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The Lottery Logic

Every year millions of people play the lottery in hopes of getting rich. Some people play it on a weekly basis despite never having won a dime.  When the jackpot goes up the number of tickets purchased goes up.

I’m always kind of baffled by this. Even my dad will occasionally encourage me to play the lottery when the jackpot is bigger. We’re Indian and supposed to be good at math (I’m the exception to that rule). If the math behind the lottery logic teaches us anything, it’s that the odds of winning decrease dramatically when the jackpot gets bigger.

People flock in droves to Las Vegas every year in hopes of bringing down the house, an empire that was built on the financial losses and crazy wild eyed dreams of people who want to get rich quick.  They know that the odds are always in favor of the house.  But they play anyways.

To me it seems a thousand times more irrational than chasing dreams and dragging ass through the Skool of Life.  Yet when you start your journey down the second path, your sanity is questioned despite the fact that your odds of success are significantly higher with the latter. The second path takes time, effort, and the ability to stand on the edge of success with adversity as the catalyst.

If you’re going to gamble, why not bet on something with better odds? 

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