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why would yu buy a lottery ticket?
why would you buy a lottery ticket if you knew the odds was over 150 mill to 1 and if you did win they would take half of what you won away ...please tell me why
8 Answers
- John WLv 71 decade agoFavorite Answer
To dream but really most are bought out of desperation which is why there are serious concerns about the morality of state sponsored lotteries.
They take about a third of the winnings for taxes and with the scratch offs, the odds are usually down to one in a million or two. By watching the daily published stats on the claims you can cherry pick the odds, ie.: the Texas Super Set For Life is 90.75% sold but only 3 out of 4 top prizes have been claimed so the current odds should be 1 in 684,199 unless somebody is real mean and has that last winning ticket in a bank deposit box.
The odds of being hit by lightning is usually estimated to be 1 in 700,000 so it may be unusual but sometimes the scratch off games have slightly better odds. Even so, I personally know more people who were struck by lightning then people who have won the jackpot (My power engineering professor was killed by lightning).
I really think they shouldn't take anything for taxes, it should be like in Canada where there's a windfall exception on the winnings. It isn't right for the government to tax on money they pay out to others. If you've ever worked for the State, you know that they refuse to pay sales taxes on your expense report because that would just be the state paying the state, well it should be the same reasoning.
Source(s): http://www.txlottery.org/export/sites/default/Game... http://www.usatoday.com/weather/resources/basics/w... - Anonymous1 decade ago
u pay what 1-5 $ max for a good lottery ticket and u have a chance 2 win 1mill+ why wouldn't you and also it is fun just 2 try as long as u don't spend 100+ at a time lol
- pdqLv 71 decade ago
When the jackpot gets way up high, spending ONE dollar for the dream of "hitting it big" is worth it. $1 for a beautiful dream. Money well spent.
Of course that's all it is. Just a dream. Any more than a dollar spent is a total waste of money.
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- Anonymous1 decade ago
They are fun to scratch. I only ever do the crossword ones.
- Anonymous1 decade ago
same reason that i watch TMZ.....britney might get out of a limo without panties