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Is it not grotesque to give a random person 1.2 billion dollars in a lottery? (lemmy.world)

submitted 1 year ago by Camzing@lemmy.world to c/asklemmy@lemmy.world

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It serms incredible to me to give over a billion dollars to a random person.

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[-] mtdyson_01@lemmynsfw.com 10 points 1 year ago

Then you'll feel better knowing that in the US that whomever wins that Powerball will end up with less than half the amount they won. Taxes will eat up about 60% of the winnings .

[-] mangosloth@lemmy.world 8 points 1 year ago* (last edited 1 year ago)

And then, statistically, their life will be ruined so... Grotesque indeed

[-] mtdyson_01@lemmynsfw.com 9 points 1 year ago

I would be willing to fall on that sword for the unlucky soul that wins that lottery. I actually knew someone that won the 10 million publishers clearance house back in the 1980's. Classic story of they were dirt poor before the win and dirt poorer about 5 years after the win. Banks lined up to give them loans and they took them all since the prize didn't pay out in a lump sum. After the interest their yearly checks and more were gone... But they had "stuff" for awhile.

[-] wombatula@lemm.ee 1 points 1 year ago

And of course the US government only does cool and awesome things with that money that everybody in the country benefits from.

this post was submitted on 04 Oct 2023

159 points (80.7% liked)

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