Why you must Play the Lottery

By: Juan Rodulfo

Narrated by: Virtual Voice

When talking about lottery we will find different approaches and depending on how we were raised we will have the conservative one: “Lottery is for losers” or the affirmative one: “Who plays the Lottery deserves to win”. Both may have the truth on their side, but there are some facts that I would like to share with you on this short research about Life and Lottery, starting on these to principles: the negative and the positive. The Global Lottery Market was valued at US$ 1,788.1 Mn in 2018 and is projected to increase significantly at a CAGR (Compound Annual Growth Rate) of 4.6% from 2019 to 2028, being the first recorded signs of a lottery the keno slips from the Chinese Han Dynasty between 205 and 187 BC. These lotteries are believed to have helped to finance major government projects like the Great Wall of China. Lotteries in colonial America played a significant part in the financing of both private and public ventures. It has been recorded that more than 200 lotteries were sanctioned between 1744 and 1776, and played a major role in financing roads, libraries, churches, colleges, canals, bridges, etc. In the 1740s, the foundation of Princeton and Columbia Universities was financed by lotteries, as was the University of Pennsylvania by the Academy Lottery in 1755. Benjamin Franklin organized a lottery to raise money to purchase cannon for the defense of Philadelphia. As Louise L. Hay said once: "Life is a lottery that we’ve already won", and nowadays we are all impacted in one way or another by random decisions made on Lottery Based models like: US Visa Lottery, College Admissions, Schools, Apartments, Nursing Programs and more.