Is the lottery more harmful than beneficial?

One in 292 million tickets are thought to have a chance of winning the Powerball. However, despite the poor odds, Americans continue to spend a lot of money on the lottery in the 45 states that play. For instance, the association that represents state lottery organizations estimates that more than $83 billion was spent on lottery tickets in the United States in 2019.

 

[GamblingBoy]

We can't say lottery is harmful nor beneficial. It depends on individual perception to lottery. There are some who have benefited tremendously from it. While it has cause some psychological damages to some.

 

[Hardexy1]

As for me i cant really say it is more harmful than beneficial because little i know about lottery ticket but i believe most people has benefit from these.

 

[GamblingBoy]

Lottery can't be said to be harmful when you have financial discipline. When you are able to control your urges, you won't have problem with lottery. You should know when to quit.

 

[Hannman]

I don't know how much people are losing to lottery because it's not quit common here but I've seeing that you can very enormous amount or life saving amount from lottery

 

[WinJonny]

Lottery is not detrimental if you have good money management. You won't struggle with the lottery if you can manage your urges. Knowing when to stop is important. One of the best lotto playing strategies is knowing when to give up.

 

[uka]

Gambling is not all about having a lot of money if you are not good at playing you will end up losing everything that you have so gambling is not all about having a lot of money it a game of luck in other words it a game of chance to increase your bucket money