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Yes, the $2 a ticket costs is a sign of the incredible "numerical illiteracy" (the word is innumeracy) of lottery players.

That or they just 'waste' $2 on a long-long-long shot knowing that they won't win but don't care because, really, it's only $2 and how much does the average American pay for their coffee?

Now people who dedicate significant portions of their resources to scratch and lotto tickets have a different problem than either wasting $2 or innumeracy. It's called poor impulse control.



I agree with this.

I strongly believe people who put down the lottery just can't let go of their super-rational minds and just enjoy an irrational thrill every once in a while. Sure, the people who spend $100 a month on Lotto when they only make $400/mo... that's a bad decision. But just $2 once every couple of months when the jackpot is some insane number? Why not? It's just $2 bucks! Yes the odds of you winning are smaller than Plank Length[1], but just let yourself go every once in awhile and enjoy a thrill and imagine "What If...". The Lottery is not a scam; assuming you understand the chances of winning is as close to zero as can be without actually being zero. People actually do win & get the money. Now, if someone can prove to me that all the winners are fake and nobody ever gets any of this money... then that's another story.

1. http://en.wikipedia.org/wiki/Planck_length

EDIT: Downvoted. Not surprised; I just tried to make an argument about letting go of rationality on HN. That's probably the most offensive thing I can say here. :)


I was going to upvote you until I saw your edit about downvoting. I believe you should state your mind without concern for arbitrary internet points. If you express concern over these points, it weakens your perspective, in my opinion, and I am much less likely to award you those useless points.


I upvoted you, sometimes it's lonely being correct ;)




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