Disadvantages of the lottery

Answer 1

The advantage is you get instant money without working too hard for it. The disadvantage is you'll get lazy and rely on getting money when you win the lottery, so sometimes you will not care on how you use your money.

Winning the lottery is analogous to 'trading a headache for an upset stomach'.

Answer 2

threatning phone calls

pro: is that you can get a lot of money to help you in the run around in life

con: there are a lot of taxes that are put on having so much money and someone might break into your house lookin for the money

pro: you could win

con: theres like 1 to 4,000 of a chance to win

Answer 3

Not having to worry about how to pay your bills is one of the big advantages to winning the lottery. Other advantages are being able to buy what you want, having more time to relax, and being able to help others.

Answer 4

Winning very large amounts of money on the lottery can mean friends and family want some money, acquaintance's may expect money from you when you don't owe them any, and the distribution of money between people can cause friction between relationships because different people get more or less money. Also, any new friends you make cannot be trusted from then on - they may only be after your money.

Most people who win a large lottery prize have no idea how to manage that much money. They quit their jobs, thinking that the money will be enough to live on for the rest of their lives, without having actually done the arithmetic. They underestimate how much will be taken by taxes. They purchase larger homes and expensive cars, all of which increase their expenses, as they then have to pay much more for insurance and, in many places, property taxes. They become accustomed to their new lifestyle and start running up credit card balances. Before long, they discover that their expenses and their debt exceeds the income from their winnings. Many lottery winners end up bankrupt and unemployed.

Then, there are others who fall victim to con artists, alcohol and drugs.

A small number of wise lottery winners never tell anyone, quietly pay off their debts, invest the rest for retirement, and never change their lifestyle. Such people are not rare, but they are, by nature, not the type of people who play the lottery in the first place.

Answer 5

Pro- you win money

con-you can lose money

Answer 6

You very rarely win any thing.