I don't play as much as a used to, which wasn't much anyway. I always try to buy one lottery ticket when the jackpot goes above 50 or 60 million. Because no matter how long the odds are with one ticket, you have absolutely no chance if you don't buy any tickets. I can spare the one dollar.
Of all the years I've been buying lottery tickets, I probably spent no more than $200-$250. I've won over $3500.
My semi-retired parents play slots and buy lottery tickets for fun. They don't do it as an investment, they do it because they like to. Even though they don't keep track of whether they are ahead or behind, at least a couple times a month I hear 'dad won $800 yesterday' or 'mom won $600 last week'
Besides, do you know how much ammo I could have bought if I won powerball yesterday? I'd have to get a bunch of full auto guns just to burn through it all!