this post was submitted on 02 Feb 2026
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jackpots in 2025 averaged 2.06 billion won ($1.41 million), which falls to 1.4 billion won once taxes are deducted.

That after-tax amount is below the average price of an apartment in Seoul, which was 1.5 billion won in December 2025, according to separate data compiled by KB Land, the property data tracker of KB Kookmin Bank.

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[–] tiredofsametab@fedia.io 1 points 1 day ago (2 children)

Ah but I have won... just not enough to do more than pay for about a year's worth of tickets. It's not an investment strategy; it's entertainment. If I ever get rich (and I don't expect to), nice bonus.

[–] sepiroth154@feddit.nl 1 points 1 day ago

That's how they get you!

[–] Honytawk@feddit.nl 1 points 1 day ago (1 children)

The chance of you playing your entire life and never winning a significant amount is much much much higher than you winning decently once.

Because those lottery businesses aren't going to give out more money than they make. Your chance of getting more out of it than you put in is none.

But you do win every time you don't play.

[–] tiredofsametab@fedia.io 1 points 1 day ago

People waste their money on all kinds of dumb shit. Posters, pictures, plastic toys that will just end up in some landfill, etc. This is mine and I almost certainly spend a lot less on it (again, $20-$25 a year in USD depending on the exchange rate). I almost never eat out. I have real investments. This is entertainment.

Edit: to clarify, dumb here means not necessary. Support art and artists, but don't by plastic stuff that's going to end up in a landfill