For Singaporeans, buying lottery tickets is a part of daily life, and they truly dedicate time and effort to queue up for them. Whether young or old, people stand in long lines to buy tickets, even waiting all night to do so.1. Have you reached the average amount that Singaporeans spend on lottery tickets?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.2. Why are Singaporeans so obsessed with the lottery?The odds of winning are high, and the prizes are also huge!On October 21, 2024, Sing

Data shows that last year, Singapore's gambling revenue reached 12.2 billion SGD, surpassing Las Vegas' 11.2 billion SGD, and only behind Macau, ranking second in the world!According to an earlier survey, 40% of Singapore's residents aged 18 and above said they would bet on at least one type of gambling activity. Human nature is hard to resist; sometimes, blindly trading stocks feels very much like gambling.1. Is betting on meme stocks a gamble?Some investors compare the recent surge in space stocks and quantum computing to the early days of Bitcoin.Ten years ago, Bitcoin was very cheap, but no one paid attention. The stock market always hypes up the most popular and expensive assets. However, the lack of interest was also because these were too new, and investors couldn't confirm their fu

Interesting perspective! Betting on meme stocks or emerging tech feels like walking a fine line between calculated risk and outright gambling. The allure of “the next Bitcoin” is strong, but history shows that only a handful succeed, while many lose money chasing hype. Personally, I prefer balancing my portfolio—reserving a small “high-risk, high-reward” allocation while sticking to steady investments for long-term growth. It’s all about knowing your risk appetite and financial goals. What about you? Do you dabble in such high-stakes opportunities?

I am currently vested in $Tiger Brokers(TIGR)$ and waiting patiently for a big rally [Cool] one may call my investment a gamble, but at least it is one that I made with logic. Better than leaving it all to luck and probability like buying lottery I guess [Cool]

Definitely no to buy lottery and gambling. What are the odds of winning big? Here to invest with the goal of generating some income/appreciation and not lose big.

have to start somewhere. small investments chasing a big returns⭐

Sure, we are all in bros

Buying a call option or a lottery ticket boils down to your understanding of probability versus randomness. A lottery ticket offers a tiny chance at life-changing wealth, but it’s pure luck.  A call option, on the other hand, represents an informed bet—you’re leveraging your analysis of market trends, company performance, and macroeconomic factors. The difference? Control and strategy. With a call, you decide on the strike price, expiration, and risk tolerance. You might not hit the jackpot overnight, but it rewards due diligence. Lottery tickets, however, are a dream—no research, no effort, just hope. Personally, I’d rather back my knowledge and data with a call option. Even if the market doesn’t play out as expected, every trade refines your skills for the next one! 

Why not buy both? 🤪 which is what I am doing. As they say, no buy no win.  However that being said, I bought more calls than the lottery. As I know that the chance of me winning the lottery is very slim and am ready to part ways with my $1 Toto quick pick.  Buy long dated calls!!!! $NVDA 20251219 120.0 CALL$ $GOOG 20250117 140.0 CALL$ $PLTR 20250117 45.0 CALL$ 

When it comes to Singaporeans' enthusiasm for the lottery, few countries can compete. According to the 2019 World Lottery Yearbook, Singaporeans top the world in lottery spending, with a whopping $5.41 billion (about SGD 7.1 billion) shelled out every year on lottery tickets. That’s around $935 per person, outpacing even Massachusetts in the United States, where spending is about $798 per capita. But, what if the lottery wasn’t the only game in town for Singaporeans who enjoy a thrill? Enter: options trading—specifically, call options. A call option, for those who might be new to the concept, gives an investor the right (but not the obligation) to buy a stock at a predetermined price within a specified period. This can be a lucrative way to bet on price movements. While you might think tha

Definitely buy Call! Lottery is one in a million chances to win only and you might not even get that chance to win big in your lifetime. If it doesn't strike, you lose that cash for good. Stock on the other hand, if you analyze well about the potential of the company and did your diligent research to buy a good stock, even if the stock does not increase at that moment of purchase, there will always be another chance for it to skyrocket. Just need to be patient and have the tenacity to hold your investment. At worst, if the stock is not doing well, you can still sell and take back without incurring 100% loss.

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

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

$ALB.HK 20241122 100.00 CALL$  It's me again! This is the latest lottery play that caught my attention, it's dropping badly in HangSeng now, however with conference call coming on 15th, I believe there would be news for bullish sentiment. IV looks ready to rip, and also pending singles day sales figure (if any). Looking to sell when share reaches $105. Good luck all!

The culture of lottery in Singapore is indeed interesting, but this comes back to ourselves. I prefer buying shares because it gives me control and offers consistent growth. Even though calling has almost as much risk, it's about understanding the market. This is very different from the lottery which only relies on luck.