99% Invisible
For a Dollar and a Dream
Peter Duffy's AI podcast notes AI-generated based on their snips
AI-generated based on their snips
1. Americans spent over $100 billion on lottery tickets in 2022
2. Lottery is the most popular form of gambling in the United States
3. Scratch tickets have been successful due to their immediacy and were introduced in Massachusetts in 1974
4. Scratch tickets account for 60-65% of total annual lottery sales
5. Lotteries rely on three main games
6. Powerball and Mega Millions are the most familiar Lotto games which are multi-state iterations
7. State lottery commissions make games harder to win to increase jackpot size
8. Quick pick decreased the chance of lottery prizes rolling over
9. The 21st to 60th roughly of income distribution have disposable income to play the lottery
10. They are willing to spend $2 on the distant odds of 1.3 billion
11. People can't tell the difference between different odds of winning but can tell the difference between different jackpot amounts
