5 Ways Lottery is Preying on the Poor

close up photo of lottery ticket

If you are buying lottery every day hoping to get lucky, you are an idiot!

What if I tell you the purpose of having a lottery is to tax the poor and earn money from them at the same time?

Don’t Believe Me?

Lottery winners are one of the heaviest tax individuals. The winner of the $1.28 billion lottery ticket from Mega Million had only $433.7 million after tax. That’s almost less than a third of the winnings!

To a poor man, he will never understand why this is happening.

How the System Came About

Buying a lottery is often seen as a fun and harmless way to try your luck and potentially win big. But it is a system that the government uses to test its people.

Think about it, gambling openly is seen as illegal or inappropriate, but there are shops and businesses run by the government to sell lottery tickets. Isn’t that quite an irony?

Advertising in low-income areas

Lottery companies often target low-income areas with their advertising. By placing ads in locations such as convenience stores, supermarkets, and gas stations. These companies make it easy for people to make impulse purchase.

It’s just good business!

They prey on you making you feel the need to take a chance. Knowing that people living in these areas are more likely to have financial struggles or desires. They are more likely to take a chance on a lottery ticket.

Exploiting hope and desperation

The lottery industry preys on people’s hopes and dreams, often using slogans like “Imagine the Possibilities” and “All You Need is a Dollar and a Dream” to encourage people to buy tickets. For people who are struggling financially, the hope of winning big can be very appealing. Even if the odds are stacked against them by one in a billion chance.

Providing false hope

While the lottery can be a way to potentially win big, the odds of actually winning are incredibly low. Lottery companies often publish the odds of winning, but they still create the illusion that anyone can win by highlighting the stories of big winners. This can lead people to believe that they have a better chance of winning than they do.

Taking money from those who can least afford it

Lottery tickets may only cost a few dollars, but for people who are struggling financially, those few dollars can be the difference between putting food on the table or not. Lottery companies take advantage of people’s desperation, knowing that some people will spend money on lottery tickets instead of paying bills or buying necessities.

Encouraging addictive behavior

For some people, the lottery can become addictive. The thrill of potentially winning big can lead people to spend more and more money on tickets, even when they can’t afford them. Lottery companies encourage this behavior by offering multiple games and jackpots, creating a sense of urgency and excitement around buying tickets.

What Should People Do Instead?

If you are poor or finding ways to get out of poverty, save and invest. Investing your money into the stock market or investing it into real estate is the age-old method every rich people use. Or for more ambitious people, starting a business isn’t a bad idea as well. Here are 100 different types of businesses t get you started.

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