Here in Florida, some of the money raised by the lottery is used for scholarships. I once heard someone say: "The lottery is low-income people sending middle-income people to college." That has stuck with me ever since.
@TheTaxiCast
Жыл бұрын
True indeed
@Ellron23
Жыл бұрын
Most state lotteries were setup to benefit education in some way
@PherPhur
Жыл бұрын
300 million $ went to Missouri schools from the Missouri lottery in 2022 alone. I don't like the word scam cause it carries a negative connotation. Sure someone getting rich, but its 1000x better than pretty much every other business in terms of overall contribution to society imo.
@GohersWay
Жыл бұрын
@@PherPhur yeah only if in your head a new whatever $300 million business is not going to decrease the prices of that product. Probably in your head collages and university are not money making business either. Basic question if you have excessive amount of collages, dairy, or some other products or specific food in your area will it going to be cheap or expensive?
@zoanth4
Жыл бұрын
They volunteer for it though
@jonathankeller7646
Жыл бұрын
The best way I ever heard someone describe the lottery was as a tax on hope...
@buzinaocara
Жыл бұрын
Just the "its a tax on the poor" is a little demeaning to the poor. It's a tax on gamblers, and it just so happens that there are more lotery gamblers among the statistical group of the poor than among the rich (perhaps there are just as many rich gamblers too, just gambling on cassinos or horses, or shit, stock markets?). But saying its a tax on the poor implies all poor people are irresponsible gambling fools that waste the money away at scrach offs, which is very incorrect, the high amount of money spent on lotery by the poor on the statistics is raised that high by a small cohort of that population.
@calholli
Жыл бұрын
It's a tax on the ignorant. Anyone who understands odds and probabilities would never give a dime to the lottery.
@buzinaocara
Жыл бұрын
@@eduffy4937 People who are perpatually poor, often are like you desctibe. Some others are just temporarily poor, but slowly taking steps into higher incomes. Just as some people are rich not because they manag their money well, but because their grandpa did, and they themselves are just chipping away at what they inherited for free. Socio-economic inertia is a thing.
@Redditor6079
Жыл бұрын
Nah it's a tax on the stupid.
@PondoSinatra680
Жыл бұрын
It’s a poor person’s 401k plan.
@froogleislive
Жыл бұрын
You know whats even more hilarious, these people would get upset if you took the lottery away. I used to work at an AMPM when I was 17, we had regulars that would buy tickets. I would ask them if they knew what their odds were, they said yes. One guy told me he knew for a fact he'd never win but the euphoria he got from daydreaming about winning was worth the money. That to me sounded crazy at the time but as an adult now, I can see its allure lol
@eugenesmith4770
Жыл бұрын
When you get to that state you should look at yourself from 3rd person view and realize that you're just fooling yourself and it's unproductive in long run. Life is not a race it's a marathon
@b-rare
Жыл бұрын
If they spent that money and time wasted daydreaming trying to actually build a business or get a better paying career or better themselves they’d be in a greater position. Problem is a lot of people are just lazy and want the easy way out of things.
@Deathinacann
Жыл бұрын
@@b-rare if youre happy daydreaming then thats winning life
@thomashygum5310
Жыл бұрын
It is hard to argue that those people are not making an informed decision. It is not the economically optimal decision, but neither is paying for lessons in watercoloring, or a huge ass Wroom-car or collecting pokemon cards or whatever other things people spend (waste?) their money on. From a certain point of view, buying a lottery ticket in order to derive greater enjoyment from watching the lottery on tv is not much different from paying for a netflix subscription or membership of a golf club.
@Heligany
Жыл бұрын
Thats the logic of someone with almost no hope left, the odds dont matter when its the only way out you can see
@Ejbarymore12
4 ай бұрын
My grandpa used to say it's a tax on the stupid, that really hit me as a kid, and I've never even gotten a scratch off, lmao
@ianandersen265
5 күн бұрын
I'm not stupid. I just don't care.
@mikea.1586
Жыл бұрын
The worst part is if you tell people who buy the lottery regularly that its the government's way of taxing them, they go into denial mode... and usually these are the same folks that hate the government or think they're so smart that they're not paying actual taxes to the government... I always say the government is the one having the last laugh.
@gr8life12
Жыл бұрын
The "anti-government" crowd are usually the most susceptible to other money scams too like MLM, pyramid schemes, and other Ponzi and get rich quick schemes. Best not to mention that to them, it's fun for them and education for you.
@Midala87
Жыл бұрын
It's just annoying seeing our income being taxed multiple times over in numerous states.
@popopop984
Жыл бұрын
I don’t want to be stating the obvious, but the government isn’t the only one that runs lotteries. It would just be another private corpo. Like the PNE with their free house lottery? Have you seen that? The only practical solution would be to ban lotteries altogether
@Splarkszter
Жыл бұрын
@@popopop984 We cannot do that anymore. Look at what happened when alcohol was banned. lmao People. The best and only path is to educate people, and i'm not talking about schools. Just give the the info, make them realize what they are doing (basically what this video does too).
@themikep82
Жыл бұрын
It's not a tax. The key distinction is that taxes are involuntary and enforced by legal penalty. Buying lottery tickets, while dumb, is entirely voluntary.
@davidmcdonald1898
Жыл бұрын
For a college course, I wanted to investigate how Pennsylvania allocated its lottery funds "to benefit seniors," as the ads put it. I contacted the state revenue service to request some data, and I was pretty much treated like a terrorist. Everyone I spoke to was evasive at best, but usually downright rude. "Why did I want it," was the usual retort to the request; often they wanted my phone number for a callback. Finally, I received by mail a single sheet document with columns of numbers but without any context as to time periods covered and so on, much less where the money went. Years later I discovered that funds were used to supplement seniors' prescription costs, but eligibility was stringent with high deductibles AFTER Medicare D plans. Terrific video!
@RobespierreThePoof
Жыл бұрын
Sounds like your research for that class did not go well. Honestly, part of that is probably simply because you were a student who government bureaucrats do not have to take seriously. Credentials would have gotten you further. And if not, you could have used some of the skills journalists develop (if they are any good.)
@TheArob
Жыл бұрын
@@RobespierreThePoof You shouldn’t need credentials to access records that they publicize as public. If they want it to be private they shouldn’t promote it as such.
@micosstar
Жыл бұрын
@@TheArob yeah, that’s pretty sus for a government to be covert about public information
@ckwind1971
Жыл бұрын
Is there such a thing as FOIA requests for state documents?
@machwind3266
Жыл бұрын
Yeah, so the funds barely did what they said it did. A tiny little vein of help for the seniors and I suppose the main majority of the funds went elsewhere.
@SevenEllen
Жыл бұрын
I stopped buying lottery tickets a year after I started buying them regularly. I learned I was losing more than I was winning and got bored of the losses. I realised it wasn't worth it, so I ditched the habit, worked overtime a lot for a long time, and now I have back all my losses. The way to win the lottery is not to play.
@MediaMusik777
Жыл бұрын
We should do a KZitem , how much money I save from not buying a lottery ticket , so basically save the the same money over 10 years I bet it’s 20-40 k
@SevenEllen
Жыл бұрын
@@MediaMusik777 I've kind of already done that without the KZitem video, and before and after I started buying lottery tickets.
@SevenEllen
Жыл бұрын
@@MediaMusik777 Anyone who wastes between 20k and 40k on lottery in ten years needs to sort out their priorities. That sort of money could go towards paying off a mortgage or ending some kind of debt.
@elenaefremova7463
Жыл бұрын
Some people win from buying FIRST EVER TICKET!!!!
@SevenEllen
Жыл бұрын
So? It's still extremely rare and doesn't mean that millions are still being conned out of their losses. It still doesn't justify all the poor gambling addicts whose lives are ruined.@@elenaefremova7463
@xtatic3703
2 ай бұрын
My wife & I would always tell my grandmother she needs to stop buying loterry tickets & giving 10% of her income to her church bc she was already in so much debt. She got to the point where she would scream at us trying to convince us she does neither. After she passed, we find all kinds of receipts & paperwork that she indeed did both. She gave away so much money & played the lottery like a psychopath thinking she was going to win canceling out all of her debt. My wife & I both refuse to do any kind of gambling, nor do we voluntarily give away any of our money to anybody or business/corporations that have their hands out. We work hard for our money & the government already STEALS more than enough in taxes from hard working middle class families as it is, so we will never give not even an extra penny willingly. It's absolutely ridiculous how much extra money the government gets from various "deals," yet we are still trillions in debt.
@placeholdername0000
19 күн бұрын
Read up on Strongtowns and the growth Ponzi scheme. It doesn't explain everything, but it does explain some of the bad economics going on. Especially in the US, but unfortunately also in many other countries.
