Mobile Lotteries – a lottery you can play through your mobile phone.

There are all kinds of different of lotteries. Scratch-offs, Pick 4 (out of 10), and the huge jackpot lotteries where the show the smiling faces of the lucky winners all over TV. The lottery is not much different than what the mafia used to call the “numbers game”. Biggest difference being, the mafia’s version had much better odds than these legally run state versions.

In gambling circles the lottery is referred to as the “Idiot Tax”. In other words, you are just handing dollars over to your respective state. Sure, it’s fine to by a ticket every now and be able to dream about new found riches, but to spend more than a couple of bucks a week is foolish.

Let’s use America’s Powerball lottery as an example. Played in 30 states, Washington, D.C. and the Virgin Islands, all a person has to do is successfully pick the correct number (out of 59) five consecutive times. If that is done successfully, the person walks away with a yet to be taxed $200,000 — the odds of doing this? 1 in 5,138,133 or over 620,000 more that the total population of Ireland.

To win the Powerball’s grand prize (which varies) one has to match the aforementioned 5 out of 59 numbers plus the Powerball number, 1 of 39. Odds? 1 in 195,249,054 or 4.5 million more citizens in the world’s 5th largest country, Brazil.

Good luck with that!

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