For a lucky few, the last tough decision they’ll ever have to make is how they choose to accept their lottery payments: in the form of a lottery annuity settlement, or as a lottery lump sum payout.
The keyword there being lucky.
The two biggest lotteries in the country are the Powerball, and the Mega Millions. These national lotteries have similar odds of winning both, which are about one in 176 million. To say that those are tough odds would be a gross understatement. Here are just a few shocking things that are more likely than winning the lottery.
Achieving Your Dreams. Believe it or not, you have better odds of achieving your wildest dreams than you do of winning the lottery. You have a one in 10 million shot at becoming president, a one in 1,505,000 chance of becoming a movie star, a one in 11,500 opportunity to win an academy award, a one in 12,100,000 shot at becoming an astronaut, a one in 22,000 chance to become a pro athlete, and a one in 662,000 opportunity to win an Olympic gold medal.
Having a Rare Family. Since there’s no such thing as a “normal” family, there should be no such thing as a “rare” family, either, right? While that may be arguable, the odds of having identical quadruplets are one in 15 million; the odds of having a child genius are one to 250; and the odds of dating a millionaire are one to 250. All of which are more likely to happen than winning the lottery.
Dying. Sadly, you have a better chance of dying than you do of winning the lottery. The odds of dying in a car accident are one in 6,700, being killed by a vending machine are one in 112 million, dying from a bee sting are one in 25 million, dying in a plane crash are one in 1 million, being killed by flesh eating bacteria are one in 1 million, drowning in a bathtub are one in 840,000, and being murdered are one in 18,000.
Although you may think it’s a bummer, just remember that there is still a chance you can win. Who knows? Maybe tomorrow you’ll find yourself in the position of choosing a lottery annuity or lump sum payout? You never know. More like this. Read more.