Zillionaire! For a Day

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One night last year, a man in Washington, D.C., went to bed tired and astonished after believing he had just won $340 million (!) in the Powerball (https://www.news.com.au/finance/money/powerball-player-denied-340m-lottery-jackpot-over-website-mistake/news-story/c27da90ec1912b562a25ac5eba68d606).

He hadn’t.

Yeahbut, yeahbut! He had all the winning numbers that were posted online, where they remained posted for six hours. But no dice, said the lottery authority: those numbers posted online were “human error.” The numbers read off in the live broadcast, said the authority, were different from the ones posted online: but they were the right numbers, the ones online were wrong. Sorry, Charlie.

Well, now in 2024 the poor guy is suing Powerball and the D.C. lottery administration. Lots o’ luck with that.

He wasn’t really a multimillionaire, so it’s not like he lost anything but a deliriously happy dream (“All it takes is a dollar and a dream”). And maybe a chunk of his sanity.

I’ve always felt there’s something creepy, even sinister, about lotteries. It’s that whole idea of getting something–fabulous wealth–for nothing. Don’t you think it has a sort of pagan smell to it?

‘The Lottery Delusion’

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Back when New Jersey first introduced its lottery, I interviewed a pair of public school teachers–I’m guessing they did not teach statistics and probability–who spent their life savings, $20,000, on lottery tickets and didn’t win a thing.

They had succumbed to the lottery delusion.

The Lottery Delusion

They didn’t understand it. “But that was all our money!” they lamented–to me, as if I could get it back for them. “We have nothing left.”

I got the state lottery commissioner on the phone. “Twenty thousand dollars doesn’t make even a tiny dent when the odds against winning are tens of millions to one. I don’t think these people understand that.”

Nor can we understand why the state encourages people to spend (to them) prodigious amounts of money on a fool’s gamble.

The Lottery Delusion

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We read yesterday about a delusion I’d never heard of before. Deluded person believes she is predestined to win the lottery–so out she goes on a spending spree, bankrupts herself… and then, as anyone could have predicted, doesn’t win the lottery. Surprise, surprise–her luck couldn’t overcome odds of several million to one.

“Oh! But the lottery gives hope!” Uh-huh. “All you need is a dollar and a dream.”

The “hope” of acquiring fabulous wealth without having to do anything to earn it–that’s not morally constructive. But there are those who don’t understand such words.

At our local supermarket you can buy $30 scratch-off tickets.

If I could, I would get rid of the lottery. It’s a tax on credulity. People don’t understand that, with the odds given, any prospect of winning approaches zero. “Yeah, but someone always wins! Always! So why not me!” Someone wins–out of how many hundred million tickets bought?

Yeah, but it’s something for nothing!

I’d get rid of it tomorrow, if I could.