Friday, August 06, 2004

How to Make a Million - Only Dreamers Need Apply

How to make an instant million

This week, a nurse from Fife, Scotland, won £1 million live on TV during the show, The Vault, by answering (5 fairly simple) questions.
Another lady won a record £20.1m on the National Lottery. A 17 yr-old won a million on a scratchcard, whilst last month, a 74-yr old won over a million - also on the Lottery.

It seems that this was a week for huge million pound+ wins and where dreamers get together and think of ways to spend their winnings - despite the 13.9million-to-one odds that the lottery offers

So how else can you make a million?

The Scotsman has come up with a variety of methods to help you come across that fantasy scenario. However, you need a good amount of luck and some ridiculously long odds.

For those who still pander after the big win with slightly more realism, it'll take £27,777.77 out of your hard-earned cash to win on a single number on roulette (35/1) or a mere £500,000 on red/black or odds/evens to pocket that million.

To win on the horses conjurs up even more long shots - and far off dreams. You need 3 100/1 shots to romp in on a £1 accumulator. Or you need some serious cash up front to back the shorter price favourites to come in. Most bookies are still waiting for their first £1 million winner though.

Whilst ITV's The Vault paid out their million this week, the most famous high prize TV quiz of them all is "Who Wants to be a Millionaire".
However, getting the 15 questions correct is slightly harder then it first appears. According to Ladbrokes the odds of getting all 15 correct in one go ia 1,000,000,000-1.

So if it isn't done through gambling - how else can you make a million? The Scotsman suggests the stock market and taking risks on warrants. If thats not your thing, try spotting a company's potential and getting in on the ground floor - don't you all wish you bought into Microsoft in the early 80's? But the odds of succeeding here is even higher than gambling on the horses or the lottery.

All in all - we can all dream but when reality sets in, we'll probably all sit back with a nice cup of tea and watch someone else win on the telly

posted by jo @ 6:32 PM   0 comments

0 Comments:

Post a Comment

<< Home