A Georgia senior citizen is able to retire after almost 40 years of working at McDonald's. Her retirement cushion? Winning the lottery! On Dec. 14, she won $750,000 in a Georgia State scratch-off game! Yay! But yikes! Isn't it horrible that you can work a steady job and you still can't afford to retire as a senior citizen? What are the odds of winning the lottery?
I love going to CNN.com"s money section for info on retirement savings. It makes me feel better about the future.
Do you play the lottery? Is it a waste of money? Isn't it great that this hard-working woman gets to finally rest her feet? What do you think about the lottery retirement plan? It seems a little risky, no?
Have a great and frugal weekend!
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{ 5 comments… read them below or add one }
LOL! Our whole office makes a contribution to the “Lottery Retirement Plan” twice a week. And occasionally my husband and I make matching contributions to our Individual Lottery Retirement Accounts.
While I don’t think banking on a lottery win should be a key part of your financial strategy, I do buy a ticket occasionally. After all, somebody’s going to win – might as well be me. A harmless diversion as long as you keep it in check.
No I don’t play the lottery. 40 years working at Mc Donalds did you say…wow………
I don’t like the odds of winning the lottery. Now poker, that’s another story.
I was born and raised in Las Vegas… but I don’t like gambling or betting my luck on the lottery when I’m visiting other states (since NV doesn’t have a state lotto).
But it is pretty exciting for those lucky few who get a big prize. I’d say that woman definitely deserved to retire since she was way past retirement age. Hopefully she can now enjoy some work-free days in style!