It's been said that the lottery is a "stupidity tax," and that people only buy

It's been said that the lottery is a "stupidity tax," and that people only buy

It's been said that the lottery is a "stupidity tax," and that people only buy tickets who fundamentally misunderstand the odds against them. However, I've seen people reply that, although they understand full well the infinitesimally small chance of winning, they view the lottery as a form of entertainment, and buy tickets with this in mind. Is this a sound rationalization for playing the lottery? Or is it just a way of laundering the same old irrationality?

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