It serms incredible to me to give over a billion dollars to a random person.

  • fubo@lemmy.world
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    1 year ago

    State lotteries are in effect a tax on the uneducated; largely used to fund education.

    But part of the reason they exist is that, in their absence, people spontaneously come up with even worse forms of gambling, like the old numbers game that funds the expansion of organized crime.

    Most lottery players, especially scratch-ticket players, would be better off sticking that money under their mattresses or in credit-union accounts. However, again, when there are no gambling games around, people spontaneously invent them; abolishing state lotteries would not cause that money to go under mattresses or into credit unions.

    • Hegar@kbin.social
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      1 year ago

      largely used to fund education

      Alas, nope.

      Many states have laws saying that for every lottery dollar that goes to education, a dollar comes out of the education budget. Usually lottery profits end up in a general fund, the whole education thing is a legislated smoke screen.

      The main function of state run lotteries is to take money away from organized criminals and give it to elected criminals instead.