Stop Predatory Gambling

Where does the $330 million “jackpot” come from?

by spgadmin

As the media loses its normal sense of sobriety as tonight’s MegaMillions drawing nears, one important question remains unanswered amid all the news coverage: where does the $330 million “jackpot” come from? It all comes from money that has been lost by other Americans, a large portion of whom are already receiving some form of government subsidy. You the taxpayer are losing money on this scheme regardless of whether you buy a ticket or not. The predatory gambling interests are the real “jackpot” winner.

One final note: some in the news media describe the odds of winning as “slim.” How can it be accurate to describe odds of 1 in 176 million as slim? The only word that describes the odds the best is “impossible.”