• BigBen103@lemm.ee
    link
    fedilink
    arrow-up
    20
    arrow-down
    1
    ·
    1 year ago

    Lottery’s the expected value is always lower than the prize of a ticket. And even if you win it is on the back of other poor desparete people who lost. An then there is the fact winning often leads to a lot of other problems.

    • ch00f@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      Lottery’s the expected value is always lower than the prize of a ticket.

      I mean, of course it is? Zero-effort sources of income kind of have to have a net negative expected value. Or else nobody would have any reason to do anything.

      Now you could definitely argue that the low-odds of winning aren’t made entirely clear to the customers, but I know a lot of people pay their $2 a week just for the high of fantasizing about what it would be like to win.