Pros and Cons of Winning the Lottery

Some people can’t imagine the infinity of our universe, while others – the lottery winnings of tens of hundreds of millions of dollars. Players have an idea about “a lot of money that will change their lives”… what then?

A resident of any country can win the lottery (tickets available at the site Lotto Agent), but not everyone can analyze all the delights and sorrows of big money. Let’s see whether it’s good or bad to hit the Jackpot.

Cons of Winning The Lottery

Let’s start with the bad news.

According to statistics, 25% of the US population plays the lottery weekly. 70% of people who gain a large amount of money go broke within 7 years. It’s interesting to note that winning $ 50 000 – $ 150 000 makes a person 50% more likely to go bankrupt in 3-5 years than a person who won less than $ 10 000. These statistics are predictable, as to entrust that kind of money to an inexperienced person is like to entrust a caretaker to rule the country. No joy.

Financial impotency is not the only trap for a lottery winner. Ric Edelman, chairman and CEO of Edelman Financial Services, says: “Everyone you know – parents, siblings, friends, coworkers – and everyone you don’t know – charities and complete strangers – will all ask for money. Many are going to expect it; some will demand it. And many people will not be happy for you. They’ll be jealous”.

“Americans love a winner, but define winners as people who achieve success through hard work and sacrifice (titans like Steve Jobs plus millionaire athletes, actors and musicians). When you win the lottery, you are none of those things. You’re merely lucky, and quite frankly, you don’t deserve to be luckier than me.” – The expert concludes.

Thus, a lottery winner will face not only a personal embarrassment but also the rejection of the society. Sounds bad.

Pros of Winning The Lottery

However. Wait despair, we have good news, too.

You, as a reasonable person (we are sure you are a reasonable person), can quickly adapt to the world of big money. The main thing is to follow three key principles: get out of debts, trust your financial plan to well-trained experts and keep a cool head.

Wealth gives seven key advantages that are worth trying to pull a lucky lottery ticket – literally and figuratively:

1) Freedom

Millionaires do what and when they want (within the law, of course).

2) Choice

Wealthy people have a choice, not only in the details, but the choice to make decisions that can change the device for a particular country or the whole world.

3) Relationships

Can you easily meet with a celebrity you admire, for instance, with a famous writer or a talented actor? You can’t. But wealthy people can. Men of property surround themselves with people who have ideas, talent and intelligence, while a common person is satisfied with the environment, which is “presented” to him by the society.

4) Treats

Rich people have more opportunities to have fun. Millionaires are free to travel and explore the world, visiting the amazing, beautiful and remote corners of the earth. People with money can collect what they really like – books, cars, watches, horses, wine, etc. – and generally practice any hobby.

5) Mercy

Rich people find it easier to be kind. They have a lot of time, money and resources to engage in charity. To do good and get appreciation are the two most powerful pleasures that man can experience.

6) Good physical form

Most of the truly rich people are in good physical shape. They are smart, youthful, well-groomed and well-dressed. Each self-respecting wealthy person has personal trainers, assistants, beauticians, masseurs, nutritionists, who help him keep excellent shape to old age.

7) Resources

Many people want to leave a trace in history, not just live life, raise children and die, absorbing several tons of food and producing several tons of garbage. Rich people have more opportunities to live their life not in vain, for example, by investing in the treatment of cancer or sponsoring an important research project. Wealth has a lot of advantages and disadvantages, and only you can decide to be rich or not. If you decide that you want to belong to the caste of the people who make up 2% of the world’s population, you definitely need to take part in the lottery Powerball, which will draw more than $150,000,000 this week! Lottery tickets are sold here.