See why scratch-offs and lottery are listed among my fund-raising tactics? I'm lucky enough, those can help out a great deal.
Making decisions about your money based on the completely nonexistent forces of luck? And this is luck which isn't even slightly influenced by good decision-making input, lotteries are just pure luck.
Not pure luck, gambling agencies spend much of the money people give them to predict what will occur.
There is a local law that effects some gambling near here. I think the figure is 60/40. The odds of the machines need to be set so that the average outcome of putting 100 monetary units into it is to get 60 monetary units out of it. Lotteries are not all bad, if 100 people each contribute 1 monetary unit that isn't significant to them over that time period and one person gains 100 Monetary units that is significant to them over that time period then, due to the sensibilities of perception, it can be seen to have caused a benefit with no great drawback. Of course, if a company is doing it for profit, then a significant percentage of the money spent on the lottery does not go to the recipient. You have 100 spending 1 so that 1 gains 60 and the organiser gains 40. No matter what your personal experience, the community of participants loses and the odds, as much as they can be predicted, all but guarantee that you will lose over time. A non-profit lottery can be a useful tool for concentrating unwanted amounts of money, any form of gambling that maintains a business is purely recreational, with no financial incentive. You are better off gambling with the lives of dwarves...
P.S.
I am sad today because I think that I might be sucking the fun out of stuff...
Author
Topic: Things that made you sad today thread. (Read 9706487 times)