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14.09.2014
In case you haven't heard, the Mega Millions lottery reached an astonishing $648 million this week.
Here we'll look at the question of how much money you could expect to win from this lottery. So it looks like investing in the stock market is a pretty good way to spend a dollar, while playing roulette will lose you some money.
We could calculate the probability of getting all 6 numbers right (using a branch of math called combinatorics), but we'll skip that step for now.
Anyway, let's figure this out: for every $1 you spend on the Mega Millions, how much could you expect to win? Here's a simpler example: suppose you roll a fair die (numbered 1-6), and you win a number of dollars equal to the number that comes up on a roll. As far as we know, the Mega Millions lottery doesn't publicly announce how many tickets are sold, but it's probably in the many hundreds of millions for big jackpots like this one.
With these numbers, you can expect to make $1.42 off of every dollar you put in the lottery. So to summarize, for every $1.00 you spent on Mega Millions, you could expect to lose about 40 cents. When you need cash quickly, and can’t wait for your next payday in order to pay for the things you need, getting a quick loan from a reputable creditor is always a good solution to the problem. Many families live day to day, relying on Financial Relief programs in order to just purchase groceries to survive on for the month.
About Latest Posts Arturo Dannel Latest posts by Arturo Dannel (see all)Is Google Being Unfair to Payday Lenders with its new AdWords Policy? And yet, in the last six months, McDonald’s has had multiple social media disasters related to their company’s HR documents and ventures. In July, McDonald’s released an employee budget guide on its McResources website with unachievable recommendations. In October, activists released a video that demonstrated McDonald’s internal helpline telling employees to sign up for food stamps. In November, McDonald’s added more tone-deaf tips to the McResources website, including ones that suggested employees struggling to make ends meet should sell their unopened holiday presents and other possessions, as well as break food into smaller pieces to feel more full. Earlier this month, McDonald’s added etiquette tips explaining how much to tip for luxuries inaccessible to the majority of its front-line workers. Most recently, McDonald’s told employees that they should minimize their consumption of fast food to be healthier. Having such a website does make it easier for external people to point out inconsistencies, but not having one doesn’t make it impossible.
Throughout this, McDonald’s has maintained that the controversial content for McResources was created by third-party experts – Visa, Wealth Watchers International, Nurtur Health.
At this point, McDonald’s needs their Chief Human Resources Officer, Richard Floersch, to get aboard the social media train.
Floersch’s department has been responsible for the employee guidance fiascos of the last six months. If you’ve been able to make a decision as important as spending the rest of your lives together, you should trust each other enough to share financial information such as how much you earn or have in savings, and what debts you might have. Make a list of of your loans and debts – perhaps consider obtaining a free credit report each that will detail all of your accounts and ensure you don’t overlook anything. This way you’re both aware of any outstanding debts and can factor them into your joint budget and when planning for future goals.
Start your lives together by being honest about your finances and putting it all on the table.
If one of you is a committed saver while the other is constantly blowing their cash on impulse purchase, things are bound to blow up sooner or later.


