How to Win a Lottery Jackpot
If you’ve ever dreamed of winning a big lottery jackpot, you’re not alone. Over 350,000 people win prizes each day. One of these lucky people might be you! Check out the big jackpots that have been won in recent years. You could be the next big winner! And there are many ways you can win a big lottery jackpot.
One example of a big lottery jackpot winner’s life after winning the jackpot is Evelyn Basehore. In 1985, she won $3.9 million. But after spending much of it, she ended up losing it all within four years. She spent it on a furnished house and vacations. Her biggest mistake, however, was a failed investment. She opened a restaurant in her hometown, but had to close it after only a few years.
Lottery jackpot winners should be aware of the risks involved in spending their winnings. One of the most infamous lottery jackpot winners died after she blew through her winnings. She was 60 years old at the time of her death, and checked herself into a mental institution after a divorce. The IRS later charged her with tax fraud. She spent her winnings irresponsibly and assumed she would be able to live off of it forever. Another case was Keith Gough’s, who drank himself to death after winning an $11 million British lottery jackpot.
While lottery players believe that buying lottery tickets is a low-risk investment, there is no guarantee that they will ever win the jackpot. In fact, the odds of winning the jackpot are incredibly low and do not improve over time. The advertised lottery jackpot amounts are actually annuity payments made over decades, so alternative lump sum payouts are much smaller. The lottery operators have designed their games to make it harder to win the jackpot because the odds of winning are so low.