$1,850,000
By Jim Bauer
@porwest (91092)
United States
June 27, 2018 6:03pm CST
Every once in a while I write about the Illinois Lottery's small drawing called the Lucky Day Lotto. Essentially it is a lottery drawing that happens twice a day. Once at 12:50 pm, and again at after 9:00 pm. So, if you wanted to play the whole day it would cost you $2. It is also a daily drawing.
It typically starts out at $100,000 and works its way up by $50,000 per drawing if no one wins.
Normally someone wins before it reaches a couple hundred thousand. But sometimes it reaches a million. This time, for tonight's drawing it is currently at $1,850,000.
Of course I have a ticket in hand. After taxes the take home amount is probably somewhere around $1,110,000. That's an amount I can surely live with, even if it would still likely not be enough to retire on.
Hey. I am only 45 and I live in the United States. Even that kind of money here is not enough to fully retire if you want to truly live comfortably.
Either way.
The question is, let's say you did indeed win the lottery. Let's say you won over a million dollars. Would you still play? I would. Why? Why not? Granted, the chances of winning even once is so slim one wonders why play at all. Winning twice would be an even greater feat.
Still, the cost to play is so small...I say, why not give yourself every chance and opportunity you possibly can?
8 people like this
9 responses
@dgobucks226 (35621)
•
30 Jun 18
Well, considering the only luck I usually have is "bad luck" I would stop and quit while I am way ahead. Why give it back?
1 person likes this
@porwest (91092)
• United States
28 Oct
@dgobucks226 I have to admit, I might have some questions when the MegaMillions goes up to $5 a ticket next year. Supposedly the jackpots will be bigger and there will be more frequent bottom end prizes. I guess I'd have to play it a few times before I determine it's any better or worth the extra $3 a ticket they want.
1 person likes this
@lovebuglena (44554)
• Staten Island, New York
28 Jun 18
I don't play the lotto much. I play scratch lotto more often as it's more fun. Of course, you can't win as much on that as you can on regular lotto. If I got lucky and won the jackpot I'd definitely play again. Can never have too many millions.
1 person likes this
@lovebuglena (44554)
• Staten Island, New York
4 Jun 21
@porwest I love scratch-offs, though do not play often. You can will millions on those as well. I never have though. My winning were always super low.
1 person likes this
@porwest (91092)
• United States
4 Jun 21
@lovebuglena Yeah, my wife gets $1 or $2. She did get one the other day where she won $10. But we are still in the red overall.
1 person likes this
@Namelesss (3365)
• United States
28 Jun 18
I don't know, maybe. I'm an on-again off-again player. Some people think it's foolish but it supports our states pre-k program and I'm all for that. There have been a number of people who have won Big $$ on more than one occassion, even into the millions. Don't seem fair does it?
@andriaperry (116936)
• Anniston, Alabama
28 Jun 18
Slime to none are the chances of winning. Put the $2 a day in the bank, you`ll have $728 at the end of the year. Cha ching you win!
1 person likes this
@mlgen1037 (29886)
• Manila, Philippines
28 Jun 18
Hi Jim. You have a point. We will never know though until we try.
1 person likes this