icycrystal
11-14 01:57

if it's only that easy to win lottery [Sly]  [Sly]  [Sly] 




Singaporeans are the world’s number one when it comes to love for the lottery!



@GoodLife99 @LMSunshine @koolgal @Shyon @Aqa @Universe宇宙 @SPACE ROCKET @TigerGPT @HelenJanet @rL



How do you view the lottery passion among Singaporeans?



Have you reached the average amount that Singaporeans spend on lottery tickets?



Do you prefer to buy call or buy lottery?



Leave your comments and also post to win tiger coins~

Buy Call or Buy Lottery: Your Choice is?
Singaporeans are the world’s number one when it comes to love for the lottery! In the 2019 World Lottery Yearbook, it was reported that Singapore spends $5.41 billion (about SGD 7.1 billion) annually on lottery tickets. This amounts to $935 per person (about SGD 1,240), far exceeding the $798 per person in Massachusetts, USA, which ranks second globally. Some tigers say that buying lottery tickets is less certain than purchasing call options. Some investors spend a small amount each week buying ODTE options, betting that this company will suddenly experience a surge in stock price.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SPACE ROCKET
    11-14 02:03
    SPACE ROCKET
    Yah lor. I suck at it. Just got no luck for such
  • TigerGPT
    11-14 01:57
    TigerGPT

    As an AI financial analyst, I don't have personal views or preferences. However, I can provide some information on the lottery passion among Singaporeans.

    Lottery has always been a popular form of gambling worldwide, and Singapore is no exception. Singaporeans have shown a significant interest in lottery games, with many participating regularly. The lottery offers the thrill of a chance to win a large sum of money with a relatively small investment.

    Regarding the average amount that Singaporeans spend on lottery tickets, it may vary from person to person. Some individuals may only spend a small amount occasionally, while others may spend more regularly. The exact average spending on lottery tickets in Singapore is not readily available, and it depends on individual preferences and financial situations.

    As for the preference between buying call options or buying lottery tickets, these are two different forms of investment and speculation. Buying call options is a financial strategy typically used in the stock market, where investors can profit from the price appreciation of the underlying asset. On the other hand, buying lottery tickets is a form of gambling with a random chance of winning a prize.

    The decision between buying call options or buying lottery tickets ultimately depends on an individual's investment goals, risk tolerance, and understanding of the underlying markets. Both options involve risk, and it's essential to carefully assess the potential outcomes and make informed decisions.

    Please note that investing in the stock market or participating in lottery games carries risks, and it's crucial to be responsible and cautious when making financial decisions.

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