@genkidesu4325
11 күн бұрын
The government is overgrown and corrupt. Elon musk spoke about a government efficiency oversight board. American leadership needs to be better, these taxes are pure communism
@lsowner10
10 күн бұрын
Give your money to a church for what?
@Leslie-zn9ly
9 күн бұрын
@@lsowner10exactly they’re aren’t helping the community either. Very few do, so choose carefully.
@tshirtfactory07
6 күн бұрын
@Leslie-zn9ly the church my wife likes to drag me and our boys to has a coffee and donut budget that exceeds my annual income. This is for coffee and donuts for 2 services per week. TWO!!!!!
@CeeJayLerod
Жыл бұрын
I wouldn't even say it's a case of lack of education, but rather a case of exploiting desperation. I know I spent the most on the lottery when I was about to lose my own house. I knew that the chances were almost impossible that I would win, but it was like I was hoping for a miracle to change my situation. A miracle I could opt into. That 5$ I was spending on the ticket wasn't going to get me out of my situation, even if I saved it, but even it was unlikely, it could resolve everything if I had won. So yeah, I think reframing it from "uneducated" to "desperate" would change a few perspectives.
@shawnsalm1109
Жыл бұрын
Thank you, I was going to make this point as well, but you nailed it.
@CharliMorganMusic
Жыл бұрын
It's not "desperate." I'm poor, but I can also do math, so it's a tax on people who are stupid. This often includes poor people, and we should be realistic about who is paying for these things.
@CeeJayLerod
Жыл бұрын
@@CharliMorganMusic This to me sounds like somebody telling someone else that professional wrestling is fake. The vast majority of people who watch wrestling know its fake, and still chose to enjoy it, while I know a ton of people that know full well that their chances of winning the lottery are close to nil, and yet choose to participate anyways. It's the same kind of comment that leads addicts to hide their addiction, because they're afraid of being seen as dumb (as often repeat that kind of comment to themselves, leading to worse outcomes). Assuming that everyone who plays the lottery is "dumb" isn't realistic, it's detrimental, and leads to avoiding the problem instead of resolving it.
@Homer-OJ-Simpson
Жыл бұрын
It's a tax on hope from the poor.
@thesorrow1521
Жыл бұрын
@@CeeJayLerod Yeah but Wrestling is fun to watch and is worth the money. I get what you are trying to convey though and you are right to some extent, but while the majority of people who play lottery fully know it is unlikely to win, not that much know that it's more likely that they get struck by lightning twice than to win the jackpot.
@paradonym
Жыл бұрын
Johnny: "we have to make lottery tickets a business expense" Team: "okay"
@bjbarlowe
Жыл бұрын
If he wins it’s a personal expense. If he loses it’s a business expense. 😂
@kaleb51
Жыл бұрын
*Team: "bet"
@daimsaeed
Жыл бұрын
Irs: you might regret this
@geosync9742
Жыл бұрын
Johnny has it all figured out. His life is a business expense from the electronics to the travel.
@dbz9393
Жыл бұрын
Good fucking luck explaining that to the tax man
@CP-oc3nz
Жыл бұрын
my father was a brave worker and he spent a good part of these wages on lottery and horse races, today he is over 70 years old, has never won a single faith and lives in social housing, it is one of my best life lessons 😊
@charlesgale4257
Жыл бұрын
better than cigarettes i guess
@alwye
Жыл бұрын
Cancer?
@julius43461
Жыл бұрын
@@charlesgale4257 Yeah my father smoked so much, that he could have probably bought a house if he saved all that money over the years. Can't say what's worse.
@julius43461
Жыл бұрын
@@alittleeager1485 And you should say that about everything. It's just that cigarettes are way worse than any of those things. Super expensive, and you are still hungry after you smoke. At least if you are eating a burger each day you took care of one of your basic needs.
@aaronchilds4539
Жыл бұрын
The fed an state tax rate is true
@maddie8415
Жыл бұрын
Thank you so much for calling this out for what it is. The thing about the lottery that bothers me the most is that the people more likely to regularly buy tickets are those who struggle enough financially that their biggest problems *would* be solved if they won...despite the fact that what they spend on these tickets is overall a bigger loss than it would be for someone who is well off financially. The entire thing feeds on desperation...and I don't blame anyone for feeling compelled to participate. But it's all just the same trap as gambling, and any attempts the government makes to distinguish it from gambling only make people even more vulnerable to it. It's all just a way to get the people with little money to spare to take a disproportionate role in funding the government (and others involved in the lottery).
@Thewinner312
8 ай бұрын
But he is not "calling it out for what it is". The lottery is not a tax on the poor. Taxes are mandatory, the lottery is not.
@Mr_T.
5 ай бұрын
@@Thewinner312 While participation in the lottery is technically voluntary, its regressive nature, disproportionate impact on low-income individuals, and broader societal implications suggest that it functions, to some extent, as a tax on the poor.
@Thewinner312
4 ай бұрын
@@Mr_T. You have just said literally nothing. You have only queued up a few pseudo-intelligent words that don't mean anything. Like how is something "technically" voluntary? Either you have to do something or you don't. Nobody has to play the lottery, making it voluntary. Just saying the word "technically" before a fact, doesn't change that it's a fact.
@Mr_T.
4 ай бұрын
@@Thewinner312 Damn conservatives, always thinking in black & white. Gemini seems on the mark for a pseudo-intelligent AI. There are situations where an act appears voluntary on the surface but may have underlying factors that limit true free choice. Here are a few examples, including the lottery: 1. The Lottery: Limited Economic Opportunities: For people in poverty, the lottery might appear as a chance for a better life, a way out of their economic hardship. However, the odds of winning are very low, making it an unrealistic solution. This lack of realistic alternatives creates a situation where the lottery, despite its low success rate, seems like the only option. 2. Unfair Contracts: Power Imbalance: Someone in a desperate financial situation might agree to a loan with unfair terms because they urgently need the money. While they technically agree to the contract, the unequal bargaining power creates pressure that limits their ability to make a truly free choice. 3. Coercive Advertising: Exploiting Vulnerabilities: Advertising that preys on insecurities or fears can manipulate people into buying unnecessary products. The act of purchase might be voluntary, but the underlying pressure or emotional manipulation reduces genuine free will. 4. Limited Education or Information: Deceptive Marketing: Someone might agree to a service or product based on misleading marketing. Without complete information, their decision is not based on a truly free choice. 5. Addiction: Compulsive Behavior: People struggling with addiction may engage in harmful behaviors voluntarily, but the addiction itself limits their ability to make rational choices. Key Points to Consider: Voluntariness and Pressure: The presence of pressure, limited options, or manipulation can make an act appear voluntary but cast doubt on the true freedom of choice involved. Context Matters: The context surrounding a decision is crucial. A seemingly voluntary act might be less so when considering the underlying circumstances. The lottery example highlights the limitations of free will when economic hardship restricts realistic options. People are "voluntary" in their choice, but the context of poverty makes the lottery seem like a more viable option than it truly is. By understanding these complexities, we can have a more nuanced understanding of human behavior and decision-making.
@peter-ek3uh
4 ай бұрын
@@Thewinner312 The most humane thing we can call the lottery. And I mean calling it for what it really is. A fraud....or a theft.
@maiastela
Жыл бұрын
I used to work part time at a supermarket, and people coming to buy/check their lottery tickets were the WORST clients. A couple even called me stupid for not understanding their weird lottery jargon… yeah, because I’m not the one spending hundreds on that… rightttt
@nabri-nfg3262
Жыл бұрын
😒 they have habit of pulling tickets out there ass or asking for another ticket right as you close the transaction
@nabri-nfg3262
Жыл бұрын
@@aleks-wy6uf 🤣 yeah bro, yet they keep complaining that they have no money and they need a winner and shit ¯\_(ツ)_/¯ buts it's probable I'm stupid
@atharvajumde52
Жыл бұрын
Same experience. People won 10$ and buy more to tickets from that smh
@GeneralChangFromDanang
Жыл бұрын
"Yo, I need a pick 3 double down power play."
@beep6202
4 ай бұрын
Oh man same. I worked a service counter and never once understood the lottery lingo.
@buggieboi1988
Жыл бұрын
Imagine if Johnny had won the multi million dollar lottery while filming. The video probably would have taken a totally different turn. 😂
@lookinaroundguy
Жыл бұрын
Alternate universe
@deivclayton
Жыл бұрын
I would hope if he had, he'd pull a Mr. Beast and help some poor people with eye surgery or something good like that.
@juju8462
Жыл бұрын
@@deivclayton I would hope if he had he spend it on a big fireworks show, and a lifetime supply of doritos
@LisaCulton
Жыл бұрын
He wouldn't complain if he did.
