Common Lottery Myths That Are Not True

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Lotteries are the unfortunate carriers of a stigma that they are the cause of a large number of socio-economic problems as well as criminal tendencies. These, if observed carefully are not so much associated with lottery per se but has more to do with the will power and money management of the player. Lotteries are also associated with a large number of myths – things that people believe but are actually not true. Here are some of the common ones:

The lottery is a disguised tax

A tax is compulsory, while the lottery is completely voluntary. Any money that is collected from the lottery is returned in full to the public, some in the form of prizes and the rest in the form of services.

Lotteries are targeted at the poor

A business cannot survive if its target segment cannot afford to pay for its products and services. The lottery tickets are sold in a variety of outlets all over the country (where it is allowed). They seem to be mushrooming in the less affluent areas as the restrictions in other areas prohibit the sale of the tickets due to security reasons. Another point to remember is that players do not buy the tickets near home, but they buy it near the workplace.

Most lotteries are purchase by the poor

Statistics show that the highest purchases of lottery tickets are made by the middle-class population and not the very rich or the very poor. The poor might be making the purchase on behalf of a middle-class counterpart.

The lottery is a complete loss if you don’t win

When playing the lottery, the investment made is small as compared to the possible return. In that small investment, a player gets to experience thrill, excitement, entertainment, and suspense. These are worth a lot in the busy life that we live today. If something as small as a lottery can break the monotony of life, why not go for it!

The government cannot be trusted as they are in it  to make money

We give a lot of autonomy to the state governments to take care of our needs, the state finances and the infrastructure. If they can be trusted with such big factors that affect our lives, what makes them incapable of managing a lottery? Yes, there is transparency in the system with the result getting published through various media channels.

There is no guarantee of fairness in the lottery

The process of the draw is conducted in a fair manner under the supervision of security guards. Since such a large amount of money is involved, the government cannot take it lightly and needs to provide protection to the money. A certain amount of the collected money is allocated to the government for improving the lifestyle of their people.

Winners are the only ones who benefit

Those who win definitely benefit, but there are others who get jobs due to the lottery industry. They definitely benefit, too. The lottery agencies also get their daily bread and butter through the sale of the tickets. The various business opportunities for suppliers of machinery, security services help them live a good life.

Considering that all these myths have been busted, the others that one can think of will also not stand much of a chance. The game should be played while making use of your will power and sensibility. You must not spend all your savings in the game but using a small proportion of it is not that harmful. There are online opportunities to play international lotteries, available now through the world leaders, Lottoland. On their portals, you can choose to play a large variety of lotteries and have fun.

Featured image: Unsplash

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Common Lottery Myths That…

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