Hacker Timesnew | past | comments | ask | show | jobs | submitlogin

That is correct: since these were not usual players who abstained from playing, but rather casual players who bought extra tickets just on rolldown, while the State got a cut from every ticket sale, they were effectively pouring extra money into the lottery, increasing the State's income.

Even if they re-invested their previous winnings, that would be twice (or more) that the State would get its cut from the same money, still increasing its income.



Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: