The vast, vast majority of people that have gambling problems aren't making rational financial decisions like this. They're doing a habitual activity that is reinforced by bad actors trying to extract as much money from them as possible.
This is especially noticeable with "traditional" offline gambling and lotteries - lower income people play them habitually from a kind of learned helplessness, not as a rational financial strategy.
This is especially noticeable with "traditional" offline gambling and lotteries - lower income people play them habitually from a kind of learned helplessness, not as a rational financial strategy.
https://fortune.com/2024/04/04/lottery-tickets-poor-rich-inc...