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Ionq shares will pay better than a Powerball ticket ticket

    • Winning the lottery is perhaps a dream come true, but the chance of winning is tiny.

    • Instead, investing in a share such as IONQ is probably the better option.

    • If Quantum Computing becomes the next major technology after AI, the stock can give you lottery-type return.

    • 10 shares that we like more than Ionq ›

    Buying a lottery ticket can be tempting. Winning hundreds of millions of dollars can be life-changing, and Powerball tickets only cost a few dollars. However, the chance of winning is stacked against you, with the chance that the Powerball -Jackpot is a gloomy 1 in 292 million.

    Despite the long chances, people spend a shocking amount on lottery tickets every year. In 2023 people bought more than $ 100 billion in tickets. That is simply a bad 'investment'.

    The lottery drives cash from millions of players with little payback time every year, and the costs are correct in the course of time. Instead, that money can go to invest. Stocks have generated great annual returns over the years, but only half of the Americans actually have shares.

    While investing in an exchange fund (ETF) that the S&P 500 is a great strategy, the lottery statistics show that some people want a little more juice. With this in mind, I think that if you really want to bet a kind of swing-for-the-fences, Ionq (NYSE: IONQ) Is a better option than buying a lottery ticket.

    For those who are not familiar with IONQ, the company tries to become the leader in the emerging area of ​​Quantum Computing. Although the technology is generally considered as many years away from commercial applications, it can be the following great technology after artificial intelligence (AI).

    Quantum Computing can process information in a fraction of time as contemporary computers. It does this by using what is called Quantum bits or quubits. Although traditional computer bits have a value of 0 or 1, Qubits can have multiple values ​​at the same time. This is called super position.

    If you ever caught an episode of The Big Bang TheoryYou may remember the current joke about Schrödinger's cat. It is an old thought experiment in which a cat is sealed in a box, and until you actually open the box, the cat is simultaneously considered dead and alive. No matter how strange that sounds, that idea to be in two states at the same time, called SuperPosition, is the core concept that makes Quantum Computing possible.

    For his part, IONQ uses printed ion technology, which in fact means that it works with real atoms to serve as quubits. That is important because every atom is identical, so they relegate or vary as some artificial systems do. This results in quubits that are more stable and hold information longer, with fewer errors.