Hitting the Lottery Jackpot: State Governments and the Taxing of Dreams,Used
Hitting the Lottery Jackpot: State Governments and the Taxing of Dreams,Used

Hitting the Lottery Jackpot: State Governments and the Taxing of Dreams,Used

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SKU: SONG1583670149
Brand: Monthly Review Press
Regular price$11.73
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When thirteen machine shop workers from Ohio won a $295.7 million lotto jackpot, the largest ever, it made headlines. But the real story is that the lottery is a losing proposition for the vast majority who play it.Hitting the Lottery Jackpot provides the hard truth to the questions everybody asks: What are my chances of winning? Doesn't the money go to education? Isn't it harmless? This concise book explains who really profits from lotteriesadvertising agencies, TV stations, and ticket vendorsand that shows only about half the money wagered is returned as prizes, the rest pocketed by state governments. Hitting the Lottery Jackpot also demonstrates who loses: lowerincome groups and people of color, who spend a much higher percentage of their income on lotteries than others.David Nibert connects the rise of lotteries, illegal in every state before the 1960s, to the economic stagnation beginning in the 1970s, when budgetary crises prompted legislatures to seek new revenues. Difficult economic times produced uncertainty and anxiety for the working class, leading many poor and middleincome people, yearning for security, to throw away huge sums on lotteries they stand almost no chance of winning. Finally, Nibert explores the ideological dimensions of the lotterythe getrichquick individualism that they promote among the very groups who would be better served by political action and solidarity.Hitting the Lottery Jackpot is a powerful case for seeing lotteries as a pernicious government tax on the poor, seductively disguised as fun.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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