$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.