Lottery Myth 1: The Lottery Targets the Poor.
While it may seem that the lottery would target the poor due to the fact that they have more to gain by winning the lottery, a 1996 New Mexico department of Health survey proved that the percentage of people in every class of income that play the lottery is roughly 44%. The only group that stands apart from that is the group that earn in excess of $100,000 per year.
Lottery Myth 2: The Lottery is a Tax.
I am kind of baffled that anyone would think of the lottery as a tax considering that taxes are mandatory and the lottery is not. I have heard of the lottery being referred to as the idiot tax because the odds of winning are so low. The fact of the matter is that the lottery is not a tax. It does, however, act like a tax because the proceeds are used to better the community.
Lottery Myth 3: It is More Likely to be Struck by Lightning than to Win the Lottery.
I believe that this one depends on how you look at it. I have read reports that indicate that in a particular year over 1000 people won over a million dollars and over 4500 people won over one hundred thousand dollars, while only 91 people were struck by lightning. Sounds pretty convincing right? They fail to take into account how many tickets were purchased for that year and compare that to the amount of lightning strikes. I believe the numbers would look a little different.
Lottery Myth 4: You Cannot Trust the Lottery Because it is Controlled by the Government.
The government has no reason to rig the lottery because the odds are already heavily weighted in their favor. The government offers a payout to the lottery that will guarantee them a profit based on the amount of sales of lottery tickets and the odds of winning. They then increase the jackpot based on the amount of tickets sold. That is why you see the jackpots make major jumps after it hits a certain point because more and more people are playing.
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