@MichelleGarciaReporter
Жыл бұрын
Why was I really hoping this would happen?! 😂😂
@Baby-ob1yf
Жыл бұрын
Here in the Philippines, part of the lottery money goes to helping people with their medical bills. People line up to ask for financial aid every day. As a cancer patient, it has been immensely helpful for me.
@IntergalacticSpaceKitten
Жыл бұрын
I'm sorry to hear about cancer. I know it has to be tough and exhausting, physically and mentally. And yeah, I believe that any financial stuff should always be the LAST thing a person fighting cancer should be thinking about. That's so much extra stress to put up with on top of it all. Anyway, I hope everything is going well for you ♡ 💪Keep fighting, hun and much love and hugs to you! ♡ And FUCK CANCER. I hope and pray for a cure someday very soon.
@cocojamonica
Жыл бұрын
Sadly, we have this instead of socialized healthcare
@28russ
Жыл бұрын
That's shit mate. No one deserves fuckin cancer. Hope the money helps you kick it's arse. Good luck with the fight and I hope the universe lets you win the lottery of life 🙏🙏🙂
@johnlando8557
Жыл бұрын
Yep a portion of money being used, are for charitable works. And also recently almost 400 people won the jackpot on a single night. You better check it out.
@Ayd1th
Жыл бұрын
the harms of gambling outweigh the benefits by a thousandfold
@RubberDuck-5000
2 ай бұрын
3:43 end of sponsorship
@theextrastuff
12 күн бұрын
Thanks dawg
@StarSapphire93
8 күн бұрын
You're out here doing the Lord's work
@RK-cj4oc
7 күн бұрын
Thanks.
@Last_Chance.
6 күн бұрын
@@StarSapphire93is that you Theo!?!
@rileyconnor1080
Жыл бұрын
I work at a bar, and I see the same people come in to exclusively play the video lottery. They rotate between a few other spots to avoid some embarrassment, but I know a good chunk of their money goes into those machines. The saddest part is seeing their gambling slow down, they hit, and the cycle starts all over again.
@nodsib
Жыл бұрын
Yep, the worst thing to happen to a gambling addict is them actually winning something, they double down and spend the winnings and more
@jensenraylight8011
Жыл бұрын
they felt too rich to spend their money on themself, therefore, just throw away that trash money into a gambling paper
@altrimdjaferi8167
Жыл бұрын
Fun fact: in Germany the lottery winner is not taxed from the government because according to German laws everything that you win in Germany its tax free
@ZachBobBob
Жыл бұрын
Winnings are tax free in most countries I think
@altrimdjaferi8167
Жыл бұрын
@@ZachBobBob not in any country some countries tax your winnings for example the USA
@ZachBobBob
Жыл бұрын
@@altrimdjaferi8167 Yeah the USA is an outlier is what I'm saying
@pegcity4eva
Жыл бұрын
Same as Canada
@henvdemon
Жыл бұрын
@@altrimdjaferi8167 the usa would tax us on air we breathe if they could. Nothing is off the table for those parasites.
@rhodrambles3943
Жыл бұрын
I sort of knew the lottery was a tax on the poor, but had never thought about how the money is taken away from poor areas and given to programmes that dont benefit them. Really interesting way of framing it.
@quasii7
Жыл бұрын
*tax on the uneducated
@buzinaocara
Жыл бұрын
@@quasii7 he gets it. If you wanna play deconstryction games, then go all the way with them. Don't just switch one bad generalization for another.
@LexlutherVII
Жыл бұрын
i also have a feeling that people who win are actors!
@itsytyt5192
Жыл бұрын
hg
@EsotericDichotomy
Жыл бұрын
I don't like the lottery because it takes advantage of the uneducated, but I think calling it a tax is silly when it is voluntary. (Setting aside those who do or don't believe in free will vs determinism) no one forces people to buy a lotto ticket. To me it is less a tax, and more just a predatory scheme.
@BB-gc8ox
5 ай бұрын
The lottery is a tax on people who can’t do math
@MuseseekerMan
Ай бұрын
It's better than a tax where you don't get a chance to become rich overnight. And it's a tax people get to choose to pay. And it's a tax that helps keep other taxes from being raised. How's my math?
@usaslastresort1126
12 күн бұрын
@@MuseseekerMan100 years from now we’ll all know it was rigged you have no idea what’s going on behind the scenes yet you are so sure it’s positive
@davenetdog
Күн бұрын
Best way to tax the poor.
@hiddehohmann4315
Жыл бұрын
In The Netherlands this was actually criticised in the news a couple of years ago. Now the government passed laws to make their lotteries less attractive, by having limited commercials without celebrities and the lottery stands should be less prominent sight in stores.
@Monkehrawrrr
Жыл бұрын
Most of this video is fluff... like at least 80%+
@28russ
Жыл бұрын
@@Monkehrawrrr Huh?? What's ya problem with this vid? He has to put some entertainment value in it or no ones gunna watch it. And he came to the right conclusion. Did ya want it to just be 30 secs long and for him to say the lottery is a tax on the poor, stupid and desperate and that's it with no context......100% of your comment is incomprehensible. 🤷♂
@28russ
Жыл бұрын
Down here in Australia we literally have the highest rate of gambling in the world and there's heaps of gambling ads on the TV followed by some quick "gamble responsibly" bs and a gamblers help line phone number the Government forces em to up to pretend they care even though the Government makes a shitload outa taxing gambling. There's slot machines or poker machines or pokies as we call em in every pub or club. Most countries like the U.S. only allow em in casinos. But they're bloody everywhere down here.
@deviouslaw
Жыл бұрын
Or if they just stopped, that would be another good option.
@chrisjackson1889
Жыл бұрын
Another thing the Dutch has done right
@daisei-iketani
Жыл бұрын
Interesting topic and very informative. Here in Japan, the lottery winner is kept secret and there are no taxes paid on winnings. You could win and not have to worry about long lost relatives suddenly showing up on your doorstep! 😂
@misterserious3522
Жыл бұрын
The potential to just keep it all and pretend there are secret winners is too great as goverment is by definition ritualized corruption and manipulation of the general public. Power always corrupts and there is never enough money or power for the corrupted to be satisfied.
@Oblivisci........
Жыл бұрын
You don't live in Japan quit lying you weaboo.
@gclayt1054
Жыл бұрын
I think that means that nobody’s winning.
@henvdemon
Жыл бұрын
Announcing who won the lottery is honestly pretty screwed tbh.
@esuil
Жыл бұрын
@@henvdemon AFAIK in US, in many states you can refuse to be announced. But because lottery is mostly used by low education people, they usually don't understand they can refuse to be announced and don't hire lawyer before collecting their winnings. There are lawyers who specialize on lottery winners and will help you to do everything without broadcasting your name, but most winners just rush in, agree to everything and get the money, without any planning or hiring the lawyer/adviser, because, well, they are mostly low education part of the society. There are also options on taking the winnings using trust instead of as a person. But yeah, even in states that allow this, many people still go with media rush. And even if your name is announced as a winner, the only things announced are name, city and the store you got the ticket. You can simply move the state/city and change the name after that, you will have money for that.
@TheEclecticDyslexic
Жыл бұрын
Just a note about better help (your sponsor). They have been giving away patient data to social media companies. IE they are giving your medical information to Facebook so they can advertise to you based on your private medical data. (Targeting you specifically knowing you have some diagnosed disorder) Don't use them, the company is shady AF.
@adikul358
Жыл бұрын
source?
@Mrbe.ast6000
Жыл бұрын
@@adikul358 search up denver7 betterhelp. There is an article about it.
@harshsrivastava9570
Жыл бұрын
@@adikul358 there are many, a quick search will show you some studies
@UsernameOG0
Жыл бұрын
Advertising therapy is trendy these days… we all need to talk to someone about our feelings 🤡
@haruntekin6724
Жыл бұрын
Burden of proof is on the accuser. Yes, I looked it up and you have a valid point, but all the people reading your comment without a source is shady in itself. That's how disinformation spreads.
@BallerDan53
11 күн бұрын
You know what else is a tax on the poor? Every other tax. The IRS doesn't go after the rich.
@jer103
Жыл бұрын
I use to work at a gas station. One customer would come with $700 in cash, and would put it on Powerball tickets every week. It was a pool of 14 workers at some company that tried to win the lottery. You see on each ticket would win 15% to 25% back, as I was the one scanning the tickets.
