9 Comments

I’ve long said that gambling generally, and lotteries in particular, are just taxes on stupidity.

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Yet another Roots of Liberty URL bookmarked. Lots of info here - thank you.

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So it's better to play the casinos where, "the house always wins," than the lottery, where the house wins more.

I'll keep that in mind should I ever consider gambling.

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author

:).

The utility in gambling is the entertainment value, not as a money making enterprise. There's no financial utility in a sports car, yet we buy them. For other reasons.

The issue at hand is the combination of monopoly and governmental targeting of the poor.

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Understood.

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Do I understand correctly the RTP is before income taxes?

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As always, Peter, we’ll argued and written. Preying on the poor like this is an abomination! BTW, your hypertext link are very helpful - thanks. My wife and I are bingeing on Ozark and are enjoying it, since we willingly suspend disbelief for all the Deus Ex Machina multiple escapes from death and destruction in every episode.😁

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“All 'chance' gambling is a losing proposition.”

Amen!

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Neil Boortz always referred to buying lottery tickets as a poor tax. Not very far off.

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