Playing the lottery is nowhere near gambling. It’s a game, with a clear objective, and a clear set of rules. The best player wins. Yes, casino games also take this shape, but it’s totally different. Adam Osmond, a convenience store owner, a former one, at least, mixed things up. Although he was a good guy, with a profitable business, he did something very wrong that eventually led him to a disaster. He lost the lucrative business that he loved. The lottery didn’t turn out to be as exciting as he thought it will be. He found his “high” in something else.
Adam Osmond’s story is rather interesting. We can all learn something from it, at least I did. One of them is to never buy more lottery tickets than you can “chew”. Well, that doesn’t sound right.
Adam Osmond – The Guy who Spent More than $1M on Lottery Tickets
For those of you who were hoping to win a jackpot of at least $1m, Adam here had the cash, but he still wanted to win a “jackpot”. I can’t define this as greed, compulsive gambling, or simply a passion. The store where he bought all those lottery tickets was his very own. Adam usually printed the lottery tickets during weekends. On Saturdays and on Sundays he would’ve opened the store solely to quench his own desire for the lottery.
It all started back in 1986 when the lottery has been just a few dollar things. That’s all it took. However, in the period between 2002 and 2008, the lottery became something different for our dear Mr. Osmond. Winning the lottery doesn’t take millions of dollars, it takes patience and good money management.
Playing the Lottery Can Turn into Compulsive Gambling
The main issue with compulsive gambling is that the victim never knows that they are affected by it. Adam is a good example. He used to play the lottery as a common lottery player for a decade, but he didn’t notice when things shifted in a different direction. Another decade of compulsive gambling followed. Do you see how I don’t say that he played the lottery? He was gambling his savings, and his business to win the lottery. Before the Connecticut Lottery asked Adam Osmond to pay for the tickets he printed he had bought lottery tickets worth $250,000 in less than a week. That’s roughly 54,000 lottery tickets.
His situation became critical when Adam won $50,000. It was the worst thing that could happen. Why? Because once a gambler gets his high, he/she doesn’t stop. Instead, the anticipation of the next big hit commences. This is exactly what happened to Adam.
With the Money He Spent on Lottery Tickets He Could’ve Had a Comfy Life
Adam may not have been able to buy luxury cars, throw parties on a daily basis, or do other stuff jackpot winners do, but with a little over $1m, he could’ve lived a comfortable life. Mr. Osmond could’ve paid off his debts, pay for his children’s tuition, etc.
On his adventure to win the all-desired jackpot, Adam lost his jackpot. Not to mention the fact that he lost his convenience store because he couldn’t pay the Connecticut Lottery for the lottery tickets he printed for him. Figuratively speaking, Adam was running his own casino. He was playing with himself, and the Connecticut Lottery was the only winner. A few years ago, I wanted to do something similar to this. Fortunately, my S/O made me reconsider my options and my approach to playing the lottery.
I used to be a gambler myself. But, that’s the old me. Now I play the lottery only, and I don’t spend more than I can afford on the lottery.
What’s Going On in Adam Osmond’s Life Now
He clearly had what it took to be an outstanding lottery player if he were to keep his head cool. Adam is a long-distance runner. He takes part in all marathons, and ultra-marathons you can find on the grounds of the USA. If you want to meet him, you’ll see him in running shoes at some of these events. Mr. Osmond is definitely a persistent individual. Considering that he can run for hours without taking a break, he had the trait of a true lottery player.
Maybe if he wasn’t the owner of a convenience store he wouldn’t have gotten himself into this situation. Besides being a long-distance runner, Adam is an accountant with exceptional knowledge and experience in statistics and analysis. Once an extremely passionate lottery player, now a dedicated advocate of responsible gambling. Adam wants to show the community what a threat gambling is.
He also recommends other people who are addicted to gambling start running. It’s what helped him, and he thinks this is what can help other addicts as well.
The Adam family is doing fine if that’s what you’re asking. However, he’s still recovering from a financial standpoint of view. The damage his addiction has done over the years will take time to be fully dealt with. Despite the court declaring Adam Osmond not having to pay the remainder of the tickets, because they haven’t been cashed in, he still lost everything. It’s a sad story, with a happy ending, in a way.
Don’t Buy More than You Can Afford – Moderation Is the Key to Success
There’s a good reason why there are only one or two draws per week. Imagine if you could play the lottery as many times as you want per day. Adam here would’ve felt the worst of gambling a lot sooner. Never buy more than you can afford. It’s what will keep you in the game longer without experiencing any inconveniences along the way, such as losing a convenience store.