If you really consider it, you will discover an extraordinary range of life's situations which are inherently risky. Nearly everything someone does is some form of gambling. Even with such mundane act of getting up and had me going to work, increases one's chances of being killed in a transportation accident. In face of today and everything you know about investing, whether it is in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it's nothing but "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or perhaps not. There is only 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 any money market really is, legalized gambling, per se. You may look-at investing in terms of chart formation, or you put your money in the utilities anticipating once they are "due", you cash in or again maybe not; or you decide to possess any among 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's not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be more individuals, buying more stuff, utilizing more energy, determined by more gadgets-with hope that one can cash in; or maybe 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 in 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 many other countries, such as the United States. 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; though the lottery won't require any special skills-set to play.

As with any risk, there is always something at stake. Even if you decide to take the risk of starting a business, you stand to lose money, time as well as your reputation. The exact same things you stand to gain when you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets and also the prize is often a big sum of money. 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.