AM/PM Session - 8 January 2019 - You can win a billion and still go bankrupt
We read an article about how people spend their money, and whether they are rich for the rest of their lives, after winning a big amount of money:
Vocabulary Top 10:
tally - to record and count or calculate (something)
drawing - an act of choosing something (such as a winning ticket) from a group without knowing which one you are choosing
payout - a usually large amount of money that is given to someone
odds - the possibility that something will happen : the chance that one thing will happen instead of a different thing
pot - the total amount of money that has been gathered from many people for some purpose
lump sum - an amount of money that is paid at one time : a single sum of money
factor in - to consider or include (something) in making a judgment or calculation
all-too - used to emphasize that something is the case to an extreme or unwelcome extent
Midas touch - the ability to make everything that you are involved with very successful
accrue - to increase in value or amount gradually as time passes : to grow or build up slowly
Why do you think people still go bankrupt after winning lots of money?
If you won a billion dollars, what would you do with it?
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