Why play the lotto? That is the million (or multi-million) dollar question.
- Firstly, for $1, you get hours of fantasy time. We spend our $1 and talk about what we will do with the money ... giving some to this relative, none to that relative, walking into work after riding in a giant limousine and delivering the resignation notice while wearing a Hawaiian shirt, taking a trip up to the space station at $40 million per head, and so on.
- Secondly, for $1, you get a chance at a lot of money. Sure, the odds are incredibly slim like 1 in 175,711,536. But hey, that is better than 1 in 0, which is what the odds are of winning if you don't play.
- Thirdly, the anticipation feeling you get when you check out the winning numbers is pretty damn cool.
- Fourthly, it emphasizes the power of interest nicely. For every $1 million dollars you have put away, you earn about $50,000 in interest per year. Now imagine if you have $100 million ... that is $5,000,000 in interest per year!! WOW! Talk about having some fun with that!
Okay, so you elect to put your $1 away. Every $1 is a nickel of free money the rest of your life. I totally get that (and have posted many blogs on it).... but I am willing to forgo a nickel the rest of my life for the lotto when it passes the $100 million threshold. I recognize the odds, but for a buck, it is an easy thing to try. Hell, I pick up a buck on the ground in loose change in any given week, so I think it is okay to try my hand at the wheel of luck for a buck! Oh yeah, I put the rest away since I probably won't hit the lotto.