Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Real Cost of the Lottery

By Lewis Braham - 2012-11-28T21:32:58Z

Photograph by Juan Silva/Getty Images

Company Symbol % Change
15 of 16


Some winners dream of being free of work forever. Calculating the cost to do that is tricky. Say you're 30 and need $100,000 a year to live comfortably. The average life expectancy in the U.S. is 78, so you'll need 48 years' worth of that amount, adjusted for inflation. At a 3 percent inflation rate, today's $100,000 would have to be $413,225 in the year 2060 to maintain purchasing power. It would have to be only $203,279 in year 2036, when you're at the halfway mark. You'd also expect to invest some money to counteract inflation. This is why getting good financial advice is so important.