Lottery has grown to a multi-billion industry in the United States and is viewed as many people’s answer to the “American Dream.” However, the odds of winning are extremely low and the cost can be high. This raises the question, is it worth it to play?
Lotteries have three significant disadvantages: They are a costly waste of resources; they promote the idea that luck is more important than hard work; and they can encourage unrealistic hope and result in financial hardship. While lottery players can enjoy the social and community benefits, it is essential to remember that it is not a get-rich-quick scheme. The Lord wants us to earn our wealth honestly through diligent efforts and not by speculating on chance events like the lottery. (Proverbs 23:5).
Many state governments run their own lotteries. They legislate a monopoly; establish a government agency or public corporation to run it; begin with a small number of games; and then gradually expand the lottery by adding new games. Lotteries also generate substantial profits for convenience store owners; lottery suppliers (who contribute heavily to state political campaigns); and teachers in states where lotto revenue is earmarked for education.
Lottery advocates often argue that the money generated by lotteries is an excellent source of “painless” revenue to support state programs. But there are serious concerns about the reliability of lottery revenues, especially in light of the fact that states frequently substitute lottery money for other funds leaving the targeted program worse off.