11/03/2009

Benefits Lottery?

Given the Bank of England's super low base interest rate and the growing disillusion with the National Lottery:

Which would be worth most to a 2.5 kids family - a year on incapacity benefit (including all extras) or a year's interest from a typical Wednesday's Lotto jackpot?

I'm not much good at sums, but I suspect that if a two parent two kids family, living in a rented house, won tonight's Lottery Jackpot they may be worse off by wining!

4 comments:

  1. If infation > interest rate then = loss

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  2. Miserable - there are no 2.5 kids family any more, the birth rate is about 1.8.

    Just thought you ought to know the demographics - demography is the mother of all politcs after all.
    http://demography.matters.googlepages.com/fertilityinwales

    ReplyDelete
  3. You OK Alwyn? You have not posted in a while?

    ReplyDelete
  4. Where are you Alwyn? We miss you!

    ReplyDelete