Common Lottery Myths

Now lotteries around the world are very popular and there are a lot of rumors around them. You can often hear all sorts of myths. And you can sort out a few. For example, there is a saying that it is more likely that a person will be struck by lightning than he will win the lottery. But in 1997 it was proved that this is nothing more than just an expression. One of the experts collected statistics for 1996 and determined that during this time 1136 people won the lottery, despite the fact that the winnings were more than $ 1 million. And more than 4.5 thousand people received the amount of more than 100 thousand rubles. While for a similar period of time, lightning struck 91 people.

And it is worth saying that a lightning strike is a dubious victory, while in lotteries there are much more prizes and they are all pleasant.

Lottery is a method of collecting taxes from the state

The tax is a mandatory payment in favor of the state. And if a person does not pay taxes, then he can receive a large fine or even a prison term. But as for the lottery, this is a one-time entertainment and a voluntary choice of each person. And if he wants to play, then why interfere.

Lottery for the poor

In this case, there is absolutely no justification for the expression. Studies show that people with upper-middle income often play the lottery.

Americans across different income groups take part in lotteries, so it would be inaccurate to describe lottery participation as an activity limited mainly to people with low incomes. Survey data from the United States shows that lottery participation has been recorded at substantial levels across a wide range of household incomes. In a 2018 survey, 61% of respondents with household incomes below $25,000 said they had played the lottery during the previous year. The figure rose to 67% among households earning $25,000–49,999, 69% among those earning $50,000–74,999, and 73% among respondents with household incomes of $75,000–99,999. Research has also found that households participating in lotteries can come from different socioeconomic groups, although lower-income players may spend a larger share of their income on lottery tickets. Therefore, income alone does not provide a reliable basis for describing who plays the lottery.

High risk of lottery fraud

Of all modern industries, it is lotteries that are monitored and most carefully, activities are strictly controlled. So you can guarantee complete security and honesty.

That is, each participant has a chance to win, as well as a full guarantee that everyone has their own winnings – these are guarantees from the state.

Ticket sales are only profitable in case of multiple winners

Already now there are millions of players who have received a real payout. But no less players who really benefit from it. First of all, these are sellers who receive commissions from the sale of lottery tickets. It also affects the economy of the whole country.