Saturday, October 14, 2017

Lotteries Breed Poverty



Lotteries create poverty. Is this what you want your state government to be doing?

States advertise lotteries aggressively in poor areas. New York says, “Hey, you never know.” California says, “Imagine what a buck could do!” Slogans like these encourage people to treat lotteries as investments, not entertainment. To provide the funds, poor people cut necessities.

The chances of winning the recent $759 million jackpot were only 1-in-292 million – not exactly a sure bet. On average, one dollar spent on lottery tickets returns a lousy 52 cents, worse than the returns of private gambling companies.

State governments rake in nearly $70 billion a year from lotteries, supposedly for education. Baloney! The money has no strings attached and can go wherever the legislators please. Lotteries are regressive taxes.

Governments spend billions on nutrition and housing programs. But lotteries encourage the poor to cut these same necessities.

Lotteries are an immoral tax on the poor. They trigger gambling addictions and breed poverty. They’re abominable!

Sent to many papers. Published by the Concord Monitor around September 22, 2017.