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I agree with your sentiment. I've read enough about how winning usually makes people miserable/ tears their family and friendships apart etc. Never bought a lottery ticket and never plan to. Primarily because the odds are so stupid. Secondarily because winning is still losing.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 
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Smart. Net ($300k). That's the way to do it. It's the same logic when people go shopping because their credit card limit was raised.

It always surprises me how many people don't ever consider investing as an option. If you don't know anything about finance, stick it in some ETF that pays dividends or buy some real estate and hire a property management company. Live off the dividends/ rental income and have the money grow over time. If by chance they do know finance.. use that as a springboard for even further success. I always find it weird that it doesn't seem widely utilized to gift people cash flow. Its not some novel unique idea. Just buy a duplex or fourplex, own it and rent it out, cash flow after debt service & reserves is gifted to family/ charity while the equity is yours to keep like an illiquid savings account.

Edit: I am partial to real estate in my example because thats the industry I want to be in/ have some experience in.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

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