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The lottery is entertainment. I would argue that it is good for people to play the lottery because it is the sort of entertainment that fosters creativity. What would you do with that much money? At any rate, if you spend the same money going to movies, you'll only see a movie once every three or four weeks, and that money is simply wasted. With the lottery, you get to constantly imagine what you'd do with the money, and you even have a chance of getting that money.
Because in the long run, the lottery is just a cheap form of government sanctioned entertainment, there are other things that you can do that anecdotally improve your return on investment.
Proceeds from the sale of Colorado Powerball tickets go to the Lottery's current proceeds recipients -- the Conservation Trust Fund, State Parks, and Great Outdoors Colorado Trust Fund. If the Great Outdoors Colorado Trust Fund exceeds its cap, spillover will be directed to public school districts to address health and safety issues. To date, more than $1 billion has been returned back to the people of Colorado.