Who plays the lottery?

Who plays the lottery?
The opportunity to win a lottery is very far away, but it doesn’t stop people playing. Overall, about half of all A.S. Collective adults will spend $ 1,000 per month in a striking hope. Many times, when the lottery was introduced under circumstances, the number of local adults involved in gambling (which was technically a lottery) increased by 40%. In certain countries, most lottery income comes from a small percentage of players. A Minnesota study, for example, DATA HONGKONG determined that his 20% of his lottery contributed 71% of lottery revenues, and in Pennsylvania, 29% of players contributed 79% of revenue, according to the latest statistics from the North American Association of Lotteri State and Province (NASPL). 2.

Who plays the lottery?

Continue? The lottery is just one of the fun things we did as a way to attack him rich, right? For some people, it’s true, but for others – often those who have the least amount of money to play for this jackpot can be a serious drainer income. The number of extraordinary lottery participants seems to be in a lower economic class, according to statistics. A Gallup study broke some statistics, noting that regular lottery players produced around $ 36,000 to $ 89,999.3 small miracles that the consumer financial teacher said the lottery was basically additional tax for the poor.

The Lottery retailer collects commissions on tickets they sell and also cash when they sell victory tickets, usually in the form of awards or bonuses.

Gambling vs investment
Curious studies were placed on the porch of the Mega Millions website on March 25, 2011, a day when the chance to win up to 1 out of 175 million. The reading title, LIVE DRAW SGP “Save for retirement.” The anti-gambling group cried on this real effort to play lotteries as a means of funding the post-work years and lottery officials quickly issued a statement that said they were running a campaign that encouraged people to dream about how they would use their victory. does not offer financial strategies.

Is there a better way, more profitable, to spend or invest money that you will devote with the lottery? Let’s look at the numbers. If someone spends $ 5 per week on a lottery ticket, he adds up to $ 260 per year. More than 20 years (long-term investment horizons that are typical for stocks and bonds), the total spent on lottery tickets will be $ 5,200. Placing $ 260 per year into stock earnings around 7% every year (based on historical performance of equity) generates $ 11,015 after 20 years. But if you only spend money on lottery tickets and maybe not win anything, you will come out $ 5,200 after 20 years.

Who plays the lottery?

Of course, the stock market is never true. Stocks can depreciate and appreciate. So let’s try more careful estimates. Consider someone without a bachelor’s degree that spends an average of $ 250 per year buying lottery tickets. If the same person will start an individual retirement account (IRA) or other pension accounts that produce a 4% annual rate of conservative average and contribute to the same $ 250 for him for 30 years, they will have $ 15,392 as they reach retirement age , If they do the same thing for 40 years, the number will jump to more than $ 25,000.

Although some people will argue that in the current economy there is no way to ensure that the money will produce 4%, there is no guarantee that it will not produce more than 4%. KELUARAN DATA TOGEL But it was all beside, the possibility of having $ 15,000 after 30 years mostly in support of the person; Of course more than the opportunity for Powerball lottery 292 million 1.

Lump sum or annuity?
Say, regardless of gloomy opportunities, you won the lottery, and you won the big six numbers. You will face many decisions, and the first is how to receive funds. With most lotteries, you get a choice: they can write you check for the number of lumps or you can accept it in the form of an annuity.