Lottery is Good or Bad

Today, I met my one of old friend after 14 years. We did 10+2 (commerce) together in 1998. I was happy to see one of my old friend. We discussed and shared different things. I asked his work. I found that he is doing Lottery Business. Now, I felt very sad to see my friend in wrong company. I made him to understand that Lottery is so bad and you are wasting my society's time and money in this. Now, debate was started between me and him. Following is its story and you can get idea which is good and which is bad.

1. My Friend : Lottery is Good because it makes rich to society. With this, we are doing social work through this business. Who can see just Rs. 500 Note all time in pocket. We give chance to make it Rs. 5 Crore. So, you can not say our business bad.

2. Mr. Vinod ( Means I as your author) : Lottery is so bad because it never makes rich to society. Dear friend I and you did 10+2 commerce together. You also know accounting and simple math. If there are 10 numbers and 1 number has chance as win number. Its probability will be just 10% not 50%. Not just uneducated but educated go to gambling due to greed. But this greed is very harmful for society also. Suppose, a person earn Rs. 200. He wants to earn Rs. 200,000. Due to this, he lost his Rs. 200 in lottery. His family does not eat food in that day. His children do not go to school. He becomes poor. So, I am against this evil. It is my advice to stop this business. You should start tuition business. Even you are 10+2, you can easily teach upto 5 class. You can earn sufficient amount by providing tuitions upto 5 class. Teaching is noble profession. Your taught students will become engineers, doctors and judges. They will promote our nation.

Moreover, I can see Rs. 500 only in my pocket because all these Rs. 500 is from my hard work. I do not waste it in lottery. Earning of Lottery is for me as Forbidden earning.

Now, I tell the story of a person to whom, I know personally. He was very good person. One day, some person gave him the taste of lottery. This lottery was of Rs. 100. Win price was Rs. 1 Crore. His lottery did not gain any prize. It means, it was his lose of money. He felt very sad because this was his hard earned money. He wanted to get back his Rs. 100. He bought the lottery of Rs. 10,000. But there was not any prize in these lotteries. Now, his loss was Rs. 10,100. He was again sad. Now, he buys the lottery of Rs. 1,00,000. But there was nothing return in these lotteries. Now, he started to sell his all things, he becomes beggar. Now, he demand Rs. 1 by going door to door and again he buys lottery with this money. You can imagine the end story of the person who gets the taste of lottery. So, it is my personal request, never buy lottery and never do lottery business.

COMMENTS

Comments on this Website
.
Share above Content to Your Friends



Name

access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting interest international Internet Introduction of Tally 9 inventory investment invoice IT Japan Job costing journal entries Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting otcei pakistan parents pay pal pdf pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching wikipedia working capital youtube
false
ltr
item
Accounting Education: Lottery is Good or Bad
Lottery is Good or Bad
Accounting Education
http://www.svtuition.org/2012/02/lottery-is-good-or-bad.html
http://www.svtuition.org/
http://www.svtuition.org/
http://www.svtuition.org/2012/02/lottery-is-good-or-bad.html
true
2410664366776677676
UTF-8
Not found any lecture VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at vinod@svtuition.org for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock