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	<title>Comments on: Win and Tell? And Why Do People Play The Lottery?</title>
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	<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html</link>
	<description>personal finance blog with anecdotes, advice and commentary.</description>
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		<title>By: dimwit</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-374876</link>
		<dc:creator>dimwit</dc:creator>
		<pubDate>Tue, 27 Sep 2011 21:46:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-374876</guid>
		<description>I&#039;m afraid the Lotto truly is a tax on people who are bad at math, just like smoking taxes people who are bad at science. It&#039;s a bummer that public education has so miserably failed in so many communities.</description>
		<content:encoded><![CDATA[<p>I&#8217;m afraid the Lotto truly is a tax on people who are bad at math, just like smoking taxes people who are bad at science. It&#8217;s a bummer that public education has so miserably failed in so many communities.</p>
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		<title>By: dimwit</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-374874</link>
		<dc:creator>dimwit</dc:creator>
		<pubDate>Tue, 27 Sep 2011 21:40:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-374874</guid>
		<description>If you don&#039;t mind wasting money just for kicks, why don&#039;t you try throwing a few twenties out of your car window while driving through a busy intersection and watch the craziness that follows. More &quot;kicks&quot; for less $$&#039;s.</description>
		<content:encoded><![CDATA[<p>If you don&#8217;t mind wasting money just for kicks, why don&#8217;t you try throwing a few twenties out of your car window while driving through a busy intersection and watch the craziness that follows. More &#8220;kicks&#8221; for less $$&#8217;s.</p>
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		<title>By: Robert Steele</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-370430</link>
		<dc:creator>Robert Steele</dc:creator>
		<pubDate>Wed, 06 Jul 2011 01:41:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-370430</guid>
		<description>I play the lottery to one day move out the ghetto. all i dream about is hitting the lottery, the lottery is the only hope i have to make it out</description>
		<content:encoded><![CDATA[<p>I play the lottery to one day move out the ghetto. all i dream about is hitting the lottery, the lottery is the only hope i have to make it out</p>
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		<title>By: future millionaire</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-365388</link>
		<dc:creator>future millionaire</dc:creator>
		<pubDate>Wed, 16 Mar 2011 22:56:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-365388</guid>
		<description>I love how everyone on here only talks about the lottery as in a jackpot. Like nobody has ever heard of 3-digit and 4-digit lotteries with way better odds!If you know what your doin&#039; you can come out ahead. Promise</description>
		<content:encoded><![CDATA[<p>I love how everyone on here only talks about the lottery as in a jackpot. Like nobody has ever heard of 3-digit and 4-digit lotteries with way better odds!If you know what your doin&#8217; you can come out ahead. Promise</p>
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		<title>By: Stiletto</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-347923</link>
		<dc:creator>Stiletto</dc:creator>
		<pubDate>Mon, 21 Jun 2010 15:33:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-347923</guid>
		<description>About race and lottery winnings.   Blacks are still only 12% of the population. It&#039;s media lies. Most of the lottery winners and welfare recipients are white. The media teaches us how to think. We can&#039;t out play whites who are the majority. Blacks do play too much. Now if the population numbers changed, I would be worried.</description>
		<content:encoded><![CDATA[<p>About race and lottery winnings.   Blacks are still only 12% of the population. It&#8217;s media lies. Most of the lottery winners and welfare recipients are white. The media teaches us how to think. We can&#8217;t out play whites who are the majority. Blacks do play too much. Now if the population numbers changed, I would be worried.</p>
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		<title>By: lol</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-338937</link>
		<dc:creator>lol</dc:creator>
		<pubDate>Fri, 26 Feb 2010 02:53:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-338937</guid>
		<description>To Tim:

It does increase your chances to WIN when you buy a ticket (not win more money).  If you had a 2 person raffle and each bought one ticket.  You&#039;d have a 50% chance of winning.  Now if you had 2 ticket while the other person had one, your chances doesn&#039;t double however you do have 2 tickets out of 3.  So your chances increased to 66% (a 16% improvement over having one ticket).

Now whether it increases your chances to win more money overall, thats a whole another question.  In the situation above, if everyone had to spend a dollar to contribute to a total prize pool.  You&#039;d be paying $1 for a 50% to win $2 and $2 for a 66% to win 3.  When you calculate the project winnings (EV).  You win $0 per bet for each situation.  So yeah you are right in the big picture that it is the same.  You win more buying two raffles but you lose more as well and it works out to be the same.  

