The Billion-Dollar Jackpot: Engineered to Drain Your Wallet

“Consider that for state-run lotteries as a whole, only about 60 cents of every dollar goes back to ticket buyers in the form of winnings, an analysis of United States Census Bureau data shows. The flip side is that in the long run, players as a group lose about 40 percent of the money they put into the lottery, and the chances of a big win are vanishingly small.”

http://www.nytimes.com/2016/08/14/your-money/the-billion-dollar-lottery-jackpot-engineered-to-drain-your-wallet.html?ribbon-ad-idx=11&rref=homepage

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