The problem is that you are betting away the money needed for your living expenses, as well as that which you would put towards savings.
If you go the saving route, then 12 minutes of each hour goes in living expenses, 48 minutes to your savings, which after 5.5 years will total 10000 hours. If you bet the hour in a lottery and lose then you don’t have the 12 minutes required for living expenses.
The problem is that you are betting away the money needed for your living expenses, as well as that which you would put towards savings.
If you go the saving route, then 12 minutes of each hour goes in living expenses, 48 minutes to your savings, which after 5.5 years will total 10000 hours. If you bet the hour in a lottery and lose then you don’t have the 12 minutes required for living expenses.