Here in Canada, we have provincial lotteries, and national lotteries. Our lottery winners get their money tax-free. If you win $1 million, you get $1 million. It’s a great thing about Canada, if you happen to be lucky enough to actually win the lottery!
But, is it worth the money for the off-chance you win? Our national lottery is $5 a ticket, and our provincial lottery is $3. There are 2 draws a week for each of them, and a lot of people buy multiple tickets for each draw every week. Some spend $100s on the off-chance to win the lottery.
A lot of people buy tickets even when they can’t afford it. I was one of those for a long time. I still buy an occasional ticket here or there but I have made myself stop buying them as frequently as I use to. I have so many things I want to do in my life and wasting even $10 a week on tickets could go to my savings.
If the jackpot is quite high, there are so many people who buy tickets that it’s harder to win. My odds for winning are better if I buy tickets for the lower jackpots. At least that’s how I think!
Where you live, do you have lotteries? And do you buy tickets regularly?