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Easy Way to Get Rich: Win the lottery
Most people dream of hitting the lottery just once, but Las Vegas resident Joan Ginther hit it an unbelievable four times. According to ABC News, Ginther won the Texas lottery four times over the past 17 years, winning $5.4 million in 1993, $2 million in 2006, and $3 million in 2008. Her biggest score came in 2010: a $50 scratch ticket that was worth $10 million. Lucky or just unfair?
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Easy Way to Get Rich: Bet on the right horse, with free money
Texas software entrepreneur Glen Fullerton won $900,000 in the Kentucky Derby this year. What’s even better: He didn’t bet his own money. Fullerton, a novice gambler, won a $100,000 sweepstakes sponsored by Churchill Downs and CNBC to bet the lot on any of the horses in the field. His pick, Super Saver, with 8-to-1 odds, earned him the prize, reported nationalpost.com.
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Easy Way to Get Rich: Get a hole-in-one for $1 million
It is a challenge even most pro golfers would fail. Jason Hargett, a restaurant manager and father of four, was a last-minute replacement in a $1 million hole-in-one competition at the Mark Eaton Celebrity Golf Classic in Utah in 2009, and he almost opted out because of a sore wrist, reported ESPN. Fortunately he decided to stay in. Hargett sank the ball with his brother’s 9 iron to win the prize.
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Easy Way to Get Rich: Buy and hold
Long-term stock investments can pay off. Lake Forest (Ill.) resident Grace Groner worked as a secretary at Abbott Labs (ABT) for 43 years. She bought three specially issued shares of the company’s stock for $180 in 1935 and held on to them over the next seven decades, reported wsj.com. The shares split several times, and she reinvested the dividends. By the time Groner passed away this year at age 100, she had 100,000 shares valued at about $7 million.
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Easy Way to Get Rich: Marry rich
Love trumps all, romantics say, so there’s no harm in enjoying some of life’s luxuries along the way. Who knows this better than Melania Knauss, a Slovenian model who married Donald Trump in 2005 to become the billionaire developer’s third wife? Forbes.com estimates Trump’s net worth to be $2 billion. The couple signed a prenuptial agreement, reported nymag.com.
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Easy Way to Get Rich: Sue
In 2003, New York City claims examiner Cedrick Makara won a $3 million jury verdict after injuring his hand in the building where he works. He says he put his hand through a hole in a bathroom door where the knob was missing. He pulled the door just as someone else pushed it in, injuring the tendons in his thumb. As a result, Makara missed six months of work and had surgery on his hand, according to nydailynews.com. He sued the building’s owner and manager.
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Easy Way to Get Rich: Unearth gold with a metal detector
Most of us have seen them—people combing the beach for loose change with metal detectors as the rest of us work on our tan. Sometimes their payoff is a little bigger. Such is the case of Terry Herbert, an unemployed Briton, who struck gold in a friend’s farm in Staffordshire, England. He found 1,600 Anglo-Saxon gold and silver pieces dating as far back as the 7th century, valued at £3.285 million (or about $5.1 million today). Herbert will get half the cash, according to The Times of London.
Easy Way to Get Rich: Start a Blog
You don’t have to be a professional writer to write a blog – you just need to know a lot about a subject or have a special experience you can share. For example, if you’ve had success paying off a lot of debt thanks to all the advice you’ve found on Kiplinger.com, you can share your strategy in a blog. Promote it on social media sites, such as Facebook and Twitter. And reach out to other bloggers who write about a similar topic to see if you can write guests posts for their blogs with links back to yours. Once you have a following, then you can start making money with ads and affiliate marketing, says Jim Wang, who runs the Microblogger blog that teaches people how to generate income by blogging.
The easiest way to get ads on your site, he says, is to use the free Google AdSense service. It allows you to choose how ads are displayed on your site; however, the amount you’re paid varies by ad, he says. With affiliate marketing, you earn a commission (usually less than 10%) whenever someone clicks on an ad and purchases a product. Wang recommends the Amazon Associates affiliate program, which allows you to advertise the retailer’s products on your site, or try affiliate networks such as CJ Affiliate and ShareASale that work with thousands of companies. In addition to using these services, be sure you make it clear on your site that you’re open to advertising and provide contact information, Wang says. Depending on how much time you put into your blog, you could be making a few hundred dollars each month within a year, he says.
The easiest way to get ads on your site, he says, is to use the free Google AdSense service. It allows you to choose how ads are displayed on your site; however, the amount you’re paid varies by ad, he says. With affiliate marketing, you earn a commission (usually less than 10%) whenever someone clicks on an ad and purchases a product. Wang recommends the Amazon Associates affiliate program, which allows you to advertise the retailer’s products on your site, or try affiliate networks such as CJ Affiliate and ShareASale that work with thousands of companies. In addition to using these services, be sure you make it clear on your site that you’re open to advertising and provide contact information, Wang says. Depending on how much time you put into your blog, you could be making a few hundred dollars each month within a year, he says.
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