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If you really consider it, you'll find a remarkable number of life's situations that will be inherently risky. Nearly everything a person does is some form of gambling. Even with such mundane act of getting up and going to work, increases one's probability of being killed in a transportation accident. In face of today and everything you know about investing, whether it be in business, an asset class (stocks, bonds, real estate, cash and commodities), or index fund, even in its most basic element, it is nothing more than "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or even not. There is just one big risk you should avoid and that is the risk of doing nothing and not taking your chance.

Come to look at it in face value, investing in almost any money market really is, legalized gambling, per se. You may look-at investing with regards to chart formation, or you put your hard earned money within the utilities anticipating once they are "due", you cash in or again maybe not; or you choose to have any one of the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real estate, cash and commodities-no matter what your reasoning for that, if that is not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be more people, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope you can cash in; or perhaps not. You are basically "betting" on all of it.

So it really is, with the lottery-a form of gambling with origins in Florence, Italy, where the first lottery was held within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian towns. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in lots of other countries, such as the United States Of America. The lottery, as a form of government-licensed gambling, involves drawing of lots for an assortment of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; however the lottery does not require any special skills-set to play.

As with any risk, there's always something at stake. Even when you decide to take the risk of starting a business, you stand to lose money, time and your reputation. The exact same things you stand to gain when you take the possibility to start your own business. The lots you buy to play the lottery (look here) are today within the type of tickets and the prize is often a sizable sum of cash. The draws are random and every player has an equal chance of winning the major prize which often grows really big with massive roll over jackpots.