the house will win

“More than one American in five thinks that buying lottery tickets constitutes a sound retirement plan.

“What a lottery sells is a dream. That dream is of great personal wealth, even if the lottery is the only game in the world in which your chances of winning are not greatly increased by playing.

From The Economist, here’s a firm and revealing ‘Special Report On Gambling’:

“The most popular forms of gambling—slots, lotteries and casino games—are simply bad bets which players are likely to lose.”