Is buying lottery tickets just stupid?

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Nov 20, 2014 09:02
Somebody say buying lottery tickets is just a waste of money because you are bound to lose money in the long run.

Certainly, when you take into the expectation value, it's obvious.

But this doesn't always follow that buying them is stupid.

It'll give you a chance to get tremendous money at once.

In capitalism society, those who have more money can get more money.

So, you can make more money through appropriate measures such as investing in stocks.

Then, it's better for you to dash to a nearby lottery counter and buy them up!





Of course I'll never buy them because the winning probability is too low:->
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