The US Lottery is a Lie

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  • Опубликовано: 22 дек 2024

Комментарии • 7 тыс.

  • @jonathankeller7646
    @jonathankeller7646 Год назад +10622

    The best way I ever heard someone describe the lottery was as a tax on hope...

    • @buzinaocara
      @buzinaocara Год назад +296

      Just the "its a tax on the poor" is a little demeaning to the poor. It's a tax on gamblers, and it just so happens that there are more lotery gamblers among the statistical group of the poor than among the rich (perhaps there are just as many rich gamblers too, just gambling on cassinos or horses, or shit, stock markets?). But saying its a tax on the poor implies all poor people are irresponsible gambling fools that waste the money away at scrach offs, which is very incorrect, the high amount of money spent on lotery by the poor on the statistics is raised that high by a small cohort of that population.

    • @calholli
      @calholli Год назад +216

      It's a tax on the ignorant. Anyone who understands odds and probabilities would never give a dime to the lottery.

    • @buzinaocara
      @buzinaocara Год назад +56

      @@eduffy4937 People who are perpatually poor, often are like you desctibe. Some others are just temporarily poor, but slowly taking steps into higher incomes. Just as some people are rich not because they manag their money well, but because their grandpa did, and they themselves are just chipping away at what they inherited for free. Socio-economic inertia is a thing.

    • @Redditor6079
      @Redditor6079 Год назад +93

      Nah it's a tax on the stupid.

    • @PondoSinatra680
      @PondoSinatra680 Год назад +25

      It’s a poor person’s 401k plan.

  • @rylandnunn596
    @rylandnunn596 Год назад +4018

    Here in Florida, some of the money raised by the lottery is used for scholarships. I once heard someone say: "The lottery is low-income people sending middle-income people to college." That has stuck with me ever since.

    • @AmericanVices
      @AmericanVices Год назад +37

      True indeed

    • @Ellron23
      @Ellron23 Год назад

      Most state lotteries were setup to benefit education in some way

    • @PherPhur
      @PherPhur Год назад +88

      300 million $ went to Missouri schools from the Missouri lottery in 2022 alone. I don't like the word scam cause it carries a negative connotation. Sure someone getting rich, but its 1000x better than pretty much every other business in terms of overall contribution to society imo.

    • @GohersWay
      @GohersWay Год назад +18

      @@PherPhur yeah only if in your head a new whatever $300 million business is not going to decrease the prices of that product.
      Probably in your head collages and university are not money making business either.
      Basic question if you have excessive amount of collages, dairy, or some other products or specific food in your area will it going to be cheap or expensive?

    • @zoanth4
      @zoanth4 Год назад +9

      They volunteer for it though

  • @davidmcdonald1898
    @davidmcdonald1898 Год назад +746

    For a college course, I wanted to investigate how Pennsylvania allocated its lottery funds "to benefit seniors," as the ads put it. I contacted the state revenue service to request some data, and I was pretty much treated like a terrorist. Everyone I spoke to was evasive at best, but usually downright rude. "Why did I want it," was the usual retort to the request; often they wanted my phone number for a callback. Finally, I received by mail a single sheet document with columns of numbers but without any context as to time periods covered and so on, much less where the money went. Years later I discovered that funds were used to supplement seniors' prescription costs, but eligibility was stringent with high deductibles AFTER Medicare D plans. Terrific video!

    • @Robespierre-lI
      @Robespierre-lI Год назад +22

      Sounds like your research for that class did not go well. Honestly, part of that is probably simply because you were a student who government bureaucrats do not have to take seriously. Credentials would have gotten you further. And if not, you could have used some of the skills journalists develop (if they are any good.)

    • @TheArob
      @TheArob Год назад +124

      @@Robespierre-lI You shouldn’t need credentials to access records that they publicize as public. If they want it to be private they shouldn’t promote it as such.

    • @micosstar
      @micosstar Год назад +27

      @@TheArob yeah, that’s pretty sus for a government to be covert about public information

    • @ckwind1971
      @ckwind1971 Год назад +9

      Is there such a thing as FOIA requests for state documents?

    • @machwind3266
      @machwind3266 Год назад +14

      Yeah, so the funds barely did what they said it did. A tiny little vein of help for the seniors and I suppose the main majority of the funds went elsewhere.

  • @VibhorWase
    @VibhorWase 8 месяцев назад +112

    No matter who wins the lottery, the govt always wins the jackpot

  • @froogleislive
    @froogleislive Год назад +1673

    You know whats even more hilarious, these people would get upset if you took the lottery away. I used to work at an AMPM when I was 17, we had regulars that would buy tickets. I would ask them if they knew what their odds were, they said yes. One guy told me he knew for a fact he'd never win but the euphoria he got from daydreaming about winning was worth the money. That to me sounded crazy at the time but as an adult now, I can see its allure lol

    • @eugenesmith4770
      @eugenesmith4770 Год назад +88

      When you get to that state you should look at yourself from 3rd person view and realize that you're just fooling yourself and it's unproductive in long run.
      Life is not a race it's a marathon

    • @b-rare
      @b-rare Год назад +51

      If they spent that money and time wasted daydreaming trying to actually build a business or get a better paying career or better themselves they’d be in a greater position. Problem is a lot of people are just lazy and want the easy way out of things.

    • @Deathinacann
      @Deathinacann Год назад +139

      @@b-rare if youre happy daydreaming then thats winning life

    • @thomashygum5310
      @thomashygum5310 Год назад +82

      It is hard to argue that those people are not making an informed decision. It is not the economically optimal decision, but neither is paying for lessons in watercoloring, or a huge ass Wroom-car or collecting pokemon cards or whatever other things people spend (waste?) their money on. From a certain point of view, buying a lottery ticket in order to derive greater enjoyment from watching the lottery on tv is not much different from paying for a netflix subscription or membership of a golf club.

    • @Heligany
      @Heligany Год назад +25

      Thats the logic of someone with almost no hope left, the odds dont matter when its the only way out you can see

  • @SevenEllen
    @SevenEllen Год назад +742

    I stopped buying lottery tickets a year after I started buying them regularly. I learned I was losing more than I was winning and got bored of the losses. I realised it wasn't worth it, so I ditched the habit, worked overtime a lot for a long time, and now I have back all my losses. The way to win the lottery is not to play.

    • @MediaMusik777
      @MediaMusik777 Год назад +21

      We should do a RUclips , how much money I save from not buying a lottery ticket , so basically save the the same money over 10 years I bet it’s 20-40 k

    • @SevenEllen
      @SevenEllen Год назад +7

      @@MediaMusik777 I've kind of already done that without the RUclips video, and before and after I started buying lottery tickets.

    • @SevenEllen
      @SevenEllen Год назад +6

      @@MediaMusik777 Anyone who wastes between 20k and 40k on lottery in ten years needs to sort out their priorities. That sort of money could go towards paying off a mortgage or ending some kind of debt.

    • @elenaefremova7463
      @elenaefremova7463 Год назад +13

      Some people win from buying FIRST EVER TICKET!!!!

    • @SevenEllen
      @SevenEllen Год назад

      So? It's still extremely rare and doesn't mean that millions are still being conned out of their losses. It still doesn't justify all the poor gambling addicts whose lives are ruined.@@elenaefremova7463

  • @mikea.1586
    @mikea.1586 Год назад +808

    The worst part is if you tell people who buy the lottery regularly that its the government's way of taxing them, they go into denial mode... and usually these are the same folks that hate the government or think they're so smart that they're not paying actual taxes to the government... I always say the government is the one having the last laugh.

    • @gr8life12
      @gr8life12 Год назад

      The "anti-government" crowd are usually the most susceptible to other money scams too like MLM, pyramid schemes, and other Ponzi and get rich quick schemes. Best not to mention that to them, it's fun for them and education for you.

    • @Midala87
      @Midala87 Год назад +26

      It's just annoying seeing our income being taxed multiple times over in numerous states.

    • @popopop984
      @popopop984 Год назад +6

      I don’t want to be stating the obvious, but the government isn’t the only one that runs lotteries. It would just be another private corpo. Like the PNE with their free house lottery? Have you seen that? The only practical solution would be to ban lotteries altogether

    • @Splarkszter
      @Splarkszter Год назад +11

      @@popopop984 We cannot do that anymore. Look at what happened when alcohol was banned. lmao
      People.
      The best and only path is to educate people, and i'm not talking about schools. Just give the the info, make them realize what they are doing (basically what this video does too).

    • @themikep82
      @themikep82 Год назад +19

      It's not a tax. The key distinction is that taxes are involuntary and enforced by legal penalty. Buying lottery tickets, while dumb, is entirely voluntary.

  • @Ejbarymore12
    @Ejbarymore12 8 месяцев назад +118

    My grandpa used to say it's a tax on the stupid, that really hit me as a kid, and I've never even gotten a scratch off, lmao

    • @ianandersen265
      @ianandersen265 3 месяца назад +5

      I'm not stupid. I just don't care.

    • @joeydelrio
      @joeydelrio 3 месяца назад +5

      your grandpa was lucky to born in privilege and not poverty and hopelessness or he would be buying one

    • @chizick14
      @chizick14 3 месяца назад +1

      You are blessed most people in the USA are financially inept, I imagine your family is not based on Grandpa!

    • @OramiIT
      @OramiIT 3 месяца назад +1

      I usually buy some as gifts when I'm not sure what to get someone lol.

    • @chizick14
      @chizick14 3 месяца назад

      @@OramiIT Give them money, the government will steal less of it that way

  • @rileyconnor1080
    @rileyconnor1080 Год назад +386

    I work at a bar, and I see the same people come in to exclusively play the video lottery. They rotate between a few other spots to avoid some embarrassment, but I know a good chunk of their money goes into those machines.
    The saddest part is seeing their gambling slow down, they hit, and the cycle starts all over again.