Now in a real lottery your paying $1 for a 50% chance to win $1.50 etc etc, so the odds are clearly not in your favor.</description>
		<content:encoded><![CDATA[<p>To Tim:</p>
<p>It does increase your chances to WIN when you buy a ticket (not win more money).  If you had a 2 person raffle and each bought one ticket.  You&#8217;d have a 50% chance of winning.  Now if you had 2 ticket while the other person had one, your chances doesn&#8217;t double however you do have 2 tickets out of 3.  So your chances increased to 66% (a 16% improvement over having one ticket).</p>
<p>Now whether it increases your chances to win more money overall, thats a whole another question.  In the situation above, if everyone had to spend a dollar to contribute to a total prize pool.  You&#8217;d be paying $1 for a 50% to win $2 and $2 for a 66% to win 3.  When you calculate the project winnings (EV).  You win $0 per bet for each situation.  So yeah you are right in the big picture that it is the same.  You win more buying two raffles but you lose more as well and it works out to be the same.  </p>
<p>Now in a real lottery your paying $1 for a 50% chance to win $1.50 etc etc, so the odds are clearly not in your favor.</p>
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		<title>By: aw</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-335097</link>
		<dc:creator>aw</dc:creator>
		<pubDate>Fri, 08 Jan 2010 01:45:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-335097</guid>
		<description>It&#039;s geographically designed to exclude impoverished neighborhoods.  I have never heard anyone winning the lottery in debilitated neighborhoods...the chance of having the probability of winning the lottery you must play in the white demographics.  It’s a rig system.</description>
		<content:encoded><![CDATA[<p>It&#8217;s geographically designed to exclude impoverished neighborhoods.  I have never heard anyone winning the lottery in debilitated neighborhoods&#8230;the chance of having the probability of winning the lottery you must play in the white demographics.  It’s a rig system.</p>
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		<title>By: Jeannie</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-327871</link>
		<dc:creator>Jeannie</dc:creator>
		<pubDate>Wed, 23 Sep 2009 22:27:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-327871</guid>
		<description>Oh please are you serious rene? How can the lottery know you&#039;re not white? You don&#039;t have to give your information when buying a ticket give me a break!</description>
		<content:encoded><![CDATA[<p>Oh please are you serious rene? How can the lottery know you&#8217;re not white? You don&#8217;t have to give your information when buying a ticket give me a break!</p>
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		<title>By: 911Joe</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-327681</link>
		<dc:creator>911Joe</dc:creator>
		<pubDate>Mon, 21 Sep 2009 03:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-327681</guid>
		<description>C&#039;mon people. Do you really think the lottery folks give a damn about who wins? The suggestion that drawings are &quot;fixed&quot; so non-minority individuals win is just preposterous. How would the lottery know who bought what tickets? I&#039;ll bet you can&#039;t guess my race, height, weight, eye color, hair color. So how in the world could the lottery people &quot;magically&quot; know what race a person who buys a random lottery ticket is? BTW, here are the answers: Asian, 5&#039;7&quot;, 150 lbs, hazel, brown. How well did you do?</description>
		<content:encoded><![CDATA[<p>C&#8217;mon people. Do you really think the lottery folks give a damn about who wins? The suggestion that drawings are &#8220;fixed&#8221; so non-minority individuals win is just preposterous. How would the lottery know who bought what tickets? I&#8217;ll bet you can&#8217;t guess my race, height, weight, eye color, hair color. So how in the world could the lottery people &#8220;magically&#8221; know what race a person who buys a random lottery ticket is? BTW, here are the answers: Asian, 5&#8217;7&#8243;, 150 lbs, hazel, brown. How well did you do?</p>
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		<title>By: Hazelgrl</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-324639</link>
		<dc:creator>Hazelgrl</dc:creator>
		<pubDate>Wed, 19 Aug 2009 22:50:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-324639</guid>
		<description>in reply to your comment i do see more white
peoples pictures in the winning section but
i would of not have guessed it to be that
I am part spanish i just thought maybe white
people had more extra money set a side to play
but your point if true is racist and makes me
not want to continue to play although i do buy 
scratch tickets once in a while here and there..</description>
		<content:encoded><![CDATA[<p>in reply to your comment i do see more white<br />
peoples pictures in the winning section but<br />
i would of not have guessed it to be that<br />
I am part spanish i just thought maybe white<br />
people had more extra money set a side to play<br />
but your point if true is racist and makes me<br />
not want to continue to play although i do buy<br />
scratch tickets once in a while here and there..</p>
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		<title>By: Heather</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-304546</link>
		<dc:creator>Heather</dc:creator>
		<pubDate>Thu, 28 May 2009 19:51:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-304546</guid>
		<description>Well if you are any race other than white you should not be playing the lottery anyway.  Research indicates that more hispanics, blacks asians,etc buy many more lottery tickets than whites but whites win 10 times more.  Why is this?  Obviously the lottery drawings are done  behind closed doors instead of being televised so everyone can see the winning combination. The wining combinations are then picked or re-selected if the winning comnbination lands in the wrong neighborhoods. This is a crook&#039;s paradise.. I am white but I do not play as this is racist armed robbery.</description>
		<content:encoded><![CDATA[<p>Well if you are any race other than white you should not be playing the lottery anyway.  Research indicates that more hispanics, blacks asians,etc buy many more lottery tickets than whites but whites win 10 times more.  Why is this?  Obviously the lottery drawings are done  behind closed doors instead of being televised so everyone can see the winning combination. The wining combinations are then picked or re-selected if the winning comnbination lands in the wrong neighborhoods. This is a crook&#8217;s paradise.. I am white but I do not play as this is racist armed robbery.</p>
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		<title>By: Hannah</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-300767</link>
		<dc:creator>Hannah</dc:creator>
		<pubDate>Fri, 27 Mar 2009 00:19:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-300767</guid>
		<description>Yes, I would love to Win the Lottery,but if I don&#039;t, I&#039;m still happy. Winning the Lottery will change some people in my life who don&#039;t have much. I would love to give them a chance to start over with no bills.</description>
		<content:encoded><![CDATA[<p>Yes, I would love to Win the Lottery,but if I don&#8217;t, I&#8217;m still happy. Winning the Lottery will change some people in my life who don&#8217;t have much. I would love to give them a chance to start over with no bills.</p>
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		<title>By: Erik</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-292960</link>
		<dc:creator>Erik</dc:creator>
		<pubDate>Fri, 05 Dec 2008 18:47:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-292960</guid>
		<description>The answer to the minority question is in different lottery games.  Low-income consumers (a correlation with minority status exists but is not absolute) play more of the lower-stakes games, like instant scratch-offs or daily Match-4 types, and account for a greater proportion of tickets sold.  Middle class consumers, playing for fun or perhaps in a pool with friends or coworkers, play the weekly or semiweekly lottery games with the massive jackpots and remote odds.

