Pros and cons of having a lottery

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Pros and cons of having a lottery

Lottery is not a good idea since it has a lot of negative factors that are included along with this idea. Negative factors such as lottery wastes your money, it builds the habit of being greedy and also can harm your life in the long term.

Lottery is a game where a person out of millions is randomly picked and if found lucky wins the money. In other words it is just a game which has luck by chance.

Pros and cons of having a lottery

However, people can win lots of money from lottery which can be beneficial for them to fulfil their needs. Needs such as buying clothes, food and things which are used in the day-to-day life. Despite all these things, lottery still wastes your money because the idea of winning a big amount or even a small amount gets you obsessed with playing lottery again.

Therefore, you end up being poor with wasting all the money you have got by playing. The name addiction has a big role that plays in the idea of putting bets in lotteries or even playing a lottery.

A person begins with playing ones to see their luck and if that luck works they want to play again to win more money. This idea gets them addictive to place higher bets on lotteries and spend more money. People once they get very greedy, they try to attack and harm other innocent people and take the money away.

As found by research, people who play lotteries are generally the people who have less educations and have less income. Many families also go hungry because all their wages get spent on lottery tickets.

This is due to one tries to prioritize their bets over their family and their needs. This also results in loss of control over managing money for the future. On the other hand, most people do think that this addiction has a positive effect. This is because the money spent on lottery brings money into the state, and also schools.

Also, state run lotteries provide funding which includes everything from education to health care.

2009 Redistricting Commissions Table Lottery players usually risk vast sums of cash against long odds in the hopes of winning a sizeable price, while the proceeds help improve public infrastructure.
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Therefore, research says that people who really love to gamble, might as well have their money spent in the areas they live in to create benefits for their surroundings and themselves. Playing lottery also results in a loss of life. There should be a balance and the ability to know how to keep a balance.

Mainly when the topic is related to money one should be very careful and know their limits. This then results in the mind to over stress and worry how to manage day-to-day expenses which can then lead to pressure. Further to that, the person starts to worry more, get impatient and not think right therefore resulting in losing their life.

Despite this fact, there is still a chance to use money in a wise way. That is, if someone is really in the need of money which can help them or their loved one to live, such as the need of medicine. The need of medicine is important because one will not fall sick by having it.

Lottery has more harmful effects than good effects on family, individuals and the country. Getting involved in lotteries brings a lot of disadvantages because the probability of losing is always higher than the probability of winning.

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But expensive, impersonal, and you don’t own. I’m not sure if winning the lottery would have more pros or cons to it. I’ve heard a lot of lottery horror stories from people who were divorced, robbed, killed or just plain ended up miserable because of the money.