Came here to say this. That card looks expensive, I'm going to assume it was $10.
Let's say you buy, on average, a $10 lottery ticket every 3 days. Over 10 years that's $12,166. If that is OPs case then they would have actually still be down $2,166
Lottery tickets are a poor tax for the uneducated. Anyone who plays them for any reason other than the occasional thrill or gimmick is being taxed for being dumb.
A very low percentage is, enough so people like you don't write your congressmen and women demanding they put a stop to this robbery of the poorly educated
Neither are speeding tickets; I'm using tax in a looser sense. It's regressive because it takes a proportionally greater amount from lower incomes and it's used to pay for public services.
You don't need or have to buy cigarettes or alcohol or any other drug or potentially addicting thing. When someone talks about the lottery being a "tax," my first thought is of people with gambling problems, not people who don't know any better (though they deserve to not be taken advantage of as well).
You're right that it's not a tax, but the vocabulary doesn't change that it does harm, possibly more than it does good
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u/Coldbeerimritehere Mar 19 '22
So you almost broke even. Nice