It's interesting how people who never play the lotto normally insist on playing when they have a very miniscule chance of winning half a billion dollars, but would never consider buying a state lotto ticket that "only" pays out 2, 5, or 10 million dollars. I guess 5 million is just not enough incentive to got to the store and buy a ticket?
i would suggest that you don't play lottery at all. i have seen lotto games, especially thai lotto. All these lottos just the same, it dosent matter if you play in a $10 lotto or a 10 Million lotto. I will tel you how.
All these lotto games have this very important thing, they make you think that winning is so very lucky, they do this using friendly languages usually
i will show you how
lets say that i am running a lotto company whose tickets start from Thousand dollars.
I would say, "Pick 6 numbers, if you get all correct and the numbers andmatch the random computer all generated series of numbers you get 10 million, if 5 or 4 correct,10 thousand, Its a win win game, why not give it a try"
so if you calculate the probability of getting 5 correct digits, i am good at Statistical modelling and Probability, so i would go straight to probability,
(5^5)/(10^6) = 1/64
so there is a 1.6% chance of you getting 5 correct digits,
Now think again, when you read the advertisement of the lotto company, you thought that you can win,
Actually you have just 1.6% chance.
Take my advice, lotto is just another way to waste money, better you invest in something.
I had to comment on this because I was one of those powerball mania people. I've never purchased a lottery ticket, but I bought at least 20 when the powerball skyrocketed. It's that "go big or go home" mentality. I thought, "well it's worth it now." But, after everything was said and done, I wished that I had put that cash in my piggy bank. I agree with Abdul's post (above).
I have also been one of those powerball mania people. We usually get a group a work to go in on tickets. I always feel like i have to go in because i by some freak of nature they would win i dont want to be the only person showing up to work the next day. But i do agree with the previous posts. I should put my money in a savings acct.
by dnrkrishnan258 years ago
If you won 10 million dollars, what would you do?
by rob_allen6 years ago
If you are given 10 million dollars to spend in a day, what will you buy?
by Abdus Salam3 years ago
If someone give you 10 million dollar, what will be your spending plan?Someone ask me the question. Please Answer this question. thanks
by hanijane7 years ago
If you won the lottery, say 10 million dollars, what would you do with the money?I would help...my church, a lot. I would put money aside for my children's future, buy a house and pay of my car, debts and put some aside...
by Jay Louidor7 years ago
If you had the choice of either 10 million dollars or enlightenment, which would you chose?
by vivienblue_063 years ago
If you are given 10 million dollars, what will you do with it? why?
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