@joeyvindictive3552
Жыл бұрын
That's actually phenomenal return for them. At my job we would pool together half that amount for Powerball, about 35 of us, $10 each, and every time we would win between $6- $15. So the people you're talking about did very well Edit- I don't mean $6 - $15 EACH, I mean total for us to split 🤣
@JimmySaul888
Жыл бұрын
My grandfather used to call the lottery "The Fool's Tax." It's the only tax you don't have to pay.
@KingBobXVI
Жыл бұрын
It would be interesting to see a followup video covering the outcomes of people who _do_ win the lottery. I often hear that for a lot of them, it doesn't end well, because they aren't used to having so much they spend through it all very quickly and can end up poorer than they were before, or they get hounded by relatives and it can ultimately break their social life. Not sure how often that is vs better situations, but it would be interesting to see a data-driven breakdown if there is one.
@Graysandal4332
Жыл бұрын
Ive even read that its way, way more common for lottery winners to end up worse vs the opposite. Like only a few make the right choices
@JWQweqOPDH
Жыл бұрын
They also are swarmed by scammers. Rich people can hire loyal advisers because those advisors know that they can achieve a long successful career advising people with stable and high income. Also conventionally rich people have connections to other powerful people who can share the reputation of these advisors. Not only are lottery winners less financially aware, there's no practical reason for anybody else to give them good long term advice.
@Dominator9572
Жыл бұрын
I've heard of lottery winners waiting to come forward, and paying someone to claim it for them to be anonymous.
@BenDurham
Жыл бұрын
Apparently you're a lot more likely to die if you win the lottery. Like... By a lot. For money reasons.
@amosbackstrom5366
Жыл бұрын
@@Dominator9572 That's a pretty smart move, and taking the money over time is the only way to go... How could anyone possibly need so much at once that they'd be willing to lose half of it altogether?
@alfredmayes5005
Жыл бұрын
While I agree with everything portrayed in this video, I can truly say that when you purchase a lottery ticket, and I’ve done so a handful of times over the years, the excitement of dreaming what to do with your potential winnings is what drives people to buy a ticket, especially when the pot gets over $250,000,000. Clearly the statistical odds of winning are horrible, but the thought of winning the prize is a rush. The same rush gamblers get. And that’s why I don’t play anymore. I might as well give a few bucks to someone that is downtrodden. That would have more redeeming value than buying a lottery ticket.
@kentjensen4939
11 ай бұрын
You're more likely to be attacked by a shark in the middle of the desert.
@montaiahypolite5275
9 ай бұрын
But if you win, you can help millions of more. It all starts with a dream honey, you will never win if you don’t play. A two dollar play is worth multi million dollar possibility to me.
@CIOZimbabwe
8 ай бұрын
@@montaiahypolite5275 you are not going to win the lotto!
@mounirnidzamar5586
4 ай бұрын
It's a chance you do not need any knowledge or anything else it's all about your luck why do you scam?!
@peter-ek3uh
3 ай бұрын
@@montaiahypolite5275 It's all fake. Every one of us would have known someone by now who has won. Maybe not next door. But it's a small world. They fight tooth and nail...to keep you from winning $500.00 on a pick3 game. Hundreds of one off tickets. You can spend $500.00 every night and like a miracle, the number falls on the other side of the spectrum!...The odds are not 1-1000 . The odds become zero. So...in light of that... I do not believe they would let just anyone win Mega or Powerball. There is a club. And we are not in it!
@jonblaze333
Жыл бұрын
I hate being at a convenience store in line behind a lottery fanatic. They always take FOREVER!!
@Master-fj5xo
11 ай бұрын
Amen
@Purepresa
8 ай бұрын
Totally agree Move out of the way!
@tropicalOG24
8 ай бұрын
😂 funny I always say the same
@heatherduke7703
8 ай бұрын
Just the other day I was at the train station trying to buy my sandwich and coffee before I caught my train and the person in front of me was cashing in their tickets and deciding how many more tickets to buy with their "winnings" 🤦♀️ I was getting super antsy thinking I'd miss my train. The line behind me grew to like 7 people when it started with just the one lady. I really don't think these transactions should happen person to person at a place like a train station 😅
@VirgilJohnson-gc6vd
7 күн бұрын
Yea,"What number is that ticket". "What's the number on that other roll"
@whistlepig
Жыл бұрын
"The lottery makes taxes fun." That may have been my favorite line. Thank you for this video and for the insightful look into this tragically unethical form of taxation.
@seuri678
Жыл бұрын
I do not think it is unethical, it is a service you can take it or leave it. The government has to use their more wisely and addicts are a problem. There is also a good reason for higher earners to not take the service as for me 20M more would not change my life significantly. It will most probubliy mean more work.
@henvdemon
Жыл бұрын
rather have the lottery instead of taxes personally. Be alot more appealing tbh.
@jasondashney
11 ай бұрын
It's not a tax literally nor figuratively. You pay a set fee for a chance at a set reward. That's literally it. Where that money goes is irrelevant. A tax is money paid directly to a government for a service. This is not that. And I think it's on ethical to deny people who are poor the chance to win millions of dollars for a tiny charge. It's also arrogant because you're assuming that the poor are stupid and don't know what they're doing. They know the odds of winning are incredibly low.
@sophiehanson5559
9 ай бұрын
I’m an accountant who should never been seen in a casino
@Nick_80599
8 ай бұрын
Yes! Tax doesn't have to be taxing. Another one tobacco especially in Australia,Ireland and the UK. Its over $20 dollars for a pack of cigarettes in Aus
@Primo_extracts
Жыл бұрын
I've been wondering why schools never seem to have enough funding to do what they need to get done. This was a great investigation. Thank you.
@LisaCulton
Жыл бұрын
They do have enough funding. Public schools have even more funds available than private schools.
@Primo_extracts
Жыл бұрын
@@LisaCulton maybe where you're from schools have enough money but not here in America
@LisaCulton
Жыл бұрын
@@Primo_extracts That was in South Carolina where my son had been enrolled in both a public and an expensive private school and I looked up the (publicly available) spending per student in the public schools... And found out that thousands more were spent on the public school children as compared to the upscale private school. Very interesting.
@joez.2794
Жыл бұрын
No government institution will ever have "enough funding."
@darkevilazn
Жыл бұрын
@@LisaCulton In SC, are private schools that don't discriminate with student enrollment allowed to claim some form of government funding? But, I wouldn't be surprised, since most things are supplied by the school in public schools, but you have to pay for almost everything in private schools. I don't actually know if your private schools include extraneous expenses in tuition costs. Most of the private schools I know are pretty expensive since tuition doesn't cover the other costs like equipment, food, books, specialized uniforms, etc.
@steaks3451
Жыл бұрын
The lottery is bad for those that get hooked, but everything in moderation is fine. Life is a gamble, as long as you are having fun playing there is no harm in it.
@chench1lla
Жыл бұрын
As someone with major depression and given up all hope, I am completely immune to gambling.
@p3rpNZ
Жыл бұрын
Lol you may be hopeless but at least you still funny
@PlatypusPvP
Жыл бұрын
Jesus can give you hope. No depression can stay when you find your identity in Him! There's so much purpose for you.
@aemi_sa
Жыл бұрын
i like how u saw the positive here. i bless u
@athenaraines
Жыл бұрын
The mental health equivalent of being immune to malaria because of sickle cell anemia
@samuhlm2
Жыл бұрын
Sounds like you haven't found the right game or type of gambling! ;)
@MickDavies
Жыл бұрын
I worked as a coding contractor at the biggest lottery business in Australia and learned a lot from the existing staff I worked with. We went through the actual calculations and statistics of winning Powerball, mind blowing stuff. I’m not a gambler so I have only ever bought 2-3 tickets in my life. You have a higher chance of being hit by lightning twice before winning Powerball in Australia, it would be significantly worse in the US (24M vs 330M population)
@kawaiipoop3160
Жыл бұрын
Do they rig the lottery ?
@JustWesley.
Жыл бұрын
@@kawaiipoop3160 Well, for the powerball it's not really rigged.. everyone buys it making the prize bigger, until they show the winning numbers but the odds of being that special person are very very low.
@dogguy8603
Жыл бұрын
@@kawaiipoop3160no, the mathematical and statistical odds are just shit for the gambler
@sunsetgarage755
Жыл бұрын
I love how people win lotto every week, but apparently lots of people are getting struck twice by lightning every week. Must be such a boring news topic that nobody even bothers to report on it anymore. Your statistics suck.
@bzipoli
Жыл бұрын
@@kawaiipoop3160they don't need to. just do the math. here where i live they have to legally put the odds in the little thing you put the numbers in it's simple school maths, just apply to the lottery your curious about to see how hard it is
@ShaytarnOffical
Жыл бұрын
2:26 Do one on the ‘Therapy Scam’ 😂😂
@VibhorWase
4 ай бұрын
No matter who wins the lottery, the govt always wins the jackpot
@alexanderstauber
Жыл бұрын
The good thing about german Lotto is that the winners can stay anonymous, they don't need to pay taxes on the win, the lottery has really strict advertisement rules and the lottery has to pay taxes which helps the federal state in which the people spend the money.
