The Lottery and your retirement
Don’t be one of the boneheads counting on the lottery to retire. Here’s why: Your chances of retiring? Pretty close to 100% (unless, fate forbid, you die before you retire). Your chances of winning the Lotto Max? 1 in about 29 million. (Mathematically it’s closer to 1 in 86 million, but because the way the tickets work it’s about 1 in 29 million.) 1 in 29 million is 0.0000034483%. So,…