In 2014, Americans spent $70 billion on the lottery. When I read this fact back in May, I thought it was one of the craziest stats I had ever seen. That’s over $630 for every household in the U.S.! It sounds absurd. Then again, the...
Last month the Atlantic highlighted one of the most shocking stats I had ever seen. In 2014, Americans spent $70.1 billion on the lottery. It’s hard to put that number into context, but as the article points out, that is over...
Is the lottery a tax? Having been challenged on this question countless times in the last few days, two things have become clear to me. People have extremely strong feelings about how the lottery should be categorized. Most of the arguments come down to...