Times are tough, money is tight, and we’ve all thought about how amazing it might be to win the lottery. Few things are more American than the hope of winning millions of dollars for doing zero work, right? Lottery winners are living the American dream!
However, the lottery has become an increasingly polarizing concept over the years. To a select minority, winning the lottery has proven to be a stroke of good fortune; for others it has led to financial ruin. For some winners, the money is put to good use and helps them get a step up in life. However, while these stories do exist, there are just as many other lottery winner stories that will make you want to never buy a ticket in the first place.
So like all things, the lottery has its good elements as well as its bad, but its up to us to make the distinction. With that in mind, we have compiled a list of lottery fun facts, statistics, and anecdotes associated with playing the lottery.
In February 2016, the California Mega Millions jackpot went unclaimed, despite a store selling the winning ticket in August. By law, after 180 days, the prize is forfeited, so the $63 million prize went California's schools. However, a man who claimed he'd actually won AND claimed the prize sued the Lottery just before the deadline, claiming that he'd mailed in the winning ticket, only to be told it was too damaged to confirm.The lawsuit was still pending when the February 4 deadline passed.
The average American earning an average salary spends roughly $162 on lottery tickets every year. However, those who make less than $10,000 spend roughly $597 annually on tickets. Perhaps it's desperation, or perhaps it's optimism, but this has led many to believe that the lottery actually preys on the hopes of those in poverty.