Do you play the lottery? I do not, and generally describe the lottery as voluntary taxes for people with poor math skills. What I mean by that statement is you are giving money to the state and your chances of winning are very poor. Indeed, often times you have a better chance, especially in Florida, of getting struck by lightning than winning the lottery.*
So imagine my surprise, when Mr. Sam told me he bought a Florida Firecracker Millionare Raffle ticket this past week. He said he kept hearing about the raffle on the radio and decided to buy a ticket. The odds for this game are better than the regular Lotto, because they are selling a limited (750,000) tickets. Anyways we were talking about what to do with the money if he wins the big prize and I was surprised that he said pay off the house.
What would you do if you won the lottery? Or are you like me, you don't play and you'd invest that $10 instead of buying a ticket?
* Over the course of a lifetime, 80 years, the odds that you will be struck by lightening is 1 in 5000. Your odds in Florida are even higher in that Florida is the lightening capital of the country.