How much did this dedicated restaurant owner win after spending a crazy $600,000 on lottery tickets?
As you pay your $2 for a weekly lottery ticket, have a thought for some big players out there.
Jose Salmon was so sure that he was going to win the Florida Lottery that he spent an amazing $600,000 over 9 years in a bid to get the jackpot. That’s $600 a day.
Would you spend $600 a DAY in order to win the lottery?
That's what Joe had to decide when he started back in 1998, not knowing if he would win. It was a big risk and required a lot of self-belief and persistence.
But it paid off. He was one of four winners sharing a $52 million jackpot in the Aug. 29, 2007 draw. He chose a lump sum payment, and after tax he took home $5.3 million.
Was it worth it? Jose said yes, but he also said he would not play again. So it seems he had achieved his goal.
OUR TAKE: While paying $600,000 to get back $5.3 million seems an average return, remember that buying tickets over time is a drip-feed process.
If you're able to afford the daily or weekly outgoings, then it becomes a painless process.
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