The Mega Millions jackpot is now at an estimated $1.25 billion, and the next drawing is Friday night. Tempted? You have a 1 in 302.6 million chance of winning. They’re not great odds.The National Association of Investors/BetterInvesting, a nonprofit investment education organization that’s been around for... The Mega Millions jackpot is now at an estimated $1.25 billion, and the next drawing is Friday night. Tempted? You have a 1 in 302.6 million chance of winning. They’re not great odds.
Instead of being a lottery dreamer, imagine that person was a stock-market planner, and put that same $40 each month into the S&P 500 from 2002 to 2022. That would equate to approximately $22,000 profit, said Ken Zendel, CEO of the National Association of Investors/BetterInvesting. — Ken Zendel, CEO of NAIC/BetterInvesting The S&P 500 is up more than 17% so far this year. The Dow Jones Industrial Average DJIA is up more than 6% year to date while the Nasdaq Composite COMP is up 33%.
People who supply their losing lottery ticket numbers can get a free 90-day trial with the nonprofit to access resources, including online stock-analysis tools and the organization’s investing clubs. After that free trial, membership starts at $120 a year.