Counting on Winning the Lottery to Solve Debt Problems? Don't.

28 Jan Counting on Winning the Lottery to Solve Debt Problems? Don't.

It has been said that one in three people in the United States think that winning the lottery is the only way to become financially secure in life.  Counting on winning the lottery to solve debt problems is not a realistic proposition.  Consider this:

The odds of getting struck by lightning in your lifetime:  1 in 6,250

The odds of winning a single state lottery:  1 in 18 million

You are more likely to become president (1 in 10 million), spot a UFO today (1 in 3 million), or be declared dead by a Social Security data entry error (1 in 23,483) than win the lottery.  Rather than playing the lottery to attempt to become financially secure, consider these options instead:

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