4 Lottery Myths Debunked

lottery ticket

The lottery has been prevalent in society for a long time. The earliest instance of a lottery game predates the Han Dynasty in China. They used proceeds from the lottery to help finance the creation of the Great Wall of China. The lottery’s prominence hasn’t only been limited to Asia. Instead, reports also exist of the lottery being common in Europe. For instance, King James created a lottery in 1612 to fund the settlement of Jamestown, VA.

Today, according to a Gallup Research poll, approximately half of all Americans play the lottery at least once annually. Although the lottery continues to grow popular, it does at a cost. Many people will often perpetuate myths about the lottery that are unequivocally false. Hence, we’ve decided to set the record straight. As a result, we’ve crafted this blog post to help debunk some of the common myths about the lottery.

Myths About the Lottery

Here are some of the myths about the lottery that we’ll be debunking. They include:

You’re Likelier to be Struck by Lightning Than Win the Lottery

Many people often spout claims that you’re likelier to be struck by lightning than to win the lottery. However, these are false statements. According to the US National Weather Service, the odds of lightning striking a person are about 1 in 600,000. Meanwhile, the odds of winning the US Powerball jackpot are 1 in 292 million.

However, there’s a twist in the tale. In 1995, then Iowa Lottery Commissioner Ed Stanek researched and found that 1,136 people had won a million dollars or more playing North America lotteries. On the flip side, he argued that only 91 people died because of a lighting striker. He cited that most lotteries aren’t an all-or-nothing affair. Players can still guess fewer numbers to win smaller prizes.

The Lottery is a Tax

It’s not uncommon to hear people claim the lottery is a tax. It’s still unclear where this statement arises from, but it can confuse you. For starters, playing the lottery is a voluntary move. On the other hand, governments impose taxes, meaning you can’t get out of paying them legally. In addition, many critics often argue that only lower-income groups play the lottery. However, that’s another misnomer. Research shows that middle-class citizens are the most likely demographic to play the lottery.

Only the Winners Benefit from the Lottery

Another misconception people hold is that only the winners benefit from the lottery. However, this isn’t true. Although the jackpot winnings can be life-altering, smaller prizes also exist. In addition, many lotteries today have a charitable component to them. They’ll provide the winnings to the winners first. Then, the lotteries will devote a significant percentage of their ticket sales to help charitable organizations. Hence, more people benefit from the lottery than you might think.

Winning Big More than Once is Impossible

We can’t overstate the importance of luck when playing the lottery. However, the notion that you can only win big once is a misnomer. For instance, an English couple named David and Kathleen Long won more than a million in the EuroMillions lottery in back-to-back years.

Likewise, an American couple from Arizona also had lady luck shining down on them. They first won $2.5 million in the Arizona State Lottery in 1995. Then, they won $1 million again in 2013.

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