Definition of a state lottery

[Chuckanut]

The definition of a state lottery:

A tax on people who did not study their math.

 

[Koolau]

The definition of a state lottery:

A tax on people who did not study their math.

I always thought it was "Retirement plan for dummies."

 

[braumeister]

The good side is that whether you buy a ticket or not, your chances of winning are virtually identical.

 

[Walt34]

I'll admit that usually (sometimes I forget) once a month one of us will buy a couple of lottery tickets. What we're buying, and we know it, is nothing more than fodder for daydreams.

"Would I buy the Corvette or the Porsche"? "Cessna or Mooney"? Tough choices.

 

[Midpack]

The lottery has long been known as a "stupidity tax." I guess lottery participation may be a proxy for math education/achievement as well...

 

[bssc]

Actually, the people who scare me are the ones who consider the stock market to have the same rate of return as the lottery. I have heard this as an excuse why they spend everything that they earn (and then some).

 

[Brdofpray]

Two points: I figured that I would only by a ticket if the jackpot was over 20 million. Otherwise, after taxes, why bother with the hassle. Next, always buy the ticket early in the week. You then have the entire week to entertain yourself with your daydreams. For me, once in awhile, that is worth a dollar.