How is the lottery like UBI? This is similar to crypto maxis gambling on shitcoins and saying “generational wealth opportunity”.
Both of these are the siphoning of money from large volumes of people to a few people, who are the “success stories” used to dupe the next set of people.
I'm saying it's about the specific values of the parameters. Right now they're set so it's an evil trap. But we could maybe just tweak the parameters so that wasn't the case.
If the evil of the lottery is that the expected value is lower than the ticket cost that's just a simple stats problem to fix.
As one fair way of allocating insufficient resources. The lottery is evidence a lot of poor people would rather have a chance at radically improving their life than a small amount of money.
Do you have any real evidence that poor people would prefer a 1/300M chance in winning the lottery versus a guaranteed paycheck for their monthly expenses? I would love to see the proof for your assertion.
No, that sounds highly implausible to me. A guaranteed paycheck of $1,000/month to every American (in current USD) would be way better than what I suggested. This idea presumes scarcer resources.
I'm talking about something more like the difference between a 1/10 chance of $1,000/month for a year with a new drawing in a year vs $100/month for a year every year.
Even with those odds, I still don’t believe any poor person would prefer a lottery over guaranteed income. Your scenarios sound like projection/speculation than realistic to me.
Both of these are the siphoning of money from large volumes of people to a few people, who are the “success stories” used to dupe the next set of people.