Quote:
Originally posted by thenewguy
...Even if you were able to earn a consistent rate of 10 percent over 20 years (which is next to impossible), you would only earn a little more than 18,000 if you bought $25 each month for 20 years. Based on the opportunity for return, the risk is extremely low, depending on your means.
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While the 10% is a little steep, an 8% return over time isn't out of the question. And at that RoR, the investment comes in at around $15K. Which, if I read
Cynthetiq's post correctly, is a hellofa lot closer to the jackpot (given the 1 in 120,526,770 odds) than they most likely got for their $6000 investment.
Note: The odds are based on a jackpot per drawing, not counting entering one drawing per week for 20 years.