You consent to the lottery. You don’t meaningfully consent to the hundreds of billions the govt prints and injects into the economy, reducing your buying power via inflation. The lottery isn’t predatory. Establishment politicians and the deep state are.

Lottery is for people who can’t do math!

Can we at least acknowledge that a lot of behaviors that lead to people being poorer likely positively correlate with decisions to spend significant amounts of money on scratchers?

It's a regressive tax.

Robinhood is pretty cheap, no?

It is better to reframe lottery as entertainment like going to a movie (except that the movie stars yourself winning) and not as an investment.

Good analysis!!!

Upper class people gamble in the stock market.

I’m glad to hear you say this, because it is so evil that our democratic government meant which is supposed to represent the people praise on them with expensive marketing campaigns- you can’t win if you don’t, etc. At every place, they sell lottery tickets. There should be a big sign that says, buying more than one ticket will not increase your odds of winning. @reason. This is the clear example of government and it’s elected and appointed officials taking advantage of the people they are are paid to serve

Ideally, the poor who play lotteries would accumulate financial assets, instead, like stocks and bonds. However, I wonder whether the segment of the poor who play lotteries would, in the absence of lotteries, play illegal numbers games or spend more on other vices, in which case an ROI of -30% might not be that bad.