You're basically losing money if you don't

The Picard Maneuver@startrek.websitemod to Lemmy Shitpost@lemmy.world – 557 points –
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Sure, but the hope is a result of the first two issues.

They can't do the math so they think there is a chance. And because they WANT there to be a chance they ignore every time they lose.

I know you have a point, a good one, Lotteries cater to the vulnerable etc. - but you are wrong in one aspect: There are winners, in every lottery, and that's what fuels the hope.

Even small chances are chances. It's that simple ;)

When did I say there weren't any winners? I said people think there's a chance that they might win personally. And you can state the gamblers fallacy any way you like, the fact that there are winners in a lottery has nothing to with the chances of winning personally. Bad at math, bad at logic, too emotional, call it anything you like. Any hope is a result of these flaws, not the cause.

https://www.palomar.edu/users/bthompson/Gambler%27s%20Fallacy.html

Probably more likely to turn 20$ into a fortune playing the lottery than most other ways you could invest it.

Honestly, chances might be extremely low. But if all it takes is a couple of bucks sometimes to maybe win even 1000, I'd take it.