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Wizards Singleton says spending $10,000 on lottery tickets worth it

Apr 2, 2012, 8:36 PM EST

chris-singleton Getty Images

Wizards rookie Chris Singleton will make just shy of $1.5 million this season, the first year of his rookie contract that could pay him $7 million over the life of this contract alone.

But that’s not $640 million, which was the payout for last weekend’s Mega Millions lottery that you didn’t win either.

So Singleton went out and spent $10,000 on tickets, he tweeted then confirmed by the Associated Press (hat tip to CSNWashington). The best part is why.

Washington Wizards rookie Chris Singleton says it was worth it to buy $10,000 worth of tickets for last week’s Mega Millions lottery, adding it was “either that or blowing it in the clubs.”

Well, at least in the club you would have gotten a few drinks out of that.

I’m not going to go into the math of the lottery odds (you are 50 times more likely to get struck by lightning), or how if he just takes care of the money he has in this contract he and his family are set for life. It’s his life, his money, he’s an adult and can do what he wants.

But next time, give me the $10,000 and I’ll give you a generous 10 percent of your money back as “winnings.” And we’ll call it even.

  1. cosanostra71 - Apr 2, 2012 at 8:57 PM

    well $3,200 of that went to schools, so IMO it was worth it

  2. anhdazman - Apr 2, 2012 at 9:12 PM

    A fool and his money will soon be parted. This guy will be flat broke a few years after his NBA career.

  3. surly1n1nd1anapol1s - Apr 2, 2012 at 9:32 PM

    Evidence that he’s an adult?

  4. larrybrown43 - Apr 2, 2012 at 9:59 PM

    I feel sorry for the people who just got off or were heading into work and had to stand in line behind him. Those are the ones who just wanted to play $5 or 10 worth and really in need of lottery winnings not this clown who brags about dropping 10k in clubs also.

  5. cap1378 - Apr 2, 2012 at 10:42 PM

    Typical

  6. teambringitstrong - Apr 2, 2012 at 10:51 PM

    cap1378 – Apr 2, 2012 at 10:42 PM

    Typical

    —————————————————-

    Typical what?

  7. mdturtlepower - Apr 2, 2012 at 10:56 PM

    The lottery winners should be thanking him for adding to the pot.

  8. redbullenergydrink - Apr 2, 2012 at 10:57 PM

    Can’t blame a man for having hope and wishing for the best! That being said, $10,000?! Geesh!

  9. brownbuddha - Apr 2, 2012 at 11:13 PM

    $10,000 to him is like playing $20 for the rest of us. Maybe $100. But how many of you have spent hundreds and hundreds in Vegas or your local Indian Casino. And there was ABSOLUTELY ZERO chance you were going to walk out out of Sycuan with $1,000,000 much less $640,000,000. He could play for a team for 10 years an never have to work again, or he could OWN an NBA team for 60+ years. All for a $10k investment.

  10. glink123 - Apr 2, 2012 at 11:57 PM

    Says alot about what’s wrong with this team, when you have a GM who drafts someone of such limited education and low character.

  11. beavertonsteve - Apr 3, 2012 at 1:44 AM

    Most NBA players blow that kind of money on hookers and booze anyway, at least he had a shot at something better than a hangover and an STD…

  12. losangelasbasketball - Apr 3, 2012 at 6:08 AM

    Gambling is bad kids… work hard and save your money…

  13. schaffershokai - Apr 3, 2012 at 8:42 AM

    Anyone spouting off that kind of gibberish must be dealt with in the following manner: http://youtu.be/fXrrDsiSzKA

  14. aagepet - Apr 3, 2012 at 11:21 AM

    lottery is just plain luck and by bying ticket for the amound of 10.000 $ makes your winning chances only insignificant better. Give him his school money back.

  15. aagepet - Apr 3, 2012 at 11:22 AM

    lottery is just plain luck and by buying ticket for the amount of 10.000 $ makes your winning chances only insignificant better. Give him his school money back.

  16. thraiderskin - Apr 3, 2012 at 11:32 AM

    After all the last minute ticket buying for MegaMillions, wasn’t the final jackpot worth somewhere near $656 million? Still not a very mature decision he made, but that is only because he didn’t win.

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