@stevemill8959
6 ай бұрын
Wow we are over taxed here our founding fathers are rolling in their graves
@scifirealism5943
18 күн бұрын
Wow.
@MrFriday123
Жыл бұрын
I live in Alabama where we don’t have a lottery but everyone around me begs about a lottery and I have always seen it as a scam. Like whenever we would go out of state we would get one and get nothing
@Abdulmajid99o
Жыл бұрын
Bing joker lottery Win Win Win Win Johnny lottery Pottery Win 20 million dollar. It's good thing because we made money part time. Start tickets for 1$ buck to 10$ dollar Spam
@EsotericDichotomy
Жыл бұрын
It is a scam, pray it never gets okayed in your state
@Alsatiagent
Жыл бұрын
Whether you save those few dollars for a beer, an investment or give it away to a church or homeless stranger, you will have done yourself a service, Mr Friday.
@MrFriday123
Жыл бұрын
@@Alsatiagent for some reason people around me beg for it
@wanderingohm
Жыл бұрын
Something that I think is intresting is what happened in the UK. Camelot was/is the company behind the national lottery which was the first lottery we had in the 90s It was up for renewal several years ago and Branston wanted to buy it and call it the people's lottery. His concept was more winners of a million and a million cap on the prize. This absolutely didn't happen.. He was villanised in the media instead and the national lottery just exploded with bigger games and lower chances of winning
@WilliamStevens007
Жыл бұрын
I wonder if things will change now scamolot have lost the lottery. I have played both the lottery and euromillions from the start and never won more than £200 and in fact have only won twice both being under that 200 quid. I feel that it is just a tax on the poor and they play on the fact that the poorer element of society play it in the almost impossible belief that oneday those numbers will come up. But they won't will they.
@matts2080
Жыл бұрын
Idk my mom's allotment has had loads of funding from the lottery so it's good occasionally sometimes
@raybrown10001
Жыл бұрын
A lot of recent British Olympic success was bankrolled by the lottery. It allowed athletes to give up their part time jobs and train full time.
@jaysmith2858
Жыл бұрын
The public has no say when it comes to where the money goes. If you look into who/what gets lottery funding you'd be very surprised, if not shocked and even outraged.
@michaelhaywood8262
Жыл бұрын
In GB instead of buying lottery tickets you can just make a one off investment in Premium Bonds. These go into a monthly draw FOR LIFE, the prizes range between £25 and £1m. Your heirs get the money back when you die. So all you lose is the interest you would have got on your investment.
@samuelstrachan2726
9 ай бұрын
It's not a scam. It's a dumb purchase
@yasu-ekarunaratne569
Жыл бұрын
I am an economist from Sri Lanka and I find your knowledge in economics just amazing ! I love how you are educating the public !
@marielaausher
Жыл бұрын
I think I remember him saying in a video that he has a degree in business or economics, something like that
@ronjose51
Жыл бұрын
I don’t know man ya should of hired more economists for sure
@lapharge64
Жыл бұрын
@@ronjose51 and you should HAVE hired an english teacher
@bhavanarayanasripada1354
Жыл бұрын
Btw, how is the economic situation in Lanka right now? Hope it's all good.
@yasu-ekarunaratne569
Жыл бұрын
@@bhavanarayanasripada1354 It's actually looking a little bit more promising, our inflation is reducing and the LKR is appreciating against the dollar. We are really tightening our belts, we have high import bans, but on the converse our exports increased due to the earlier LKR depreciation against the dollar. Also all eyes are on the government, they know they cannot afford another mistake ridden with political myopia. We are doing our best! Also thank you so much for your concern. It's really nice of you to inquire.
@user-rm7wp1qp6f
Жыл бұрын
I worked in an office of about 25 people and the lottery got to $100 million, so one co-worker collected $5 from everyone to buy tickets. After I gave my money another co-worker commented it is a bad idea for the whole office do this, because if we win, we quit!
@chrisbuckley1785
11 ай бұрын
But I bet you didn't win and are just $5 poorer.
@FaithandNova
11 ай бұрын
What’s the problem? Jobs replace ppl like they never knew the ppl existed 🥴
@itsoktobehappy461
9 ай бұрын
People ALWAYS way over estimate their chances of winning
@peter-ek3uh
4 ай бұрын
@@itsoktobehappy461The odds are zero it's all a hoax. Like Santa and the tooth fairy. Anyone who gets a payout has invested past the point of no return. The big ones Powerball and Megamillions. You have a better chance of swimming to mars and recording a hit record.
@peter-ek3uh
4 ай бұрын
God is pretty pissed off. God bought a Powerball ticket and when the lottery saw he had the correct# they reached in and pulled a couple numbers out. I think the rapture is coming!
@Boskiesadventure
Жыл бұрын
I was super addicted to gambling for over 10 years, being fooled by my own crazy mind chasing that jackpot’ it’s disgusting how badly it can take over your life’ I made a gambling addiction support group if anyone here struggles with gambling! This video is awesome man! ❤
@NAT-turners-Revenge
Жыл бұрын
Do you play baccarat 😉
@sadedx
Жыл бұрын
Usernamecheckout
@Boskiesadventure
Жыл бұрын
@@NAT-turners-Revenge I did for several years!
@NAT-turners-Revenge
Жыл бұрын
@@Boskiesadventure nice nice 😁 I just quit 2wks ago.... did all the neccessary things to stop myself from going to play
@Boskiesadventure
Жыл бұрын
@@NAT-turners-Revenge I had to do the same thing brother, I was convinced I was a baccarat god until I ended up destroying all my savings. 50k in a month gone. I was given a trial of pain medications and lost total control. Self exclusion is what gave me my life back! I appreciate you sharing this my friend! I hope all is going well now brother!
@ayden3461
5 ай бұрын
There should be transparency and a accountant that investigates the lotto.
@LordBallSac
9 күн бұрын
Yeah like whom exactly gets all these millions and billions and how if every country on earth generates such money how does the interest invented from this on a weekly and monthly basis actually effect the global economy
@gerbenp394
Жыл бұрын
the fact that you imagine spending all the money is like the main reasons I usually buy one lottery ticket at the end of the year. in the Netherlands, the biggest price is 30 milion at the end of the year, it's tax free as well
@brosaus
Жыл бұрын
That is the psychology behind it. The imagination of being able to spend an ungodly amount of money is what convinces people to buy for the first time. It's fine if you can spare those few dollars a year but if becomes dangerous if you lack self control. The addiction pitfall you could end up in is horrible and very difficult to get out of.
@mjc0961
Жыл бұрын
@@brosaus Pretty much the only time I ever touch the lottery is when it gets really large and coworkers start doing pools to try and win it. And mostly for the joke of "you aren't winning and quitting and leaving me here by myself", I don't ever expect to actually win or start thinking about what I could do with it. And I never even think about the stupid thing when one of those work pools isn't happening. I could take the $2 and buy a candy bar or something. Still mostly a waste of money and bad for me, but at least I get to enjoy eating it for a few moments and that's more pleasure than a lottery ticket will likely ever give me.
@SunraeSkatimunggr
Жыл бұрын
I grew up in Reno, Nevada and learned really quickly that the "odds are always with the house", meaning the entity running the game wins much more than they pay out. I have news for you, most of your taxes are not tracked well and kind of disappears. This is no different.
@mateyp3365
Жыл бұрын
The lottery has particularly bad percentages. Good casino games generally return 95-98% of total bets to players. Still the odds are with them, don't get me wrong, but if I wanna gamble I'll always go to a casino- I've had some nice wins over the years.
@john_smith_john
Жыл бұрын
@@mateyp3365 coping comment. "some nice wins over the years" most certainly means "lost money in total"
@AYVYN
Жыл бұрын
I lost a couple hundred at the blackjack table trying to impress a cute blonde girl. Soon my money was gone and so was the girl lmao
@terranceparsons5185
11 ай бұрын
Is it only the US that flat out lies about the size of the jackpot? In other coutries, Canada for example, if you win $50 million, you get a cheque for $50 million and you get to keep all of it, no tax!
@scifirealism5943
18 күн бұрын
Wow.
@denise8242
18 күн бұрын
That's the way it should be but this government is greedy. Winnings should never be taxed.
