Jumping Right Up To The 1%

Photo taken from Flickr user: Robert S. Donovan

One individual may find themselves becoming one of the richest individuals in the country, and part of the 1% over night thanks to the Mega Millions lottery.

There’s so much craze due to the grand prize being so high, which has now gone up from 540 to 640 million dollars, making it the biggest US (and possibly world) lottery prize ever. Does that mean another 100 million dollars worth of tickets have been bought/sold within the last few days?

According to the information presented in this article, about $1.46 billion dollars worth of tickets have been bought/sold that has led to the $640 million sum. So, in other words, this whole lotto thing is a rip off, since everyone collectively has spent almost three times the amount of the prize and could have just given that money to each other. I don’t know how this whole lottery stuff works (i.e. how the money is divided, where it all goes, etc.) and I don’t care enough to research it. But I think it says a lot that people are willing to spend so much money on something so unlikely to pay out, instead of donating that same money elsewhere, where the money is very much needed (e.g.  their home, immediate communities, organizations, charities, etc.). I’m not judging, really I’m not.

I would never say it’s bad to buy one or as many lottery tickets as you may like, because it’s practically harmless, unless you break your own wallet trying to win. But I feel that if someone is meant to win, they’ll win whether they spend $1 or $100 or $1,000. Yes, theoretically your odds of winning increase with the more tickets you buy, but realistically your odds are so bad in the first place that it really makes little difference. Not to mention, there’s really no strategy of determining which numbers are more likely to be pulled out; if you win, it’s due to pure luck and faith and not because you’re smarter than everyone else in cracking the code.

One big concern of mine, because I’m such a thoughtful person (sarcasm), is what the winner will do with the money. At first I thought a much better idea would be to split the one $640 million prize to six-hundred-and-forty $1 million prizes. However, after further consideration, $1 million nowadays seems like pocket change, especially after taxes, and I think people are more likely to spend that little amount of money (sarcasm) purely on themselves, and not really consider helping and donating to those in need. This is purely my negative assumption of people, I’m sorry for that. Hopefully the winner will do great deeds with that large sum of money.

Anyways, I didn’t buy any lottery tickets. But, had I considered buying at least one ticket, these would have been my numbers: 2, 16, 24, 42, 56; 10 (FML if those turn out to be the numbers). Good luck to all!

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