If you really consider it, there are actually an amazing range of life's situations that can be inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and going to work, increases one's chances of being killed in a transportation accident. In face of today and everything you know about investing, whether it be in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it's nothing more than "betting" that someday tomorrow will probably be better with pleasant expected returns on investment; or perhaps not. There is just one big risk you should avoid and that's the risk of doing nothing and not taking your chance.
Come to look at it in face value, investing within any money market really is, legalized gambling, per se. You can look-at investing in terms of chart formation, or you put your money within the utilities anticipating when they are "due", you cash in or again maybe not; or you choose to possess any among the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real-estate, cash and commodities-no matter what your reasoning for that, if that's not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of individuals, buying more stuff, utilizing more energy, reliant on more gadgets-with hope you can cash in; or possibly not. You are basically "betting" on all of it.
So it is, with the lottery-a type of gambling with origins in Florence, Italy, where the first lottery was held in the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian metropolitan areas. It became a national trusted lottery dealer, and still known today as the Lotto in Italy, as also adopted and called in many other countries, such as the United States Of America. The lottery, as a type of government-licensed gambling, involves drawing of lots for a wide selection of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; though the lottery will not require any special skills-set to play.
As with any risk, often there is something at stake. Even when you decide to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain when you take the chance to start your own business. The lots you buy to play the lottery are today within the type of tickets and also the prize is usually a large sum of cash. The draws are random and every player has an equal chance of winning the major prize which often grows really big with massive roll over jackpots.
Come to look at it in face value, investing within any money market really is, legalized gambling, per se. You can look-at investing in terms of chart formation, or you put your money within the utilities anticipating when they are "due", you cash in or again maybe not; or you choose to possess any among the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real-estate, cash and commodities-no matter what your reasoning for that, if that's not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of individuals, buying more stuff, utilizing more energy, reliant on more gadgets-with hope you can cash in; or possibly not. You are basically "betting" on all of it.
So it is, with the lottery-a type of gambling with origins in Florence, Italy, where the first lottery was held in the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian metropolitan areas. It became a national trusted lottery dealer, and still known today as the Lotto in Italy, as also adopted and called in many other countries, such as the United States Of America. The lottery, as a type of government-licensed gambling, involves drawing of lots for a wide selection of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; though the lottery will not require any special skills-set to play.
As with any risk, often there is something at stake. Even when you decide to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain when you take the chance to start your own business. The lots you buy to play the lottery are today within the type of tickets and also the prize is usually a large sum of cash. The draws are random and every player has an equal chance of winning the major prize which often grows really big with massive roll over jackpots.