Waste of Money Realizations
I looked at a Sunday newspaper insert envelope for Publisher's Clearing House with number and return envelope. I might win $5,000 for life with a minimum guarantee of $1,000,000 for the price of a stamp. Then I looked at the odds: 1 in 6,200,000,000. (To be fair, I guess there are other prizes.) I decided this wold be a waste of money, particularly considering that the $260,000 per year is pretax.