If you really consider it, you'll find an extraordinary range of life's situations that are inherently risky. Nearly everything someone does is some type of gambling. Even with such mundane act of getting up and situs toto going to work, increases one's probability 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 really is nothing but "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or maybe not. There is just one big risk you should avoid and that's the risk of doing nothing and not taking your chance.

Come to look-at it in face value, investing within any money market really is, legalized gambling, per se. You can look-at investing in terms of chart formation, or you put your money within the utilities anticipating once they are "due", you cash in or again maybe not; or you choose to have any one of 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 lots of individuals, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope which you can cash in; or maybe not. You are basically "betting" on all of it.

So it is, with the lottery-a type 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 metropolitan areas. It became a national lottery, and still known today as the Lotto in Italy, as also adopted and called in several other countries, including the United States. The lottery, as a type of government-licensed gambling, involves drawing of lots for an assortment of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; although the lottery isn't going to require any special skills-set to play.

As with any risk, often there is something at stake. Even when you decide to take the risk of starting a business, you stand to lose money, time and also your reputation. The same things you stand to gain whenever you take the chance to start your own business. The lots you buy to play the lottery are today in the type of tickets as well as the prize is often a sizable sum of cash. The draws are random and every player has an equal chance of winning the key prize which often grows really big with massive roll over jackpots.