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Mega Millions and Playing the Lottery

By Just Heather |


We don’t have Mega Millions here in Indiana, but with the jackpot over $300 million, even I had heard about this one. My Facebook page was blowing up with friends buying into the excitement. Could you just imagine if your $1 ticket turned you into a millionaire of this magnitude?

But, alas, I am not friends with a mega-millionaire yet! The Mega Millions winning numbers (9-19-34-44-51, Mega Ball 24) were not purchased. If you didn’t buy a ticket this week, you still have a shot at the now $476 million prize.

$476 million. $476,000,000!

I can’t even wrap my head around it. Even knowing the slim odds of winning, a number like that draws people in. I mean, someone has to win, right? The anticipation and excitement of checking your numbers can be fun, too — even if you don’t win, it’s an adrenaline rush to think you could.

That’s one of the reasons J. Money, from Budgets Are Sexy, is a hardcore scratch-off fan. He recently did a little experiment on the lottery hobby, buying $100 worth of scratch-off tickets all at once to see how much he could make. The results were quite a surprise!

I’ve watched J. drop $20 on lottery tickets just for Friday night entertainment. If it’s all for fun — and not a gambling addiction — I don’t see the harm in it, as long as you have the disposable income. But, studies show Americans spend an average of $100-600 per year on lottery tickets, with most of that coming from low income families who can least afford to throw it away.

Some people will even spend $200-600 every week, constantly chasing the dream of a big jackpot! That’s more than I spend on groceries. Then again, you can’t win if you don’t play!

So, will you buy a Mega Millions ticket this week?

Photo Credit: J. Money, used with permission

Follow Heather on Twitter, Pinterest, and her blogs.

More on Babble.com:
Kids and Money: Where Does Money Come From?
9 Inexpensive Ways to Vacation at Home
Sugar Daddy: A Fairy Tale of Lottery Luck

More money saving ideas from Heather on Inexpensively.com:
Flirty Aprons Coupon Code: Fun Designs for Easter

About Just Heather

justheather

Just Heather

Heather Sokol babbles about shoes, cocktails, and, mostly, her family. She and her geeky husband are raising four kids and losing sanity daily. They live their gluten free life on a budget while Heather shares her deals, tips and coupon savvy. Read more on her blog Just HeatherTwitter or Pinterest. Read bio and latest posts → Read Heather's latest posts →

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One thought on “Mega Millions and Playing the Lottery

  1. Jeanmarie says:

    I have to admit the 300 million number sucked me in yesterday :-) , so I would imagine the 400 million will have me making a stop on my way home today, too – When I check the winning numbers, I feel a little like Charlie Parker unwrapping his Wonka Bar!!

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