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10 reasons not to play the lottery

Cheapism Logo By Andrew Lisa of Cheapism | Slide 1 of 11: The lure of the lottery is powerful. Just pony up a few bucks for a ticket while you're buying that coffee at the corner store and a few days later, all your dreams could come true. This line of thinking compels Americans to spend more money on lottery tickets than on books, movies, video games, sporting events, and music combined. In total, we drop more than $70 billion a year on the dream that comes with that little slip of paper inked with numbers. For virtually everyone who plays, however, that dream will never come true, and for the tiny minority that beat the odds, the dream often turns out to be a nightmare.

MONEY FOR NOTHING

The lure of the lottery is powerful. Just pony up a few bucks for a ticket while you're buying that coffee at the corner store and a few days later, all your dreams could come true. This line of thinking compels Americans to spend more money on lottery tickets than on books, movies, video games, sporting events, and music combined. In total, we drop more than $70 billion a year on the dream that comes with that little slip of paper inked with numbers. For virtually everyone who plays, however, that dream will never come true, and for the tiny minority that beat the odds, the dream often turns out to be a nightmare.
© Jodi Jacobson/istockphoto

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