It shouldn’t come to our readers that lottery tickets are not a good investment and are certainly not a retirement planning tool. But we were surprised to see “Save For Retirement” prominently featured at megamillions.com presumably as something MegaMillions might allow one to do.
This is an irresponsible and dangerous message. We understand that people enjoy buying lottery tickets for the chance it gives them to dream of a major change in their lives. However, lottery tickets are not a retirement saving tool. We call upon MegaMillions and the states behind it to immediately cease this misleading promotion and stick to promoting the lottery in a responsible way.