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Gambling is a vice and pretending that it's not doesn't help people. You do receive utility from buying a single lottery ticket, because it allows you to dream,
by Aunche 4y ago
Gambling is a vice and pretending that it's not doesn't help people. You do receive utility from buying a single lottery ticket, because it allows you to dream, but that's not something that scales with increased spending. Beyond that, it is never a rational decision to buy lottery tickets. You're almost always going to be happier if you put that money aside in an emergency fund. In the past, you'd be able to use the excuse of poor people being underbanked, but these days there are plenty of fee-free online banks.
- Tozen 4y agoYou are misunderstanding the point that I made. I'm not saying that gambling isn't a vice nor am I condoning such behavior, put rather the state allowing or pushing such a vice disproportionally into poor Black neighborhoods is a demonstration of being corrupt and exploitative. Selling nearly unachievable "dreams" to poor desperate people is depravity, even more so when the state is sanctioning the marketing and advertising campaigns being directed at them. The view of such a situation is further demonstrated by the state minimizing any possible benefits from the profits of the lotteries to the same Black poor neighborhoods they are taking advantage of. They are primarily funneling money out of those neighborhoods, from the people that can least afford it, to any and everywhere else.