The Biggest Mistake Lottery Winners Make

B2 – Upper Intermediate

It seems impossible to ever win the lottery, but what if you are extremely lucky and do? If the moment comes, everything could be difficult to understand, and you might not know what to do. For the majority, it’s possible that the overwhelming excitement might lead them to lose it rapidly, which could be disastrous.

Watch the video to find out more about the biggest mistake lottery winners make.

Vocabulary Questions:

  1. What does “income stream” mean? “The annuity can provide financial stability from the start, while ensuring a steady income stream for the future.” Use this term in a sentence and give a synonym.
  2. What does “to put someone ahead” mean?  “Creating an emergency fund would put you ahead of most Americans.” Use this idiom in a sentence and give a synonym.
  3. What is the meaning of to spend with intention”? “Understanding your values also makes it easier to spend with intention and avoid impulsive buys.” Use this idiom to make your own sentence and give a synonym.

Discussion Questions:

  1. In general, what are your thoughts on lottery?
  2. Why do you think many lottery winners end up losing all their winnings?
  3. Talk about the pros and cons of annuity and lump sum payment method.
  4. If you won the lottery, which payment option would you choose and why?
  5. Share your thoughts on this, “While lottery winners are rare, building up your own million-dollar jackpot doesn’t have to be.
  6. Have you heard of anyone winning the lottery in your country? How did it go for the winner?
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