Maybe you all can agree that insurance and lottery are the same in that only a fraction of consumers come out ahead, and are opposites in terms of smart vs. stupid.
Only a fraction of the consumers come out ahead if we only consider monetary value. But the whole reason insurance and the lottery exist in the first place is that there are other kinds of value besides monetary value. In the case of insurance, it's peace of mind. In the case of the lottery, it's whatever entertainment value comes from being able to visualize yourself winning, even if your chances of actually doing so are tiny.