‘Hey Bill Nye, Is Playing the Lottery Rational?’

“According to Bill Nye, the lottery acts as a tax on those who can least afford it. Most of the people who play the lottery statistically come from lower income and lower education backgrounds. This means that those who are measuring every dollar they earn may misguidedly waste crucial funds on the lottery, spending hundreds to thousands of dollars on a slim chance that they could win, even though it’s massively likely that they never will.”

http://bigthink.com/videos/bill-nye-on-the-chances-of-winning-the-lottery?mc_cid=6e8e6bd94e&mc_eid=34e2887073

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