Three reasons you shouldn’t buy lottery ticketsSeptember 20, 2019
- Your money will almost always go further somewhere else.
- The odds are against you — way, way against you.
- Lotteries are more likely to pull money from low-income people.
When you dissect these three reasons from a Banker, you may find some making money interest behind them, for example: Your money will almost always go further somewhere else…, what does Bankers really do with our money once cross their doors into their accounts? Only they know! The odds are against you — way, way against you. Jajajaja, of course that the Bank will set the odds to benefit you! And Lotteries are more likely to pull money from low-income people. Yeah!, the Banks never, ever take advantage of we the “poor”, I rather prefer to use the term: people with low amounts of cash/money, there is not such a poor people.
Remember this: 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 Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.