How to Become a Millionaire | Popular Methods
It’s the dream of most around the world – to become a multi-millionaire and be able to afford most of life’s luxuries such as a large house and an extravagant sports car (or two). Taking the step from dream to reality is challenging but it’s far from impossible. In this article; we’ll explore the different ways of becoming a millionaire and achieving this goal.
① Jackpot/Progressive Slot Machines
The growth of casino gambling has opened new opportunities in terms of joining the world’s super rich elite. This is because of a specific game type known as ‘Jackpot’ or ‘Progressive’. These games function the same as a standard slot machine but have an additional incentive in the form of a main prize. Many of these games have jackpots in excess of £1,000,000.
Odds of winning these prizes may be low but when compared to other methods such as lottery games and scratch cards they are frequently far more likely. It’s always important to check the jackpot prize amount and the overall game payout percentage to make sure your getting the best possible value for money in terms of the cost per spin and the chance of winning.
RedBlackWin.com suggest the Millionaire Genie Progressive Slot Game as it offers good odds of winning and a main prize stretching into the multi-millions. The bet size per spin determines the odds of winning.
② Lottery Games
Whether it’s Lotto, Euromillions, Powerball or another jackpot game – the rules are generally similar with truly eye-watering prizes. Pick numbers or select a lucky dip and cross your fingers. The problem is the chances of winning are astronomically low. It doesn’t help that many lottery companies are making it even harder to win (by adding additional numbers) so that there are more rollovers and thus ticket sales increase overall.
Purchasing one ticket isn’t a bad idea – at least then you have a shot at a truly life-changing win. However we strongly advise against purchasing multiple tickets. Although it does increase your chances of winning – the increased cost simply doesn’t justify the minor increase in the probability of scooping the jackpot. Your best bet is to purchase as part of a Lottery Syndicate.
③ Scratch Cards
The offering from scratch cards is very similar to the lottery. The only difference is that instead of trying to match numbers its instead the goal to match symbols. There are a wide and diverse range of cards available with varying main prizes. The odds of winning are very low and the overall payout (AKA Return to Player) is much worse than Slot Machines for example.
The cost of scratch cards can be high and so it’s important to only purchase them occasionally as its not realistic to think the jackpot will be yours any time soon. There are many lower level significant prizes with better odds though so it’s not all bad news when it comes to scratch cards.
④ Starting a Business
Gambling offers the chance of becoming a millionaire to anyone however if you have a specific passion and perhaps an idea to start with – the prospect of achieving wealth through a business is an interesting area to explore. With the introduction of the internet; it’s easier than ever to get started and to target international markets.