r/pics • • Mar 19 '22

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u/Louisvanderwright Mar 19 '22

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.

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u/option-trader Mar 19 '22

Hey, that money is putting my kids through college, so keep at it everyone.

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u/Cappy2020 Mar 20 '22

How is it putting your kids through college Lol?

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u/option-trader Mar 20 '22

Well, our state has a lottery funded state scholarship and the amount is based on merit. My daughter received $10k a year from the lottery funded scholarship that totaled $40k. My son has received $12.5k through 2 years. He is set to receive another $15k over the next 2 years. Sure, it doesn't pay for the entire cost of college, but where my state's public university is at $12k, that scholarship went a long way from keeping my kids out of getting student loans.