November 3, 2011

Make Your Neighbors Jealous!

October's Time Magazine had a few interesting articles about money. A spiff titled What To Stop Spending Your Money On listed these five expendatures:

Alternative flu remedies
Unlimited cell-phone minutes
Bottled water
Lottery tickets
Credit-card payment insurance

Articles expansion on lottery tickets:

LOTTERY TICKETS

The pitch: Win big! Never work again! Make your neighbors jealous!

The truth: According to Powerball, a player's odds of winning the big one are 1 in 195,249,054. The odds of dying from a meteorite striking the earth are 1 in 700,000.

The exception: If you're the MIT computer scientist who discovered a glitch in the Massachusetts state lottery.

Haa. Interesting.

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