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Mega Millions: What Not To Do If You Won $400 Million

Friday the 13th just might be considered less unlucky in the future if a winner lands on the right lotto numbers tonight. But for all of you out there eying up this Friday’s $400 million Mega Millions jackpot prize – and we’re talking Mega MILLIONS here – have you ever stopped to think about what you WOULDN’T do if you won?

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People spend days, years even dreaming about hitting the big one, and everything they would do or spend it on. But how many people ever consider all the things not to do if your numbers came up.

First of all you need to look at the odds. Your odds of winning the jackpot used to be 1 in 176 million. However as of Oct. 22, those odds changed to 1 in 259 million.

That’s because you used to have to pick six numbers from 1 to 56, but now you have to pick them from 1 through 75 – thats an extra 19 numbers with an enormous number of possible variations to chose from.

 “One single person in the United States of America, chosen at random, will be given a large sum of money.” 

The fact that most people will completely ignore this monstrous decimation of the odds just goes to show how incredibly ridiculous the odds were even before this change was made. The odds of hitting the Mega Millions jackpot are now close, if not equal to, the odds of the proposition, “One single person in the United States of America, chosen at random, will be given a large sum of money.”

megamillionsAnd the act of buying a Mega Millions ticket is comparable to a belief that that one person in America will be you, in other words its a form of mental illness.

24/7 Wall St. decided to offer up 12 key things not to do if you are a lottery winner. Many research papers, and articles have been written about those who, against all odds, land in instant riches against. But there is a saying that you should only have to get rich once –  and ome people just cannot help themselves in avoiding the pitfalls of instant wealth.

Click here to see what not to do if you hit it big.

Would winning the $400 million jackpot tonight really make you happy? Studies and anecdotal accounts of lottery winners suggest that joy is by no means assured. Though there are stories of people whose lives improved after landing a big lottery pay-out, there are seemingly as many winners whose lives got worse.

Published back in 1978, the Journal of Personality and Social Psychology, found that the overall happiness levels of lottery winners spiked when they won, but returned to pre-winning levels after just a few months. In terms of overall happiness, the lottery winners were not significantly happier than the non-winners.

The study showed that most people have a set level of happiness and that even after life-changing events, people tend to return to that set point.

Read about five sad lottery winning stories at Coed and decide for yourself.

Mega Millions: What Not To Do If You Won $400 Million

 

About Keri Bridgwater

http://www.linkedin.com/pub/keri-bridgwater/1a/8b2/43b

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