It turns out there’s a high correlation between people who are bad with money and people who buy lottery tickets.
It would be awesome if the lottery winnings came with complementary financial advisement by a fiduciary for the first year. That way there’s at least a hope that money can improve their lives long term instead of just making for a crazy spending spree for a few years.
It’s just repackaged gambling. It’s designed to take money away from people who are already struggling. The organizers will never benefit from giving away finance advising and the average participant would never ask for advising.
It turns out there’s a high correlation between people who are bad with money and people who buy lottery tickets.
It would be awesome if the lottery winnings came with complementary financial advisement by a fiduciary for the first year. That way there’s at least a hope that money can improve their lives long term instead of just making for a crazy spending spree for a few years.
It’s just repackaged gambling. It’s designed to take money away from people who are already struggling. The organizers will never benefit from giving away finance advising and the average participant would never ask for advising.
The organizers are the government, so surely they have a vested interest in helping their residents succeed in life…
😂