..Or to fill a barrel with dollar bills and toss in a match.
But it would not have the chance-in-a-million of riches.
Unless maybe it set the house on fire, and there was a profitable insurance policy on it.
Plus you would miss the chance of telling your neighbors all about your winnings, while neglecting to mention the losses, or, in an actual case near me, explain why a $50,000 line of credit has remained at $50,000 for twenty years, despite all the "Winnings".
But, as the previous responder said, it's their money...I suppose we all have activities that seem silly to other people.
As long as it does not become my/our problem, fine.
But it often does,
Imagine if you were a CA state worker, forced to pay union dues (you don't have a choice) and then you find out someone at the union stole a million dollars from the political action fund so they could gamble (flush it down the toilet)! If this weren't so tragic, it would be funny! LOL (sort of)!