Is the lotto worth it?

United States
December 28, 2006 5:07pm CST
You pay a dallar, and you get 5 numbers, take a chance, and if you win!!! You get 40% of your earns to state and federal taxes under the gift tax act. Is it worth it?
3 responses
@shirgie (231)
• United States
28 Dec 06
If you win you still have 60% which is worthwhile. However, the vast majority of folks will be losers. I don't play the lottery myself. The worst thing about winning in my opinion is all of the sudden having so many extra friends and relatives. I have an Uncle who is related to a million dollar lottery winner. They had to move away to avoid all the money grubbers that came out of the woodwork.
• United States
28 Dec 06
I hear you on that, its alway when someone gets money people come out of the wood work.
• United States
3 Feb 12
If it is a once in a while thing I say it's worth it. For example: my uncle buys all of his family members lottery tickets for Christmas. It's a cheap gift for him, and it is fun for us. However, you have to be careful to not get addicted to them, because many people do.
@doniker (493)
• United States
28 Dec 06
Its worth it if you win. We have to do that first. Any big winners out there?