News for hackers. Stuff that matters.
Re:Mega Millions ticket wins $1.34B lottery jackpot by stingraycharles on Saturday July 30, 2022 @04:46PM (#32290124)
Eh, I know more than a few people who, over decades, spent small fortunes on these lotteries. $10/month over multiple decades really adds up, especially when you’re already poor.

I’m not saying I agree with the “it’s a tax” position, but I definitely don’t agree with the “it’s just fun” position. It’s an industry that preys on poor people’s poor (monetary) decision making skills.

Re:Mega Millions ticket wins $1.34B lottery jackpot by jimkleiber on Saturday July 30, 2022 @04:50PM (#32290166)
I worked at a liquor store and saw people spend easily $10/day, and very often it was the same people every day.

I wonder how much lottery is like other (gambling and non-gambling) industries where so much of the revenue is from "whales."

Re:Mega Millions ticket wins $1.34B lottery jackpot by missedthecue on Saturday July 30, 2022 @05:31PM (#32290537)
Tangentially related: My younger brother works the counter at a gas station and the amount of money people drop on cigarettes and vape pods is mind boggling. He tells me $300 a month is not uncommon. A car payment.

Be careful which habits you form.

Re:Mega Millions ticket wins $1.34B lottery jackpot by gruez on Saturday July 30, 2022 @04:51PM (#32290184)
> $10/month over multiple decades really adds up, especially when you’re already poor.

>[...] but I definitely don’t agree with the “it’s just fun” position

How do you feel about people going to vegas to gamble? Does that also not count as "it's just fun" because they're losing a significant sum of money?

Re:Mega Millions ticket wins $1.34B lottery jackpot by voz_ on Saturday July 30, 2022 @04:49PM (#32290160)
Does it prey? I think scratchers / casinos / sports betting / online poker / more general kinds of gambling is far more addictive and malicious, because the dopamine fueled reward->attempt cycle is a far tighter loop with those.
Re:Mega Millions ticket wins $1.34B lottery jackpot by Parmenidea on Saturday July 30, 2022 @05:00PM (#32290270)
The counter argument is that a lot of those games reward “skill”. Through study/statistics your odds improve, in the same way that equity research can lead to a good stock pick. The lottery is naked chance.
Re:Mega Millions ticket wins $1.34B lottery jackpot by Swenrekcah on Saturday July 30, 2022 @04:49PM (#32290164)
Would you say the same about a $14/month Netflix subscription?

Because that actually has zero upside potential and does not fund local nonprofit activities (like lottery often does, depending on your location).

Re:Mega Millions ticket wins $1.34B lottery jackpot by jimkleiber on Saturday July 30, 2022 @04:52PM (#32290193)
Netflix is capped at $14/month. One may "lose" time or attention or gain many different emotional experiences they didn't want, yet I think their monetary spending is quite capped with Netflix compared to the lottery and other pay more to get more games.
Re:Mega Millions ticket wins $1.34B lottery jackpot by paulpauper on Saturday July 30, 2022 @04:54PM (#32290217)
Netflix cost is capped. People spend hundreds/month on lotteries.
Re:Mega Millions ticket wins $1.34B lottery jackpot by Swenrekcah on Saturday July 30, 2022 @05:04PM (#32290312)
True they don’t, that’s what the lottery does.

Netflix and the lottery sell different things at a similar price point. I’ve subscribed to both at various times.

Edit: it seems the comment I replied to was changed. It used to say approximately “Netflix doesn’t sell a dream to get rich”