The people who play lotto's are very uneducated, so it's selection bias. None of them were taught how to manage money because they never had any. Founders aren

The people who play lotto's are very uneducated, so it's selection bias. None of them were taught how to manage money because they never had any. Founders aren't the ones with the money. They're making it for someone else and then being paid for that. In any case, it's what happens on average that matters, not minuscule exceptions. Money makes money.