It’s important you understand each other’s financial goals – both as a couple and for yourselves.
You don’t need to be 100% agreed on everything, but if you can discuss and agree on short and long term goals, managing your money will be much easier. Having an agreed approach to your spending will take the hassle out of everyday financial decisions, from grocery shopping, choosing a restaurant, and deciding where you can afford to live.
You might want the wedding of your dreams, that fabulous big screen TV and leather lounge, or a romantic resort holiday.
So while you might really want those fabulous new shoes or the latest gadget – try to resist temptation and focus on your joint financial goals. One or both of you may be a student, unemployed or on a low income, or perhaps is entering a second marriage and need to make regular child support and alimony payments. It’s certainly not essential to have a joint account, but if you’re both happy to it makes a lot easier and simpler. Or if only one of you has an income, consider having the earner’s income deposited into the joint account, with an agreed amount each then being transferred to each of your accounts for your individual needs. Also identify all the expenses you each have, from rent, bills, groceries, transport, child care fees or child support payments, entertainment, and anything else you spend money on. Your budget will give you a clear picture of how much money you have coming in and out, and what you might have left over to save for your goals.
Take the time to get yourselves on the same page when it comes to cash and sort out any hassles as they arise. REAM MORE A»Market Rates Comparison - Money Market Rates Comparison.Find High Yield Savings Account Rates. REAM MORE A»Compare Money Market and Savings Account RatesCompare money market accounts and rates on more than 14,000 of the most popular banks and credit unions in the U.S. How to get rid of payday loans in canada,Instant bad credit loan,Cash advance payday loans akron ohio. In other words, for every dollar you spend playing the Mega Millions lottery, how much money could you expect to get back? In each Mega Millions game you play, you select 5 numbers between 1 and 75, and then one addition number between 1 and 15. But if we include a jackpot of $648 million, the calculation becomes a little more challenging, because that prize can be split if there's more than one winning ticket. Anything can cause a situation like this to arise, whether it’s unexpected car repairs, medical expenses, bills arriving late or even earlier than expected. The average family lives paycheck to paycheck, having just enough to scrape by each month paying their bills and buying the necessities they need for their family for the entire month. These are loans, that you apply for through SMS text messaging, and get approval within a short period of time. The National Employment Law Project estimates that American taxpayers subsidize McDonald’s non-management employees by $1.2 billion in taxes per year (PDF). These recommendations came alongside others that suggested employees should take two vacations a year, and sing to relieve stress instead of complaining about it.
Though the McResources website was ostensibly “employees-only,” in practice, it was accessible to anyone who registered, as it did not verify employee credentials.
McDonald’s considers Twitter to be a major part of their social strategy; Floersch should join the conversation there. Even if third parties were responsible for actual content production, did McDonald’s not bother to read through the content before releasing it? While love is said to be the most important part of a successful marriage, money is often a leading cause of divorce. Hiding your finances and keeping secret accounts from your partner is likely to get discovered eventually, causing huge damage to your trust and your partnership.


Put some fun into analysing your money management personalities by taking a quiz which can help get the conversation started and identify any areas where you might need to compromise.
Perhaps you want to get a debt paid off, need a new car or want to start saving for a home together. Don’t lie about or hide your spending – it’s important you and your partner are open and trust one another when it comes to money.
Will you have just one joint bank account for all of your income and expenses, or will you start with three accounts – his, hers and ours? You’ll spend less time worrying about and managing money, and more time enjoying your relationship. Any money you each earn goes into your own accounts, and you each transfer an agreed amount or percentage to the joint account for shared expenses. It’s the simplest and most effective way to create a financial snapshot and create a spending (and saving!) plan you can stick to. This might include income from full time or casual work, Centrelink and government benefit payments, your pension or child support payments. You’ll save a lot of time arguing about money, leaving you to get on with having fun and achieving your dreams together!
Let's say enough tickets were sold so that we can expect (there's that word again) about 2 winners. Any time the lottery exceeds about $250,000,000, your expected winnings are greater than $1.00, so it seems like a good idea to play.
The government may not tax you much when you win $50 for matching a few numbers, but you can bet they'll tax your jackpot prize (or the $1 million prize for matching 6 numbers). Getting a loan can be a troubling situation for many people, especially if you have bad credit. Having an option to get some extra cash when they need it, can help them immensely with not only unexpected problems or emergencies, but also with every day things like grocery shopping. You can easily get the cash you need for any situation, provided you meet the requirements for the creditor you apply through.
This video was part of a series of videos pointing out the inconsistencies in the content of McDonald’s McResources website. If your company’s treatment of its employees is so poor that it makes headlines continuously, maybe you need to do something about it.
This would demonstrate that McDonald’s views its brand reputation as important enough that a C-level executive with company-wide decision-making power is paying attention to what its customers are saying about it on social media, and truly listening for ways it can improve. Did they not understand that this content would become a major part of the online conversation about McDonald’s, and that this would reflect poorly on the company? Getting approval for loans is difficult for the average person, especially in today’s society where many people suffer from bad credit situations.
One of the main requirements, is having a UK bank account, and average credit when applying. All the marketing and social media efforts in the world can’t make up for misguided internal policies. And you actually lose at lot more (closer to 40 cents) if you decide to take your winnings all at once.
This is why Bad Credit Cash Loans can be a saving grace for many people who are in a bind financially. The 10-cent loss is only if you let the lottery make smaller payouts to you over the course of 20 years (and they don't account for inflation).



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