    • @nodsib
      @nodsib Год назад +46

      Yep, the worst thing to happen to a gambling addict is them actually winning something, they double down and spend the winnings and more

    • @jensenraylight8011
      @jensenraylight8011 Год назад +4

      they felt too rich to spend their money on themself,
      therefore, just throw away that trash money into a gambling paper

    • @johnchambers8528
      @johnchambers8528 6 дней назад

      It’s called compulsive gambling. Just like other vices like drinking too much, abusive drug use, overeating etc. They need help but usually do not realize it till it affects their life in some bad way.

  • @paradonym
    @paradonym Год назад +1057

    Johnny: "we have to make lottery tickets a business expense"
    Team: "okay"

    • @bjbarlowe
      @bjbarlowe Год назад +68

      If he wins it’s a personal expense. If he loses it’s a business expense. 😂

    • @kaleb51
      @kaleb51 Год назад +25

      *Team: "bet"

    • @daimsaeed
      @daimsaeed Год назад +6

      Irs: you might regret this

    • @geosync9742
      @geosync9742 Год назад +4

      Johnny has it all figured out. His life is a business expense from the electronics to the travel.

    • @dbz9393
      @dbz9393 Год назад +2

      Good fucking luck explaining that to the tax man

  • @CP-oc3nz
    @CP-oc3nz Год назад +277

    my father was a brave worker and he spent a good part of these wages on lottery and horse races, today he is over 70 years old, has never won a single faith and lives in social housing, it is one of my best life lessons 😊

    • @charlesgale4257
      @charlesgale4257 Год назад +10

      better than cigarettes i guess

    • @alwye
      @alwye Год назад +12

      Cancer?

    • @julius43461
      @julius43461 Год назад +2

      @@charlesgale4257 Yeah my father smoked so much, that he could have probably bought a house if he saved all that money over the years. Can't say what's worse.

    • @julius43461
      @julius43461 Год назад +3

      @@alittleeager1485 And you should say that about everything. It's just that cigarettes are way worse than any of those things. Super expensive, and you are still hungry after you smoke. At least if you are eating a burger each day you took care of one of your basic needs.

    • @aaronchilds4539
      @aaronchilds4539 Год назад +1

      The fed an state tax rate is true

  • @xtatik-2
    @xtatik-2 5 месяцев назад +108

    My wife & I would always tell my grandmother she needs to stop buying loterry tickets & giving 10% of her income to her church bc she was already in so much debt. She got to the point where she would scream at us trying to convince us she does neither. After she passed, we find all kinds of receipts & paperwork that she indeed did both. She gave away so much money & played the lottery like a psychopath thinking she was going to win canceling out all of her debt.
    My wife & I both refuse to do any kind of gambling, nor do we voluntarily give away any of our money to anybody or business/corporations that have their hands out. We work hard for our money & the government already STEALS more than enough in taxes from hard working middle class families as it is, so we will never give not even an extra penny willingly. It's absolutely ridiculous how much extra money the government gets from various "deals," yet we are still trillions in debt.

    • @placeholdername0000
      @placeholdername0000 4 месяца назад +2

      Read up on Strongtowns and the growth Ponzi scheme. It doesn't explain everything, but it does explain some of the bad economics going on. Especially in the US, but unfortunately also in many other countries.

    • @genkidesu4325
      @genkidesu4325 3 месяца назад

      The government is overgrown and corrupt. Elon musk spoke about a government efficiency oversight board. American leadership needs to be better, these taxes are pure communism

    • @lsowner10
      @lsowner10 3 месяца назад +5

      Give your money to a church for what?

    • @Leslie-zn9ly
      @Leslie-zn9ly 3 месяца назад +1

      @@lsowner10exactly they’re aren’t helping the community either. Very few do, so choose carefully.

    • @tshirtfactory07
      @tshirtfactory07 3 месяца назад +2

      ​@Leslie-zn9ly the church my wife likes to drag me and our boys to has a coffee and donut budget that exceeds my annual income. This is for coffee and donuts for 2 services per week. TWO!!!!!

  • @CeeJayLerod
    @CeeJayLerod Год назад +796

    I wouldn't even say it's a case of lack of education, but rather a case of exploiting desperation. I know I spent the most on the lottery when I was about to lose my own house. I knew that the chances were almost impossible that I would win, but it was like I was hoping for a miracle to change my situation. A miracle I could opt into. That 5$ I was spending on the ticket wasn't going to get me out of my situation, even if I saved it, but even it was unlikely, it could resolve everything if I had won.
    So yeah, I think reframing it from "uneducated" to "desperate" would change a few perspectives.

    • @shawnsalm1109
      @shawnsalm1109 Год назад +24

      Thank you, I was going to make this point as well, but you nailed it.

    • @CharliMorganMusic
      @CharliMorganMusic Год назад +17

      It's not "desperate." I'm poor, but I can also do math, so it's a tax on people who are stupid. This often includes poor people, and we should be realistic about who is paying for these things.

    • @CeeJayLerod
      @CeeJayLerod Год назад +59

      @@CharliMorganMusic This to me sounds like somebody telling someone else that professional wrestling is fake. The vast majority of people who watch wrestling know its fake, and still chose to enjoy it, while I know a ton of people that know full well that their chances of winning the lottery are close to nil, and yet choose to participate anyways.
      It's the same kind of comment that leads addicts to hide their addiction, because they're afraid of being seen as dumb (as often repeat that kind of comment to themselves, leading to worse outcomes). Assuming that everyone who plays the lottery is "dumb" isn't realistic, it's detrimental, and leads to avoiding the problem instead of resolving it.

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson Год назад +9

      It's a tax on hope from the poor.

    • @thesorrow1521
      @thesorrow1521 Год назад +2

      @@CeeJayLerod Yeah but Wrestling is fun to watch and is worth the money. I get what you are trying to convey though and you are right to some extent, but while the majority of people who play lottery fully know it is unlikely to win, not that much know that it's more likely that they get struck by lightning twice than to win the jackpot.

  • @maiastela
    @maiastela Год назад +359

    I used to work part time at a supermarket, and people coming to buy/check their lottery tickets were the WORST clients. A couple even called me stupid for not understanding their weird lottery jargon… yeah, because I’m not the one spending hundreds on that… rightttt

    • @nabri-nfg3262
      @nabri-nfg3262 Год назад +19

      😒 they have habit of pulling tickets out there ass or asking for another ticket right as you close the transaction

    • @nabri-nfg3262
      @nabri-nfg3262 Год назад +16

      @@aleks-wy6uf 🤣 yeah bro, yet they keep complaining that they have no money and they need a winner and shit
      ¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯ buts it's probable I'm stupid

    • @atharvajumde52
      @atharvajumde52 Год назад +7

      Same experience. People won 10$ and buy more to tickets from that smh

    • @GeneralChangFromDanang
      @GeneralChangFromDanang Год назад +3

      "Yo, I need a pick 3 double down power play."

    • @beep6202
      @beep6202 8 месяцев назад

      Oh man same. I worked a service counter and never once understood the lottery lingo.

  • @Baby-ob1yf
    @Baby-ob1yf Год назад +865

    Here in the Philippines, part of the lottery money goes to helping people with their medical bills. People line up to ask for financial aid every day. As a cancer patient, it has been immensely helpful for me.

    • @IntergalacticSpaceKitten
      @IntergalacticSpaceKitten Год назад +44

      I'm sorry to hear about cancer. I know it has to be tough and exhausting, physically and mentally. And yeah, I believe that any financial stuff should always be the LAST thing a person fighting cancer should be thinking about. That's so much extra stress to put up with on top of it all. Anyway, I hope everything is going well for you ♡ 💪Keep fighting, hun and much love and hugs to you! ♡
      And FUCK CANCER. I hope and pray for a cure someday very soon.

    • @cocojamonica
      @cocojamonica Год назад +69

      Sadly, we have this instead of socialized healthcare

    • @28russ
      @28russ Год назад +18

      That's shit mate. No one deserves fuckin cancer. Hope the money helps you kick it's arse. Good luck with the fight and I hope the universe lets you win the lottery of life 🙏🙏🙂

    • @johnlando8557
      @johnlando8557 Год назад

      Yep a portion of money being used, are for charitable works. And also recently almost 400 people won the jackpot on a single night. You better check it out.

    • @Ayd1th
      @Ayd1th Год назад +9

      the harms of gambling outweigh the benefits by a thousandfold

  • @ImportedFromSerbia
    @ImportedFromSerbia 3 месяца назад +8

    What most people don't see or realize is that your odds of winning the lottery are 1 in 300 million, and only 3-4 times a year does someone win the lottery. They let someone hit the jackpot 3-4 times a year. And the odds of the machine are high, because the machine has to pick numbers that none of us have played, and the strange thing is that the machine always wins, draws numbers that nobody has played.

    • @Noone-l6g
      @Noone-l6g 2 месяца назад +1

      There be a lot of numbers

  • @hiddehohmann4315
    @hiddehohmann4315 Год назад +253

    In The Netherlands this was actually criticised in the news a couple of years ago. Now the government passed laws to make their lotteries less attractive, by having limited commercials without celebrities and the lottery stands should be less prominent sight in stores.

    • @Monkehrawrrr
      @Monkehrawrrr Год назад +9

      Most of this video is fluff... like at least 80%+

    • @28russ
      @28russ Год назад +5

      @@Monkehrawrrr Huh?? What's ya problem with this vid? He has to put some entertainment value in it or no ones gunna watch it. And he came to the right conclusion. Did ya want it to just be 30 secs long and for him to say the lottery is a tax on the poor, stupid and desperate and that's it with no context......100% of your comment is incomprehensible. 🤷‍♂

    • @28russ
      @28russ Год назад

      Down here in Australia we literally have the highest rate of gambling in the world and there's heaps of gambling ads on the TV followed by some quick "gamble responsibly" bs and a gamblers help line phone number the Government forces em to up to pretend they care even though the Government makes a shitload outa taxing gambling. There's slot machines or poker machines or pokies as we call em in every pub or club. Most countries like the U.S. only allow em in casinos. But they're bloody everywhere down here.

