Ask500

| Login

The lottery is a stupid person's tax. Ask a Question

The lottery is a stupid person's tax.
Click to vote
Yes
No
7 Answers

Absolutely true! (unless of course, you win...) ;-)

2 Replies to TheSheep's answer

You have more chance (apparently) of walking up to a complete stranger and guessing their telephone number including dialling code than winning the lottery – stealth tax!! – Unless you win! :0)

That may be true in the UK, but not here in the US.

Total valid physically phone numbers possible in the US: 5,702,328,000.

The odds of winning the average lottery is usually about 1 in 7 million. Even the super or mega lotteries are usually in the 1 in 50 million range. So you actually have a better chance of winning the lottery than guessing a (completely random) person's phone number. (Now if you know something about where they lived and the area codes then you would probably be better off guessing at their number.

No. The lottery is a poor person's charity. You don't have to donate a lot at a time. It's totally anonymous. The money is supposed to go to good causes, like education. And, in exchange for your generosity you have a tiny chance to win prizes.

We don't pay tax on winnings from gambling or lottery.

1 Replies to Aussie's answer

We do :-(

Thomas Jefferson said that a lottery was a "tax on the willing." I say the lottery is a tax on people who are bad at math.

1 Replies to plawler's answer

Thomas Jefferson was correct. It is a "tax on the willing". Unfortunately, the most willing are often the least able to afford it.

The lottery is voluntary, you choose to play or not. Taxes are not voluntary, just see what happens if you decide not to pay.

Not so much stupid as mathematically challenged. I've won almost $200!

(OK, I know better, but I figure the odds are better than ever collecting Social Security)

It is a tax, primarily, on the poor.