Is winning the lottery a blessing or a curse?

What would you do if you won millions in the lottery? We've all imagined the many various ways we'd spend it.

It was hard not to think about this again as the Mega Millions lottery prize in the US soared past $1 billion - with one lucky person winning the full $1.34 billion prize.

You can forget about becoming an instant millionaire. The lottery is now making billionaires.

But once you've got that winning ticket, it’s not all private jets and mansions… There's some strange and fascinating statistics around lotteries and their winners. Like, did you know you are 120 times more likely to be murdered by a family member? Today Darcy and Sascha discuss whether winning the lotto is all it's cracked up to be.

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In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice.

The hosts of The Dive are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.

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