Wednesday, May 15, 2013

What Are the Chances....

The rise in the gigantic lottery jackpots seems to come around every few months now. I remember when it was a yearly or an every few year event. Is this another side effect of money printing? Sorry I digress.

I have many friends and family who discuss getting a ticket or two, three, four or more all in an impossible attempt to win the jackpot, but more importantly attempt to better their lives. In that vain, I thought this little inforgraphic aligning the chances of winning the lottery with other improbable events highlights the futility of municipal lotteries. More so, the chances of improving your life via that $1 ticker purchase are even worse than what is stated, as research has shown that the lives of 50% of 'winners' are far worse after jackpot wins, roughly 1 in 270 million.


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