Why Do People Play the Lottery?

Do you play the lottery? You've probably heard all the negative points of playing (like, the odds are against you, for example), but for many people it's a fun way to dream to each week. What would you buy if you could win?

By: Cherie Burbach

August 15, 2012

Bad Odds, Bad Investment

Most people agree that the lottery has appallingly bad odds. Web Math says "You have better chances of getting into a car accident, plane accident, or being struck by lightning" than winning. The Daily Beast frames it in an even bleaker way, saying that you have better odds that you'll be crushed to death by a vending machine or get elected president of the United States than you do winning the lottery.

Still other sources claim that the lottery is foolish money management.

But I doubt that people are looking at the lottery as an investment. Most people just want to believe for a moment or two, that they can have a different life, as a lottery jackpot can provide.

Will you play the lottery this week?

Share Your Thoughts

First Name:

Birth Date:

For your protection, ensure that no personally identifiable information (like full name or email address) is submitted in your comment.

Trust is a cornerstone of our corporate mission, and the success of our business depends on it. P&G is committed to maintaining your trust by protecting personal information we collect about you, our consumers.

Our Privacy Policy