It feels like we could all benefit from a couple million in the bank, but is entering the lottery worth it? In general, your odds of winning any jackpot prize are always slim. Take the Powerball, for example. Your chances of winning any prize with the Powerball are one in 24.9, but your chances of winning the jackpot are a mere one in 292.2 million.1 To put it in perspective, you’re actually more likely to be killed by lightning than you are to win the lottery. Yet, millions of Americans gamble - with many purchasing lottery tickets every week (or every day). https://lnkd.in/geMGbRd6 #powerball #lottery #fire #financialfreedom #finance #budget #budgeting #lightning
Diron Tappin, AIF®’s Post
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💰 Ever dream about what you would do with $1 billion dollars if you won the lottery? In light of a recent Powerball lottery winner claiming a huge cash prize, Charles Passy speaks with advisors about their recommendations for the best ways to spend and invest the funds. Ed Stober, a senior wealth advisor at Nepsis, Inc., weighs in with his expertise. In his view, "all the jackpot money that’s set aside for investing should go into stocks." For more insights, keep reading on MarketWatch: #lottery #Powerball #investing #financialadvisor https://lnkd.in/gUnEy_ju
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My thoughts and read the excellent article by Rachel Bachman in WSJ about the development of KC Current Stadium
Forty banks refused to finance it. Now, Kansas City’s women’s soccer stadium is sold out. It’s set to expand. It’s a worldwide blueprint for women’s sports. And it’s hosting the National Women's Soccer League (NWSL) title game. https://lnkd.in/eF4Gc9FP
No One Wanted to Finance Their Stadium. Now Every Game Is a Sellout.
wsj.com
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See below!
Forty banks refused to finance it. Now, Kansas City’s women’s soccer stadium is sold out. It’s set to expand. It’s a worldwide blueprint for women’s sports. And it’s hosting the National Women's Soccer League (NWSL) title game. https://lnkd.in/eF4Gc9FP
No One Wanted to Finance Their Stadium. Now Every Game Is a Sellout.
wsj.com
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Imagine standing in the middle of the #MCG, and instead of being its regular height, it is 1339 MCGs high. In this mega MCG there would be 134 million people. You are blindfolded, spin around and point. What are the chances that you point to your mum? Those are your chances of winning Powerball in Australia. No matter what country you are in the patterns reported in The Economist generally hold true. https://lnkd.in/gHTqURGE 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗼𝗻 𝘃𝘀. 𝗢𝗱𝗱𝘀: Despite The odds of winning the jackpot being unimaginably low, lotteries draw massive participation. 𝗗𝗶𝘀𝗽𝗮𝗿𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴: Lower-income individuals spend a higher income percentage on lotteries than higher-income ones. 𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗜𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲𝘀: Economic or social shifts, including pandemics, can significantly alter lottery spending patterns. 𝗟𝗼𝘁𝘁𝗲𝗿𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗮𝗿𝗲 𝗿𝗮𝗸𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 $$$ Aussie stat from: https://lnkd.in/guECZ8bV
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SIP by SIP, flake by flake... Your investment multiplies it's for you to partake... Thus the investment gurus spake!! #SIP #investregularly #taurusmutualfund ##mutualfundsahihai
Start small, but dream big! Embrace the money snowball effect and witness your savings flourish over time. 💰❄️ #MoneySnowball #SavingsGrowth #DreamBigSaveSmart #FinancialGoals #Taurusmutualfund
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The paradox of lottery thinking | Seth's Blog
The paradox of lottery thinking
http://seths.blog
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Day 18: $91,415 vs. A Pile of Old Lotto Tickets Think buying an $18 Power Dip lotto ticket every week will make you rich? Let’s talk odds! The chance of hitting the Powerball jackpot in New Zealand is a staggering 1 in 38,383,800. As a comparison, you actually have a 1 in 1,000,000 chance in your lifetime of being struck by lightning. Not exactly a pleasant win 😅, but still a better chance than winning Lotto! Instead of trying your luck with those nearly impossible odds, what if you put that $18 into a managed fund every week as an example? Over 30 years, with an average annual return of 7%, your money could potentially grow into a whopping $91,415. That’s a lot more reliable than a pile of old yellow tickets 🎫! So, instead of relying on sheer luck, why not put your money to work in a more positive and predictable way. #sortedmoneymonth2024 #sortedmoneymonth #MoneyMatters #investingtips #investingtricks #DailyTips #FinancialLiteracy #SmartInvesting #FinancialEducation #FinancialWellness #WealthBuilding #GrowYourWealth #InvestmentAdviser #InvestmentAdviserNewZealand #WomeninFinance #smartermoves #smarterdecisions Te Ara Ahunga Ora Retirement Commission | Hamilton Hindin Greene
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