Isn't it interesting that the government for years arrested people for gambling but when they can get into the act well perhaps gambling is not immoral after all.
I also find it ironic that the government sponsors gambling but requires a "gamblers anonymous" poster at every station.
The powerball was once called Lotto America and you could purchase two lines for $1. Then they added the powerball number and charged $1 for one line. Now it cost $2 for one line and they regrouped the numbers to increase the odds of winning. Worse yet they announce the powerball climbed to, in this case, $1.3 billion when in fact that is future value based on a hypothetical annuity which is misleading. Brought down to present value about half the proceeds then subtract taxes and I suspect hidden fees. Yes I agree its still can be a sizeable amount but I detest this kind of marketing. Just as I detest their "you can't win if you don't play. People have as much a chance getting bitten by a shark in Iowa then winning the lottery.
Oh wait there are sharks in Iowa their called presidential candidates
The reality is not too many people will resist buying a ticket or two for a chance at 1.3 billion...its in our DNA
|