I don’t play the lottery. I don’t gamble at all… well, other than when I say or do something I might get stabbed for… but I never gamble with money.
This is nothing to do with religion nor the famed Scottish parsimony. I don’t gamble for one simple reason. I am no damn good at it. I never win. I can’t win a 50/50 gamble and have no chance at a 14 million to one shot. So I do not play the lottery.
It surprises me that so many people do and it surprises me more that, on average, the Brits spend £416 a year on it. I spend nothing on it and can’t immediately think of anyone who does. Therefore some people are spending what could amount to a fortune in the hope of winning a fortune. Which, when you think about it, makes no sense.
You know, if you just kept the money in a jar, you’d be better off.
The lottery funds all kind of pointless crap we’d all be better off without, using money we’d all be better off with. Why give it to them? Sure, you might one day win that million-pound jackpot but chances are, you won’t.
Even if you do, look at the horror stories of those who did. Hounded by dodgy investors and begging letters, their lives ruined and now destitute. You really want to win that? Really?
The lottery is pointless. If you want to gamble for a chance at riches, go for premium bonds. At least you can get your money back if you get fed up of trying.
The article in the link talks of the alternative returns on the average lottery spend. Mine is zero and so are many, many others. Which means that many are way above the average.
If that’s you, go for a savings account. If you are losing that much money every month on a false hope tax, imagine how much better off you’d be in an interest-paying savings account.
Or you could just spend it on booze. You’ll still be skint but you won’t care.
Works for me.