If you really consider it, you will find a remarkable number of life’s situations that will be inherently risky. Nearly everything a person 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 really is nothing but “betting” that someday tomorrow is going to be better with pleasant expected returns on investment; or possibly 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 within 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 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 more individuals, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope you could cash in; or maybe not. You are basically “betting” on all of it.

So it’s, 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 online 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 a wide selection of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; though the lottery will not require any special skills-set to play.

As with any risk, there’s always something at stake. Even if you elect to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today in the type of tickets and the prize is usually a big 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.