How would you feel if you became a millionaire in a split second? Well, although we all probably fantasize about this daily, there is actually a way for us to do that: lotteries. Lotteries are a great way for us to make money. To have the chance to become a millionaire all you have to do is go out and buy a lottery ticket. Although there seems to be no downsides to this way to make an easy buck, some people are trying to stop people from selling these golden tickets. Lottery tickets have their perks too! Lottery tickets should continue to be sold because they fund extra projects for the betterment of the city, they assist the government, and they keep people out of trouble.
Lottery tickets have so many positives; one example is that they fund …show more content…
In their article, Addicted to Lotteries, The Week states,“It’s a cheap way to buy a license to fantasize,” says George Loewenstein, a professor of economics and psychology at Carnegie Mellon University.” (The Week 1). What they are saying is that it is a cheap way for people to be happy and have hope. The lottery is a much better way to help someone than spending their extra money on things that are destructive for them like drugs or alcohol. In his article, Who Plays the Lottery and Why?, John Wihbey states, “Those in the lowest fifth in terms of socioeconomic status (SES) had the “highest rate of lottery gambling (61%) and the highest mean level of days gambled in the past year (26.1 days).” (Wihbey 1). Although we may not like to admit it, people who are drug addicts or alcohol addicts are usually in the lower economical range. Buying the lottery is helping these people stay away from things that are destructive towards …show more content…
They are saying that the tax money taken from the lottery is going towards the staffs bank accounts rather than for the betterment of our cities. One example is in The Week’s article, Addicted to Lotteries, where they state, “State officials like to tell the public that lottery revenues are plowed into education, but the reality is that state governments use lottery proceeds not to increase what they spend on schools and teachers, but as an additional funding source for their overall budgets. The money that would have been spent on education had there been no lottery cash is simply spent on other things. In fact, the few states that don’t have lotteries spend on average 10 percent more of their budgets on education. That’s why critics say the lottery is “a shell game” and a “tax on stupidity”—and a regressive tax at that.”(TheWeek 2) I disagree with these statements wholeheartedly. As I have said before a lot of the money goes towards the states. I do agree that some of the money goes towards the staffs budget. Like The Week says in their article, Addicted to Lotteries, “The rest—typically about 25 to 30 percent—goes into the state’s coffers.” Although not all of the money is going towards a good cause, that doesn’t mean that it is completely
Lottery tickets have so many positives; one example is that they fund …show more content…
In their article, Addicted to Lotteries, The Week states,“It’s a cheap way to buy a license to fantasize,” says George Loewenstein, a professor of economics and psychology at Carnegie Mellon University.” (The Week 1). What they are saying is that it is a cheap way for people to be happy and have hope. The lottery is a much better way to help someone than spending their extra money on things that are destructive for them like drugs or alcohol. In his article, Who Plays the Lottery and Why?, John Wihbey states, “Those in the lowest fifth in terms of socioeconomic status (SES) had the “highest rate of lottery gambling (61%) and the highest mean level of days gambled in the past year (26.1 days).” (Wihbey 1). Although we may not like to admit it, people who are drug addicts or alcohol addicts are usually in the lower economical range. Buying the lottery is helping these people stay away from things that are destructive towards …show more content…
They are saying that the tax money taken from the lottery is going towards the staffs bank accounts rather than for the betterment of our cities. One example is in The Week’s article, Addicted to Lotteries, where they state, “State officials like to tell the public that lottery revenues are plowed into education, but the reality is that state governments use lottery proceeds not to increase what they spend on schools and teachers, but as an additional funding source for their overall budgets. The money that would have been spent on education had there been no lottery cash is simply spent on other things. In fact, the few states that don’t have lotteries spend on average 10 percent more of their budgets on education. That’s why critics say the lottery is “a shell game” and a “tax on stupidity”—and a regressive tax at that.”(TheWeek 2) I disagree with these statements wholeheartedly. As I have said before a lot of the money goes towards the states. I do agree that some of the money goes towards the staffs budget. Like The Week says in their article, Addicted to Lotteries, “The rest—typically about 25 to 30 percent—goes into the state’s coffers.” Although not all of the money is going towards a good cause, that doesn’t mean that it is completely