@discover1114
16 күн бұрын
Wer taxed on our paycheck then taxed on the money that was already taxed when we buy things and people have no choise but to pay the tax
@Rathial
Жыл бұрын
I've never bought a lottery ticket or even bothered to follow up on tracking the random ones I've gotten as "gifts". They always seemed like a wasteful scam to me. Honestly it's depressing seeing people throwing their money away like that especially when they clearly need their money and are already extremely poor.
@Jspec03
Жыл бұрын
Yup. Tryna talk my friend out of this habit but he wont listen. Lottery preys on willing, desperate, and broke people making them even more broke. Sad stuff.
@donaldlyons17
Жыл бұрын
@@Jspec03 If they are already broke they are broke either way.... Even if they win something that might not change....
@jordandelosreyes5656
Жыл бұрын
To me, the lottery is like "selling hope". My dad is strongly against any type of addictive substance (alcohol, tobacco) yet he's been sucked into the lottery for as long as I can remember (even before big names such as MM or Powerball were released). I don't blame him as he had to work multiple jobs to stay afloat back in the 80s. The fact that he sees the lottery as an "investment" can illustrate what addiction does to a person.
@forrestyt1302
Жыл бұрын
Daaanng . It's soo strange to me how a person can be against drugs and alcohol and other Addictions yet they themselve are stuck in gambling(which in your dad's case is lottery) and they don't even realise thats what addiction is.
@SweetSourPickle
Жыл бұрын
@@forrestyt1302 Mental gymnastics. Alcohol, Ciggaretes = bad Lottery = good
@TheMELTDOWN911
Жыл бұрын
WOOOHOOOO! Thanks man! I feel STRONG after watching this video, I was born poor, I NEEEEVER purchased a lotto ticket nor scratch things in my 51 years of life, many of my Hispanic family members have spent "mucho dinero" all their life buying everything, all the lottos and scratch tickets possible, I worked hard all my life and became a business owner so now at 51 I just receive money from my properties so I don't have to work just keep my renters happy, sadly most my uncles still poor at 70 buying lotto tickets with the social security check...is sad...the Government (Republican or Democrat) always taking from the poor...
@imibuks-replit
Жыл бұрын
Glad you lived(living) a good life with no lotto scams
@TheMELTDOWN911
Жыл бұрын
@@imibuks-replit Thanks! I Thank GOD because he made me too "cheap" to buy lotto tickets LOL! for this reason I have never visit Las Vegas, no way Jose! : )
@julius43461
Жыл бұрын
@@TheMELTDOWN911 I tried gambling when I was a kid, and I like to say that I was lucky to have never won any money. So in a sense, I really got lucky early. People who got "lucky" early, are still hooked hopping they can repeat that. The thing with me is, I barely respect the money I earn, and I still spend excessively. If I were to get a huge pile of money, it would destroy me completely. It's not just the money, but it would revive my ego and my illusions that universe does look after me after all. I would never recover my working habits, as I would now live in a universe where it is indeed possible to gain a lot of money without putting in a serious effort. I could never focus on work, because I would knew that there is a easy way out. It would make me a gambling addict forever. So, I prefer living this boring life, where I have to work hard for everything.
@TheMELTDOWN911
Жыл бұрын
@@julius43461 You are the leader of your own destiny, never give up, but respect money, I guess I do respect money because when was a kid had nothing, my dad left us, so most of my childhood had nothing no toys no new clothes no fancy tennis shoes, only could afford buying second hand clothing, my childhood and teenager years were really bad, I even thought to be a drug dealer, Thank GOD I had a Mother who kicked my behind all the time, now at 51 and retired from work only living from the rent of my properties, really appreciate the way mom raised me, with a frickig belt on the hand at all times, I suffered a lot as a kid, I could even say I was abused, but Thanks to that, I live free now, good luck my friend and please respect money is the only way to be free, see I can afford a new Mercedes or BMW, but I drive a 2008 Ford Focus....
@bigm980
6 ай бұрын
“The scam no one knows about: the lottery is a poor tax.” I thought everyone knew this.
@tystar115
Жыл бұрын
This one hit especially hard because as a person of color I grew up in a house hold where my parents would often played the lotto or bought scratch off tickets. They'd hope to win and get big pay outs and it never happened. The most they ever won was a few hundred throughout my childhood. I never understood why they'd throw away money just for the tiniest chance of winning. As I've gotten older and learned more about how insidious the lottery is I still see them both play. It's just sad because we live in a system that's failed them. Routes like education and work haven't been the way to the "American dream" or financial security. So why not spend the few dollars to have an instant shot at changing your life? Gambling and hope are a hell of a drug...
@judylandry302
Жыл бұрын
Even as a person of no color, I share your experience with my parents, who lived payday to payday.
@judylandry302
Жыл бұрын
@JOE-BlDEN No color. I suppose I'm transparently clear.
@judylandry302
Жыл бұрын
@JOE-BlDEN Don't believe in religion.
@judylandry302
Жыл бұрын
@JOE-BlDEN I do believe in my creator, God. Just not made up Corporate religions that benefit from control, power and money over and from the masses, by threatening them with hell, for non compliance. God's love is free.
@judylandry302
Жыл бұрын
@JOE-BlDEN But it matters WHAT you are told to believe. Hmmm
@LeadSurge3000
Жыл бұрын
*"You have the same chance of winning the lottery whether you play or not."* *-Groucho Marx*
@PauloBerni699
5 ай бұрын
That’s true because I once stepped on someone’s dropped lottery ticket at a car wash that ended up being a $500 winner.
@deankevin96
Ай бұрын
@@PauloBerni699bullshit. What a weird thing to lie about
@frozenfireplays9844
Жыл бұрын
In Australia, it’s quite interesting because we have undergone privatisation of almost all of our state and National lotteries (Western Australia being the exception). I never realised why governments had the lottery beforehand but it does make me realise what a short sighted decision it was to sell off so we don’t even get the benefits anymore in tax. Thanks for the video Johnny ❤
@infernalstan886
Жыл бұрын
That's pretty similar to most privatisation that occurred under the LNP. From CommBank to the power companies, they seem to love giving nationalised things to their buddies on the cheap
@Mandem909
Жыл бұрын
@@infernalstan886 same in the UK. Conservatives here love selling our public utilities and public services to private groups and their buddies. Rotten lot they are
@anthonyproctor5104
Жыл бұрын
That's not true. The Lott is a State Government owned corporation. QLD. Some goes to state coffers whilst the rest goes to charities.
@jonnyspeed8974
Жыл бұрын
They just award contracts for people to run it. Still state owned.
@iAVs-Sandponics
Жыл бұрын
Who checks the legitimacy of the lotto and how prone are they to bribes?!
@HoverMelon2000
11 ай бұрын
I have a friend who’s dad is a state representative and I don’t know all the details but he recently tried to get a bill or something passed in our state to get rid of the lottery for these exact reasons and it was struck down SO FAST… at the very least we can hope that it raised even an ounce of awareness during it’s short existence…
@patricesilva3718
9 ай бұрын
😢😢😢 They would not have nothing on it never will hear about it
@OllieMissouri-is6ei
4 ай бұрын
The charity aspect is good
@LivvieLynn
Жыл бұрын
The sad reality is if you have a choice of no hope or paying 1-2 dollars for an obscure chance you're going to pay no matter how low your chances are. It's a really sad system that I wish was illegal. It really feeds on those already suffering and benefiting off their false hopes.
@billardon514
Жыл бұрын
Insightful, well researched and important. Thank you! By the way, in Canada you don't pay taxes on lottery earnings as it would be considered double taxing.
@blueburyrs949
Жыл бұрын
I believe here in quebec the prize money is taxed as it counts as revenue
@CodeineRadick
Жыл бұрын
@@blueburyrs949 Quebec is a waste of resources, too.
@SpaceXToMars
Жыл бұрын
@@blueburyrs949 False, In Quebec, it is TaxFree
@blueburyrs949
Жыл бұрын
@@SpaceXToMars thank you for the correction
@SpaceXToMars
Жыл бұрын
@@blueburyrs949 my pleasure
@jondoe9548
Жыл бұрын
The fact that we get free videos on KZitem by Johnny is truly a gift. 👍👍👍
@oldfellaoldfella8535
Жыл бұрын
I agree!
@jasonbrannen7598
Жыл бұрын
It's also worth noting that this is government only because if the government made it legal for private entities to do it, then the government system would be undercut, and the government lottery would cease to exist: a private enterprise would be willing to make the odds better and take less of a profit in the process.
