As featured in The Wall Street Journal, Money Magazine, and more!
     

The Lottery

This article was written by in Consumer. 2 comments.


The Motley Fool has some tips on how to teach kids about the lottery. They suggest showing children some sort of physical manifestation of what the odds are really like. I think that’s a great idea for demonstrating how money is wasted.

While we’re talking about the lottery, MSN Money also has an article about lottery winners who are back to being mighty poor again.

“Winning the lottery isn’t always what it’s cracked up to be,” says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of $5.4 million. Today the money is all gone and Adams lives in a trailer.

Updated February 6, 2012 and originally published November 19, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

Email Email Print Print
avatar
Points: ♦127,435
Rank: Platinum
About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 1 comment }

avatar Darren R. Sussman

Some people are just stupid…

Previous post:

Next post: