$10 Million Lottery- Who Dares Win?
On Friday, the Singapore $10 million Toto Lottery will close and there will be winner(s)found.
Despite my misgivings over the chances of winning such lotteries, I have bought whenever the sum is so big. I guess I'm still human or still a sucker, depending on how you look at it.
In case you are thinking of getting some for yourself, this 7-11 outlet in Yishun is known for being lucky and has snaking queue: Queues for $10 Million Toto Draw.
In the same article, it points out that there were studies that found that winners from overseas lottery had a hard time after winning as they lack financial skills to handle such sums.
Let's see, if you win $10 million for yourself and invest the whole sum into stocks and get around 2% dividend. That is $200,000 a year which translate to a cool salary of $16,000 a month.
So rich or poor, investment is what is needed. Without it, winnings and salaries wither and is gone in a blink.
Good luck to everyone for the Toto draw tonight.
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