Lots of people think winning the lottery will mean life on easy street. The truth, however, is that it rarely works out that way. Did you know that 65 percent of Lotto winners go bankrupt in less than 15 years? Your chances of winning big are about 125,000,000 to 1. You’re more likely to be bitten by a snake, or die in a car accident on the way to buy the stupid lottery tickets!
If you’ve got money to throw around, do something smart with it, like get out of debt! Do you have an emergency fund? Are you investing for your retirement, or your kid’s education? If you’ve done all of this, give it to someone who’s hurting, or invest it in your community. Don’t waste it on something as dumb as the lottery!
- Dave
Dave Ramsey
Dave Ramsey is a personal money management expert, popular national radio personality and the author of three New York Times bestsellers.
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