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« Saudi Professor Calls For "Hatred" Of Christians, But In A Positive, Compassionate Way | Main | Alito: Constitution Protects Right To Privacy »
January 10, 2006

35% Of Americans Think The Lottery, A Surprise Inheritance, Or Big Insurance Settlement Is The Best Way To Get Rich

Smart:

More than one in five Americans believe the best way to get rich is to win the lottery, while 11 percent say inheriting money is the way to go, a survey showed on Monday.

Asked the most practical way to accumulate "several hundred thousand dollars," 21 percent chose winning the lottery, compared to 55 percent who thought saving something each month for many years was best, according to a survey by the Consumer Federation of America and the Financial Planning Association.

Meanwhile, a statistically-insignificant 0.000001% think the best way to get rich is by typing stupid jokes about Chris Klein on a moronblog.


posted by Ace at 05:20 PM
Comments



"11 percent say inheriting money is the way to go, a survey showed "

coincidentally, 11 percent of Americans hate their relatives

Posted by: on January 10, 2006 05:31 PM

What ever happened to marrying into money?

Posted by: compos menits on January 10, 2006 05:32 PM

The article (I don't know about the survey) muddles the distinction between "best" way and "most likely" way. I'd agree with the 35% that the lottery is a better way -- it's a lot faster, and doesn't involve any of that work crap -- just a whole lot less effective.

Posted by: Sobek on January 10, 2006 05:33 PM

"What ever happened to marrying into money?"

I think that evolved into DIVORCE for money.

Posted by: Master of None on January 10, 2006 05:34 PM

What's that saying? "Marry for love. Screw the nanny"?

The lottery is a f'n brilliant way to get rich quick:

Powerball odds - 1:146,107,962
State lotto odds - 1:12,271,512

"Yeah. But I got a system." Whatever dumbass.

Posted by: compos mentis on January 10, 2006 05:42 PM

This from Iraq the Model:
The largest Sunni bloc, the Accord Front is obviously pleased with nominating Talabani and is supportive of giving the president more powers, as Adnan al-Dulaimi expressed today. The Sunni and Kurds seem to be getting along better lately and yesterday’s meeting between the Accord Front and the Kurdish alliance has apparently succeeded in approximating their points of view.

My how things change. Isn't Saddam a Sunni? And didn't he gas thousands of Kurds?

Posted by: Duhgee on January 10, 2006 05:47 PM

Meanwhile, a statistically-insignificant 0.000001% think the best way to get rich is by typing stupid jokes about Chris Klein on a moronblog.

and yet, the dream lives on!

Posted by: Dave in Texas on January 10, 2006 05:52 PM

Yeah. But I got a system."

Posted by compos mentis at January 10, 2006 05:42 PM

The system says that winning numbers in tonight's drawing will 2, 12, 21, 25, 27 and 42. Don't believe me? Then don't go out and buy the winning ticket - that way I won't have to share with all you under-employed people who spend all your time making up quotes by Thomas Jefferson (whoever that was).

But if you do buy a ticket with these numbers, remember to say 'Thanks' when you win.

Posted by: Aaron Burr on January 10, 2006 05:53 PM

If you include frivolous lawsuits in the category of 'lottery,' the odds improve tremendously.

Posted by: Chrees on January 10, 2006 05:56 PM

I prefer to take my governemnt checks. Buy drugs and then sell them for profit.

Posted by: jerome from SE on January 10, 2006 05:58 PM

I'm bullish on buried pirate treasure this year, arr!

Posted by: rho on January 10, 2006 06:02 PM

I made one attempt to get rich by threatening a nuisance lawsuit back when I was a starving student, and nearly choked on a coat-button that had mysteriously found its way into a package of ramen. I sent the company a strongly worded letter, along with a photo of the offending button (next to a quarter for scale), and demanded satisfaction.

Result? A letter of apology from the company president, and a box of coupons good for a full year's supply of button-infested ramen. I just don't have whatever it takes to hold out for the cash in situations like that.

Posted by: utron on January 10, 2006 06:03 PM

You want to get rich? I've got one word for you: volume.

Think about it.

Cheers,
Dave at Garfield Ridge

Posted by: Dave at Garfield Ridge on January 10, 2006 06:07 PM

rho, you are teh funny. lol

Posted by: joeindc44 on January 10, 2006 06:25 PM

You want to get rich? I've got one word for you: volume.

LIKE THIS?!! WHEN'S THE MONEY COME????!!!!!

Posted by: The Warden on January 10, 2006 06:27 PM

I'm thinking being a gigolo in Japan is where it's at.

Posted by: sandy burger on January 10, 2006 06:37 PM

It just might work Sandy. After all, those Japanese men apparently are pretty bashful and might look to a pro like you to fulfill their desires : )

Posted by: compos mentis on January 10, 2006 06:42 PM

I always buy 3 lottery tickets with the same number once the PowerBall gets above $100,000,000.

That way if there are four winning tickets, I've got three of them.

Why settle for $50,000,000 when you can have $75,000,000? This ain't Canada.

Posted by: BumperStickerist on January 10, 2006 06:47 PM

That way if there are four winning tickets, I've got three of them.

Sweet : D

Posted by: compos mentis on January 10, 2006 06:52 PM

coupons good for a full year's supply of button-infested ramen

Dude! A year's supply of noodles!

Good score.

Better than anything I've accomplished (other than by working, saving and investing for the long term, which don't count, but which have made me a millionaire).

Posted by: Michael on January 10, 2006 07:08 PM

Wait a sec... ya'll did marry a girl worth 20 million?!... Suckers!

Posted by: JFH on January 10, 2006 07:24 PM
Powerball odds - 1:146,107,962 State lotto odds - 1:12,271,512

"Yeah. But I got a system." Whatever dumbass.


Yeah but if I buy one million tickets, the odds become:

Powerball odds - 1:146.107962
State lotto odds - 1:12.271512

Posted by: I am so smart! S-M-R-T on January 10, 2006 07:34 PM

compos, good to see you again.

JFH,

I got an email reply from Lileks today. Nice fellow.

suck it!

Posted by: Dave in Texas on January 10, 2006 08:01 PM

It looks easy but it's hard.

So... very.... hard.

Whoops, gotta go! Coming, dearest!

Posted by: John Kerry on January 10, 2006 08:01 PM

"Why settle for $50,000,000 when you can have $75,000,000? This ain't Canada."

Yeah, but $75,000,000 Candian is worth like $59.95 US

Posted by: Chrees on January 10, 2006 08:30 PM

I'm not sure who said that the lottery was a tax on people who are bad at math, but I agree.

Posted by: BrewFan on January 10, 2006 09:04 PM

Count me in with the statistically insignificant.

Posted by: Lorie Byrd on January 10, 2006 10:05 PM

4 8 15 16 23 42
4 8 15 16 23 42
4 8 15 16 23 42
4 8 15 16 23 42

Posted by: Hurley on January 10, 2006 10:22 PM

What's funny is that most people never pick numbers like 1 2 3 4 5 6, because they think that a combination like this is so unlikely that they'd never win. But they'll get their hopes up for a "random looking" combination with the exact same infinitesmal odds.

Posted by: on January 11, 2006 12:05 AM

I'm not sure who said that the lottery was a tax on people who are bad at math, but I agree.

There's three kinds of people: Those who can count and those who cannot.

Posted by: The Warden on January 11, 2006 03:45 AM

That's quite interesting. You can visit this blog for a wonderful experience.

Posted by: charles on January 11, 2006 05:16 AM

LINKING to the "moronblog" would have helped!!!!!

snark, snark.....

Posted by: mike on January 11, 2006 11:36 AM
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