How often do you buy a lottery ticket? Do you buy one on a regular basis or do you wait for a particular date? Perhaps you buy yourself one every year on your birthday, or on your lucky-number date.
According to Gallup News, approximately half of Americans have bought a state lotto ticket within the last year. The U.S. Census Bureau says that of those who buy tickets, they each spend an average of about $86 per month on lotto tickets. That includes everything from scratch-off tickets that come from vending machines to Powerball and Mega Millions entries.
If you don’t buy lotto tickets, perhaps you gamble in other ways (poker, anyone?). But that’s a poll for another day.
I figure sometimes it doesn’t hurt to pay a buck to dream of winning big. If I did, I’m sure I’d hear from ALL my relatives (Even ones I never knew I had!)
While your chance of winning big are very slim, your chances of winning are 100% better if you have a ticket than if you don’t.
Dang, Tommy. No wonder I never win!!! 😆 Have a great day. 😀 –Diane
Actually, your chances are infinitely higher with one ticket vs. none, but that’s still no guarantee. Zero is zero.
Of course, Dave. I certainly wasn’t hinting at any guarantee other than you have NO chance without a ticket. 😉
Note how Diane has never won, proving my point. Ha.
😆 –Diane
Since we live near the “Flora-Bama”, occasionally we’ll drop by in the afternoon, enjoy a few adult beverages, listen to live music and play some scratch offs. We’re easily entertained old folks. Hahahaha
We don’t Gamble period.
I put sometimes because backwards Alabama still does not have a lottery. Fortunately every state surrounding us does. I live in the center of Alabama so a quick drive to them is not feasible especially with current fuel prices. But when I travel lottery tickets are always on the agenda. ROLL TIDE!
My sister lives in Mobil so every week the go to Pensacola or Biloxi. I don’t think they even cover the gas
We live in New York State, and do not buy tickets. When in Florida for the winter months we buy some scratch offs and their take 5 lottery.
If the winning amount gets over $400 million I will risk the cost of a cup of Dunkin Donuts coffee on a ticket.
Scratch tickets, powerball, mega millions. Once a week.
Maybe when it gets to Bs, as in billions, maybe then.
Odds of winning don’t change no matter how many play
it depends on the format of the lottery but in most cases the odds of more than one person winning the jackpot thus making the prize much smaller do increase as more people play.
Another tax on stupidity. But, 54%said never and a recent one was won in North of a billion. Someone is lying.
I bought 1ticket years ago. Won $10. My daughter said she’d cash it for me. Never saw the $10. First and only ticket I ever bought.
I buy ONE each time I visit a state. I buy that states lottery game ticket, not the big ones. This equates to about 10 tickets a year.
Occasionally, I’ll buy the PB and MM draws, but lately I’m not doing anything. I’ve been reading up on frequent lotto winners, and they tend to win by playing scratchers.
I said “seldom.” The last time was 2001.
I have bought lottery tickets for years but only Powerball or Megamillions and then only if the cash option is over $200 million. I have noticed that over the past year that the cash option has dropped to around 54% of the “Jackpot” amount from around 63% a few years ago. This indicates that the return on investment expectations by the underwriters has dropped. That is a clear indicator of what is happening in the investment market.
Backward Alabama does not have a lottery. So, an estimated 700 Million $$ leave the State and goes to other States the surround Alabama for their pocketbooks.
A ticket occasionally.
When it gets close to billions.
Redneck retirement is not the way to double your money. Fold it over and stick it back in your pocket is the quickest way!