    • @deviouslaw
      @deviouslaw Год назад +4

      Or if they just stopped, that would be another good option.

    • @chrisjackson1889
      @chrisjackson1889 Год назад

      Another thing the Dutch has done right

  • @rhodrambles3943
    @rhodrambles3943 Год назад +950

    I sort of knew the lottery was a tax on the poor, but had never thought about how the money is taken away from poor areas and given to programmes that dont benefit them. Really interesting way of framing it.

    • @quasii7
      @quasii7 Год назад +25

      *tax on the uneducated

    • @buzinaocara
      @buzinaocara Год назад +17

      @@quasii7 he gets it. If you wanna play deconstryction games, then go all the way with them. Don't just switch one bad generalization for another.

    • @LexlutherVII
      @LexlutherVII Год назад +8

      i also have a feeling that people who win are actors!

    • @itsytyt5192
      @itsytyt5192 Год назад

      hg

    • @EsotericDichotomy
      @EsotericDichotomy Год назад +12

      I don't like the lottery because it takes advantage of the uneducated, but I think calling it a tax is silly when it is voluntary. (Setting aside those who do or don't believe in free will vs determinism) no one forces people to buy a lotto ticket. To me it is less a tax, and more just a predatory scheme.

  • @jer103
    @jer103 Год назад +93

    I use to work at a gas station. One customer would come with $700 in cash, and would put it on Powerball tickets every week.
    It was a pool of 14 workers at some company that tried to win the lottery.
    You see on each ticket would win 15% to 25% back, as I was the one scanning the tickets.

    • @joeyvindictive3552
      @joeyvindictive3552 Год назад +5

      That's actually phenomenal return for them. At my job we would pool together half that amount for Powerball, about 35 of us, $10 each, and every time we would win between $6- $15. So the people you're talking about did very well
      Edit- I don't mean $6 - $15 EACH, I mean total for us to split 🤣

    • @Blanka44447
      @Blanka44447 3 дня назад

      If they're PowerBall tickets wouldn't they be getting all the money back if someone won or none at all?

    • @jer103
      @jer103 3 дня назад

      @@Blanka44447 They would win, but it would be small denominations that would be winners. They weren't winning $100k, or the jackpot. They would win $1, $10, $50, and $100 - but nothing higher.
      (It's how the lottery is set up. To give you back some payback, but you are always loosing more than winning. Really, all gambling works this way.)

  • @RubberDuck-5000
    @RubberDuck-5000 5 месяцев назад +45

    3:43 end of sponsorship

    • @theextrastuff
      @theextrastuff 3 месяца назад +1

      Thanks dawg

    • @StarSapphire93
      @StarSapphire93 3 месяца назад +2

      You're out here doing the Lord's work

    • @RK-cj4oc
      @RK-cj4oc 3 месяца назад +1

      Thanks.

    • @Last_Chance.
      @Last_Chance. 3 месяца назад

      ​@@StarSapphire93is that you Theo!?!

  • @JimmySaul888
    @JimmySaul888 Год назад +97

    My grandfather used to call the lottery "The Fool's Tax." It's the only tax you don't have to pay.

    • @kap1526
      @kap1526 2 месяца назад +1

      What you mean? They tax over 30% on your total winnings

    • @JimmySaul888
      @JimmySaul888 2 месяца назад +1

      @@kap1526 Ummm. He meant you don't have to buy the tickets that will almost certainly lose you money in the long-term.

    • @turtleanton6539
      @turtleanton6539 Месяц назад

      ​@@JimmySaul888yes😅😅😅

  • @altrimdjaferi8167
    @altrimdjaferi8167 Год назад +103

    Fun fact: in Germany the lottery winner is not taxed from the government because according to German laws everything that you win in Germany its tax free

    • @ZachBobBob
      @ZachBobBob Год назад +6

      Winnings are tax free in most countries I think

    • @altrimdjaferi8167
      @altrimdjaferi8167 Год назад +9

      @@ZachBobBob not in any country some countries tax your winnings for example the USA

    • @ZachBobBob
      @ZachBobBob Год назад +9

      @@altrimdjaferi8167 Yeah the USA is an outlier is what I'm saying

    • @pegcity4eva
      @pegcity4eva Год назад +2

      Same as Canada

    • @henvdemon
      @henvdemon Год назад

      @@altrimdjaferi8167 the usa would tax us on air we breathe if they could. Nothing is off the table for those parasites.

  • @buggieboi1988
    @buggieboi1988 Год назад +1348

    Imagine if Johnny had won the multi million dollar lottery while filming. The video probably would have taken a totally different turn. 😂

    • @lookinaroundguy
      @lookinaroundguy Год назад +57

      Alternate universe

    • @deivclayton
      @deivclayton Год назад +50

      I would hope if he had, he'd pull a Mr. Beast and help some poor people with eye surgery or something good like that.

    • @juju8462
      @juju8462 Год назад +33

      ​@@deivclayton I would hope if he had he spend it on a big fireworks show, and a lifetime supply of doritos

    • @LisaCulton
      @LisaCulton Год назад +2

      He wouldn't complain if he did.

    • @MichelleGarciaReporter
      @MichelleGarciaReporter Год назад +4

      Why was I really hoping this would happen?! 😂😂

  • @brenda44414
    @brenda44414 9 месяцев назад +12

    In the small town I live in I see the lowest income people spend the most money on scratch offs.

    • @ViceCoin
      @ViceCoin 5 дней назад

      The Bronx has 1.4 million, but never wins.

  • @daisei-iketani
    @daisei-iketani Год назад +346

    Interesting topic and very informative. Here in Japan, the lottery winner is kept secret and there are no taxes paid on winnings. You could win and not have to worry about long lost relatives suddenly showing up on your doorstep! 😂

    • @misterserious3522
      @misterserious3522 Год назад +1

      The potential to just keep it all and pretend there are secret winners is too great as goverment is by definition ritualized corruption and manipulation of the general public. Power always corrupts and there is never enough money or power for the corrupted to be satisfied.

    • @Oblivisci........
      @Oblivisci........ Год назад

      You don't live in Japan quit lying you weaboo.

    • @gclayt1054
      @gclayt1054 Год назад +37

      I think that means that nobody’s winning.

    • @henvdemon
      @henvdemon Год назад +71

      Announcing who won the lottery is honestly pretty screwed tbh.

    • @esuil
      @esuil Год назад

      @@henvdemon AFAIK in US, in many states you can refuse to be announced. But because lottery is mostly used by low education people, they usually don't understand they can refuse to be announced and don't hire lawyer before collecting their winnings. There are lawyers who specialize on lottery winners and will help you to do everything without broadcasting your name, but most winners just rush in, agree to everything and get the money, without any planning or hiring the lawyer/adviser, because, well, they are mostly low education part of the society.
      There are also options on taking the winnings using trust instead of as a person. But yeah, even in states that allow this, many people still go with media rush.
      And even if your name is announced as a winner, the only things announced are name, city and the store you got the ticket. You can simply move the state/city and change the name after that, you will have money for that.

  • @TheEclecticDyslexic
    @TheEclecticDyslexic Год назад +239

    Just a note about better help (your sponsor). They have been giving away patient data to social media companies. IE they are giving your medical information to Facebook so they can advertise to you based on your private medical data. (Targeting you specifically knowing you have some diagnosed disorder) Don't use them, the company is shady AF.

    • @adikul358
      @adikul358 Год назад +6

      source?

    • @Mrbe.ast6000
      @Mrbe.ast6000 Год назад

      ​@@adikul358 search up denver7 betterhelp.
      There is an article about it.

    • @harshsrivastava9570
      @harshsrivastava9570 Год назад +6

      @@adikul358 there are many, a quick search will show you some studies

    • @UsernameOG0
      @UsernameOG0 Год назад +3

      Advertising therapy is trendy these days… we all need to talk to someone about our feelings 🤡

    • @haruntekin6724
      @haruntekin6724 Год назад

      Burden of proof is on the accuser. Yes, I looked it up and you have a valid point, but all the people reading your comment without a source is shady in itself. That's how disinformation spreads.

  • @KingBobXVI
    @KingBobXVI Год назад +490

    It would be interesting to see a followup video covering the outcomes of people who _do_ win the lottery. I often hear that for a lot of them, it doesn't end well, because they aren't used to having so much they spend through it all very quickly and can end up poorer than they were before, or they get hounded by relatives and it can ultimately break their social life. Not sure how often that is vs better situations, but it would be interesting to see a data-driven breakdown if there is one.

    • @Graysandal4332
      @Graysandal4332 Год назад +12

      Ive even read that its way, way more common for lottery winners to end up worse vs the opposite. Like only a few make the right choices

    • @JWQweqOPDH
      @JWQweqOPDH Год назад +35

      They also are swarmed by scammers. Rich people can hire loyal advisers because those advisors know that they can achieve a long successful career advising people with stable and high income. Also conventionally rich people have connections to other powerful people who can share the reputation of these advisors. Not only are lottery winners less financially aware, there's no practical reason for anybody else to give them good long term advice.

    • @Dominator9572
      @Dominator9572 Год назад +15

      I've heard of lottery winners waiting to come forward, and paying someone to claim it for them to be anonymous.

    • @BenDurham
      @BenDurham Год назад

      Apparently you're a lot more likely to die if you win the lottery. Like... By a lot. For money reasons.

    • @amosbackstrom5366
      @amosbackstrom5366 Год назад +6

      ​@@Dominator9572 That's a pretty smart move, and taking the money over time is the only way to go... How could anyone possibly need so much at once that they'd be willing to lose half of it altogether?

  • @djtrigger90
    @djtrigger90 8 месяцев назад +12

    Statistically you will never win the lottery. However statistically someone has to win... the risk/reward is there for the $2 games if you only play a few times a year when the jackpot is enormous but yes when people start gambling 25% of their income it's a problem.

