Contact Us

How Would Americans Spend Their Money If They Won The Lottery

(Photo by Matt Cardy/Getty Images)

In a new study from CouponCabin.com, nearly 40 percent of Americans reported playing the lottery sometimes, with 13 percent saying they try regularly to hit it big. Are you one of these people. Be careful, make plans, but make smart plans.

 

CouponCabin.com did the survey and asked people how they would spend their money. There were all kinds of answers. Some people thought that just because they are millionaires, now they could teach, as long as they did it for free.

The survey shows Americans already have big plans, here are the top 5:

 

1.Start my own business.

2.Get a divorce.

3.Get rid of my student debt.

4.Find a job that I really want to do.

5.Endow a scholarship at my college.

 

I liked these too:

Hire a hairdresser and masseuse daily and have a chauffeur.

Take my family to Disney World.

Work for free for a nonprofit.

Establish a charitable foundation.

Jackie Warrick, CouponCabin president and chief savings officer says “Keep your spending on lottery tickets in check, and never spend more on tickets than what you could potentially win,” Warrick said. “Be sure to focus on practical ways to get out of financial issues rather than spending money and energy on lottery tickets.”

The study was based on surveys of more than 2,500 adults over the age of 18. You can read more here

Best of Kool 101.7

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://kool1017.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KOOL Gang quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KOOL Gang contests, events, coupons, presales, and much more delivered to you for FREE.