@SimonKlaver Like I said, lottery's pay off in the long run is less than 1, share market on the long run is greater than 1, property market in a city with net inflow is great than 1. In fact, in Sydney, it's 8% increase annually for the past 100 years on average.

Meaning, if you are intelligent and educated, you would know every dollar you put in lottery will net you expected return of less than 1 dollar

As a good investor, you need to ask yourself the question: I have x of money, where should I put it (given the amount of risk I am willing to take) will I get most expected return. And the answer will NEVER be lottery