Have you ever believed that you’d somehow beat the odds and win the lottery? When you yourself have, you’ve got a lot of company. In reality, about one out of each and every three people in America genuinely believe that winning the lottery is the only way to become financially secure within their lifetime. Yikes!!! This is a frightening statistic on many levels.
Everyone knows that the likelihood of winning the lottery is one heck of an extended shot… for all else that’s! How remote เลขเด็ดเลขดัง are the odds of winning the jackpot? Your actual odds of winning the lottery rely on where you play, but going to the jackpot in single state lotteries your odds are about 18 million to 1, while multiple state lotteries have odds as high as 120 million to 1.
Are you in a position to picture 18 million people? I can’t, but I could picture the crowd at the Super Bowl. How many attend the annual Super Bowl? Let’s say 100,000. Now imagine 180 Super Bowls being played at exactly the same time. To accurately reflect the odds, out of all those individuals, 180 Super Bowls, just one individual will be plucked from the crowd to win the coveted grand prize.
To place it in another perspective, this could be like adding up the Super Bowl crowd for an unbelievable 180 years, just to amass enough people to fit the odds. Can you observe ridiculously remote your likelihood of winning the jackpot really are? It makes me nauseous to genuinely believe that some individuals are counting on the lottery scheme for his or her old-age financial security.
Interesting stats from regulations of averages.
In 2004, the common American spent more on lotteries than on reading materials or attending movies. The typical spent on lotteries that year was $184. The typical return on lotteries is only fifty-three cents on the dollar. For the common investor, over a forty-year period, the stock market returns 811% more compared to the lottery.
Several years back at a family reunion, someone proudly announced that they’d just won several hundred dollars in a lottery. After the usual good wishes and congratulations subsided my Uncle Peter calmly said that he had determined a method that allowed him to consistently beat the lotteries. Naturally we all scoffed but at the same time we urged him to share his secret to the Holy Grail. Uncle Peter just smiled and waved us off, but he peaked our interest so we wouldn’t be dissuaded.
After a couple of minutes of cajoling he asked which of us played on a regular basis. Several people admitted they played on occasion… but simply for fun of course. “How much do you may spend?” Uncle Peter inquired. The consensus averaged around fifteen dollars a week. “That’s incredible!” gasped Uncle Peter, “because that’s how much I’m ahead each week.” Some of the family rolled their eyes and groaned since they immediately saw where he was going. Several others continued to pressure him to reveal the formula. Finally he relented and shared the secret. “My secret to being released ahead every week is this… I don’t play! Each week I don’t play, I’m ahead.”
Among the jeers and laughter and a couple of well-aimed dinner rolls, Uncle Peter laughingly insisted his reasoning had total merit. “If I compare myself to the folks who play every week,” he explained, I must say i do come out ahead on each draw. After each and every lottery I am guaranteed to have $15 in my pocket. In the event that you play and don’t win, you’re out $15. In reality, when I compare myself to the folks who play, I win $15 each week.”
From standpoint Uncle Peter’s logic is unassailable. On the other hand, I’m not planning to suggest that folks shouldn’t gamble or play the lotteries. That’s the final thing I’d do. I will say however, that everyone must do themselves a huge favor and get out of the “something-for-nothing mentality, and the quicker the better.
Playing lotteries or gambling are two perfectly legitimate forms of fun and entertainment, but only underneath the scrutiny of the following two reasons;
Number one: in the event that you play you can truly afford to reduce the money. That means losing won’t affect your happiness, your lifestyle, or your long-term financial health in any way.
Number 2: (assuming you can say yes to number one), you probably, truly enjoy playing.
If you like the fun, the excitement, the suspense or whatever it is you get out of playing, a lot more than you value the amount of money you lose, you then win each time you play.
In the event that you can’t say “yes” to both reasons for playing, then you might want to test the other approach to winning every week… follow Uncle Peter’s example and stop playing!