I worked with a guy who became convinced that he should do what you are with his paycheck one week. When we got paid one Friday night he went on his meal break and bought $880 worth of $20 scratch offs.
He scratched all of them off when he got back. He won $20.
DANG... I "had" a so called "best friend" of about 20 years get hooked on Cherokee.
For years, he'd borrow money from me and always paid me back on time.
Then, way in the hole he took off to N. Dakota. Left me holding a few grand. Way into his wealthy Father for (I'm not saying, nobody would believe that figure)- A LOT.
6 years later, he came back to town, came to see me in the hospital blah, blah.. We don't speak now.
Moral to the story: Don't "loan" money 💰
That ruins relationships.