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You’ve probably heard of a get rich quick scheme, and you’ve probably also heard the adage that there’s no such thing as easy money. But what if you were one of the luckiest people alive? Maybe a gambler that started with little but made the bet of a lifetime? Or a savvy investor that somehow manageRead more
You’ve probably heard of a get rich quick scheme, and you’ve probably also heard the adage that there’s no such thing as easy money.
That’s what we’ll find out today,
$1 Million lottery check
As you know, one way to turn a small amount of money into a fortune is to win the lottery.
Where should you play to get the best odds and the biggest prizes?
According to most media, that is the USA;
Spain actually also has huge prizes.
The biggest ever single win in the U.S. was
when a Massachusetts woman won $758.7 million
Picture of Massachusetts woman who won $758.7 millionin 2017.
But because she decided to take the lump sum in one go not over 29 payments – andbecause the win is taxed, she came out with a measly $336 million.
The nursing clerk obviously decided to retire soon after.
Winning the lottery, however, isn’t that easy.
You are actually, statistically, more likely to die in a car crash or get struck by lighting than win the lottery.
The odds of winning the Mega Millions lottery is one in 259 million, and one in 292 million for Powerball.
Nonetheless, this is likely the best get-super-rich gambling bet out there.
Sticking with gambling, in 2017 a woman in the UK walked into a betting shop with one buck (or in this case pound) and walked out $800,000.
She bet on what’s called an accumulator, meaning she chose twelve English football matches and bet which side would win in each game, stating home win or away win.
She didn’t like football, she told the press, and just chose the names she liked.
She got them all correct, and William Hill betting company said it was their biggest football payout ever.
The funny thing is, the woman’s husband, apparently a football expert, had been betting on teams every week all his adult life.
So, there you go, you might try using the force when you bet.
not just once, but twice
Picture of Elmer Sherwin who was 76 whenhe won $4.6 million on the slot machine MegaBucks.
The man, called Elmer Sherwin was 76 when he won $4.6 million on the slot machine MegaBucks.
According to one betting site we found, you can play each spin with one, two or three dollars, but to get the Jackpot you must play with three dollars.
What’s amazing, this old guy took a trip around the world after his win, then went back to Vegas 14 years later at the ripe old age of 90.
He then won $21 million playing the same game.
Probably too old to spend the cash, he donated it to charity.
Odds experts seem to disagree over what the odds are of winning the MegaBucks Jackpot.
Some say as low as one in 17 million, while another odds expert put it closer to 1 in 49 million.
You might also start with one cent, go to the casino, play roulette, and bet on black.
If you win, return the next day and bet on black or red.
Keep doing that.
If you win every day for 27 days you’ll have $671,088.
The next day is the deal breaker.
Win that and you will get $1.3.
You could just stay there and bet on one color each time.
According to casino records, in 1943 red came up 32 times in a row.
That is still a record now.
The chances of that happening are over 10 billion to 1.
On second thoughts, let’s wait a day and come back.
You have a 47.4 percent chance of getting the color right each time.
Let’s move away from these insane odds and
Now you likely have heard of the person that bought two pizzas with 10,000 units of Bitcoin.
This story was all over the media when Bitcoin was on the ascent, and it was reported that the Bitcoin that person paid for those pizzas with would then be worth about $100 million.
Fortune also wrote in 2017 that if you would have bought just $5 of Bitcoin in 2010 – which would have given you 2000 Bitcoins – when the article was written you could have sold your coins for $4.4 million.
So, if you had bought a dollars’ worth, that would have been around one million.
Bet you wish you would have done that, eh.
Well, if you want to get rich quick, perhaps you should be on the lookout for the next big thing in digital or alternative currencies.
and that won’t cost you anything except maybe a little bit of your time.
Would people seriously do that?
Well, one young English man called Alex Tew did that in 2005 to generate income for his university education.
He created the
The Million Dollar Homepage
which had one million pixels on it.
You could buy the pixel for one buck and display an image on it.
He ended up making a little over 1 million in gross income.