  • @jonblaze333
    @jonblaze333 Год назад +142

    I hate being at a convenience store in line behind a lottery fanatic. They always take FOREVER!!

    • @Master-fj5xo
      @Master-fj5xo Год назад +6

      Amen

    • @Purepresa
      @Purepresa Год назад +2

      Totally agree
      Move out of the way!

    • @tropicalOG24
      @tropicalOG24 11 месяцев назад +2

      😂 funny I always say the same

    • @heatherduke7703
      @heatherduke7703 11 месяцев назад +2

      Just the other day I was at the train station trying to buy my sandwich and coffee before I caught my train and the person in front of me was cashing in their tickets and deciding how many more tickets to buy with their "winnings" 🤦‍♀️ I was getting super antsy thinking I'd miss my train. The line behind me grew to like 7 people when it started with just the one lady. I really don't think these transactions should happen person to person at a place like a train station 😅

    • @VirgilJohnson-gc6vd
      @VirgilJohnson-gc6vd 3 месяца назад +1

      Yea,"What number is that ticket". "What's the number on that other roll"

  • @maddie8415
    @maddie8415 Год назад +94

    Thank you so much for calling this out for what it is. The thing about the lottery that bothers me the most is that the people more likely to regularly buy tickets are those who struggle enough financially that their biggest problems *would* be solved if they won...despite the fact that what they spend on these tickets is overall a bigger loss than it would be for someone who is well off financially. The entire thing feeds on desperation...and I don't blame anyone for feeling compelled to participate. But it's all just the same trap as gambling, and any attempts the government makes to distinguish it from gambling only make people even more vulnerable to it. It's all just a way to get the people with little money to spare to take a disproportionate role in funding the government (and others involved in the lottery).

    • @Thewinner312
      @Thewinner312 11 месяцев назад +2

      But he is not "calling it out for what it is". The lottery is not a tax on the poor. Taxes are mandatory, the lottery is not.

    • @Mr_T.
      @Mr_T. 8 месяцев назад

      @@Thewinner312 While participation in the lottery is technically voluntary, its regressive nature, disproportionate impact on low-income individuals, and broader societal implications suggest that it functions, to some extent, as a tax on the poor.

    • @Thewinner312
      @Thewinner312 8 месяцев назад +1

      @@Mr_T. You have just said literally nothing. You have only queued up a few pseudo-intelligent words that don't mean anything. Like how is something "technically" voluntary? Either you have to do something or you don't. Nobody has to play the lottery, making it voluntary. Just saying the word "technically" before a fact, doesn't change that it's a fact.

    • @Mr_T.
      @Mr_T. 8 месяцев назад

      @@Thewinner312 Damn conservatives, always thinking in black & white. Gemini seems on the mark for a pseudo-intelligent AI.
      There are situations where an act appears voluntary on the surface but may have underlying factors that limit true free choice. Here are a few examples, including the lottery:
      1. The Lottery:
      Limited Economic Opportunities: For people in poverty, the lottery might appear as a chance for a better life, a way out of their economic hardship. However, the odds of winning are very low, making it an unrealistic solution. This lack of realistic alternatives creates a situation where the lottery, despite its low success rate, seems like the only option.
      2. Unfair Contracts:
      Power Imbalance: Someone in a desperate financial situation might agree to a loan with unfair terms because they urgently need the money. While they technically agree to the contract, the unequal bargaining power creates pressure that limits their ability to make a truly free choice.
      3. Coercive Advertising:
      Exploiting Vulnerabilities: Advertising that preys on insecurities or fears can manipulate people into buying unnecessary products. The act of purchase might be voluntary, but the underlying pressure or emotional manipulation reduces genuine free will.
      4. Limited Education or Information:
      Deceptive Marketing: Someone might agree to a service or product based on misleading marketing. Without complete information, their decision is not based on a truly free choice.
      5. Addiction:
      Compulsive Behavior: People struggling with addiction may engage in harmful behaviors voluntarily, but the addiction itself limits their ability to make rational choices.
      Key Points to Consider:
      Voluntariness and Pressure: The presence of pressure, limited options, or manipulation can make an act appear voluntary but cast doubt on the true freedom of choice involved.
      Context Matters: The context surrounding a decision is crucial. A seemingly voluntary act might be less so when considering the underlying circumstances.
      The lottery example highlights the limitations of free will when economic hardship restricts realistic options. People are "voluntary" in their choice, but the context of poverty makes the lottery seem like a more viable option than it truly is.
      By understanding these complexities, we can have a more nuanced understanding of human behavior and decision-making.

    • @peter-ek3uh
      @peter-ek3uh 7 месяцев назад +1

      @@Thewinner312 The most humane thing we can call the lottery. And I mean calling it for what it really is. A fraud....or a theft.

  • @Primo_extracts
    @Primo_extracts Год назад +127

    I've been wondering why schools never seem to have enough funding to do what they need to get done. This was a great investigation. Thank you.

    • @LisaCulton
      @LisaCulton Год назад +4

      They do have enough funding. Public schools have even more funds available than private schools.

    • @Primo_extracts
      @Primo_extracts Год назад

      @@LisaCulton maybe where you're from schools have enough money but not here in America

    • @LisaCulton
      @LisaCulton Год назад +4

      @@Primo_extracts That was in South Carolina where my son had been enrolled in both a public and an expensive private school and I looked up the (publicly available) spending per student in the public schools... And found out that thousands more were spent on the public school children as compared to the upscale private school. Very interesting.

    • @joez.2794
      @joez.2794 Год назад +3

      No government institution will ever have "enough funding."

    • @darkevilazn
      @darkevilazn Год назад

      @@LisaCulton In SC, are private schools that don't discriminate with student enrollment allowed to claim some form of government funding?
      But, I wouldn't be surprised, since most things are supplied by the school in public schools, but you have to pay for almost everything in private schools. I don't actually know if your private schools include extraneous expenses in tuition costs. Most of the private schools I know are pretty expensive since tuition doesn't cover the other costs like equipment, food, books, specialized uniforms, etc.

  • @lowkeyal904
    @lowkeyal904 11 месяцев назад +7

    in the uk the national lottery uses its money for local causes such as community centres, building restoration, etc. An example was then giving alexandra palace £1million for restoration/renovation

  • @whistlepig
    @whistlepig Год назад +290

    "The lottery makes taxes fun." That may have been my favorite line. Thank you for this video and for the insightful look into this tragically unethical form of taxation.

    • @seuri678
      @seuri678 Год назад +5

      I do not think it is unethical, it is a service you can take it or leave it. The government has to use their more wisely and addicts are a problem.
      There is also a good reason for higher earners to not take the service as for me 20M more would not change my life significantly. It will most probubliy mean more work.

    • @henvdemon
      @henvdemon Год назад +2

      rather have the lottery instead of taxes personally. Be alot more appealing tbh.

    • @jasondashney
      @jasondashney Год назад +3

      It's not a tax literally nor figuratively. You pay a set fee for a chance at a set reward. That's literally it. Where that money goes is irrelevant. A tax is money paid directly to a government for a service. This is not that. And I think it's on ethical to deny people who are poor the chance to win millions of dollars for a tiny charge. It's also arrogant because you're assuming that the poor are stupid and don't know what they're doing. They know the odds of winning are incredibly low.

    • @sophiehanson5559
      @sophiehanson5559 Год назад +3

      I’m an accountant who should never been seen in a casino

    • @Nick_80599
      @Nick_80599 11 месяцев назад

      Yes! Tax doesn't have to be taxing. Another one tobacco especially in Australia,Ireland and the UK. Its over $20 dollars for a pack of cigarettes in Aus

  • @wanderingohm
    @wanderingohm Год назад +50

    Something that I think is intresting is what happened in the UK.
    Camelot was/is the company behind the national lottery which was the first lottery we had in the 90s
    It was up for renewal several years ago and Branston wanted to buy it and call it the people's lottery. His concept was more winners of a million and a million cap on the prize.
    This absolutely didn't happen.. He was villanised in the media instead and the national lottery just exploded with bigger games and lower chances of winning

    • @WilliamStevens007
      @WilliamStevens007 Год назад +8

      I wonder if things will change now scamolot have lost the lottery. I have played both the lottery and euromillions from the start and never won more than £200 and in fact have only won twice both being under that 200 quid. I feel that it is just a tax on the poor and they play on the fact that the poorer element of society play it in the almost impossible belief that oneday those numbers will come up. But they won't will they.

    • @matts2080
      @matts2080 Год назад +1

      Idk my mom's allotment has had loads of funding from the lottery so it's good occasionally sometimes

    • @raybrown10001
      @raybrown10001 Год назад +1

      A lot of recent British Olympic success was bankrolled by the lottery. It allowed athletes to give up their part time jobs and train full time.

    • @jaysmith2858
      @jaysmith2858 Год назад

      The public has no say when it comes to where the money goes. If you look into who/what gets lottery funding you'd be very surprised, if not shocked and even outraged.

    • @michaelhaywood8262
      @michaelhaywood8262 Год назад

      In GB instead of buying lottery tickets you can just make a one off investment in Premium Bonds. These go into a monthly draw FOR LIFE, the prizes range between £25 and £1m. Your heirs get the money back when you die. So all you lose is the interest you would have got on your investment.

  • @MrFriday123
    @MrFriday123 Год назад +87

    I live in Alabama where we don’t have a lottery but everyone around me begs about a lottery and I have always seen it as a scam. Like whenever we would go out of state we would get one and get nothing

    • @Abdulmajid99o
      @Abdulmajid99o Год назад +2

      Bing joker lottery
      Win Win Win Win
      Johnny lottery Pottery
      Win 20 million dollar.
      It's good thing because we made money part time.
      Start tickets for 1$ buck to 10$ dollar
      Spam

    • @EsotericDichotomy
      @EsotericDichotomy Год назад +5

      It is a scam, pray it never gets okayed in your state

    • @Alsatiagent
      @Alsatiagent Год назад +4

      Whether you save those few dollars for a beer, an investment or give it away to a church or homeless stranger, you will have done yourself a service, Mr Friday.

