Is Playing the Lottery a Form of Investment?

The lottery is a game that depends heavily on luck.

16:54 22 July 2020

If lucky, players will get rich in a moment, on the contrary, they can lose all just because playing the lottery. There are many people who want to get rich from the lottery, especially the poor who always try to invest in the lottery.

 

Playing the lottery: the game depends on luck

 

It can hardly be denied that playing the lottery is a form of business investment. More and more people are determined to research the rules and calculate the probability that they will win the lottery and invest in this game. A number of foreign scientists have researched and pointed out that the people who buy lottery tickets are those who have low income or low education. Unlike online casinos, online casino players are those who have at least contact with computers and have certain knowledge about online operations.

 

Certain players want to win when they play to multiply their own capital. Lottery is not just a game of chance but requires players to know the calculation to increase the probability of winning.

 

Each player has their own tactics, so they can always win the lottery. Each method has a different success rate. If you are new, you should synthesize the tactics of the player to find the method that best suits you. You can refer to some of the most accurate tips shared by players at Link W88. W88 is also one of the leading prestigious bookmakers. And W88 is increasingly proving the growth in the online betting market today. While the methods are not entirely guaranteed to provide 100% chance of winning. But if applied correctly, the success rate is also very high, sometimes up to 90%.

 

Playing the lottery is a form of business investment

 

According to the statistics of the Ministry of Finance, the lottery revenue in Vietnam in 2014 was 63 trillion VND, 2015 was 3 billion USD. This is 334500 times the annual salary of a normal Vietnamese person.

 

Some reasons for many people like to play the lottery

 

People who play lottery want to get rich quickly: it is true to say that everyone wants to be rich, have lots of money. But for low-educated people, there is no denying that trying for a short time to be rich is really difficult. They think they should invest in the lottery, luck can come to them. They think they will be rich without having to work so hard. The winning rate is very low, so players have to buy a lot of tickets and buy regularly to be able to win. As such, they have brought a great source of revenue for this industry.

 

Want to try your luck: some lottery players do not think about investing but just Want to try to see how their luck.

 

Playing lottery became the movement: in fact, many people bought lottery at the call of friends and relatives. On the other hand, the Viettlot lottery has opened an American lottery movement in Vietnam. This attracts a lot of people thanks to the huge amount of prize money the winner can receive.

 

Make money to invest: many people Want to invest in business Or invest for a personal purpose but do not want to borrow money. They often bet their existing money on the lottery and hope good luck will come to them. When they win, they get the money they want without having to pay off the debt.

 

Should invest in playing the lottery?

 

The answer is no. Do not think that anyone can win a huge amount of money from the lottery and change their lives quickly. In this world, it is possible that there is no billionaire who is rich thanks to winning the lottery.

 

According to an American billionaire, Mark Cuban, the odds of winning the lottery in the US are 1 / 292.2 million. Think about finding a different investment direction instead of waiting for your luck through playing the lottery.

 

Real talented and rich people, they won't invest in the lottery to make a profit. Investing in lotteries is a form of high-risk investment. The rich when deciding to invest in a certain area will also consider the possibility of risk and desire to earn profits 2, 3 times certainly.

 

Should invest in playing the lottery?The answer is no

 

There are many lucky winners of the lottery, becoming a billionaire overnight. However, their financial management ability could not improve after just one night like how they won the lottery. Many people feel confused when they first have such a large amount of money, they will spend extravagantly and eventually, they will lose all the money from winning the lottery.

 

Do not become addicted to playing the lottery

 

The media like to write about lottery winners because many people like to read those stories. But all the prospect of winning the lottery is just instant gratification, instant prizes and instant wealth, without having to suffer any difficulties to become rich.

 

"If you look closely at any of the lottery winners' stories, you will notice that almost none of the winners are CEOs, senior executives, entrepreneur, success or famous experts, "declared Tom Corley - Financial planner and author of" Rich Kids: How to Raise Our Children to Be Happy and Successful in Life ".

 

He said, through a study of the rich and poor over the past five years in the US, he found that successful people do not play the lottery because they do not have a lottery mindset. In his most famous books, "Rich Habits" and "Change Your Habits, Change Your Life," he shares in common with the millionaire's habits. You can refer to it instead of thinking Think about which number to buy to win the jackpot.

 

Sometimes winning the lottery also brings unhappiness to these lucky people. Some people have lost intimate relationships after suddenly becoming a billionaire.

 

Poor people all over the world still want to get rich by investing in lotteries. Therefore, the risk of them becoming highly addicted, the property quickly disappeared. Too focused on playing the lottery will make them no longer intend to fulfill many other dreams of life and they will not be able to make their ideas and dreams come true. Lottery players are easily affected mentally, especially after losing, they must find ways to invest more. Soon, the career or work of these people will disappear.

 

All in all, there have been many lucky people owning huge amounts of prize money from playing the lottery. However, as warned, not everyone can have that luck. Buying a lottery ticket every day is no different than the way you spend money lavishly. Choose a different investment path instead of the lottery, so you have a fixed income and know how to control your finances.

 

Lottery is an interesting, challenging game for players, stimulating players to receive the attention of many people. In particular, participating in playing the lottery at the house W88 you also have the opportunity to receive many great prizes, high bonuses. If you intend to participate in the lottery playground at W88, you should pocket the sharing to successfully win the prize. Wish you have moments of fun!