Debt pretty much comes with the territory for a millennial in today’s world due to student loans and constantly rising housing prices, while they rarely see their salaries increase in their paychecks. The lottery now seems like old-fashioned fun for previous generations that were more financially stable.
Studies found that 61% percent of baby boomers have played the lottery and only about one-third of millennials have taken the risk. And with the extremely slim chance of winning such a large sum of money, it’s not worth the splurge. Hey, my dad won the lottery once — fifteen whole bucks! What a great profit, right?