{"id":40488,"date":"2024-05-22T09:14:45","date_gmt":"2024-05-22T14:14:45","guid":{"rendered":"https:\/\/www.casino.org\/blog\/?p=40488"},"modified":"2024-06-13T10:31:59","modified_gmt":"2024-06-13T15:31:59","slug":"becoming-a-millionaire","status":"publish","type":"post","link":"https:\/\/www.casino.org\/blog\/becoming-a-millionaire\/","title":{"rendered":"Index for Best (and Worst) States for Becoming a Millionaire\u00a0"},"content":{"rendered":"\n

“I wanna be a billionaire so freakin\u2019 bad\u201d – Bruno Mars was onto something when he serenaded us about his wealth dreams back in 2010. Although \u201cbillionaire\u201d is quite ambitious, most of us at least<\/em> fantasize about the modest million or two.  <\/p>\n\n\n\n

If you\u2019ve been hoping to \u201ctoss a couple milli in the air for the heck of it\u201d just know there are some places that are better for it. Some states have neighborhoods filled with McMansions while others scrape the barrel for a buck. We wanted to just where the entrepreneurs, the ambitious, and the idealist would have their best shot at earning $1,000,000,000.  <\/p>\n\n\n\n

To determine this, we looked at a number of wealth factors, at the state and city levels, that crucially affect financial growth. Those factors include:  <\/p>\n\n\n\n

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  1. Cost of Living Index <\/li>\n<\/ol>\n\n\n\n
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    1. Access to investment funds and venture capital <\/li>\n<\/ol>\n\n\n\n
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      1. Average Income <\/li>\n<\/ol>\n\n\n\n
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        1. Education Rates <\/li>\n<\/ol>\n\n\n\n
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          1. GDP Per Capita <\/li>\n<\/ol>\n\n\n\n
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            1. Current concentration of millionaires  <\/li>\n<\/ol>\n\n\n\n

              We combined these factors to create a weighted score that ultimately ranked states and 20 US cities by likelihood of becoming a millionaire. So where will you have your rags to riches story? <\/p>\n\n\n\n

              \"\"<\/figure>\n\n\n\n

              Key Findings:<\/strong> <\/p>\n\n\n\n