    • @MrFriday123
      @MrFriday123 Год назад +2

      @@Alsatiagent for some reason people around me beg for it

  • @ayden3461
    @ayden3461 8 месяцев назад +22

    There should be transparency and a accountant that investigates the lotto.

    • @DrBallSac
      @DrBallSac 3 месяца назад +3

      Yeah like whom exactly gets all these millions and billions and how if every country on earth generates such money how does the interest invented from this on a weekly and monthly basis actually effect the global economy

  • @chench1lla
    @chench1lla Год назад +143

    As someone with major depression and given up all hope, I am completely immune to gambling.

    • @PlatypusPvP
      @PlatypusPvP Год назад +9

      Jesus can give you hope. No depression can stay when you find your identity in Him! There's so much purpose for you.

    • @aemi_sa
      @aemi_sa Год назад +1

      i like how u saw the positive here. i bless u

    • @athenaraines
      @athenaraines Год назад

      The mental health equivalent of being immune to malaria because of sickle cell anemia

    • @samuhlm2
      @samuhlm2 Год назад +1

      Sounds like you haven't found the right game or type of gambling! ;)

    • @joshuataylor3550
      @joshuataylor3550 Год назад +7

      Pretending there's a sky man can only make your depression worse because god is obviously evil if he's real. Look around you.

  • @MickDavies
    @MickDavies Год назад +84

    I worked as a coding contractor at the biggest lottery business in Australia and learned a lot from the existing staff I worked with. We went through the actual calculations and statistics of winning Powerball, mind blowing stuff. I’m not a gambler so I have only ever bought 2-3 tickets in my life. You have a higher chance of being hit by lightning twice before winning Powerball in Australia, it would be significantly worse in the US (24M vs 330M population)

    • @kawaiipoop3160
      @kawaiipoop3160 Год назад +3

      Do they rig the lottery ?

    • @JustWesley.
      @JustWesley. Год назад +7

      @@kawaiipoop3160 Well, for the powerball it's not really rigged.. everyone buys it making the prize bigger, until they show the winning numbers but the odds of being that special person are very very low.

    • @dogguy8603
      @dogguy8603 Год назад

      ​@@kawaiipoop3160no, the mathematical and statistical odds are just shit for the gambler

    • @sunsetgarage755
      @sunsetgarage755 Год назад

      I love how people win lotto every week, but apparently lots of people are getting struck twice by lightning every week. Must be such a boring news topic that nobody even bothers to report on it anymore. Your statistics suck.

    • @bzipoli
      @bzipoli Год назад +1

      ​@@kawaiipoop3160they don't need to. just do the math. here where i live they have to legally put the odds in the little thing you put the numbers in
      it's simple school maths, just apply to the lottery your curious about to see how hard it is

  • @TheMELTDOWN911
    @TheMELTDOWN911 Год назад +24

    WOOOHOOOO! Thanks man! I feel STRONG after watching this video, I was born poor, I NEEEEVER purchased a lotto ticket nor scratch things in my 51 years of life, many of my Hispanic family members have spent "mucho dinero" all their life buying everything, all the lottos and scratch tickets possible, I worked hard all my life and became a business owner so now at 51 I just receive money from my properties so I don't have to work just keep my renters happy, sadly most my uncles still poor at 70 buying lotto tickets with the social security check...is sad...the Government (Republican or Democrat) always taking from the poor...

    • @imibuks-replit
      @imibuks-replit Год назад +1

      Glad you lived(living) a good life with no lotto scams

    • @TheMELTDOWN911
      @TheMELTDOWN911 Год назад

      @@imibuks-replit Thanks! I Thank GOD because he made me too "cheap" to buy lotto tickets LOL! for this reason I have never visit Las Vegas, no way Jose! : )

    • @julius43461
      @julius43461 Год назад +1

      @@TheMELTDOWN911 I tried gambling when I was a kid, and I like to say that I was lucky to have never won any money. So in a sense, I really got lucky early. People who got "lucky" early, are still hooked hopping they can repeat that.
      The thing with me is, I barely respect the money I earn, and I still spend excessively. If I were to get a huge pile of money, it would destroy me completely. It's not just the money, but it would revive my ego and my illusions that universe does look after me after all. I would never recover my working habits, as I would now live in a universe where it is indeed possible to gain a lot of money without putting in a serious effort. I could never focus on work, because I would knew that there is a easy way out. It would make me a gambling addict forever.
      So, I prefer living this boring life, where I have to work hard for everything.

    • @TheMELTDOWN911
      @TheMELTDOWN911 Год назад

      @@julius43461 You are the leader of your own destiny, never give up, but respect money, I guess I do respect money because when was a kid had nothing, my dad left us, so most of my childhood had nothing no toys no new clothes no fancy tennis shoes, only could afford buying second hand clothing, my childhood and teenager years were really bad, I even thought to be a drug dealer, Thank GOD I had a Mother who kicked my behind all the time, now at 51 and retired from work only living from the rent of my properties, really appreciate the way mom raised me, with a frickig belt on the hand at all times, I suffered a lot as a kid, I could even say I was abused, but Thanks to that, I live free now, good luck my friend and please respect money is the only way to be free, see I can afford a new Mercedes or BMW, but I drive a 2008 Ford Focus....

  • @BallerDan53
    @BallerDan53 3 месяца назад +13

    You know what else is a tax on the poor? Every other tax. The IRS doesn't go after the rich.

  • @alexanderstauber
    @alexanderstauber Год назад +26

    The good thing about german Lotto is that the winners can stay anonymous, they don't need to pay taxes on the win, the lottery has really strict advertisement rules and the lottery has to pay taxes which helps the federal state in which the people spend the money.

    • @stevemill8959
      @stevemill8959 10 месяцев назад

      Wow we are over taxed here our founding fathers are rolling in their graves

    • @scifirealism5943
      @scifirealism5943 4 месяца назад

      Wow.

    • @AITrumpTruth
      @AITrumpTruth 3 месяца назад +1

      Same in Australia

    • @fredricostevenson2074
      @fredricostevenson2074 3 месяца назад

      America government is the biggest crooks the world has ever seen

  • @Rathial
    @Rathial Год назад +41

    I've never bought a lottery ticket or even bothered to follow up on tracking the random ones I've gotten as "gifts". They always seemed like a wasteful scam to me.
    Honestly it's depressing seeing people throwing their money away like that especially when they clearly need their money and are already extremely poor.

    • @Jspec03
      @Jspec03 Год назад +5

      Yup. Tryna talk my friend out of this habit but he wont listen. Lottery preys on willing, desperate, and broke people making them even more broke. Sad stuff.

    • @donaldlyons17
      @donaldlyons17 Год назад

      @@Jspec03 If they are already broke they are broke either way.... Even if they win something that might not change....

  • @yasu-ekarunaratne569
    @yasu-ekarunaratne569 Год назад +166

    I am an economist from Sri Lanka and I find your knowledge in economics just amazing ! I love how you are educating the public !

    • @marielaausher
      @marielaausher Год назад +6

      I think I remember him saying in a video that he has a degree in business or economics, something like that

    • @ronjose51
      @ronjose51 Год назад +1

      I don’t know man ya should of hired more economists for sure

    • @lapharge64
      @lapharge64 Год назад +8

      @@ronjose51 and you should HAVE hired an english teacher

    • @bhavanarayanasripada1354
      @bhavanarayanasripada1354 Год назад +5

      Btw, how is the economic situation in Lanka right now? Hope it's all good.

    • @yasu-ekarunaratne569
      @yasu-ekarunaratne569 Год назад +10

      @@bhavanarayanasripada1354 It's actually looking a little bit more promising, our inflation is reducing and the LKR is appreciating against the dollar. We are really tightening our belts, we have high import bans, but on the converse our exports increased due to the earlier LKR depreciation against the dollar. Also all eyes are on the government, they know they cannot afford another mistake ridden with political myopia. We are doing our best! Also thank you so much for your concern. It's really nice of you to inquire.

  • @herewegoagain6734
    @herewegoagain6734 10 месяцев назад +4

    When I was a kid in the 3rd grade, my math teacher asked us what the lottery was? We all answered things like a way to get rich ect. He procceded to tell us it was a tax on the poor and explained the math like in this video. It stuck with me and even tho my state has gambling machines everywhere I don't play. I wonder if any of my classmates remember that lesson.

  • @gerbenp394
    @gerbenp394 Год назад +40

    the fact that you imagine spending all the money is like the main reasons I usually buy one lottery ticket at the end of the year. in the Netherlands, the biggest price is 30 milion at the end of the year, it's tax free as well

    • @brosaus
      @brosaus Год назад +12

      That is the psychology behind it. The imagination of being able to spend an ungodly amount of money is what convinces people to buy for the first time. It's fine if you can spare those few dollars a year but if becomes dangerous if you lack self control. The addiction pitfall you could end up in is horrible and very difficult to get out of.

    • @mjc0961
      @mjc0961 Год назад +3

      @@brosaus Pretty much the only time I ever touch the lottery is when it gets really large and coworkers start doing pools to try and win it. And mostly for the joke of "you aren't winning and quitting and leaving me here by myself", I don't ever expect to actually win or start thinking about what I could do with it. And I never even think about the stupid thing when one of those work pools isn't happening. I could take the $2 and buy a candy bar or something. Still mostly a waste of money and bad for me, but at least I get to enjoy eating it for a few moments and that's more pleasure than a lottery ticket will likely ever give me.

  • @SunraeSkatimunggr
    @SunraeSkatimunggr Год назад +28

    I grew up in Reno, Nevada and learned really quickly that the "odds are always with the house", meaning the entity running the game wins much more than they pay out. I have news for you, most of your taxes are not tracked well and kind of disappears. This is no different.

