Interesting Facts about the Lotto

Who really profits from the lotteries? $53 billion in tickets were sold in 2006. Half of the revenue was paid out as winnings, and 35% of the tickets went to the state government where the tickets are sold while the rest went to administration and commission costs.
However, every year $500 million in tickets are never claimed.
Additionally, a third of all lottery winners actually end up filing for bankruptcy.
Winning the lottery may not solve all financial issues and can’t always buy happiness. 35% of lottery winners are just as happy as they were before they won, and 8% of couples divorced after their lottery win.
The chances that you will be a lottery winner are slim- being killed by a meteorite is more likely than winning the lottery. As one can see, winning the lotto may not always be the best for everyone…

The Lotto
[Source: OnlineMBA.com]

MadMike posted at 2011-3-29 Category: Interesting Finds

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