If you really think about it, you will discover an amazing range of life's situations which are inherently risky. Nearly everything someone does is some form of gambling. Even with such mundane act of getting up and going to work, increases one's prospects of being killed in a transportation accident. In face of today and everything you know about investing, be it in business, an asset class (stocks, bonds, real estate, cash and commodities), or index fund, even in its most basic element, it's nothing but "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or perhaps not. There is just one big risk you should avoid and that's the risk of doing nothing and not taking your chance.





Come to look-at it in face value, investing in any money market really is, legalized gambling, per se. You can look at investing in terms of chart formation, or you put your money within the utilities anticipating once they are "due", you cash in or again maybe not; or you choose to possess any one of the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real estate, cash and commodities-no matter what your reasoning for that, if that is not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of folks, buying more stuff, utilizing more energy, reliant on more gadgets-with hope you could cash in; or possibly not. You are basically "betting" on all of it.





So it really is, with the lottery-a form of gambling with origins in Florence, Italy, where the first lottery was held in the 16th Century, then called the trusted lotto dealers de Firenze, and quickly adopted by other Italian towns. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in several other countries, including the USA. The lottery, as a type of government-licensed gambling, involves drawing of lots for a wide selection of winnings and for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; but the lottery isn't going to require any special skills-set to play.





As with any risk, there's always something at stake. Even when you opt to take the risk of starting a business, you stand to lose money, time and also your reputation. The exact same things you stand to gain whenever you take the possibility to start your own business. The lots you buy to play the lottery are today within the form of tickets and the prize is often a big sum of money. The draws are random and every player has an equal chance of winning the key prize which often grows really big with massive roll over jackpots.