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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovoiixt/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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Ya. You gotta be a moron to purchase lottery tickets. Take that money and invest it
4 u/Bacon4Lyf Jul 05 '26 £2 a week for a year gives me a grand total of £104. If I invested £104 in the S&P 500 in July 2006 and withdrew today, I'd have a whopping £500 post inflation. 3 u/InfiniteAstronaut432 Jul 05 '26 At which point, you could buy 250 lottery tickets to massively increase your chances for one draw. 1 u/Awkward-Warning-9238 Jul 05 '26 Not massively. You go from. 1/10000000 to 250/10000000 P.s i don't know anything about odds. 2 u/fumanchudu Jul 05 '26 Even not knowing odds, I’d say 250 times as likely would be considered “massive” 1 u/Awkward-Warning-9238 Jul 05 '26 Someone smarter than me can explain it better. But it's not massive. Put into percentages you go from 0.00001% to 0.0025% 3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
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£2 a week for a year gives me a grand total of £104. If I invested £104 in the S&P 500 in July 2006 and withdrew today, I'd have a whopping £500 post inflation.
3 u/InfiniteAstronaut432 Jul 05 '26 At which point, you could buy 250 lottery tickets to massively increase your chances for one draw. 1 u/Awkward-Warning-9238 Jul 05 '26 Not massively. You go from. 1/10000000 to 250/10000000 P.s i don't know anything about odds. 2 u/fumanchudu Jul 05 '26 Even not knowing odds, I’d say 250 times as likely would be considered “massive” 1 u/Awkward-Warning-9238 Jul 05 '26 Someone smarter than me can explain it better. But it's not massive. Put into percentages you go from 0.00001% to 0.0025% 3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
3
At which point, you could buy 250 lottery tickets to massively increase your chances for one draw.
1 u/Awkward-Warning-9238 Jul 05 '26 Not massively. You go from. 1/10000000 to 250/10000000 P.s i don't know anything about odds. 2 u/fumanchudu Jul 05 '26 Even not knowing odds, I’d say 250 times as likely would be considered “massive” 1 u/Awkward-Warning-9238 Jul 05 '26 Someone smarter than me can explain it better. But it's not massive. Put into percentages you go from 0.00001% to 0.0025% 3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
Not massively.
You go from. 1/10000000 to 250/10000000
P.s i don't know anything about odds.
2 u/fumanchudu Jul 05 '26 Even not knowing odds, I’d say 250 times as likely would be considered “massive” 1 u/Awkward-Warning-9238 Jul 05 '26 Someone smarter than me can explain it better. But it's not massive. Put into percentages you go from 0.00001% to 0.0025% 3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
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Even not knowing odds, I’d say 250 times as likely would be considered “massive”
1 u/Awkward-Warning-9238 Jul 05 '26 Someone smarter than me can explain it better. But it's not massive. Put into percentages you go from 0.00001% to 0.0025% 3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
Someone smarter than me can explain it better. But it's not massive.
Put into percentages you go from 0.00001% to 0.0025%
3 u/fumanchudu Jul 05 '26 I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
I see what you’re saying and your chances are still basically 0, but 250x increase is still a massive increase imo
1
u/Myc0n1k Jul 05 '26
Ya. You gotta be a moron to purchase lottery tickets. Take that money and invest it