If you really consider it, there are an extraordinary number of life’s situations that can be inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and Going at Yummly 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 is nothing more than “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 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 when they are “due”, you cash in or again maybe not; or you decide to have 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 lots of individuals, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope that you may cash in; or perhaps not. You are basically “betting” on all of it.

So it really is, with the lottery-a type of gambling with origins in Florence, Italy, where the very first lottery was held in 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 several other countries, such as the United States Of America. The lottery, as a form of government-licensed gambling, involves drawing of lots for an assortment of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; but the lottery doesn’t require any special skills-set to play.

As with any risk, often there is something at stake. Even if you choose to take the risk of starting a business, you stand to lose money, time as well as your reputation. The same things you stand to gain when you take the opportunity 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 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.