Heads, you win twenty dollars, tails you lose fifty dollars.

No thanks.

You win $50 every time you don’t play

But the addiction is amazing gambling that is the wins are what we want

Am buying 6 of these shortly.... It's the best way to think you'll end up a millionaire.

Aside from investing 10% of your income in a retirement account and working for 35 years, you’re right

Not sure how much I can win, but I KNOW I can lose $50 if I buy one of those.

Scam for SIMPs

I already invest some of my money and contribute to my sons college fund and my 401k...

This is just for gambling lol

“The only winning move is not to play.” —WOPR

Actually disgusting

Sounds more like: heads you lose $30, tails you lose $50.

Someone somewhere should do the math and figure out how much to buy to have a > 50/50 chance of recouping the investment plus some. It won’t be me.

Chances to win are 1 out of 4. If you do win, it’s at least $100.

I can save you the math, buying lots of them will lose you an average of 18% of your money

I think OPs intended question was, how many ticket you need to buy to have a 50% chance of hitting the jackpot at least once

Just wait till we tell you about how much you can lose.

Can’t win if you don’t play. - Folks at Dunkies.

Holy crap this is better than ever! You mean now, by not buying scratch tickets, I can win up to $50! Usually I just win $5 every single day by never scratching

I doubt this.

What part of that post do you doubt? Everything is detailed on the lottery website.

WCVB link that explains it.

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Yep so in the long run you will win back about $100 for every $200 spent.

And I thought the $20.00 ones when they came out was absurd. People must be buying them though because the lottery still prints them.

How about a nice game of chess?

On a $50 ticket they give you a higher chance to win $25 or $50 so you’ll go back and buy another one- and then lose

When I was a kid my father was a very troubled alcoholic. I was visiting him one day and we happened to go to a liquor store, he may have been buying something to drink I can't remember specifically. But we're waiting in line, and all these people are in front of us buying lotto.

He says "Son you know what you call that?", pointing to the scratch off tickets. "That's an idiot tax." I took it to heart being an impressionable kid wanting to make him happy. I've never bought a scratch ticket to this day.

Drink like a fish though.

CT has a $100 scratch off.

Wild

The state does not have your best interest at heart. You are just a means to redistribute wealth into the system. Lottery is just a glimpse into this system. There are many avenues that are disguised better.

We have failed to educate ourselves.

The Poverty Tax just went up, apparently.

The lottery is the tax for the poor

Lol heartwarming and humorous

But I won $25!!!!

But you lose on 100% of the scratches you don't make!...

Or should that be "win" on the scratches you don't make?....

1.1 billion net profit for the MA state lottery

For what it’s worth, this is perfect example of the fraudulence of the people running this state. The rainmakers on Beacon Hill go overboard to try and paint themselves and Massachusetts as ultra compassionate & progressive, with the “Brahmins” virtually unanimously working to craft their individual reputations as champions of equity and justice who fight tirelessly against enemies like the right wing and the 1% on behalf of the most disadvantaged members of society, people who the deck is stacked against that really do need help to have a serious chance at breaking out of the generational cycle of poverty and impossible choices that so many people are stuck in starting at birth. Then either by participation or simple inaction they bring a $50 dose of cardboard crack scratch ticket to market that is expected to generate $1.5 BILLION by serving as an extralegal tax collected via tempting the most vulnerable, desperate people in MA with dreams of an instant fortune that will be split by the commonwealth’s individual towns to use as they see fit, with zero earmarks to direct the town’s spending. People may argue with this, and I’d love to hear a well reasoned defense of $50 scratch offs. As a libertarian leaning MA resident my stance historically was that if fellow residents wanted legal scratch tickets then the government shouldn’t stand in their way, but this has been taken to such an extreme that I’ve reevaluated my position.

The tickets are designed as a trap according to the payouts.

Not disagreeing with you, these seem like a great way to burn thru your money, but if you do win on a ticket, it’s at least $100.

Clickbait headline for an article on how much money I can throw away? No thanks!

Dont play the lotto then, it is every individual’s duty to be aware of what they buy. You can tell these people that the odds are stacked against them but if they were willing to spend it on the lotto they will end up spending it anyway on the next person/business trying to get money from them. Like my grandmother she wastes so much money on lotto tickets despite losing overall just trying to get the next elusive 500, $1000 win. If she doesn’t spend it on them she wastes it buying useless items. Everyone has to be responsible for themselves. Inform others let them make their own choice

Edge for 500 bucks

This is unironically the best way to think about things to be frugal. Going to a restaurant? Would you take 35 bucks to not eat that single meal?

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