$1.3B in winnings? What next? - Profit 911 Business Consulting

$1.3B in winnings? What next?

    Power Ball lottery game cards with ticket and cash

    It seems everyone has gone powerball crazy here in the United States and also forgotten about basic math. With the largest lotto jackpot ever in the world at $1.3 Billion USD, people are buying tickets like crazy.

    The bottom line is it is a waste of money. Statistically you basically have ZERO chance of winning. If you buy one you are buying based on emotion and not logic.

    Here’s some interesting articles:

    Tax on the poor: https://www.youtube.com/watch?v=FcWuq_Nrcko

    Is it rigged?: http://gawker.com/is-the-1-3-billion-powerball-rigged-1752171704?

    Lottery can Ruin Your Life: http://www.daveramsey.com/blog/how-the-lottery-can-ruin-your-life/

    Now here is the interesting part… all buying decisions are first made on emotion and then (usually) justified with logic after the fact. You are buying hope…. false hope, but hope nonetheless. To an extent, hope is what I sell people too but with a heck of lot better odds of achieving a victory. Gambling is not going to be your win. Whether it be gambling in the lottery, gambling on an ad, gambling on a new venture, or any other business gamble. You have to separate logic from emotion. You have to realize hard work is what it takes, not dumb luck.

    Get to work on your real plan for success this year.

    Best wishes,
    Justin Miller
    Profit 911 Consulting

    P.S. Yes I bought a powerball ticket as my wife insisted (see emotional purchase based on marriage not logic or even hope of winning).