Don't get me wrong. I'm not saying that you shouldn't play slot machines. In fact, I think slot games, especially really good ones, are a lot of fun. But you want to keep in forefront of your mind that mathematically, what you're doing when you're playing a slot machine on a long term basis is paying for entertainment. You can calculate how much you're paying for that entertainment by multiplying house edge times your average bet times your number of spins per hour.

First of all, you have to understand that progressive jackpots, like lotteries, are longshots of epic proportions. You're not likely to win. Does that mean you shouldn't play though? I don't think it does at all. I think a frugal gambling approach to playing Major Millions would be similar to how a lot of people play lottery: a little bit at a time, but consistently. Most of people I know who play lottery buy a ticket every time. And if jackpot is higher, they'll buy more tickets. I think this is a good approach, and could easily be applied to our game of choice.

So here's my proposed strategy: I'm going to play Major Millions on a consistent basis. This means I'm going to play it daily, twice a week, weekly, or every payday. Doesn't matter what timeframe is; all that matters is consistency of play. But I'm not going to play big sessions, because I don't have a huge bankroll. But I am going to play max bet every spin, because that's only way to win life-changing jackpot.