You might also just get lucky buying some old junk at a yard sale and selling it.
that at a yard sale in New York State.
The person bought a Chinese bowl for 3 dollars and it sold later at auction in London for $2,225,000.
And if you want to hear a literal rags to riches story we have one.
In 2017, a man called Loren Krytzer sold what he had once thought was a worthless rag for $1.5 million.
The man had been surviving on disability checks up until then after losing a leg in a car accident.
One day he was watching the Antiques Roadshow and realized that the dusty blanket he’d never bothered to use in the closet looked like the one on the TV; a Navajo blanket from around the 1800s.
He told the press what he thought while watching that show,
I paused it and I went and got the blanket and I’m sitting there holding it.
… I’m lining up the lines on the TV with
the blanket, seeing if they match.”
I paused it and I went and got the blanket and I’m sitting there holding it.
… I’m lining up the lines on the TV with
the blanket, seeing if they match.”
Indeed, they did, and he became a millionaire.
So, a word to the wise, why not check out what old junk you have stored somewhere in the house.
You might just have a million bucks lying around.
Odds are someone does.
But even the toys you bought one day could be worth a small fortune if you kept them in perfect condition.
Sadly, the boy died of AIDS later in life but in 2007 the mother sold the Original Boxed Collection for $1,000,000.
You could make thousands upon thousands if you have some of the old Star Wars figures still boxed, so next time you go to the toy store why not buy two of the toy you are buying.
Who knows what it’ll be worth in 30, 40, 50 years’ time.
This might not be the fastest way to make a million, but it will be for your kids.
Thanks for reading, and, as always, don’t forget to share, and sign up if you haven’t signed up. See you next time!
With the current political climate being what it is, you might be thinking to yourself, the hell with it, I'll just start my own country. If so, you'd be joining the ranks of Somaliland, Transnistria, and the Principality of Sealand to name a few. These are what we will look into But what is the exaRead more
With the current political climate being what it is, you might be thinking to yourself, the hell with it, I’ll just start my own country. If so, you’d be joining the ranks of Somaliland, Transnistria, and the Principality of Sealand to name a few.
These are what we will look into
Let’stake a look at
The first step to starting your own country will be territory, after all a country can’t really be a country without a countryside. Unfortunately for you all the prime real estate has already been gobbled up, so if you’re seeking to form your new country peacefully you’re probably going to have to go remote really remote. Several islands around the South Pacific remain unclaimed by any sovereign state and are today just waiting to be made into independent nations, although given their extreme remoteness, good luck getting basic goods and services there.
Alternatively you could look for small parcels of land around the world that rest between major powers yet neither lay claims to. The micro-state of Liberland for example was formed from territory along the Danube that neither Croatia nor Serbia lay claim to. It’s size is only 2.7 square miles (7 square kilometers), but with only a handful of citizens there’s plenty of space to be sovereign. If you’re looking for other available real estate yo
which lies between Egypt and Sudan (spoiler alert: it’s a barren desert with no access to fresh water), or portions of Antarctica. If none of the available less-than-prime real estate appeals to you, you could always just build your own.
Per international law nations can only claim up to 12 miles past their shores so if you had the money to, you could start dredging up the sea floor and build a brand new island nation of your own. The cost would be staggering, but it is an option available to you.
Alternatively you could try your hand at building a floating nation many architecture firms around the world have drawn up very realistic, if also extremely expensive, plans for floating cities. While the technical know-how is certainly there, the capital is definitely not, But you don’t just want to declare independence from your home country, but from the surface world entirely.
You could take the Bioshock route and build a city on the seafloor itself and declare yourself sovereign. Whether that’s technically feasible with today’s technology is a complete toss-up, but legally speaking you would be well within your rights to do so. If you think it would be easier to simply dig down below an existing nation and declare your independence mole-people style, that’s probably not going to work as laws dictating just how far down national sovereignty goes aren’t very clear- but given that the deepest mines in the world still fall under national sovereignty you’re going to at least have to go deeper than the Mponeng gold mine in South Africa, which is 2.5 miles (4 km) deep.
