The good news: the Powerball drawing happens again tonight and you could potentially win around 700 MILLION dollars? The odds aren’t great but you COULD win, right? So here’s some advice from Billionaire Marc Cuban (the “Shark Tank”/ Dallas Mavericks guy)…just in case YOU win!:
*Hire a tax attorney first.
*Don’t take the lump sum. You don’t want to blow it all in one spot.
*If you weren’t happy yesterday, you won’t be happy tomorrow. It’s money. It’s not happiness.
*If you were happy yesterday, you are going to be a lot happier tomorrow. It’s money. Life gets easier when you don’t have to worry about the bills.
*Tell all your friends and relatives no. They will ask. Tell them no. If you are close to them, you already know who needs help and what they need. Feel free to help SOME, but talk to your accountant before you do anything and remember this, no one needs $1 million for anything. No
one needs $100,000 for anything. Anyone who asks is not your friend.
*You don’t become a smart investor when you win the lottery. Don’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.
Now on to the Bad news. Your “not great” odds of winning…are roughly 1 in 292 MILLION. Compare those odds to a few other unlikely things:
Dying from an asteroid strike: 1 in 74,817,414
Dying from chronic constipation: 1 in 2,215,900
Becoming a movie star: 1 in 1,505,000
Getting struck by lightning: 1 in 1,101,000
Bowling a 300 game: 1 in 11,500
Being the same height actor Hugh Jackman, who is 6-foot-2: 1 in 23.3
But, hey SOMEBODY has to win right? Why not you! Good luck!!!