2007-05-01 08:41:52 · 18 answers · asked by Horatio "H" Caine 3 in Entertainment & Music ➔ Polls & Surveys
haven't you seen that commercial with the monkeys in the board meeting and the stupid powerpoint presentation and then at the end it says something about lottery tickets being a "sound investment strategy"? come on now......
2007-05-01 08:46:54 · answer #1 · answered by MissKnowItAll 3 · 0⤊ 0⤋
The lottery is a tax on people who can't do basic math. Only play it with money that you can afford to throw out the window of your car while driving down the highway. You're about as likely to win big as you are to have the money thrown out by the guy in front of you blow into your car.
2007-05-01 08:48:05 · answer #2 · answered by Ralfcoder 7 · 0⤊ 0⤋
Yes... we bought all three tickets - California Lottery, Mega-Millions, and Powerball (California just joined that scam). Were we to win the Powerball - $600 Million ($400 million after taxes)... it would be unreal :P Seriously, if you took that as payments over 40 years... it would be $10 million a year... or $190,000 a week !!
2016-05-18 01:53:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋
when you find the exepected valuation over the risk formulation its like a thousanth of a penny so no lottery not good. buy stock and bonds instead.
2007-05-01 08:44:34 · answer #4 · answered by jim 3 · 0⤊ 0⤋
it could be...
I think it sucks that you can just about anything with credit cards but not lottery tickets!
2007-05-01 08:45:46 · answer #5 · answered by Dylanne 6 · 0⤊ 0⤋
No, but the odds are very close to most investments:(
2007-05-01 08:44:56 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Can't win, if you don't play. It's the only one, where a very small investment, could pay off very big.......
2007-05-01 08:49:37 · answer #7 · answered by P-Nut 7 · 0⤊ 0⤋
Better than my brother-in-law's financial advice... he took $5000 of ours and turned it into $2500. That was years ago, and I'm still not over it.
2007-05-01 08:45:48 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Nope!
2007-05-01 08:44:21 · answer #9 · answered by Ravii 3 · 0⤊ 0⤋
hahahaha yeah! for sure! you've got a one in a million shot. i'd say that's pretty sound and secure!
2007-05-01 08:44:17 · answer #10 · answered by Maria B 3 · 0⤊ 0⤋