There are better ways to get rich than using the lottery. The recent mega millions frenzy produced a crop of new-rich hopefuls. However, the old-fashioned way holds the upper hand when compared with the odds – one in seventy-five million – of winning the lottery. A few careful planning tips are likely your “luckiest” path to wealth, based on AZCentral.com:
- Save for college
- Improve your credit card standing
- Invest in a 401k plan
- Enter the stock market
- Add umbrella coverage to your existing insurance policy
The odds are higher that you may be struck by lightning (1 in 10,000 in your lifetime) or attacked by a shark (1 in 11.5 million) than that you will win the lottery. But, as long as shark attacks continue and lightning bolts strike, so will the lottery – because there is always that one person of the 10,000 / 11,500,000 / 75,000,000.