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I think parent's point, though, is that for many people the odds of becoming a millionaire starting a business are effectively zero. Their odds are actually gr
by tempestn 11y ago
I think parent's point, though, is that for many people the odds of becoming a millionaire starting a business are effectively zero. Their odds are actually greater with the lottery.
Also, starting a business is a lot of work, whereas buying a lottery ticket costs you maybe $2, so their expected ROI from the lottery is considerably higher.
Of course, that just means neither one is a good investment, but what you're really buying with a lottery ticket is the fun of imagining what you would do if you win, which isn't necessarily a bad deal for the price.