- cross-posted to:
- globalnews@lemmy.zip
- cross-posted to:
- globalnews@lemmy.zip
jackpots in 2025 averaged 2.06 billion won ($1.41 million), which falls to 1.4 billion won once taxes are deducted.
That after-tax amount is below the average price of an apartment in Seoul, which was 1.5 billion won in December 2025, according to separate data compiled by KB Land, the property data tracker of KB Kookmin Bank.
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TFW regular lottery money isn’t enough for an average apartment in Seoul, let alone living expenses and upkeep costs.
TFW people realize Squid Game and Parasite are social commentary and not just fun meme shows
Is it The Fuck What? I have no clue. I’m old enough to remember that ROFL was a thing, gramps ain’t keeping up.
That Feeling When
When someone doesn’t know an initialism?
the face when
no wonder they have the lowest fertility
Exactly, and my country now has some of the largest populations of expat Koreans, because to them it’s cheaper living here and they get to learn English faster.
Buying lottery tickets to get a house… Maybe this man should get a financial advisor.
Yes, because it’s totally normal for apartments to cost over $1 million/1.5b won.
That is not what I said? Lottery tickets are just throwing money in a fire… Which is counterproductive when saving up for a 1,5 billion home.
I think saving up 1,5 billion with a normal job is not… realistic. At that point winning the lottery is the more realistic chance, as crazy as it sounds.
Yeah but at least you end up with more money to live somewhere affordable…
And where do you plan to live while you amass this money…?
A rental property?
Nothing like the perspective of getting milked forever… building someone else’s capital while tumbling towards old age. I say let them buy some hope…
And when you stop working or fall ill, you become homeless. Great outlook, buddy.
Since you’re not playing lottery, it seems, go on, buy a house there ! We watch.
You give me 5 of your currency and I give you 4 back, and It’ll still be a better investment than a lottery ticket…
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I mean, I buy up to a dozen lottery tickets a year next door in Japan. Paying off the house would be first and, were I not already a homeowner, buying one would certainly top the list. Those lottery tickets amount to something like 3600 JPY a year which is probably like 20 USD or so. It’s not a financial plan, but I wouldn’t complain if I won. I used to spend more than that at starbucks in a month.
Spoiler alert: you won’t win.
Ah but I have won… just not enough to do more than pay for about a year’s worth of tickets. It’s not an investment strategy; it’s entertainment. If I ever get rich (and I don’t expect to), nice bonus.
The chance of you playing your entire life and never winning a significant amount is much much much higher than you winning decently once.
Because those lottery businesses aren’t going to give out more money than they make. Your chance of getting more out of it than you put in is none.
But you do win every time you don’t play.
People waste their money on all kinds of dumb shit. Posters, pictures, plastic toys that will just end up in some landfill, etc. This is mine and I almost certainly spend a lot less on it (again, $20-$25 a year in USD depending on the exchange rate). I almost never eat out. I have real investments. This is entertainment.
Edit: to clarify, dumb here means not necessary. Support art and artists, but don’t by plastic stuff that’s going to end up in a landfill
That’s how they get you! Also, I meant the jackpot.
Hey, it worked. Sort of.
What Fatboy Kim loves to capitalize on, the awful costs of living south of the DMZ.
