The only problem with lotteries is all the psychics keep winning the jackpots.
2006-06-13 12:14:44 · 28 answers · asked by Anonymous in Entertainment & Music ➔ Jokes & Riddles
401k considering what your odds would be of winning the lottery.
2006-06-13 12:21:10 · answer #1 · answered by prcsdime 5 · 1⤊ 0⤋
when you bubble in the numbers in your lottery ticket, you will see a table in the back that show the chance of getting all the numbers correctly, which is 1 out of billions. If you don't believe in probability then go ahead and bet on your luck. My point is at least you are getting something out of 401K. Think of all the lottery tickets you bought in the past, a 20 dollars every game, three times per week, and been continued like that for 30 years, and yet...you still didn't hit the jackpot. What? you wasted like almost 100 grands on that and all that time and energy become fruitless. but in 401K, the same 100 grands you put in will grow into million of dollars in 30 years even though the interest rate is low, and your employers will contribute their shares to your account. So which one is a better retirement plan now?
2006-06-27 06:17:01 · answer #2 · answered by Lin 3 · 0⤊ 0⤋
401k because everyone who does it is a winner.
A lottery you can play you're whole life and never win a cent. My friends in college called lotteries a stupidity tax for those who can't do math. Some people don't understand that if you buy a million tickets you still may not win.
2006-06-26 08:17:57 · answer #3 · answered by Funchy 6 · 0⤊ 0⤋
At this present date 401k sounds better. Laws and rules change every day. maybe the lottery may sound better at another time. today i am going to put my dollars in 401k. you have to continue evaluate the market. Unless you have money to loss the lottery is not for you.
2006-06-27 08:17:03 · answer #4 · answered by jagger 2 · 0⤊ 0⤋
Why choose? Get the retirement plan and win the lottery at the same time.
2006-06-26 22:15:59 · answer #5 · answered by OnTheTreadmill 4 · 0⤊ 0⤋
It's only a dollar!!!!!!!!!!
You do the math.
Work for 20 years versus plop down a dollar.
Tick, tick, tick...
Don't rush me!
I sorry but the ticket machine is closed.
Can I change my answer?
It is easier to collect the lotto than your 401K, and the taxes are taken out upfront not 60 days down the way. Just a thought.
Answer: Lotto.
2006-06-27 08:44:52 · answer #6 · answered by LORD Z 7 · 0⤊ 0⤋
It's better to truly never retire untill you're six feet under. then you don't have to worry about being depressed when you lose the lotto or when you are denied a 401k. also, stocks and bonds are better than the lotto if you play the market just right.
I have a share the wealth card too if anyone gets too rich... Bill, I got my eye on you.
2006-06-26 11:53:10 · answer #7 · answered by jakethekarr 2 · 0⤊ 0⤋
The lottery, but 401k is guaranteed.
2006-06-14 12:52:27 · answer #8 · answered by Anonymous · 0⤊ 0⤋
401k
coz someone going 4 lottery is mentally sick
but if u r lucky go 4 lottery
2006-06-23 23:20:34 · answer #9 · answered by Anonymous · 0⤊ 0⤋
winning the lottery would be the best but it is not guaranteed so the 401 is better because it will be there after you can no longer work.
2006-06-27 09:57:18 · answer #10 · answered by Nece 6 · 0⤊ 0⤋