    • @mateyp3365
      @mateyp3365 Год назад

      The lottery has particularly bad percentages. Good casino games generally return 95-98% of total bets to players. Still the odds are with them, don't get me wrong, but if I wanna gamble I'll always go to a casino- I've had some nice wins over the years.

    • @john_smith_john
      @john_smith_john Год назад

      @@mateyp3365 coping comment. "some nice wins over the years" most certainly means "lost money in total"

    • @AYVYN
      @AYVYN Год назад

      I lost a couple hundred at the blackjack table trying to impress a cute blonde girl. Soon my money was gone and so was the girl lmao

  • @jordandelosreyes5656
    @jordandelosreyes5656 Год назад +58

    To me, the lottery is like "selling hope". My dad is strongly against any type of addictive substance (alcohol, tobacco) yet he's been sucked into the lottery for as long as I can remember (even before big names such as MM or Powerball were released). I don't blame him as he had to work multiple jobs to stay afloat back in the 80s. The fact that he sees the lottery as an "investment" can illustrate what addiction does to a person.

    • @forrestyt1302
      @forrestyt1302 Год назад +3

      Daaanng .
      It's soo strange to me how a person can be against drugs and alcohol and other Addictions yet they themselve are stuck in gambling(which in your dad's case is lottery) and they don't even realise thats what addiction is.

    • @SweetSourPickle
      @SweetSourPickle Год назад

      ​@@forrestyt1302 Mental gymnastics.
      Alcohol, Ciggaretes = bad
      Lottery = good

  • @BB-gc8ox
    @BB-gc8ox 9 месяцев назад +38

    The lottery is a tax on people who can’t do math

    • @MuseseekerMan
      @MuseseekerMan 4 месяца назад +13

      It's better than a tax where you don't get a chance to become rich overnight. And it's a tax people get to choose to pay. And it's a tax that helps keep other taxes from being raised. How's my math?

    • @usaslastresort1126
      @usaslastresort1126 3 месяца назад

      @@MuseseekerMan100 years from now we’ll all know it was rigged you have no idea what’s going on behind the scenes yet you are so sure it’s positive

    • @davenetdog
      @davenetdog 3 месяца назад +3

      Best way to tax the poor.

  • @billardon514
    @billardon514 Год назад +119

    Insightful, well researched and important. Thank you! By the way, in Canada you don't pay taxes on lottery earnings as it would be considered double taxing.

    • @blueburyrs949
      @blueburyrs949 Год назад +1

      I believe here in quebec the prize money is taxed as it counts as revenue

    • @CodeineRadick
      @CodeineRadick Год назад +2

      ​@@blueburyrs949 Quebec is a waste of resources, too.

    • @SpaceXToMars
      @SpaceXToMars Год назад +2

      @@blueburyrs949 False, In Quebec, it is TaxFree

    • @blueburyrs949
      @blueburyrs949 Год назад +3

      @@SpaceXToMars thank you for the correction

    • @SpaceXToMars
      @SpaceXToMars Год назад

      @@blueburyrs949 my pleasure

  • @frozenfireplays9844
    @frozenfireplays9844 Год назад +92

    In Australia, it’s quite interesting because we have undergone privatisation of almost all of our state and National lotteries (Western Australia being the exception). I never realised why governments had the lottery beforehand but it does make me realise what a short sighted decision it was to sell off so we don’t even get the benefits anymore in tax. Thanks for the video Johnny ❤

    • @infernalstan886
      @infernalstan886 Год назад +16

      That's pretty similar to most privatisation that occurred under the LNP. From CommBank to the power companies, they seem to love giving nationalised things to their buddies on the cheap

    • @Mandem909
      @Mandem909 Год назад

      @@infernalstan886 same in the UK. Conservatives here love selling our public utilities and public services to private groups and their buddies. Rotten lot they are

    • @anthonyproctor5104
      @anthonyproctor5104 Год назад +3

      That's not true. The Lott is a State Government owned corporation. QLD.
      Some goes to state coffers whilst the rest goes to charities.

    • @jonnyspeed8974
      @jonnyspeed8974 Год назад +4

      They just award contracts for people to run it. Still state owned.

    • @sandponics
      @sandponics Год назад

      Who checks the legitimacy of the lotto and how prone are they to bribes?!

  • @rkenzie5235
    @rkenzie5235 Год назад +9

    I’m in Guatemala right now and it’s so interesting to see people selling lotto tickets from a huge stack on the side of the street.

  • @Curiositykilledgorge
    @Curiositykilledgorge 9 месяцев назад +7

    I always wondered why there is no lottery ticket machines at Whole Foods.

    • @9xqspx6
      @9xqspx6 2 месяца назад

      Boom Mic drop
      You said it all

  • @JohnBatcheller
    @JohnBatcheller Год назад +83

    I worked in an office of about 25 people and the lottery got to $100 million, so one co-worker collected $5 from everyone to buy tickets. After I gave my money another co-worker commented it is a bad idea for the whole office do this, because if we win, we quit!

    • @chrisbuckley1785
      @chrisbuckley1785 Год назад +16

      But I bet you didn't win and are just $5 poorer.

    • @FaithandNova
      @FaithandNova Год назад +23

      What’s the problem? Jobs replace ppl like they never knew the ppl existed 🥴

    • @TheRealLesterGreen
      @TheRealLesterGreen Год назад +4

      People ALWAYS way over estimate their chances of winning

    • @peter-ek3uh
      @peter-ek3uh 7 месяцев назад

      @@TheRealLesterGreenThe odds are zero it's all a hoax. Like Santa and the tooth fairy. Anyone who gets a payout has invested past the point of no return. The big ones Powerball and Megamillions. You have a better chance of swimming to mars and recording a hit record.

    • @peter-ek3uh
      @peter-ek3uh 7 месяцев назад +2

      God is pretty pissed off. God bought a Powerball ticket and when the lottery saw he had the correct# they reached in and pulled a couple numbers out. I think the rapture is coming!

  • @tystar115
    @tystar115 Год назад +68

    This one hit especially hard because as a person of color I grew up in a house hold where my parents would often played the lotto or bought scratch off tickets. They'd hope to win and get big pay outs and it never happened. The most they ever won was a few hundred throughout my childhood. I never understood why they'd throw away money just for the tiniest chance of winning. As I've gotten older and learned more about how insidious the lottery is I still see them both play. It's just sad because we live in a system that's failed them. Routes like education and work haven't been the way to the "American dream" or financial security. So why not spend the few dollars to have an instant shot at changing your life? Gambling and hope are a hell of a drug...

    • @judylandry302
      @judylandry302 Год назад +8

      Even as a person of no color, I share your experience with my parents, who lived payday to payday.

    • @judylandry302
      @judylandry302 Год назад +1

      @JOE-BlDEN No color. I suppose I'm transparently clear.

    • @judylandry302
      @judylandry302 Год назад

      @JOE-BlDEN Don't believe in religion.

    • @judylandry302
      @judylandry302 Год назад

      @JOE-BlDEN I do believe in my creator, God.
      Just not made up Corporate religions that benefit from control, power and money over and from the masses, by threatening them with hell, for non compliance.
      God's love is free.

    • @judylandry302
      @judylandry302 Год назад

      @JOE-BlDEN But it matters WHAT you are told to believe. Hmmm

  • @isabellefaguy7351
    @isabellefaguy7351 Год назад +294

    I keep watching and not being a patreon because I'm disabled and my social welfare check money is barely enough to keep me housed and fed. I can't feed someone else too. I do contribute in other ways, like sharing your videos to whealthier people who may potentially contribute in a monetary ways, liking your videos, writing comments and all stuff that helps with the algorithm. Keep the good work.

    • @Niki_Parvanov
      @Niki_Parvanov Год назад +14

      it also helps if you do not skip the ads, that's what I do :)

    • @obviouslymatt6452
      @obviouslymatt6452 Год назад +62

      @@Niki_Parvanov wtf bro johnny harris is rich asf and lives a dream life, you do not need to donate your time to give him money

    • @НикитаПетров-б1р4н
      @НикитаПетров-б1р4н Год назад +12

      @@obviouslymatt6452 he chose to do so.
      This is the way.

    • @codycast
      @codycast Год назад +9

      Yeah I have tons of money but don’t support him or anyone else on patreon anymore because it’s a garbage site that’s very anti free speech. Some of the people I supported on Patreon accept direct donations via other means. So I still support them. But any creator that still uses Patreon I’ve stopped helping even if they do offer other options.

    • @unheardunseeen
      @unheardunseeen Год назад

      You can say that about every major artist. Saying people seeking attention,

  • @degausserrr
    @degausserrr 8 месяцев назад +5

    im gonna remember that 66 bathtubs thing next time i start feeling lucky

  • @ShaytarnOffical
    @ShaytarnOffical Год назад +17

    2:26 Do one on the ‘Therapy Scam’ 😂😂

  • @alfredmayes5005
    @alfredmayes5005 Год назад +74

    While I agree with everything portrayed in this video, I can truly say that when you purchase a lottery ticket, and I’ve done so a handful of times over the years, the excitement of dreaming what to do with your potential winnings is what drives people to buy a ticket, especially when the pot gets over $250,000,000. Clearly the statistical odds of winning are horrible, but the thought of winning the prize is a rush. The same rush gamblers get. And that’s why I don’t play anymore. I might as well give a few bucks to someone that is downtrodden. That would have more redeeming value than buying a lottery ticket.

    • @kentjensen4939
      @kentjensen4939 Год назад +10

      You're more likely to be attacked by a shark in the middle of the desert.

    • @montaiahypolite5275
      @montaiahypolite5275 Год назад +1

      But if you win, you can help millions of more. It all starts with a dream honey, you will never win if you don’t play. A two dollar play is worth multi million dollar possibility to me.

    • @CIOZimbabwe
      @CIOZimbabwe Год назад

      @@montaiahypolite5275 you are not going to win the lotto!

