If you really consider it, there are actually an extraordinary range of life’s situations which are inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and going to work, increases one’s chances 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 will probably be better with pleasant expected returns on investment; or perhaps not. There is only one big risk you should avoid and that is the risk of doing nothing and not taking your chance.

Come to look-at it in face value, investing in almost any money market really is, legalized gambling, per se. You may look at investing when it comes to chart formation, or you put your money in the utilities anticipating when they are “due”, you cash in or again maybe not; or you choose to possess any among 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 more folks, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope which you can cash in; or perhaps not. You are basically “betting” on all of it.

So it really is, with the lottery (what is it worth)-a form of gambling with origins in Florence, Italy, where the first lottery was held within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian cities. It became a national lottery, and still known today as the Lotto in Italy, as also adopted and called in many other countries, such as the United States Of America. The lottery, as a form of government-licensed gambling, involves drawing of lots for a range of winnings and for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; although the lottery isn’t going to require any special skills-set to play.

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