Oh. I totally misread your post as advocating putting the money into an index fund instead of buying lottery tickets.
Actually, retiring on the winnings is pretty much what I'd do, too. Though I'd want to diversify holdings over more asset classes than just index funds. When you just want to coast on passive income, it's fair to say even index funds are too risky to put everything in.
Actually, retiring on the winnings is pretty much what I'd do, too. Though I'd want to diversify holdings over more asset classes than just index funds. When you just want to coast on passive income, it's fair to say even index funds are too risky to put everything in.