Is playing LOTTO ticket answer to poverty?

money - money is beter used elsewhere
Philippines
November 17, 2007 8:16am CST
There are some families struggling to make both ends meet. Playing Lotto thinking that winning is the solution to hardships. This kind of game is a waste of money. This is a form of gambling. You bet small amount of money in the hopes that you will win a big amount. And like most forms of gambling, you have to be careful because it might become addicting and your chance of winning are almost nil. Yes, you might get lucky ( baka makatsamba)but what are the chances? Almost none (halos wala). This is true specially those who are betting larger amount. Those who doesn't buy just one ticket at a time (hindi paisa-isa bumili). And if these funds are much needed for a family, the family should stop or at the very least cut back significantly. If that family will not stop completely,that money spent on gambling is wasted. Maybe compromise to play at least once a week then reduce to once a month, then once every two months. Do this until they can find a level that is more comfortable for their income or quit completely. It's like quitting in smoking cigarettes. In most cases, playing the Lotto is acceptable if it is done in moderation. Just not too much. Spending all your money is not the key to become rich. The money is better used elsewhere. Look at it from an investment point of view and ask yourself, "Is this a good place to invest my money?" Without a doubt, the answer will be a resounding "no."So you make sure that you play responsibly.
1 person likes this
5 responses
@ayou82 (3460)
• Philippines
18 Nov 07
there are so many people who thinks buying a lottery can save them to poverty but if you look deeper in that situation ..they are just pushing thereselves into the pit because they keep on buying and they cant predict whats the lucky number. Lotto is by chances..if you dont buy it you will never win.
• Philippines
18 Nov 07
You know ayou82 these people are the hopeless once. They are playing to earn not for relaxation. Chances are they when they are in badluck bottomline they steal, kill, sell belongings worst come to worst.
@jennybianca (12918)
• Australia
18 Nov 07
Playing LOTTO or any other form of gambling is not the answer to poverty. I would say that 90% of the time, trying any kind of lotto is going to make you poorer, not richer. Lotto, Pokies, etc very often lead to addiction. In Australia, we have a lot of pokies addicted people. There is a clinic for people with this type of addiction. Sometimes they ruin their families lifestyle.
• Philippines
18 Nov 07
hi Jenny, you mean there is a rehabilitation center for people addicted to gambling? Is it in Australia? How nice your government. I salute. Even here in my country best actors and actresses went poor, become beggars now lost their belongings, properties, cars and all that even their family broken cause of gambling.
@goodsign (2287)
• Malaysia
17 Nov 07
Hi cornchips50, Any indefinite investment not a "too much" if we only at 5 percent (5%) from our monthly fixed income. Because it just like a 'contingency' quota from our monthly cashflow. My husband told me that way. But the limit is 5 percent only. HAPPY DAPPY.
• Philippines
18 Nov 07
Really a goodsign if you have a discipline in playing that you will follow what you have in mind that only 5% of your quota in your cashflow will be wasted if you lost in gambling. Goodluck if you win. You are correct there should be limits in gambling. Thanks for reply
@shakeroo (3991)
• Malaysia
17 Nov 07
Lotto is definitely not the answer as you would not know whether you would win or not and if you don't then you would lose your money. You will end up from bad to worse.
• Philippines
18 Nov 07
True my dear shakeero! A lot of broken families nowadays and one of the reason is gambling. A lot wasted not only time, money even life. Thanks for reply
• United Arab Emirates
18 Nov 07
Big No. I think they are wasting their money in lotto's. Lotto is merely based on luck. So, there is a good chance of losing the valuable money.