@bonnyd.5334
Жыл бұрын
My first job out of college was with a New York State Lottery contractor. Because I worked for a lottery contractor, I was banned from playing the NYS lottery which was OK by me. When I took that job, I didn't see the lottery as a problem,. I actually believed the propaganda about the lottery we were taught--it came for multiple reasons: funding for education, a response to organized criminal enterprises--the numbers racket. I did live in a high poverty, rural area, but I didn't know anyone who played the lottery regularly. I knew from my contractor that the lottery didn't do so well where I lived. I ended-up getting badly injured, due to no fault of my own and becoming disabled. I now live in senior citizen / persons with disabilities housing in the Greater Boston Area. We have two places, within 200 steps of my building, that sell lottery. There are a lot of seniors who play it, and some who really do have a problem. To this day, I regret the day I took that job. I regularly ask elected officials to limit where lottery products can be sold, to not allow lottery to be sold within 1/8 of a mile of public housing or subsidized housing developments. Another thing I noticed is that most of the people in my building play bingo at least weekly. The Roman Catholic church is the biggest beneficiary of that... and all the bingo players are or were raised Roman Catholic. I am really angry at the local senior center because if you don't play bingo, you will find out too late about the outings... the best outings fill up during bingo. Our local Senior PACE program (which is comprehensive health care for unwell seniors in a relatively small, health care organization) offers bingo.
@spoiledveggie
Жыл бұрын
Johnny just keeps producing such high quality content and we get to watch them for free! Thanks Johnny
@whiterose7926
Жыл бұрын
Just unfortunate he's bought out by China
@LuchadorMasque
Жыл бұрын
free? I know I'm seeing ads. ads ain't free.
@Abdulmajid99o
Жыл бұрын
Bing joker lottery Win Win Win Win Johnny lottery Pottery Win 20 million dollar. It's good thing because we made money part time. Start tickets for 1$ buck to 10$ dollar
@mateastman1765
Жыл бұрын
Nothing is "free"
@_Ben___
Жыл бұрын
Like, that's just your opinion man.
@eafortson
Жыл бұрын
I cannot stop imagining the timeline where Johnny actually won the 20 mil and how fucking wild that would have been.
@p3rtang
Жыл бұрын
That is exactly why gambling is so popular, you can imagine winning. But in reality it will not happen.
@eafortson
Жыл бұрын
@@p3rtang I guess some people can. I've never had an interest in gambling. I was taken to Casino in Canada for my 18th birthday and given 100 dollars to gamble with. I kept the money, didn't play a single game. Used it later to buy a camera. I have many vices but gambling has never been one of them. I do revel in Irony though and love it when expectations are subverted, especially when someone is trying to prove a point.
@p3rtang
Жыл бұрын
@@eafortson yeah me neither I really dislike gambling as well, except for some tickets I got from a new years. The numbers never added up for me. In belgium luckily the chances of winning are always printed on the back so Its easier to know whether is super unlikely to win are near impossible lol
@brenda44414
5 ай бұрын
In the small town I live in I see the lowest income people spend the most money on scratch offs.
@mikeyzgt68
Жыл бұрын
The most important part is that it's voluntary. I've never bought a ticket myself, but I've heard from people who do, that the little bit of hope they get and daydreaming about how they would spend the money is worth the dollar they spend on the ticket. Is spending a couple bucks on that vs a candy bar any worse?
@LabGecko
11 ай бұрын
Yes. Instead of hoping on some infinitesimally small chance of winning a percentage of millions of people's minimum wage jobs, they could have been taught in school to put that money into a savings account early, or use it to save up and start a business, or any number of other possibilities that have much larger chances of actually making money _and_ benefitting society at the same time. Instead, they are tricked into thinking the whole scheme isn't a scam.
@whattheyourgae9627
10 ай бұрын
@@LabGeckoyeah cus a couple dollars will ever actually help if you put it in savings
@solaireof_astora
6 ай бұрын
The problem is the average low income lottery spender spends hundreds of dollars of their income every year on this stuff. These tickets add up over time
@Peakaboo304
Жыл бұрын
I never bought a lotto ticket and always believed it was a scam… until my ex co-worker won the Mega Millions. Now I occasionally buy a ticket and truly believe I have a chance even though I know it’s practically impossible lol
@kassidyfelix4108
Жыл бұрын
I'm the same way 😂😂
@micosstar
Жыл бұрын
oof!
@allanshpeley4284
Жыл бұрын
So you made a financial decision based on anecdotal information. :(
@soliniv1411
Жыл бұрын
Our lizard brain does it again screwing us
@bzipoli
Жыл бұрын
bro 50% chance. you either win it or ya don't
@K.B.Williams
Жыл бұрын
4:43 aight bet!! That was perfect context. I've been saying "bet" since like 10. I'm 42 now... Ok going back to watching the rest of the show now.
@TraderJono
Жыл бұрын
The best explanation of how the lottery scam works. Thankyou! ❤ I am from the UK just did my research and they too use the clever wording of "good causes" and not charity etc. Makes me wonder what they're really funding. In the UK 12% profit goes straight to the government in "lottery duty", 4% to the vendors and 1% net profit goes to the operators and the rest to players & "good causes" That's a scam on a big scale 😮 My question is ... What if the lottery stopped? 😬😬😬
@isabellefaguy7351
Жыл бұрын
I keep watching and not being a patreon because I'm disabled and my social welfare check money is barely enough to keep me housed and fed. I can't feed someone else too. I do contribute in other ways, like sharing your videos to whealthier people who may potentially contribute in a monetary ways, liking your videos, writing comments and all stuff that helps with the algorithm. Keep the good work.
@Niki_Parvanov
Жыл бұрын
it also helps if you do not skip the ads, that's what I do :)
@obviouslymatt6452
Жыл бұрын
@@Niki_Parvanov wtf bro johnny harris is rich asf and lives a dream life, you do not need to donate your time to give him money
@user-hi5qf7gz1c
Жыл бұрын
@@obviouslymatt6452 he chose to do so. This is the way.
@codycast
Жыл бұрын
Yeah I have tons of money but don’t support him or anyone else on patreon anymore because it’s a garbage site that’s very anti free speech. Some of the people I supported on Patreon accept direct donations via other means. So I still support them. But any creator that still uses Patreon I’ve stopped helping even if they do offer other options.
@disconnectmusic101
Жыл бұрын
You can say that about every major artist. Saying people seeking attention,
@colinwoodham784
Жыл бұрын
In Georgia, if you have a decent gpa coming out of high school, in-state tuition is completely covered by the lottery.
@michaelsurratt1864
Жыл бұрын
Which is funny cuz those are the people least likely to play the lottery
@OllieMissouri-is6ei
4 ай бұрын
Excellent
@CLMarshal57
Жыл бұрын
When the billion dollar powerball happened last year, I remember the week leading up to the winning number, I would talk to somebody about the jackpot everyday. Most of the time it wasnt me bringing it up, it was the other person. Its a game, tracking the jackpot and fantasizing about that amount of money. Every news station was discussing the prizes, there were live tracking of each number.
@boarbot7829
Жыл бұрын
The worst thing like this I’ve ever seen was a game in France- I can’t remember what it was called but it’s similar to bingo and runs automatically EVERY 5 MINUTES. The tickets were very expensive- 5 or 8 euros I believe, for a chance to win “only” 100,000 euros. The issue was that the odds of winning were ONE IN 6 BILLION.
@THRASHMETALFUNRIFFS
11 ай бұрын
kino
@peter-ek3uh
3 ай бұрын
I would bet the odds were zero. And that the greed machine does not wish to even take a one in six billion chance of having to give that money to a person.
@Stuntman707
Жыл бұрын
It's not just that people like to gamble. It gives people in desperation a tiny hope that they might be able to change their fortunes.
@tanneraustin8035
Жыл бұрын
It’s almost that little boost to not end it all, that I just gotta keep moving and get me day my problems will be taken care of. It’s just a wild deal
@DuncanL7979
Жыл бұрын
Yes, it is about the psychological effect. It's like a drug in a way that casino games aren't. The fantasy escapism in imagining life with lottery jackpot winnings is a powerful thing.
@ericvetter56
Жыл бұрын
Like they told me in the Marines... NEVER TRUST YOU'RE GOVERNMENT.
@lordice5
4 ай бұрын
Isn't your job literally to trust the government and carry out its orders?
@ericvetter56
4 ай бұрын
@@lordice5 Not that simple!
@johndavies7626
Ай бұрын
YOUR government!
@LemmeCheckMark
Ай бұрын
You def are a jarhead, but yes. Never trust em.
@stewcoil2481
22 күн бұрын
"Marines"
@GraphicJ
Жыл бұрын
The sad thing is I have a better chance of winning the lottery, than my boss giving me a holiday bonus.
@leonbatista7654
11 ай бұрын
Don’t play the lottery lol
@PokhrajRoy.
Жыл бұрын
Low-key hoping that Johnny hits the jackpot so he can set up a Miso Soup making facility.
