I think he just does what every average Americans do. The percentage of the lotto compared to his "wallet portion" is probably nearly the same amount of cash percentage-wise you keep on yourself most of the time.

Of course carrying that much is still stupid. I'm tempted to rob him.

Off Topic: I see you changed the email message to mention spam. The reason I add the "nospam" part is because there are still crawlers that can access that even if it isn't shown to the public. Well, so I've been told by my geek friends.