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99% Invisible

For a Dollar and a Dream

99% Invisible

SiriusXM Podcasts and Roman Mars

Arts, Design

4.828.1K Ratings

🗓️ 11 April 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

From scratchers to the Powerball, the lottery is the most popular form of gambling in the United States, even though the odds of winning a big jackpot is infinitesimally small.

Transcript

Click on a timestamp to play from that location

0:00.0

This is 99% invisible. I'm Roman Mars.

0:05.0

In 2022, Americans spent more than 100 billion dollars on lottery tickets.

0:13.9

Well, millions of Americans are dreaming

0:15.8

about winning tomorrow's mega millions jackpot,

0:18.3

now the largest in world history.

0:20.5

Mystery surrounds the winner of the $2.04 billion dollar lotto ticket, the largest jackpot.

0:25.8

To imagine powerball excitement growing more than what we've seen over the last week.

0:29.6

But after another rollover, we're now seeing a record jackpot

0:33.2

leading to another dash for tickets.

0:36.1

From Scratchers to the Powerball,

0:37.8

the lottery is the most popular form of gambling

0:40.1

in the United States.

0:41.6

The likelihood that you will win a lottery like the Powerball is about

0:45.1

one in 292 million. Statistically, you're more likely to get attacked by a shark, give birth

0:51.5

to Quintuplets, or even get crushed by a meteorite.

0:55.0

You know, the lottery is often called attacks on people who are bad at math,

0:58.0

because this perception that lottery players don't understand the odds against them

1:02.0

and have these wishful

1:03.3

hopeful beliefs that a lottery will solve all of their financial problems.

1:06.8

That's Jonathan D Cohen.

1:08.8

He's a historian and author of the book For a Dollar and a Dream state lotteries in modern America.

1:14.0

Jonathan says it isn't just the people playing the lottery who

...

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