    • @mounirnidzamar5586
      @mounirnidzamar5586 7 месяцев назад

      It's a chance you do not need any knowledge or anything else it's all about your luck why do you scam?!

    • @peter-ek3uh
      @peter-ek3uh 7 месяцев назад

      @@montaiahypolite5275 It's all fake. Every one of us would have known someone by now who has won. Maybe not next door. But it's a small world. They fight tooth and nail...to keep you from winning $500.00 on a pick3 game. Hundreds of one off tickets. You can spend $500.00 every night and like a miracle, the number falls on the other side of the spectrum!...The odds are not 1-1000 . The odds become zero. So...in light of that... I do not believe they would let just anyone win Mega or Powerball. There is a club. And we are not in it!

  • @spoiledveggie
    @spoiledveggie Год назад +304

    Johnny just keeps producing such high quality content and we get to watch them for free! Thanks Johnny

    • @whiterose7926
      @whiterose7926 Год назад

      Just unfortunate he's bought out by China

    • @LuchadorMasque
      @LuchadorMasque Год назад +14

      free? I know I'm seeing ads. ads ain't free.

    • @Abdulmajid99o
      @Abdulmajid99o Год назад

      Bing joker lottery
      Win Win Win Win
      Johnny lottery Pottery
      Win 20 million dollar.
      It's good thing because we made money part time.
      Start tickets for 1$ buck to 10$ dollar

    • @mateastman1765
      @mateastman1765 Год назад +6

      Nothing is "free"

    • @_Ben___
      @_Ben___ Год назад +1

      Like, that's just your opinion man.

  • @bigm980
    @bigm980 9 месяцев назад +2

    “The scam no one knows about: the lottery is a poor tax.”
    I thought everyone knew this.

  • @mikeyzgt68
    @mikeyzgt68 Год назад +37

    The most important part is that it's voluntary. I've never bought a ticket myself, but I've heard from people who do, that the little bit of hope they get and daydreaming about how they would spend the money is worth the dollar they spend on the ticket. Is spending a couple bucks on that vs a candy bar any worse?

    • @LabGecko
      @LabGecko Год назад +1

      Yes. Instead of hoping on some infinitesimally small chance of winning a percentage of millions of people's minimum wage jobs, they could have been taught in school to put that money into a savings account early, or use it to save up and start a business, or any number of other possibilities that have much larger chances of actually making money _and_ benefitting society at the same time. Instead, they are tricked into thinking the whole scheme isn't a scam.

    • @whattheyourgae9627
      @whattheyourgae9627 Год назад +2

      ​@@LabGeckoyeah cus a couple dollars will ever actually help if you put it in savings

    • @solaireof_astora
      @solaireof_astora 10 месяцев назад +1

      The problem is the average low income lottery spender spends hundreds of dollars of their income every year on this stuff. These tickets add up over time

    • @turtleanton6539
      @turtleanton6539 Месяц назад

      No😅😅

  • @akshatjain8052
    @akshatjain8052 Год назад +68

    We keep watching your video because you and your stories keep inspiring me. The fact that you are able to produce such great quality content on a regular basis, its amazing! Please keep doing this. Your knowledge and story telling has been extremely useful for me

  • @bonnyd.5334
    @bonnyd.5334 Год назад +36

    My first job out of college was with a New York State Lottery contractor. Because I worked for a lottery contractor, I was banned from playing the NYS lottery which was OK by me. When I took that job, I didn't see the lottery as a problem,. I actually believed the propaganda about the lottery we were taught--it came for multiple reasons: funding for education, a response to organized criminal enterprises--the numbers racket. I did live in a high poverty, rural area, but I didn't know anyone who played the lottery regularly. I knew from my contractor that the lottery didn't do so well where I lived. I ended-up getting badly injured, due to no fault of my own and becoming disabled. I now live in senior citizen / persons with disabilities housing in the Greater Boston Area. We have two places, within 200 steps of my building, that sell lottery. There are a lot of seniors who play it, and some who really do have a problem. To this day, I regret the day I took that job. I regularly ask elected officials to limit where lottery products can be sold, to not allow lottery to be sold within 1/8 of a mile of public housing or subsidized housing developments.
    Another thing I noticed is that most of the people in my building play bingo at least weekly. The Roman Catholic church is the biggest beneficiary of that... and all the bingo players are or were raised Roman Catholic. I am really angry at the local senior center because if you don't play bingo, you will find out too late about the outings... the best outings fill up during bingo. Our local Senior PACE program (which is comprehensive health care for unwell seniors in a relatively small, health care organization) offers bingo.

  • @healthbeauty7853
    @healthbeauty7853 5 месяцев назад +2

    I can assure you that 50% of the money raised doesn't go to player's.
    The lottery machine picks out a combination that has the fewest winners.

  • @CLMarshal57
    @CLMarshal57 Год назад +7

    When the billion dollar powerball happened last year, I remember the week leading up to the winning number, I would talk to somebody about the jackpot everyday. Most of the time it wasnt me bringing it up, it was the other person. Its a game, tracking the jackpot and fantasizing about that amount of money. Every news station was discussing the prizes, there were live tracking of each number.

  • @Stuntman707
    @Stuntman707 Год назад +18

    It's not just that people like to gamble. It gives people in desperation a tiny hope that they might be able to change their fortunes.

    • @tanneraustin8035
      @tanneraustin8035 Год назад +1

      It’s almost that little boost to not end it all, that I just gotta keep moving and get me day my problems will be taken care of. It’s just a wild deal

    • @DuncanL7979
      @DuncanL7979 Год назад +1

      Yes, it is about the psychological effect. It's like a drug in a way that casino games aren't. The fantasy escapism in imagining life with lottery jackpot winnings is a powerful thing.

  • @doriprice4103
    @doriprice4103 10 месяцев назад +1

    I'm still here because I enjoy listening to your voice. Thank you for all the educational videos you put it out.

  • @HoverMelon2000
    @HoverMelon2000 Год назад +18

    I have a friend who’s dad is a state representative and I don’t know all the details but he recently tried to get a bill or something passed in our state to get rid of the lottery for these exact reasons and it was struck down SO FAST… at the very least we can hope that it raised even an ounce of awareness during it’s short existence…

  • @K.B.Williams
    @K.B.Williams Год назад +4

    4:43 aight bet!! That was perfect context. I've been saying "bet" since like 10. I'm 42 now... Ok going back to watching the rest of the show now.

  • @TraderJono
    @TraderJono Год назад +7

    The best explanation of how the lottery scam works. Thankyou! ❤ I am from the UK just did my research and they too use the clever wording of "good causes" and not charity etc. Makes me wonder what they're really funding. In the UK 12% profit goes straight to the government in "lottery duty", 4% to the vendors and 1% net profit goes to the operators and the rest to players & "good causes"
    That's a scam on a big scale 😮
    My question is ... What if the lottery stopped? 😬😬😬

  • @ragtagvagabond
    @ragtagvagabond 2 месяца назад

    I live in a crappy part of Baltimore and some liquor stores here literally have an entirely separate counter for just the lottery. There’s usually hardly any line to buy beer… but there’s ALWAYS a line to buy lottery tickets.

  • @matthewwynne939
    @matthewwynne939 Год назад +12

    I remember one Christmas being given a whole bunch of lottery tickets and when I had them checked it was kind of disgusting in a way how they only totaled $2 in winnings.

    • @Gregory_12
      @Gregory_12 Год назад +1

      Was the $2 including the price of the tickets?

    • @patricesilva3718
      @patricesilva3718 11 месяцев назад

      Greed u used to hit few times a week nothing big but nice little hits now omg it's bad their out of control with greed

  • @TheJcmc15
    @TheJcmc15 Год назад +24

    Another great video! My parents taught me this very thing when I was 15-16 yo. No voluntary extra taxes for me

  • @colinwoodham784
    @colinwoodham784 Год назад +6

    In Georgia, if you have a decent gpa coming out of high school, in-state tuition is completely covered by the lottery.

  • @avijitsud
    @avijitsud 7 месяцев назад +1

    That stray strand of Johnny's hair had my attention for a major chunk of the video 😂😂

  • @jondoe9548
    @jondoe9548 Год назад +31

    The fact that we get free videos on RUclips by Johnny is truly a gift. 👍👍👍

  • @Kbarboza94
    @Kbarboza94 Год назад +37

    This man is helping us get therapy and stop gambling addictions.

  • @Peakaboo304
    @Peakaboo304 Год назад +208

    I never bought a lotto ticket and always believed it was a scam… until my ex co-worker won the Mega Millions. Now I occasionally buy a ticket and truly believe I have a chance even though I know it’s practically impossible lol

    • @kassidyfelix4108
      @kassidyfelix4108 Год назад +8

      I'm the same way 😂😂

    • @micosstar
      @micosstar Год назад +2

      oof!

    • @allanshpeley4284
      @allanshpeley4284 Год назад +26

      So you made a financial decision based on anecdotal information. :(

    • @soliniv1411
      @soliniv1411 Год назад +6

      Our lizard brain does it again screwing us

    • @bzipoli
      @bzipoli Год назад +26

      bro 50% chance. you either win it or ya don't

  • @RONderluck
    @RONderluck 6 месяцев назад

    The balls have magnetic paint and the computer decides the winning numbers before the draw even takes place.

  • @eafortson
    @eafortson Год назад +10

    I cannot stop imagining the timeline where Johnny actually won the 20 mil and how fucking wild that would have been.

    • @p3rtang
      @p3rtang Год назад

      That is exactly why gambling is so popular, you can imagine winning. But in reality it will not happen.

    • @eafortson
      @eafortson Год назад

      @@p3rtang I guess some people can. I've never had an interest in gambling. I was taken to Casino in Canada for my 18th birthday and given 100 dollars to gamble with. I kept the money, didn't play a single game. Used it later to buy a camera.
      I have many vices but gambling has never been one of them. I do revel in Irony though and love it when expectations are subverted, especially when someone is trying to prove a point.

