Lottery, Gamblers & Investing

Lottery, Gamblers & Investing

 

In fiscal 2016, Americans spent $80.5 billion on lottery tickets. That’s partly because a ticket is a taste of hope: – wsj

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I pray that the God of our Lord Jesus Christ, the Father of glory, may give you a spirit of wisdom and revelation as you come to know him, so that, with the eyes of your heart enlightened, you may know what is the hope to which he has called you, what are the riches of his glorious inheritance among the saints, and what is the immeasurable greatness of his power for us who believe, according to the working of his great power.

God put this power to work in Christ when he raised him from the dead and seated him at his right hand in the heavenly places, Ephesians 1:17-20

Companies and governments have been exploiting that human quirk for centuries. -wsj

The biggest theft lotteries take from individuals is hope.

If if an individual’s hope of winning the lottery pays off, what next?

The hope from lottery temptations is at best short-lived and at the conclusion of life the soul will be found bankrupt.

Jesus is right in front of your eyes but you are dividing up the riches of His mercy for a paltry gain. Avert your eyes from the roll of the dice and look up into the eyes of Love.

The reason gambling is a sin is because it robs God of His love for you.

Governments all over the world are stealing from God in order to profit off your desire for hope.

Satan wasn’t bluffing when he offered Jesus all the governments through-out time during the temptation in the desert.2 Again, the devil took him to a very high mountain and showed him all the kingdoms of the world and their splendor. “All this I will give you,” he said, “if you will bow down and worship me.” Jesus said to him, “Away from me, Satan! For it is written: ‘Worship the Lord your God, and serve him only.’” Matthew 4:8-10

And they crucified him, and divided his clothes among them, casting lots to decide what each should take. It was nine o’clock in the morning when they crucified him. Mark 15:24-25

Reviewed Unto Righteousness
www.enumclaw.com | Proverbs 18:2 | Timothy Williams
Concept of Enumclaw.com

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Even as stock markets sank again, one person (or group) made a lot of money this past week: the yet-to-be-identified holder of the single ticket that won the Mega Millions lottery. The lucky winner or winners hit a jackpot worth $1.54 billion in estimated annuity value (or $878 million in cash).

Only days ago, the scramble to buy tickets was highlighting some basic aspects of human nature: Money isn’t only about wealth, and people don’t understand probability. What’s more, the feeling of control can lead any of us to take risks we wouldn’t otherwise run. Even if you didn’t buy a Mega Millions ticket and never would, observing other people’s lottery fever should teach you these investing lessons as little else can. -wsj

1Washington’s Lottery PO Box 43000 Olympia, WA 98504-3000

2“The data show that of the 2.3 million jackpot-games tickets (Lotto, Powerball, etc.) sold in Rainier Valley’s 98118 last year, just 4 percent — 90,000 — won anything. That ties for the unluckiest ZIP code in Washington for “draw” tickets, in which you try to pick the winning numbers, or let the computer “Quick Pick” them for you. And the adjacent ZIP code to the north, 98144, had the third-worst luck, with just 4.5 percent winning draw tickets. Statewide, an average of 9 percent of draw tickets win something.” – <https://www.seattletimes.com/seattle-news/data/these-are-the-luckiest-and-unluckiest-places-to-play-the-washington-lottery-data-show/?utm_source=marketingcloud&utm_medium=email&utm_campaign=Morning+Brief+10-31-18_10_31_2018&utm_term=Former%20Subscriber>