Basic concept for creating lottery were two human emotions passions (weakness) to earn quick buck & gamble. Quick rich scheme :)
In Slovenia we have 57 millionaires from lottery games.
Mathematical stand point
If we pay 8 lottery ticket 4.8 €. We pay 1664 € in 5 years time. The chance of winning jackpot is 0.0135 %.
If you want to increase your chances to 10 %. You need to play 1000 years and bought 1.000.000 € worth of lottery tickets.
To get to 50% chance of scoring jackpot you need to play more then 25.000 year and spent more than 8.000.000 €.
The odds of becoming a lightning victim in the U.S. in any one year is 1 in 700,000. The odds of being struck in your lifetime is 1 in 3,000.
So there is more probably you will get struck by lightning over win a jackpot :)
So better to wait for the rich lightning. I suggest work hard and work smart. There is so much potential and opportunity out there. The technology is enabling us infinite opportunity. You just need computer and internet connection. You do not need big resources to succeeded. You just need to learn what money likes. And the act accordingly. Remember that work beats talent every time. So talent is just higher step to successes.
Millionaire statistics
To this date there were 36 million millionaires.
The United States 43 %,
Japanese 7 %,
Great Britain 6 %,
France 5 %,
German 5 %,
China 5 %.
Everyday 1.700 American people become millionaires.
- 84% millionaires have college degree,
- 82% millionaires have savings accounts,
- 23% all incomes are reinvested.
In average they took 32 years to to get the first million.
Instead of having big screen TV, they have big libraries. Most of them continuously to educate themselves 30 minutes per day;
