Would Investing in Nvidia Stock Have Been Better Than Playing the Lottery?

Got $321 for a chance to supercharge your wealth? That amount is how much the average American spent on lottery tickets in 2023, according to research conducted by The Motley Fool using the most recent data available from the U.S. Census Bureau.Winners of the Powerball jackpot in September took home nearly $2 billion. A shot at that kind of transformative income can make a $321 investment appear worthwhile.How does that potential payout compare to putting money into one of the hottest stocks around -- semiconductor chip leader Nvidia (NASDAQ: NVDA)? Its shares are up around 40% this year alone as of Oct. 6. Comparing an investment in Nvidia versus the lottery can provide insights into how best to deploy your hard-earned cash.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool