Our Lottery Pool Has Outperformed... Absolutely Nothing 😂💸
For the last few drawings, I've been leading my Tau Epsilon Phi fraternity chapter's lottery pool.
Based on my highly scientific calculations, we've probably donated somewhere around $600 to the South Carolina Lottery between Powerball and Mega Millions.
You're welcome, South Carolina.
This weekend, we're running it back.
I've asked everyone who wants in to Zelle me $20. Why Zelle? Because Venmo, PayPal, and some of the other apps want a cut when you withdraw money.
Sorry... around here we believe in wasting our money on lottery tickets, not transaction fees.
For each person, I buy:
🎟️ 5 Powerball tickets
🎟️ 2 Mega Millions tickets
A diversified portfolio, if you will.
Now, about the last Powerball drawing...
Guess who didn't win?
Us.
Well... that's not entirely true.
We actually won $12!
Since there were about a dozen of us, I graciously offered to Zelle everyone $1.
That's right.
Invest $20.
Receive $1.
A 95% loss.
Wall Street should be calling any minute now to ask me to manage a hedge fund.
I've already started thinking of names:
Niel Capital Mismanagement
Diamond Hands, Empty Wallets
The Negative Returns Investment Group
Bros Before ROI
The Institute for Advanced Financial Regret
The beautiful thing about a lottery pool is that no matter how badly you lose, you get to laugh about it with friends.
And every drawing starts the same conversation:
"This is the one."
Statistically?
Probably not.
But hope has a funny way of costing exactly twenty bucks.
Good luck to everyone playing this weekend. If one of us actually wins, I promise not to become one of those people who says, "Money doesn't change you."
I'll be too busy deciding whether my beach house should have a lazy river.