Perhaps you have thought that you’d somehow beat the odds and win the lottery? When you yourself have, you’ve got plenty of company. In reality, about one out of each three people in America think that winning the lottery is the only method to become financially secure within their lifetime. Yikes!!! This can be a frightening statistic on many levels.
Everyone knows that the possibility of winning the lottery is one heck of a lengthy shot… for everybody else that’s! How remote ตรวจสลากกินแบ่งรัฐบาล are the odds of winning the jackpot? Your actual odds of winning the lottery rely on where you play, but to hit 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 able to picture 18 million people? I can’t, but I will picture the crowd at the Super Bowl. Just how many attend the annual Super Bowl? Let’s say 100,000. Now imagine 180 Super Bowls being played at the exact same time. To accurately reflect the odds, out of all the 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 will resemble adding up the Super Bowl crowd for an incredible 180 years, merely to amass enough people to match the odds. Would you observe how ridiculously remote your chances of winning the jackpot are really? It creates me nauseous to think that some individuals are relying on the lottery scheme because of their old-age financial security.
Interesting stats from the law of averages.
In 2004, the common American spent more on lotteries than on reading materials or attending movies. The common allocated to lotteries that year was $184. The common 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.
A number of years back at a family reunion, someone proudly announced that they had just won several hundred dollars in a lottery. After the usual good wishes and congratulations subsided my Uncle Peter calmly said that he had found out something that allowed him to consistently beat the lotteries. Naturally we all scoffed but at once we urged him to fairly 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 few momemts of cajoling he asked which of us played on a regular basis. Several people admitted that they played on occasion… but simply for fun of course. “Simply how much do you spend?” Uncle Peter inquired. The consensus averaged around fifteen dollars a week. “That’s incredible!” gasped Uncle Peter, “because that’s just how much I’m ahead each week.” Some of the family rolled their eyes and groaned simply because they immediately saw where he was going. A couple of others continued to pressure him to reveal the formula. Finally he relented and shared the secret. “My secret to developing ahead each week is this… I don’t play! Every week I don’t play, I’m ahead.”
One of the jeers and laughter and several well-aimed dinner rolls, Uncle Peter laughingly insisted his reasoning had total merit. “If I compare myself to the folks who play each week,” he explained, I really do turn out ahead on each draw. After every lottery I’m guaranteed to own $15 in my own 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 one standpoint Uncle Peter’s logic is unassailable. On another hand, I’m not about to suggest that individuals shouldn’t gamble or play the lotteries. This is the final thing I would do. I’ll say however, that everyone should do themselves an enormous favor and get free from 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 under the scrutiny of the following two reasons;
Number one: in the event that you play you are able to truly afford to get rid of the money. Meaning losing won’t affect your happiness, your lifestyle, or your long-term financial health in any way.
Number 2: (assuming you are able to say yes to number one), you really, truly enjoy playing.
If you adore the fun, the excitement, the suspense or whatever it’s you get free from playing, significantly more than you value the cash you lose, you then win everytime you play.
In the event that you can’t say “yes” to both reasons for playing, then you might want to try another approach to winning every week… follow Uncle Peter’s example and stop playing!