Powerball’s massive jackpot will rollover and increase after Saturday’s drawing produced no winning tickets, according to the game’s website.
The $1.4-billion jackpot now grows to $1.55 billion but remains the third-largest in Powerball’s history (the second largest was $1.586 billion in 2016).
The last time someone won the Powerball jackpot after the July 19 drawing for the $1.08 billion pot. The winning ticket then was sold in California.
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I mean, if someone spends $2 once in a while for the fun and daydreaming, it’s not really an idiot tax. I’ll probably buy a single ticket.
For real. I buy a ticket occasionally just because it’s fun to think about what I’d do with the money for the few days before the draw. Worth the $2 in entertainment value. I’ll occasionally win $10 or something, which is a bonus. I fail to see the issue with people spending an inconsequential amount of money for funsies.
It’s the people who spend hundreds on lottery tickets that are the problem. Even then, people with gambling problems aren’t idiots, they’re desperate people who are being taken advantage of by the gaming industry.
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Got any sources on that?
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You’re not wrong. There’s serious issues with the gambling industry that need to be dealt with, as well as outside social problems driving people to it.
That doesn’t mean the whole concept of a lottery needs to be thrown out, or that anyone who participates is an idiot.
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Fair enough
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… even with tax you walk home with around 700 million. Is that a bad amount
When someone calls it an idiot tax they mean the actual $2 tickets themselves, not the winnings.
“Idiot tax” doesn’t refer to the taxes taken from lotto winnings.
It refers to the money wasted on the minute chance of winning. So minute that only stupid people pay it. Stupid tax.