Everyone wants to catch billionaire lottery fever | Curio

Everyone wants to catch billionaire lottery fever

6 mins | Oct 13, 2021

Here is why people buy tickets. Even a millionaire wants to be a billionaire, regardless of whether the odds of winning the jackpot are infinitesimal. John Gapper explores how lotteries use behavioural alchemy to evoke innocent financial fantasies, but whether it makes any greater economic sense to buy a lottery ticket remains dubious.

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From Financial Times

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