What If You Played the Lottery Every Week for Forty Years
If you played the lottery every week for forty years and each ticket cost you $5.00. Very rough math tells me that you’d have spent approximately $10,400.00 when it was all said and done. You could win some money during that time period, but the chances of you winning the lottery are still insanely small. If you put $5.00 a week into a high interest savings account making 5%, you’d more than likely have around $33,000 dollars [again, rough math]. If you were to spend $10.00 a week that would quickly turn into a potential savings value of $64,975.00! Instead of gambling you could be making calculated decisions like that.
Putting aside $100.00 a month (or four weekly $25.00 stashes for the bigger gambler) would yield you $165,010.00 or so. Not a bad return with greater certainty!
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