eli5 Rather than having 1 winner with the lottery with sometimes over 1 hundred million pounds, why not share that money out amongst many, many people?

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Is there a reason that most of the time there is only 1 jackpot winner? When the winning money goes into the tens of millions I always think, why not just share the money out over lots of people and give say 10,000 here and 500,000 there. Wouldn’t this be better for the economy rather than having just 1 person have it all?

In: Economics

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Anonymous 0 Comments

That’s the point you have the chance of winning a lot but almost everyone is going to lose, that’s all revenue for them. The reason it’s so prevalent at least in America is because they donate a lot of money To a myriad of causes so they don’t follow one Political ideology

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