Oh, to be a millionaire. Who among us hasn’t dreamed of inventing the next billion-dollar gadget, picking the perfect stock, or stumbling upon a pile of buried treasure?

TV shows have caught onto the dream, asking us Who Wants to be a Millionaire?, Who Wants to Marry a Millionaire?, and on and on.

So what are the chances, really, of becoming a millionaire in your lifetime? Thanks to a recent study, we can actually give you some hard numbers.

Your odds of becoming a millionaire in your lifetime? 1 in 32.

But what if you have a college education? Your odds leap to 1 in 6.

And what about those who are already millionaires; what do they credit their success to? 95% say hard work got them there, and 4 in 10 are still at work today.

But what can you do today to become a millionaire? If you’re young, time is on your side. Our book How to Turn $100 into $1,000,000 is your guide to turning your earnings into big bucks. Among our tips: invest consistently in your youth, turn ideas into business models, and know how to avoid common money mistakes.

More of a video watcher than a book reader? Good news: we created an entire episode on the matter, too.