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It's an easy product to sell. They gamified the lottery. Complete with a faster turnaround time, higher frequency, and stronger dopamine hits. The winners are m
by fractionalhare 6y ago
It's an easy product to sell. They gamified the lottery. Complete with a faster turnaround time, higher frequency, and stronger dopamine hits. The winners are more visible too.
- runarberg 6y agoThis is an excellent point and should be reiterated often. The lottery is one of the more innocent gambling game. The delayed reward, low chance of winning small amounts, and fixed schedule makes it so that it is not nearly as triggering of addictive behavior as other gambling games. Personally I think the lottery should still be illegal, but it provides a good baseline. Any gambling game that has more effective contingencies then the lottery should at least be heavily regulated (possibly banned). And stocks definitely do.
- JKCalhoun 6y agoYeah, the problem is, if you make the lottery illegal, numbers rackets will pop up to fill that void. I guess it's a bit like the Japanese government turning a blind eye to the pachinko parlors.
- billytetrud 6y agoExcept the Japanese government turning a blind eye is a simple case of corruption
- conistonwater 6y agoAt least where I live, the lottery profits (around 50% of revenues, IIRC) are largely used for charities and just various social organizations and stuff, like sports. I'm not really for lotteries personally, but I think what you said is quite unfair to lotteries all things considered.
- fractionalhare 6y agoI see. I wasn't trying to make an ethical statement about lottery profits, just compare the likelihoods of winning.