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Ending state lotteries is just another form of prohibition. It's part of human nature and population will still end up participating in alternative get rich qui
by Axsuul 11y ago
Ending state lotteries is just another form of prohibition. It's part of human nature and population will still end up participating in alternative get rich quick schemes.
- chillwaves 11y agoThen make them more fair with better payouts. They don't need to be completely exploitative.
- vectorjohn 11y agoA non exploitative lottery is also called a bank.
- CydeWeys 11y agoInteresting that you mention that. Such a thing exists, is fairly widespread in some countries, and is quite successful at encouraging the correct behavior: https://en.wikipedia.org/wiki/Prize-linked_savings_account https://en.wikipedia.org/wiki/Prize-linked_savings_account Basically, every so many dollars that are in a savings account for a set period of time counts as one ticket, and so of course the way to increase your chance of winning is to "buy more tickets". Winnings are paid out in lieu of interest, but in the end averages to about the same.
- chillwaves 11y agoThen make them more fair with better payouts. They don't need to be completely exploitative.