Why buying lottery tickets is a bad investment - Personal Finance (Other)

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by Scott Heritage

Today there are hundreds of lotteries worldwide, which all have millions of people playing them every day. To the winner it can mean the difference between working for the rest of their life and living in luxury as a multi...read more
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by ArjunW

Lottery tickets are a scam to fool people that are bad at mathematics. If you have even taken elementary school math, then you will know the odds of you winning a lottery are really low compared to what you pay for it ever...read more

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by Mjrinella

Lotteries are a growing trend; one that sucks you in and doesn't let you go. For some it's an innocent little hobby they partake in once every month or so; but for others they hope it will be their big break, investing mon...read more
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by Tim Gray

Over the past few decades of our nation, in a never ending search to find more and more ways to generate revenue and fatten coffers, many states have instituted government sanctioned lotteries. Indeed, many lottery friendl...read more
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by Morgan Drake Eckstein

There are many people who buy lottery tickets every week. And for the most part, no matter whether it is a scratch game or a drawing, these people are wasting their money. The state sponsored lotteries are a hidden tax...read more
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by Excalibur Snape

It seams that no matter how much money you invest in lottery tickets you barley break even I mean you buy a five dollar ticket and when two dollar just enough to get a lottery ticket. You put more money into it then you g...read more
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by Grey Lady

Anyone purchasing a lottery ticket as a personal investment other than as the opportunity to play a game is indeed making a bad investment. Lottery tickets are not and should not be viewed as an investment by those who pla...read more
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by Bradley Beecher

Lottery tickets and the word investment do not belong in the same sentence. Shooting craps, playing blackjack, baccarat or roulette would provide you with far better odds of financial success. Who, even the most degenerate...read more
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by Courtney Caswell-Peyton

The Lottery Could Have You Languishing Over Being A Loser Or Celebrating Some Much-Needed Mula I don't like gambling. I see it as a precious waste of time and money and to some extent it bucks directly up against my pe...read more
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by Ben Hughes

Buying a lottery ticket is one of the worst investments someone could possibly make, with virtually no chance of any return and no guarantee about how the money spent on the lotteries is used. Rather harshly described a...read more

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