Every time one of the big multi-state lottery jackpots gets up towards record territory, there’s a flurry of reports decrying the whole concept of state sanctioned gambling. I can tick most of the main arguments off by heart: They’re a tax on the poor; They’re a tax on those who don’t understand math; They divert funds that people should use for long term investment; They destroy the lives of the people who win. The list goes on and on and on and on… but you get the gist.
Like most other activities in life, there’s no end to people who want to tell you why you shouldn’t do something and why you’re an idiot if you do. I tend to fall more in line with the “let people enjoy the things they enjoy” school of thought. Deciding to buy a $2 Mega Millions ticket, even if it’s your last $2, literally doesn’t hurt anyone else. You buying a ticket doesn’t impact me in any way. In this country we’re all free to bankrupt ourselves in any way we’d like.
With no hand wringing at all, I’m happy to throw a few dollars every week at various games sponsored by the Maryland lottery. I’m putting plenty back to care for myself in old age, it’s not taking food out of anyone’s mouth, or a roof from over anyone’s head, so why the hell shouldn’t I take a flyer on fabulous wealth? It’s a happy dream that costs next to nothing.
Now if anyone needs me between now and Friday night, I’ll be over at Country Life getting a read on what English country homes are heading to market in the near future. A billion dollars probably won’t buy me a peerage, but it’s more than enough to live like it did.