Thursday, April 10, 2008

The Lottery

Here is a recent conversation I had with somebody about the lottery. Let's arbitrarily call this person "Patti".

Patti: I won $7 on the lottery! If only I could build on this!

Brian: If you put that $7 in a good fund with 10% returns for 25 years, it will be worth $85!

Patti: Nah, I think I'll buy more lottery tix with it.

"Lottery games should not be played for investment purposes."
-- Gotta love this Oregon lottery billboard.