This is the one question we all want to know the answer to!
The simple answer is, the only way you are going to win a huge amount of money is by getting extremely lucky. That said, many gamblers don’t pay any attention to the probabilities or “house edge” in the games they play, prefering [...]
Tags: casino odds, Gambling Questions, winning big
Question:
What do people actually do with massive lottery wins?
Answer:
According to the American Economic Review, which studied the behaviour of lottery winners in 2001, people’s lives are changed less than you might think by a big win. On average they saved 16% of their winnings, though this figure rises in the case of really big wins. [...]
Tags: Gambling Questions, winning big