Commentary
This year’s FIFA World Cup is well underway. Throughout the month-long tournament, millions of Americans, we’re told, will bet a total of $1.8 billion. This should come as no surprise. After all, Americans love to gamble. However, this love is quickly turning millions of Americans into gambling addicts.
You’re more likely to be struck by lightning than you are to win the lottery; you’re also 4,000 times more likely to win an Oscar. But try telling this to the American people, many of whom spend $1,000 per year on lottery tickets. Between now and 2025, the U.S. lottery market size is expected to increase by almost $28 billion. The country’s lottery addiction is about to get far worse. For those who scoff at the idea of lottery addiction, there’s nothing funny about unhealthy compulsions….