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Author Topic: Lottery is a poor man's tax  (Read 605 times)
plvbob0070
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October 27, 2020, 01:36:36 PM
 #41

The lottery gives us small chance or to no chance of winning at all, yet these people still want to try their luck by betting. Living in a developing country, I can see how the lottery is popular in middle to lower class. I don't know why but people who are struggling financially are the ones who have high hopes of winning the lottery although they know that there's a low probability. Maybe because they think that winning from the lottery can help them to become rich. But for me, there's nothing wrong as long as it's fine for them to risk a small amount of money with small hope of winning. As for the government, since they usually own the lottery, of course, they will tax people.
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October 27, 2020, 01:44:08 PM
 #42

Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


you give me a good idea about this mate and yeah it looks like government is really scamming lottery bettors by this.
though i use to bet in lottery in past when i am still living in my parents house because there is a ticketing  near us and some of my friends bets as well.
Hope this is not truly happening because if does then the Poor is the most victim in all of gambling games.









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October 27, 2020, 01:50:23 PM
 #43

Lottery still can give you profit even if you don't get the right lines , but it takes a lot time and effort to actually win the jackpot. Depending on your luck you just might bleed money instead of winning, some machines are just really doesn't give you anything and end up with a lose streak. So i'd rather go with quick high risk games than playing for hours to just gain nothing.

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October 27, 2020, 01:55:17 PM
 #44


Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?



This is a poor man way to catapult himself to get riches, here in our country I see some people actually winning the jackpot I like to believe that there are people winning the jackpot and in case you did not hit any of the jackpot the big percentage of the revenues go to welfare of the poor in our country one of my friend is a benefactor of that I do not want to think it as a tax I rather think of it as a way of helping the government. 

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October 27, 2020, 01:59:31 PM
 #45

I'm playing lottery and I don't see anything wrong on it, our government is the one running the lottery and a big chunk of the revenue go to the charity program of the government, so if I'm betting in a lottery I am hoping to win the jackpot but if I did not win the jackpot at least I have a consolation that I am helping the government's program to uplift the need of the poor, and if it's a way to tax the people I consider this no issue at all as long as I can see that people benefits from this.
We also sometime see winners featuring their real life experience in television so I don't doubt it, especially it was able to help others. I even bet in lottery whenever I feel lucky and sometime won few numbers and some small winnings in their scratch cards. It's just a matter of taking risk like how gambling works but with a chance to help charities as well the government. Hopefully whoever deserving win in a right way and they don't do any misleading results especially when the price is too high.

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October 27, 2020, 03:01:40 PM
 #46

I'm playing lottery and I don't see anything wrong on it, our government is the one running the lottery and a big chunk of the revenue go to the charity program of the government, so if I'm betting in a lottery I am hoping to win the jackpot but if I did not win the jackpot at least I have a consolation that I am helping the government's program to uplift the need of the poor, and if it's a way to tax the people I consider this no issue at all as long as I can see that people benefits from this.
We also sometime see winners featuring their real life experience in television so I don't doubt it, especially it was able to help others. I even bet in lottery whenever I feel lucky and sometime won few numbers and some small winnings in their scratch cards. It's just a matter of taking risk like how gambling works but with a chance to help charities as well the government. Hopefully whoever deserving win in a right way and they don't do any misleading results especially when the price is too high.

Although I doubt the government really does help 100% but I'm sure they do. So playing is one way of helping the government.

I have also tried that scratch card for awhile that I won few numbers. Its almost like how I won bets on Keno game hitting only 3-4 numbers out of 10. Its almost impossible to really hit the 10 digits but there are incidents lately just like this guy in this thread who won 5LTC by with just 0.001 LTC bet.


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October 27, 2020, 03:03:15 PM
 #47

Since the lottery is a gambling game base on luck, then I think the cons will be bigger than the pros because you will see that you don't have a big chance to win the money. If the government owned the lottery, I think they give all people a dream that they deserve to win the jackpot, but they need to compete with the other people. I don't play the lottery too often because I know the chance to win will not be bigger.

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October 27, 2020, 03:26:35 PM
 #48

It can be considered that way, because the poor man is the one patronizing the lottery but even if the odds is very huge to win the jackpot this is one of the hope of the poor people to have a chance to change their life for the better, as long as you are not betting more than you can afford I don't see any issue at all.
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October 27, 2020, 03:33:49 PM
 #49

It can be considered that way, because the poor man is the one patronizing the lottery but even if the odds is very huge to win the jackpot this is one of the hope of the poor people to have a chance to change their life for the better, as long as you are not betting more than you can afford I don't see any issue at all.

with the huge jackpot and low cost per bet or ticket , who wouldnt be ? poor people are mostly hopeless , no huge money , skilless , no education but they have some small amounts of money that are enought to participate in a lotto draw .  

the problem of some poor is that they have a small money that supposed to be allocated for the food but they still choose to risk this money to buy a ticket instead of buying a food .

some that have a job but they also choose to buy a ticket instead of saving this money which is more sure and can help them in the future
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October 27, 2020, 03:36:09 PM
 #50

Though it's really a strategy of government to get a tax however they are legitimate and even the odds is really low there's still a possibility if you are really lucky you could be a millionaire in just 1 day for me there's nothing wrong to test your chances the only wrong thing is that some people rely on it.

