Why are wealthy people buying powerball tickets? They don't need anymore money.
— Florida Made (@RichardMIATL) January 13, 2016
Since the jackpot increased to $1.5 billion, people have caught lotto fever. Everyone talking about what they're going to do with their newfound wealth if they won, but here's the catch: The odds of winning the lotto are 1 in 292,000,000 so you're wasting your time & money playing. Someone seldom wins the lotto unless they have a 6th sense to help them pick winning numbers. If you're that person, hook me up with the winning lottery number formula so I can win every time. Anyway, you have wealthy people playing the powerball jackpot and why? They're sitting on plenty money, so they don't need to play. How much money does a rich person really need? Let the middle & working class have a shot at winning that huge jackpot. Seriously, there's a term to describe those folks and that's GREED. Greed is the only word I can describe already-wealthy folks playing the powerball so they can win more billions.Whenever I hear about someone winning hundreds of millions in the lotto jackpot, my first thought is they're going to be broke within a year. Why? Everybody and their mama will come forward looking for a handout. People be like: We've been tight since grade school, or remember when I looked out for you that time? What about those "family & friends" that strategically come out when you come into hundreds of millions of dollars from the lotto? "Family & friends" that you've never seen from Day 1, but all of a sudden they want to be cool with you because they see you came into money, get out of here because I see through you. You can quickly tell who's not used to money because anytime they win tens or hundreds of millions from the lottery jackpot, the first thing they do is spend foolishly: Buy a mansion in the most expensive neighborhood in their city, buy a dozen high-end vehicles, take expensive vacations and eat in expensive restaurants; repeat cycle until they run out of money and they're back to reality.
If it's meant for me to win hundreds of millions in the jackpot, life won't change for me that much. At the most, my nieces will be set for life and I'm investing the rest while living on the interest.