Lottery fever has hit the United States. Yesterday, long queues of people gathered outside lottery-ticket vendors, all jostling for a shot at the staggering $900m Powerball jackpot (the largest lottery jackpot in US history). Although lottery officials said the odds of winning last night were one in 292 million, this did not deter many from trying their luck. Funny enough, there was no winner for yesterday’s draw.
As a result, the prize will now be rolled over to Wednesday, and the next jackpot is expected to reach $1.3bn. So as eyes glaze over again, and millions of Americans go for another shot at the jackpot, I ask you what would you do if you won $1.3bn?
I would appreciate if we could get a discussion going over this. I am really interested in hearing other people’s opinions and ideas.
Here are some of my thoughts. I think that most people would attribute their win to divine intervention. As a result, they would feel obligated to donate some of it to church or charity. Then there would be the phase of unlimited indulgence, in which they do everything they have ever dreamed of. And then when they run out of ideas, they try doing what other people have dreamed of. And when that is exhausted, winners enter the custodian phase, in which they begin to think more smartly about their money and start saving some of it for the future.
How would you spend $1.3bn?