OK, I admit it. Sometimes I dream of being rich. It’s not that I’m unhappy with my life; heaven knows I’ve got more than a lot of people do. Sometimes, though, I wonder what it would be like to be fricking loaded. Not just well off, but blue-blood, spit in your face, bring-the-rolls-around-front-please-Jeeves rich. I wonder if the money would change me, or even if I would know what to do with it all. I wonder about the pitfalls and benefits that would come with having a bank account large enough to finance a small country for a year.
Sometimes, I wonder about it enough that I buy a lottery ticket. I don’t buy them very often; usually only when I get frustrated with too many bills and not enough paycheques, or when the jackpots get ridiculously huge. Ten million dollars could make pretty quick work of those nasty student loans of mine.
I don’t generally agree with gambling, and I’m sure that whatever I could say to try and justify the purchase would only be hollow rationalization, but sometimes I just don’t care. It’s not like I’m going to win or anything. For all intents and purposes, I might as well just flush a toonie down the toilet and be done with it. The average odds of winning a 6/49 jackpot are 13,000,000 to 1. I have read that your odds of winning the lottery only increase by one one hundred-thousandth of a percentile point if you actually buy a ticket. Yikes. For comparison’s sake, the odds of being struck by lightning are only 576,000 to 1. From a theoretical standpoint, we can then say that you have a better chance of being struck by lightning 22 times than you do of winning the lottery once. In looking up that statistic, I discovered a lot of other things that are much more likely to happen to you than a lottery windfall. Some of my favourites are:
Odds of fatally slipping in the bath or shower: 2,232 to 1
Odds of injury from fireworks: 19,556 to 1
Odds of being murdered: 18,000 to 1
Odds of getting away with murder: 2 to 1
Odds of dating a supermodel: 88,000 to 1
Odds of spotting a UFO today: 3,000,000 to 1
Chance of dying in a car accident: 1 in 18,585
Chance of dying in a plane crash: 1 in 354,319
Change of being killed by parts falling off a plane: 1 in 10,000,000
In fact, it seems far more likely that you will perish in any number of ways than that you will ever reap the winnings of a lottery jackpot. I was amazed at how low the odds of being killed are. I guess my only consolation is that I am relatively safe from having a meteorite fall on my house. The odds of that are 182,138,880,000,000 to 1. If you like to play the odds, the full list is available here.
I guess I prefer to look at the lottery ticket in another way. Basically, it is a two dollar license to dream. You buy the ticket, and for the next three days you are allowed to create elaborate scenarios in your head about what you would do if you won. Would you quit your job? Move? Travel? Where would you build your home? What kind of car would you buy? Would you give it away? How much of it, and to who? My wife and I have spent three hour-long car trips talking about all the things we would do if we won. I have imagined time and time again how nice it would be to be able to pay off all of our parents’ obligations and to give each of our brothers and sisters the down payment for their first home. We have discussed how we would set up trust funds for some of the people in our ward to help them out of difficult situations, and how we could actually donate to a lot of organizations that we would like to sponsor if we had the money. I have imagined buying my truck; a beautiful black-on-black 2006 Ford F-150 FX4, and surprising my wife one morning with a Jaguar XK with a big red bow on the hood.
Invariably, the day of the draw comes and I am forced to deal with the reality that I am still a poor working class stiff and that the only truck I will ever realistically own will be something that is ten years old and has a funny noise in the rear differential that I will never be able to figure out or fix. Sometimes, I don’t even bother checking the ticket because I don’t want the dream to end.
I guess if I’m honest with myself, I should just stop buying them altogether. It’s nothing more than a waste of time and money. The again, what does it really hurt? Is two dollars every few months too much to pay for a little harmless escapism? I suppose that for some people it could become a real problem. I remember my father telling me about some people in his office that would take half of their paycheque every month and put it towards lottery tickets. I worked with a guy named Sean who played every week, every draw, of both the 6/49 and the Super 7. He was religious about the numbers he played too, and spent almost an hour one day explaining to my uninterested ears how he had a plan to beat the odds and maximize his chances of winning. I always looked at it from a different angle. I never choose my numbers; I just get one quick-pick entry and always avoid the money-sucking bonus numbers that they try and throw on there like “the Plus” and “the Extra”. I figure that in a game that has chances as remote as the lottery, you’re only going to win if you’re really meant to win, and nothing you can do is going to influence the outcome one way or another. Who is to say which approach is the right one? To date, neither Sean or I have won.
I guess at the end of the day it comes down to a personal choice, and we all have to decide whether we are going to take the high road and just not play the game at all, or if maybe the dream is worth a silver coin after all. Maybe there are easier ways of getting rich. After all, your odds of becoming a professional athlete are 22,000 to 1, and the odds of dating a millionaire are a mere 215 to 1. Whatever your methods, I wish you luck in the pursuit….and remind you to remember where you got the advice from.