It depends. I and seven friends each pay $26 a year to play PowerBall together. We are in every game. If we ever win anything it gets split 8 ways. We send out announcements to the group periodically that say things like "Fund improves tracking of target benchmark" (the target benchmark is the loss of all capital). We feel we get $26 apiece of entertainment value out of this.
People who spend a fortune on lottery tickets they can ill afford, or who think they have a system or something, or worse yet try to sell such a system to other people? Yeah, that bothers me.
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