Guys, really… why do you insist on making this so complicated?
I’m not going to invest $1 million dollars in $1 stocks. That’s #1, a huge risk, and #2, money I don’t have.
I’m not going to gamble $10,000 at roulette, because #1 I’m not looking to spend \
$10,000 right now, and #2 I have to go to casinos to gamble, and I’m looking for something convenient and easy.
I’m not going to invest $10,000 in the stock market, again – more money than we’re looking for here.
I liked the website with the lottery odds on it, kind of-- but I was hoping for some more analysis. Do I want a State Pick 5 lottery? Pick 3? 6? What about those scratch off games, any worth trying?
Things like horce-racing don’t work for me precisely because I’m not seeking to make a huge deal out of it, constantly monitoring how horses are doing and who is likely to win and such. I can make a thread here, monitor it for a week, and then have my lottery of choice for the next several years.
As to lottery being a huge waste of money, the problem is the lack of ‘huge’. $2 a week? $100 a year? That’s nothing compared to all the thousands I pay in taxes.
As to it being a tax for the uneducated, I’m not suggesting I make this my lifetime profession, nor do am I arguing that buying 2 tickets instead of 1 is a wise financial decision. However, buying just 1 ticket puts my odds of winning MUCH higher than any of yours, and costs me very very little, so I don’t mind.
So, once more – which lottery do I go with? Pick x number of balls? Scratch off games? I dunno.