@CozumelTy
Жыл бұрын
He should start a Doritos factory also! LOL.
@jasonhaven7170
Жыл бұрын
If they did lower prizes with more likely winners, more people would play the lottery and more poor people would become moderately rich. I'd rather win a million than hundreds of millions if I was far, far more likely to win a million. Even half a million would be life-changing.
@mikenogozones
Жыл бұрын
The lottery makes enough money as is, it's not for the benefit of the people
@jasonhaven7170
Жыл бұрын
@@mikenogozones That's the annoying thing, it would be better if it was for the people
@donaldlyons17
Жыл бұрын
They already have games that offer lower prizes in many states so why would having more small prizes mean more players and winners? If the multi-state games are any example bigger prizes tend to attract more ticket sales recently so.....
@tfh5575
Жыл бұрын
when you’re financially secure you don’t even think to buy a lottery ticket ever. i didn’t buy lottery tickets until i became poor in 2021
@HunterBidensHandgun
11 ай бұрын
I stopped buying them but it's sad to see my coworkers walk next door everyday and spend their hard earned money on them.
@jstn616
Жыл бұрын
You probably have a higher chance of getting abducted by aliens then actually winning the lotto
@rkenzie5235
Жыл бұрын
I’m in Guatemala right now and it’s so interesting to see people selling lotto tickets from a huge stack on the side of the street.
@pablolacruz2652
Жыл бұрын
Like they say "Someone will win the lottery, just not you".
@jesvans
Жыл бұрын
yep. but once in a while, someone is wrong.
@O2TG
5 ай бұрын
Funny enough actually, I did win the lottery. My name's Shane Missler, and I won 450 million, several years ago.
@akamali7016
5 ай бұрын
@@O2TGif u were winning even a million u wouldn't came in the comments and reply to proof the reality of lottery u could be quite busy for that haha
@peter-ek3uh
4 ай бұрын
@@akamali7016 The lottery is fake...all the technology is used to make an unfair game. But the truth is that, there is no game. Give up before you start is the best solution. The lottery should be called "nope"....
@seitanbeatsyourmeat666
Жыл бұрын
When I was 18, I worked nights at a gas station in East Texas, and every week a guy would come in and buy 50 one-dollar tickets in that weeks drawing OF THE EXACT SAME NUMBERS. I tried to explain that if he won, he’d just be splitting the money with himself 50 times, and he should just put 49$ back in his pocket, but he got piss*d and demanded I take the 50. Sure buddy. Good luck in life 😂
@yaioru
Жыл бұрын
lol
@cullenreeves3108
Жыл бұрын
Also grew up in East Texas. This is the least surprising thing I’ve read today. Arguing with those people is the definition of insanity.
@kelleren4840
Жыл бұрын
Noooooooooooooo *facepalm*
@tinetannies4637
Жыл бұрын
Unless someone else also played that same number, in which case having more tickets with that number would make sense. Unlikely but thinking through the logic....
@ogge8375
Жыл бұрын
@@tinetannies4637 you obviously get 50 times the jackpot duh (jk)
@herewegoagain6734
6 ай бұрын
When I was a kid in the 3rd grade, my math teacher asked us what the lottery was? We all answered things like a way to get rich ect. He procceded to tell us it was a tax on the poor and explained the math like in this video. It stuck with me and even tho my state has gambling machines everywhere I don't play. I wonder if any of my classmates remember that lesson.
@ulfricstormcloak5080
Жыл бұрын
When I worked as a garbage man there was a house that would always have lottery tickets in the trash. One time they had an entire garbage bag full of used tickets
@DonLee1980
Жыл бұрын
if they had not bought a single lottery ticket, they probably would be rich already.
@akshatjain8052
Жыл бұрын
We keep watching your video because you and your stories keep inspiring me. The fact that you are able to produce such great quality content on a regular basis, its amazing! Please keep doing this. Your knowledge and story telling has been extremely useful for me
@davecastic
Жыл бұрын
I would like to share a story. One morning, my dad woke up and immediately went to buy a 4-digit lottery ticket. To our surprise, he won the next day, receiving an equivalent of 100k USD. When I asked him how he did it, he replied, "I dreamt it". By the way, the video was very insightful, especially regarding the fact that low-income earners tend to spend more on gambling. 🙏
@cuckmasterflex9106
Жыл бұрын
Just a reminder: this story could be complete bullshit
@ivoivanov2150
Жыл бұрын
@@cuckmasterflex9106 yes , but sound good ;D i mean people like me love to hear good story with nice ending ;D But still i dont believe anyone man
@guilletiger
11 ай бұрын
fun fact: can also be true
@LabGecko
11 ай бұрын
@@guilletiger 66 bathtubs of BS. 1 grain of rice.
@healthbeauty7853
2 ай бұрын
I can assure you that 50% of the money raised doesn't go to player's. The lottery machine picks out a combination that has the fewest winners.
@Kbarboza94
Жыл бұрын
This man is helping us get therapy and stop gambling addictions.
@matthewwynne939
Жыл бұрын
I remember one Christmas being given a whole bunch of lottery tickets and when I had them checked it was kind of disgusting in a way how they only totaled $2 in winnings.
@Gregory_12
Жыл бұрын
Was the $2 including the price of the tickets?
@patricesilva3718
8 ай бұрын
Greed u used to hit few times a week nothing big but nice little hits now omg it's bad their out of control with greed
@Thebreakdownshow1
Жыл бұрын
I am more likely to be a bigger youtuber than Mr.Beast than to win a lottery and we know how unlikely one is. Great Video.
@gmarefan
Жыл бұрын
Probably still less likely to be bigger than Mr Beast because there are more inputs required. Being bigger than Mr. Beast is not pure chance.
@Thebreakdownshow1
Жыл бұрын
@@gmarefan I agree at least I could have some control on growing a channel.
@gmarefan
Жыл бұрын
@@Thebreakdownshow1 more control more work. Jimmy has put tens of thousands of hours into crafting his channel and hundreds of millions of dollars. Even just among time you could put thousands of hours into KZitem and still be near the bottom. There are more winners of the lottery than there are Mr. Beasts. You are more likely to win the lottery, but you are less likely to get return on investment in the lottery compared to if you craft a KZitem channel.
@Thebreakdownshow1
Жыл бұрын
@@gmarefan that is an interesting observation there are more lottery winners than Mr. Beasts in The World I still think cam more likely tobe KZitemr than a lottery winner
@lowkeyal904
7 ай бұрын
in the uk the national lottery uses its money for local causes such as community centres, building restoration, etc. An example was then giving alexandra palace £1million for restoration/renovation
@OllieMissouri-is6ei
4 ай бұрын
Excellent, here they should give to the elderly
@TheJcmc15
Жыл бұрын
Another great video! My parents taught me this very thing when I was 15-16 yo. No voluntary extra taxes for me
@bilalrasool1
Жыл бұрын
8:57 Americans will use anything to measure except the metric system.
@allcool27gaming
Жыл бұрын
80% of lottery winners become worse off after winning the lottery. I wish more people would learn this.
@ImportedFromSerbia
11 күн бұрын
What most people don't see or realize is that your odds of winning the lottery are 1 in 300 million, and only 3-4 times a year does someone win the lottery. They let someone hit the jackpot 3-4 times a year. And the odds of the machine are high, because the machine has to pick numbers that none of us have played, and the strange thing is that the machine always wins, draws numbers that nobody has played.
@KlassicLoL
Жыл бұрын
Won $15 bucks on a scratchers once though that was pretty cool
@jonahmarsh7400
Жыл бұрын
in my town in the uk the government rebuilt a pier using lottery money
@Lucifers-Stepdad
Жыл бұрын
Yes I really must say this really can't apply to us in the UK, we have a wonderful lottery program that not only does real visual good (like that) but also funds a lot of the arts that get no funding from anywhere else. Just don't play it yourself!
@OllieMissouri-is6ei
4 ай бұрын
Money well spent
@spjr99
Жыл бұрын
Wow thank you Johnny.I never realized the Lottery was a scam meant to take your money. I was alawys very confused. When I heard about the lottery, I always saw pictures of people who spent a couple bucks and won millions. but whenever i played the lottery, I never won any money. I thought the machines were broken so I kept trying at different gas stations. I never realized the lottery was a game of chance specifically designed to make money for the government.
@PauloBerni699
5 ай бұрын
😂🥇I get the dry humor.
@Curiositykilledgorge
6 ай бұрын
I always wondered why there is no lottery ticket machines at Whole Foods.
@nel.tharion7
Жыл бұрын
I love that bit with Johnny waiting on the lottery number and he already lost on the first number. that's so funny! 🤣
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