Lottery 24872714979

[joeanndoan09]

If you really think about it, there are actually an amazing number of life’s situations that will be inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and going to work, increases one’s probability of being killed in a transportation accident. In face of today and everything you know about investing, be it in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it’s nothing but “betting” that someday tomorrow is going to be better with pleasant expected returns on investment; or perhaps not. There is only one big risk you should avoid and that is the risk of doing nothing and not taking your chance.

Come to look at it in face value, investing within any money market really is, legalized gambling, per se. You can look at investing with regards to chart formation, or you put your hard earned money within the utilities anticipating when they are “due”, you cash in or again maybe not; or you decide to have any one of the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real estate, cash and commodities-no matter what your reasoning for that, if that is not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be more people, buying more stuff, utilizing more energy, determined by more gadgets-with hope you can cash in; or perhaps not. You are basically “betting” on all of it.

So it is, with the lottery-a type of gambling with origins in Florence, Italy, where the first lottery was held within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian cities. It became a national lottery, and still known today as the Lotto in Italy, as also adopted and called in lots of other countries, including the United States Of America. The lottery, as a type of government-licensed online gambling, involves drawing of lots for an assortment of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; but the lottery does not require any special skills-set to play.

As with any risk, there’s always something at stake. Even if you elect to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets as well as the prize is usually a big sum of money. The draws are random and every player has an equal chance of winning the main prize which often grows really big with massive roll over jackpots.

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