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> I don't think most people know this. You don't think most people know they're gambling when they buy a lottery ticket?
by lwansbrough 9y ago
> I don't think most people know this.
You don't think most people know they're gambling when they buy a lottery ticket?
- adventured 9y agoI grew up around some businesses that sold various lottery products. I'm not trying to sound mean or dismissive at all when I say this, just strictly matter of fact: I talked to a large and incredible variety of idiots and uneducated people that bought lottery tickets, whether scratch-offs or traditional Powerball type. They all universally knew the odds were bad. Universally. They also figured that for a few dollars - which most of them could easily afford here and there - those were the best odds they were ever going to have.
- jstarfish 9y agoI concur with this, and also add that the smaller winnings accrued along the way adds to their sense of validation. They spend $1000 on tickets, and the day where their next $5 ends up winning them $100 on a scratch-off makes it all worth it.