Top 10 Secrets Lottery Organisations Don't Want You To Know

The lottery preys on the poor. Back in 2014, a study was conducted by CNN Money to determine America's spending habits. The study showed that Americans really love their lottery games, as $70.1 billion was spent on lottery tickets alone. Anonymity isn't legal everywhere. If you win the lottery, you can be sure that your private life is going to be... not so private anymore. In some countries and states, total anonymity of lottery winners is not allowed. According to legislators, this is the best way to maintain lottery games' fairness and transparency. Winning the lottery isn't entirely tax-free. So you got the lucky numbers for today's lottery draw! Nice! But before you get on to planning what you are going to buy with the money you just won, know that you are going to pay some taxes first before you can claim your winnings. And you're going to pay a lot! Lottery donations aren't as large as you think. You see it on advertisements — lotteries promising to donate a portion of their earnings to local charities and educational institutions. Several lottery prizes are left unclaimed. There are two types of lottery winners: those who claim their winnings and those who don't. And believe it or not, there are thousands of people who belong in the second category. The Odds are terrible, Like seriously, your chances of winning are unimaginably small. Let's have a look at a couple of examples so you can visualise how unlikely you are to ever win. Scratch off tickets have even lower odds of winning. If you think you have better odds of winning with scratch off tickets, think again. A former employee of a state-run lottery revealed a few secrets about these tickets they have worse odds of winning compared to the lottery and an even worse payout per dollar. Retailers often scam lottery winners. Scams are commonplace where there is money to be earned, and the lottery is a big honey pot for scammers so beware of where you purchase your tickets.Every lottery ticket has an expiration date. Most products often come with an expiration date, and lottery tickets are no exception to this rule. Alarmingly, majority of those who buy lottery tickets do not know about this, potentially risking their possible winnings in the process. The big winners are the big losers in the end. Winning the lottery is a huge blessing. And why wouldn't it be, especially after pocketing millions of dollars? However, this isn't the case for some people who won the jackpot.