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Citation please. Rational entertainment would predict poorer people playing the lottery less than rich people, which afaik is not how it happens.
by brlewis 3y ago
Citation please. Rational entertainment would predict poorer people playing the lottery less than rich people, which afaik is not how it happens.
- kqr 3y agoLotteries are a comparatively cheap form of entertainment. Rich people can go to tennis matches, get a pilot's licence, and buy stock options. Poor people have much fewer alternatives.
- brlewis 3y ago$412/year doesn't seem that cheep to me. I think the less educated are being fooled into chasing extreme low-probability prizes. https://bigthink.com/the-present/poor-americans-lottery/ https://bigthink.com/the-present/poor-americans-lottery/
- HDThoreaun 3y agoThe prospect of becoming rich isn’t as enticing when you’re already rich. What would a rich person who wins the lottery do? Quit their job I guess but mostly quality of life unchanged. They already have most of what they want. Not the case for poor people.