tag:blogger.com,1999:blog-13259011.post7596496081250149813..comments2008-04-27T19:12:31.696-07:00Chief Family Officerhttp://www.blogger.com/profile/02320154821990804327cfoblog@gmail.comBlogger4125tag:blogger.com,1999:blog-13259011.post-35373478613956812122008-04-27T19:12:31.696-07:002008-04-27T19:12:31.696-07:00I've always told people they should be buying deep out of the money options instead of lottery tickets. The concept is the same -- a low probability of a potentially huge payoff from a small investment. The advantage is, you actually get a fair return on your investment if you do it long enough, as opposed to lottery tickets which have an expectation value which is less than what you pay for them. Plus it's more fun. You get to pick the stock, strike, expiry, etc., which is all more scientific than picking lottery numbers.adfgvxhttp://margincall.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-13259011.post-83081856666597839082008-04-14T19:50:38.881-07:002008-04-14T19:50:38.881-07:00I'm in Canada so I like to check out the frugalshopper.ca. It's a frugal living message board with everything from coupons, sales, sweepstakes and freebies. I used to contest a lot more than I do now and won some decent prizes. As for the lottery we will pool money with others to buy tickets for the larger jackpots, just for kicks.Shanhttp://www.blogger.com/profile/05032883451591260574noreply@blogger.comtag:blogger.com,1999:blog-13259011.post-36002929982974833572008-04-14T19:05:53.857-07:002008-04-14T19:05:53.857-07:00I think it sort of depends. If you like the thrill of winning a few dollars, this would work. If you are really hoping to win ten million dollars, lottery is still the way to go. (Of course, mathematically, the odds are hella against you.)Kelvinhttp://www.puppetkaos.comnoreply@blogger.comtag:blogger.com,1999:blog-13259011.post-5264159401832380612008-04-14T07:30:20.340-07:002008-04-14T07:30:20.340-07:00I think I'll stick with buying a lottery ticket since it doesn't require me to give out my name, address, phone number, future children's names and the weight of my nonexistent pet dog (unless I win of course).Clever Dudehttp://www.cleverdude.com/noreply@blogger.com