Fresh off Powerball fever for everyone across the country and the state of Maine comes details of a study that suggests that the lottery may actually be one of the few ways you can become a millionaire by living and working in the state of Maine. Because if you're earning just a median income, there's almost zero chance you'll ever get there.

Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars
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According to, people in the United States believe that having at least one million dollars in the bank constitutes being "rich". The website decided to do a detailed breakdown on the average income in each state plus average expenses, then calculate how many years it would take for someone to achieve millionaire status. The outlook for Maine is not ideal.

investing money for retirement

90 years. That's right. If you work an average job, making average money, and are paying average bills, it'd take you 90 whole years to see seven digits in your bank account. The website also calculated another number, if you made average investments along the way, even with that added income, it would still take you 84 years to achieve millionaire status.

Pile of Twenty Dollar Bills
Ingram Publishing

If you want a silver lining, the financial strength of Maine has actually improved since this same study was done in 2018. That study suggested it would take a Maine resident 103 years to achieve millionaire status by living and working on an average salary.

Maine was the 2nd worst state in the country in the findings. The only state worst was West Virginia. So if you're planning on becoming a high-roller living that Boardwalk life, Maine probably isn't the state for you.

Massive Luxury Maine Estate Has Its Own 9-Hole Golf Course, Indoor Pool

6 East Rd in Greenville, Maine, is located in the midst of stunning, natural beauty in the Moosehead Lake region. Listed by John Scribner of LandVest Inc, this large, spacious, unique and well-crafted home has 9 bedrooms, 3 baths and is over 13,000 sq ft. This resort-feel home sits on 88 acres.

Gallery Credit: Rob Riccitelli

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

Gallery Credit: Bethany Adams

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