The wonderful world of lottery, where you eagerly hold on to your ticket and impatiently match the number on the screen. It brings with it a whole new level of thrill and excitement.
Nowadays, you buy yourself a ticket just for fun but, if you think about it, it is actually a form of gambling. Some states encourage the lottery and even organize them at a national level for people from low-income families to get a chance to improve their lives.
Lotteries have been around for a long time so if you want to know more, check out these facts.
1. The Lucky Lottery Man
For some people, winning the lottery is like a stroke of luck that just happens to change their life. Bill Morgan is one of such people. This Australian man was pronounced dead but, thanks to the medical help, he was brought back to life only 14 minutes later. He then went on to celebrate his new life by buying a lottery ticket and winning a $17,000 worth car. He also won another $250,000 jackpot when he was giving a new interview.
Andrea Piacquadio/Pexels | Now that’s one lucky duck
2. IRS Is Not A Big Fan Of Your Lottery Win
Let’s suppose you join the list of one of those lucky people who win a lottery. But before you even start thinking about all the things you are going to do with your new money, you get a call from the IRS stating that they are taking 40% of your lottery prize money. Now that’s a bummer. And it only gets worse. There are some states that impose higher taxes on lottery prize money so, even if you win, you don’t really win entirely.
Andrea Piacquadio/Pexels | The IRS retirement account for YOU, so it isn’t all that bad
3. Follow Speed limits, Win Lotteries
Sweden found an interesting way to take down speeders while simultaneously rewarding those who follow the law. There is a lottery called ‘Speed Camera Lottery’ which is an electronic monitor that automatically enrolls drivers who drive within or slower than the given limit for lottery wins. The money that is used as the prize money comes from the fines that are paid by over-speeders.
Conttonbro/Pexels | If only this could be applied everywhere
We don’t know about you but we sure are going to try our luck with the lottery ticket.
