Winning the lottery is such a compelling fantasy. Imagine receiving $100 million in your bank account, allowing you to never have to work or worry about money again. Of course, there are numerous downsides to winning the lottery. If you tell too many people, they will start to see you as a human ATM instead of the family member or friend you once were. It’s best to only tell your husband or wife if you have one. There’s also the statistic that many lottery winners lose their winnings quickly and return to their previous financial life. They live like kings for 7 years and can no longer afford not to have a job and do as they please. 

That’s why there’s such an appeal to the «Win X dollars a day every day until you expire» lotteries. It allows cash to flow in like a paycheck would instead of in a lump sum that can be easily lost.