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What Are Your Chances When You Play The Lottery…

So many of us love to play the lottery… and even if it isn’t the lottery, we love to take our chances in life. Why is that?

The reason is that we want to prosper in life because there is the possibility that you could be ahead. It is the possibility that makes us take these chances…

Why is it that people still love to play in Vegas when psychologically we KNOW that the chances are NOT in our favor? Why is that we still take a chance in business ventures that we have no clue about?

It is simply because we have the possibility or a chance that we will be right, win, or be ahead. This possibility is what drives us to take these chances, but remember that the outcome is always 50/50 even though our “chances” might be lower. You may be right or you may be wrong.

However, If you have an advantage… such as an experienced poker player – then your chances may be higher and slightly in your favor – but the outcome is still the same… you could win or you could lose.

Personally, I prefer putting my bets on things that are in my favor. This attraction to instant success or instant gratification can be dangerous! Most of the time it is disappointing. Some people do hit wins once in a while, but I would much rather hit singles weekly, than hopefully hitting a home run one time. Why is that? It is because I love consistency and stability.

Do you play the lottery? maybe you get some scratch offs once in a while? what are your thoughts? Do you do it for fun? excitement? or the possibilities… let me know- I’m curious. :)

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DISCLAIMER:

On MyLittleNestEgg.com we try to provide accurate information on personal finance and investing, but it may not apply directly to your individual situation. We are not financial advisors and we recommend you consult with a financial professional before making any serious financial decisions.

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