How Much Money Would It Take to Live the Rest of Your Life Stress-Free?

How Much Money Would It Take to Live the Rest of Your Life Stress-Free?

Pretend you just hit the lottery for a million bucks. Would that be enough to live the rest of your life basically stress-free?

According to a new survey in Australia, most people DON’T think winning nearly a million dollars would cover it. (We’ve converted the results to American dollars, so if they sound like arbitrary amounts, that’s why . . .)

Only 24% said an $800,000 jackpot would be enough to totally change their life. (In Australian dollars, that’s $1 million.)

17% said they’d need more like $6 million . . . and 30% would need about $8 million to live the rest of their life and not worry about money anymore.

33% said the best thing about winning a huge jackpot would be getting out of debt, and being financially secure.

22% said being able to help friends and family would be the best part.

14% said it would be having the freedom to do whatever they wanted.

(Herald Sun)

 

A 19-Year-Old Won $500,000 in the Lottery, and Gave It to His Parents

A 19-Year-Old Won $500,000 in the Lottery, and Gave It to His Parents

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This isn’t what most 19-year-olds would do in this situation. But hey, maybe your kids appreciate you more than you realize . . .

A 19-year-old kid in Michigan recently bought a $10 lottery ticket at a gas station near Lansing . . . and hit the jackpot for HALF-A-MILLION BUCKS.

And believe it or not, he DOESN’T want to blow it all on limos and jet skis.

Instead, he’s planning to invest about $5,000 of it . . . and says he’s giving the rest of the money to his PARENTS.

He wants to remain anonymous, so his name hasn’t been released. But he says the money will take a huge weight off their shoulders. And they deserve it for everything they’ve done for him growing up.

(Lansing State Journal)

A Woman Played the Lottery to Show Her Husband It’s a Waste of Money . . . and Won a Million Dollars

A Woman Played the Lottery to Show Her Husband It’s a Waste of Money . . . and Won a Million Dollars

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A 57-year-old woman named Glenda Blackwell bought a $10 lottery ticket last Saturday near Asheville, North Carolina, because she wanted to show her husband it’s a waste of money.

His name is Buddy, and he plays the lottery a lot.  He actually asked her to buy two Powerball tickets, but she bought a scratch-off instead.  Apparently just to get under his skin, because she wanted him to stop.

But her plan blew up in her face in a pretty spectacular way.  Because the ticket she bought ended up hitting for a MILLION BUCKS.

They came forward on Monday to collect their money.  They took the lump sum of about $415,000 after taxes.

Glenda says she had to eat her words after the ticket hit.  But she’s not too upset about it, because they don’t have to worry about money for the first time in their lives.

She says they’re using some of the money to buy a house and put their grandkids through college.  And in a roundabout way, she also got what she wanted.  Because now that they’ve won, Buddy promised to stop buying so many lottery tickets.

(WLOS)

There Were at Least Three Winning Powerball Tickets

There Were at Least Three Winning Powerball Tickets

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If you’re listening to this, it means you didn’t win the giant Powerball jackpot last night. If it’s any consolation, we didn’t either.

The winning numbers were 4, 8, 19, 27, and 34 . . . and the Powerball was 10. Time to start beating yourself up for not picking them: “Damn, it’s my birth month plus one, Kobe Bryant’s original jersey number, my dog’s length in centimeters”

There were at least three winning tickets sold. One was in Chino Hills, California. That’s a small suburb east of Los Angeles. It’s also the sixth richest medium-sized city in America, whatever that means.

The other two were in Tennessee and Florida.

We don’t know yet if it’s three individuals, or if the tickets were bought as part of a lottery pool.

Either way, that means the jackpot won’t be $2 billion on Saturday. It’ll be back down to $40 million. I don’t get out of bed for jackpots like that.

And now we can all go back to NOT burning our money on lottery tickets. At least until the jackpot explodes again.

(ABC 7 – Los Angeles / New York Times)

$700 Million Powerball Drawing Tomorrow Is the Biggest Jackpot in History

$700 Million Powerball Drawing Tomorrow Is the Biggest Jackpot in History

IMAGE: NATI HARNIK/ASSOCIATED PRESS Headshot_2015_jonathanellis_1 BY JONATHAN ELLIS 20 HOURS AGO It's official: Saturday night's Powerball drawing will have an estimated jackpot of $700

If you were ever going to buy a lottery ticket, this might just be the day to do it.

The Powerball drawing tomorrow night is going to have a jackpot of around $700 MILLION . . . possibly even more. And that’s the biggest lottery jackpot in HISTORY. The previous record was $656 million in 2012.

If you win and take the lump sum, you’ll get about $428.4 million. Assuming about half of that goes to taxes, you’re winding up with $214 million. Not too bad.

Your odds of winning the jackpot are one in 292.2 million. So I’m saying there’s a chance . . .

Powerball tickets are available in 44 states . . . everywhere but Alaska, Hawaii, Nevada, Utah, Alabama, and Mississippi. They cost $2, and the drawing is at 10:59 p.m. Eastern tomorrow.

 

(Mashable)