Americans spent $68 billion on the lottery last year, said John Oliver on Sunday night's season finale of Last Week Tonight. "That's more than Americans spent last year on movie tickets, music, porn, the NFL, Major League Baseball, and video games, combined." In other words, he said, "Americans spent more on the lottery than on America."
But state-sponsored gambling has consequences. The poor spend more of their income on lottery tickets than others, gambling addicts get sucked in, and even people who win jackpots seem to frequently meet unhappy ends. And if you think your lottery money is going to a good cause — usually education — Oliver has bad news for you there, too. By the end of this glum look at a big money-maker for 46 states, we're left with this recap: "Lotteries are bad for losers, often bad for winners, and a pretty compromising way to assist state budgets." Any questions? Watch below. (Don't worry — Oliver will make you laugh, too.) --Peter Weber
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Why is Tesla stumbling?In the Spotlight More competition, confusion about the future and a giant pay package for Elon Musk
-
How Taylor Swift changed copyright negotiations in musicunder the radar The success of Taylor's Version rerecordings has put new pressure on record labels
-
Job scams are increasingly common. Here's what to look out for.The Explainer You should never pay for an application or give out your personal info before being hired
-
Ukraine cheers House approval of military aidSpeed Read Following a lengthy struggle, the House has approved $95 billion in aid for Ukraine and Israel
-
Poland, Germany nab alleged anti-Ukraine spiesSpeed Read A man was arrested over a supposed Russian plot to kill Ukrainian President Zelenskyy
-
Israel hits Iran with retaliatory airstrikeSpeed Read The attack comes after Iran's drone and missile barrage last weekend
-
Peter Murrell: Sturgeon's husband charged over SNP 'embezzlement' claimsSpeed Read SNP expresses 'shock' as former chief executive rearrested in long-running investigation into claims of mishandled campaign funds
-
Mark Menzies: Tories investigate MP after 'bad people' cash claimsSpeed Read Fylde MP will sit as an independent while party looks into allegations he misused campaign funds on medical expenses and blackmail pay-out
-
Why Johnson won't just pass Ukraine aidSpeed Read The House Speaker could have sent $60 billion in military aid to Ukraine — but it would have split his caucus
-
Sudan on brink of collapse after a year of warSpeed Read 18 million people face famine as the country continues its bloody downward spiral
-
Trump's first criminal trial starts with jury picksSpeed Read The former president faces charges related to hush money payments made to adult film star Stormy Daniels
