Lottery Changes

Every day is a gamble. To the point where even though they know the odds of just about anything. Humans are constantly obsessed with getting ahead by any means. For example: even though you are more likely to die on the way to the lottery than you are to win the lottery, people still can’t get enough of it. The game itself is completely random however if you look hard enough you can find statistical changes in anything. The majority of wining tickets are purchased the night before a drawing. Unfortunately there is also more people buying tickets the night before a drawing. Wouldn’t it be nice to press a button and have your computer determine to within a certain percentage what the numbers will be? 95% of people who win the lottery squander their money and are broke within three years. Can you believe that? I know that if I won the lottery–even the small ones–I would be financially sound for the rest of my life. Probably because I would take a different approach to it. It would pay for education, a home, and a vehicle. When everything is paid off up front, it is cheaper long term. Afterwards I’d take the amount and divide it up several ways. Most of which would be put into long term, untouchable savings accounts, drawing a larger interest rate. A few would be put into regular savings accounts, drawing a smaller interest rate. The reasonable amount that remained would be spending money split into two accounts at separate banks for security purposes. I would set them up so that each card would only allow me to take out a certain amount each day without going to the bank and withdrawing personally and the checks would be placed in an unmovable private safe in a secure location in the new home. One of the biggest issues people that get a lot of money fast have is self control. If they actually had to go through a process to get the money then they would probably be less likely to spend it frivolously. Humans are creatures of impulse. If you curb those impulses from the start then they are less likely to justify the impulse when it occurs. By the time your spending money is gone, following the above, you should be in a location in life that you are making more than you are spending.