The Effects of Winning the Lottery

Only available on StudyMode
  • Download(s) : 2012
  • Published : May 14, 2013
Open Document
Text Preview
ngawang dhondup

The effects of winning the lottery

Would you like to win 205 million? Would you like to be a millionaire? These days there are many ways to become millionaire. Some people become millionaire due to their hard work and dedication. And in other hand some people become millionaire just by buying the lottery ticket and by winning it. Even though it is a rare case, there have been many people who became millionaire like this. There are many negative effects to winning the lottery. For example, after winning the lottery people intend to loose all of their money due to other people stealing or family/relatives betraying them. Those people who win the lottery needs protection because their life’s become in danger. Not only that, those people must learn how to handle the money that they won and also tax is taken away too. People say money doesn’t buy happiness. Like these people after winning the lottery people intend to lean the truth that money don’t buy happiness. There are also many positive effects of winning the lottery. For example, after winning the lottery for some people it’s dream come true because now they have the money to spend on things that they were not able to afford before. For instance, that person might use the money for education, debt, or financial problem that the have. Some people are very generous so they give away like 10-30% of their money to charity. Also if you win the lottery you don’t have to work long hours jobs and now you can start enjoying your life by traveling to many different places or just using the money to spent time with your family. Furthermore, you could also use the money to open your own business, to buy a new house or you could just save it up the money. So when you are in an extremely terrible situation you can we the money that you saved. There are many positive and negative effects of winning the lottery. For example, I did a quick survey in my class and some of them choose...
tracking img