If you really think about it, you will discover an extraordinary range of life’s situations which are inherently risky. Nearly everything a person does is some form of gambling. Even with such a good point 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, whether it be in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it is 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’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 when it comes to chart formation, or you put your money in the utilities anticipating once they are “due”, you cash in or again maybe not; or you decide 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 individuals, buying more stuff, utilizing more energy, reliant on more gadgets-with hope you could cash in; or perhaps 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 within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian towns. It became a national lottery, and still known today as the Lotto in Italy, as also adopted and called in lots of other countries, such as the USA. The lottery, as a type of government-licensed gambling, involves drawing of lots for an assortment of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; although the lottery won’t require any special skills-set to play.

As with any risk, there is always something at stake. Even when you opt to take the risk of starting a business, you stand to lose money, time as well as your reputation. The exact 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 in the type of tickets and also the prize is usually a big sum of cash. 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.