the post just makes for a racy headline. nothing else. the sentiment is correct, but the analogies couldn't have been crappier. all lotto players are equal. all enterpreneurs aren't!
Additionally, millions of people play the lottery. Millions of people do not start tech startups. So your odds are not better of winning the NY lottery.
While using the lottery is a poor choice of analogy (as others have pointed out), I think his basic message is right: thinking that acquisition is the exit is foolhardy, particularly when you have neither revenues nor a plan to generate them.