Most of the money is used to award the lucky winners and the money that is left over is profit. Lotteries are immensely popular and legitimate in more than a hundred countries. There are many types of lottery games available to play. The most popular one is US Mega Millions. In the United States, all lotteries are managed by state government. (Dave). The chances of each player winning are at relatively 1 in 143,000,000 (Humphries). Americans from almost every state including the Capital Washington D.C. and Puerto Rico, have a chance to win it big. There are many risks from the lottery and one of those ricks is that they affect the economy. A country is mostly considered powerful by its economy structure. Americans have spent a total of $65.7 billion on lottery tickets which is more than the amount of sports tickets, concert tickets, video games, books, and magazines combined …show more content…
When someone wins a lottery, they think that everything is over and that they are rich now, but it is not like this. Jobs are a regular source of income, but when one wins a lottery they get lazy and quit their job. Unlike the educated ones, the uneducated ones quit their job and they have no source of income. Some people do not even come to work, even if they have their jobs, so their boss need to replace them with someone suitable for that job. Lotteries increase the rate of unemployment which leads to people not having a regular source of income making it hard for them to take care of themselves and their families.
There are different types of lotteries from the video lottery, the lotto, the Powerball, raffles, scratch-off, and the dailies. For all those lotteries, there are different prices of tickets varied from the lottery you are playing. The most expensive lottery ticket bought was $50 bought in Texas. Usually lottery tickets range from $0.50 to $10, but the $50 ticket that was bought in Texas was a surprise. The lowest ticket prices are $0.50. The average ticket price is $1, and the maximum ranges from $2.50 to