The economics of American lotteries

Our analysis shows poorer citizens spend a staggering amount on tickets


  • by
  • 04 2, 2024
  • in Graphic detail

ON APRIL 1st millions of Americans watched as six numbered ping-pong balls tumbled out of a giant popcorn popper. The occasion was the latest drawing of Powerball, a multi-state lottery. The last draw offered punters a shot at a $1bn jackpot, the fifth-biggest in the game’s 32-year history.

  • Source The economics of American lotteries
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