4 ms·
I would accept regulation protecting naive people against bad bets if we didn't have state-sponsored lotteries. No investment is going to be riskier than the Pi
by rabidsnail 15y ago
I would accept regulation protecting naive people against bad bets if we didn't have state-sponsored lotteries. No investment is going to be riskier than the Pick-6.
- tptacek 15y agoHow many middle-class retirees lose their life's savings to the Pick-6?
- m0nastic 15y agoI'd bet not many, but I suspect there's a fair number of people who never amass a life's savings because of it. A quick back-of-envelope calculation shows my mom having spent at least 100 grand on lottery tickets (and that's just 20 years of playing), and she's still basically living paycheck to paycheck.