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submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

The Powerball jackpot has soared to an estimated $1.04 billion after no tickets matched all six numbers in Saturday night’s drawing.

Saturday night’s drawing produced white balls 19, 30, 37, 44 and 46 and red Powerball 22.

The $1.04 billion prize – an estimated $478.2 million in cash value – is the second-largest jackpot this year, topped only by a $1.08 billion prize won on July 19 by a ticketholder in California.

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[-] capital@lemmy.world 9 points 1 year ago
[-] tea@lemmy.today 12 points 1 year ago

Yep. That's $1.04b taken from the pockets mostly people who should be trying to put it to savings, not giving away money on a pipedream. Giving it to a winner who statistically will likely have their life ruined by such a windfall.

It's goddam stupid. The "causes" the lottery pays back to, like education, should be funded by taxing those who don't need the extra money, not by duping people who desperately need every dollar they earn.

Oddly enough not entirely. Yes it is a total waste of money to buy a ticket, but I remembered hearing a piece a while back that broke down why the poor bought the majority of tickets. Basically it broke down to the fact that they knew there was no chance of them ever getting out of poverty without some major windfall event. They know that there is no real chance of winning, but sadly it was the closest thing to hope they had. They aren't stupid just desperate.

this post was submitted on 01 Oct 2023
188 points (92.7% liked)

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