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Is it worth it to play the lottery?

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Is it worth it to play the lottery?

Postby Tsar » Wed Feb 18, 2015 1:01 am

Is it worth playing the Lucky for Life lottery game that was recently adjusted to have a better second prize. Tickets cost $2.

http://www.neluckyforlife.com/

Second Prize: $25,000 a year, FOR LIFE*
Odds of Winning Second Prize: 1 in 1,813,028

It's decent enough to live on annually in most HappierAbroad countries if won. I don't like the lottery because I know only the people running it truly profit and winning is almost impossible. Do you think it's worth playing a few tickets each week? I'm thinking it's money that's better saved but I'm not sure at this point because even an impossible chance might be worth taking.
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Re: Is it worth it to play the lottery?

Postby Cornfed » Wed Feb 18, 2015 4:41 am

If you enjoy the thrill of playing then it might be worthwhile. As an investment, of course it f***ing isn't worth it.
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Re: Is it worth it to play the lottery?

Postby Luc Furr » Wed Feb 18, 2015 5:51 am

how does the saying go? "lotteries, a tax on the poor and stupid."
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Re: Is it worth it to play the lottery?

Postby onethousandknives » Wed Feb 18, 2015 2:59 pm

No, you'll be happier putting the two dollars toward beer.

I used to buy only $1 scratchoff tickets. I once won $80 on one. I figure by winning $80 on one I pretty much broke even and quit.
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Re: Is it worth it to play the lottery?

Postby jamesbond » Thu Feb 19, 2015 1:05 pm

If you do win the lottery, think of all the hot women you could get! :P

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Re: Is it worth it to play the lottery?

Postby MrMan » Thu Feb 19, 2015 11:24 pm

It's a voluntary tax for those who are bad at math.
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Re: Is it worth it to play the lottery?

Postby Cornfed » Fri Feb 20, 2015 5:15 am

MrMan wrote:It's a voluntary tax for those who are bad at math.

Although you can tip the odds a bit in your favor by picking unpopular numbers.
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Re: Is it worth it to play the lottery?

Postby droid » Fri Feb 20, 2015 5:27 am

People sometimes throw more money away like losing $3k in B.S. 401k value or what not and just shrug it off.
They probably would get more value playing those 3K in lotto tickets.
1)Too much of one thing defeats the purpose.
2)Everybody is full of it. What's your hypocrisy?
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Re: Is it worth it to play the lottery?

Postby MarcosZeitola » Fri Feb 20, 2015 8:55 pm

For two dollars a ticket, it's hardly a financial ruin to give it a try. Who knows, you might get lucky? Stranger things have happened to less deserving folks. Just be careful not to develop some sort of gambling problem, because that would be a shame.
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Re: Is it worth it to play the lottery?

Postby MrMan » Sat Feb 21, 2015 12:16 am

MarcosZeitola wrote:For two dollars a ticket, it's hardly a financial ruin to give it a try. Who knows, you might get lucky? Stranger things have happened to less deserving folks. Just be careful not to develop some sort of gambling problem, because that would be a shame.


200 tickets a month could lead someone to the poor house. The lottery appeals to those with addictions. Some people buy a ticket or two, but there are other people who buy lots of them.
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Re: Is it worth it to play the lottery?

Postby Dragon » Sat Feb 21, 2015 3:29 am

Tsar wrote:Is it worth playing the Lucky for Life lottery game that was recently adjusted to have a better second prize. Tickets cost $2.

http://www.neluckyforlife.com/

Second Prize: $25,000 a year, FOR LIFE*
Odds of Winning Second Prize: 1 in 1,813,028

It's decent enough to live on annually in most HappierAbroad countries if won. I don't like the lottery because I know only the people running it truly profit and winning is almost impossible. Do you think it's worth playing a few tickets each week? I'm thinking it's money that's better saved but I'm not sure at this point because even an impossible chance might be worth taking.


Don't listen to any of the fools in this thread. Playing the lottery is a great idea. It's the only real way to get rich nowadays. Go for it!
I am a terrible person.
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Re: Is it worth it to play the lottery?

Postby Tsar » Wed Feb 25, 2015 2:11 am

Dragon wrote:Don't listen to any of the fools in this thread. Playing the lottery is a great idea. It's the only real way to get rich nowadays. Go for it!


Are you being serious or is that suppose to be a joke?
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Re: Is it worth it to play the lottery?

Postby xiongmao » Wed Feb 25, 2015 8:41 pm

The lottery is a complete waste of money. More people should do what I've been doing over the last 10 years, which is to put every spare penny into 5-25% paying investments. All those $2's do add up - my investment income now pays my mortgage. And I've done this on an average salary.
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