Buying a lottery ticket isn’t such a bad idea.

Buying a lottery ticket is a tax on people who can’t do math.
So they saying goes. And it makes sense to some degree. I have a friend who is a genius math guy and he says you have about as much chance of winning the lottery as you have of having the winning lottery ticket fall in your pocket.
He’s a smart guy, I believe him, but I recently started buying the occasional lottery ticket anyway, and here’s why.

Some of the money that collects in the new york state lottery pool ends up going towards schools. It’s not half like I thought, but I looked it up and it’s a good chunk. Billions of dollars a year are spent on schools that come from the money spent on lottery tickets. It doesn’t amount to a whole lot from the school’s point of view (4% of the revenue per school district said one article), but it’s better than nothing.

Of course this is a big joke in one sense, because the money spent on schools from the lottery is money that doesn’t have to come out of any other budget, and I’m sure whoever owns those other budgets happily pisses away the money on thing’s I’d rather they not.

But here’s the point: Some of the money spent on lottery tickets goes towards schools and it’s one of the very few ways you get to decide how your tax money is spent.

Yes, you could give money directly to your school and will have more of an effect but this way… I have a chance of willing a million dollars. 🙂


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