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Comment by acomjean

When I was young I had a friend who bought one Massachusetts (US) lottery ticket a week. I remember he "won" (basically got his money back). When he went to cash out the cashier asked him, "do you want the money.. or another ticket". He took the another ticket and promptly lost. lesson learned. You can't win if you don't play, but 2 tickets doesn't increase your odds significantly.

Where I worked there was a convenience store store. I got to know the owners a bit. One day they were posting a sign "People at our store won $850,000 on the lottery last year". I said, "wow thats a lot". She turned, shook her head and said "I know what they've spent... its not a lot." and proceeded into a mini tirade against gambling, which she promptly stopped when a customer entered the store. Its profitiable. But in the US with sports gambling everywhere, I wonder if lotteries have lost their luster.

parent acomjean 3 years ago

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