Playing the Lottery Likely Won't Make You Rich -- But Amazon Just Might

As potential lottery winnings climb, and when you see a Powerball player strike the jackpot, you may imagine yourself selecting the next batch of winning numbers. Could the lottery make you rich? The data shows us it's very unlikely. Though 50% of Americans play the lottery, and spend more than $100 billion on it a year, most players end up winning nothing, according to Motley Fool Money Research. And the odds of winning Powerball are staggeringly low at 1 in 292 million.But before you give up on the idea of getting rich, hold on -- there's a much better way to grow wealth. This one is safer and more likely to produce positive results. I'm talking about investing. About 162 million American adults today invest in stocks, an activity that has demonstrated its wealth-building powers. The S&P 500 has delivered a 10% average annual return over the long term, and many individual stocks have offered investors outstanding returns. For example, artificial intelligence (AI) giant Nvidia has soared 1,200% over the past five years.So, which stock should you choose right now to supercharge your portfolio? A tech giant that's proven itself over time and today is leading in the high-growth area of AI. I'm talking about Amazon (NASDAQ: AMZN). The lottery probably won't pave the road to riches for you -- but Amazon might.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool