in reply to Re: Re: Lottery combinations golf
in thread Lottery combinations golf

Of course with a basic understanding of saving and investment, virtually any competent educated person in an affluent country can readily save over a million dollars in a lifetime. Of the benefits reported by those who have done so, the single biggest one is the ease of mind that comes from knowing that no short-term crisis is likely to be beyond your means.

Conversely the average lottery winner winds up a short time later with the winnings being only a fading memory. And most people live with a justified fear of uncontrollable financial crises due to uncontrollable outside circumstances.

But the potential lottery winner certainly gets more excitement than the plodding but fairly certain path to (modest) riches. Most people seem to find that worthwhile. At least that is how they behave.

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Re: Re: Re: Re: Lottery combinations golf
by Cody Pendant (Prior) on Oct 13, 2003 at 03:51 UTC
    Do I really need to say that I lead a quiet, industrious life, am buying property, investing, have insurance and so on, but I also play the lottery? It seems like you all think I must be some kind of vagrant or otherwise lead a completely dissolute life simply because I play the lottery.

    I used to live, through an accident of fate, in a part of town that was just packed to the gills with millionaires. The average home would have been the other side of two million -- but believe me, those people did their lottery entries every week just the same as the poor people.



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      I was making no accusation about you. Just commenting on generalities about people who save money, and those who play lotteries.

      Oh. And I also intended that to be my way of pointing out that my odds of "winning" a million dollars are rather good, lottery or no lottery.

        OK, no offence meant, none taken.

        And real estate being what it is, yes, simply by paying off my mortgage I will eventually have a million dollars, I guess.

        But if I win a million tonight at 8.30, that's nice too.



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