Comment on You can't win the lottery

• Delphia@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Its not false hope, I’m aware that its stupidly unlikely but its not impossible. I dont think Ill ever win the jackpot but the idea that it could happen is worth $5 a week.

  source

  • mayonaise_met@feddit.nl ⁨6⁩ ⁨months⁩ ago

    The idea that it could happen is false hope though, because you’re buying into the idea that the chance is worth $5. The chance is so small it might as well be zero. So you’re way over spending.

    If you were to put $5 in S&P 500 weekly it far more likely that you’ll have a profit of a few thousand on top of the money that you did not spend on lottery tickets (because you still own the stock). That’s not really as radically marxist as my previous comment might make me seem, but for your personal wallet it’s way better.

    source
  • Honytawk@lemmy.zip ⁨6⁩ ⁨months⁩ ago

    You are more likely to play your whole life and never win a significant amount, than you are winning once.

    People who think they will get more out of it than they put in are delusional. Lottery is a business, only a small part of their earnings goes back into the pot.

    source