I’ve found these descriptions of lotteries various places:

Regressive taxes
Taxes on fools
Mathematical taxes
Voluntary taxes
Redneck retirement plan

But I particularly liked this post Why do poor people always win the lottery? which ought to put anybody of buying lottery tickets thinking they might strike it rich.

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Welcome to this new personal finance blog. For more on why the world needs yet-another-personal-finance-blog (yapfb), see the “About” page.

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