Said To Be Held During The Roman Empire

European lotteries were said to be held during the Roman Empire, mainly for entertainment at dinner gatherings. The guest would receive a ticket in which the prizes would consist of extravagant items, a distribution of offerings given by wealthy men during the Saturnalian Revelries.

Augustus Caesar Is Said To Be The First To Organize Ticket Sales For The Roman Empire

Augstus Casear statue.
Augstus Casear statue. | Source

The Earliest Purchase Of A Lottery Ticket

The earliest recollection of a lottery ticket sold for money was said to be organized by the Roman Emperor Augustus Caesar, in which he used the earnings to repair the city of Rome.

Early America, 1612–1900 an English lottery was authorized by King James I

Early America, 1612–1900 an English lottery was authorized by King James I in 1612 the Virginia Company of London the authority to raise money in order to help promote settlers in the first stable English colony in Jamestown, Virginia.

King James I, Is Said To Be The First To Organize A Lottery In America

Image of King James I
Image of King James I | Source

The Lottery Poll.

How Often Do You Play The Lottery?

See results

In Today's Time Lotto Players Believe That They Can Defy The Odds

In today’s time lotto players believe that they can defy the odds. The thought of winning tons of money by investing a small amount of money is tempting enough to take a chance. Dreaming of winning the jackpot can be pleasurable fantasy for most lotto players.

For those who are down on their luck winning the lottery could be their 'Charlie & The Chocolate Factory', Golden Ticket moment.

Emunah La-Paz

The Golden Ticket

Change Your Gambling, Change Your Life: Strategies for Managing Your Gambling and Improving Your Finances, Relationships, and Health Amazon Price: $9.97


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