Mponeng gold mine in South Africa
Mponeng gold mine -South Africa
At those depths heat from the earth’s core raises the temperature to 100 degrees or more (38 celsius), so we hope you like it hot.
The last option available to you would be the most obvious declare independence or take territory by force. Historically neither of those approaches has worked very well without massive support, and you can ask Germany about its very painful 20th century lessons in playing nice with your neighbors. You’ll next need to determine a system of government. Are you going to uphold
Perhaps you’re looking to found a libertarian state where, well, we imagine not much of anything would actually get done. The choice on how to govern yourself and your citizens is completely up to you, but whatever you choose you’ll need a cohesive national government in order to be recognized by the international community and not just seen as a bunch of idealistic squatters.
Your government should provide for the basic needs of your people, or not- but if you want to be recognized as a nation it must meet one requirement: have an apparatus by which it can interact with other foreign powers. You’re free to skip on social services and even a military if you like, but a secretary of state or similar position is vital for being internationally recognized. Nobody says it has to be a competent secretary of state, just that you need one, so feel free to nominate your cat if you like, it will technically fulfill this obligation.
So you’ve successfully declared independence from the world and established the Kingdom of You, with Mr. Sprinkles as your secretary of state through which all foreign powers must channel their diplomatic requests what’s left? Well, you’re going to need to be recognized internationally.
Now let’s look at
as sovereign state if you want to have a chance of surviving, and that means establishing diplomatic ties with other powers. If nobody takes you seriously, you may fulfill all the legal obligations under international law to become a free state, but won’t be recognized as such. The best way to do that would be to send diplomatic envoys to nations friendly to your ideology Taiwan, while technically still a part of China, has for decades declared itself an independent and sovereign nation from mainland Communist China. In order to protect themselves from forcefully re-joining a nation they no longer want to be a part of, they have garnered the support of powerful nations friendly to their democratic ideals such as the US and much of Europe.
As we have seen multiple times in the latter half of the 20thcentury, without these powerful ties Taiwan would have been forcefully reabsorbed by China, yet the threat imposed by its powerful friends has so far kept Chinese invasion forces at bay and respected Taiwan’s sovereignty. Yet though Taiwan is sovereign and seems to fulfill all the obligations for the creation of an independent nation, it is not widely recognized as such due to Chinese threats against nations whom would do so. If Taiwan were formally recognized as a free nation, any future military action by China to force it into the fold would be seen as not an internal matter, but a hostile invasion of a foreign nation, and thus prompt a global response per the UN charter. Thus China has threatened outright use of force against the island state if any nation, including the US, chooses to formally recognize Taiwan as independent.
So for your budding micronation, the lesson to be learned is to make powerful friends, but if at all possible to avoid making powerful enemies as well.
The best way to ensure you are declared a free and sovereign state would be to simply join the UN, which is not nearly as difficult as one might think.
The UN flag
All you need to do and I am not making this up is simply write a letter to the secretary-general and request membership. That’s it. There are no forms to fill out, no need to even outline what your nation is or how it is governed just ask. If you’re currently in the midst of establishing your own sovereign state you’re free to send your own application right now to:
Ban Ki-moon Secretary-General The United Nations First Ave. at 46thSt. New York, NY 10017
The next step however is a bit harder- your application must be referred by the Security Council to the General Assembly, where it must win a two-thirds majority who all agree you are a peace-loving state and can carry out the duties of the U.N. Charter. Basically the charter states that you will preserve the rule of law, support human rights in your nation, and maintain global peace, so if you’re looking to start the state of The Murderous Republic of Murder, you’re probably not going to gain entry to the UN. But nothing says you have to be a part of the UN to be an independent nation. The Vatican City, Palestine, Taiwan, Western Sahara, Kosovo, South Ossetia, Abkhazia, and Northern Cyprus are all non-US members but recognized by at least one country that is. It’ll certainly help your cause to be in the UN, but as we’ve seen, it’s not entirely necessary. Also, be sure to Ask us any questions and I will surely answer you!. Don’t forget to share!.