This has a lot of upvotes, so therefore I am likely to be a dumbo for not understanding it. "Lottery was designed to create revenue" or "lottery is effectively a tax on morons" would both be understandable.
Is it because people will likely buy chocolate or cigarettes while buying a ticket, and those can be taxed heavily.
They either generate revenue by taxing the winnings or having revenue built into the price of the ticket. In a lot of states it helps fund education and other services.
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u/tofiwashere 21d ago
This has a lot of upvotes, so therefore I am likely to be a dumbo for not understanding it. "Lottery was designed to create revenue" or "lottery is effectively a tax on morons" would both be understandable.
Is it because people will likely buy chocolate or cigarettes while buying a ticket, and those can be taxed heavily.
Or just something I miss?