Gambling

[RandumKiwi]

The lottery is actually a pretty good way to throw your money away.

I have a different opinion on lotto. My opinion, is that if you're prepared to throw money away on lotto, then you could be prepared INSTEAD to put that money in to bonus bonds: http://bonusbonds.co.nz

What is bonus bonds? Essentially, every $1 you put in, is one chance in the prize draw. The prize draw has several offers:
1 prize of $1 MILLION
1 prize of $100,000
1 prize of $50,000
Multiple prizes of $5,000, $500, $100, $50 and $20.

Effectively, it's savings, but with no interest. You're gambling the interest you could've earned on that money, rather than gambling that actual money.