The foundation of Princeton and Columbia Universities was financed by lotteriesJanuary 23, 2020
When talking about lottery we will find different approaches and depending on how we were raised we will have the conservative one: “Lottery is for losers” or the affirmative one: “Who plays the Lottery deserves to win”.
Both may have the truth on their side, but there are some facts that I would like to share with you on this short research about Life and Lottery, starting on these to principles: the negative and the positive.
The first recorded signs of a lottery are keno slips from the Chinese Han Dynasty between 205 and 187 BC. These lotteries are believed to have helped to finance major government projects like the Great Wall of China. From the Chinese “The Book of Songs” (2nd millennium BC.) comes a reference to a game of chance as “the drawing of wood”, which in context appears to describe the drawing of lots. Lotteries in colonial America played a significant part in the financing of both private and public ventures.
You are not going to win the lottery. Sure, somebody might cash in that $640 million Mega Millions golden ticket, but odds are, every single reader of this story will come away disappointed. The odds of winning the jackpot are about one in 175 million. Talk about a low probability event!.
“The odds are crazy if you think about it,” said Romel Mostafa, a professor at the Ivey School of Business. “Especially the mega lotteries. It’s just nuts.” (Mega Millions latest – CNN)
The Global Lottery Market was valued at US$ 1,788.1 Mn in 2018 and is projected to increase significantly at a CAGR of 4.6% from 2019 to 2028, this is your money and mine, and there are bunch of actors around seeking to have part of that cake, so the Bank will try to have it and so will the religions proposing you to better donate it to their US Free Tax Industry, using the best of their bible repertory, like this:
*To win many more people have to lose. Even if I win, somebody loses. I’d rather be involved in a win-win situation.
*The lottery denies the realty of God’s sovereignty by promoting and affirming the existence of luck or chance.
*It violates the Golden Rule. (Do unto others as you would have others do unto you – Matthew 7:12)
*It appeals to my lowest motivations – greed, materialism, and selfishness.
*It violates a good work ethic. The lottery promotes getting money for doing no work.
“There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you’re never going to win big in a mutual fund.”
Available at: juanrodulfo.com
Juan Ramon Rodulfo Moya, Defined by Nature: Planet Earth Habitant, Human, Son of Eladio Rodulfo & Briceida Moya, Brother of Gabriela, Gustavo & Katiuska, Father of Gabriel & Sofia; Defined by the Society as: Venezuelan Citizen (Human Rights Limited by default), Friend of many, Enemy of few, Neighbor, Student/Teacher/Student, Worker/Supervisor/Manager/Leader/Worker, Husband of Katty/ Ex-Husband of K/Husband of Yohana; Defined by the Gig Economy: Independent Contractor 1099 Form; Studies in classroom: Master Degree in Human Resources Management, Adult Continuing Education, English, Chinese Mandarin; Studies at the real world: Human Behavior; Studies at home: Webmaster SEO, Graphic Web Apps Design, Internet & Social Media Marketing, Video Production, YouTube Branding, Trading, Import-Exports, Affiliate Marketing, Cooking, Laundry, Home Cleaning; Work experience: Public-Private-Entrepreneur Sectors; Other Definitions: Bitcoin Evangelist, Human Rights Peace and Love Advocate; Author of: Asylum Seekers; Why Maslow?: How to use his Theory to Stay in Power Forever; Manual for Gorillas: 9 Rules to be the “Fer-pect” Dictator; Why you Must Play the Lottery and Para Español Presione #2: Speaking Spanish in Times of Xenophobia.
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