So the middle class buys a lower proportion of overall tickets, but account for a greater proportion of the huge jackpots.  And only the huge jackpots make the news.  For every $100m white mega winner, there are several thousand minority $5k winners, we just never hear about them.</description>
		<content:encoded><![CDATA[<p>The answer to the minority question is in different lottery games.  Low-income consumers (a correlation with minority status exists but is not absolute) play more of the lower-stakes games, like instant scratch-offs or daily Match-4 types, and account for a greater proportion of tickets sold.  Middle class consumers, playing for fun or perhaps in a pool with friends or coworkers, play the weekly or semiweekly lottery games with the massive jackpots and remote odds.</p>
<p>So the middle class buys a lower proportion of overall tickets, but account for a greater proportion of the huge jackpots.  And only the huge jackpots make the news.  For every $100m white mega winner, there are several thousand minority $5k winners, we just never hear about them.</p>
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		<title>By: Wendy</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-292084</link>
		<dc:creator>Wendy</dc:creator>
		<pubDate>Wed, 19 Nov 2008 07:13:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-292084</guid>
		<description>So True Rene... I and others have been wondering the same thing.  They are always indicating the poor, the minorities but yet it looks like the middle class whites are always winning.  Boy, if it is found that the lottery is fixed towards whites, HUH....... HELL HATH NO FURY IF THIS MONEY IS DEEMED STOLEN.</description>
		<content:encoded><![CDATA[<p>So True Rene&#8230; I and others have been wondering the same thing.  They are always indicating the poor, the minorities but yet it looks like the middle class whites are always winning.  Boy, if it is found that the lottery is fixed towards whites, HUH&#8230;&#8230;. HELL HATH NO FURY IF THIS MONEY IS DEEMED STOLEN.</p>
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		<title>By: Rene</title>
		<link>http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html/comment-page-1#comment-273324</link>
		<dc:creator>Rene</dc:creator>
		<pubDate>Sun, 03 Aug 2008 23:52:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.bargaineering.com/articles/win-and-tell-and-why-do-people-play-the-lottery.html#comment-273324</guid>
		<description>I find it odd that statistics reveal that minorities play the lottery three times more than whites however when it comes to winning the lottery and big jackpot winners whites win 10 times more than minorities. 

THE LOTTERY IS FIXED SOMEHOW AND ONE DAY IT WILL BE REVEALED..

DONT PLAY THE DAMN LOTTERY IF YOU ARE A MINORITY, STOP FUNDING A GAME THAT IS OBVIOUSLY RACIALLY BIASED.........</description>
		<content:encoded><![CDATA[<p>I find it odd that statistics reveal that minorities play the lottery three times more than whites however when it comes to winning the lottery and big jackpot winners whites win 10 times more than minorities. </p>
<p>THE LOTTERY IS FIXED SOMEHOW AND ONE DAY IT WILL BE REVEALED..</p>
<p>DONT PLAY THE DAMN LOTTERY IF YOU ARE A MINORITY, STOP FUNDING A GAME THAT IS OBVIOUSLY RACIALLY BIASED&#8230;&#8230;&#8230;</p>
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