    • @p3rtang
      @p3rtang Год назад

      @@eafortson yeah me neither I really dislike gambling as well, except for some tickets I got from a new years. The numbers never added up for me. In belgium luckily the chances of winning are always printed on the back so Its easier to know whether is super unlikely to win are near impossible lol

  • @yamildiaz3788
    @yamildiaz3788 Год назад +38

    Honestly because i learn a lot from your videos and can't support the news room so I stay till the very end to take as much in as possible all the time, I am currently in school for a media major and hope to one day have the skills to apply for a position on your team or be able to create or even be a part of projects of this quality.

    • @kevin7649
      @kevin7649 Год назад

      If you have premium then your watch time pays the creator significantly more. Once YT and processing fees are taken out the remainder is split between the creators based on the % of your watch time

    • @yamildiaz3788
      @yamildiaz3788 Год назад

      @@kevin7649 good to know since I have other channels I am trying to grow, I'll keep that in mind.

    • @AlphaGeekgirl
      @AlphaGeekgirl Год назад +2

      Here’s a tip to improve your skills for when you finally apply for a position.…
      Either learn to punctuate sentences properly (because people run out of breath reading your one-sentence comments).
      Or else, subscribe to Grammarly. It will vastly improve your chances.

    • @yamildiaz3788
      @yamildiaz3788 Год назад

      @@AlphaGeekgirl issa comment on youtube lol just commenting on what was said on the video. But thanks for the passive aggressive advise ig.

  • @boarbot7829
    @boarbot7829 Год назад +6

    The worst thing like this I’ve ever seen was a game in France- I can’t remember what it was called but it’s similar to bingo and runs automatically EVERY 5 MINUTES. The tickets were very expensive- 5 or 8 euros I believe, for a chance to win “only” 100,000 euros. The issue was that the odds of winning were ONE IN 6 BILLION.

    • @THRASHMETALFUNRIFFS
      @THRASHMETALFUNRIFFS Год назад +2

      kino

    • @peter-ek3uh
      @peter-ek3uh 7 месяцев назад +1

      I would bet the odds were zero. And that the greed machine does not wish to even take a one in six billion chance of having to give that money to a person.

  • @jamieking3062
    @jamieking3062 8 месяцев назад +1

    This is your best yet! The government just get worse, leaches...

  • @GraphicJ
    @GraphicJ Год назад +7

    The sad thing is I have a better chance of winning the lottery, than my boss giving me a holiday bonus.

  • @bilalrasool1
    @bilalrasool1 Год назад +8

    8:57 Americans will use anything to measure except the metric system.

  • @spjr99
    @spjr99 Год назад +6

    Wow thank you Johnny.I never realized the Lottery was a scam meant to take your money. I was alawys very confused. When I heard about the lottery, I always saw pictures of people who spent a couple bucks and won millions. but whenever i played the lottery, I never won any money. I thought the machines were broken so I kept trying at different gas stations. I never realized the lottery was a game of chance specifically designed to make money for the government.

    • @PauloBerni699
      @PauloBerni699 9 месяцев назад

      😂🥇I get the dry humor.

  • @BlacknBlueTomatoe
    @BlacknBlueTomatoe 9 месяцев назад

    15:39 this moment. Right here. This is where I snapped. This is where I clicked. This is where my brain melted and reformed and I realized something. We NEED . . .

  • @PokhrajRoy.
    @PokhrajRoy. Год назад +43

    Low-key hoping that Johnny hits the jackpot so he can set up a Miso Soup making facility.

    • @CozumelTy
      @CozumelTy Год назад +1

      He should start a Doritos factory also! LOL.

  • @ericvetter56
    @ericvetter56 Год назад +29

    Like they told me in the Marines... NEVER TRUST YOU'RE GOVERNMENT.

    • @lordice5
      @lordice5 7 месяцев назад +5

      Isn't your job literally to trust the government and carry out its orders?

    • @ericvetter56
      @ericvetter56 7 месяцев назад +1

      @@lordice5 Not that simple!

    • @johndavies7626
      @johndavies7626 5 месяцев назад +4

      YOUR government!

    • @LemmeCheckMark
      @LemmeCheckMark 4 месяца назад

      You def are a jarhead, but yes. Never trust em.

    • @stewcoil2481
      @stewcoil2481 4 месяца назад

      "Marines"

  • @MazeofL
    @MazeofL Год назад +23

    Speaking of gambling and lottery I think it'd be a nice video if you guys made a video on Gacha games. These types of games have been getting a lot of traction after the release of Genshin Impact. More and more companies are finding ways to implement gambling and lottery into games these days in order to make more money, and that poses the question... Should that be regulated since they can make infinite money exploiting people as the government does with lotteries?
    I'd love to see a video like that from you guys!

    • @TheProjecttian
      @TheProjecttian Год назад +2

      *That's actually a good idea! I checked his videos for something related but it's not so talked about. I don't know if he will make a video about it since it might not be enough to get viral.*

    • @zeldies1976
      @zeldies1976 Год назад +2

      I wonder how much of a stake the CCP has in this game. This game could enable them to run lotteries in every other country.

    • @MazeofL
      @MazeofL Год назад +1

      @@TheProjecttian I think a video on NFT games would also be a good one. Videogames nowadays are no longer mean of entertainment but rather a get-rich scheme that has been going on in the shadows and no one really talks about it. That is concerning.

    • @TheProjecttian
      @TheProjecttian Год назад

      @@MazeofL *True!*

    • @donaldlyons17
      @donaldlyons17 Год назад

      Games need money making stuff in them in part because they don't cost much to buy but their cost should be rising because everything else gets more expensive..... My bank has had the same charge for an account for almost 20 years but I never expected it to not rise and would be very surprised if it never does.....

  • @ulfricstormcloak5080
    @ulfricstormcloak5080 Год назад +16

    When I worked as a garbage man there was a house that would always have lottery tickets in the trash. One time they had an entire garbage bag full of used tickets

    • @DonLee1980
      @DonLee1980 Год назад +1

      if they had not bought a single lottery ticket, they probably would be rich already.

  • @bjornnilsson2941
    @bjornnilsson2941 Год назад +24

    This was a great breakdown of the mechanics behind the state lotteries. I was kind of hoping Johnny would have dove a little deeper in to the reasons *why* poor people are more likely to gamble on the lottery. Sure some people have innate weaknesses to gambling, but on a societal level I suspect the answer is that if you are poor there are so few opportunities open to you to move from being poor to being comfortable middle class (a metric sometimes referred to upward mobility), that gambling seems like the only hope to escape poverty. And the sad thing is that it's not far from the truth. The way to lower people's interest in playing the lottery is to improve their prospects for earning money and staying out of debt. Free college, medicare for all etc.

  • @paddleman3131
    @paddleman3131 Год назад +31

    I've only bought a ticket once and the mindset i had going into it was "If I don't win more than what the ticket cost, I'm not meant to play the lottery again"

  • @ayiteajavon1894
    @ayiteajavon1894 4 месяца назад

    Thanks!

  • @jasonbrannen7598
    @jasonbrannen7598 Год назад +4

    It's also worth noting that this is government only because if the government made it legal for private entities to do it, then the government system would be undercut, and the government lottery would cease to exist: a private enterprise would be willing to make the odds better and take less of a profit in the process.

  • @jasonhaven7170
    @jasonhaven7170 Год назад +19

    If they did lower prizes with more likely winners, more people would play the lottery and more poor people would become moderately rich. I'd rather win a million than hundreds of millions if I was far, far more likely to win a million. Even half a million would be life-changing.

    • @mikenogozones
      @mikenogozones Год назад +5

      The lottery makes enough money as is, it's not for the benefit of the people

    • @jasonhaven7170
      @jasonhaven7170 Год назад +1

      @@mikenogozones That's the annoying thing, it would be better if it was for the people

    • @donaldlyons17
      @donaldlyons17 Год назад

      They already have games that offer lower prizes in many states so why would having more small prizes mean more players and winners? If the multi-state games are any example bigger prizes tend to attract more ticket sales recently so.....

  • @steaks3451
    @steaks3451 Год назад +11

    The lottery is bad for those that get hooked, but everything in moderation is fine. Life is a gamble, as long as you are having fun playing there is no harm in it.

  • @aazarzabal9250
    @aazarzabal9250 8 месяцев назад

    Never seen a video of this channel before, but you are very charismatic, the video was great.

  • @michaeldriver1356
    @michaeldriver1356 Год назад +6

    I liked the way Australia did their national lottery, Lotto, when I lived there in the late 80s-early 90s. Their high jackpot payouts weren't as high as here in the US, usually somewhere around $10MM AUD or lower, but the money spent on the ticket, be it Lotto or instant scratch-off ticket, was taxed up front, and you didn't pay taxes on your winnings, and no taxes for one year on any interest made on investment of the winnings. Aussies love their gambling, and it's legal there. The state runs betting agencies for gambling on sports, races, elections in other countries, etc. In the state of Victoria, Melbourne, there were legal brothels as well. I don't know how it is now, since I last was there 32 years ago.

    • @blip666
      @blip666 Год назад +1

      lottery on elections in other countries ??

    • @breathinggreen2790
      @breathinggreen2790 10 месяцев назад +2

      Yep
      I am Australian, and you be would correct.
      The only thing is we don't have brothels in South Australia we have Asian massage parlours 😜

    • @michaeldriver1356
      @michaeldriver1356 10 месяцев назад

      ​@@blip666
      Not lottery, but legal gambling that is run by the state lottery board. All gaming, be it lottery or betting is run by the state.

  • @edgemperor
    @edgemperor Год назад +10

    Sadly, even if it is a scam people will still jump into it for a hope.

    • @quasii7
      @quasii7 Год назад

      How is it a scam? The rules are clear.

    • @buzinaocara
      @buzinaocara Год назад

      *foolish people

    • @john_smith_john
      @john_smith_john Год назад

      @@quasii7 what a stupid comment.