I had an argument with my boss about this. He is a business owner and pretty successful one, and he calls the lottery a poverty tax, or a stupidity tax. If it were a game you play in Vegas, then he’d be right.

It’s my opinion that just buying one ticket, for say $2, essentially is a trivial and inconsequential amount of money that exposes you to incredible upside. Imagine if the ticket only cost a penny. At that point it’s practically free, but free exposure to life changing wealth. I don’t know if that counts as zero to 1 according to Peter Thiel, but it’s basically zero to something, for essentially nothing