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October 27, 2020, 03:40:07 PM
 #51

I don't see it as a tax since they are free to avoid it but most of the poor are really clinging into it.
They are paying for it every once in a while to try their luck on hitting that jackpot that is almost impossible to get.
And I understand them even though I hate the idea for them it is a small sacrifice to have a chance of becoming a multi millionaire.
He called it as a tax because people are playing despite knowing that hitting such lottery is nearly impossible and even then we are making such bets.

I don't think though that this "tax" is a bad thing because if 1 million players are playing the lottery and even 10 guys change their life forever then it still changes life and you won't be rich by saving the money for the lottery ticket and might spend that in other small things which you don't even realize so it is better to take a near impossible but chance to change your life.

I personally hate lotteries and never take part in such draws but I understand why people like it because you get a life changing opportunity and you don't have to spend much for that.

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October 27, 2020, 03:58:55 PM
 #52

The lottery helps a lot of people in our country. So even if it's impossible to win in this game, I will still play this lottery to help many people in need and still hoping to win a life-changing amount of money. One of my family members tried to apply for medical assistance, and this lottery donates a good amount.
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October 27, 2020, 04:19:03 PM
 #53

I don't think it's a scammy thing to tax the people. First they are legitimate operating and we could see publicly the winning number also we know that there are some bettors that actually wins.

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October 27, 2020, 06:29:24 PM
 #54


Do you think that the pros of playing lottery outweigh the cons or vice versa?

Yes I do. There is virtually no risk aside from a few dollars it costs to purchase a ticket. The price is usually not very significant.

Is government owned lottery a scummy way to tax the poor people?

They are not forcing you to participate so I do not see it as unethical. It is hypocritical if they ban other forms of gambling in their country.

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?

I don't participate in the government sponsored lottery but in online casinos I might spend a negligible amount on tickets. Sometimes I might get free tickets from achieving certain wagering requirements.


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October 27, 2020, 06:46:08 PM
 #55

Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Lotteries have existed for a very long time and your insinuation that this is a form of tax is not mistaken since in the past there were countries that used lotteries as a form of tax on their citizens, I do not play regularly but taking into account the bad economic shape some people find themselves it is possible the lottery is their only chance of improving their situation, I believe they know it is very unlikely they will win but taking into account the low participation cost and the huge payout I think they consider this to be a fair trade.

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October 27, 2020, 06:58:39 PM
 #56

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?

-Cons outweighs its pros but to know that if you do hit that jackpot then that thing what matter most.

-Its not that to be a tax but here on my country, weve been using lottery in form of charity and part or portion of it is being
used to help out people who are in need.

-Play for fun and don't expect for you to win because this will just mold up addiction due to desperation.

R


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October 27, 2020, 07:02:26 PM
 #57

Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Being a statistician or mathematician doesn't help you in any way. It only makes things brighter for you that it's almost impossible to win because of insane numbers of combinations. To understand this, you don't need to be any of these but one simple formula is enough to calculate the number of combinations according to numbers that take part in the lottery and how many balls will come.
It's not taxation in any way too. Who gives you pressure to buy a lottery ticket? Noone, so, there is no one to blame here except you if you spend a lot of money on it and it affects your financials. The lottery is really a lucky accident that can change your whole life but you have to be very lucky. You can be among 99.9999% that spend money on lottery without benefits or the one who wins.

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October 27, 2020, 08:19:34 PM
 #58

Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Being a statistician or mathematician doesn't help you in any way. It only makes things brighter for you that it's almost impossible to win because of insane numbers of combinations. To understand this, you don't need to be any of these but one simple formula is enough to calculate the number of combinations according to numbers that take part in the lottery and how many balls will come.
It's not taxation in any way too. Who gives you pressure to buy a lottery ticket? Noone, so, there is no one to blame here except you if you spend a lot of money on it and it affects your financials. The lottery is really a lucky accident that can change your whole life but you have to be very lucky. You can be among 99.9999% that spend money on lottery without benefits or the one who wins.
Take this an example where people do spend up millions of dollars on buying up lottery tickets and see on what are the results.

https://www.youtube.com/watch?v=5V2B28OqfqM
https://www.youtube.com/watch?v=F5XLmCb3y3o

This doesnt really matter if you do purchase almost of the combinations or what.Winning chance is always been slim.

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October 27, 2020, 08:34:35 PM
 #59

Is government owned lottery a scummy way to tax the poor people?

As far as the proceeds of the lottery-owned government go into good projects then it's good (although corruption is just around the corner).

In the first place, that's the purpose why there is a lottery-owned government, at least here in our country.

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?

I'm just a few blocks away from the nearest lottery here so there's a time I want to try my luck.

Not expecting to win in this luck-based game but who knows I can hit the bell even it's more possible to reach the moon than hitting the lottery. So far, my highest win is 4 digits combinations (in a 6/45-59 draw depends on what day I will place my bet) and I hit that combination several times already.

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Lorence.xD (OP)
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October 28, 2020, 12:15:26 AM
 #60

I couldn't say that it is really a scum way to tax the people since it's still from the government and they spend it as well to health, charities and so on and I'm seeing it's for the good cause in the long run.
Unless the people behind the government spending and the government is corrupt. The money will only go straight from someones pocket. We all know that most third world country (which my country is) is either corrupt or tolerates corruption.
The funny thing is that where most lottery is sold is in the poorest neighborhoods.
That is funny in a way but this is the scary thing about lottery, it specifically targets the low income households which does not contribute much in tax but with their number bigger than high-income households, they exploit this instead of truly helping.

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