[alfa6]

Historically money invested in the Stock Market has a 10% to 15% return over the long run. The secret is to not put all you money into one area and to hold a diversified portfolio. OH and have about thirty years to wait.

Money put into lottery tickets is lost for good.

Having said all that I too will by the occasional lottery ticket. I figure it's better than buying another bottle of soda pop and I might just get lucky, but I ain't holding my breath.

Happy New Year Regards

alfa6 ;>}

[mewzilla]

I'm not too worried. We didn't and don't have most of our money tied up in our 401k. That being said, at least the state's honest about a ticket buyer's chances of winning. Which is more than I can say for Wall Street.

[cake_crumb]

"I figure it's better than buying another bottle of soda pop and I might just get lucky, but I ain't holding my breath."

Good point. How many people buy a bottle of soda when the company runs a sweepstakes, in the hopes of winning at least a free bottle?

If people are too poor to buy lotto tickets, they shouldn't buy them. One of the best rules of thumb about gambling is : NEVER place a bet if you NEED the money. This advice comes from someone who rarely ever gambles, but wins more often than she loses.

The final proof of the complete socialist idiocy of this article is that rich people have more money to buy tickets. BELIEVE me, the rich are just as eager to play the lotto as any "poor" person. (how does the author define "poor, anyway?) I know several people who drop a couple of hundred bucks a week on it. Hey, they can afford it - so the argument that the lotto is somehow a "burden" on only the poor, as if the rich don't waste big bucks just like the poor is completely bogus.