Do you play the lottery? Did you imagine your numbers hitting and suddenly becoming a millionaire overnight?
It’s easy to fantasize about making that easy money.
Sadly, winning the lottery is probably the least likely way you’ll ever achieve this goal.
If we look at the most prized jackpot of them all, the Powerball, we find that, according to their own website, the chances of you winning are 1 in 292,201,338.
Think those are long odds?
Wait until you read about the five things that actually have better odds of happening to you.
Having Identical Quadruplets
Most parents wouldn’t know what to do if they had four children all at once. The good news is that that this is highly unlikely. Only 1-in-800,000 women give birth to quadruplets.
That’s still way better odds than you’ll get from playing the lottery.
But it actually gets worse for lottery players. Women have a roughly 1-in-13-million chance of giving birth to identical quadruplets.
That is still way better odds than winning the Powerball.
In fact, a pregnant woman is far more likely to end up with quadruplets – who could cost millions to raise and put through college – than a lottery ticket that will win her one.
Death via Meteorite
Murderous meteorites remain a rarity. There’s only about a 1-in-1.6-million chance that a space rock will all of a sudden bonk you on the head.
The last time this was recorded happening in the U.S. was 1954. A woman named Ann Hodges was smacked in the head with a meteorite while she was napping peacefully in her home in Sylacauga, Alabama.
Getting Struck by Lightning
There’s a reason we’re warned to stay out from under trees during violent storms. A single lightning bolt can hold up to a billion bolts of electricity.
Luckily, the odds of getting struck by lightning are just 1 in 700,000.
Sadly, most of us will never know what it’s like to have a throng of people screaming our name. The odds of becoming famous are about one-in-a-million.
Of course, if you get hit in the head with a meteorite, there’s probably a pretty good chance you’ll end up on TV, killing two birds with one stone (so to speak).
Actually Saving Up a Million Dollars
That’s right, your chances of simply saving up a million dollars are way better than winning the lottery.
If you check out a retirement calculator, like the one at Investor.gov, you can see that investing money over time can grow your chances of having a million dollars by the time you retire.
By putting these funds into an IRA, you can take advantage of growth over time, thanks to the power of compounding.
It’s easy to start.
Start today with as little as $5
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